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WISeKey’s Subsidiaries, SEALSQ and WISeSat, Announce their Commercial Quantum Spatial Orbital Cloud (QSOC) A 100-satellite constellation aims at delivering unhackable communications, certified quantum randomness, and post-quantum security as a managed cloud service to banks, governments, defence agencies, and enterprises, from orbit. Geneva, Switzerland, March 18, 2026 – WISeKey International Holding Ltd (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity, blockchain, and IoT company, toda ...

Core Viewpoint - WISeKey and its subsidiaries, SEALSQ and WISeSat, are launching the world's first commercial Quantum Spatial Orbital Cloud (QSOC) to provide unhackable communications and post-quantum security services to various sectors including banks and governments [1][2][3] Group 1: Project Overview - The QSOC will consist of a 100-satellite constellation aimed at delivering quantum key distribution (QKD), quantum random number generation (QRNG), and post-quantum identity services as a subscription service [3] - The satellite deployment is planned to occur incrementally from 2024, achieving Full Operational Capability (FOC) by 2033, with a service-level agreement guaranteeing 99.9% uptime [3][9] - This initiative is considered the first commitment to a quantum security service of its kind [3] Group 2: Roles and Responsibilities - WISeSat will serve as the owner and operator of the QSOC space segment, responsible for satellite design, manufacturing, launching, and mission control [5] - SEALSQ will operate the QSOC as a managed cloud platform, deploying its quantum technology stack and managing customer relationships [6] - The partnership structure allows SEALSQ to scale cloud revenues without the capital costs associated with satellite ownership, while WISeSat focuses on infrastructure [6][7] Group 3: Commercial Framework - The economic model separates infrastructure provision from cloud services, with WISeSat providing the physical security and capacity, and SEALSQ offering cloud services and customer engagement [7][8] - The long-term agreement between WISeSat and SEALSQ is designed to align incentives for both parties, rewarding reliable infrastructure delivery and service adoption [8] Group 4: Global Context and Significance - The scientific basis for the QSOC is supported by previous successful quantum communication projects, such as China's Micius satellite and the EU's EuroQCI initiative [9][10] - SEALSQ and WISeSat aim to fill the gap in commercially operated quantum cloud platforms, backed by service-level agreements [10] - The collaboration is positioned as a critical step in building the infrastructure for the quantum internet [11]

We start with a simple question. How many of you are 100% confident that your money, your data, your online identity is completely secure today. Raise of hands.I saw one hand going up and she also put her hand down. Okay. And how many of you which is like practically everybody in this room today are doing something about it.None. Well, don't worry. That's not ignorance.And as you can see, you're not alone. It's basic human nature. As humans, whenever we encounter something which feels a little uncomfortable ...

Core Insights - SEALSQ Corp is strategically participating in events in Japan to support the government's timeline for quantum security transitions, targeting full adoption of post-quantum cryptography (PQC) by 2035 [3][6] - The company is showcasing its hardware-anchored security innovations, including the QS7001 secure SoC and QVault TPM, to facilitate migrations for critical infrastructure and private sectors [3][4] Participation in Key Events - SEALSQ will engage in the Connectivity Standards Alliance (CSA) Member Meeting in Yokohama from March 16-19, 2026, and the Wi-SUN Open House in Tokyo on March 27, 2026 [4] - These events will allow SEALSQ to advance discussions on PQC integrations and showcase its VaultIC secure elements for IoT compliance [5] Strategic Partnerships and Market Momentum - SEALSQ's expansion in Japan is bolstered by partnerships, notably with Okaya Electronics Corp, leading to significant project wins [6] - Collaborations include securing Japan's first Matter-compatible smart lock with MIWA Lock Co., Ltd. and enhancing smart meter security through a partnership with Landis+Gyr [7][8] Celebrating Achievements - SEALSQ will host a private gathering at the Suzuka Japanese Grand Prix from March 27-29, 2026, to celebrate its achievements in Japan [9] - The company is also the official quantum technology partner of the BWT Alpine Formula One Racing Team, exploring quantum-secure applications in high-performance environments [9][10] Technological Advancements - SEALSQ's PQC solutions comply with NIST and CNSA 2.0 standards, providing strong protection against quantum threats [10] - The company is pioneering Post-Quantum Semiconductors designed to protect sensitive data across various applications, ensuring organizations remain secure against quantum threats [12]

