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.

Cycurion may now provide cybersecurity services and products to the 30 ICUF member institutionsMCLEAN, Va., June 12, 2025 (GLOBE NEWSWIRE) -- Cycurion, Inc. (Nasdaq: CYCU) (“Cycurion” or the “Company”), a trusted leader in IT cybersecurity solutions and AI, announces they have partnered with ICUF as a Preferred Vendor to bring a line of robust cybersecurity solutions to 30 ICUF member institutions. Recognizing that higher education institutions manage vast amounts of sensitive data—including personal, finan ...

Core Insights - Commvault will showcase its cyber resilience and data protection solutions at AWS re:Inforce from June 16-18, 2025, in Philadelphia [1][2] Company Highlights - Commvault is a leading provider of cyber resilience solutions, helping over 100,000 organizations maintain data safety and business continuity [6] - The company offers a comprehensive cyber resilience platform that integrates data security and rapid recovery across various workloads, emphasizing low total cost of ownership (TCO) [6] Event Participation - Commvault will exhibit at booth 631, providing product demonstrations of its Cloud platform and discussing the benefits of its solutions for early threat detection, accelerated response, and fast recovery of clean data [2][3] - A speaking session featuring Commvault CSO Bill O'Connell is scheduled for June 17 at 3:00 pm, focusing on current cybersecurity challenges and best practices for AWS customers [3] - Commvault CTO Brian Brockway will present on June 17 at 12:00 pm at booth 1322, discussing the integration of Commvault Cloud with Wiz and its impact on cyber resiliency and recovery [4] Product Offerings - Commvault's solutions include Cleanroom Recovery for testing cyber recovery plans, Clumio Backtrack for rapid recovery of datasets in Amazon S3, Cloud Rewind for restoring clean data, Air Gap Protect for immutable data storage, and Threat Scan for active threat monitoring [6]

Core Insights - T-Mobile has implemented CLEAR1, a biometric multi-factor authentication (MFA) solution, to enhance identity verification processes for its employees and team members [1][2][3] - The CLEAR1 platform allows for seamless identity verification through simple actions like taking a selfie, moving away from traditional methods such as passwords and one-time PINs [2][3] - The deployment of CLEAR1 is part of T-Mobile's strategy to strengthen cybersecurity by focusing on verifying the individual rather than just their credentials [4] Company and Industry Summary - CLEAR1 provides organizations with a robust identity verification solution that utilizes biometric data, documents, and device corroboration to enhance security while minimizing friction for users [5] - The increasing sophistication of cyber threats necessitates the adoption of identity-first strategies, as highlighted by the significant financial losses from scams involving impersonation of IT workers [4] - CLEAR's mission is to enhance security and create frictionless experiences, with over 31 million members and a growing network of partners, indicating a strong market presence [5]

Trend Secure AI Factory supports NVIDIA NeMo continuous model safety evaluation and improvement lifecycleDALLAS, June 11, 2025 /PRNewswire/ -- Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global cybersecurity leader, today announced its adoption of the NVIDIA Agentic AI Safety blueprint, enhancing foundational security to help ensure customers' AI systems are protected across their full development and deployment lifecycle.To read more about how Trend enhances security across NVIDIA Enterprise AI fact ...

Core Insights - Palo Alto Networks (PANW) has transformed the Security Information and Event Management (SIEM) sector with the introduction of Extended Security Intelligence & Automation Management (XSIAM) in 2022, which is considered the successor to traditional SIEM technology [1][2] Company Overview - XSIAM is an advanced SIEM solution featuring AI-driven analytics, automation, enhanced threat detection and response, and streamlined alert prioritization [2] - Cortex XSIAM operates on a cloud-native platform, contrasting with traditional SIEM systems that are on-premises and utilize siloed data [3] - Traditional SIEM relies on signature and correlation rules, while XSIAM employs AI and machine learning techniques for risk detection and mitigation [3] Financial Performance - Cortex XSIAM's annual recurring revenues surged by 200% year-over-year in fiscal Q3 2025, with over 270 customers and an average annual recurring revenue of $1 million per customer [4][10] - The trailing 12-month bookings for XSIAM are approaching $1 billion, indicating strong enterprise adoption [4][10] - For fiscal 2025, Palo Alto Networks anticipates revenues between $9.17 billion and $9.19 billion, reflecting a year-over-year growth of 14.4% [5] Competitive Landscape - Competitors like CrowdStrike and IBM are also enhancing their SIEM offerings, with CrowdStrike's Next-Gen SIEM reporting over 100% ARR growth year-over-year [6][8] - IBM's QRadar SIEM Suite is cloud-native and integrates advanced features, positioning it as a competitor in the evolving SIEM market [7][8] Market Outlook - The traditional SIEM market is becoming outdated, prompting companies like Palo Alto Networks, CrowdStrike, and IBM to upgrade their solutions [8] - The total addressable market for XSIAM and Next-Gen SIEM is substantial, allowing for the growth of multiple players in the sector [8] Valuation and Estimates - Palo Alto Networks shares have increased by 7.9% year-to-date, compared to a 19.9% growth in the Zacks Security industry [9] - The company trades at a forward price-to-sales ratio of 12.72X, which is lower than the industry average of 14.52X [11] - Earnings estimates for fiscal 2025 and 2026 imply growth rates of 15.14% and 11.1%, respectively, with recent upward revisions for fiscal 2025 earnings [12]

Core Viewpoint - CrowdStrike's financial report shows solid growth despite challenges from a previous outage, with mixed results in key metrics, indicating resilience in its cybersecurity platform [3][10]. Financial Performance - Revenue for Q1 FY25 was $921 million, increasing to $1.1 billion in Q1 FY26, reflecting a 19% growth and meeting expectations [2]. - Earnings per share (EPS) decreased from $0.79 to $0.73, an 8% decline, but beat estimates [2]. - Net new Annual Recurring Revenue (ARR) fell from $212 million to $194 million, an 8% decrease [2]. - Free cash flow dropped from $323 million to $279 million, a 14% decline [2]. Cost and Margin Analysis - Subscription gross margin decreased by 100 basis points to 77% [5]. - The company reported a net loss of $110.2 million on a GAAP basis [5]. - Total operating expenses rose by 36% year over year to $939 million, primarily driven by increased sales and marketing expenses [5]. Customer Engagement and Growth Initiatives - The "Falcon Flex" licensing program is gaining traction, with total deal value increasing over 6 times year over year [6]. - A new $1 billion share-repurchase program has been approved by the board to help offset stock-based compensation and manage share growth [6][7]. Market Reaction and Future Outlook - Following the earnings report, CrowdStrike's stock fell 7% in aftermarket trading despite a 40% year-to-date increase prior to the report [8]. - The company forecasts Q2 FY26 EPS between $0.82 and $0.84, slightly above the consensus estimate of $0.81, with expected revenue growth to $1.14 billion to $1.15 billion [9]. - Full-year EPS guidance has been raised by $0.11, now projected between $3.44 and $3.56 [9]. Management's Perspective - Management remains optimistic about future growth, focusing on net new ARR reacceleration and margin expansion in the second half of FY26, supported by the Falcon Flex program and a strong pipeline [10][11].

Givoni is a tech leader and senior executive with over two decades of experience building and scaling technology companies in the cybersecurity, drones, AI, B2B software and AgTech industries Palo Alto, California, June 05, 2025 (GLOBE NEWSWIRE) -- Mobilicom Limited (Nasdaq: MOB), a provider of cybersecurity and robust solutions for drones and robotics, today announced the appointment of Guy Givoni to its Board of Directors. Mr. Givoni previously served on Mobilicom’s Advisory Board from 2017 through 2023. ...

Core Insights - Microsoft is aggressively expanding its cybersecurity services, recently launching the European Security Program and reporting strong growth in its security customer base [1][10] Group 1: Customer Growth and Engagement - Microsoft now serves 1.4 million security customers globally, with over 900,000 utilizing four or more security workloads, indicating a 21% year-over-year growth [2][10] - The growth in multi-workload users suggests deepening enterprise relationships and higher revenue per customer, which are critical for sustainable growth in the security segment [2] Group 2: Strategic Initiatives - The European Security Program offers free AI-based threat intelligence sharing to all 27 EU member states, positioning Microsoft as a trusted security partner and capturing future commercial opportunities [3] - The integration of AI into security operations is central to Microsoft's strategy, processing 84 trillion daily threat signals and introducing Security Copilot agents for high-volume security tasks [4] Group 3: Market Position and Competition - Microsoft's identity service Entra has over 900 million monthly active users, providing a strong foundation for cross-selling additional security services [5] - The cybersecurity market is intensifying, with Microsoft facing competition from CrowdStrike and Palo Alto Networks, which have different strategies and customer bases [7][8] Group 4: Financial Outlook - The Zacks Consensus Estimate for Microsoft's fiscal 2025 revenues is $278.8 billion, suggesting a 13.47% year-over-year growth, with earnings estimated at $13.33 per share, indicating a 12.97% year-over-year increase [9] - Microsoft's current stock valuation of 11.09 times forward sales exceeds the Zacks Computer - Software industry average of 9.16 times, reflecting the market's expectations for growth [11]

Core Points - CISO Global Inc. has successfully completed its SOC 2 Type II examination, validating its data privacy practices and security controls [1][2] - This marks the third consecutive year that CISO Global has achieved this certification, reflecting its commitment to security and operational excellence [3] - The SOC 2 audit assesses organizations based on five Trust Service Criteria: security, availability, processing integrity, confidentiality, and privacy [3] - A-LIGN, the auditing firm, emphasizes the importance of this achievement as a signal of trust and security for customers [4] Company Overview - CISO Global, Inc. is an industry leader in AI-powered cybersecurity software, managed cybersecurity services, and compliance solutions [5] - The company is headquartered in Scottsdale, Arizona, and focuses on protecting organizations from emerging cyber threats while ensuring compliance with regulations [5] Auditing Firm Overview - A-LIGN is recognized as a leading provider of cybersecurity compliance programs, offering services such as SOC 2, ISO 27001, HITRUST, FedRAMP, and PCI [6] - A-LIGN is noted for its expertise in conducting efficient audits and providing high-quality final reports [4][6]