SEALSQ p(LAES)
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SEALSQ Expands Quantum Fund to $200 Million and Accelerates Deployment of Sovereign Quantum Infrastructure
Globenewswire· 2026-03-25 13:25
Geneva, Switzerland , March 25, 2026 (GLOBE NEWSWIRE) -- With over $530 million in cash and no debt, SEALSQ is uniquely positioned to accelerate its investment strategy and capitalize on emerging opportunities in the quantum technology sector. SEALSQ today announced the expansion of its Quantum Fund, SEALQUANTUM.COM, to $200 million, reinforcing its long-term commitment to building a secure and sovereign quantum technology ecosystem. To date, the Fund has already deployed over $30 million, with a target to ...
SEALSQ Signs Letter of Intent to Acquire 100% of Miraex, a Swiss Quantum Interconnect Platform Company
Globenewswire· 2026-03-24 13:20
Geneva, Switzerland, March 24, 2026 (GLOBE NEWSWIRE) -- Strategic Acquisition via the SEALSQ Quantum Fund Strengthens its Quantum Vertical Stack SEALSQ Corp (NASDAQ: LAES) (“SEALSQ” or the “Company”), a subsidiary of WISeKey International Holding Ltd (NASDAQ: WKEY; SIX: WIHN) and a leader in post-quantum semiconductor and cybersecurity solutions, today announced that it has signed a Letter of Intent (“LOI”) to acquire 100% of the equity interest of Miraex SA (“Miraex”), a developer of photonics-based quant ...
SEALSQ Deploys Post-Quantum Cryptography to Secure Blockchain and Digital Transaction Infrastructures Through the Deployment of Post-Quantum Cryptographic (PQC) Technologies
Globenewswire· 2026-03-20 13:26
Core Viewpoint - SEALSQ Corp is enhancing blockchain and digital transaction infrastructures by deploying post-quantum cryptographic technologies to prepare for the future threats posed by quantum computing [1][11]. Group 1: Quantum Computing Threat and Response - The industry is concerned about the number of qubits required to break Bitcoin, with estimates ranging from thousands to potentially billions due to real-world constraints like quantum error correction [2]. - SEALSQ is proactively implementing a crypto-agile, quantum-resilient security architecture to protect blockchain ecosystems before large-scale quantum computers become operational [3][11]. - The company integrates NIST-selected post-quantum cryptography algorithms, such as CRYSTALS-Kyber and CRYSTALS-Dilithium, into its security solutions [3]. Group 2: Security Features and Technologies - SEALSQ's secure elements and TPM-class chips embed post-quantum algorithms, enabling secure key generation and tamper-resistant key storage [4]. - The integration of post-quantum digital signatures into blockchain transactions ensures long-term non-repudiation and resistance against quantum-enabled forgery [5]. - SEALSQ collaborates with WeCan to secure financial-grade blockchain transactions, utilizing secure multiparty computation and zero-knowledge proof frameworks [6]. Group 3: Applications and Infrastructure - SEALCOIN.AI, a subsidiary of SEALSQ, focuses on decentralized physical internet and extends security architecture into machine-to-machine transaction infrastructures [7]. - The SEALCOIN network allows devices to securely exchange data and settle transactions using QAIT tokens across decentralized networks [8]. - WISeID.com provides decentralized identity frameworks secured with post-quantum cryptography, enhancing user and device authentication [9]. Group 4: Future Outlook and Strategy - SEALSQ aims to integrate security at every layer of the technology stack, ensuring trust in digital systems is preserved and strengthened in the quantum era [11]. - The company is pioneering the development of post-quantum semiconductors to protect sensitive data across various applications, including healthcare and automotive [13].
SEALSQ To Announce Full Year 2025 Audited Financial Results on March 31
Globenewswire· 2026-03-18 20:45
Core Viewpoint - SEALSQ Corp is set to release its audited financial results for FY 2025 on March 31, 2026, and will host a conference call on April 1, 2026, to discuss these results [2][3]. Financial Performance - FY 2025 revenue reached $18 million, marking a 66% year-over-year increase, with $8 million generated in Q4 2025 compared to $4 million in Q4 2024 [9]. - The company anticipates FY 2026 revenue growth between 50% to 100% year-over-year [9]. - FY 2025 net loss is projected to be between $30 million and $40 million, an increase from the FY 2024 net loss of $21 million [9]. - As of December 31, 2025, SEALSQ reported $425 million in cash, indicating a strong liquidity position within its sector, despite deploying $30 million during the year [9]. - The company has over $200 million in active business pipeline as of December 31, 2025, representing potential revenue opportunities from 2026 through 2028 [9]. Company Overview - SEALSQ is a leading innovator in Post-Quantum Technology, focusing on hardware and software solutions that integrate Semiconductors, PKI, and Provisioning Services [4]. - The company emphasizes the development of Quantum Resistant Cryptography and Semiconductors to address security challenges posed by advancing quantum computing [4]. - SEALSQ is pioneering Post-Quantum Semiconductors designed to protect sensitive data across various applications, including Multi-Factor Authentication, Smart Energy, Medical Systems, Defense, IT Infrastructure, Automotive, and Industrial Automation [5].
