SEALSQ Announces Intent to Acquire Capacity and Operational Services Associated with 12 WISeSat.Space Satellites for QSOC
SEALSQ signed a binding letter of intent to acquire capacity and operational services associated with 12 WISeSat.Space satellites, plus mission control, ground segment and support services, for approximately $15 million over 18 months. The deal establishes the initial infrastructure for SEALSQ's Quantum Spatial Orbital Cloud (QSOC), which aims to deliver post-quantum-secured satellite communications and subscription-based identity and key-management services to governments, financial institutions and defense customers.
Key figures
- Deal Value Usd
- 15000000
- Related pipe
- $10 million
- Satellites acquired
- 12
- Transaction period months
- 18
- Planned constellation by 2033
- up to 100 satellites
AI analysis
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