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SEALSQ Announces FY 2025 Preliminary Unaudited Key Operational and Financial Metrics
Globenewswire· 2026-01-13 13:30
Geneva, Switzerland, Jan. 13, 2026 (GLOBE NEWSWIRE) -- Strong Balance Sheet With Over $425 Million in Cash Supports Global Quantum Ecosystem Expansion; $200 Million Pipeline Over the Next Three Years Supports Long-Term Growth SEALSQ Corp (NASDAQ: LAES) (“SEALSQ” or the “Company”), a leader in Semiconductors, PKI, and Post-Quantum technology today announced full-year (FY) 2025 key operational and financial metrics (all financial data are preliminary and unaudited). FY 2025 Revenue and Financial Highlights: ...
SEALSQ and Kaynes SemiCon Reach Final Agreement to Develop a Sovereign Indian Post-Quantum Semiconductor Joint Venture in Alignment with MeitY
Globenewswire· 2026-01-09 13:30
Core Viewpoint - SEALSQ Corp has established a joint venture with Kaynes SemiCon to create SEALKAYNESQ Ltd in India, focusing on developing a Sovereign Indian Post-Quantum semiconductor platform aligned with national digital sovereignty and security priorities [1][6]. Group 1: Joint Venture Details - The joint venture aims to develop a secure semiconductor design, test, and personalization center in India, moving beyond conventional OSAT models to create a high-assurance industrial platform for quantum-resistant technologies [2]. - SEALSQ will hold 51% of the joint venture's share capital, while Kaynes SemiCon will hold 49%, with governance shared through a five-member board [4]. - The joint venture will benefit from the Swiss–India Free Trade Agreement, which reduces customs duties on advanced semiconductor equipment, enhancing cost efficiency and facilitating trade [7]. Group 2: Technological Focus - The joint venture will deploy an Outsourced Semiconductor Test & Personalization (OSTP) facility, integrating advanced testing capabilities compliant with Common Criteria standards and embedding Post-Quantum Cryptography at the silicon level [3]. - SEALSQ's portfolio includes PQC-ready secure elements and Quantum Shield™ technology, aimed at future-proofing India's critical digital systems against quantum computing risks [5]. - The localized deployment of SEALSQ's Quantum Shield™ semiconductor architecture will provide long-term quantum resilience for Indian digital infrastructure [3]. Group 3: Strategic Importance - The joint venture is positioned as a strategic initiative to enhance India's semiconductor self-reliance and global competitiveness in trusted electronics manufacturing [7][8]. - The collaboration is expected to play a pivotal role in advancing India's ambition to become a global semiconductor hub, supported by government initiatives [8].
WISeKey International Holding AG (Nasdaq: WKEY) and Columbus Acquisition Corp. (Nasdaq: COLA) Announce Confidential Submission of Draft Registration Statement on Form F-4 in Connection with Proposed Business Combination
Globenewswire· 2025-12-29 21:05
Core Viewpoint - WISeKey International Holding AG and Columbus Acquisition Corp. are progressing towards a business combination, with a draft registration statement submitted to the SEC, marking a significant milestone in the merger process [1][4][6]. Group 1: Business Combination Details - The business combination will result in WISeSat and Columbus becoming wholly owned subsidiaries of a newly formed British Virgin Islands holding company, Pubco, which is expected to be listed on Nasdaq [4][6]. - WISeSat shareholders will receive Pubco shares valued at $250 million, with the exchange rate set at $10.00 per share [4][6]. - Columbus's trust account will contribute any remaining cash after shareholder redemptions to support Pubco's operations and commercialization efforts [5][6]. Group 2: WISeSat Overview - WISeSat, through its subsidiary WISeSat.Space AG, offers a next-generation satellite platform for secure and cost-effective IoT connectivity, utilizing post-quantum cryptographic technology [2][14]. - The company has launched 22 satellites, with 14 currently operational, and aims to deploy a total of 100 satellites by 2030 to enhance IoT connectivity across various industries [2][14]. Group 3: Technological Advancements - WISeSat successfully launched a post-quantum-secure satellite in December 2025 to validate SEALSQ's Quantum Shield technology, marking a significant step towards quantum-resilient satellite-based IoT connectivity [3]. - A full-functional satellite launch integrating the QS7001 chipset is planned for Q1 2026, emphasizing WISeSat's commitment to secure space communications [3]. Group 4: Advisory and Legal Framework - Maxim Group LLC is serving as the exclusive financial advisor to WISeKey for the business combination, while Ellenoff Grossman & Schole LLP and Loeb & Loeb LLP are providing legal advisory services to WISeSat and Columbus, respectively [9].
