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WISeKey and FOSSA Systems to Launch New WISeSat -Ready Satellites with SpaceX

Geneva and Zug Switzerland May 19, 2023 WISeKey International Holding Ltd (WISeKey, SIX: WIHN; Nasdaq: WKEY), a leading cybersecurity, IoT and AI company, announced that in cooperation with FOSSA Systems (FOSSA) would be launching several new WISeSat-Ready FOSSA powered satellites with SpaceX, adding to the 13 FOSSA satellites already in orbit.

These new satellites will be part of the 80-satellite constellation which FOSSA has been planning to deploy since early 2022, aiming to provide global and real-time IoT connectivity for industrial applications with a 10-hour data latency. The launch will be carried out by SpaceX on a Falcon 9 Vehicle, no earlier than June 2023.

This next-generation will deliver higher capacity services in a commercial manner for a wider range of applications, supporting IoT and other space-related services in areas such as communications or remote sensing in the fields of Signal Intelligence.

The WISeSaT Satellite is a security-IoT hardened nanosatellite designed to further drive down satellite costs for IoT applications. As more satellites are deployed, WISeSat and FOSSA will offer lower latency times, reaching near real-time data with the 80 satellites projected for 2024. This new FEROX generation of satellites provides unprecedented capabilities comparable to that of 6 12U satellites in a fraction of the size, mass, and cost.

These WISeSaT ready platforms will enable secure and robust IoT connectivity and space-enabled services for assets in remote locations and applications such as maritime shipment, emergency locators, agriculture or farming.

WISeKey is offering this technology to its IoT clients in a SaaS model allowing both remote and redundant urban IoT communications for companies seeking to securely connect their assets via satellite communication covering large and unserved geographic areas such as maritime, deserts, mountains, etc., at affordable prices. WISeKey Trust and Security solutions offer unique integration into an end-to-end platform that communicates in real-time with WISeSat. Satellite by ensuring the authenticity, confidentiality, and integrity of the devices, objects, data and transactions.

WISeKeys INeS platform uses state-of-the-art cryptographic algorithms to meet the highest standards for issuing, managing, and validating digital credentials for IoT devices, including those connected with WISeSaT.Satellite. This platform is scalable and can support environments for hundreds of millions of devices and sensors, and is able to remotely collect data from the field and transmit to the backend.

Additionally, INeS features Entity Management (any custom attributes such as identities, group, type, role, and life cycle), Message Security Policy Management, and Business Rules Management. Interfacing via the cloud and connecting devices and applications, INeS is capable of remotely identifying credentials and controlling activation, deactivation, revocation, renewal, and secure provisioning.

About WISeKey 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 todays Internet of Everything. WISeKey IoT has an installed base of over 1.6 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 leading edge of IoT as our semiconductors produce a huge amount of Big Data that, when analyzed with Artificial Intelligence (AI), can help industrial applications predict the failure of their equipment before it happens.

Our technology is Trusted by the OISTE/WISeKeys 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 http://www.wisekey.com .

Press and investor contacts: WISeKey International Holding Ltd Company Contact: Carlos Moreira Chairman & CEO Tel: +41 22 594 3000 info@wisekey.com

WISeKey Investor Relations (US) Contact: Lena Cati The Equity Group Inc. Tel: +1 212 836-9611 lcati@equityny.com

Disclaimer: 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.

About FOSSA

FOSSA Systems is a Spanish company that provides dedicated space services and complete IoT solutions that enable the transmission of information from a device located anywhere on the planet through satellite connectivity. FOSSA provides turnkey solutions for companies of all sizes with satellite & IoT as its core. FOSSA is pioneering a market that currently has 10 billion connected devices and that it expects to have more than 25 billion by 2025. With their 80-satellite constellation, they expect to connect millions of devices directly to their network, offering global and real-time direct-to-device LPWAN coverage. FOSSA has verticalized the manufacturing process of satellites, space operations and ground segment services and currently has 13 satellites in orbit.

Press and Investor contacts: FOSSA Systems S.L. Julian Fernandezat contact@fossa.systems

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WISeKey and FOSSA Systems to Launch New WISeSat-Ready ... - InvestorsObserver

TALLAHASSEE A measure now before Gov. Ron DeSantis would extend liability protections to private aerospace companies if crew members are injured or killed in spaceflights.

The legislation (SB 1318) was among 62 bills DeSantis received Tuesday. He has until May 31 to act on the proposal.

With the state seeing growth in private launches, the bill would cover crew members who are employees or contractors of companies such as SpaceX and others.

