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LAES), WISeSAT.Space, and Caspian Container Company.\n\nThe agreement focuses on equipping containers with advanced WISeSAT IoT sensors, secured by SEALSQ semiconductors, providing real-time data on their location, condition, and other vital parameters. The integration of WISeSAT Smart container platform and technology into the CargoES platform ensures trusted and global, real-time tracking and tracing capabilities via the WISeSat Satellite constellation and terrestrial infrastructures enabling uninterrupted connectivity worldwide.\n\nThis venture is a collaborative effort involving industry pioneers, aiming to create a universally adaptable platform that redefines industry standards. The initiative brings together experts from various sectors, including logistics, cybersecurity, and IoT, to architect and advocate this unified system.\n\nAs a first client of this initiative, up to 20,000 containers from Caspian Container Company will be equipped and connected during 2024. The Parties will undergo a thorough due diligence process, aiming to finalize the definitive agreements within 45 days from the receipt of proposals. The MOU outlines specific conditions and terms, including the timeline for the project’s completion.\n\nThe partnership between WISeKey and DP World marks a significant step towards transforming the logistics industry through innovative technology.”

“WISeKey and SEALSQ Partner With DP World for Smart Container Integration\n\nWISeKey International Holding Ltd. (SIX: WIHN, NASDAQ:WKEY) and DP World, a global leader in international logistics and operations, have signed a landmark Memorandum of Understanding (MOU) on November 19. This collaboration aims to transform the logistics industry through innovative technology by integrating a single window enterprise multi-vendor platform for sea, air, and land.\n\nThe MOU sets the stage for integrating IoT-enabled devices and sensors into smart containers, which will be tracked and traced by the WISeSat constellation and earth communication infrastructures. This initiative will create a seamless, secure platform with hybrid IoT communications, revolutionizing global track and trace capabilities for shipping containers.\n\nKey aspects of the MOU include the integration of IoT technologies, advanced container monitoring, sustainable and efficient logistics, and a collaborative industry effort. The project, named the Smart Container Consortium, includes partners like Bernardino Abad S.L., FOSSA Systems, Avant iot, Integral Group, SEALSQ Corp. (Nasdaq:LAES), WISeSAT.Space, and Caspian Container Company.\n\nThe agreement focuses on equipping containers with advanced WISeSAT IoT sensors, secured by SEALSQ semiconductors, providing real-time data on their location, condition, and other vital parameters. The integration of WISeSAT Smart container platform and technology into the CargoES platform ensures trusted and global, real-time tracking and tracing capabilities via the WISeSat Satellite constellation and terrestrial infrastructures enabling uninterrupted connectivity worldwide.\n\nThis venture is a collaborative effort involving industry pioneers, aiming to create a universally adaptable platform that redefines industry standards. The initiative brings together experts from various sectors, including logistics, cybersecurity, and IoT, to architect and advocate this unified system.\n\nAs a first client of this initiative, up to 20,000 containers from Caspian Container Company will be equipped and connected during 2024. The Parties will undergo a thorough due diligence process, aiming to finalize the definitive agreements within 45 days from the receipt of proposals. The MOU outlines specific conditions and terms, including the timeline for the project’s completion.\n\nThe partnership between WISeKey and DP World marks a significant step towards transforming the logistics industry through innovative technology.”$LAES2023-12-29T07:52:23.852Z

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