Core Viewpoint - WISeKey International Holding Ltd is in exclusive negotiations to acquire 100% of IC'ALPS, a specialist in ASIC design and supply, to enhance its semiconductor capabilities and meet growing sector demand [1][2]. Acquisition Details - The acquisition is based on a Letter of Intent and is subject to a Share Purchase Agreement and closing conditions [2]. - The fixed purchase price is set at EUR 12.5 million, consisting of EUR 10 million in cash and EUR 2.5 million in SEALSQ shares, with an additional earn-out payment of up to EUR 4 million based on IC'ALPS achieving revenue over EUR 11 million in 2025 [6]. Financial Performance of IC'ALPS - For the year ended December 31, 2024, IC'ALPS reported draft unaudited revenue of EUR 9.756 million and a net loss of EUR 2.016 million, compared to revenue of EUR 8.465 million and a net income of EUR 318,000 in 2023 [3]. - Excluding sales to SEALSQ, the net loss for 2024 would increase to EUR 2.631 million, while the net income for 2023 would turn into a net loss of EUR 850,000 [4]. Strategic Importance - The acquisition is expected to add approximately 100 skilled employees from IC'ALPS, enhancing SEALSQ's capabilities in ASIC development [2]. - IC'ALPS operates in various sectors including medical, industrial, automotive, IoT, and digital identity, which aligns with SEALSQ's focus on post-quantum technology [8][10].

Core Insights - SEALSQ Corp has launched the MS6003 secure element chip, which is preloaded with a FIDO2 authentication application, aimed at enhancing passwordless authentication in a zero-trust environment [3][4][6] - The global FIDO authentication market is projected to grow from USD 2.16 billion in 2025 to USD 15.32 billion by 2035, at a CAGR of 18.3%, driven by increasing cyber threats and the demand for secure authentication solutions [6][7] Company Overview - SEALSQ focuses on developing and selling semiconductors, PKI, and post-quantum technology hardware and software products [3][8] - The company is pioneering post-quantum semiconductors that provide robust protection for sensitive data across various applications, including multi-factor authentication, healthcare systems, and automotive [9] Product Features - The MS6003 simplifies secure authentication adoption, reducing time-to-market and streamlining compliance for customers in enterprise, industrial, IoT, and consumer applications [4][7] - It is built on a Common Criteria EAL5+-certified microcontroller platform, ensuring compliance with rigorous hardware security standards [7] - The chip supports diverse applications, including PC OEMs, smart locks, and automotive IoT, providing versatile integration options [7] Market Context - The MS6003 positions SEALSQ to capture the growing passwordless security market, which is increasingly important as 80% of data breaches are linked to compromised credentials [6][7] - FIDO2 standards, endorsed by major industry players like Microsoft, Apple, and Google, are transforming digital security and driving the demand for passwordless solutions [6]

Core Viewpoint - SEALSQ Corp has introduced its advanced post-quantum cryptographic technology, QS7001, to secure Bitcoin wallets against potential quantum computer threats, marking a significant advancement in blockchain asset security in the quantum era [3][4]. Group 1: Quantum Threat to Bitcoin - Bitcoin wallets utilize elliptic curve cryptography (ECC), specifically the secp256k1 curve, which is vulnerable to quantum attacks using Shor's algorithm, potentially compromising wallet security [4]. - The advancement of quantum computing poses a significant risk to the integrity of decentralized finance, necessitating robust security measures [4]. Group 2: SEALSQ's Quantum-Resistant Solution - SEALSQ's PQC technology is based on NIST-standardized algorithms CRYSTALS-Kyber and CRYSTALS-Dilithium, designed to withstand quantum attacks and ensure forward secrecy and unforgeable signatures [5]. - The QS7001 secure element integrates these algorithms, providing hardware-backed security optimized for resource-constrained environments like hardware wallets and IoT devices [6][7]. Group 3: Migration Framework for Developers - SEALSQ offers a migration framework for Bitcoin wallet developers, emphasizing the importance of post-quantum cryptography for future-proofing blockchain security [8]. - The company highlights the necessity of trusted roots in cryptography to ensure security against quantum threats, positioning itself as a leader in semiconductor-driven cybersecurity [8]. Group 4: About SEALSQ - SEALSQ is a pioneer in developing post-quantum technology solutions, integrating semiconductors and public key infrastructure to address security challenges posed by quantum computing [9][10]. - The company aims to provide robust protection for sensitive data across various applications, ensuring organizations remain secure against quantum threats [10].