Financial Data and Key Metrics Changes - IonQ reported fourth quarter revenues of $61.9 million, growing 429% year-over-year, and full year 2025 revenues reached $130 million, marking a 202% year-on-year growth [24][30] - The company exceeded its revenue guidance by 55% for the fourth quarter and 20% for the full year, outperforming the combined revenue expectations of other pure-play quantum players [24][30] - Adjusted EBITDA for the fourth quarter was -$67.4 million, and for the full year, it was -$186.8 million, reflecting significant investments in R&D [30][34] Business Line Data and Key Metrics Changes - Over 60% of revenue in 2025 came from commercial customers, indicating strong sales in the commercial sector [27] - The international sales comprised more than 30% of revenue for the first time, showcasing the global resonance of IonQ's quantum platform solutions [28] - The company welcomed new customers such as KISTI and CCRM, highlighting the demand for its fifth-generation systems [25][27] Market Data and Key Metrics Changes - IonQ's precision atomic clocks and quantum networking solutions are being adopted by various sectors, including defense and government contracts [14][15] - The company is expanding its presence in international markets, including partnerships in South Korea, Switzerland, and Romania [16][17] - The demand for post-quantum security solutions is increasing, reflecting a shift in urgency among customers [63] Company Strategy and Development Direction - IonQ aims to solidify its position as the world's leading quantum platform solution and merchant supplier, expanding beyond quantum computing to include networking, sensing, and security [5][6] - The acquisition of SkyWater Technology is intended to enhance supply chain security and manufacturing capabilities [23][37] - The company plans to achieve $235 million in revenue for 2026, driven by a growing customer base and product offerings [38][39] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in IonQ's ability to lead the quantum revolution, citing strong organic growth and technological advancements [6][11] - The company is focused on delivering solutions that integrate quantum computing, networking, and security, positioning itself as a comprehensive platform provider [45][74] - IonQ anticipates continued demand for its products and services, with expectations of exceeding 100% year-on-year growth in its compute platform [63] Other Important Information - IonQ's remaining performance obligations (RPO) stood at $370 million at the end of 2025, a significant increase from $77 million at the end of 2024 [29] - The company has a strong balance sheet with $3.3 billion in cash and investments, providing financial firepower for continued R&D and potential acquisitions [34][35] Q&A Session Summary Question: Can you provide insights on the SHIELD release and the $151 billion opportunity? - Management expressed enthusiasm about participating in the SHIELD initiative, emphasizing the need for integrated solutions rather than standalone products [44][45] Question: What is the status of the SkyWater regulatory approval process? - Management indicated that the regulatory process is well-defined and remains on track, emphasizing the importance of the acquisition for the industry [52][53] Question: How does the acquisition of SEED Innovations fit into IonQ's strategy? - The acquisition is seen as a unique opportunity to enhance both hardware and software capabilities, particularly in classified applications [54][55] Question: Can you elaborate on the guidance for 2026 revenue and the factors driving it? - Management highlighted the globalization of the company, strong demand for the fifth-generation machine, and the urgency for post-quantum security solutions as key drivers for the revenue guidance [61][63]

Financial Data and Key Metrics Changes - IonQ reported fourth quarter revenues of $61.9 million, growing 429% year-over-year, and full year 2025 revenues reached $130 million, marking a 202% year-on-year growth [24][30] - The company exceeded its revenue guidance by 55% for the fourth quarter and 20% for the full year, outperforming the combined revenue expectations of other pure-play quantum players [24][30] - Adjusted EBITDA for the fourth quarter was -$67.4 million, and for the full year, it was -$186.8 million, reflecting significant investments in R&D [30][34] Business Line Data and Key Metrics Changes - Over 60% of 2025 revenue came from commercial customers, indicating strong sales in the commercial sector [27] - The international sales comprised more than 30% of revenue for the first time, showcasing the global resonance of IonQ's quantum platform solutions [28] - The company welcomed new customers such as KISTI and CCRM, highlighting the demand for its fifth-generation systems [25][27] Market Data and Key Metrics Changes - IonQ's precision atomic clocks and quantum networking solutions are being adopted by various sectors, including defense and government contracts [14][15] - The company is expanding its presence in international markets, including partnerships in South Korea, Switzerland, and Romania [16][17] - The demand for post-quantum security solutions is increasing, reflecting a shift in urgency among customers [63] Company Strategy and Development Direction - IonQ aims to solidify its position as the world's leading full-stack quantum platform company, focusing on integrated solutions across computing, networking, sensing, and security [5][22] - The acquisition of SkyWater Technology is intended to enhance supply chain security and manufacturing capabilities [23][37] - The company plans to achieve $235 million in revenue for 2026, driven by a growing customer base and expanding product offerings [38][39] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in IonQ's ability to lead the quantum revolution, citing strong organic growth and technological advancements [6][11] - The company is focused on delivering solutions that meet real-world problems, emphasizing the importance of application development alongside hardware [32][63] - IonQ's leadership highlighted the importance of operational excellence and accountability as critical to future success [35] Other Important Information - IonQ's remaining performance obligations (RPO) stood at $370 million at the end of 2025, a significant increase from $77 million at the end of 2024 [29] - The company reported a GAAP net income of $753.7 million for the fourth quarter, primarily due to a mark-to-market valuation of warrants [33][34] - IonQ's R&D investments reached $305.7 million for the year, a 123% increase, underscoring its commitment to maintaining technological leadership [30][31] Q&A Session Summary Question: Can you discuss the SHIELD release and the $151 billion opportunity? - Management expressed enthusiasm about participating in the SHIELD initiative, emphasizing the need for integrated solutions rather than standalone products [44][45] Question: What is the status of the SkyWater regulatory approval process? - Management indicated that the regulatory process is well-defined and remains on track, emphasizing the importance of the acquisition for the industry [52][53] Question: How does the acquisition of Seed Innovations fit into the portfolio? - The acquisition is seen as a strategic move to enhance software capabilities and support mission-critical applications across various sectors [54][55] Question: Can you provide insights on the revenue guidance for 2026? - Management highlighted strong demand for the fifth-generation machine and anticipated organic growth exceeding 100% year-on-year [62][63] Question: What is the hardware-software split in the fiscal 2026 numbers? - Management stated that both hardware and software are essential, and the company is focused on delivering complete solutions [71][74]

