WISeKey Selected by Global Manufacturer to Secure Drone Flights

WISeKey Selected by Global Manufacturer to Secure Drone Flights The rapid expansion of commercial drone market raises serious security concerns that force governments to rule the usage of Unmanned Aircraft Vehicles (UAVs)WISeKeya??s digital security helps drone makers comply with safety regulationsGeneva, Switzerland a?? April 2, 2020: WISeKey International Holding Ltd. (a??WISeKeya??) (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity and IoT company, announced today that it has been selected by a major drone manufacturer to bring its decades of expertise in digital security into the Companya??s newly designed drones. This agreement is a significant achievement for WISeKey and further illustrates how its security can help global corporations fulfil the latest international regulations about cybersecurity. From drone inflight control systems down to infrastructure, from WISeKeya??s VaultIC407 through the Companya??s Public Key Infrastructure (PKI) and blockchain technologies, solutions exist to guarantee the safety of drone flights.In January 2020, Technavio released its a??Global Commercial Drones Market 2020-2024a?? report showing that this market is poised to grow by USD20.39bn during 2020-2024, progressing at a CAGR of 36% during this period. For years, the drone market was in a nascent phase mostly limited to leisure applications. The situation changed in 2016, when various branches of industry realized how UAVs could bring efficiency. Applications are now mature: last mile delivery of packages, optimization of fertilizer or insecticide spreading, public safety and inspection of pipelines or buildings are no longer science fiction.
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