WISeKey Unveils Significant Expansion of WISeSat.Space 2024 Strategy
Geneva, Switzerland , Feb. 08, 2024 (GLOBE NEWSWIRE) -- For more information, visit: www.youtube.com/watch?v=T3ClseV4Igg
The strategic expansion includes the scheduled launch of new satellites in the fourth quarter of 2024, alongside the introduction of groundbreaking technology aboard its latest generation of Low Earth Orbit (LEO) satellites. This initiative is designed to meet the extensive IoT deployment needs across various sectors, including Smart Farming, Energy, and Logistics, ensuring reliable and secure data transmission anywhere on Earth.
In anticipation of the emerging quantum computing era, WISeSat.Space is proactively enhancing its security measures. The company is pioneering the adoption of post-quantum cryptographic solutions and devices provided by SEALSQ, WISeKey’s semiconductor subsidiary, thereby establishing new benchmarks for secure multi-factor authentication and the protection of critical data exchanges in the quantum future.
In contrast, Low Earth Orbit (“LEO”) satellites offer low-latency, high-speed Internet connections as they orbit much closer to Earth (160 to 2000 km). However, their fast movement means they can't stay over one spot, requiring a large constellation of satellites and tracking antennas for continuous coverage. After earlier failures in the 1990s, advancements in technology and commercial launch systems have now made it feasible and more cost-effective to deploy LEO satellite constellations, with many companies and governments pursuing this approach for global Internet access.
The use of WISeSat.Space operations employing Low Earth Orbit (“WISESAT.SPACE LEO”) satellites presents a transformative potential across a wide range of sectors beyond the initial applications in smart farming, energy, logistics, and the Industrial Internet of Things (“IIoT”). By leveraging the lower latency and the potential for higher-speed Internet connections provided by WISESAT.SPACE LEO satellites, as compared to geostationary (GEO) satellites, numerous sectors stand to benefit significantly.
Sectors to benefit from WISESAT.SPACE LEO expansion include:
1. Environmental Monitoring and Climate Change
2. Maritime and Aeronautical Applications
3. Defense and National Security
4. Healthcare and Telemedicine
6. Banking and Financial Services
7. Media and Entertainment
8. Scientific Research and Space Exploration
9. Tourism and Adventure
10. Urban and Smart Cities
By harnessing the capabilities of WISESAT.SPACE LEO satellites through WISeSat.Space operations, these sectors can achieve unprecedented levels of efficiency, accessibility, and global reach, paving the way for innovative solutions to some of the world's most pressing challenges.
WISeSat.Space SA, a dynamic entity registered in Zug, Switzerland, under the umbrella of WISeKey Holding, has embarked on an ambitious project in collaboration with Fossa Systems by launching a constellation of picosatellites. This venture, enhanced through partnerships with WISeKey and SEALSQ, aims to address pressing security concerns in satellite communication. By integrating the advanced VaultIC408 secure element, the collaboration significantly strengthens the security of each node within the satellite network, offering businesses of all sizes a highly secure and cost-efficient method to build their digital infrastructures.
To date, seventeen satellites equipped with WISeSat technology have been launched into orbit aboard SpaceX rockets, marking the initial phase of a visionary plan to deploy an 80-satellite constellation. This network aspires to provide comprehensive global IoT connectivity with an impressive data latency goal of just 10 hours.
In anticipation of the emerging quantum computing era, WISeSat.Space is proactively enhancing its security measures. The company is pioneering the adoption of post-quantum cryptographic solutions and devices, thereby establishing new benchmarks for secure multi-factor authentication and the protection of critical data exchanges in the quantum future.