WISeKey International Holding AG and Columbus Acquisition Corp. Execute Definitive Business Combination Agreement to Publicly List WISeKeys Subsidiary WISeSat.Space Corp. Under The Name WISeSat.Space Holdings
Summary
WISeKey and Columbus Acquisition Corp. have signed a definitive business combination agreement to take WISeKey’s WISeSat subsidiary public on Nasdaq under the name WISeSat.Space Holdings Corp. The deal values WISeKey’s equity stake in the new company at $250 million and is expected to close in the first half of 2026. WISeSat focuses on secure satellite-based IoT connectivity, using post-quantum cryptography and encryption technology for industries such as logistics, agriculture, energy, and defense. The announcement also says WISeSat plans to expand its satellite constellation from 14 operating satellites toward a target of 100 by 2030. The transaction has board approval and still needs Columbus shareholder approval and other customary closing conditions.
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