WISeKey To Develop An Ultra-Secure Picosatellite Solution For Quantum-Ready IoT Communications
Portfolio Pulse from Happy Mohamed
WISeKey International Holding Ltd. (NASDAQ:WKEY) and its subsidiaries, SEALSQ Corp (NASDAQ:LAES) and WISeSat AG, are developing an ultra-secure picosatellite solution for Quantum-Ready IoT communications. The new generation of WISeSat-ready satellites will incorporate post-quantum solutions, with microchips and devices designed to withstand the evolution of computational power. Seventeen WISeSat-ready satellites have already been launched into orbit with SpaceX as part of an 80-satellite constellation.
July 14, 2023 | 1:13 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
SEALSQ Corp, a subsidiary of WISeKey, is collaborating on the development of an ultra-secure picosatellite solution for Quantum-Ready IoT communications.
SEALSQ Corp's involvement in the development of a Quantum-Ready IoT communications solution could potentially increase its market share and revenue in the IoT and cybersecurity markets. The company's stock price could rise in the short term due to this positive news.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
WISeKey is developing an ultra-secure picosatellite solution for Quantum-Ready IoT communications, which could strengthen its position in the IoT and cybersecurity markets.
The development of a Quantum-Ready IoT communications solution could potentially increase WISeKey's market share and revenue in the IoT and cybersecurity markets. The company's stock price could rise in the short term due to this positive news.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100