Core Insights - SEALSQ Corp has provided FY 2025 revenue guidance of $16.0 million to $20.0 million, indicating year-on-year growth of 45% to 82% [1][5] - The company is focusing on new offerings such as Quantum Resistant Chips, the Quantix Edge Partnership, and the acquisition of IC'ALPS ASIC to drive revenue growth and global expansion in 2026 [1][3] Financial Performance - Preliminary unaudited revenue for H1 2025 was $4.8 million, consistent with H1 2024, reflecting a transitional phase towards post-quantum semiconductors [5] - Cash reserves increased to $120 million as of June 30, 2025, up from $19 million a year earlier, providing substantial liquidity for innovation and expansion [5][8] - The company anticipates H2 2025 revenues between $11 million and $15 million, driven by major commercial projects and the consolidation of IC'ALPS revenues [4] Growth Catalysts - The acquisition of IC'ALPS for EUR 12.5 million is expected to enhance SEALSQ's custom chip and IP development capabilities [7][10] - The Quantix Edge project, with a total investment of EUR 40 million, will further support SEALSQ's growth, with the company contributing approximately 25% [10] - SEALSQ's business pipeline has grown to $145 million in revenue opportunities for 2026 to 2028, driven by demand for quantum-resistant security solutions [5] Strategic Initiatives - SEALSQ is advancing its post-quantum chip portfolio, including the QVault™ Trusted Platform Module (TPM) and QS7001™ hardware platform, aimed at critical sectors like defense and automotive [11][12] - The company is positioned to meet emerging cybersecurity mandates, enhancing its role as a trusted partner for governments and enterprises [13] - SEALSQ's strategic investments in quantum technologies, including a $10 million investment in WISeSat.Space, are expected to drive commercialization in H2 2025 [7][8]

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]

Core Viewpoint - SEALSQ Corp, a member of the WISeKey Group, has signed a Share Purchase Agreement to acquire 100% of IC'ALPS, a specialist in ASIC design and supply, indicating a strategic move to enhance its capabilities in semiconductor and post-quantum technology solutions [1][2]. Group 1: Acquisition Details - The acquisition of IC'ALPS is the result of exclusive negotiations that began on February 27, 2025, and is now subject to regulatory approval from the French Ministry of the Economy [2]. - The transaction is expected to be completed in the third quarter of 2025, pending the satisfaction of closing conditions [3]. Group 2: About IC'ALPS - IC'ALPS is based in Grenoble, France, and specializes in Application Specific Integrated Circuits (ASIC) and Systems on Chip (SoC) development, offering a complete service from circuit specification to production supply chain management [4]. - The company employs over 100 engineers with expertise in various circuit technologies, including analog, digital, and mixed-signal circuits, and operates with multiple foundries [4]. Group 3: About SEALSQ - SEALSQ is recognized for its innovations in Post-Quantum Technology, focusing on hardware and software solutions that integrate semiconductors and Public Key Infrastructure (PKI) [5][6]. - The company aims to address security challenges posed by quantum computing by developing quantum-resistant cryptography and semiconductors for various applications, including healthcare, automotive, and industrial systems [6]. Group 4: About WISeKey - WISeKey International Holding Ltd is a global leader in cybersecurity, digital identity, and IoT solutions, operating through several subsidiaries, including SEALSQ [9][10]. - The company has deployed over 1.6 billion microchips across various IoT sectors, playing a crucial role in securing the Internet of Everything [10].

Core Viewpoint - SEALSQ Corp's QVault Trusted Platform Module (TPM) achieves compliance with the highest-security parameter sets of NIST-standardized CRYSTALS-Dilithium and CRYSTALS-Kyber algorithms, reinforcing its position in quantum-resistant security solutions for various markets [1][2][8] Group 1: Technology and Compliance - QVault TPM is compliant with ML-DSA-87 and ML-KEM-1024, which are the most robust variants of post-quantum cryptography algorithms standardized by NIST [2][3] - ML-DSA-87 features a public key size of 1,952 bytes and a signature size of 4,595 bytes, targeting security equivalent to AES-256, making it suitable for applications requiring long-term data integrity [7] - ML-KEM-1024 has a public key size of 1,568 bytes and a ciphertext size of 1,568 bytes, also achieving AES-256-equivalent security for robust key exchange [7] Group 2: Market Demand and Industry Trends - The demand for quantum-resistant cryptography is increasing due to advancements in quantum computing, with predictions of relevant quantum computers emerging within a decade [4] - Industry leaders like IBM emphasize the importance of these standards for protecting encrypted data, with expectations of significant adoption in products for government and financial services [5] - Cloudflare reported that nearly 2% of TLS 1.3 connections were PQC-secured by early 2024, with expectations of double-digit adoption by year-end [5] Group 3: Applications and Use Cases - QVault TPM supports a range of applications, including secure firmware signing, quantum-safe authentication for IoT devices, and secure vehicle-to-everything communications [8][13] - The integration of ML-DSA-87 and ML-KEM-1024 into QVault TPM provides a tamper-resistant environment for cryptographic operations and key storage [8] - SEALSQ's technology is designed to address urgent security challenges posed by quantum computing across various sectors, including defense, IoT, and automotive [10]

Core Insights - SEALSQ Corp is advancing its QS7001 Chip, designed to enhance blockchain security against quantum computing threats, with a release expected in Q4 2025 [1][8] - The QS7001 Chip utilizes NIST-compliant post-quantum cryptographic algorithms to protect digital assets and transactions [1][2] Company Overview - SEALSQ Corp specializes in developing semiconductors and post-quantum technology hardware and software solutions [9][10] - The company focuses on integrating quantum-resistant cryptography into various applications, ensuring robust protection against emerging quantum threats [9][10] Product Features - The QS7001 Chip incorporates quantum-resistant algorithms such as CRYSTALS-Kyber and CRYSTALS-Dilithium to maintain data integrity [2][7] - Key features include tamper-resistant hardware, seamless integration with existing blockchain infrastructures, and protection against digital signature forgery and smart contract manipulation [7][8] Strategic Collaborations - SEALSQ is collaborating with Hedera to integrate the QS7001 Chip into its blockchain ecosystem, enhancing transaction authentication and security [4][5] - The partnership with WeCan aims to embed post-quantum security features into its digital identity and asset infrastructure, ensuring compliance and protection for tokenized data [5][6] Industry Context - The increasing adoption of blockchain technology across various sectors necessitates quantum-secure infrastructure to protect against potential quantum attacks [3][6] - The "harvest now, decrypt later" strategy poses a real threat, prompting the need for proactive measures like the QS7001 Chip to secure historical and future data [6][8]