eneva, Switzerland - WISeKey International Holding Ltd (“WISeKey”, SIX: WIHN / Nasdaq: WKEY), a leading global cybersecurity and IoT company, today announced that its technology integrates advanced digital security solutions into drones. Commercial drones are being used across various industries to help companies save money, improve safety, and enhance the efficiency of their operations.
This technology already in use in Parrot drones (https://dronelife.com/2020/07/16/parrot-boosts-drone-security-with-wisekey-tech/), is now available and suitable for all commercial drones allowing WISekey to work directly with other drone manufacturers. The integration of WISeKey’s digital security technologies from inflight control systems down to infrastructure is designed to help drone manufactures further guarantee the security of their drone flights and recorded data for professional users.
Public safety, security, defense and inspection professionals comprise a growing market share of drone users who demand the highest levels of privacy, encryption and security for their flights. Drones have many useful applications but can also be used to intentionally cause harm. Additionally, drones themselves can be subject to unlawful interference.
In 2019 the European Union issued a package of regulations relating to the use of unmanned aircrafts, including drones. The package consisted of two interlinked regulations:
Both regulations took effect on July 1, 2019, but the EU Commission Implementing Regulation was set to become applicable for drone operators one year later. As a result of the COVID-19 pandemic, the EU Commission further postponed the application of the implementing regulation by six months until January 1, 2021.
WISeKey’s VaultIC4xx series of secure elements offers reliable solutions to secure and prove the drone’s digital identity, and at the same time protect data and firmware against compromise when stored in the drone or in transit. This guarantees a secure connection between the controller and the drone. WISeKey’s VaultIC4xx secure elements are certified by the U.S. National Institute of Standards and Technology (NIST) following FIPS140-2 Level 3 standard, one of the strongest and globally recognized digital security levels. These are developed on Common Criteria EAL5+ certified hardware, another government grade security certification.
Carlos Moreira WISeKey Investor Relations (US)
Chairman & CEO Lena Cati
Tel. +41 22 594 3000 Tel. +1 212 836-9611
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.
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.
This press release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities, and it does not constitute an offering prospectus within the meaning of article 652a or article 1156 of the Swiss Code of Obligations or a listing prospectus within the meaning of the listing rules of the SIX Swiss Exchange. Investors must rely on their own evaluation of WISeKey and its securities, including the merits and risks involved. Nothing contained herein is, or shall be relied on as, a promise or representation as to the future performance of WISeKey.