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SEALSQ Announces Pricing of $25.0 Million Registered Direct Offering
Globenewswire· 2024-12-18 01:00
Geneva, Switzerland, Dec. 17, 2024 (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 that it has entered into a securities purchase agreement with several institutional investors to purchase 13,157,896 ordinary shares at a public offering price of $1.90, for gross proceeds of $25.0 million (the “Offering”), before deducting commissions and of ...
SEALSQ Partnering with Hedera in the Next Generation of Post-Quantum Semiconductors
Globenewswire· 2024-12-17 13:33
Geneva, Switzerland, Dec. 17, 2024 (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 a strategic partnership with Hedera to deliver next-generation quantum-resistant semiconductors, integrating cutting-edge security solutions to protect critical infrastructures in the emerging post-quantum world. SEALSQ has commenced the quality and fu ...
SEALSQ Announces Pricing of $25.0 Million Registered Direct Offering Priced Above Market Under NASDAQ Rules
Globenewswire· 2024-12-16 20:48
Core Viewpoint - SEALSQ Corp has announced a securities purchase agreement to raise $25 million through the sale of 13,157,896 ordinary shares at a price of $1.90 per share, aimed at funding its next-generation post-quantum semiconductor technology and supporting working capital [2][3]. Group 1: Offering Details - The offering is expected to close on or about December 17, 2024, subject to customary closing conditions [3]. - Maxim Group LLC is acting as the sole placement agent for the offering [3]. - The offering is made under an effective shelf registration statement previously filed with the SEC [4]. Group 2: Use of Proceeds - The net proceeds from the offering will be utilized for the deployment of post-quantum semiconductor technology, ASIC capabilities, working capital, and general corporate purposes [3]. Group 3: Company Overview - SEALSQ focuses on developing and selling integrated solutions based on semiconductors, PKI, and post-quantum technology hardware and software products [6]. - The company's solutions are applicable in various sectors, including multi-factor authentication, smart energy, healthcare, IT network infrastructure, automotive, and industrial automation [6]. Group 4: Post-Quantum Cryptography - Post-Quantum Cryptography (PQC) aims to create cryptographic methods secure against quantum computer attacks, addressing vulnerabilities in current methods like RSA and ECC [7].
SEALSQ Post-Quantum Technology to Safeguard Digital Identities and Documents in Collaboration with WISeID.COM
Newsfilter· 2024-12-16 14:31
Geneva, Switzerland, Dec. 16, 2024 (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 the integration of its advanced Post-Quantum Cryptography (PQC) technology to secure electronic identities and documents via a strategic initiative, developed in collaboration with WISeID.COM developed by SEALSQ's parent company, WISeKey International Holding ...
SEALSQ CEO to Attend the Northland Capital Markets Growth Conference
GlobeNewswire News Room· 2024-12-12 16:09
Company Overview - SEALSQ Corp focuses on developing and selling semiconductors, PKI, and post-quantum technology hardware and software products [2][3] - The company's solutions are applicable in various sectors, including multi-factor authentication, smart energy, smart home appliances, medical and healthcare, IT network infrastructure, automotive, and industrial automation [3] Event Participation - CEO Carlos Moreira will participate in the virtual Northland Capital Markets Growth Conference on December 12, 2024, with meetings scheduled throughout the day [2] - Interested participants are encouraged to contact their Northland Capital Markets sales representative for additional details and meeting arrangements [2] Post-Quantum Cryptography - Post-Quantum Cryptography (PQC) aims to develop cryptographic methods that remain secure against potential quantum computer attacks, which could compromise current methods like RSA and ECC [4]
SEALSQ Brings Quantum Technology to Drone and UAV Markets
GlobeNewswire News Room· 2024-12-12 13:30
Geneva, Switzerland, Dec. 12, 2024 (GLOBE NEWSWIRE) -- Additional information is available at https://youtu.be/2iK31O_V_1A 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 that it is bringing its quantum technology to the rapidly expanding market of professional drones and Unmanned Aerial Vehicles (UAVs) and professional drones. SEALSQ has already established s ...
SEALSQ Unveils INeS Box to Simplify Digital Identity Provisioning in Manufacturing
GlobeNewswire News Room· 2024-12-05 14:15
Core Insights - SEALSQ Corp has launched the INeS Box, a solution aimed at enhancing secure digital identity provisioning for connected devices in manufacturing [2][10] - The INeS Box is designed for manufacturers in sectors requiring secure connectivity, such as electric vehicle charging, medical IoT, and smart home devices [3][10] - The global IoT Identity and Access Management market is projected to grow from $4.9 billion in 2021 to $47.2 billion by 2031, with a CAGR of 25.4% from 2022 to 2031, highlighting the increasing demand for secure digital identity solutions [9] Company Overview - SEALSQ focuses on developing and selling semiconductor, PKI, and post-quantum technology hardware and software products [11] - The company aims to provide integrated solutions applicable across various sectors, including healthcare, automotive, and industrial automation [11] Product Features - The INeS Box includes a portable industrial computer with a 128 GB SSD and a built-in Hardware Security Module (HSM) certified to FIPS 140-3, ensuring secure operations [4] - It offers fully automated provisioning operations to minimize human error and supports both offline and online configurations [5] - The product aims to reduce manufacturing cycle times and includes preset certificate credits for easier installation [7] Market Context - The INeS Box addresses the critical need for secure digital identity provisioning in the rapidly growing IoT ecosystem, driven by rising security breaches and compliance requirements [10] - The increasing adoption of standards like Matter and the US Cyber Trust Mark further emphasizes the importance of robust digital identity solutions for manufacturers [3][10]
SEALSQ Introduces INeS PKI: The Future-Proof IoT Security Solution with Quantum-Resistant Technology
GlobeNewswire News Room· 2024-12-03 14:56
Geneva, Switzerland, Dec. 03, 2024 (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 the launch of a cutting-edge Public Key Infrastructure (PKI) solution, INeS PKI designed to future-proof IoT security. With advanced quantum-resistant algorithms, INeS PKI empowers businesses to safeguard their IoT devices today and in the quantum-powered fu ...
WISeKey and SEALSQ Announce Prestigious Speaker Line-Up and Agenda for Davos 2025 Roundtable: Celebrating 20 Years of Pioneering Innovation
GlobeNewswire News Room· 2024-12-02 06:00
WISeKey and SEALSQ Announce Prestigious Speaker Line-Up and Agenda for Davos 2025 Roundtable: Celebrating 20 Years of Pioneering Innovation Zug, Switzerland – December 2, 2024 – WISeKey International Holding Ltd (“WISeKey” or the “Company”) (NASDAQ: WKEY; SIX: WIHN), a global leader in cybersecurity, digital identity, and Internet of Things (IoT) innovations operating as a holding company, and its semiconductor subsidiary SEALSQ Corp (“SEALSQ”) (NASDAQ: LAES) today announced the speaker line-up and agenda f ...
SEALSQ and Parent Company WISeKey Advance AI Integration
GlobeNewswire News Room· 2024-11-29 16:02
Geneva, Switzerland, Nov. 29, 2024 (GLOBE NEWSWIRE) -- SEALSQ and Parent Company WISeKey Advance AI Integration Advancement is rooted in OISTE.ORG Foundation’s Digital Human Rights Declaration Geneva, Switzerland – November 29, 2024 – SEALSQ Corp (NASDAQ: LAES) ("SEALSQ" or the "Company"), a leader in semiconductor, PKI, and post-quantum technology solutions, in collaboration with parent company WISeKey International Holding Ltd (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), today announced the continued integrati ...