WISeKey’s satellite spinoff plans SPAC merger, quantum-secure IoT network
Cybersecurity firm WISeKey is taking its satellite subsidiary public through a SPAC merger valued at $250 million. The deal aims to fund expansion of WISeSat’s quantum-secure satellite IoT network from 14 operational satellites to 100 by 2030. The combined company will list on Nasdaq as WISeSat.Spac