Geneva, Switzerland – October 25, 2022: WISeKey International Holding Ltd. (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity, AI and IoT company, announced today the appointment of Simon Reding as its Satellite Application Manager. Mr. Reding will be responsible for handling Space Domain`s operational SSA (Space Situational Awareness) between WISeKey, FOSSA Systems and other partners including the Swiss Armed Forces Joint Operations Command, and The Federal Office for Defense Procurement armasuisse.
Of note, on October 13, 2022, WISeKey announced the signing of a partnership with the Swiss Armed Forces in the Space domain. This partnership between WISeKey and the Swiss Armed Forces aims to establish the foundation for the development of new capacities in the field of data security, interconnection of objects or communication links based on a constellation of small low-orbit satellites.
Mr. Reding brings military experience and connections, as well as proven experience in software engineering and information technology. Before joining WISeKey, Mr. Reding was part of the software engineering team of the spatial domain Joint Operations Command where he assisted in the development of a process and software tools to analyze and verify satellite imagery. Mr. Reding actively serves in the Swiss Armed Forces. Mr. Reding holds a master’s degree in computer science from EPFL with a focus on AI, Decentralized Systems and Innovation Management and a minor in Management, Technology, and Entrepreneurship and is fluent in German and English with knowledge of French and Italian.
Carlos Moreira, WISeKey’s Founder and CEO noted, “We are excited to have Simon join our team. His experience in the software engineering department will be critical in advancing the partnership with Swiss Armed Forces in the Space domain.”
Mr. Reding added, “I am thrilled to be joining the WISeKey team and working closely with a group of remarkable people to execute a business strategy focused on making WISeKey a global leader in satellite technology.”
WISeKey (NASDAQ: WKEY; SIX Swiss Exchange: WIHN) is a leading global cybersecurity company currently deploying large scale digital identity ecosystems for people and objects using Blockchain, AI and IoT respecting the Human as the Fulcrum of the Internet. WISeKey microprocessors secure the pervasive computing shaping today’s Internet of Everything. WISeKey IoT has an install base of over 1.5 billion microchips in virtually all IoT sectors (connected cars, smart cities, drones, agricultural sensors, anti-counterfeiting, smart lighting, servers, computers, mobile phones, crypto tokens etc.). WISeKey is uniquely positioned to be at the edge of IoT as our semiconductors produce a huge amount of Big Data that, when analyzed with Artificial Intelligence (AI), can help industrial applications to predict the failure of their equipment before it happens.
Our technology is Trusted by the OISTE/WISeKey’s Swiss based cryptographic Root of Trust (“RoT”) provides secure authentication and identification, in both physical and virtual environments, for the Internet of Things, Blockchain and Artificial Intelligence. The WISeKey RoT serves as a common trust anchor to ensure the integrity of online transactions among objects and between objects and people. For more information, visit www.wisekey.com.
Press and investor contacts:
|WISeKey International Holding Ltd|
Company Contact: Carlos Moreira
Chairman & CEO
Tel: +41 22 594 3000
|WISeKey Investor Relations (US)|
Contact: Lena Cati
The Equity Group Inc.
Tel: +1 212 836-9611
This communication expressly or implicitly contains certain forward-looking statements concerning WISeKey International Holding Ltd and its business. Such statements involve certain known and unknown risks, uncertainties and other factors, which could cause the actual results, financial condition, performance or achievements of WISeKey International Holding Ltd to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. WISeKey International Holding Ltd is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise.
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