Geneva, Switzerland, July 07, 2025 (GLOBE NEWSWIRE) -- SEALSQ Corp (NASDAQ: LAES), a global leader in Post-Quantum and Quantum-resilient cybersecurity solutions, today announced its Quantum Investment Fund has been increased from $20 million to over $35 million. The increase is aimed at accelerating the convergence of Quantum, Post-Quantum cryptography, edge security, satellite communications, and secure identity infrastructure into a seamless and secure ecosystem for the next digital era. Building a Quan ...

FOR IMMEDIATE RELEASE WISeSat Signs a Service Agreement with Astrocast to Allow Access to Astrocast’s Operational Satellite Constellation Geneva, Switzerland – June 25, 2025 – WISeKey International Holding Ltd (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity, blockchain, and IoT company, today announces that its subsidiary, WISeSat.Space, a provider of secure satellite communications and space infrastructure, signed a strategic collaboration agreement with Astrocast, a Swiss-based nanos ...

Geneva, Switzerland, June 23, 2025 (GLOBE NEWSWIRE) -- By addressing IR Drop at sub-7nm nodes, the solution can significantly boost wafer yields, potentially saving manufacturers millions in production costs; improving yield from 50% to 80% on a single wafer could cut per-chip costs by nearly half. 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, together with ColibriTD, a p ...

WISeKey to Present at Maxim Tech Conference “Discover the Innovations Reshaping Tomorrow” on June 3 at 8:30am ET Geneva, Switzerland, June 2, 2025 –WISeKey International Holding Ltd (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity, blockchain, and IoT company, today announces that its management team will be presenting at the Maxim Group 2025 Virtual Tech Conference “Discover the Innovations Reshaping Tomorrow.” WISeKey’s fireside chat presentation is scheduled for June 3rd at 8:30 am E ...

WISeKey International Holding Ltd. Sponsored ADR (WKEY) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and foll ...

Financial Data and Key Metrics Changes - For the full year 2024, WISeKey reported revenue of $11.9 million, down from $30.1 million in 2023, reflecting a transitional year as semiconductor customers shifted to next-generation quantum-resistant solutions [33] - The company ended the year with a cash balance exceeding $90 million, significantly reducing convertible debt and traditional debt, resulting in a cleaner balance sheet [34] Business Line Data and Key Metrics Changes - SEALSQ, the semiconductor subsidiary, is targeting the commercial launch of new post-quantum chips in Q4 2025, with expectations to capture 20% of the trusted platform model market over the next five years [16][28] - WISeSat is deploying low orbit ecosystems to enhance global IoT connectivity, with plans to launch up to 88 new generation satellites over the next three years [22][23] Market Data and Key Metrics Changes - The company has a robust pipeline of secured and pending business opportunities exceeding $150 million for the period 2026 to 2028, supported by growing public sector and defense partnerships [27][36] - The semiconductor revenue has been the main contributor in 2024, with expectations for substantial returns from the full-scale commercial deployment of quantum-resistant chips starting in 2026 [28][29] Company Strategy and Development Direction - WISeKey is focusing on a convergence strategy that integrates semiconductors, satellites, blockchain, and digital identity into a unified ecosystem, aiming for exponential innovation and resilience [10][12] - The company is pursuing targeted acquisitions, investments, and joint ventures to enhance its capabilities, including the acquisition of IC'ALPS, which will strengthen its ASIC design capabilities [18][69] Management's Comments on Operating Environment and Future Outlook - Management expects 2025 to be a year of execution and scale, with significant improvements in performance compared to 2024, supported by a solid cash position and ongoing technology investments [26][27] - The company is well-positioned to benefit from the European rearmament trend and increased NATO spending on secure communications and encryption [94][95] Other Important Information - The SEALPhone, an ultra-secure smartphone, is currently in testing mode and integrates WISeID and SEALCOIN enabled security features [26] - The company is developing a transactional-based service leveraging blockchain technology for secure transactions in smart city applications [81] Q&A Session Summary Question: Can you provide more detail about the pipeline number and its competitiveness? - The pipeline is valued based on estimated client opportunities, with a conservative approach taken. The market for TPM and post-quantum solutions has significant barriers to entry, and the company is confident in its competitive position [39][42] Question: When will visibility into volumes for post-quantum chips be available? - Active discussions are ongoing with clients, and visibility into demand is expected by the end of the year, particularly after the half-year results [45][50] Question: What are the expectations for margins and inventory levels in 2025? - Margins are expected to improve in the second half of 2025, with legacy product pricing remaining stable despite reduced demand [52][54] Question: How is the Swiss Army contract progressing and expected revenue? - The contract is live, but revenue will be small initially as the project is still in the R&D phase, with more significant contributions expected in 2026 and beyond [60][62] Question: What is the status of the IC'ALPS acquisition and its expected contribution? - The acquisition is pending government approval, with a focus on enhancing ASIC design capabilities. Revenue guidance will be provided upon closing the deal [69][72]