WISeKey's Subsidiaries, SEALSQ and WISeSat, Announce their Commercial Quantum Spatial Orbital Cloud (QSOC)
Globenewswire· 2026-03-18 14:30
WISeKey’s Subsidiaries, SEALSQ and WISeSat, Announce their Commercial Quantum Spatial Orbital Cloud (QSOC) A 100-satellite constellation aims at delivering unhackable communications, certified quantum randomness, and post-quantum security as a managed cloud service to banks, governments, defence agencies, and enterprises, from orbit. Geneva, Switzerland, March 18, 2026 – WISeKey International Holding Ltd (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity, blockchain, and IoT company, toda ...
WISeKey’s Subsidiaries, SEALSQ and WISeSat, Announce their Commercial Quantum Spatial Orbital Cloud (QSOC)
Globenewswire· 2026-03-18 14:30
Core Viewpoint - WISeKey and its subsidiaries, SEALSQ and WISeSat, are launching the world's first commercial Quantum Spatial Orbital Cloud (QSOC) to provide unhackable communications and post-quantum security services to various sectors including banks and governments [1][2][3] Group 1: Project Overview - The QSOC will consist of a 100-satellite constellation aimed at delivering quantum key distribution (QKD), quantum random number generation (QRNG), and post-quantum identity services as a subscription service [3] - The satellite deployment is planned to occur incrementally from 2024, achieving Full Operational Capability (FOC) by 2033, with a service-level agreement guaranteeing 99.9% uptime [3][9] - This initiative is considered the first commitment to a quantum security service of its kind [3] Group 2: Roles and Responsibilities - WISeSat will serve as the owner and operator of the QSOC space segment, responsible for satellite design, manufacturing, launching, and mission control [5] - SEALSQ will operate the QSOC as a managed cloud platform, deploying its quantum technology stack and managing customer relationships [6] - The partnership structure allows SEALSQ to scale cloud revenues without the capital costs associated with satellite ownership, while WISeSat focuses on infrastructure [6][7] Group 3: Commercial Framework - The economic model separates infrastructure provision from cloud services, with WISeSat providing the physical security and capacity, and SEALSQ offering cloud services and customer engagement [7][8] - The long-term agreement between WISeSat and SEALSQ is designed to align incentives for both parties, rewarding reliable infrastructure delivery and service adoption [8] Group 4: Global Context and Significance - The scientific basis for the QSOC is supported by previous successful quantum communication projects, such as China's Micius satellite and the EU's EuroQCI initiative [9][10] - SEALSQ and WISeSat aim to fill the gap in commercially operated quantum cloud platforms, backed by service-level agreements [10] - The collaboration is positioned as a critical step in building the infrastructure for the quantum internet [11]
SEALSQ and WISeSat Announce their Commercial Quantum Spatial Orbital Cloud (QSOC)
Globenewswire· 2026-03-18 14:00
Geneva, Switzerland, March 18, 2026 (GLOBE NEWSWIRE) -- A 100-satellite constellation aims at delivering unhackable communications, certified quantum randomness, and post-quantum security as a managed cloud service to banks, governments, defence agencies, and enterprises, from orbit. SEALSQ Corp (NASDAQ: LAES) ("SEALSQ" or "Company"), a company that focuses on developing and selling Semiconductors, PKI, and Post-Quantum technology hardware and software products, today announced a strategic partnership with ...
SEALSQ Announces $125.0 Million Registered Direct Offering Priced At-The-Market Under Nasdaq Rules
Globenewswire· 2026-03-16 12:30
Core Viewpoint - SEALSQ Corp has announced a securities purchase agreement to raise approximately $125 million through the sale of ordinary shares and accompanying warrants, aimed at enhancing its cash position and accelerating its Post-Quantum technology commercialization efforts [3][4]. Group 1: Offering Details - The offering will consist of 30,413,630 ordinary shares priced at $4.11 per share, along with warrants to purchase up to 60,827,260 additional shares at an exercise price of $5.50 [2][3]. - The offering is expected to close on or about March 17, 2026, subject to customary closing conditions [4]. Group 2: Use of Proceeds - The net proceeds from the offering will be utilized to strengthen the company's cash position and expedite the commercialization of Post-Quantum and Quantum technologies in the U.S. and Europe [4]. Group 3: Company Overview - SEALSQ Corp specializes in developing and selling semiconductor, PKI, and Post-Quantum technology hardware and software products, focusing on Quantum Resistant Cryptography to address security challenges posed by quantum computing [7][8]. - The company is pioneering Post-Quantum Semiconductors designed to protect sensitive data across various applications, including healthcare, defense, and industrial automation [8].
