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WISeKey and SEALSQ Confirm New Cross-Border Center of Excellence for the 4th Industrial Revolution Activated Between La Line and Gibraltar
GlobeNewswire News Room· 2025-07-21 05:00
Core Viewpoint - WISeKey and SEALSQ have activated a Cross-Border Center of Excellence for the 4th Industrial Revolution, enhancing collaboration between La Línea (Spain) and Gibraltar (UK) following a historic agreement on Gibraltar's post-Brexit border status [3][5]. Group 1: Center of Excellence - The Center will serve as a technological and industrial hub, focusing on advanced technologies such as AI, Quantum Computing, IoT, Cybersecurity, and Semiconductors, aiming to position the region as a global innovation epicenter [4]. - The initiative has received unanimous support from the Gibraltar government and the Mayor of La Línea, highlighting its mutual benefits for both jurisdictions [6]. Group 2: Manufacturing and Technology Development - The first milestone includes a secure manufacturing facility in La Línea for post-quantum communication devices, which will support a secure communications infrastructure [7]. - SEALSQ has allocated a budget for developing its first post-quantum communication device manufacturing plant, emphasizing its commitment to next-generation technologies [9]. Group 3: Smart Container Technology - A memorandum of understanding has been signed with the regional port authority to implement Smart Container Technology, enabling real-time, secure logistics tracking through satellite connections [11]. Group 4: Quantum Corridor - The Center is part of the expanding Post-Quantum Corridor, connecting key technology hubs and integrating universities to foster collaboration and talent development in quantum and AI technologies [12]. Group 5: Funding and Economic Development - The project will leverage public grants and private sector investments to ensure a balanced funding model that promotes economic development and technological leadership [14]. Group 6: Strategic Vision - The Center is envisioned as a launchpad for collaborative research, startup incubation, and workforce training, aligning with the long-term strategies of the EU, UK, and private-sector stakeholders [15].
WISeKey and SEALSQ Confirm New Cross-Border Center of Excellence for the 4th Industrial Revolution Activated Between La Line and Gibraltar
Globenewswire· 2025-07-21 05:00
Core Viewpoint - WISeKey and SEALSQ have activated a Cross-Border Center of Excellence for the 4th Industrial Revolution, enhancing collaboration between La Línea (Spain) and Gibraltar (UK) following a historic agreement on Gibraltar's post-Brexit border status [3][5]. Group 1: Center Overview - The Center is strategically located near Gibraltar Airport and aims to serve as a technological and industrial hub for advanced technologies such as AI, Quantum Computing, IoT, Cybersecurity, and Semiconductors, positioning the region as a global innovation epicenter [4]. - The initiative is supported by the Gibraltar government and the Mayor of La Línea, recognized as mutually beneficial for both Gibraltar and Spanish businesses [6]. Group 2: Initial Developments - The first milestone under the LLG4IR.com framework is a secure manufacturing facility in La Línea for post-quantum communication devices, which will support a secure communications infrastructure [7]. - This facility will also host initial operations for WISeSat.Space, WISeKey's secure space communication platform, establishing La Línea as a hub for aerospace and telecommunications manufacturing [8]. Group 3: Technological Integration - SEALSQ has allocated a budget for developing its first post-quantum communication device manufacturing plant, emphasizing its commitment to next-generation technologies [9]. - The plant will produce devices that connect with WISeSat.Space's satellite constellation, crucial for sectors like defense, logistics, healthcare, and energy [10]. Group 4: Smart Container Technology - A memorandum of understanding has been signed with the regional port authority to implement Smart Container Technology, enabling real-time, secure logistics tracking through satellite connections [11]. Group 5: Quantum Corridor - The Center is part of the expanding Post-Quantum Corridor, a European network aimed at establishing secure, quantum-resilient infrastructure, integrating key technology hubs and universities for collaboration [12]. Group 6: Strategic Planning - SEALSQ plans to engage an international consulting firm to develop a comprehensive business and technology integration plan for the Center, aligning with existing studies in Gibraltar [13]. Group 7: Funding and Support - The project will leverage public grants and private sector investments to ensure a balanced funding model that promotes economic development and technological leadership [14]. Group 8: Vision for Innovation - The Center is envisioned as a launchpad for collaborative research, startup incubation, and workforce training, aligned with the long-term strategies of the EU, UK, and private-sector stakeholders [15]. Group 9: Future Announcements - Further announcements regarding the Center's commissioning, founding partners, and investment roadmap are expected in the coming weeks [16].
