WISeQey Corp. filed a Form 6-K on October 27, 2026, disclosing a letter of intent signed October 26, 2026, under which SEALSQ Corp. would purchase satellite capacity associated with twelve satellites from WISeSat.Space AG in a related-party transaction estimated at approximately $15 million.

Key Highlights

  • Letter of Intent dated October 26, 2026: WISeSat.Space AG and SEALSQ Corp. entered into a letter of intent covering the purchase of satellite capacity linked to twelve satellites, along with other satellite operations.
  • Estimated consideration of approximately $15 million: The financial consideration to be paid to WISeSat is estimated at approximately $15 million, subject to payment terms and delivery milestones to be agreed in a definitive agreement.
  • Related-party transaction: According to the filing, SEALSQ and WISeSat are affiliates, each a subsidiary of WISeQey Corp.
  • Shared CEO across all three entities: Carlos Moreira serves as Chief Executive Officer of each of WISeQey, SEALSQ, and WISeSat, creating overlapping interests the filing identifies explicitly.
  • No definitive agreement yet: The filing states that payment terms and delivery milestones remain to be agreed in a definitive agreement between the parties.
  • Forward-looking statements cautionary note: The filing includes the company's own caution that forward-looking statements "may differ materially and adversely" from actual results and should not be relied upon as predictions.

WISeQey Discloses SEALSQ-WISeSat Satellite Capacity Deal and Related-Party Considerations

WISeQey Corp., incorporated in the British Virgin Islands, submitted a Form 6-K to the U.S. Securities and Exchange Commission on October 27, 2026, for the month of October 2026. The filing reports that two of its subsidiaries, SEALSQ Corp. and WISeSat.Space Holdings Corp., each issued press releases on October 26, 2026, regarding a letter of intent entered into on the same date between WISeSat.Space AG, a subsidiary of WISeSat, and SEALSQ, according to the filing.

The letter of intent covers what the filing refers to as the "Satellite Transactions," defined as the purchase by SEALSQ from WISeSat of satellite capacity associated with twelve satellites, together with other satellite operations. The filing states that the financial consideration is estimated at approximately $15 million, but notes this figure is subject to payment terms and delivery milestones to be agreed upon in a future definitive agreement. No definitive agreement has been disclosed in this filing.

The filing explicitly characterizes the Satellite Transactions as a related-party transaction. It states that Carlos Moreira serves as Chief Executive Officer of each of WISeQey, SEALSQ, and WISeSat, and that "because of these relationships, Mr. Moreira and WISeQey may have interests in the Satellite Transactions that differ from, or are in addition to, those of SEALSQ's and WISeSat's other shareholders." The filing attaches three exhibits: press releases from SEALSQ and WISeSat.Space Holdings Corp., each dated October 26, 2026, and the letter of intent itself, dated October 26, 2026, between SEALSQ Corp. and WISeSat.Space AG. The Form 6-K was signed by Carlos Moreira as Chief Executive Officer and John O'Hara as Chief Financial Officer of WISeQey Corp.

What Was Disclosed

WISeQey Corp. disclosed a letter of intent dated October 26, 2026, for a related-party satellite capacity transaction between subsidiaries SEALSQ Corp. and WISeSat.Space AG, with an estimated value of approximately $15 million, subject to a future definitive agreement.