Sealsq to invest $10M in WISeSat.Space

SEALSQ Corp (LAES) during its Quantum Day in France, announced the intention to invest $10M in WISeSat.Space, and join its parent company, WISeKey International (WKEY) as a strategic investor in the WISeSat satellite constellation. Of note, WISeSat, a subsidiary of WISeKey, focuses on space technology for secure satellite communication, specifically for IoT applications. This investment, which is subject to, amongst other requirements, final approval by the Board of Directors of SEALSQ, marks a significant milestone in building the world’s first quantum-resilient satellite network, capable of delivering ultra-secure communications and transactional IoT services from space. The June 2025 mission will also feature a Proof of Concept showcasing SEALCOIN’s ability to enable decentralized, autonomous transactions between satellites and IoT devices. Powered by Hedera’s Decentralized Ledger Technology SEALCOIN ensures secure, transparent, and tamper-proof exchanges, laying the groundwork for a scalable Transactional IoT ecosystem. This capability opens new opportunities for machine-to-machine transactions in industries such as smart cities, automating resource management and infrastructure control; logistics, securing real-time tracking and automated payments; and remote sensing and environmental monitoring, enabling data monetization and autonomous operations.