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SEALSQ Appoints Dr. Ballester Lafuente as Chief of Staff and Group AI Officer
Globenewswire· 2025-11-24 13:00
Geneva, Switzerland, Nov. 24, 2025 (GLOBE NEWSWIRE) -- 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, today announced the appointment of Dr. Ballester Lafuente as Chief of Staff and Group AI Officer. In this role, Dr. Ballester Lafuente will lead the integration of artificial intelligence across all SEALSQ group entities, driving operational efficiency, enabling smarter pro ...
WISeKey International Holding AG (Nasdaq: WKEY) and Columbus Acquisition Corp. (Nasdaq: COLA) Execute Definitive Business Combination Agreement to Publicly List WISeKey’s Subsidiary WISeSat.Space Corp. Under The Name WISeSat.Space Holdings
Globenewswire· 2025-11-10 06:00
Core Viewpoint - WISeKey International Holding AG and Columbus Acquisition Corp. have entered into a definitive Business Combination Agreement to publicly list WISeKey's subsidiary, WISeSat.Space Corp., under the name WISeSat.Space Holdings Corp. This transaction is expected to close in the first half of 2026, with WISeKey receiving $250 million in equity from the new entity [1][5][6]. Company Overview - WISeSat, through its subsidiary WISeSat.Space AG, offers a next-generation satellite platform designed for secure and cost-effective IoT connectivity. The platform utilizes post-quantum cryptographic technology from SEALSQ Corp, enabling real-time communication for various industries [2][15]. - WISeSat has launched 22 satellites, with 14 currently operational, and aims to deploy a total of 100 satellites by 2030 to enhance secure IoT connectivity [2][4]. Upcoming Developments - In November 2025, WISeSat plans to launch a next-generation post-quantum-secure satellite equipped with SEALSQ's Quantum Shield technology, marking a significant step in developing quantum-resilient satellite-based IoT connectivity [3][4]. Management Commentary - Carlos Moreira, CEO of WISeKey, emphasized that this transaction accelerates the commercialization of their satellite-based cybersecurity and IoT ecosystem, positioning WISeSat as an independent publicly listed space-tech company [4][5]. - Fen Zhang, CEO of Columbus, expressed excitement about the transaction, highlighting WISeSat's potential in secure satellite communications and the long-term benefits for shareholders [5]. Business Combination Agreement Details - Under the Business Combination Agreement, 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. The agreement also includes provisions for cash investments from WISeKey and SEALSQ [5][6]. - The transaction has been unanimously approved by the boards of directors of both companies and is subject to shareholder approval and customary closing conditions [6][7].
SEALSQ, WISeKey and Swiss Armed Forces Advance Quantum-Secure Satellite Security
Globenewswire· 2025-11-04 06:00
Core Insights - SEALSQ Corp is advancing its collaboration with the Swiss Armed Forces to enhance Switzerland's sovereign space and cybersecurity infrastructure through secure IoT satellites and post-quantum cryptographic technologies [1][3][4] - The partnership aims to develop secure satellite-based communications, reconnaissance, and navigation systems, reducing reliance on foreign providers and enhancing national resilience [3][4] - The collaboration has evolved to integrate SEALSQ's post-quantum semiconductors, ensuring quantum-resilient encryption for satellite communications, addressing vulnerabilities in the satellite communications ecosystem [4][6] Company Overview - SEALSQ Corp focuses on developing semiconductors, PKI, and post-quantum technology products, contributing to secure digital identity and encryption solutions [1][10] - WISeKey International Holding Ltd, the parent company, is a leader in cybersecurity, digital identity, and IoT solutions, operating through several subsidiaries, including SEALSQ [8][9] - WISeSat.Space, a joint venture between WISeKey and SEALSQ, is dedicated to deploying a secure IoT satellite constellation, leveraging trusted digital identity and post-quantum secure semiconductors [7][8] Strategic Developments - The partnership with the Swiss Armed Forces has been ongoing since 2022, focusing on research, development, and mission testing of secure communications capabilities [4][5] - The Swiss Armed Forces aim to ensure secure satellite-enabled mobile communications as part of their strategy to reinforce defense capabilities, with a focus on partnerships with national industrial companies [5][6] - The integration of post-quantum encryption into Direct-to-Device connectivity is a key goal of the operational partnership, enhancing security and operational autonomy for military needs [6][4]