SEALSQ and WISeKey Confirm New Cross-Border Center of Excellence for the 4th Industrial Revolution Activated Between La Line and Gibraltar
Globenewswire· 2025-07-21 05:00
Geneva, Switzerland, July 21, 2025 (GLOBE NEWSWIRE) -- 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, and its parent company WISeKey International Holding Ltd (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), today announced that a transformative initiative launched several years ago to establish LLG4IRir.com a Cross-Border Deeptech Center of Excellence (the “Center”) for the 4th Indu ...
SEALSQ Completes Its Validation of QS7001 Quantum Resistant Hardware Platform Cryptographic Toolbox
Globenewswire· 2025-07-17 14:45
Core Insights - SEALSQ Corp has successfully completed the cryptographic toolbox validation stage for its QS7001 post-quantum hardware platform, which is expected to be available in Q4 2025 for early customers [1][2] - The QS7001 platform implements NIST-standardized post-quantum cryptographic algorithms, including Kyber and Dilithium, and is designed for low-latency, high-throughput encryption [2][6] - The company is also developing the QVault TPM, which integrates a TPM 2.0 stack on the QS7001 platform, targeting the PC, laptop, and IoT devices market, with a planned launch in H1 2026 [7] Product Features and Benefits - The QS7001 is a RISC-V-based secure hardware platform that provides quantum-resistant security and is optimized for energy-efficient operation in IoT and edge devices [3][6] - Key features include tamper-resistant security, scalable integration for various applications, and regulatory compliance with the EU Cyber Resilience Act [6][7] - The platform aims to protect sensitive data across multiple sectors, including automotive, healthcare, and critical infrastructure, ensuring long-term data integrity against quantum attacks [6][9] Market Position and Strategy - SEALSQ positions itself as a leader in post-quantum technology, focusing on developing state-of-the-art quantum-resistant cryptography and semiconductors to address security challenges posed by quantum computing [8][9] - The company emphasizes the importance of its products in safeguarding critical systems and enhancing resilience across diverse industries, thereby maintaining a competitive edge in the market [9]
SEALSQ Announces Pricing of $60.0 Million Registered Direct Offering
Globenewswire· 2025-07-14 13:00
Core Viewpoint - SEALSQ Corp has announced a securities purchase agreement to raise approximately $60 million through the sale of ordinary shares and warrants, aimed at advancing its Post-Quantum and Quantum technology initiatives [2][3][4]. Group 1: Offering Details - The offering will consist of 15,000,000 ordinary shares priced at $4.00 each, along with warrants to purchase an additional 30,000,000 shares at an exercise price of $4.60 [2]. - The offering represents a premium of about 10% over SEALSQ's closing stock price on July 11, 2025 [2]. - The expected gross proceeds from the offering are approximately $60 million before deducting commissions and expenses [2][4]. Group 2: Use of Proceeds - The net proceeds from the offering will be utilized to advance SEALSQ's Post-Quantum and Quantum roadmap, support strategic acquisitions, and for general corporate purposes [3][4]. - SEALSQ anticipates a pro-forma cash position of approximately $170 million post-offering, which will provide a solid foundation for future growth [3]. Group 3: Company Overview - SEALSQ is focused on developing and selling semiconductors, PKI, and Post-Quantum technology hardware and software products [2][7]. - The company is pioneering Post-Quantum Semiconductors designed to protect sensitive data across various applications, including healthcare, defense, and automotive sectors [8][9]. - SEALSQ aims to address security challenges posed by quantum computing through its advanced cryptographic solutions [7][9].
