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SEALSQ, Kaynes Semicon to launch semiconductor centre in India
Yahoo Finance· 2025-09-30 09:32
Core Insights - SEALSQ and Kaynes SemiCon have established a joint venture named SEALKAYNESQ to create India's first secure semiconductor design and personalisation centre [1][2] - SEALSQ will hold a 51% stake in the joint venture, while Kaynes SemiCon will own 49%, with governance shared through a five-member board [1] - The facility will focus on advanced semiconductor test and personalisation services, integrating public key infrastructure (PKI) and post-quantum cryptography (PQC) [2][3] Company Developments - Kaynes SemiCon's CEO emphasized the collaboration's role in positioning India on the global semiconductor map and driving the country's ambition for semiconductor self-reliance [4] - SEALSQ plans to introduce various advanced components, including PQC-ready chips and secure elements, to support sectors like finance, healthcare, and defense [4][5] - SEALSQ's CEO highlighted the partnership as a means to leverage local manufacturing expertise to enter the Indian market [6] Strategic Alignment - The joint venture aligns with India's semiconductor strategy and global supply chain security initiatives, benefiting from the recently signed Swiss–India Free Trade Agreement [6] - The agreement provides customs relief for 94.7% of Swiss exports to India, which will reduce costs for imported semiconductor equipment and technology [7] Financial Overview - Kaynes Technology India, the parent company of Kaynes SemiCon, reported trailing 12-month revenue of $340 million as of mid-September 2025, with a market capitalization of $5.44 billion [7]
BTQ Technologies Launches QSSN Proof-of-Concept with Danal, Korea's Mobile Payments Leader
Prnewswire· 2025-09-29 11:30
Core Viewpoint - The article discusses the launch of the world's first large-scale trial of a Quantum-Secure Stablecoin Settlement Network (QSSN) by BTQ Technologies in collaboration with Danal, aimed at enhancing payment security and compliance in the digital economy [1][4]. Group 1: QSSN Overview - QSSN integrates post-quantum security, programmable issuer controls, and real-time compliance features while maintaining user experience for consumers and merchants [2][5]. - The Proof-of-Concept (PoC) will assess how QSSN can enhance Danal's existing payment infrastructure with quantum-secure settlement capabilities [5][10]. Group 2: Regulatory Context - The PoC addresses the "harvest-now, decrypt-later" risk and aligns with global standardization efforts in post-quantum cryptography, demonstrating the feasibility of deploying PQC at a national scale without operational disruption [3][7]. - QSSN is positioned as a leader in global standardization for quantum-secure digital money, supported by initiatives from QUINSA and recognition from the U.S. PQFIF [7][8]. Group 3: Danal's Market Position - Danal is the leading mobile carrier billing provider in Korea, serving tens of millions of users through telecom partnerships and online merchants [9][10]. - The company operates Paycoin (PCI), one of Korea's first widely adopted crypto-based payment services, and has a diversified presence across e-commerce, gaming, digital content, and offline retail [9][10]. Group 4: BTQ Technologies Profile - BTQ Technologies is a global quantum technology company focused on securing mission-critical networks and is publicly listed on Nasdaq [4][11]. - The company aims to facilitate the transition from classical networks to the quantum internet, backed by a comprehensive patent portfolio and a full-stack quantum computing platform [11].
SuperQ Quantum Releases Post-Quantum Cryptography (PQC) AI for Cryptocurrencies and Web-Based Systems as Part of Super PQC Module
Thenewswire· 2025-09-24 12:00
Calgary, Canada - September 24, 2025 - TheNewswire - SuperQ Quantum Computing Inc. (“SuperQ Quantum”, “SuperQ”, or the “Company”) (CSE: QBTQ; Frankfurt: 25X; OTCQB: QBTQF) a global leader in quantum and supercomputing, is pleased to announce the release of Super™ PQC Analyst, the first in-market component of the Company’s forthcoming Super™ PQC Module. Available immediately, Super™ PQC Analyst performs exhaustive, automated diagnostics on Web3 and Web2 infrastructure - from permissionless blockchains and De ...
