Global tech company WISeKey International Holding Ltd announced today the signatures of two Memoranda of Understanding (MoUs) with Mr. Fabian Picardo, Chief Minister of Gibraltar and the Mayor of La Línea de la Concepción, Mr. Juan Franco, for the development of a joint 4th Industrial Revolution Center of Excellence (LLG 4IR Center of Excellence) spearheading innovation in the region.
The LLG 4IR Center of Excellence will initialize operations with the launch of WISeSAT Fossa Systems satellites at the end of the 2021 calendar year with an earth station located in La Linea. The objective of this pilot project is to enable the joint center to become a hub for IoT cybersecurity satellite deployment and communication under plans being advanced by WISeKey and Fossa Systems.
“The LLG 4IR Center of Excellence will play a pivotal role in uplifting the technical skills of the regional workforce and bringing advanced technology capabilities to realize the digital transformation of the region. The LLG 4IR Center of Excellence will also benefit from WISeKey’s operational performance to enable greater efficiencies and significant cost savings and help further strengthen their global leadership in 4iE technologies,” said Mr. Juan Franco, Mayor of La Línea in a written statement.
Image credit: WISeKey