SEALSQ Makes Strategic Investment in EeroQ to Accelerate Its “Quantum Made in USA” Strategy
Globenewswire· 2025-12-04 06:00
Core Insights - SEALSQ Corp has made a strategic investment in EeroQ, a quantum chip design company, to enhance its "Quantum Made in USA" strategy and strengthen leadership in quantum-resistant technologies [1][5][6] Investment Strategy - SEALSQ aims to invest up to $35 million in quantum computing startups, with two investments already finalized, including a partnership with ColibriTD and the acquisition of IC'ALPS [2] - The investment in EeroQ marks SEALSQ's first investment in the USA under its "Quantum Made in USA" initiative [2] EeroQ's Technology - EeroQ, founded in 2017, is developing a large-scale quantum computer using single electrons on superfluid helium, a technology made feasible by advances in materials science and engineering [3][11] - EeroQ's design is considered one of the most scalable approaches to quantum computing currently under development [4] Strategic Alignment - The investment aligns with SEALSQ's goal to create an integrated post-quantum and quantum-era semiconductor ecosystem, supporting U.S. and European sovereign quantum technologies [5] - SEALSQ's CEO highlighted the importance of EeroQ's helium-based quantum architecture in accelerating the development of secure and industrially viable quantum systems [6] EeroQ's Advantages - EeroQ's quantum processors are ultra-compact, requiring less infrastructure compared to other quantum computing architectures [7] - The platform is designed for CMOS-compatible fabrication, aligning with SEALSQ's semiconductor capabilities [7] Future Developments - EeroQ is focused on developing post-quantum cryptographic chips, quantum-resistant microcontrollers, and future quantum accelerator chips [8] - The company has established a quantum R&D facility in Chicago, enhancing its position in the quantum innovation landscape [9] Ethical Considerations - EeroQ is recognized for its commitment to ethical quantum development, led by co-founder Faye Wattleton, who has been involved in establishing ethical frameworks since 2018 [10]
SEALSQ Corp Confirms 2025 Revenue Guidance and Projects Strong Growth Acceleration for 2026
Globenewswire· 2025-11-18 14:00
Core Viewpoint - SEALSQ Corp is reaffirming its revenue guidance for 2025 and projecting significant growth for 2026, driven by increased customer demand, the acquisition of IC'Alps, and advancements in its post-quantum product roadmap [1][4][5]. Financial Performance - For the first nine months of 2025, SEALSQ reported preliminary revenues of $9.9 million, a 41% increase compared to the same period in 2024, with $5.1 million generated in Q3 2025 alone [2][3]. - The company maintains its full-year 2025 revenue guidance of $17.5 million to $20.0 million, indicating a growth of 59% to 82% over 2024 [4]. - Looking ahead, SEALSQ forecasts a revenue growth of 50% to 100% for 2026 compared to 2025, supported by a business pipeline exceeding $175 million in potential opportunities [4][5]. Strategic Initiatives - SEALSQ's growth is bolstered by the acquisition of IC'Alps, which contributed two months of revenue since its acquisition on August 4, 2025 [3]. - The company is focused on scaling production, accelerating R&D in post-quantum technologies, and expanding its global footprint to meet rising demand for secure, quantum-ready infrastructure [6][8]. - Key product milestones include the launch of WISeSat 3.0 PQC on November 18, 2025, and the Post-Quantum Root of Trust on November 21, 2025, aimed at enhancing its leadership in post-quantum security technologies [9][10][11]. Market Position and Demand - SEALSQ is positioned to capture growing global demand for quantum-resistant security and sovereign semiconductor capabilities, particularly from governments and critical industries [4][5][7]. - The U.S. government is pushing for the adoption of quantum-resistant solutions, with a deadline for national security systems to comply by 2027 [12][13]. - SEALSQ believes it is uniquely positioned to meet the demand from U.S. companies for certified hardware and cryptographic expertise to comply with emerging quantum-security standards [13]. Financial Strength - The company reported cash reserves exceeding $430 million, even after investing $30 million in strategic acquisitions, providing financial flexibility for ongoing global expansion [6][8].
WISeKey International Holding AG (Nasdaq: WKEY) and Columbus Acquisition Corp. (Nasdaq: COLA) Execute Business Combination Agreement to Publicly List WISeKey’s Subsidiary WISeSat.Space Corp. Under The Name WISeSat.Space Holdings Corp.