SEALSQ Commences Global Deployment of its GSMA-Accredited eUICC with Telcos, Integrating A Pioneering Post-Quantum Ready Cryptographic Security Technology
Globenewswire· 2025-07-08 13:15
Core Viewpoint - SEALSQ Corp has initiated the deployment of its GSMA-accredited eUICC technology, integrating Post-Quantum cryptographic security to enhance mobile and IoT communications against current and future cyber threats [1][2][3]. Group 1: Technology and Innovation - The eUICC technology enables mobile phones, IoT devices, and connected infrastructure to benefit from advanced security measures that protect against quantum computing threats [2][6]. - SEALSQ's solution includes a GSMA Root CI-accredited Root Certificate Authority based in Switzerland, ensuring digital sovereignty and maximum trust within the global mobile ecosystem [3]. - The technology supports secure identification and authentication of eSIMs and Subscription Management entities, facilitating a transition from physical SIM cards to dynamic, remotely provisioned profiles [3][4]. Group 2: Applications and Market Impact - In smart city applications, SEALSQ's eUICC ensures data integrity and resilience, allowing municipalities to deploy IoT solutions confidently [4]. - The technology provides secure connectivity for industrial IoT applications across various sectors, safeguarding critical data [4][9]. - SEALSQ has invested in WISeSat.Space, enabling Telcos to access a satellite constellation for secure IoT connectivity, extending services from Earth to space [5]. Group 3: Future-Proofing and Security - The Post-Quantum-ready eUICC technology offers robust encryption, protecting mobile communications and financial transactions from quantum threats [6][8]. - This deployment represents a significant opportunity for Telcos and enterprises to enhance security and enable new business models in the context of AI and quantum computing [7]. - SEALSQ is focused on developing Post-Quantum Semiconductors that provide protection for sensitive data across various applications, ensuring organizations remain secure against quantum threats [9].
SEALSQ Increased Its Quantum Investment Fund to Over $35 Million and Provides Update on Strategic Quantum Technology Convergence
Globenewswire· 2025-07-07 13:00
Core Insights - SEALSQ Corp has increased its Quantum Investment Fund from $20 million to over $35 million to enhance the integration of Quantum and Post-Quantum cybersecurity solutions [1] - The company aims to build a fully Quantum-Resilient cybersecurity technology stack that spans from edge to cloud and into space [2] Investment Strategy - The Quantum fund is strategically deployed to create a cohesive platform that integrates various technologies including Quantum-Resistant Cryptography, custom-designed Quantum-Ready Semiconductors, and secure satellite communication [2][3] - SEALSQ has made significant investments in various projects, including a $12 million investment in a Post-Quantum Semiconductor Center in Spain, a $3.5 million stake in WeCan Group for digital identity solutions, and a $14.7 million acquisition of IC'Alps for custom silicon development [3] Importance of Convergence - The convergence of Quantum technologies is essential for cybersecurity, as Quantum computers pose a threat to traditional encryption methods [3] - SEALSQ is developing a vertically integrated platform that includes secure satellite communication and blockchain-enabled digital identity solutions [3][4] Financial Position - As of June 30, 2025, SEALSQ has a strong cash balance exceeding $120 million, positioning the company to scale its investments and lead in the transition to Quantum security [5] - The company expects the convergence of its technologies to drive diversified revenues and long-term shareholder value [5] Future Outlook - SEALSQ is pioneering the development of Post-Quantum Semiconductors to protect sensitive data across various applications, ensuring organizations remain secure against Quantum threats [8] - The company is focused on embedding Post-Quantum Cryptography into its semiconductor solutions to enhance resilience and security across diverse industries [8]
SEALSQ Corp Announces H1 2025 Preliminary Revenue and Other Key Financial Metrics: Updates on Planned Deployment of Post-Quantum Security Solutions by 2025 Year-End
GlobeNewswire News Room· 2025-07-03 12:30