Core Insights - SEALSQ Corp showcased its advancements in post-quantum cryptography (PQC) during the "Quantum Days 2025" event, demonstrating NIST-standardized algorithms Crystal Kyber and Crystal Dilithium on secure devices [1][2][3] Group 1: Company Overview - SEALSQ focuses on developing and selling semiconductors, PKI, and post-quantum technology hardware and software products [1][5] - The company is a leader in post-quantum technology, integrating PQC into its semiconductor solutions to address security challenges posed by quantum computing [5][6] Group 2: Product Demonstrations - Live demonstrations of the Kyber algorithm showcased secure key exchange, while the Dilithium algorithm confirmed message integrity and tamper detection [3][8] - The demonstrations were conducted on SEALSQ's latest quantum-resistant hardware platform, QS 7001, highlighting real-world applications of PQC [3] Group 3: Industry Relevance - SEALSQ's PQC solutions aim to protect data integrity and confidentiality in IoT ecosystems, positioning the company as a trusted partner for industries such as automotive, healthcare, and smart infrastructure [3][4] - The integration of PQC algorithms ensures compliance with global cybersecurity standards and meets the growing demand for quantum-resistant IoT solutions [4]

Geneva, Switzerland, May 19, 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, today announced results of its 2025 Annual General Meeting (“AGM”) of Shareholders, held in person in NYC on May 19, 2025. During the meeting, shareholders voted in favor of all resolutions put forward, including the re-election of the current seven board members (five of who ...

Core Insights - SEALSQ Corp plans to invest $10 million in WISeSat.Space to enhance satellite constellation deployment and secure communications through Quantum Key Distribution (QKD) technology [1][2] - This investment aims to establish a quantum-resilient satellite network for ultra-secure communications and transactional IoT services [2] - The global quantum communication market is projected to grow at a CAGR of 31.8% from 2025 to 2030, reaching over $1 billion in 2024, driven by the need for enhanced security across various sectors [5] Investment and Strategic Goals - SEALSQ's investment is subject to final approval by its Board of Directors and represents a significant step towards building a secure satellite network [2] - The investment will enable SEALSQ to connect and secure trillions of IoT devices globally, creating a "Satellite-as-a-Service" revenue model [4] - The upcoming June 2025 mission will demonstrate SEALCOIN's capability for decentralized transactions between satellites and IoT devices [3] Technology and Market Position - QKD provides unmatched security by utilizing quantum mechanics, making it essential for safeguarding sensitive data in finance, healthcare, and defense [6][8] - SEALSQ and WISeKey aim to capture a leadership position in the quantum communication market by integrating QKD with satellite infrastructure [6] - The deployment of WISeKey's Quantum RootKey will ensure secure transactions and data privacy, protecting against both classical and quantum threats [10] Future Developments - WISeKey is preparing for multiple satellite deployments in 2025 to expand its network and enhance IoT connectivity [7] - The industrialization of WISeSat's Satellite-as-a-Service platform is expected to accelerate the adoption of quantum-secure services globally [11] - SEALSQ's focus on Post-Quantum Technology aims to address security challenges posed by advancing quantum computing [12][13]

Saint-Cyr-sur-Mer, France, May 13, 2025 (GLOBE NEWSWIRE) -- SEALSQ Brings Together Global Experts to Accelerate Post-Quantum and Space Security Innovations Saint-Cyr-sur-Mer, France – May 13, 2025 -- 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 the successful conclusion of its French Quantum and Space Day, held May 12–13, 2025, at Hotel Le Fregate, near ...

Core Viewpoint - SEALSQ Corp, in collaboration with WISeKey International Holding Ltd and WISeSat.Space AG, is set to launch the WISeSat 2.1 satellite in June 2025, which will feature SEALSQ's WISeKey Quantum RootKey technology, marking a significant advancement in protecting satellite communications from quantum cyberattacks [1][6]. Group 1: Technology Overview - The WISeKey Quantum RootKey is a hardware-based root-of-trust technology that secures key generation, storage, and management directly on the satellite, making it resistant to quantum decryption attacks [2]. - This technology utilizes NIST-recommended post-quantum algorithms such as CRYSTALS-Kyber and CRYSTALS-Dilithium to ensure secure authentication, encryption, and data integrity against future quantum computing threats [2][3]. Group 2: Applications and Benefits - The deployment of the Quantum RootKey in WISeSat 2.1 addresses increasing risks of key extraction, spoofing, and eavesdropping faced by satellites due to advancements in quantum computing capabilities [3]. - The technology provides a resilient security architecture that includes hardware-based anti-tamper protections, ensuring that any interception of quantum key exchanges is immediately detectable [3]. - The integration of post-quantum technologies in WISeSat is expected to enhance critical applications such as positioning, navigation, and timing (PNT) systems, vital for both space missions and terrestrial infrastructure [4]. Group 3: Future Prospects - The innovations from SEALSQ open avenues for future resource exploration and mining in extraterrestrial environments, facilitating secure communication and navigation systems essential for deep space operations [5]. - The unique conditions of space, such as microgravity, allow for the manufacturing of advanced materials and testing of quantum applications, potentially leading to the development of un-hackable communication networks [5]. Group 4: Strategic Importance - The WISeSat 2.1 mission positions Europe and its allies to enhance their sovereignty in space-based communications amid rising geopolitical and cybersecurity tensions [6]. - By establishing a quantum-resistant satellite security infrastructure, SEALSQ aims to secure critical layers of global digital trust [6]. Group 5: Company Profile - SEALSQ is recognized as a leading innovator in Post-Quantum Technology, focusing on hardware and software solutions that integrate semiconductors, PKI, and provisioning services to address security challenges posed by quantum computing [7][9]. - The company is developing Post-Quantum Semiconductors that provide robust protection for sensitive data across various applications, ensuring organizations remain secure against quantum threats [9].

