In a strategic move that establishes a new milestone in the global cybersecurity and semiconductor landscape, WISeKey International Holding Ltd. and its subsidiary SEALSQ Corp , leaders in cybersecurity, artificial intelligence (AI), blockchain, semiconductors, PKI, and post-quantum technology, announced the signing of an agreement with ODIN Solutions (“ OdinS”) and TProtege, leading companies in Internet of Things (IoT) and security, to create a joint venture, QUANTIX EDGE SECURITY , in the Region of Murcia.
Quantix EdgeS is a collaborative effort, with joint venture partners, OdinS and TProtege holding a 50% stake, and the remaining 50% being held between WISeKey and SEALSQ. The joint venture is currently in an advanced stage of negotiations with the Spanish Government to obtain funding from under Spain’s Strategic Project for the Economic Recovery and Transformation of Microelectronics and Semiconductors (PERTE Chip). This powerful consortium aims to foster the development of a globally recognized semiconductor center known for its advancements in cybersecurity.
The Quantix EdgeS joint venture between WISeKey, SEALSQ, OdinS, and TProtege will be at the forefront of enhancing Spain’s cybersecurity and semiconductor capabilities. Quantix EdgeS, the result of this collaboration, aligns with the Spanish strategy, emphasizing the importance of cybersecurity, semiconductors, and digital transformation in building a diversified and sustainable economy, where Artificial Intelligence and secure network systems will be central elements. The proposal to turn Spain into a global center for cybersecurity and semiconductor technology manufacturing, especially through the enhancement of cybersecurity, semiconductor, and space industries, marks a significant shift in the country’s economic diversification efforts and places the Region of Murcia at the most advanced technological level.
Quantix EdgeS is fully aligned with the EU strategy to revive its semiconductor ecosystem, initiated in February 2022 with the ‘Chip Act’. Member states have launched national initiatives that will allow Europe to mobilize €43 billion in the coming years. One of the most ambitious is Spain’s PERTE Chip, driven by the Spanish Government through the Secretary of State for Telecommunications and Digital Infrastructures.
The PERTE Chip aims to strengthen the design and production capabilities of the national microelectronics and semiconductor industry. It is expected to mobilize public investment of €12.25 billion until 2027 to turn Spain into a global chip hub, its comprehensive approach will strengthen and develop the links of a complex value chain in Spain. It is the largest PERTE among the dozen approved by the government as part of the Recovery, Transformation, and Resilience Plan (PRTR), generating an unusual focus of attention on a technological program.
Quantix EdgeS aims to quickly establish itself as a key player in the sector, focusing on critical sectors for Spain’s future growth. These include smart cities, IT infrastructures, smart embedded systems, and their impact on 5G/6G networks and the rest of the industrial sector, smart agriculture, transportation, commerce, banking, the automotive industry, consumer products, and the health sector. The joint venture is essential for driving the country towards achieving its ambitious goals because it leverages WISeKey‘s global expertise in cybersecurity and digital technologies along with the deep market knowledge of SEALSQ in the development and sale of semiconductor hardware and software products, PKI (Public Key Infrastructure), and post-quantum technology, OdinS’s capacity for innovation in the areas of IoT, smart cities, precision agriculture, and AI applied to critical infrastructures and system security, and the strong regional presence through collaboration with TProtege.
The operational success of Quantix EdgeS demonstrates the commitment to providing cutting-edge cybersecurity solutions, secure communication, and IoT infrastructure betting on Post-Quantum technologies and their inclusion in microchips and devices. This company not only supports the digital transformation of Spain but also enhances its competitive advantage by attracting investments and fostering innovation within the digital economy. The short-term goal of Quantix EdgeS is to develop a Cybersecurity and Semiconductor Customization Center through Public-Private Partnerships (PPP) in Murcia through the possibilities offered by PERTE Chip. This pioneering initiative aims to mitigate the global dependency on semiconductor manufacturing and strengthen microchip implementation capabilities.
Quantix EdgeS also represents a commitment to creating a hub of technological innovation in cybersecurity and IoT devices, smart devices, and their application in new scenarios of 5G/6G networks, the development of RISC-V based solutions, the development of certification systems for the security of smart devices, as well as the attraction of high-value-added talent.
SOURCE: GlobeNewswire