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WISeKey’s Identity Blockchain Technology Secures Commercial and Recreational Drones and Improves Safety Swiss Stock Exchange:WIHN

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WISeKey launches IoT partnerships via the Trust Protocol Association to monetize its intellectual property (IP) portfolio, including both patent and data assets
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WISeKey’s Identification Blockchain Expertise Secures Business and Leisure Drones and Improves Security

FAA lays out its distant ID ‘license plate for drones’ necessities

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ZUG, Switzerland – December 29, 2020 – WISeKey Worldwide Holding (“WISeKey”, SIX: WIHN, NASDAQ: WKEY), a number one cybersecurity IoT firm, right now introduced that its id blockchain expertise integrates superior digital safety options into drones. Business drones are getting used throughout numerous industries to assist firms get monetary savings, enhance security, and improve the effectivity of their operations.

New laws by the Federal Aviation Administration (FAA) within the U.S., for the primary time permit business drones used for deliveries and companies to fly overpopulated areas.  These guidelines embody strict necessities for monitoring these drones to handle security and FAA safety issues.

As per these new security guidelines, all however the smallest drones must broadcast a radio sign with a digital license plate and a flight location.  Moreover, beginning in 2022, the FAA’s Distant ID requirement will necessitate each drone offered within the U.S. that weighs greater than 0.55 kilos to come back with a option to broadcasts its location and identification to native authorities. A technique to consider the expertise is as a digital license plate for drones.

This expertise already in use in Parrot drones (https://dronelife.com/2020/07/16/parrot-boosts-drone-security-with-wisekey-tech/), is now out there and appropriate for all business drones permitting WISekey to work straight with different drone producers.  The mixing of WISeKey’s digital safety applied sciences from inflight management methods right down to infrastructure is designed to assist drone manufactures additional assure the safety of their drone flights and recorded information for skilled customers.

Public security, safety, protection, and inspection professionals comprise a rising market share of drone customers who demand the very best ranges of privateness, encryption and safety for his or her flights.  Drones have many helpful functions however may also be used to deliberately trigger hurt. Moreover, drones themselves could be topic to illegal interference.

WISeKey’s VaultIC4xx sequence of safe components provides dependable options to safe and show the drone’s digital id, and on the similar time defend information and firmware in opposition to compromise when saved within the drone or in transit. This ensures a safe connection between the controller and the drone. WISeKey’s VaultIC4xx safe components are licensed by the U.S. Nationwide Institute of Requirements and Expertise (NIST) following FIPS140-2 Stage 3 commonplace, one of many strongest and globally acknowledged digital safety ranges. These are developed on Widespread Standards EAL5+ licensed {hardware}, one other authorities grade safety certification.

About WISeKey
WISeKey (NASDAQ: WKEY; SIX Swiss Alternate: WIHN, NASDAQ: WKEY) is a number one world cybersecurity firm at the moment deploying massive scale digital id ecosystems for folks and objects utilizing Blockchain, AI and IoT respecting the Human because the Fulcrum of the Web. WISeKey microprocessors safe the pervasive computing shaping right now’s Web of All the things. WISeKey IoT has an set up base of over 1.5 billion microchips in just about all IoT sectors (linked automobiles, sensible cities, drones, agricultural sensors, anti-counterfeiting, sensible lighting, servers, computer systems, cell phones, crypto tokens and so on.).  WISeKey is uniquely positioned to be on the fringe of IoT as our semiconductors produce an enormous quantity of Massive Information that, when analyzed with Synthetic Intelligence (AI), might help industrial functions to foretell the failure of their tools earlier than it occurs.

Our expertise is Trusted by the OISTE/WISeKey’s Swiss based mostly cryptographic Root of Belief (“RoT”) supplies safe authentication and identification, in each bodily and digital environments, for the Web of Issues, Blockchain and Synthetic Intelligence. The WISeKey RoT serves as a typical belief anchor to make sure the integrity of on-line transactions amongst objects and between objects and other people. For extra data, go to www.wisekey.com.

Press and investor contacts:

WISeKey Worldwide Holding Ltd 
Firm Contact:  Carlos Moreira
Chairman & CEO
Tel: +41 22 594 3000
info@wisekey.com
WISeKey Investor Relations (US) 
Contact:  Lena Cati
The Fairness Group Inc.
Tel: +1 212 836-9611
lcati@equityny.com

Disclaimer:

This communication expressly or implicitly accommodates sure forward-looking statements regarding WISeKey Worldwide Holding Ltd and its enterprise. Such statements contain sure recognized and unknown dangers, uncertainties and different components, which might trigger the precise outcomes, monetary situation, efficiency or achievements of WISeKey Worldwide Holding Ltd to be materially completely different from any future outcomes, efficiency or achievements expressed or implied by such forward-looking statements. WISeKey Worldwide Holding Ltd is offering this communication as of this date and doesn’t undertake to replace any forward-looking statements contained herein on account of new data, future occasions or in any other case.

This press launch doesn’t represent a proposal to promote, or a solicitation of a proposal to purchase, any securities, and it doesn’t represent an providing prospectus throughout the that means of the Swiss Monetary Providers Act (“FinSA”), the FinSA’s predecessor laws or promoting throughout the that means of the FinSA, or throughout the that means of some other securities regulation. Buyers should depend on their very own analysis of WISeKey and its securities, together with the deserves and dangers concerned. Nothing contained herein is, or shall be relied on as, a promise or illustration as to the long run efficiency of WISeKey.



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Tags: BlockchainCommercialdronesExchangeWIHNIdentityImprovesRecreationalsafetySecuresstockSwissTechnologyWISeKeys
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