WISeKey to Establish WISeAI, a Joint Venture with German Artificial Intelligence Leader arago, Blending AI, IoT and Cybersecurity into a Trusted European Platform

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www.wisekey.com, Aug. 26, 2020 – 

ZUG, Switzerland & GENEVA & Frankfurt, Germany – August 26, 2020 – WISeKey International Holding ("WISeKey", SIX: WIHN, NASDAQ: WKEY), a leading cybersecurity IoT company has reached a final agreement with arago to incorporate WISeAI AG, a joint venture (JV) in Switzerland.

WISeKey and arago join forces to implement the first ever end-to-end AIoT platform with the codename WISeAI resulting from the groundbreaking combination of their industry leading products: arago's AI based Knowledge Automation and Data platform HIRO and WISeKey's Cybersecurity, European Root of Trust and IoT/semiconductors technologies. AIoT integrates semiconductors, smart sensors, IoT systems, Artificial Intelligence and a data cloud to deliver to customers a unique offering to power innovation and digital transformation. Using WISeKey's cybersecurity technology and IoT network, data will be collected in HIRO where it can be processed and through automation acted upon in real time in a highly secure environment.

AIoT is the brain that will power the nervous system of the network of IoT objects operating in the WISeKey Ecosystem, which currently connects over 1.6 billion IoT devices secured with WISeKey's VaultIC. With the introduction of 5G, the EcoSystem will continue to grow at a much faster rate as 5G will enable the connection of every object, person, and machine. AIoT will embed AI into the core infrastructure components of the EcoSystem including Root of Trust, semiconductors, and edge computing. Specialized APIs are then used to provide interoperability between components at the device, software and platform level to optimize system and network operations. Data processed through AIoT is then collected and made accessible to extract value and enhance market intelligence and knowledge for customers. AIoT also enables secure automation of actions and business decisions based on real time data and enables IoT to work independently with minimal human support, unlike the current state of the market which requires that all actions be coded in advance based on pre-defined scenarios.

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