Industry Dynamics - The semiconductor industry is highly cyclical and competitive, with significant revenue derived from a limited number of major customers[33]. - The semiconductor industry is highly cyclical, with significant downturns occurring in 1997/1998, 2001/2002, 2008/2009, early 2020, and 2022/2023, often linked to economic conditions and product life cycles[61]. - The company faces increased volatility and instability in the semiconductor business, making it difficult to forecast demand trends and potentially adversely affecting financial results[63]. - The semiconductor segment revenue is primarily derived from IT infrastructure, utilities distribution, and access control modules, with demand fluctuating significantly based on consumer spending and economic conditions[71]. - The demand for semiconductor products is closely tied to the success of customers' end products, which can lead to unpredictable revenue and financial forecasting challenges[71]. Economic and Geopolitical Factors - Global inflationary pressures have not materially affected gross margins, but continued inflation may adversely impact business and financial condition[49]. - The ongoing geopolitical tensions, including the Russia-Ukraine conflict and the Israel-Hamas war, may adversely affect global economic conditions and capital markets[36]. - The company faces risks related to international expansion, including trade barriers and currency fluctuations, which could hinder growth[43]. - The imposition of trade measures by the U.S. government could adversely affect global operations and financial results[40]. Cybersecurity and Compliance - Cybersecurity incidents could disrupt service delivery and damage reputation, impacting business operations[51]. - Compliance with high security standards such as Webtrust and ISO27001 is essential for mitigating cybersecurity risks, which could have a material adverse effect on business operations if breached[53]. - The company has implemented a Global Security Director and a Security Board to oversee cybersecurity risks and develop action plans annually[54]. - Regulatory scrutiny and public opinion regarding hardware security may impact the company's ability to attract customers and partners, particularly in areas like AI and data privacy[70]. - The company is subject to increasing legal and regulatory scrutiny regarding AI usage, which could impose additional compliance obligations and increase development costs[81]. Financial Performance and Projections - Fiscal year 2024 revenue was approximately $12 million, a decline from $31 million in fiscal year 2023, primarily due to customers shifting to next-generation post-quantum cryptography products[88]. - 92% of the Group's revenue for the year ended December 31, 2024, was derived from SEALSQ, indicating a high dependency on its financial performance[92]. - The company may face significant losses in the future due to slowing demand, increasing competition, and other unforeseen factors[188]. - The company has reported an accumulated cumulative deficit of USD 294,407,572, an increase from USD 280,960,811 in 2023 and USD 265,635,281 in 2022[187]. Supply Chain and Operational Risks - The company is dependent on timely supply from subcontractors, and any delays could result in lower or lost revenues[35]. - The supply chain is dependent on third-party suppliers, and any failure to meet increased demand could impact the company's ability to capitalize on business opportunities[108]. - The company relies on third-party suppliers for integrated circuits, facing risks such as supply chain disruptions and raw material shortages that could adversely affect revenues and profitability[110]. - The company does not have long-term contracts with major suppliers, relying on quarterly purchase orders, which exposes it to risks of supplier termination and capacity limitations[115]. - The company’s IC products depend on third-party foundries, and any failure to secure sufficient foundry capacity could significantly delay product shipments[116][117]. Competition and Market Position - The company faces intense competition in the digital security market from larger firms with greater resources, which may impact its ability to maintain or improve its competitive position[124][125]. - The company faces competition from semiconductor competitors like Infineon and NXP, which could impact its market position[150]. - The company must continually adapt to changing market needs and enhance existing products to avoid losing customers and market share[128][134]. Research and Development - Research and development efforts may not yield successful products or enhancements, posing risks to future revenue generation and operational benefits[137]. - The company must effectively manage its intellectual property rights to protect its innovations and maintain competitive advantages[152][154]. Customer Dependency and Sales Risks - The company's top ten customers accounted for 67% of its revenue in the year ended December 31, 2024[160]. - The company is at risk of clients delaying or withdrawing purchase orders, which could adversely affect its business and financial condition[162]. - The company's ability to fulfill volume predictions is contingent on customers winning significant contracts, which introduces additional market risks[136]. Financial Instruments and Capital Structure - The company has authorized the issuance of up to 1,618,117 new Class B Shares until June 27, 2029, which could increase share capital without further shareholder approval[197]. - The company entered into a Subscription Agreement for up to $15 million in Convertible Notes with Anson, with an initial tranche of $1.25 million, and as of December 31, 2024, Anson converted $1.24 million into 344,598 Class B Shares[202]. - The company is exposed to fluctuations in exchange rates due to its international operations, which may affect revenue and expenses denominated in currencies other than USD[204]. Legal and Regulatory Challenges - Regulatory non-compliance could impact the company's reputation and financial results, with evolving requirements posing ongoing challenges[166]. - Changes in privacy regulations may diminish the value of services offered by the company, potentially leading to customer loss[167]. - The company faces potential legal risks from claims and litigation, which could lead to significant costs and operational disruptions[218][219]. Human Resources and Management - The company is dependent on highly skilled personnel, and failure to attract and retain them could harm its business growth[143][145]. - Employment laws in certain countries may restrict the company's operational flexibility and ability to respond to market changes[220]. - Obligations as a public company require significant resources and management attention, which may affect operational focus[179].

