Mergers & Acquisitions ·
SEALSQ signs binding letter of intent to acquire satellite capacity from WISeSat for estimated $15 million
WKEYWISeQey Corp.
SEALSQ Corp. signed a binding letter of intent to acquire satellite capacity associated with twelve satellites, along with mission control and ground segment services, from its affiliate WISeSat.Space AG. The proposed transaction is valued at approximately $15 million over the next 18 months and aims to establish initial infrastructure for the Quantum Spatial Orbital Cloud (QSOC). This related-party deal supports SEALSQ's strategy to extend semiconductor security technologies into space-enabled subscription services while providing WISeSat with a commercial framework to monetize its orbital assets. The transaction remains subject to definitive agreements and board approvals. WISeQey Corp. operates as a holding company for subsidiaries focused on secure satellite communications and post-quantum cybersecurity solutions.