Workflow
SEALSQ p(LAES)
icon
Search documents
SEALSQ Invests $10 Million in WISeSat.Space, at $115 Million Pre-Money Valuation, to Accelerate Planned Satellite Constellation Deployment, Space-Based Quantum Key Distribution (QKD) Communications, and Decentralized IoT Transactions
Globenewswire· 2025-06-17 13:15
Core Viewpoint - SEALSQ Corp has announced a strategic investment of $10 million in WISeSat.Space AG to accelerate the deployment of a secure, quantum-ready satellite constellation, securing a 9% equity stake in WISeSat based on a pre-money valuation of $115 million [2][3]. Company Summary - SEALSQ focuses on developing and selling semiconductors, PKI, and post-quantum technology hardware and software products [2]. - The investment will enable WISeSat to scale operations and explore strategic partnerships for expanding access to existing satellite infrastructure [3]. - SEALSQ aims to build the world's first quantum-resilient satellite network to provide ultra-secure communications and transactional IoT services globally [6]. Industry Summary - The global quantum communication market was valued at over $1 billion in 2024 and is projected to grow at a CAGR of 31.8% from 2025 to 2030, driven by demand for unbreakable security in finance, healthcare, and defense sectors [7]. - The upcoming launch of WISeSat 3.0 will demonstrate SEALCOIN's capabilities for autonomous, decentralized satellite-to-IoT device transactions, paving the way for a new Satellite-as-a-Service model [8]. - Quantum communication utilizes principles of quantum physics to secure information, making it essential for protecting sensitive data across various sectors, including finance and healthcare [9].
SEALSQ (LAES) Conference Transcript
2025-06-12 15:00
Summary of SEALSQ (LAES) Conference Call - June 12, 2025 Company Overview - **Company Name**: SalesQ Corp. (formerly WiseKey) - **Ticker**: LAES - **Founded**: 1999 (WiseKey) and 1998 (CLSQ) - **Headquarters**: France - **Employees**: Approximately 70 - **Patents**: Over 118 patents Core Industry and Technology - **Industry**: Cybersecurity and Semiconductor - **Focus**: Development of secure semiconductors resistant to quantum computing threats - **Key Technology**: Digital identity services and semiconductor design, acting as a digital passport for devices Historical Context - **2016**: Acquisition of secure semiconductor segment from Inside Secure and rebranding to Wysky Semiconductors - **2021**: Initiated project to develop quantum-resistant semiconductors due to emerging threats from quantum computing - **2023**: Partial spin-off and separate listing on NASDAQ under ticker LAES Financial Highlights - **Cash Position**: $85 million at year-end 2024, currently over $100 million - **2024 Revenue**: $11 million, anticipated as a transitional year due to excess inventory in the semiconductor market - **Investment in R&D**: $5 million in 2024 for post-quantum chip development, with plans for an additional $7.2 million in 2025 Strategic Initiatives - **Post-Quantum Chips**: Targeting commercial launch by the end of 2025, with expected revenue generation in 2026 - **Acquisition of IC Alps**: Aiming to enhance end-to-end product offerings in ASIC design - **Investment Fund**: $20 million allocated towards quantum companies to strengthen the quantum roadmap - **Satellite Connectivity**: Collaboration with WiSATs for secure satellite communication Market Position and Competition - **Competitors**: General semiconductor players (Infineon, NXP, ST) and digital identity providers (DigiCert, Entrust) - **Unique Selling Proposition**: Combination of semiconductor technology and digital identity services Future Outlook - **2025 Goals**: Focus on quantum roadmap, expansion in the US market, and development of personalization centers - **Current Engagements**: 80 active discussions with potential clients valued at $93 million Key Risks and Considerations - **Market Volatility**: Dependence on the semiconductor market and potential delays in product certifications - **Technological Advancements**: Need to stay ahead of competitors in quantum-resistant technology Important Announcements - **Upcoming Certifications**: Anticipated positive market reaction to announcements regarding the development and commercialization of post-quantum chips - **Client Announcements**: Future client partnerships will be critical for market perception and stock performance Conclusion - **Management's Perspective**: Optimistic about the future, emphasizing the importance of ongoing R&D and strategic investments to solidify market position in quantum cryptography and cybersecurity solutions This summary encapsulates the key points discussed during the SEALSQ (LAES) conference call, highlighting the company's strategic direction, financial status, and market positioning in the evolving landscape of cybersecurity and semiconductor technology.
