tiprankstipranks
WISeKey expands WISeSat.Space 2024 Strategy
The Fly

WISeKey expands WISeSat.Space 2024 Strategy

WISeKey International unveiled a significant expansion of its WISeSat.Space strategy for 2024. WISeSat.Space is a subsidiary of WISeKey, revolutionizing IoT connectivity with the first cost-effective and secure solution, leveraging picosatellites and low-power sensors to provide unparalleled IoT connectivity across the globe. 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 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. 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 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.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See the top stocks recommended by analysts >>

Read More on WKEY:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles