WISeKey International Holding Ltd
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WISeKey Updates on the Negotiations to Acquire 100% of IC'ALPS
Globenewswire· 2025-05-22 16:35
Core Viewpoint - WISeKey International Holding Ltd is in exclusive negotiations to acquire 100% of IC'ALPS, a specialist in ASIC design and supply, to enhance its semiconductor capabilities and meet growing sector demand [1][2]. Acquisition Details - The acquisition is based on a Letter of Intent and is subject to a Share Purchase Agreement and closing conditions [2]. - The fixed purchase price is set at EUR 12.5 million, consisting of EUR 10 million in cash and EUR 2.5 million in SEALSQ shares, with an additional earn-out payment of up to EUR 4 million based on IC'ALPS achieving revenue over EUR 11 million in 2025 [6]. Financial Performance of IC'ALPS - For the year ended December 31, 2024, IC'ALPS reported draft unaudited revenue of EUR 9.756 million and a net loss of EUR 2.016 million, compared to revenue of EUR 8.465 million and a net income of EUR 318,000 in 2023 [3]. - Excluding sales to SEALSQ, the net loss for 2024 would increase to EUR 2.631 million, while the net income for 2023 would turn into a net loss of EUR 850,000 [4]. Strategic Importance - The acquisition is expected to add approximately 100 skilled employees from IC'ALPS, enhancing SEALSQ's capabilities in ASIC development [2]. - IC'ALPS operates in various sectors including medical, industrial, automotive, IoT, and digital identity, which aligns with SEALSQ's focus on post-quantum technology [8][10].
SEALCOIN Unveils Major Milestones: From Satellite-Powered IoT Transactions to Launch of Marketing Campaign Ahead of Token Sale
Globenewswire· 2025-05-22 13:20
Core Insights - SEALCOIN AG, a subsidiary of WISeKey, is advancing towards its token launch with significant milestones in decentralized IoT transactions [1][5] - The latest version of the SEALCOIN WhitePaper introduces an upgraded tokenomics model aimed at enhancing utility and governance for the upcoming TIOT token [2] - The Minimum Viable Product (MVP) of the SEALCOIN platform has been launched and is currently in beta testing, allowing real-time peer-to-peer device transactions [3] - A successful device-to-device transaction over satellite was completed in April 2025, demonstrating SEALCOIN's capability for secure microtransactions in off-grid environments [4] Company Overview - SEALCOIN is designed to enable scalable transactional IoT by embedding secure payment and authentication capabilities into IoT devices [6] - WISeKey operates as a Swiss-based holding company with several subsidiaries focusing on various technology aspects, including cybersecurity, digital identity, and IoT solutions [8] - WISeKey has deployed over 1.6 billion microchips across various IoT sectors, playing a crucial role in securing the Internet of Everything [9] Use Cases - Key use cases for SEALCOIN include energy trading, Device-as-a-Service (DaaS), smart home automation, and a data marketplace for secure IoT data exchange [7]
WISeKey Launches WISe.ART 3.0, One of the World’s First and Largest Web3 Marketplaces for Digital Art, Twins, NFTs, and Crypto Collectibles
Globenewswire· 2025-05-21 05:00
Core Viewpoint - WISeKey has launched WISe.ART 3.0, a significant Web3 marketplace for digital art, NFTs, and crypto collectibles, enhancing the trading and authentication of digital assets [1][2]. Group 1: Key Features of WISe.ART 3.0 - The platform supports native Web3 integration, allowing users to connect their Metamask or Walletconnect wallets securely [5]. - A complete overhaul of the platform's structure enables multi-device support, making it accessible on desktops, tablets, and mobile devices [5]. - WISe.ART NFTs are linked to physical objects, ensuring authenticity and provenance [5]. - Artists can utilize smart contracts for automated royalty structures and monetization strategies [5]. - Advanced cybersecurity measures and post-quantum resilience protect transactions and interactions on the platform [5]. - Crossmint integration allows users to purchase NFTs using credit/debit cards and other fiat currencies, facilitating easier access to digital art [5][8]. Group 2: Social Impact and Collaborations - WISe.ART has partnered with ONUART and the UN for NFT auctions aimed at funding school-building initiatives in Africa, blending philanthropy with digital innovation [5]. - The platform has supported social causes through limited-edition NFT drops, such as the one for the Antonio Banderas Foundation [5]. Group 3: Market Position and Future Outlook - WISe.ART 3.0 aims to democratize digital expression, enabling a broader audience to create and monetize their artistic visions [7]. - A new physical space in Geneva will showcase digital works, bridging historical and modern technologies [7]. - The platform is designed to facilitate easy access to digital art, allowing purchases without the need for cryptocurrency [8].
