WISeKey Subsidiary to Launch New Satellites for IoT and Climate Monitoring, Partners with Swiss Army, Expands Satellite Constellation
Portfolio Pulse from Benzinga Newsdesk
WISeKey's subsidiary WISeSat.Space is set to launch new satellites for IoT and climate monitoring, partnering with the Swiss Army and expanding its satellite constellation. The company plans to launch a new generation of satellites in Q4 2024, install a satellite antenna in Switzerland, and develop a European-based neutral satellite constellation. SEALSQ Corp. technology will be integrated into the upgraded satellites.
June 26, 2024 | 7:02 am
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SEALSQ Corp.'s semiconductor technology will be integrated into WISeSat.Space's upgraded satellites, potentially increasing demand for SEALSQ's products.
The integration of SEALSQ's semiconductor technology into WISeSat.Space's upgraded satellites could drive demand for SEALSQ's products, positively impacting its market position.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 70
POSITIVE IMPACT
WISeKey's subsidiary WISeSat.Space is launching new satellites and partnering with the Swiss Army, which could enhance its market position in IoT and climate monitoring.
The launch of new satellites and the partnership with the Swiss Army are significant developments that could enhance WISeKey's market position and revenue potential in the IoT and climate monitoring sectors.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100