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 ...

Despite Temporarily Slowdown in H1 2024, Expects a Stronger H2 and Return to Growth in 2025 Financial Highlights and Business Pipeline The Company anticipates a stronger H2 2024 and a return to growth in 2025, as it expects supply chain issues and inventory issues to be resolved thus the demand from legacy customers to return to pre-shortage levels. Additionally, as reported in the Company's H1 update, SEALSQ's robust new business pipeline is valued at $71 million, reflective of new customers awaiting the C ...

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 ...

Projected to secure nearly 25% of the global market share by 2030, SEALSQ's RISC-V chips are driving a paradigm shift in the microchip industry, propelled by the burgeoning demand for Edge-AI and machine learning applications. Jean-Pierre Enguent, SEALSQ France R&D VP, noted, "SEALSQ's integration of 25 years of experience in countermeasures against side-channel and intrusive attacks and sensors for designing a new generation of Secure Element roadmap, make it the right choice for any entity looking for hig ...

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 ...

WISeKey subsidiary WISeSat.Space Announces Developments in Secure IoT Connectivity and Climate Monitoring with European Satellite Independence and Strategic Military Collaboration Geneva, Switzerland – June 26, 2024: WISeKey International Holding Ltd. ("WISeKey") ((SIX: WIHN, NASDAQ:WKEY), a global leader in cybersecurity, digital identity, and Internet of Things (IoT) innovations, today announced that its subsidiary WISeSat.Space ("Company") is at the forefront of utilizing low-orbit satellites for secure ...