Senate bill sponsor Tom Wright, a New Smyrna Beach Republican who chairs the Senate Military and Veterans Affairs, Space and Domestic Security Committee, said earlier this year the proposal would adapt Florida law to address the evolution of space flight, allowing company employees of SpaceX, Boeing, Blue Origin and so forth to fly to space under this.

The law doesnt cover ground crew members or change workers compensation rules.

The measure isnt the only legislation now on DeSantis desk that has a tie to the space industry.

A series of road designations in a Department of Transportation bill (HB 21) includes the bridge on State Road 3 over the Canaveral Barge Canal in Brevard County being dedicated to Christa McAuliffe, the New Hampshire teacher killed in 1986 on the space shuttle Challenger.

The proposal would also name the new NASA Causeway Bridge on State Road 405 over the Indian River in Brevard County after astronaut Sally Ride.

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DeSantis gets bill to protect SpaceX, other firms from accident liability - Orlando Sentinel

May 19, 2023

By Kevin Armstrong

Tesla's forthcoming ">Roadster SpaceX Edition, armed with the optional SpaceX Package, could soon make its mark in the electric hypercar realm. The heart of this enhancement is SpaceX's rocket technology, resulting in cold air thrusters positioned around the vehicle for improved acceleration and handling. This addition will allow the supercar to reach a staggering 0-60 mph time of just 1.1 seconds, as confirmed by Elon Musk himself on Twitter.

However, while the Roadster SpaceX Edition is an impressive challenger, it is entering a field currently dominated by a formidable adversary: the Rimac Nevera. Born from Rimac Automobili, the Croatian manufacturer that has been pushing the boundaries of electric hypercars since 2009, the Nevera has become the reigning titan of electric hypercars.

The Neveras achievement is highlighted by its recent extraordinary performance, shattering an astonishing 23 records in a single day (video below). This feat included a rapid 0-60 mph acceleration time of 1.74 seconds (which is slower than the Roadster's projected time and only 2-tenths faster than the Model S Plaid).

However, the most astounding among these records was a 0-400 km/h (249 mph) acceleration time of just 21.31 seconds. With such an impressive performance, the Nevera is currently the fastest production car available, marking a new era in the electric vehicle industry. The test driver said he could've been eating ice cream while breaking these records - it was that easy!

However, such groundbreaking performance comes at a price. The Nevera is estimated to cost a whopping $2.4 million per unit, ten times more than the expected cost of a SpaceX Roadster. Rimac plans to produce only 150 of these record-breaking machines, the Roadster will also be produced in limited numbers. Despite its price, Rimac assures potential owners that the Nevera is more than a hypercar; its a potential record-breaker in their own hands.

Following Nevera's remarkable performance, a Twitter user asked Elon Musk if the Roadster SpaceX Edition could topple Nevera's 0-60 mph time. Musk responded with a simple "lol," leaving EV enthusiasts in suspense. Is this cryptic response a sign of an impending challenge from Tesla? Could the Roadster, with its SpaceX Package, surpass the Nevera's record-breaking performance? Musk was just in the F1 Red Bull pits, perhaps he has the racing bug?

While it's too soon to provide definitive answers, this potential contest marks an exciting moment in electric hypercar performance. With its revolutionary technology, Tesla's Roadster SpaceX Edition could challenge the current hypercar hierarchy and redefine performance standards in the electric vehicle market.

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By Kevin Armstrong

In the realm of electric vehicles, Tesla has always stood apart, not just for its cutting-edge technology and exquisite design but also the personalization it offers owners. One of the most endearing ways Tesla has allowed owners to embrace their vehicles is by allowing them to name them.

Your Tesla can bear a name that resonates with your personality and style. This guide will walk you through the process of naming your Tesla, reveal some hidden Easter Eggs, and offer a cornucopia of popular and creative names to inspire you.

Whether you're cruising in a Model Y, Model 3, X, or S, the process of naming your Tesla remains the same. To assign a name to your Tesla, you can either be in your vehicle or use the Tesla app on your phone.

Tap the Car icon on the bottom left and proceed to the 'Software' section.

This space holds all vital information about your Tesla, from the hardware it's equipped with to any subscriptions you may have, such as Premium Connectivity or Full Self-Driving, and the current software version your vehicle runs on.

Locate the image of your car; you'll find your exact model name on the left and a spot for your car's name on the right, highlighted in blue. If your car is yet unnamed, you'll see the default text, 'Name your vehicle.' Tap on this, and a screen to rename your car will appear. Voila! Your Tesla is ready for its new identity.

