WISeKey Subsidiary WISeSAT.Space Announces Strategic Alliance with Global Radio Systems
Algeciras, Spain; Geneva, Switzerland - September 4, 2024: WISeKey International Holding Ltd. ("WISeKey" or "Company") (SIX: WIHN, NASDAQ: WKEY), a global leader in cybersecurity, digital identity and Internet innovations of Things (IoT), today announced that via its subsidiary WISeSAT.Space ("WISeSAT"), it has entered into a strategic alliance with Global Radio Systems for the development of innovative solutions and integration of advanced technologies to enhance cyber-secure radio communications connectivity in critical environments such as emergencies, security and defense.
Headquartered in Spain, and with operations in more than 15 countries, Global Radio Systems offers secured professional radio communication services, including local and international talk/connection, remote support, emergency alerts, location and real time status, etc. to a wide range of clients.
Innovation and Security in Radio Communication
The collaboration between Global Radio Systems and WISeSAT, presented during the APBA Journey of Innovation event, will focus on creating innovative solutions that combine the advanced technologies of WISeKey and Global Radio Systems. This synergy will allow the offering of cutting-edge services and products that improve safety and efficiency in key sectors. The benefits of this alliance will extend to essential services, including the armed forces, police forces, firefighters, and other organizations that operate in extreme conditions and require reliable and secure communications.
Connectivity with Low Orbit Satellite Technology
The agreement provides for the use of the WISeSAT low-orbit satellite constellation to ensure robust and continuous connectivity, even in the most challenging environments. These technologies will allow greater flexibility and reach in emergency, security and defense operations, providing essential support for real-time decision making.
Commitment to Excellence and Innovation
"This alliance represents a significant step in our commitment to leading innovation in secure radio communications," said Pedro Roldán, CEO of Global Radio Systems. "By joining our strengths with WISeSAT, we are prepared to offer unique solutions that meet the most demanding needs of our clients in critical sectors."
Carlos Moreno, VP Corporate Alliances & Partnerships of WISeSAT.Space, added, "We are excited to work alongside Global Radio Systems to develop technologies that not only revolutionize the market, but also provide critical service to those who depend on secure communications in their daily operations. "
About WISeSAT.Space
WISeSat AG is pioneering a transformative approach to IoT connectivity and climate change monitoring through its innovative satellite constellation. By providing cost-effective, secure, and global IoT connectivity, WISeSat is enabling a wide range of applications that support environmental monitoring, disaster management, and sustainable practices. The integration of satellite data with advanced climate models holds great promise for enhancing our understanding of climate change and developing effective strategies to combat its impacts. As the world continues to grapple with the challenges of climate change, initiatives like WISeSat's IoT satellite constellation are essential for creating a more resilient and sustainable future.
About WISeKey
WISeKey International Holding Ltd ("WISeKey", SIX: WIHN; Nasdaq: WKEY) is a global leader in cybersecurity, digital identity, and IoT solutions platform. It operates as a Swiss-based holding company through several operational subsidiaries, each dedicated to specific aspects of its technology portfolio. The subsidiaries include (i) SEALSQ Corp (Nasdaq: LAES), which focuses on semiconductors, PKI, and post-quantum technology products, (ii) WISeKey SA which specializes in RoT and PKI solutions for secure authentication and identification in IoT, Blockchain, and AI, (iii) WISeSat AG which focuses on space technology for secure satellite communication, specifically for IoT applications, (iv) WISe.ART Corp which focuses on trusted blockchain NFTs and operates the WISe.ART marketplace for secure NFT transactions, and (v) SEALCOIN AG which focuses on decentralized physical internet with DePIN technology and house the development of the SEALCOIN platform.
Each subsidiary contributes to WISeKey's mission of securing the internet while focusing on their respective areas of research and expertise. Their technologies seamlessly integrate into the comprehensive WISeKey platform. WISeKey secures digital identity ecosystems for individuals and objects using Blockchain, AI, and IoT technologies. With over 1.6 billion microchips deployed across various IoT sectors, WISeKey plays a vital role in securing the Internet of Everything. The company's semiconductors generate valuable Big Data that, when analyzed with AI, enable predictive equipment failure prevention. Trusted by the OISTE/WISeKey cryptographic Root of Trust, WISeKey provides secure authentication and identification for IoT, Blockchain, and AI applications. The WISeKey Root of Trust ensures the integrity of online transactions between objects and people.
For more information on WISeKey's strategic direction and its subsidiary companies, please visit www.wisekey.com.
About Global Radio System
With more than 25 years of experience in the field of communications in security and emergency environments, the promoting team of Global Radio System, S.L launched the company in 2018 as a Professional Radio Communications Operator. With headquarters in Seville (Spain), it has developed an innovative solution with a disruptive business model in the field of radio communications, adapted to security and emergency environments and to all types of activity sectors, which allows its clients push to communications, talk locally and internationally, offer remote support, emergency alerts with your operators, control your location and status in real time, and many more applications. With very significant growth in the last 3 years, it is present in more than 15 countries in Europe, Africa and Latin America, counting among its clients ministries of defense, police, private security companies, firefighters, customs control, health transportation and the industrial environment.
Contact:
| WISeKey International Holding Ltd Company Contact: Carlos Moreira Chairman & CEO Tel: +41 22 594 3000 info@wisekey.com | WISeKey Investor Relations (US) The Equity Group Inc. Lena Cati Tel: +1 212 836-9611 / lcati@equityny.com Katie Murphy Tel: +1 212 836-9612 / kmurphy@equityny.com | Global Radio System Gustavo Pérez Commercial Director gperez@globalradiosystem.com + 34 610 509 195 |
Disclaimer:
This communication expressly or implicitly contains certain forward-looking statements concerning WISeKey International Holding Ltd and its business. Such statements involve certain known and unknown risks, uncertainties and other factors, which could cause the actual results, financial condition, performance or achievements of WISeKey International Holding Ltd to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. WISeKey International Holding Ltd is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise.
This press release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities, and it does not constitute an offering prospectus within the meaning of the Swiss Financial Services Act ("FinSA"), the FInSa's predecessor legislation or advertising within the meaning of the FinSA. Investors must rely on their own evaluation of WISeKey and its securities, including the merits and risks involved. Nothing contained herein is, or shall be relied on as, a promise or representation as to the future performance of WISeKey.