SEALSQ and IC'Alps Unify Expertise to Deliver Integrated Post-Quantum Cybersecurity and Functional Safety for Autonomous Vehicles
Globenewswire· 2025-10-31 12:45
Core Insights - SEALSQ Corp is launching an initiative to develop integrated cybersecurity and functional safety solutions for the automotive industry, leveraging its subsidiary IC'Alps' expertise [1][3][4] Group 1: Cybersecurity and Automotive Industry - The initiative aims to protect next-generation autonomous and connected vehicles from emerging cybersecurity threats, as these vehicles rely on advanced technologies like over-the-air updates and vehicle-to-everything communication [3][8] - Classical cryptographic systems are vulnerable to future quantum computer attacks, which could compromise critical vehicle systems [3][8] - SEALSQ plans to combine its secure semiconductor technology with IC'Alps' ASIC design expertise to enhance cybersecurity and functional safety in automotive applications [4][7] Group 2: Methodologies and Standards - IC'Alps employs Failure Modes and Effects Analysis (FMEA) to proactively detect and mitigate potential systematic failures in automotive systems [5][6] - The design strategy integrates Design FMEA (DFMEA) to ensure compliance with safety standards such as IATF 16949, ISO 13485, and AS 9100 [5][6] - IC'Alps supports customers in achieving ISO 26262 certification, which is crucial for automotive safety [6][7] Group 3: Post-Quantum Security - Post-quantum security is essential for the future of mobility, ensuring that vehicles are secure by design against quantum threats [8][10] - SEALSQ is focused on developing post-quantum semiconductors that provide robust protection for sensitive data across various applications, including automotive [9][10] - The combination of SEALSQ's post-quantum cybersecurity leadership and IC'Alps' ASIC safety methodology aims to ensure the long-term reliability and trustworthiness of autonomous vehicles [8][10]
SEALSQ Strengthens Strategic Position in RegTech; Following the Recent 28.3% Equity Stake Acquisition, Wecan's Founder Vincent Pignon Resumes CEO Role
Globenewswire· 2025-10-29 12:45
Core Insights - SEALSQ Corp has acquired a 28.3% equity stake in Wecan, a Swiss company specializing in digital compliance platforms for regulated institutions, marking a significant strategic move for both companies [1][5] - Vincent Pignon has resumed his role as CEO of Wecan to drive innovation and growth following the acquisition [1][2] - The partnership aims to integrate SEALSQ's cybersecurity and post-quantum technologies with Wecan's compliance platform, enhancing the digital infrastructure for the financial sector [5][6] Company Overview - SEALSQ is a leader in cybersecurity, semiconductor technology, and post-quantum security solutions, focusing on developing quantum-resistant cryptography and semiconductors [10][11] - Wecan, founded in 2015, has established itself as a prominent RegTech provider, serving over 100 financial institutions, including major Swiss banks [4][9] Industry Context - RegTech utilizes advanced technologies like AI, blockchain, and data analytics to streamline compliance processes, transforming compliance from a burden into a strategic advantage [3] - The collaboration between SEALSQ and Wecan aims to create a secure, scalable compliance infrastructure, addressing the growing need for efficient regulatory solutions in the financial sector [5][8] Strategic Roadmap - Near-term plans include launching an AI-driven interface for KYC updates and CRM integrations [8] - By 2026, the integration of SEALSQ's post-quantum encryption technology and a digital identity module is expected [8] - The introduction of real-time blockchain-based compliance and predictive AI tools is planned for 2027-2028 [8]
SEALSQ Expands Post-Quantum Leadership with Strategic Financial-Sector Investments and the Rollout of its Global PQC Deployment Strategy
Globenewswire· 2025-10-28 13:15
Geneva, Switzerland, Oct. 28, 2025 (GLOBE NEWSWIRE) -- 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, today announces a major expansion of its post-quantum cybersecurity leadership through strategic initiatives designed to accelerate quantum-readiness across the global financial services industry. While large-scale quantum computers capable of breaking today’s encryption ma ...
