SEALSQ recently announced that, working in partnership with its parent company, WISeKey, it is scaling its presence in Saudi Arabia to support its digital transformation and cybersecurity advancements. Through their joint venture, WISeKey Arabia, in collaboration with the Juffali Group, SEALSQ and WISeKey aim to introduce technologies tailored to Saudi Arabia’s needs.
In 2019, WISeKey Arabia, in partnership with the Juffali Group, a Saudi business conglomerate, committed to fostering a secure digital ecosystem in alignment with Vision 2030. The collaboration focuses on providing state-of-the-art solutions, including Public Key Infrastructure (PKI), digital identity management, and IoT security, enhanced with SEALSQ’s quantum-resistant cryptographic technologies. This initiative ensures a robust foundation for Saudi businesses and government entities to thrive in an increasingly digital world.
WISeKey and SEALSQ’s plans align with Saudi Arabia’s Vision 2030, which places an emphasis on innovation, digital transformation, and economic diversification. The partnership supports key national initiatives, including the Centre for the Fourth Industrial Revolution (C4IR) Saudi Arabia and the Quantum Economy project.
The plan is for SEALSQ and WISeKey to introduce innovative solutions to Saudi Arabia’s technology landscape which includes advancements in satellite communication and IoT security through the WISeSat.Space ecosystem.
In addition to WISeSat.Space’s deployment, SEALSQ and WISeKey are collaborating with Hedera, leveraging its enterprise-grade distributed ledger for blockchain-based applications. These efforts align with The Hashgraph Association’s five-year partnership with the Saudi Ministry of Investment Association, which includes the launch of the $250M DeepTech Venture Studio. The DeepTech Venture Studio is designed to support startups operating within Saudi Arabia in areas such as blockchain, AI, IoT, robotics, and quantum computing.
“Our commitment to Saudi Arabia extends beyond cybersecurity,” said Carlos Moreira, CEO of SEALSQ. “By introducing groundbreaking technologies like WISeSat and collaborating with key partners such as the Juffali Group, Hedera, and The Hashgraph Association, we aim to empower the Kingdom’s businesses and government with the tools they need to succeed in a rapidly evolving digital landscape.”
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