SEALSQ p(LAES) - 2025 Q2 - Earnings Call Transcript
2025-09-10 14:02
Financial Data and Key Metrics Changes - For the first half of 2025, the company reported revenue of $4.8 million, consistent with the first half of 2024, reflecting a strategic transition period ahead of new product launches [18][19] - Gross profit was $1.6 million, with a gross profit margin increase of 15 percentage points from 19% in the previous year to 34% [19] - Cash reserves increased to $121 million as of June 30, 2025, up from $19 million at the same point last year and $85 million at the end of 2024 [20] Business Line Data and Key Metrics Changes - The company achieved significant progress in its product and technology milestones, including the Quasar program and the QVOL TPM, with initial revenues expected in 2026 [5][7] - The number of customers for TPM engagement more than doubled from 35 at the end of 2024 to 82 by mid-2025, indicating strong demand for the company's offerings [8] Market Data and Key Metrics Changes - The global embedded security chip market is projected to reach nearly $10 billion by 2028, with a scarcity of suppliers offering certified secure products, presenting a significant opportunity for the company [4] - The company is expanding its global footprint by opening a sales office in India and appointing distribution in Asia, Europe, and Turkey [9] Company Strategy and Development Direction - The company is focused on delivering quantum-resistant semiconductor solutions and secure digital infrastructure, positioning itself to capitalize on the growing demand for post-quantum technologies [3][4] - The acquisition of IC'ALPS has strengthened the company's ASIC capabilities, particularly in the medical, automobile, and IoT industries [9] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's strong momentum and financial resources, anticipating a critical year in 2026 for the quantum industry, particularly with regulatory frameworks favoring PQC adoption [22][23] - The company expects revenues for 2025 to be between $17.5 million and $20 million, representing a growth of 59% to 82% year-on-year [21][15] Other Important Information - The company has allocated $4.7 million for research and development in the first half of 2025, with a total budget of $7.2 million for the year, up from $5 million in the prior year [13][20] - The company is also investing in space technologies, deploying a secure quantum-ready satellite constellation, with plans to scale to 102 satellites by 2027 [11][12] Q&A Session Summary Question: Clarification on full-year R&D budget - The CFO clarified that the first half included a one-off expense for stock-based compensation under R&D, which would not repeat in the second half [27] Question: Annual R&D run rate estimate - The CFO estimated the underlying business R&D run rate to be around $500,000 to $550,000 per month after adjusting for the one-time expense [36] Question: Pipeline estimate process - The CFO explained that the pipeline estimate of $170 million includes identified opportunities evaluated with a low success percentage initially, moving through stages of qualification and design-in before reaching design win [39][40]
Scope Technologies to Acquire Cloud Codes, Expanding Quantum-Secure Authentication & Storage Ecosystem
Prnewswire· 2025-08-20 12:00
Core Viewpoint - Scope Technologies Corp. has entered into an asset purchase agreement to acquire Plurilock Security Inc.'s subsidiary, Cloud Codes, which specializes in secure Single Sign-On (SSO) and distributed storage solutions [1][3]. Acquisition Details - The acquisition includes a total consideration of CAD $1,780,000, comprising CAD $100,000 in cash and 4,200,000 common shares at a deemed price of $0.40 per share [4]. - The transaction is subject to approvals from the TSX Venture Exchange and the Canadian Securities Exchange, along with other customary conditions [5]. Strategic Importance - This acquisition is a strategic milestone for Scope Technologies, aiming to integrate Cloud Codes' technology into its quantum-secure ecosystem under the QSE Group [3][11]. - Cloud Codes' distributed storage middleware will serve as the foundation for the world's first commercially deployed quantum-resistant SSO platform [3]. Integration Plans - Post-acquisition, Cloud Codes will be rebranded under the QSE name and integrated into the QSE product stack, with future releases expected to include quantum-secure SSO services [7]. - The target markets for these services include regulated enterprises, banking, healthcare, and organizations requiring long-term data integrity [7]. Market Context - The urgency for quantum-safe identity management solutions is underscored by NIST's ratification of quantum-resistant encryption standards and the embedding of post-quantum cryptography into existing products [9]. - Cloud Codes currently supports 270 business clients and 88,000 end-users, with a significant user base in India (80%), Europe (13%), and the United States (7%) [10]. Financial Overview - Cloud Codes reported annual revenues of CAD $673,012 for 2025 and CAD $723,487 for 2024, with a net income of CAD $228,131 for 2025 [10].
