| . | | --- | | . | | = . | | . | | . 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 ...

WISeSat.Space Brought Together Global Thought-Leaders to Davos to Address Quantum Security in Space Watch the entire roundtable discussion here: https://youtu.be/YDKj1nxbPdo Davos, Switzerland – January 30, 2026 – WISeKey International Holding Ltd (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity, blockchain, and IoT company, today announced that during its Quantum Security Space Roundtable, held as part of the WISeKey Davos 2026 program, brought together thought-leaders from a variety ...

Core Insights - IonQ's acquisition of SkyWater Technology for $1.8 billion represents a strategic shift in the quantum computing industry, enabling IonQ to create a vertically integrated quantum platform valued at $35 per share [1] - This acquisition addresses a significant limitation in quantum scaling by allowing IonQ to internalize fabrication, which is expected to enhance development cycles and manufacturing flexibility [2] - IonQ's move towards vertical integration contrasts with competitors like D-Wave and Rigetti, who still rely on external manufacturing partners, indicating a divergence in strategic approaches within the quantum ecosystem [3] Quantum Enablers - Northrop Grumman, Cloudflare, and Arqit Quantum are identified as key enablers in the quantum sector, positioned to benefit from the industry's shift towards scalable manufacturing and infrastructure, with projected earnings growth exceeding 10% by 2026 [4][5] - The global quantum computing market is anticipated to grow from approximately $3.52 billion in 2025 to $20.2 billion by 2030, highlighting the increasing importance of enabling technologies [5] - McKinsey's research suggests that the three core pillars of quantum technology could generate up to $97 billion in revenues by 2035, emphasizing the potential for enablers to provide clearer revenue paths compared to standalone hardware developers [6] Northrop Grumman - Northrop Grumman is actively investing in quantum technologies, committing $12.5 million to support quantum information science at Virginia Tech, and is focused on developing internal capabilities in advanced quantum computing [7][8] - The company is expected to report earnings growth of 10.2% in 2026, with revenue growth projected at 5.1% [9] Cloudflare - Cloudflare is enhancing its post-quantum security infrastructure, with plans for broader protocol compatibility in its Zero Trust Network Access solution, positioning itself as a critical enabler for quantum-era cybersecurity [10] - The company is projected to achieve earnings growth of 28.8% in 2026, with revenue growth of 26.9% [11] Arqit Quantum - Arqit Quantum is advancing quantum-safe encryption through its Encryption Intelligence platform, which has been commercially launched and is being utilized in a pilot program by the UK National Cyber Security Centre [12] - The company has secured multi-year contracts, including a significant agreement with a global telecom operator for quantum-safe network deployment, indicating strong market demand [12] - Arqit is expected to report earnings growth of 30.3% in 2026, with revenue growth projected at an impressive 214.2% [13]

Core Insights - The inauguration of the "Year of Quantum Security" at Davos signifies a major shift in global cybersecurity priorities, with quantum security becoming a dominant theme, surpassing the urgency of Artificial Intelligence discussions [1][2]. Group 1: Industry Context - Quantum computing poses a significant threat to current cryptographic standards, potentially rendering obsolete the systems that secure over 95% of global internet traffic, including RSA, Diffie-Hellman, and ECC [3]. - The "record now, decrypt later" threat indicates that adversaries are already collecting encrypted data for future decryption as quantum capabilities advance [3]. Group 2: Company Initiatives - SEALSQ and WISeKey presented deployable solutions for quantum security, including post-quantum secure semiconductors and new cryptographic methods embedded at the hardware level [4]. - The companies emphasized the need for immediate deployment of quantum-safe security solutions during high-profile discussions, including the CNBC Quantum Panel [5]. Group 3: Strategic Imperatives - The transition to quantum-resistant standards is critical for protecting digital trust and long-term data confidentiality, urging governments and enterprises to assess their vulnerabilities and sensitive data [7]. - Quantum security includes both Post-Quantum Cryptography and Quantum Key Distribution, with a strategic shift towards hybrid and fully quantum-resistant architectures becoming imperative [6]. Group 4: Company Overview - SEALSQ is focused on developing Post-Quantum Technology solutions, integrating semiconductors and PKI to address security challenges posed by quantum computing [8]. - The company is pioneering Post-Quantum Semiconductors designed to protect sensitive data across various applications, ensuring resilience against quantum threats [9].