Core Viewpoint - WISeKey International Holding Ltd has enhanced its WISeID identity management system to empower users with control over their digital identities amidst geopolitical uncertainties and the centralization of technology resources [1][2]. Group 1: Digital Identity Control - The importance of maintaining control over digital identities is emphasized due to current geopolitical tensions and the centralization of technology [2]. - Many platforms force users to create digital identities within their ecosystems for commercial exploitation rather than consumer service [3]. Group 2: WISeID Enhancements - WISeID introduces free identity validation using facial recognition technology to verify users' identities through official documents [6]. - New types of digital certificates are available, including free certificates valid for three months and subscription-based basic certificates valid for two years [7]. - A new document signing service allows users to sign PDF documents securely without manual certificate creation, requiring only a valid WISeID account [8]. - Corporate identity management services enable organizations to provide secure identity services to employees and customers, streamlining user identity creation and certificate management [9]. Group 3: Company Background - WISeKey has over 25 years of experience in digital identity solutions, focusing on user autonomy and integration with blockchain technologies [4]. - The company operates through several subsidiaries, each specializing in different technology areas, contributing to its mission of securing the internet [11][12].

Core Insights - WISeKey International Holding Ltd. is hosting an exclusive reveal of Yan Balestra's artwork "Anvil Wonderland" at its Geneva headquarters from January 30 to February 2, 2025, coinciding with the ArtGeneve contemporary art fair [1][11] - The exhibition will showcase a blend of physical and digital art, featuring a unique acrylic on canvas piece and an accompanying NFT animation, providing a phygital experience for collectors [3][4][12] Company Overview - WISeKey operates as a global leader in cybersecurity, AI, Blockchain, and IoT, with various subsidiaries focusing on specific technology areas, including the WISe.ART platform for NFTs [1][14][15] - The company aims to secure digital identity ecosystems using advanced technologies, having deployed over 1.6 billion microchips across various IoT sectors [15] Artist and Artwork Details - Yan Balestra is recognized for his Neo-Pop aesthetic, combining elements of extreme sports culture and retro-futurism, with his alter-ego Yonel representing themes of exploration and imagination [5] - "Anvil Wonderland" is a 60 x 80 cm acrylic piece that features vibrant colors and a dynamic composition, alongside a 9-second NFT animation that enhances the viewer's experience [3][4] Event and Sales Information - The opening exhibition will take place on January 29, 2025, offering an intimate setting for collectors and art enthusiasts to engage with Balestra's work [11] - NFTs associated with the projects will be available for purchase using cryptocurrencies or credit cards on the WISe.ART platform, emphasizing the integration of traditional and digital art [12][13] Related Projects - Espace_L will present a selection of NFTs at ArtGeneve, while Soren Sorenson's "20 Song" project will explore the role of AI in music creation, inviting public participation [7][9] - The SpinDreams project, initiated in 2022, aims to bridge analog and digital realities, showcasing the interplay between technology and nature [6]

Core Insights - WISeKey has integrated its SEALCOIN with the WISeSAT satellite platform, enabling secure, decentralized cryptocurrency transactions via low-orbit satellites, enhancing global financial inclusion and blockchain infrastructure [1][4] - The integration utilizes WISeSAT satellites secured by SEALSQ's VIC-408 semiconductor technology, allowing them to act as blockchain nodes to validate and secure SEALCOIN transactions [2][4] - This technology is particularly beneficial for remote areas lacking traditional internet access, providing reliable connectivity and enabling IoT devices to autonomously execute microtransactions [3][4] Technology and Security - SEALCOIN transactions benefit from advanced cybersecurity technologies, including post-quantum cryptography, ensuring protection against emerging cyber threats [4] - The integration promotes decentralization, resilience, and global accessibility within the financial ecosystem [4] Company Overview - WISeKey International Holding Ltd is a leader in cybersecurity, digital identity, and IoT solutions, operating through several subsidiaries focused on specific technology areas [5][6] - The company has deployed over 1.6 billion microchips across various IoT sectors, playing a crucial role in securing the Internet of Everything [6]