10:43 AM EDT, 06/17/2025 (MT Newswires) -- SEALSQ ( LAES ) said Tuesday its board has approved a $10 million investment in WISeKey International's (WKEY) WISeSat.Space unit to help build a secure, quantum-ready satellite network.

The funding gives SEALSQ ( LAES ) a 9% equity stake in WISeSat, based on a $115 million valuation by an independent expert, the company said.

The investment will support WISeSat in accelerating its satellite deployment and explore partnerships to expand access to existing satellite infrastructure, it added.

WISeSat said it plans to launch its next satellite, WISeSat 3.0, from California in late June 2025 with support for quantum-secure communications and automated machine-to-machine transactions using SEALCOIN and Hedera's DLT.

WISeSat also plans to expand globally by partnering with PLD Space in Spain and SkyRoot Aerospace in India, according to the company.

The WISeSat 3.0 launch will test a model for Satellite-as-a-Service to create new revenue from secure connectivity, data services, and blockchain-based IoT transactions.

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