WISeKey to Launch Groundbreaking Space Cryptocurrency Demo in 2025
WISeKey’s subsidiary, WISeSat.Space, has been featured on Swiss Radio Television, highlighting its upcoming satellite launch in January 2025. The mission will demonstrate the first-ever exchange of SEALCOIN from space, utilizing WISeKey’s security solutions and the Hedera network. This groundbreaking initiative aims to establish proof-of-concept for space-based cryptocurrency transactions and showcase ultra-secure communication technologies for critical infrastructure. The project represents a significant advancement in combining blockchain with satellite technology, positioning Switzerland at the forefront of aerospace and cybersecurity innovation.
La filiale di WISeKey, WISeSat.Space, è stata presentata dalla Radiotelevisione svizzera, evidenziando il suo imminente lancio satellitare previsto per gennaio 2025. La missione dimostrerà il primo scambio di SEALCOIN dallo spazio, utilizzando le soluzioni di sicurezza di WISeKey e la rete Hedera. Questa iniziativa pionieristica mira a stabilire una prova di concetto per le transazioni di criptovalute basate nello spazio e a mostrare tecnologie di comunicazione ultra-sicure per infrastrutture critiche. Il progetto rappresenta un notevole progresso nell’integrazione della blockchain con la tecnologia satellitare, posizionando la Svizzera all’avanguardia nell’innovazione aerospaziale e nella cybersecurity.
La subsidiaria de WISeKey, WISeSat.Space, ha sido presentada en la Radiotelevisión Suiza, destacando su próximo lanzamiento de satélites en enero de 2025. La misión demostrará el primer intercambio de SEALCOIN desde el espacio, utilizando las soluciones de seguridad de WISeKey y la red Hedera. Esta iniciativa innovadora tiene como objetivo establecer una prueba de concepto para las transacciones de criptomonedas basadas en el espacio y mostrar tecnologías de comunicación ultra-seguras para infraestructuras críticas. El proyecto representa un avance significativo en la combinación de blockchain con tecnología satelital, posicionando a Suiza a la vanguardia de la innovación en aeroespacial y ciberseguridad.
WISeKey의 자회사인 WISeSat.Space가 스위스 방송에서 소개되었으며, 2025년 1월 예정된 위성 발사에 대해 강조했습니다. 이 임무는 WISeKey의 보안 솔루션과 헤데라 네트워크를 이용하여 우주에서 최초의 SEALCOIN 교환을 시연할 것입니다. 이 획기적인 이니셔티브는 우주 기반 암호화폐 거래의 개념 증명을 수립하고, 중요한 인프라를 위한 초보안 통신 기술을 선보이는 것을 목표로 합니다. 이 프로젝트는 블록체인과 위성 기술의 통합에 있어 중요한 발전을 나타내며, 스위스를 항공 우주 및 사이버 보안 혁신의 최전선에 위치시키고 있습니다.
La filiale de WISeKey, WISeSat.Space, a été mise en avant sur la Radiodiffusion Suisse, soulignant son prochain lancement de satellite prévu pour janvier 2025. La mission démontrera le tout premier échange de SEALCOIN depuis l’espace, en utilisant les solutions de sécurité de WISeKey et le réseau Hedera. Cette initiative révolutionnaire vise à établir une preuve de concept pour les transactions de cryptomonnaies basées dans l’espace et à montrer des technologies de communication ultra-sécurisées pour les infrastructures critiques. Le projet représente une avancée significative dans la combinaison de la blockchain et de la technologie satellite, plaçant la Suisse à l’avant-garde de l’innovation aérospatiale et de la cybersécurité.
Die Tochtergesellschaft von WISeKey, WISeSat.Space, wurde im Schweizer Radio Fernsehen vorgestellt und hebt den bevorstehenden Satellitenstart im Januar 2025 hervor. Die Mission wird den ersten Austausch von SEALCOIN aus dem Weltraum demonstrieren, wobei die Sicherheitslösungen von WISeKey und das Hedera-Netzwerk genutzt werden. Diese bahnbrechende Initiative zielt darauf ab, einen Proof-of-Concept für raumbasierte Kryptowährungstransaktionen zu etablieren und ultra-sichere Kommunikationstechnologien für kritische Infrastrukturen vorzustellen. Das Projekt stellt einen bedeutenden Fortschritt in der Kombination von Blockchain und Satellitentechnologie dar und positioniert die Schweiz an der Spitze der Innovation in der Luft- und Raumfahrt sowie der Cybersicherheit.
