From 2004 to 2010, Mr. Miyahata was Senior Account Manager for Freescale Semiconductor Japan Ltd., a multinational corporation headquartered in Austin, Texas, with operations in more than 75 locations across 19 countries. He successfully managed relationships with mobile operators, to build 4G networks. Before that, he was the Open Multimedia Applications Platform (OMAP) Marketing Manager for Texas Instruments, where he managed OMAP Application Processor projects at key mobile phone makers in Japan. From 19 ...

Geneva, Switzerland / Tokyo, Japan, July 26, 2024 (GLOBE NEWSWIRE) -- SEALSQ Corp ("SEALSQ" or "Company") (NASDAQ: LAES), a leader in developing and selling semiconductors, PKI, and post-quantum technology hardware and software products, today announces the appointment of Katsu Miyahata as the new Sales Director and Representative Director for Japan. Mr Miyahata, who joined SEALSQ in June 2023 as a Sales Representative for Japan, having previously worked for WISeKey, has now assumed responsibility for the C ...

The new business pipeline is expected to positively impact revenues as early as Q2 2025. In addition to its solid cash position, the Company has converted the entire first tranche and 90% of the second tranche of the Convertible Loan Notes issued in 2023, and reduced debt to related parties by $5 million during H1 2024. Overall, SEALSQ remains well-positioned to pursue long-term value for shareholders. 1. Quantum-Resistant Semiconductor Sales: With the growing demand for secure IoT devices, SEALSQ's post-qu ...

Core Viewpoint - The company anticipates a stronger second half of 2024 and a return to growth in 2025, driven by the resolution of supply chain and inventory issues, alongside a robust new business pipeline valued at $71 million for next-generation semiconductors expected in 2025 [1][2]. Financial Highlights and Business Pipeline - Preliminary unaudited revenue for H1 2024 is approximately $5 million, reflecting a temporary slowdown due to excess component inventories and deferred orders from legacy customers [15]. - The company has a strong cash position of $19 million, which is sufficient to support operations during the current slowdown and fund the development of its Post-Quantum chip [16]. - The new business pipeline is expected to positively impact revenues as early as Q2 2025 [2]. Product Development and Launches - SEALSQ plans to launch its new range of Quantum Resistant chips, including the QS7001 and QVault TPM, by Q4 2024, with engineering samples available for order by the same period [3]. - The QS7001 will allow customers to develop and load their own firmware, while the QVault TPM will feature a pre-provisioned Trusted Platform Module stack [3]. Strategic Partnerships and Initiatives - The company has initiated discussions with large electronic manufacturers to develop custom quantum-resistant chips, creating new business opportunities [4]. - SEALSQ is in negotiations with the Spanish government to establish a high-performance cybersecurity chip design center, collaborating with WISeKey, Odin, and TProtege [5]. - The company aims to develop an OSAT facility in the United States, focusing on semiconductor technologies, including post-quantum cryptography and AI [6]. Market Outlook and Growth Projections - Governments, including the US and EU, are establishing incentives to enhance supply chain resilience, which aligns with SEALSQ's expanded operations [7]. - The company is strategically positioned to convert new initiatives into substantial revenue streams over the next five years, particularly in the expanding IoT market [21]. - Significant sales growth for SEALSQ's post-quantum chips is anticipated starting in 2025 as they enter full-scale production [10].

Geneva, Switzerland, July 18, 2024 (GLOBE NEWSWIRE) -- SEALSQ has recently launched the QS7001, a RISC-V quantum-resistant secure chip that aligns with the highest standards and is capable of running NIST-approved quantum-resistant cryptographic algorithms. The first commercial samples are currently under production in Singapore and expected for delivery in Q4 2024. Diversified Manufacturing Strategy Provides Supply Chain Stability and Enhances Business Resilience SEALSQ Corp ("SEALSQ" or "Company") (NASDAQ ...

Core Insights - SEALSQ's RISC-V chips are projected to capture nearly 25% of the global market share by 2030, driven by increasing demand for Edge-AI and machine learning applications [1] - The company is recognized as a leader in high-performance RISC-V Edge-AI processors and secure microcontrollers, leveraging open-standard technology to meet the evolving demands of the microchip industry [19] Market Dynamics - The RISC-V market is expected to grow at a CAGR of 73.6% through 2027, leading to the production of approximately 25 billion AI chips and generating $291 billion in revenue [15] - The secure microcontroller market is projected to reach $2.2 billion by 2026, fueled by demand from utilities, industrial IoT, smart cities, and buildings [20] Technological Innovations - SEALSQ's RISC-V technology allows for highly customizable processor designs, optimizing performance and energy efficiency for specific tasks [5][6] - The company has developed a RISC-V post-quantum test chip that meets high security standards and can run quantum-resistant cryptographic algorithms, with commercial sampling expected to begin in late 2024 [20] Strategic Developments - SEALSQ plans to release its first engineering samples of RISC-V technology in late 2024, with production certification anticipated in Q3 2025 [9][18] - The integration of 25 years of experience in countermeasures against side-channel attacks positions SEALSQ as a strong contender for entities seeking high-performance RISC-V Edge-AI processors [2]

WISeKey Subsidiary WISe.ART Revolutionizes Ultra-Luxury Market with Strategic Move to Web 3.0 Platform The WISe.ART platform (https://platform.wise.art/) offers UHNWIs an unparalleled opportunity to commercialize their luxury assets using cutting-edge Web 3.0 technology. By leveraging blockchain, NFTs, smart contracts, and virtual experiences, WISe.ART transforms the sale, purchase, and management of high-end assets, including boats, fashion, art, villas, watches, jewelry, and travel experiences. Digitaliza ...

WISeKey Announces the Establishment of SEALCOIN AG Subsidiary "We have concluded that the operations of the SEALCOIN project will be best fit under SEALCOIN AG as a new WISeKey subsidiary moving forward," noted Carlos Moreira, CEO of WISeKey. "This decision allows the project to not only leverage SEALSQ's expertise in the semiconductor and PKI space, but to capitalize on the extensive cybersecurity expertise of WISeKey. We look forward to the launch of the SEALCOIN platform and tokens, and to the revolution ...

WISeKey Subsidiary WISeSat.Space to Bring Blockchain to Space for Improved Satellite Services Will test the node operations from the new WISeSat Satellite to be launched with SpaceX at Vandenberg Space Force Base in October this year. By using blockchain technology, WISeSat.Space is set to make satellite operations more reliable and accessible. For example, one of the key uses of blockchain in satellite operations is smart contracts. These are selfexecuting agreements where the terms are written into code a ...

For more information on WISeKey's strategic direction and its subsidiary companies, please visit www.wisekey.com. WISeKey Shareholders Approved All Agenda Items of the 2024 Annual General Meeting Among other things, shareholders re-elected Carlos Moreira, Peter Ward, María Pía Aqueveque Jabbaz, David Fergusson and Jean-Philippe Ladisa as members of the Board of Directors, and elected Philippe Doubre, Philippe Monnier and John O'Hara as new members of the Board of Directors. Shareholders also re-elected Carl ...