Core Viewpoint - SEALSQ Corp's QVault Trusted Platform Module (TPM) achieves compliance with the highest-security parameter sets of NIST-standardized CRYSTALS-Dilithium and CRYSTALS-Kyber algorithms, reinforcing its position in quantum-resistant security solutions for various markets [1][2][8] Group 1: Technology and Compliance - QVault TPM is compliant with ML-DSA-87 and ML-KEM-1024, which are the most robust variants of post-quantum cryptography algorithms standardized by NIST [2][3] - ML-DSA-87 features a public key size of 1,952 bytes and a signature size of 4,595 bytes, targeting security equivalent to AES-256, making it suitable for applications requiring long-term data integrity [7] - ML-KEM-1024 has a public key size of 1,568 bytes and a ciphertext size of 1,568 bytes, also achieving AES-256-equivalent security for robust key exchange [7] Group 2: Market Demand and Industry Trends - The demand for quantum-resistant cryptography is increasing due to advancements in quantum computing, with predictions of relevant quantum computers emerging within a decade [4] - Industry leaders like IBM emphasize the importance of these standards for protecting encrypted data, with expectations of significant adoption in products for government and financial services [5] - Cloudflare reported that nearly 2% of TLS 1.3 connections were PQC-secured by early 2024, with expectations of double-digit adoption by year-end [5] Group 3: Applications and Use Cases - QVault TPM supports a range of applications, including secure firmware signing, quantum-safe authentication for IoT devices, and secure vehicle-to-everything communications [8][13] - The integration of ML-DSA-87 and ML-KEM-1024 into QVault TPM provides a tamper-resistant environment for cryptographic operations and key storage [8] - SEALSQ's technology is designed to address urgent security challenges posed by quantum computing across various sectors, including defense, IoT, and automotive [10]

Core Insights - SEALSQ Corp is enhancing its position in the cybersecurity market for unmanned aerial vehicles (UAVs) and satellite telecommunications through strategic partnerships and technological advancements [1][2][5] Group 1: Strategic Partnerships - SEALSQ has formed partnerships with Parrot and AgEagle Aerial Systems to integrate its secure elements into their UAV products, ensuring robust cybersecurity for various applications [2][3] - Parrot has incorporated SEALSQ's NIST FIPS 140-2 Level 3 certified secure elements into its flagship drone models, enhancing cryptographic operations and software integrity [2] - AgEagle's eBee VISION UAS, designed for intelligence and reconnaissance missions, also utilizes SEALSQ's secure elements to protect sensitive data [3] Group 2: Technological Advancements - SEALSQ's 2025 roadmap includes the launch of Quantum-Resistant Secure Chips, such as the QS7001 Platform and QVault Trusted Platform Module, to address emerging quantum computing threats [4] - The company is developing a picosatellite constellation, WISeSat, to provide secure IoT connectivity, which is critical for defense and logistics [5][6] - SEALSQ's collaboration with WISeKey aims to integrate quantum-resistant semiconductors into WISeSat picosatellites, ensuring secure communications for defense applications [5][6] Group 3: Market Position and Financial Outlook - The global UAV market is projected to reach $38 billion by 2027, positioning SEALSQ as a trusted security partner in this growing sector [2] - SEALSQ has a $93 million pipeline over the next three years, indicating strong demand for its quantum-resistant semiconductors and IoT security solutions [8] - The company is expanding its global footprint through partnerships to establish chip design and customization centers in Spain and the United States, supported by government incentives [8]