WISeKey and SEALSQ Partner With DP World for Smart Container Integration - Seite 2

Consortium Partners: 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. They aim to deploy IoT-enabled devices and sensors in containers for real-time, global tracking via the WISeSat Satellite constellation

Technology Integration: The 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.

co-Conscious and Efficient Logistics: The integration of these smart containers aligns with WISeKey and DP World's commitment to sustainability, aiming to optimize routes and reduce carbon emissions. This eco-friendly approach also sets new benchmarks in logistical efficiency, reducing delays, errors, and overall operational costs.

Collaborative Effort and Industry Standards: This 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. As a first client of this initiative up to 20,000 containers from Caspian Container company will be equipped and connected during 2024.

Timeline and Definitive Agreements: 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 precedent and the process for reaching an agreement on the project's structure and management.

WISeKey and DP World along with their consortium partners, industry pioneers, encompassing Bernardino Abad S.L., FOSSA Systems, Avant iot, Integral Group, SEALSQ Corp (Nasdaq: LAES), WISeSAT.Space, Caspian Container Company, and shortly others main actors from the industry e.g. Ports and Insurances, are poised to embark on this transformative project, setting a new course for the logistics and shipping industry.