If you prefer to update your vehicle's name using the Tesla app, you can simply tap your vehicle's name at the top of the app. A prompt will pop up, asking you to rename your Tesla.

Now, here's an interesting twist. Tesla has hidden a few Easter eggs related to the car's name. As a tribute to Monty Python, name your car Patsy", "Rabbit of Caerbannog", "Mr. Creosote", "Biggus Dickus," or "Unladen Swallow" and watch the magic unfold. Fans of Douglas Adams' science fiction comedy, 'The Hitchhiker's Guide to the Galaxy,' aren't left out either. Tesla has something special waiting for you too!

Around the globe, Tesla owners have been bestowing upon their vehicles names that are as unique as they are. Drawing from pop culture, puns, personal tastes, and even color themes, here are some popular choices, along with a few creative ideas:

Tributes to Greats: Elon or Musk, no explanation needed, Nikola the inventor, not the truck, Edison, Jarvis (Iron Man's AI assistant), Eevee (the Pokmon), Vader (Star Wars fans, unite!).

Sparky, Wattson, Bolt, Ohm Sweet Ohm, Volta.

Snowy for white Teslas, Raven for black ones, Cherry for red, Sapphire for blue, and Quicksilver for silver.

Storm, Blitz, Thunder, Tornado.

KITT (Knight Rider), Batmobile, Herbie, Lightning McQueen (Cars), Black Panther, RoadRunner (Looney Tunes).

Apollo, Galaxy, Starman, Astro, Orion, Supernova, Eclipse.

Leaf, Gaia, EcoBeast, Wind Whisperer, Solar Flare.

AutoPilot Prime, Car-y McCarface, Watt's Up, Broom Zoom, Charged & Ready.

My Precious, Dream Rider, Freedom Machine, Serenity, Joyride.

The possibilities are truly endless. Let your imagination soar, and bestow upon your Tesla a name that mirrors your personality and style. Whether you're a movie buff, a science enthusiast, a lover of humor, or someone who appreciates the finer things in life, there's an ideal name for your Tesla. Let it reflect what you love, and let it speak volumes about who you are as you cruise down the streets in your one-of-a-kind, personally-named Tesla.

By Kevin Armstrong

When picking an individual to represent a brand, charisma, appeal, and the ability to resonate with potential customers are all crucial. Ryan Reynolds, renowned for his quick wit and charming personality, might be the perfect match for Tesla, an innovative company known for pushing boundaries.

The idea arose from a recent stakeholder meeting where Tesla CEO Elon Musk, who interestingly shares Canadian roots with Reynolds, surprisingly hinted at the company's move towards traditional advertising. This shift would significantly depart from Tesla's usual non-traditional marketing approach.

Enter 'Meet Kevin' - who posed the query about advertising to Musk. In a subsequent move, Kevin created and posted an AI-generated video on social media (posted below) featuring Ryan Reynolds as the pitchman for Tesla. The simulation, which seamlessly integrated Reynolds' likeness and voice into a Tesla pitch, drew attention and even a nod from Musk himself, who responded with a succinct: "Nice."

The suggestion of Reynolds fronting a Tesla campaign has sparked intrigue and excitement among fans. It's not just about Reynolds' on-screen charisma or his uncanny ability to connect with an audience, but also his alignment with the Tesla brand. Like Tesla, Reynolds is known for breaking from tradition and bringing a fresh perspective, as seen in his performances and entrepreneurial endeavors. Plus, the shared Canadian lineage between Musk and Reynolds adds an interesting twist to the story.

As we wait to see how Tesla's venture into traditional advertising unfolds, the potential pairing of Reynolds and Tesla certainly captures the imagination. Also, Blake Lively could ride shotgun with the couple's four children in the back of a Model X or Y. It would be a meeting of innovation and charm and a blend of shared roots and forward-thinking, perfectly encapsulating the Tesla ethos.

However, it's crucial to remember that this is currently all speculation. Yet, the possibility of Ryan Reynolds becoming the pitchman for Tesla is an idea that's hard to resist, as it could bring an appealing twist to the electric vehicle giant's public image. As Musk evaluates this new strategy, one can't help but wonder how a partnership with Reynolds could potentially electrify Tesla's brand further.

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Can Tesla's Roadster SpaceX Edition Eclipse Rimac Nevera's ... - Not a Tesla App

Tesla CEO Elon Musk has claimed that the acceptance rate for jobs at his auto manufacturing company Tesla and his space exploration company SpaceX is lower than that of the world's most prestigious universities, such as Harvard.