SEALSQ and Parrot Expand Their Strategic Partnership: Parrot to Integrate SEALSQ Post-Quantum Cryptography into Its Next Generation of Secure Drones
Globenewswire· 2026-03-13 12:00
Core Insights - SEALSQ Corp and Parrot SA are expanding their strategic collaboration to integrate Post-Quantum Cryptography (PQC) technologies into Parrot's next generation of professional drones [1][6] Group 1: Partnership and Technology Integration - SEALSQ has been a trusted security partner for Parrot, embedding secure semiconductor technology in Parrot's flagship drone platforms, including the ANAFI UKR and CHUCK 3.0 [2][5] - The collaboration aims to enhance cybersecurity across Parrot's professional drone lineup, ensuring compliance with NIST "FIPS" standards and Common Criteria EAL5+ certifications [2][4] Group 2: Market Context and Growth Potential - The global commercial drone market is projected to grow from approximately $4 billion to over $40 billion, driven by increased adoption in public safety, defense, and industrial monitoring [7] - Professional drone operators are increasingly demanding secure long-distance operations and resilient communication systems to protect mission-critical data [7] Group 3: Regulatory Landscape and Compliance - The integration of PQC into drone platforms is essential for protecting sensitive operational data against emerging threats, including "harvest now, decrypt later" attacks [8] - The U.S. National Security Agency's CNSA 2.0 mandates the adoption of quantum-resistant algorithms for systems handling national security information, with compliance timelines already in effect [8][10] Group 4: Company Statements and Future Directions - SEALSQ's CEO emphasized the necessity of being quantum-ready for platforms serving government and defense customers, highlighting the importance of embedding quantum-resistant security at the semiconductor level [9] - Parrot's CEO noted that expanding collaboration into the post-quantum domain allows the company to meet regulatory requirements and maintain trust with demanding customers [10]
SEALSQ Highlights Urgency of Post-Quantum Security at Cantor Quantum Security Event in New York
Globenewswire· 2026-03-12 12:30
Core Viewpoint - SEALSQ Corp emphasizes the urgent need for organizations to transition to post-quantum cryptography (PQC) to protect sensitive data and critical infrastructure against emerging quantum computing threats [3][4][5]. Group 1: Quantum Security Approaches - The company outlines three main approaches to quantum-safe security: 1. **Post-Quantum Cryptography (PQC)**: This is the primary migration path, replacing vulnerable public-key algorithms with new classical algorithms resistant to quantum attacks. NIST finalized the first PQC standards in August 2024, urging immediate transition [5]. 2. **Secure Key Agreement (SKA)**: This serves as a complementary layer for generating symmetric keys dynamically, particularly useful for enterprise VPNs and point-to-point communications, but should not replace full PQC migration [6]. 3. **Quantum Key Distribution (QKD)**: Provides additional protection in specialized environments but is not a general-purpose solution due to operational constraints [7]. Group 2: Quantum Threat Timeline - The risk of quantum computers breaking widely used encryption systems like RSA is approaching rapidly, with experts suggesting a plausible timeline of 10 to 15 years for such capabilities. The "harvest now, decrypt later" threat is particularly concerning for data with long confidentiality lifetimes [8]. Group 3: Priority Sectors for Migration - The company identifies priority sectors for migration to quantum-safe security, including government and defense systems, critical infrastructure, financial institutions, healthcare platforms, and large industrial and telecom providers. Protecting these sectors early can significantly reduce global cyber risk [9][14]. Group 4: Crypto-Agility and Hardware Security - Successful migration to post-quantum security requires a comprehensive inventory of cryptography usage across the entire infrastructure, emphasizing the need for crypto-agility, visibility, and planning [10]. - Strong hardware-based security foundations are essential, as quantum-safe algorithms alone cannot address weak identity systems or poor key management [10]. Group 5: SEALSQ's Role - SEALSQ is a leading innovator in post-quantum technology, developing semiconductors and cryptographic solutions designed to address security challenges posed by quantum computing. Their products aim to safeguard critical systems across various industries, including healthcare, defense, and industrial automation [11][12].