Full Alliance Group's Qubitera Holdings Expands Quant Blockchain Healthcare Development Roadmap
GlobeNewswire News Room· 2025-08-11 12:05
Core Insights - Full Alliance Group's subsidiary, Qubitera Holdings, is launching a post-quantum cryptography-based Electronic Health Record (EHR) and Electronic Medical Record (EMR) system, with a comprehensive five-phase technical roadmap aimed for global deployment by mid-2027 [1][5]. Technical Roadmap - **Research and Planning (Q3 – Q4 2025)**: Establish partnerships with hospitals, PQC vendors, and regulatory bodies to ensure compliance and stakeholder alignment [3]. - **Prototype Development (Q1 – Q2 2026)**: Create a functional prototype using ML-KEM encryption and ML-DSA signatures, implement a permissioned blockchain for metadata storage, and develop a user-friendly interface [3]. - **Pilot Deployment and Optimization (Q3 – Q4 2026)**: Launch pilot programs in select hospital networks, optimize PQC performance, and conduct Quantum Key Distribution (QKD) pilots [3]. - **Full Global Deployment (Q1 – Q2 2027)**: Scale the platform globally with cross-border interoperability and maintain cryptographic agility for future updates [3]. - **Long-Term Innovation (Q3 2027 Onward)**: Expand QKD infrastructure for secure data exchanges between global health networks [3]. Industry Context - The healthcare technology market is experiencing significant growth, with the global AI in healthcare market projected to reach $187.69 billion by 2030, growing at a CAGR of 38.62% from 2025 to 2030 [8]. - The health data interoperability market is expected to reach $352.13 billion by 2032, with a CAGR of 22.65% from 2025 to 2032 [8]. - The blockchain in healthcare market is projected to reach $193.43 billion by 2034, with a CAGR of 35.08% from 2025 to 2034 [9]. Security and Demand - Over 500 million healthcare records have been compromised since 2020, with average incident costs reaching $10.93 million in 2024, highlighting the urgent need for secure data sharing solutions [10]. - Qubitera's platform addresses the impending threat of quantum computing to traditional encryption methods and meets the public demand for patient ownership and transparency of medical records [4][5]. Competitive Positioning - Qubitera Holdings aims to architect the infrastructure for healthcare's digital transformation, leveraging the convergence of AI, blockchain, and interoperability to improve medical information flow and patient outcomes [11].
Fortinet Expands Hybrid Mesh Firewall Portfolio with FortiGate 700G
Globenewswire· 2025-05-07 13:00
Core Insights - Fortinet has launched the FortiGate 700G series, a next-generation firewall designed for modern campuses, featuring advanced capabilities such as post-quantum cryptography and AI-driven threat detection [1][2] Performance and Specifications - The FortiGate 700G series offers up to 7x higher firewall throughput (164 Gbps) and 4x better threat protection (26 Gbps) compared to industry averages [4][5] - It supports IPsec VPN throughput of 55 Gbps, which is also 7x higher than competitors [4] - The series can handle 16 million concurrent sessions and 700,000 connections per second, outperforming other leading brands [6] Energy Efficiency - The FortiGate 700G series consumes 1.8 watts per Gbps for firewall throughput, which is 7x more efficient than the industry average [6] - For IPsec VPN throughput, it consumes 5.4 watts per Gbps, 6x lower than competitors [6] Advanced Security Features - The series includes FortiAI-Protect for AI-driven threat detection and risk mitigation, enhancing the ability to block sophisticated cyber threats [5] - It features post-quantum cryptography readiness, enabling organizations to protect sensitive data against future quantum threats [5] Integration and Scalability - Fortinet's Security Fabric integrates the FortiGate 700G series into a unified cybersecurity platform, providing centralized management and real-time visibility across hybrid environments [7] - The series supports a wide range of network interfaces from 5GE to 25GE, allowing for flexibility and future upgrades without significant costs [5]
Quantum Threats Are Accelerating -- These Companies Are Preparing for the Shift
Prnewswire· 2025-03-18 15:11
Core Insights - The rapid advancement of quantum computing poses significant threats to current encryption methods, making quantum security a priority for businesses and investors [1][2] - The quantum communication market is projected to grow at a CAGR of 23-25%, reaching $14.9 billion by 2035, with post-quantum cryptography accounting for $2.4 billion to $3.4 billion of that total [1] - Scope Technologies Corp. has developed an AI-powered Quantum Preparedness Assessment (QPA) tool to help businesses evaluate and protect against quantum-related cyber threats [3][7] Industry Developments - Europol has warned that failure to transition to post-quantum encryption could lead to a significant digital crisis, urging swift action from financial institutions and policymakers [2] - Cybercriminals are adopting "harvest now, decrypt later" tactics, increasing the urgency for implementing quantum-safe cryptography [2][4] - Recent breakthroughs in quantum technology, such as Google's Willow chip and Microsoft's Majorana 1 processor, demonstrate the rapid progress in the field [5] Company Highlights - Scope Technologies' QPA tool is now fully integrated with a widely used risk management system, allowing businesses to assess risks and plan security strategies effectively [3][7] - The company secured $2.8 million in new funding, including a $1.8 million private placement and a $1 million debt financing deal, to support growth and innovation [9] - Scope Technologies is expanding its team and product lineup to reinforce its leadership in quantum-proof security [10] Competitive Landscape - Palo Alto Networks has launched a Quantum Random Number Generator (QRNG) Open API to facilitate the integration of quantum-safe cryptographic randomness into security systems [11][12] - Alphabet, Inc. has introduced quantum-safe digital signatures in its Cloud Key Management Service, utilizing NIST-standardized post-quantum cryptography [13][14] - Cisco Systems is advancing quantum-safe networking solutions by integrating Quantum Key Distribution (QKD) and Post-Quantum Cryptography (PQC) into its security framework [15][16] - WISeKey International Holding AG is consolidating its cybersecurity, blockchain, AI, and quantum-resistant cryptography technologies to enhance digital trust across industries [17][18]