While speaking on a Twitter space on Tuesday, Musk highlighted that the overwhelming demand for working at his companies has made the competition for positions particularly fierce. According to Musk, around 3.6 million people have applied for roles at Tesla. However, the number of available positions is estimated to be between 20,000 to 30,000, making the acceptance rate startlingly low.

The tech mogul compared this to the acceptance rate of Harvard University, known for its stringent admission criteria, asserting that Tesla and SpaceX are even harder to get into. With Harvard's acceptance rate hovering around 4 per cent, the comparison underscores the intense competition for roles within Musk's innovative enterprises.

"Around 3.6 million people have applied for a job at Tesla. And I mean, we would only add, like, say, 20,000 or 30,000 jobs. So the acceptance rate for Tesla is much lower, he said.

It is much more difficult to get into Tesla or SpaceX than Harvard. The acceptance rate is even lower. The acceptance rate is lower than the most demanding universities in the world. It's insane," said Musk.

Musk's recent decisions at Twitter were also discussed on the space. After acquiring the social media giant, Musk made widespread job cuts, reducing the workforce from 7800 to just 1500.

He explained that the urgency of the situation led to a necessity for swift action, which might have resulted in some employees being let go without comprehensive evaluations of their roles or contributions.

Musk stated, "Sometimes it gets a little late. Desperate times call for desperate measures. So there's no question that some of the people who were let go probably shouldn't have been let go because we simply did not have the time to figure out we had to make widespread cuts to get the run rate under control."

The tech tycoon clarified that the staff reduction was not a reflection on the employees' abilities or performance, but a requirement to quickly decrease both headcount and non-personnel expenses. Despite these measures, Musk disclosed that Twitter is still not breaking even, but they are close.

He added, "This is not to say that, hey, everyone who is let go from Twitter is, like, somehow terrible or something. It's just we have to, with very little information, get the headcount expenses and the non-personnel expenses down to where we're at least break even. And we're not quite at break-even yet, but we're close, and we need to do it fast."

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'Much more difficult to get into SpaceX, Tesla than Harvard,' says Elon Musk - Business Today

SpaceX's next-generation Starship spacecraft atop its powerful Super Heavy rocket self-destructs after its launch from the company's Boca Chica launchpad on a brief uncrewed test flight near Brownsville, Texas, U.S. April 20, 2023 in a still image from video.

Spacex | Reuters

SpaceX launched the largest rocket ever built for the first time on Thursday from its Boca Chica, Texas, spaceport. The Starship spacecraft, designed to fly people on a Mars mission someday, lifted off the launch pad then blew up in mid-flight, with no crew on board.

Now, residents and researchers are scrambling to assess the impact of the explosion on local communities, their health, habitat and wildlife including endangered species. Of primary concern is the large amount of sand- and ash-like particulate matter and heavier debris kicked up by the launch. The particulate emissions spread far beyond the expected debris field.

As a result of the explosion, the Federal Aviation Administration (FAA) grounded the company's Starship Super Heavy launch program pending results of a "mishap investigation," part of standard practice, according to an email from the agency sent to CNBC after the launch. No injuries or public property damage had yet been reported to the agency as of Friday.

SpaceX did not immediately return a request for comment.

SpaceX CEO Elon Musk, speaking publicly on Twitter Spaces on April 16 ahead of the test flight, acknowledged that a vehicle with 33 engines is akin to "a box of grenades," and that the Starship vehicle was not likely to reach orbit but was likely to explode.

However, Musk and SpaceX did not accurately predict that their launchpad would be destroyed, nor that particulate matter would rain down on residents and habitat as far away as Port Isabel, a town about six miles from the launchpad, and South Padre Island, a few miles up the coast from the site.

Images captured during the test flight show that the SpaceX launch pad also exploded, with concrete chunks from it flying in multiple directions leaving behind a giant crater underneath.According to Dave Cortez, the Lone Star chapter director for the Sierra Club, a 501c4 environmental advocacy group, "Concrete shot out into the ocean, and risked hitting the fuel storage tanks which are these silos adjacent to the launch pad."

Jared Margolis, senior attorney with the Center for Biological Diversity, said thatin an environmental assessment which SpaceX completed to obtain a launch license the company told the FAA and other agencies that in the event of an "anomaly" they expected debris would fall within a limited, 700-acre area surrounding the launch site.

That would translate to a one-square-mile debris field, with debris emanating about three-quarters of a mile away from the site, he said, referencing SpaceX environmental site assessment documents that are public record.