Core Insights - SEALSQ Corp has provided FY 2025 revenue guidance of $16.0 million to $20.0 million, indicating year-on-year growth of 45% to 82% [1][5] - The company is focusing on new offerings such as Quantum Resistant Chips, the Quantix Edge Partnership, and the acquisition of IC'ALPS ASIC to drive revenue growth and global expansion in 2026 [1][3] Financial Performance - Preliminary unaudited revenue for H1 2025 was $4.8 million, consistent with H1 2024, reflecting a transitional phase towards post-quantum semiconductors [5] - Cash reserves increased to $120 million as of June 30, 2025, up from $19 million a year earlier, providing substantial liquidity for innovation and expansion [5][8] - The company anticipates H2 2025 revenues between $11 million and $15 million, driven by major commercial projects and the consolidation of IC'ALPS revenues [4] Growth Catalysts - The acquisition of IC'ALPS for EUR 12.5 million is expected to enhance SEALSQ's custom chip and IP development capabilities [7][10] - The Quantix Edge project, with a total investment of EUR 40 million, will further support SEALSQ's growth, with the company contributing approximately 25% [10] - SEALSQ's business pipeline has grown to $145 million in revenue opportunities for 2026 to 2028, driven by demand for quantum-resistant security solutions [5] Strategic Initiatives - SEALSQ is advancing its post-quantum chip portfolio, including the QVault™ Trusted Platform Module (TPM) and QS7001™ hardware platform, aimed at critical sectors like defense and automotive [11][12] - The company is positioned to meet emerging cybersecurity mandates, enhancing its role as a trusted partner for governments and enterprises [13] - SEALSQ's strategic investments in quantum technologies, including a $10 million investment in WISeSat.Space, are expected to drive commercialization in H2 2025 [7][8]
SEALSQ and WISeKey Launch the Quantum Corridor: A New Era of Cross-Border DeepTech Innovation
GlobeNewswire News Room· 2025-07-01 12:30
Core Insights - The Quantum Corridor is a transnational innovation infrastructure connecting quantum, AI, cybersecurity, and semiconductor projects across Spain, France, Switzerland, and the United States [2][3][11] Spain Projects - The initiative began in La Línea de la Concepción, Spain, with the creation of LLG4IR.com, aimed at revitalizing border regions through high-tech corridors [4] - LLG4IR is linked with Málaga TechPark, which hosts over 600 companies, forming a Southern Spain innovation cluster focused on quantum-safe computing and trusted IoT infrastructure [5] - A €40 million Quantum Edge Hub is being developed in Murcia, co-financed by the Spanish government and private investors, with SEALSQ and WISeKey investing €10 million [6] France Projects - In France, SEALSQ's operational HQ in Aix-en-Provence focuses on developing post-quantum semiconductors and identity-focused microchips [7] - SEALSQ acquired IC'Alps, a custom ASIC design house, to pivot towards Quantum ASIC development, enhancing its semiconductor capabilities [8] Switzerland Projects - Geneva serves as the coordination hub for the Quantum Corridor, hosting WISeKey and SEALSQ, and features the WISeID platform for secure digital identity [9] US Projects - SEALSQ USA, based in Arizona, aims to expand the corridor's reach into North America, focusing on secure supply chain integration and post-quantum standardization [10] Technology Focus - SEALSQ specializes in Post-Quantum Technology, integrating semiconductors, PKI, and cryptography to address security challenges posed by quantum computing [12][13]
SEALSQ Finalizes Strategic Investment in WeCan Group with 28.30% Equity Stake Acquisition
Globenewswire· 2025-06-30 05:00
Core Insights - SEALSQ Corp has completed a strategic investment in WeCan Group SA, acquiring a 28.30% equity stake, aimed at enhancing quantum-resilient blockchain security solutions [1][2][3] Company Overview - SEALSQ focuses on developing and selling semiconductors, PKI, and post-quantum technology hardware and software products [1][11] - WeCan Group, founded in 2015, is a leading provider of blockchain-based solutions for secure data management, serving various sectors including financial institutions [7][10] Strategic Alliance - The partnership will integrate SEALSQ's hardware-based security with WECAN's compliance solutions to develop next-generation security tools [3][5] - The collaboration aims to create quantum-safe foundations for critical sectors such as finance and IoT [3][5] Immediate Strategic Outcomes - Full integration of SEALSQ's post-quantum encryption into WECAN's KYC and KYB platforms [9] - Joint development of quantum-resistant identity verification tools for financial institutions and digital asset managers [9] - Embedding post-quantum security algorithms in SEALSQ semiconductors to protect billions of IoT devices [9] - Expansion of Decentralized Identity (DID) solutions for secure identity management in Web 3.0 ecosystems [9] Leadership Comments - SEALSQ's CEO emphasized the shared vision with WECAN to lead the transition towards quantum-resilient digital ecosystems [5] - WECAN's CEO highlighted the strengthening of their mission to provide secure data infrastructures through SEALSQ's investment [5]