Sealsq announces board approved $10M strategic investment in WISeSat.Space

SEALSQ (LAES) announced that its Board of Directors has formally approved a $10 million strategic investment in WISeSat.Space AG, joining its parent company WISeKey International, to accelerate the planned deployment of a secure, quantum-ready satellite constellation. The $10 million investment secures SEALSQ a 9% equity stake in WISeSat, based on a pre-money valuation of $115 million established through a valuation conducted by an independent expert. This milestone financing will enable WISeSat to scale up its operations and accelerate the deployment of its planned satellite constellation, as well as provide the flexibility to evaluate opportunities for expanding its access to pre-existing satellite infrastructure through strategic partnerships and investments.

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