Core Insights - The event "Trust and Convergence 2026: The Year of Quantum Security" aims to address the challenges of maintaining trust and security in a rapidly evolving technological landscape, particularly with the rise of quantum computing [1][2] - The gathering aligns with the World Economic Forum's 2026 Annual Meeting theme "A Spirit of Dialogue," focusing on collaboration amidst significant geopolitical and technological changes [3] Group 1: Event Overview - The event will take place on January 21, 2026, in Davos, bringing together leaders from various sectors to discuss the intersection of technology and human values [1] - Carlos Creus Moreira, the CEO of WISeKey, will chair the discussions, emphasizing the urgency of quantum security [4] Group 2: Key Themes and Discussions - The gathering will explore how technologies like AI, quantum computing, and cybersecurity are converging, necessitating a re-engineering of trust models [2][6] - Discussions will focus on the evolution of digital identity and governance in a post-quantum world, as well as the importance of public-private collaboration [6] Group 3: Notable Speakers - The event features prominent speakers, including David Fergusson, who will discuss the synthesis of technology, geopolitics, and human values [5] - Other notable participants include experts from IBM, MIT, and various technology and cybersecurity firms, contributing diverse perspectives on the challenges and opportunities in the field [5][11] Group 4: Technological Focus - A significant emphasis will be placed on the deployment of post-quantum cryptography and secure hardware to protect against emerging threats [7] - The role of space infrastructure in establishing a resilient digital ecosystem will also be a critical topic of discussion [7] Group 5: Company Background - WISeKey is a leader in cybersecurity, digital identity, and IoT solutions, with a focus on securing digital ecosystems through its various subsidiaries [8][9] - The company has deployed over 1.6 billion microchips across IoT sectors, playing a vital role in securing the Internet of Everything [9]

Core Insights - The event "Trust and Convergence 2026: The Year of Quantum Security" aims to address the challenges of maintaining trust and security in a rapidly evolving technological landscape, particularly with the rise of quantum computing [1][2] - The gathering aligns with the World Economic Forum's 2026 Annual Meeting theme "A Spirit of Dialogue," focusing on collaboration amid significant geopolitical and technological changes [3] Event Overview - The event will take place on January 21, 2026, in Davos, Switzerland, and will feature global leaders, policymakers, and technologists discussing the intersection of various technologies [1][2] - Carlos Creus Moreira, the Founder and CEO of WISeKey, will chair the event, emphasizing the urgency of quantum security [4] Discussion Topics - Key discussions will include the disruption of existing trust models by quantum computing across various sectors such as government, finance, and healthcare [6] - The need for evolution in digital identity and governance in a post-quantum world will be a focal point, alongside the importance of public-private leadership [6][7] Technological Focus - The event will highlight the deployment of post-quantum cryptography and secure hardware, addressing threats like "harvest-now, decrypt-later" [7] - Space infrastructure will be discussed as a critical component for establishing global trust in digital systems [7] Speaker Lineup - The event features a diverse group of speakers from various fields, including technology, policy, and ethics, such as David Shrier from Imperial College London and Mark Hughes from IBM Consulting Cybersecurity Services [5][11]

Core Viewpoint - SEALSQ Corp is positioned as a leader in post-quantum semiconductor and cryptographic security technologies, emphasizing the urgent need for quantum-safe technologies to protect critical infrastructure and sensitive data in light of the launch of the "Year of Quantum Security 2026" [1][3][6] Group 1: Company Initiatives - The launch of "Year of Quantum Security 2026" in Washington, D.C. highlights the need for coordinated global strategies to address risks from quantum computing [1][6] - SEALSQ has been preparing for the need to secure long-lived data and critical infrastructure against quantum-enabled threats [2][6] - The company has partnered with Trusted Semiconductor Solutions to supply post-quantum-ready semiconductor platforms to U.S. government and enterprise customers [4][5] Group 2: Technology and Products - SEALSQ's products include secure microcontrollers and chips with quantum-resistant cryptographic algorithms, designed to protect against harvest-now-decrypt-later attacks [4][9] - The company is expanding its roadmap to include next-generation quantum-enabled infrastructure, focusing on the protection of quantum processors and secure provisioning of quantum networks [5][9] - SEALSQ's technology integrates semiconductors, PKI, and provisioning services, addressing security challenges posed by quantum computing [8][9] Group 3: Industry Context - The launch of YQS2026 underscores the risks of fragmented national approaches and delayed planning in quantum-safe migration, which is a multi-year journey [6][7] - As global governments and industries transition from awareness to action, SEALSQ is prepared to support partners with technologies that secure critical infrastructure and digital identity [7][8]