Core Insights - SEALSQ Corp has announced a collaboration with Lattice Semiconductor to integrate TPM-based advanced post-quantum security capabilities into select Lattice FPGA solutions, addressing the growing need for quantum-resistant technologies in mission-critical applications [1][2] Company Overview - SEALSQ is focused on developing and selling semiconductors, PKI, and post-quantum technology hardware and software products, aiming to provide robust protection against quantum threats [7][9] - The company is pioneering the development of post-quantum semiconductors designed to safeguard sensitive data across various applications, including multi-factor authentication, smart energy, medical systems, defense, and industrial automation [8][9] Collaboration Details - The collaboration with Lattice Semiconductor aims to enhance the security of FPGA platforms by embedding SEALSQ's post-quantum capabilities, specifically the QS7001 and QVault TPM, into Lattice's secure FPGA architecture [2][3][4] - This partnership is expected to accelerate the transition to quantum-resistant systems for high-performance applications, demonstrating technical interoperability and supporting broader industry efforts toward next-generation quantum-secure hardware [4][5] Industry Context - The initiative aligns with the launch of the Year of Quantum Security 2026, emphasizing that quantum security is now an infrastructure and governance imperative, with both companies supporting the advancement of post-quantum standards recommended by organizations like NIST [5]

| . | | --- | | . | | = . | | . | | . 1 ロ | | ロ . - | | . | Q4 2025 Earnings Presentation February 5, 2026 Safe Harbor Statement Information, statements and projections contained in these presentation slides and related conference call concerning Fortinet's business outlook, the first quarter and full year 2026 guidance, and future prospects and expectations are forward-looking statements that involve risks and uncertainties. These forward-looking statements include statements regarding any indications rela ...

Core Viewpoint - The WISeKey Quantum Security Space Roundtable in Davos highlighted the urgent need for post-quantum security measures in the space sector to protect critical infrastructure from the vulnerabilities posed by advancing quantum computing [3][15]. Group 1: Quantum Security Challenges - Traditional cryptographic systems like RSA and ECC will be at risk due to advancements in quantum computing, threatening satellite communications and space-based data [4]. - The consensus among industry leaders is that quantum-ready architectures and cryptographic agility must be integrated from the design phase of space systems, as retrofitting is not feasible [7]. Group 2: Key Developments and Strategies - Participants discussed the integration of post-quantum cryptographic mechanisms in new satellite platforms, including hybrid approaches like Triple Key Encapsulation Mechanisms (KEMs) [8]. - The deployment of quantum-resistant semiconductors is becoming essential for trusted identities and secure operations in space [8]. - Ongoing developments include WISeSat.Space's initiation of proof-of-concept testing for post-quantum cryptography on satellites in late 2025, with a full operational satellite expected to launch in Q2 2026 [8]. Group 3: Perspectives from Industry Leaders - Colonel Ludovic Monnerat emphasized the strategic importance of quantum-resilient identity and secure command-and-control systems for national security [8]. - Benjamin Guyot highlighted the critical nature of secure satellite communications for space traffic coordination, advocating for end-to-end authentication [9]. - Mohammed Aboul-Magd warned that post-quantum security must be implemented now to safeguard space systems expected to operate for decades [10]. Group 4: Future Directions and Recommendations - The roundtable concluded with a consensus that quantum readiness in space is imperative, urging governments and industry leaders to act swiftly to secure satellites and ground systems against quantum threats [15]. - María Pía Aqueveque Jabbaz discussed the need for layered architectures built on interoperability and crypto-agility to ensure sovereignty in the quantum era [14].