WISeKey International Holding Ltd Announces Agenda Items to be Approved by Shareholders at its 2025 Annual General Meeting Scheduled for June 19, 2025
Globenewswire· 2025-05-20 16:15
Core Viewpoint - WISeKey International Holding Ltd has announced the agenda items for approval by shareholders at its 2025 Annual General Meeting scheduled for June 19, 2025, in Zurich, Switzerland [1][2]. Group 1: Shareholder Meeting Details - The 2025 AGM will take place at 2:00 p.m. CEST on June 19, 2025, at the offices of Homburger AG in Zurich, Switzerland [1]. - Shareholders can attend the AGM in person or exercise their voting rights electronically or through written instructions to an independent voting rights representative [2]. Group 2: Key Agenda Items - Approval of the Annual Report 2024, including audited consolidated and statutory financial statements [5]. - Discharge of the Board and Executive Management for their activities during the financial year ended December 31, 2024 [5]. - Increase of the capital band by amending Article 4a of the Articles of Association, raising the upper limit from CHF 585,875.16 to CHF 636,095.10 [5]. - Increase of conditional share capital for convertible and similar financial instruments from CHF 31,917.40 to CHF 168,031.70 [5]. - Increase of conditional share capital for share-based compensation plans from 176,430 Class B Shares to 400,000 Class B Shares [5]. - Re-election of all eight current members of the Board of Directors for a term extending until the next AGM [5]. - Re-election of the Nomination & Compensation Committee and the statutory auditor [5]. Group 3: Company Overview - WISeKey is a global leader in cybersecurity, digital identity, and IoT solutions, operating through several subsidiaries focused on specific technology areas [3][4]. - The company has deployed over 1.6 billion microchips across various IoT sectors, playing a crucial role in securing the Internet of Everything [4].
SEALSQ to Invest $10 Million in WISeSat.Space to Accelerate Satellite Constellation Deployment, Space-Based Quantum Key Distribution (QKD) Communications, and Decentralized IoT Transactions
Globenewswire· 2025-05-14 13:10
Core Insights - SEALSQ Corp plans to invest $10 million in WISeSat.Space to enhance satellite constellation deployment and secure communications through Quantum Key Distribution (QKD) technology [1][2] - This investment aims to establish a quantum-resilient satellite network for ultra-secure communications and transactional IoT services [2] - The global quantum communication market is projected to grow at a CAGR of 31.8% from 2025 to 2030, reaching over $1 billion in 2024, driven by the need for enhanced security across various sectors [5] Investment and Strategic Goals - SEALSQ's investment is subject to final approval by its Board of Directors and represents a significant step towards building a secure satellite network [2] - The investment will enable SEALSQ to connect and secure trillions of IoT devices globally, creating a "Satellite-as-a-Service" revenue model [4] - The upcoming June 2025 mission will demonstrate SEALCOIN's capability for decentralized transactions between satellites and IoT devices [3] Technology and Market Position - QKD provides unmatched security by utilizing quantum mechanics, making it essential for safeguarding sensitive data in finance, healthcare, and defense [6][8] - SEALSQ and WISeKey aim to capture a leadership position in the quantum communication market by integrating QKD with satellite infrastructure [6] - The deployment of WISeKey's Quantum RootKey will ensure secure transactions and data privacy, protecting against both classical and quantum threats [10] Future Developments - WISeKey is preparing for multiple satellite deployments in 2025 to expand its network and enhance IoT connectivity [7] - The industrialization of WISeSat's Satellite-as-a-Service platform is expected to accelerate the adoption of quantum-secure services globally [11] - SEALSQ's focus on Post-Quantum Technology aims to address security challenges posed by advancing quantum computing [12][13]
SEALSQ to Lead the World's First Space-Based Quantum Key Distribution Proof-of-Concept with the June 2025 Launch of WISeSat 2.1 Embedding WISeKey Quantum RootKey
GlobeNewswire News Room· 2025-05-09 13:20
Core Viewpoint - SEALSQ Corp, in collaboration with WISeKey International Holding Ltd and WISeSat.Space AG, is set to launch the WISeSat 2.1 satellite in June 2025, which will feature SEALSQ's WISeKey Quantum RootKey technology, marking a significant advancement in protecting satellite communications from quantum cyberattacks [1][6]. Group 1: Technology Overview - The WISeKey Quantum RootKey is a hardware-based root-of-trust technology that secures key generation, storage, and management directly on the satellite, making it resistant to quantum decryption attacks [2]. - This technology utilizes NIST-recommended post-quantum algorithms such as CRYSTALS-Kyber and CRYSTALS-Dilithium to ensure secure authentication, encryption, and data integrity against future quantum computing threats [2][3]. Group 2: Applications and Benefits - The deployment of the Quantum RootKey in WISeSat 2.1 addresses increasing risks of key extraction, spoofing, and eavesdropping faced by satellites due to advancements in quantum computing capabilities [3]. - The technology provides a resilient security architecture that includes hardware-based anti-tamper protections, ensuring that any interception of quantum key exchanges is immediately detectable [3]. - The integration of post-quantum technologies in WISeSat is expected to enhance critical applications such as positioning, navigation, and timing (PNT) systems, vital for both space missions and terrestrial infrastructure [4]. Group 3: Future Prospects - The innovations from SEALSQ open avenues for future resource exploration and mining in extraterrestrial environments, facilitating secure communication and navigation systems essential for deep space operations [5]. - The unique conditions of space, such as microgravity, allow for the manufacturing of advanced materials and testing of quantum applications, potentially leading to the development of un-hackable communication networks [5]. Group 4: Strategic Importance - The WISeSat 2.1 mission positions Europe and its allies to enhance their sovereignty in space-based communications amid rising geopolitical and cybersecurity tensions [6]. - By establishing a quantum-resistant satellite security infrastructure, SEALSQ aims to secure critical layers of global digital trust [6]. Group 5: Company Profile - SEALSQ is recognized as a leading innovator in Post-Quantum Technology, focusing on hardware and software solutions that integrate semiconductors, PKI, and provisioning services to address security challenges posed by quantum computing [7][9]. - The company is developing Post-Quantum Semiconductors that provide robust protection for sensitive data across various applications, ensuring organizations remain secure against quantum threats [9].
WISeKey and OISTE.ORG Generate and Launch a Post-Quantum Cryptography Root Key to Defend Against Quantum Cyber Threats
Globenewswire· 2025-05-07 05:00
Core Viewpoint - WISeKey and OISTE.ORG have launched the "Quantum Root Key," a post-quantum cryptography solution aimed at securing digital identities and communications against quantum computing threats [1][3][7] Group 1: Quantum Computing Threats - The rise of quantum computing poses a significant risk to current encryption methods, as it can break traditional encryption schemes that rely on factoring large prime numbers [2] - A new cryptographic paradigm is necessary to address these vulnerabilities, as simply increasing key lengths is insufficient [2] Group 2: Quantum Root Key and PQC Algorithms - The "Quantum Root Key" utilizes NIST-standardized Post-Quantum Cryptography (PQC) algorithms, including ML-DSA, ML-KEM, and FALCON, which are designed to withstand quantum attacks [3][4] - This new root of trust enables secure authentication, quantum-safe encryption, and long-term data integrity for critical systems across various sectors [4] Group 3: Applications and Benefits - The Post-Quantum Trust Services will support the issuance and management of quantum-resistant digital certificates, benefiting sectors that require long-term confidentiality, such as defense, healthcare, finance, and telecommunications [4][5] - The platform's certificates maintain a structure similar to traditional certificates but utilize larger key sizes to prevent exploitation by quantum adversaries [5] Group 4: Real-World Adoption and Infrastructure - WISeKey's subsidiary SEALSQ Corp is launching the SEALSQ Quantum Lab to facilitate access to PQC-PKI infrastructure for pilot projects and early-stage deployment of quantum-resistant certificates [6] - This lab aims to become a reference hub for organizations looking to enhance their digital security strategies against quantum threats [6] Group 5: Company Overview - WISeKey is a global leader in cybersecurity, digital identity, and IoT solutions, operating through various subsidiaries focused on specific technology areas [8][9] - The company has deployed over 1.6 billion microchips across IoT sectors, playing a crucial role in securing the Internet of Everything [9]
SEALSQ's Advanced Cybersecurity Solutions for Drone and Satellite Telecommunications, Position It as a Technology Leader in Key Sectors Including Defense, Smart Farming and Logistics
GlobeNewswire News Room· 2025-05-06 13:25
Core Insights - SEALSQ Corp is enhancing its position in the cybersecurity market for unmanned aerial vehicles (UAVs) and satellite telecommunications through strategic partnerships and technological advancements [1][2][5] Group 1: Strategic Partnerships - SEALSQ has formed partnerships with Parrot and AgEagle Aerial Systems to integrate its secure elements into their UAV products, ensuring robust cybersecurity for various applications [2][3] - Parrot has incorporated SEALSQ's NIST FIPS 140-2 Level 3 certified secure elements into its flagship drone models, enhancing cryptographic operations and software integrity [2] - AgEagle's eBee VISION UAS, designed for intelligence and reconnaissance missions, also utilizes SEALSQ's secure elements to protect sensitive data [3] Group 2: Technological Advancements - SEALSQ's 2025 roadmap includes the launch of Quantum-Resistant Secure Chips, such as the QS7001 Platform and QVault Trusted Platform Module, to address emerging quantum computing threats [4] - The company is developing a picosatellite constellation, WISeSat, to provide secure IoT connectivity, which is critical for defense and logistics [5][6] - SEALSQ's collaboration with WISeKey aims to integrate quantum-resistant semiconductors into WISeSat picosatellites, ensuring secure communications for defense applications [5][6] Group 3: Market Position and Financial Outlook - The global UAV market is projected to reach $38 billion by 2027, positioning SEALSQ as a trusted security partner in this growing sector [2] - SEALSQ has a $93 million pipeline over the next three years, indicating strong demand for its quantum-resistant semiconductors and IoT security solutions [8] - The company is expanding its global footprint through partnerships to establish chip design and customization centers in Spain and the United States, supported by government incentives [8]
WISeKey Confirms June Launch of Next-Generation WISeSat Satellite with SpaceX Featuring Encrypted Communications and SEALCOIN Integration
Globenewswire· 2025-05-01 11:15
Core Insights - WISeKey International Holding Ltd is set to launch its next-generation WISeSat.Space satellite in June 2025 aboard a SpaceX mission, marking a significant advancement in secure space communications and Transactional IoT solutions [3][19] - The new satellite will feature secure encrypted communications with WISePhone devices and integrate SEALCOIN for machine-to-machine transactions from space, enhancing the utility of WISeSat.Space's constellation [4][19] Technological Innovations - The upcoming satellite introduces capabilities for secure, encrypted communications and decentralized transactions, supporting a fully decentralized IoT and communications network [4][19] - WISeSat satellites are compact picosatellites utilizing SEALSQ semiconductors and advanced cryptographic keys, including quantum-resistant algorithms, optimized for secure data collection in remote areas [7][18] Strategic Importance - This development supports European independence in satellite communications, ensuring data sovereignty and reducing reliance on non-European providers, aligning with EU objectives for technological resilience [5][19] - The launch represents a major leap in enabling trusted connectivity and secure IoT transactions, reinforcing WISeKey's commitment to advancing digital infrastructure from space [19] Applications and Use Cases - WISeSat technology is applicable in various sectors, including precision agriculture, environmental monitoring, industrial automation, and healthcare, providing critical connectivity in remote areas [11][12][14] - The satellite will enhance disaster response capabilities by ensuring continuous data transmission during emergencies, aiding in faster, data-driven response coordination [15][19] Cybersecurity Features - WISeSat integrates advanced cryptographic technologies, including post-quantum encryption, making it suitable for high-security applications in defense and critical infrastructure [16][19] - The platform supports remote identity management, enabling secure authentication of devices and users over satellite links [16]
SEALSQ Organizes French Quantum and Space Day: Leading Experts in Quantum, Post-Quantum, and Space Security Gather near Marseille for a Unique Technology Showcase
Globenewswire· 2025-04-28 12:30
Core Viewpoint - SEALSQ Corp is hosting the French Quantum and Space Day on May 12-13, 2025, focusing on the urgent need for post-quantum security in space infrastructure to protect against quantum-enabled threats [1][2][11]. Group 1: Event Details - The event will take place at Hotel Le Fregate, Saint-Cyr-sur-Mer, France, and will gather global experts in quantum computing, cybersecurity, and space infrastructure [1]. - The agenda includes a Strategic Partner Summit on May 12, followed by a Public Quantum and Space Conference on May 13, featuring keynote speakers and expert discussions [3][9]. Group 2: Keynote Speakers and Participants - Dr. Dava Newman from MIT Media Lab will deliver the opening keynote, focusing on human-centered engineering and space exploration [4][6]. - Carlos Creus Moreira, CEO of SEALSQ, will participate in a fireside chat, emphasizing the importance of building a trusted foundation for future cybersecurity [4][5]. Group 3: Industry Context - The event highlights the critical need for post-quantum security as satellite systems become essential for various operations, including defense and communications [2][11]. - SEALSQ is positioned as a leader in developing semiconductor and cybersecurity solutions that address the vulnerabilities introduced by quantum computing [12][15]. Group 4: Technology Focus - SEALSQ is pioneering post-quantum semiconductors designed to protect sensitive data across multiple sectors, including healthcare, defense, and industrial automation [16]. - The company aims to integrate post-quantum cryptography into its semiconductor solutions to enhance security against quantum threats [16].