WISeSAT.Space, a WISeKey Subsidiary, Strengthens Its Strategic Partnership with Swiss Armed Forces in the Space Sector for 2024 and Beyond; Plans Include the Launch of an Enhanced WISeSat Satellite in

Geneva and Bern, Switzerland, April 29, 2024 (GLOBE NEWSWIRE) — WISeSAT.Space, a subsidiary of WISeKey International Holding Ltd (WISeKey) (SIX: WIHN, NASDAQ: WKEY), a global leader in cybersecurity, Blockchain, and IoT platforms, today announced the strengthening of its strategic partnership with the Swiss Armed Forces in the space sector for 2024 and beyond. The collaboration includes plans to launch an enhanced WISeSat satellite in Q3 2024 using SpaceX.

The upgraded WISeSAT.Space satellite will be equipped with SEALSQ (Nasdaq: LAES) semiconductor technology and WISeKey cryptographic keys to secure the new FOSSASAT-2E satellite. This satellite is designed to boost performance in space and communication capabilities with SEALSQ IoT microchips installed in devices. In cooperation with FOSSA Systems, WISeSAT.Space has successfully launched 17 low-orbit satellites mainly aboard the SpaceX Transporter Rideshare missions and is currently developing a constellation of 88 additional low-orbit satellites to optimize global coverage for SEALSQ IoT devices.

WISeSAT.Space’s business model is centered on providing global satellite based secure IoT connectivity as a service. This includes providing the satellite platform, launch, integration, ground station services, and all security architecture and components as part of a comprehensive SaaS solution for low-power, secure space-based IoT connectivity.

Building upon the comprehensive survey conducted in 2023 on behalf of armasuisse, the R&D and procurement agency of the Swiss Ministry of Defense, WISeSAT.Space has garnered invaluable insights into the capabilities and potential of small satellites for IoT and signals intelligence (SIGINT) applications for the Swiss Armed Forces. The mission was to analyze space technologies relating to IoT and secure communications for national security and defense applications, tailored to the Swiss Space Domain’s unique needs.

For 2024, the focus is on a telecommunication in LEO-IoT (Low Earth Orbit Internet of Things) project aimed at advancing the findings of the 2023 study. Key objectives outlined by the Swiss Armed Forces include expanding the IoBT (Internet Of Battlefield Things) and SIGINT concepts to explore the feasibility of utilizing space segments with low frequencies for electronic reconnaissance purposes. The project also aims to demonstrate recurring narrowband…