SEALSQ Announces Uplisting to NASDAQ Global Select Market; Reaches $1 Billion Market Capitalization
Globenewswire· 2025-10-24 12:30
Core Insights - SEALSQ Corp has been approved for trading on the NASDAQ Global Select Market, effective October 27, 2025, marking an uplisting from the NASDAQ Capital Market, which reflects the company's operational progress and adherence to high financial standards [2][3] - The company's market capitalization has surpassed $1 billion, indicating increasing investor confidence in its strategic direction and technology leadership [4][5] Company Progress - SEALSQ's uplisting to the NASDAQ Global Select Market is seen as a validation of its market credibility and progress [5] - The company is focused on advancing its product portfolio in semiconductors, secure hardware, and post-quantum technologies, serving various sectors including IoT, automotive, industrial, and defense [6] Financial Position - SEALSQ has a strong cash position of nearly $450 million, providing the financial resources necessary for executing its ambitious roadmap, including investments in semiconductor manufacturing, R&D, and strategic acquisitions [7][8] Strategic Initiatives - The company has launched a "Made in USA" initiative to scale secure silicon for various applications, aligning with U.S. cybersecurity priorities [9] - SEALSQ is among a select few companies certified to Common Criteria EAL5+ and FIPS 140-3 standards, with secure personalization centers in Switzerland and France, and plans for expansion in the U.S. [9] Post-Quantum Technology Development - SEALSQ is pioneering the development of post-quantum semiconductors designed to protect sensitive data across multiple applications, including healthcare, defense, and industrial automation [12][13] - The establishment of the Post-Quantum Corridor aims to create a globally distributed, quantum-secure infrastructure to safeguard data integrity and privacy [11]
SEALSQ Joins the MIT Media Lab’s Global Community of Member Organizations
Globenewswire· 2025-10-21 12:30
Core Insights - SEALSQ Corp has joined the MIT Media Lab to collaborate on research at the intersection of security, privacy, quantum resilience, and human-centered innovation [1][3][4] - The collaboration aims to explore the future of digital trust and the evolving role of security in human-AI interaction, focusing on resilience, transparency, and sustainability [2][3] Company Overview - SEALSQ specializes in developing and selling semiconductors, PKI, and post-quantum technology hardware and software products [1][5] - The company is a leader in post-quantum technology, integrating semiconductors and public key infrastructure with a focus on quantum-resistant cryptography [5][6] Research and Development Focus - SEALSQ will engage in research that examines emerging technologies for their technical potential and their ability to strengthen trust and advance the public good [2][3] - The company aims to enhance digital trust and societal resilience through its innovations, particularly in sectors like healthcare, defense, and industrial automation [6][4]
SEALSQ Announces Pricing of $200.0 Million Registered Direct Offering & Concurrent Private Placement of Ordinary Shares and Warrants
Globenewswire· 2025-10-15 13:40
Core Viewpoint - SEALSQ Corp has announced a total of $200 million in offerings, including a registered offering of $94.8 million and a concurrent private placement of $105.2 million, aimed at advancing its Post-Quantum and Quantum technology initiatives [2][3][4]. Group 1: Offerings Details - The Registered Offering includes 12,640,000 ordinary shares priced at $7.50 each [3]. - The Private Offering consists of pre-funded warrants for 14,026,666 ordinary shares and Class D warrants for up to 53,333,332 ordinary shares, also at a price of $7.50 [3]. - The Class D warrants will have an exercise price of $9.25 per ordinary share, are immediately exercisable, and will expire seven years after issuance [3]. Group 2: Use of Proceeds - The net proceeds from the offerings will be used to enhance SEALSQ's cash position and accelerate its commercialization roadmap for Post-Quantum and Quantum technologies in the U.S. [4][5]. - The company expects to achieve a pro-forma cash position of approximately $400 million following the offerings [4]. Group 3: Company Overview - SEALSQ is focused on developing Post-Quantum technology hardware and software solutions, integrating semiconductors, PKI, and provisioning services [9]. - The company aims to address security challenges posed by quantum computing through its innovative semiconductor solutions [10]. - SEALSQ's products are designed to protect sensitive data across various applications, including healthcare, defense, and industrial automation [10].
SealSQ and Wecan Announce Collaboration to Develop Post-Quantum KYC Solution to Secure Client Data for the Financial Industry
Globenewswire· 2025-10-14 13:40
Geneva, Switzerland, Oct. 14, 2025 (GLOBE NEWSWIRE) -- SEALSQ Corp (NASDAQ: LAES) ("SEALSQ" or "Company"), a company specializing in the development and commercialization of post-quantum semiconductor technology, and Wecan Group SA (“Wecan”), a leading Swiss provider of global compliance backbone for regulated institutions, today announced a strategic collaboration to develop a Post-Quantum KYC (Know Your Customer) solution. This initiative aims to secure client data from collection to processing, addressi ...