SEALSQ Expands in Saudi Arabia with WISeKey Partnership
SEALSQ Corp, a leader in semiconductor and post-quantum technologies, is boosting its presence in Saudi Arabia through WISeKey Arabia, a joint venture with WISeKey and the Juffali Group. This move supports Saudi Arabia’s digital and cybersecurity goals under Vision 2030.
Since 2019, WISeKey Arabia has been committed to building a secure digital framework in Saudi Arabia. Their focus is on providing cutting-edge solutions like Public Key Infrastructure, digital identity management, and IoT security, enhanced by SEALSQ’s quantum-resistant cryptography.
Introducing Advanced Technologies
SEALSQ and WISeKey are set to introduce innovations such as satellite communications and IoT security through WISeSat.Space, a secure satellite solution enabling real-time IoT data processing. Key features include:
-
Quantum-resistant encryption for secure IoT data.
-
Cost-effective satellite communication solutions.
-
Scalability for applications like smart cities and supply chains.
WISeSat.Space’s integration is strategically positioned to enhance local industries’ capabilities in the Fourth Industrial Revolution.
Collaborations and Investments
SEALSQ and WISeKey are collaborating with Hedera to leverage blockchain technology, supported by The Hashgraph Association’s partnership with the Saudi Ministry of Investment. This includes a $250M DeepTech Venture Studio to aid startups in fields such as AI and quantum computing.
The Studio, backed by $50M from The Hashgraph Association and $200M from the Saudi Ministry, offers significant opportunities for Saudi companies using Hedera’s network. WISeKey Arabia will provide secure, scalable solutions to these startups.
Aligning with Vision 2030
WISeKey and SEALSQ’s initiatives align with Vision 2030, promoting innovation and economic diversification. Their efforts support national projects like the Centre for the Fourth Industrial Revolution and the Quantum Economy project.
CEO Carlos Moreira emphasized their commitment: We aim to empower Saudi businesses and government with the tools needed for success in a rapidly evolving digital landscape.
About SEALSQ
SEALSQ specializes in integrated solutions using semiconductors, PKI, and post-quantum technologies. Their offerings cater to diverse sectors, including IT, healthcare, and automotive industries.
Post-Quantum Cryptography (PQC) ensures security against potential quantum computer threats, safeguarding sensitive information from future attacks.
Forward-Looking Statements
This announcement may contain forward-looking statements about SEALSQ Corp’s future plans and performance. These statements involve risks and uncertainties, and actual outcomes may differ. SEALSQ does not undertake to update these statements based on new information or future events.