Press release from the issuing company
Geneva, Madrid Cadiz – WISeKey, a leading global cybersecurity company, is proud to announce the signing of a Strategic Parnership Agreement with WISeSAT, FOSSA Systems, and BA Lab the technology division of Bernardino Abad SL to form a strategic partnership aimed at delivering a groundbreaking track & trace solution for the logistics industry. This collaborative effort will revolutionize the way smart containers are monitored, ensuring trust and security throughout the supply chain.
The logistics industry is facing an increasing demand for transparency, efficiency, and security in the management of goods and transportation. To address these challenges, WISeKey, WISeSAT, FOSSA Systems and BA Lab have come together to provide a comprehensive, disruptive, trusted, and secure satellite track & trace value proposition for smart containers.
Key highlights of the partnership include:
WISeKey's Cybersecurity Expertise: WISeKey brings its extensive experience in cybersecurity to the partnership, ensuring the highest levels of data protection and secure communication between devices in the logistics ecosystem.
WISeSAT's Satellite Connectivity: WISeSAT's satellite communication technology will enable seamless and global tracking of smart containers, even in remote or challenging environments, ensuring constant connectivity and data integrity amongst Satellites, nodes and Smart Containers, all feature hardware security by design, incorporating a VaultIC408 secure element, providing FIPS 140-2 level 3 and Common Criteria EAL 5+ Certification. The secure element, provisioned with a trusted identity using WISeKey’s VaultITrust to secure provisioning services, enables authentication of the sensor and data encryption, under the framework of a PKI-based security architecture. Additionally, WISeKey’s Certificate and device Management services (INeS), can provide the user interface and automation features to handle onboarding, commissioning and lifecycle management of the devices and sensors. This complete, device-to-cloud, state-of-the-art suite of services in IoT security architecture protected by our WISeID user management and multifactor authentication, all of this can only be currently found at WISeSAT as a standalone one-piece vertical solution.
FOSSA Systems manufacture and operate constellations of WISeSAT Pico Satellites enabling low-power monitoring from those Smart Container (IoT, using multiple protocols of communications including Long-Range radio (LoRa), a low-power wide area network protocol used by most internet of things (IoT) devices, to provide basic connectivity for monitoring and tracking purposes outside of terrestrial networks.
BA Lab team's have a solid foundation in innovation, electronics, with already proven design and engineer IoT devices that are robust, reliable, and tailored to the unique demands of the logistics sector. Their deep knowledge designing smart IoT devices positions them at the forefront of innovation in logistics technology specially combining them with the right state of the art technology and satellite communication.
The synergy between these four companies will create a holistic solution that addresses the logistics industry's most pressing needs:
Trust: By utilizing WISeKey's cybersecurity expertise, the partnership ensures the trustworthiness of data and transactions throughout the supply chain.
Security: Robust security measures will safeguard sensitive information and protect against cyber threats, ensuring the integrity of the track & trace system.
Efficiency: Assuring the monitoring and data analytics will optimize logistics operations, reducing costs and improving overall efficiency.
Transparency: Stakeholders will have access to accurate and trusted information about the location and condition of goods, enhancing transparency and accountability.
Sustainability: The solution will contribute to sustainability efforts by enabling efficient route planning and resource utilization.
In a joint statement, the CEOs of WISeKey, WISeSAT, FOSSA Systems, and BA Lab expressed their excitement about the partnership's potential to transform the logistics industry. They emphasized their commitment to providing a comprehensive, disruptive, trusted, and secure track & trace solution that will set a new standard for the industry.
This strategic partnership represents a significant step forward in addressing the evolving challenges of the logistics sector. WISeKey, WISeSAT, FOSSA Systems, and BA Lab are already collaborating closely to bring this innovative track & trace solution to market as already a couple of large Smart Containers projects for Europe and Asia will be publicly announced very shortly.
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