SEALSQ Renews ISO 9001 and ISO 14001 Certifications with Zero Non-Conformities, Reinforcing Commitment to Quality, Reliability, and Sustainability
Globenewswire· 2025-06-12 14:30
Core Viewpoint - SEALSQ Corp has successfully renewed its ISO 9001:2015 and ISO 14001:2015 certifications with zero non-conformities, reflecting its commitment to quality management and environmental responsibility [1][5]. Group 1: Certification Significance - ISO 9001 certification ensures consistent delivery of products and services that meet customer and regulatory requirements, highlighting SEALSQ's robust quality controls and customer-focused approach [2]. - ISO 14001 certification guides organizations in reducing their environmental impact through sustainable practices, demonstrating SEALSQ's commitment to environmental responsibility and alignment with global sustainability goals [3]. Group 2: Customer Importance - The renewal of these certifications strengthens SEALSQ's ESG strategy, integrating quality, environmental stewardship, and governance, positioning the company as a trusted partner for organizations prioritizing ethical and sustainable practices [4]. - The certifications provide customers with confidence in SEALSQ's commitment to delivering reliable, high-quality solutions while advancing sustainability [6]. Group 3: Company Overview - SEALSQ is a leading innovator in Post-Quantum Technology, focusing on developing state-of-the-art Quantum Resistant Cryptography and Semiconductors to address security challenges posed by quantum computing [7][8]. - The company’s products are designed to safeguard critical systems across various applications, enhancing resilience and security in diverse industries [8].
SEALSQ Extends Relationship with Landis+Gyr to Offer Utilities Enhanced PKI Services for AMI Network and Meter Security
Globenewswire· 2025-06-11 12:30
Core Insights - SEALSQ's Public Key Infrastructure (PKI) tool, INeS, has been selected by Landis+Gyr to provide 30 million digital certificates for smart meters in the Asia Pacific region, starting this summer [2][3][4] - The INeS PKI solution offers FIPS-certified digital certificates, ensuring security and integrity for a large smart meter network, which is crucial for device authentication and protection against cyber threats [4][5] - This partnership highlights SEALSQ's capability to deliver scalable and cost-effective security solutions for extensive IoT deployments [4] Company Overview - SEALSQ focuses on developing and selling semiconductors, PKI, and Post-Quantum technology hardware and software products [2][8] - The company is pioneering Post-Quantum Semiconductors that provide robust protection for sensitive data across various applications, including smart energy and healthcare systems [9] - SEALSQ emphasizes the integration of Quantum Resistant Cryptography into its semiconductor solutions to address security challenges posed by advancing quantum computing [8][9] Industry Context - Landis+Gyr is a global leader in integrated energy management solutions, enabling utilities and consumers to reduce energy consumption [6][7] - The company has achieved significant CO2 savings, managing to save 9 million tons in FY 2024 through its product offerings [7] - Landis+Gyr's security offerings include both on-premises and hosted solutions, ensuring compliance with local regulations and providing end-to-end security for smart metering solutions [5]
SEALSQ to Present at the Sidoti Small Cap Conference on June 11-12
Globenewswire· 2025-06-09 15:00
Core Insights - SEALSQ Corp is focused on developing and selling semiconductors, PKI, and post-quantum technology hardware and software products [1][3] - The company will present at the Sidoti Small Cap Conference on June 11 and 12, with a main presentation scheduled for June 12 at 10am ET [2] Company Overview - SEALSQ is a leading innovator in post-quantum technology solutions, integrating semiconductors, PKI, and provisioning services [3] - The company emphasizes the development of quantum-resistant cryptography to address security challenges posed by advancing quantum computing [3][4] Product Offerings - SEALSQ is pioneering post-quantum semiconductors that provide robust protection for sensitive data across various applications, including multi-factor authentication, smart energy, medical systems, defense, IT infrastructure, automotive, and industrial automation [4] - The integration of post-quantum cryptography into semiconductor solutions enhances resilience and security against quantum threats [4]