Positive
- First-ever demonstration of secure cryptocurrency transactions from orbit
- Integration of blockchain with satellite technology for critical infrastructure
- Expansion into space-based digital economies
Insights
While the concept of blockchain transactions from space sounds innovative, this news has minimal immediate business impact. The January 2025 satellite launch and SEALCOIN demonstration are primarily proof-of-concept developments without clear revenue implications or market validation. The media coverage on Swiss Radio Television, while providing visibility, doesn’t materially affect WISeKey’s current business operations or financial outlook.
The technical achievement of conducting cryptocurrency transactions from orbit is interesting from an engineering perspective, but for a micro-cap company (
WISeSat.Space Featured on Swiss Radio Television: Pioneering Blockchain and Cryptocurrency Transactions from Space
Geneva, Switzerland – November 15, 2024 – WISeKey International Holding (“WISeKey”, SIX: WIHN, NASDAQ: WKEY), a global leader in cybersecurity digital identity and Internet of Things (IoT) innovations operating as a holding company, today announced that its subsidiary, WISeSat.Space, which focuses on space technology for secure satellite communication, specifically for IoT applications, has garnered national attention with a feature on Swiss Radio Television. The segment highlights the upcoming launch of a next-generation satellite in January 2025, marking a pivotal moment for Swiss innovation and global satellite technology.
A World-First in Blockchain and Cryptocurrency Innovation
The mission, powered by WISeKey’s state-of-the-art security solutions and the Hedera network, will pioneer the exchange of SEALCOIN from space, establishing a proof-of-concept that redefines the boundaries of blockchain integration. This marks the first-ever demonstration of secure digital cryptocurrency transactions conducted from orbit, a breakthrough that sets the stage for a new era of space-based digital economies.
Secure Satellite Communication for a Connected World
Beyond testing cryptocurrency transactions, this next-generation satellite will showcase WISeKey’s leadership in providing ultra-secure communication technologies for critical infrastructure. The project emphasizes the integration of blockchain with satellite technology, addressing the increasing demand for secure and decentralized digital systems in space and on Earth.
A Milestone for Swiss Technology
As part of Switzerland’s growing leadership in aerospace and cybersecurity, the WISeSat.Space mission contributes to the country’s reputation for excellence in technological innovation. This project underscores Switzerland’s commitment to combining its expertise in precision engineering, security, and sustainability to lead in the global space economy.
Feature on Swiss Radio Television
The recent coverage by Swiss Radio Television highlights the strategic importance of this initiative, particularly in enhancing Switzerland’s capability to support secure, decentralized communication infrastructures. View the full article and broadcast here: RTS Coverage.
Countdown to Liftoff
WISeSat.Space is poised to redefine the possibilities of secure communication and blockchain technology from orbit. Stay tuned for further updates as we prepare for this groundbreaking launch.
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.
WISeKey is a Swiss-based computer infrastructure company specializing in cybersecurity, digital identity, blockchain, Internet of Things (IoT) solutions, and post-quantum semiconductors. As a computer infrastructure company, WISeKey provides secure platforms for data and device management across industries like finance, healthcare, and government. It leverages its Public Key Infrastructure (PKI) to ensure encrypted communications and authentication, while also focusing on next-generation security through post-quantum cryptography.
WISeKey’s work with post-quantum semiconductors is aimed at future-proofing its security solutions against the threats posed by quantum computing. These advanced semiconductors support encryption that can withstand the computational power of quantum computers, ensuring the long-term security of connected devices and critical infrastructure. Combined with its expertise in blockchain and IoT, WISeKey’s post-quantum technologies provide a robust foundation for secure digital ecosystems at the hardware, software, and network levels.
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.
Press and Investor Contacts
WISeKey International Holding Ltd Company Contact: Carlos Moreira Chairman & CEO Tel: +41 22 594 3000 [email protected] |
WISeKey Investor Relations (US) The Equity Group Inc. Lena Cati Tel: +1 212 836-9611 / [email protected] Katie Murphy Tel: +1 212 836-9612 / [email protected] |
FAQ
When is WISeSat.Space (WKEY) launching its next-generation satellite?
WISeSat.Space is scheduled to launch its next-generation satellite in January 2025.
What cryptocurrency will WISeSat.Space (WKEY) test in space?
WISeSat.Space will test SEALCOIN transactions from space using the Hedera network.
What is unique about WISeSat.Space’s (WKEY) upcoming satellite mission?
It will be the first-ever demonstration of secure digital cryptocurrency transactions conducted from orbit, combining blockchain with satellite technology.
Which media outlet featured WISeSat.Space’s (WKEY) space technology?
WISeSat.Space was featured on Swiss Radio Television, highlighting its innovative space technology and upcoming satellite launch.
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