Globenewswire· 2025-11-10 13:30
Core Viewpoint - WISeKey International Holding AG is set to receive $250 million in equity from the business combination with Columbus Acquisition Corp, which will result in the formation of WISeSat.Space Holdings Corp, a publicly listed company on Nasdaq, expected to close in the first half of 2026 [1][5][6] Company Overview - WISeSat, through its subsidiary WISeSat.Space AG, offers a next-generation satellite platform aimed at providing secure and cost-effective IoT connectivity globally, utilizing post-quantum cryptographic technology [2][15] - The company has launched 22 satellites, with 14 currently operational, and aims to expand its constellation to 100 satellites by 2030, targeting industries such as logistics, agriculture, energy, and defense [2][4] Business Combination Agreement - The Business Combination Agreement stipulates that WISeKey will receive 25 million shares of the new entity at an implied value of $10 per share, resulting in a $250 million equity valuation [1][5] - The agreement has been unanimously approved by the boards of directors of WISeKey, WISeSat, and Columbus, and is subject to shareholder approval and customary closing conditions [6][10] Management Commentary - Carlos Moreira, CEO of WISeKey, emphasized that this transaction is a significant milestone in building a secure satellite infrastructure and aims to enhance the company's capital base for future expansion [4][5] - Fen Zhang, CEO of Columbus, expressed excitement about the transaction, highlighting WISeSat's potential in secure satellite communications [5] Technological Advancements - WISeSat is preparing to launch a next-generation post-quantum-secure satellite equipped with SEALSQ's Quantum Shield technology, which will serve as a testbed for new communication protocols [3][4] - The satellites are designed to ensure data integrity and transparency, leveraging Hedera distributed ledger technology to support a decentralized network [2][4] Future Plans - The company plans to deploy a total of 100 satellites by 2030, reinforcing its commitment to secure, sovereign, and sustainable space communications [2][4] - The business combination is expected to accelerate the commercialization of WISeSat's satellite-based cybersecurity and IoT ecosystem [4][5]
SEALSQ to Kick Off Quantum Partnership with BWT Alpine Formula One Team on November 19-21 at Las Vegas Grand Prix
Globenewswire· 2025-11-03 13:00
Core Insights - SEALSQ Corp has partnered with BWT Alpine Formula One Team, marking a significant collaboration in the realm of quantum technology and motorsport [1][2] - The partnership will officially launch at an event in Las Vegas on November 21, 2025, coinciding with the Las Vegas Grand Prix [2] Company Overview - SEALSQ specializes in Post-Quantum Technology, focusing on hardware and software solutions that integrate Semiconductors and Public Key Infrastructure (PKI) [4] - The company aims to address security challenges posed by quantum computing through the development of Quantum Resistant Cryptography [4][5] Product Offerings - SEALSQ is developing Post-Quantum Semiconductors designed to protect sensitive data across various sectors, including healthcare, automotive, and defense [5] - The company's products are engineered to enhance resilience and security against quantum threats, ensuring organizations remain protected [5] Team Overview - BWT Alpine Formula One Team has a rich history in the FIA Formula One World Championship, with notable achievements including seven World Championships [3] - The team finished the 2024 season in sixth place overall in the Constructors' Championship, showcasing a strong competitive performance [3]
SEALSQ and Kaynes SemiCon Announce Joint Venture to Establish India's First Secure Semiconductor Center for Onshore Personalization and Quantum-Resistant Technology
Globenewswire· 2025-09-29 12:00
Core Viewpoint - SEALSQ Corp has announced a joint venture with Kaynes SemiCon to establish SEALKAYNESQ Ltd in India, focusing on semiconductor design and personalization, enhancing India's position in the global semiconductor supply chain [1][4]. Group 1: Joint Venture Details - The joint venture will create an Outsourced Semiconductor Test & Personalization (OSTP) facility at Kaynes SemiCon's site in India, enhancing capabilities with advanced testing services compliant with Common Criteria standards [2]. - SEALSQ will hold 51% of the joint venture's share capital, while Kaynes SemiCon will hold 49%, with governance shared equally [3]. Group 2: Strategic Importance - This partnership combines SEALSQ's expertise in cybersecurity and post-quantum cryptography with Kaynes SemiCon's manufacturing capabilities, aligning with India's national semiconductor strategy [4]. - The localized deployment of SEALSQ's Quantum Shield semiconductor in India aims to provide secure post-quantum computing resilience across various sectors [2][5]. Group 3: Technological Contributions - SEALSQ's portfolio includes PQC-ready chips and secure elements, which can help India secure critical sectors such as finance, healthcare, and defense against quantum computing threats [5]. - The integration of quantum technologies into semiconductor solutions is expected to enhance the security and efficiency of devices in critical industries [8]. Group 4: Market Position and Future Prospects - Kaynes SemiCon is on track to become the first company in India to deliver packaged semiconductor chips by October 2025, marking a significant milestone for India's semiconductor ambitions [9]. - The joint venture will benefit from the Swiss–India Free Trade Agreement, which will reduce costs associated with importing advanced semiconductor equipment [10]. Group 5: Financial Overview - As of mid-September 2025, Kaynes Technology's trailing twelve-month revenue was $340 million, with a market capitalization of $5.44 billion, indicating a strong financial foundation for scaling semiconductor initiatives [11].
SEALSQ Corp Announces H1 2025 Preliminary Revenue and Other Key Financial Metrics: Updates on Planned Deployment of Post-Quantum Security Solutions by 2025 Year-End
GlobeNewswire News Room· 2025-07-03 12:30
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]
SEALSQ and WISeKey Unveil Quantum-Resilient Security Framework to Control the Future of Robotics
Globenewswire· 2025-06-09 13:10
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]