SEALSQ and WISeKey Unveil Quantum-Resilient Security Framework to Control the Future of Robotics
Globenewswire· 2025-06-09 13:10
Core Insights - SEALSQ Corp, in collaboration with WISeKey International Holding Ltd, has announced a significant advancement in securing the next generation of intelligent machines, particularly autonomous robots, by integrating post-quantum semiconductor technology with a Root of Trust infrastructure [3][5][7] Group 1: Technology and Innovation - SEALSQ's post-quantum chips are designed to withstand the processing power of future quantum computers, ensuring that current encryption methods remain effective [4][11] - The chips incorporate advanced cryptographic protection directly into the silicon, enabling secure robot identities, encrypted communications, and software integrity from the manufacturing stage [4][11] - The Root of Trust framework assigns each robot a unique cryptographic identity, allowing for secure authentication, remote management, and updates throughout the robot's lifecycle [5][6] Group 2: Applications and Impact - The security infrastructure is applicable in critical sectors such as defense, industrial automation, agriculture, and healthcare robotics, aligning robotic ecosystems with global cybersecurity standards [7] - The integration of Trusted IoT, drones, and satellite systems creates a global trust grid for managing robotic operations, enhancing security and operational oversight [6][7] - This initiative aims to ensure that autonomous machines are trustworthy, traceable, and controllable, serving humanity effectively [7]
WISeKey's WISeSat Confirms Next Satellite Launch Scheduled for Mid-June from California to Advance Quantum-Safe Space Communications
GlobeNewswire News Room· 2025-06-03 13:50
Core Viewpoint - WISeKey is set to launch its WISeSat 3.0 satellite in mid-June 2025, which will incorporate SEALSQ's Quantum RootKey technology to enhance quantum-safe space communications, marking a significant advancement in securing global data infrastructure against quantum threats [2][11]. Group 1: Satellite Launch and Technology - The WISeSat 3.0 satellite will be the first to embed SEALSQ's Quantum RootKey, initiating a new era of quantum-safe space communications [2][4]. - The satellite will utilize NIST-standardized post-quantum algorithms, including CRYSTALS-Kyber and CRYSTALS-Dilithium, for cryptographic key generation and management [3][4]. - The Quantum RootKey is designed to resist both classical and quantum cyberattacks, ensuring secure communications and digital identity services [4][8]. Group 2: Capabilities and Applications - WISeSat 3.0 will provide secure command authentication, encryption of sensitive data, and post-quantum key distribution for critical infrastructure sectors such as energy and transportation [5][10]. - The satellite will facilitate the secure onboarding of billions of IoT devices, providing quantum-resistant digital identities even in remote areas [5][10]. - The multi-layered quantum-secure platform aims to leverage space's unique properties for scientific breakthroughs, including quantum sensing and secure deep-space exploration [9][10]. Group 3: Infrastructure and Future Plans - WISeSat has established key infrastructure, including a satellite antenna in La Línea, Spain, with plans for another in Switzerland to enhance satellite constellation management [7][10]. - By 2027, WISeSat aims to create a large constellation of satellites that incorporate WISeKey cryptographic keys and PQC semiconductor technology from SEALSQ [7][10]. - The company is positioning itself to enable a scalable "Satellite-as-a-Service" business model that integrates decentralized IoT transactions and post-quantum secure communications [10][11]. Group 4: Strategic Importance - The advancements of WISeSat 3.0 are crucial for establishing a sovereign, resilient, and secure digital infrastructure amid rising geopolitical and cybersecurity tensions [11]. - The collaboration between WISeSat and SEALSQ is setting the foundation for a new generation of cyber-resilient, quantum-ready space systems, redefining global digital trust from orbit [11].
