SEALSQ Corp, a prominent entity in semiconductors and post-quantum technology, is expanding into Saudi Arabia. In partnership with WISeKey International Holding and the Juffali Group, SEALSQ aims to bolster the Kingdom’s Vision 2030 by enhancing digital transformation and cybersecurity.
The collaboration, which includes the WISeKey Arabia joint venture established in 2019, will introduce advanced technologies to support Saudi Arabia’s ambitious development plans. These technologies are intended to drive innovation, enhance cybersecurity, and develop the digital infrastructure.
Key Initiatives in Digital Transformation
A major focus is the implementation of WISeSat.Space, a satellite solution for IoT data processing in remote areas. Featuring quantum-resistant encryption, it ensures secure data transmission and makes satellite services more accessible for businesses and government. The solution is adaptable for various uses, such as environmental monitoring and smart city projects.
SEALSQ and WISeKey are also collaborating with Hedera to explore blockchain applications. This aligns with Saudi Arabia’s innovation strategy, particularly through the DeepTech Venture Studio. Supported by The Hashgraph Association and the Saudi Ministry of Investment, this initiative promotes startups in blockchain, AI, IoT, and quantum computing.
Enhancing Innovation through Strategic Collaborations
The DeepTech Venture Studio, with $250 million in funding, aims to establish Saudi Arabia as a global innovation hub. WISeKey Arabia will provide secure, scalable technology solutions to startups, facilitating their innovations.
These efforts support existing projects like the Centre for the Fourth Industrial Revolution and the Quantum Economy project, highlighting Saudi Arabia’s commitment to technological advancement and economic diversification as part of Vision 2030.
Carlos Moreira’s Vision for Saudi Arabia
Carlos Moreira, CEO of SEALSQ, emphasized the importance of the partnership with Saudi Arabia, focusing not only on cybersecurity but also on delivering groundbreaking technologies. Collaborations with entities like Hedera aim to equip businesses and the government with essential digital tools.
SEALSQ and WISeKey are pivotal in Saudi Arabia’s digital transformation, contributing to its goals of economic diversification and technological leadership. This partnership positions SEALSQ as a crucial player in the Kingdom’s future progress.