Core Insights - D-Wave Quantum (QBTS) is experiencing increased adoption of its quantum computing solutions, as evidenced by several new and renewed customer agreements across various industries during Q3 2025 [1][8] Group 1: Customer Agreements and Industry Engagements - D-Wave signed agreements with major players including a large U.S.-based international airline, SkyWater Technology, and Japan Tobacco's pharmaceutical division, indicating strong interest in quantum computing across aviation, semiconductors, and pharmaceuticals [1][2] - The company also entered into an agreement with Yapi Kredi, a leading Turkish bank, showcasing the relevance of quantum computing in financial services [2] - An engagement with Korea Quantum Computing was established to enhance D-Wave's presence in the Asia-Pacific region [2] - Collectively, these agreements contributed to $2.4 million in bookings for the third quarter [3][8] - A significant EUR 10 million agreement was highlighted for deploying a D-Wave Advantage2 annealing quantum computer in Europe shortly after the third quarter [3] Group 2: Peer Updates - Quantum Computing Inc. (QUBT) announced a purchase order from a top 5 U.S. bank for its quantum security solutions, marking a milestone for its platform [4] - Rigetti Computing (RGTI) formed strategic collaborations to advance quantum networking and integrate its QPUs with AI supercomputing environments [5] Group 3: Stock Performance and Valuation - QBTS shares have increased by 509.3% over the past year, significantly outperforming the broader Internet Software industry's growth of 6.2% and the S&P 500's gain of 22.1% [6] - The current forward Price-to-Sales (P/S) ratio for QBTS is 234.36X, compared to the industry average of 5.55X, indicating a high valuation [9] Group 4: Earnings Estimates - The loss per share estimate for D-Wave has narrowed by 1 cent to 20 cents for 2025 over the past 30 days [10]

Core Insights - BTQ Technologies Corp. has been included in the VanEck Quantum Computing UCITS ETF, highlighting its growing presence in the quantum technology sector [1][3] - The ETF aims to track the MarketVector Global Quantum Leaders Total Return Net Index, which includes 30 companies involved in quantum computing [2][4] - BTQ's inclusion in the ETF is seen as a significant step in broadening investor access to its quantum security solutions [4][6] Company Overview - BTQ Technologies is a global quantum technology company focused on securing mission-critical networks and transitioning from classical networks to the quantum internet [1][6] - The company offers a full-stack quantum computing platform, including hardware, middleware, and post-quantum security solutions for various industries such as finance and telecommunications [6] ETF and Index Context - The VanEck Quantum Computing UCITS ETF is Europe's first quantum computing UCITS ETF, launched in May 2025, with total net assets of approximately $524.5 million as of January 8, 2026 [2][5] - The ETF is physically replicated and has a total expense ratio of 0.55%, providing diversified exposure to companies with significant quantum-related operations or patent ownership [5]

Core Insights - Aegis Critical Energy Defence Corp. has launched the 5 MWh MBT-Seetel containerised energy storage system, designed for scalable deployment across the Americas and suitable for extreme environments [1][2] Group 1: Product Features and Strategic Advantages - The MBT-Seetel sets a new standard for safety, scalability, and resilience, integrating Indigenous-led systems, Canadian technology, and global manufacturing expertise to meet the needs of utilities, defence agencies, and remote communities [2][4] - The system is engineered for mission readiness, focusing on defence energy resilience and sovereign infrastructure protection, utilizing Canadian quantum security and advanced materials [4] - Key operational requirements supported by the MBT-Seetel include energy support for forward operating bases, Arctic deployments, remote power for radar and telecom stations, and emergency response capabilities [7] Group 2: Company Developments and Partnerships - Aegis has transitioned from Energy Plug to a defence-focused platform, enhancing its public market identity and strengthening its balance sheet through strategic partnerships with SEETEL, Quantum eMotion, and Malahat Battery Technologies [5] - The company has launched next-generation battery systems, including a 261 kWh platform and the Tough Bhoy™, designed for Arctic and defence applications, while also securing pre-orders and forming Cordelia BESS for grid-scale opportunities [5] - The MBT-Seetel is fully certified for North America and Europe, with the first delivery expected in Q2 2026, and features a commissioning-ready design for plug-and-play deployment [7]