WISeKey’s WISeSat Confirms Next Satellite Launch Scheduled for Mid-June from California to Advance Quantum-Safe Space Communications
Globenewswire· 2025-06-03 13:50
Core Viewpoint - WISeKey is set to launch its WISeSat 3.0 satellite in mid-June 2025, which will incorporate SEALSQ's Quantum RootKey technology to enhance quantum-safe space communications, addressing emerging quantum threats to global data infrastructure [2][11]. Group 1: Satellite Launch and Technology - The WISeSat 3.0 satellite will be the first to embed SEALSQ's Quantum RootKey, marking a significant advancement in quantum-safe space communications [2][4]. - This satellite will utilize NIST-standardized post-quantum algorithms, including CRYSTALS-Kyber and CRYSTALS-Dilithium, for cryptographic key generation and management [3][4]. - The Quantum RootKey is designed to resist both classical and quantum cyberattacks, ensuring secure communications and digital identity services [4][8]. Group 2: Capabilities and Applications - WISeSat 3.0 will provide secure command authentication, encryption of sensitive data, and post-quantum key distribution for critical infrastructure sectors such as energy and transportation [5][10]. - The satellite will facilitate the secure onboarding of billions of IoT devices, providing quantum-resistant digital identities even in remote areas [5][10]. - The multi-layered quantum-secure platform aims to leverage space's unique properties for scientific breakthroughs, including quantum sensing and secure deep-space exploration [9][11]. Group 3: Infrastructure and Future Plans - WISeSat has established key infrastructure, including a satellite antenna in La Línea, Spain, with plans for another in Switzerland to enhance satellite constellation management [7][10]. - By 2027, WISeSat aims to create a large constellation of satellites that will integrate WISeKey cryptographic keys and PQC semiconductor technology from SEALSQ [7][10]. - The company is positioning itself to enable a scalable "Satellite-as-a-Service" business model, integrating decentralized IoT transactions and post-quantum secure communications [10][11].
SEALSQ and WISeSat Next Satellite Launch Scheduled for Mid-June From California to Advance Quantum-Safe Space Communications
Globenewswire· 2025-06-03 13:37
Core Viewpoint - SEALSQ Corp is set to launch WISeSat 3.0 in June 2025, marking a significant advancement in quantum-safe space communications through the integration of its Quantum RootKey technology [1][11]. Investment and Strategic Partnership - SEALSQ plans to invest $10 million in WISeSat.Space, subject to Board approval, to become a strategic investor in the WISeSat satellite constellation [2][9]. Technological Advancements - The WISeSat 3.0 satellite platform will utilize NIST-standardized post-quantum algorithms for cryptographic key generation and management, ensuring secure communications [3][4]. - The Quantum RootKey module will provide a hardware-based root-of-trust to protect against both classical and quantum cyberattacks [4][8]. Key Capabilities - The satellite will offer secure command authentication, encryption of sensitive data, and post-quantum key distribution for critical infrastructure sectors [5][9]. - It will facilitate the secure onboarding of billions of IoT devices, providing quantum-resistant digital identities from space [5][6]. Infrastructure Development - WISeSat has established key infrastructure, including a satellite antenna in Spain and plans for another in Switzerland, to enhance satellite constellation management [7]. Future Goals - By 2027, WISeSat aims to create a large constellation of satellites incorporating WISeKey cryptographic keys and SEALSQ's PQC semiconductor technology for robust communication capabilities [7][9]. Strategic Importance - The advancements of WISeSat 3.0 are positioned to enhance digital infrastructure security amid rising geopolitical and cybersecurity tensions, emphasizing Europe's commitment to space sovereignty [11].
SEALSQ Chosen by Hager for Matter-Compliant Device Attestation in Next-Gen Smart Home Products
Globenewswire· 2025-05-29 12:30
Core Viewpoint - SEALSQ Corp has partnered with Hager to provide its PKI-as-a-Service platform, INeS, for Device Attestation Certificates, enhancing the security and interoperability of Hager's Matter-compliant smart home devices [2][3]. Company Overview - SEALSQ Corp specializes in developing and selling semiconductors, PKI, and Post-Quantum technology hardware and software products [2]. - Hager is a global leader in electrical solutions, focusing on smart home technology, energy management, and building automation, with a presence in over 100 countries [5]. Product and Technology Details - SEALSQ's INeS platform allows Hager to integrate devices into the Matter ecosystem, improving connectivity and simplifying certificate management [3]. - The platform generates quantum-resistant certificates, providing long-term protection against emerging security threats [3][6]. - SEALSQ is pioneering Post-Quantum Semiconductors designed to address security challenges posed by quantum computing, ensuring robust protection for sensitive data across various applications [7]. Benefits of Collaboration - The partnership enables Hager to deliver smarter and more secure homes, enhancing cybersecurity for its Matter-compliant devices [4]. - Hager's products, including lighting controls and energy management systems, can seamlessly connect to ecosystems like Amazon Alexa and Google Home, providing customers with enhanced reliability and a competitive edge [4].