WISeKey’s Identity Blockchain Technology Secures Commercial and Recreational Drones and Improves Safety

WISeKey’s Identity Blockchain Technology Secures Commercial and Recreational Drones and Improves SafetyFAA lays out its remote ID ‘license plate for drones’ requirementsZUG, Switzerland – December 29, 2020 – WISeKey International Holding (“WISeKey”, SIX: WIHN, NASDAQ: WKEY), a leading cybersecurity IoT company, today announced that its identity blockchain 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.New regulations by the Federal Aviation Administration (FAA) in the U.S., for the first time allow commercial drones used for deliveries and services to fly overpopulated areas.  These rules include strict requirements for tracking these drones to address safety and FAA security concerns.As per these new safety rules, all but the smallest drones will have to broadcast a radio signal with a digital license plate and a flight location.  Additionally, starting in 2022, the FAA’s Remote ID requirement will necessitate every drone sold in the U.S. that weighs more than 0.55 pounds to come with a way to broadcasts its location and identification to local authorities. One way to think of the technology is as a digital license plate for drones.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.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.About WISeKey
WISeKey (NASDAQ: WKEY; SIX Swiss Exchange: WIHN, NASDAQ: WKEY) 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.Press and investor contacts: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 the Swiss Financial Services Act (“FinSA”), the FinSA’s predecessor legislation or advertising within the meaning of the FinSA, or within the meaning of any other securities regulation. 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.