Investment Summary

WISeKey Invests In Fossa Systems

On March 11, 2021, WISeKey invested in aerospace company Fossa Systems

Investment Highlights
  • This is WISeKey’s 1st transaction in the Aerospace sector.
  • This is WISeKey’s 1st transaction in Spain.

Investment Summary

Date 2021-03-11
Target Fossa Systems
Sector Aerospace
Investor(s) WISeKey
Deal Type Stake Purchase

Target

Fossa Systems

Madrid, Spain
Fossa Systems is an aerospace company developing picosatellites as a vertically integrated service (satellites <1kg) for LEO. The company offers complete in-house solutions, from design to launch and operations. Fossa Systems provides satellite systems, launch services, satellite services and offers consulting for their respective development. It has developed a standardized picosatellite platform (satellite with a mass less than 1 kg) standardized by combining technological miniaturization with mass production techniques. Fossa Systems' goal is to offer a reference platform for institutions or companies looking to launch their payload into space reliably and quickly, while lowering the barrier to entry and expanding the market customer base. Fossa Systems was formed in 2018 and is based in Madrid, Spain.

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Investor(S) 1

Investor

WISeKey

Zug, Switzerland

Category Company
Founded 1999
Sector Information Technology
Employees102
Revenue 31M USD (2023)
DESCRIPTION

WISeKey is a cyber security company that provides Internet of Things (“IoT”) digital identity ecosystems recognized by the operating system and applications, to ensure the authenticity, confidentiality and integrity of online transactions. WISeKey Holding was founded in 1999 and is based in Zug, Switzerland.


DEAL STATS #
Overall 4 of 4
Sector (Aerospace) 1 of 1
Type (Stake Purchase) 2 of 2
Country (Spain) 1 of 1
Year (2021) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-01 Arago

Frankfurt, Germany

Arago provides next-generation automation of enterprise IT development and uses modern technologies such as inference and machine learning in order to automatically operate any business process. Arago was founded in 1995 and is based in Frankfurt, Germany.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-27 Arago

Frankfurt, Germany

Arago provides next-generation automation of enterprise IT development and uses modern technologies such as inference and machine learning in order to automatically operate any business process. Arago was founded in 1995 and is based in Frankfurt, Germany.

Sell -