What Happened
SEALSQ and WISeSat Space Partner for Satellite Capacity and Security Services
SEALSQ Corp has entered into a letter of intent with WISeSat.Space AG to acquire satellite capacity associated with 12 satellites, along with access to mission control, ground segment, and operational support services. The proposed transaction, valued at approximately $15 million, aims to support the development of SEALSQ’s Quantum Spatial Orbital Cloud (QSOC) platform. SEALSQ plans to develop and commercialize QSOC’s security-services layer, creating a potential source of recurring subscription revenue. The deal was reported in a Form 6-K filing with the US Securities and Exchange Commission, as reported by Unknown Source.