In reality, following the test flight and explosion, people in Port Isabel reported broken windows in their businesses, shaking windows at their homes, and dust and particulate matter that coated their homes, schools and land unexpectedly, according to Cortez.

Port Isabel is a mainland town near the SpaceX spaceport, and across from the South Padre Island offshore, which also got a share of particulate matter, according to correspondence between researchers and residents shared with CNBC.

It's not yet known whether the ash- and sand-like particulate matter is dangerous to touch or breathe in and what effect it could have on soil health, Cortez and Margolis both noted.

One industry chronicler who reported locally on the launch, Lavie Ohana, wrote that the launch was also "one of the loudest" she had ever witnessed, "with shockwaves that just felt like getting punched over and over and over."

Margolis said the Center for Biological Diversity is worried about the effects of the noise, particulate and heavier debris on endangered species that make their home in the area, including the piping plover, red knot, jaguarundi, ocelot populations and sea turtles including the Kemp's Ridley, which nests on the beaches of Boca Chica and is one of the most critically endangered sea turtles in the world.

February through June is the nesting season for the Kemp's Ridley.

National Wildlife Refuge lands, which are very near the launch pad, are designated critical habitat for the piping plover, he emphasized.

Cortez added that Sierra Club members have been especially worried about human health impacts and how the aftermath of the explosion may limit people's ability to get outdoors, whether to fish for their dinner, enjoy the beach or take a hike in the many parks and protected wildlife areas close to Starbase.

The impacts of particulate emissions from the SpaceX launch won't be understood until samples are evaluated and the debris field measured comprehensively.

But in general, particulate emissions are regulated under the federal Clean Air Act and Texas state law.

Eric Roesch, an environmental engineer who has been tracking the impact of SpaceX facilities and launches on his blog, ESGHound, said that particulate emissions are associated with pulmonary and respiratory issues, and are considered a high priority pollutant by the EPA. Health impacts depend upon exposure time and quantity, as well as particle size, and contents of the particulate, he added.

Roesch has been warning the public for months that the FAA and SpaceX had not been careful enough in their environmental analysis to comfortably proceed with a launch of this magnitude. He said, "The possibility of a widely dispersed plume of emissions was not disclosed by the FAA or SpaceX, during the initial environmental permitting and approval process."

Margolis and Cortez both noted that roads had been damaged, with gates and cordons closed immediately following the SpaceX Starship test flight. That meant wildlife biologists and other field researchers could not immediately pass through to study the full scale of any damage that occurred in a nearby wildlife refuge area though some were reportedly on location by Saturday April 22.

One concern is that evidence of harm to endangered species could be removed from the site before regulators have an opportunity to assess it, Margolis said.

A newly hatched piping plover chick stands next to one of its parents, Monty or Rose, at Montrose Beach on July 10, 2021.

John J. Kim | Tribune News Service | Getty Images

Elon Musk wrote in a tweet on April 21, 2023, after the test flight: "3 months ago, we started building a massive water-cooled, steel plate to go under the launch mount. Wasn't ready in time & we wrongly thought, based on static fire data, that Fondag would make it through 1 launch. Looks like we can be ready to launch again in 1 to 2 months."

CNBC asked the FAA what it will take for SpaceX to be authorized to conduct another test flight or launch of the Starship Super Heavy vehicle from Boca Chica, Texas.

The agency said in an email that a return to flight for the Starship Super Heavy will require the FAA to decide that "any system, process, or procedure related to the mishap does not affect public safety."

Because they are still gathering information, the FAA and the Texas regional office of the U.S. Fish and Wildlife Service were not able to answer questions yet about any environmental impacts of the Thursday launch.SpaceX did not respond to a request for comment.

However, the FAA told CNBC via e-mail that the explosion activated something called an "anomaly response plan," which is part of a 2022 Programmatic Environmental Assessment completed by the company along with state and federal agencies, and that SpaceX has additional "environmental mitigations" they must complete before launching again. The plan "was triggered by debris entering adjacent properties," the FAA noted.

After completing the list of tasks in the plan and mitigations SpaceX will need to ask the FAA to amend their launch license, to gain clearance for another test flight.

The Center for Biological Diversity attorney, Jared Margolis, believes the FAA requirements will be minimal and easy for the company to fulfill, but not ultimately effective in safeguarding local residents' wellbeing and endangered species.

He explained, "We are not against space exploration or this company. But while we are looking to the stars, we should not readily sacrifice communities, habitat and species."

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SpaceX Starship explosion spread particulate matter for miles - CNBC