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SEALSQ Completes Its Validation of QS7001 Quantum Resistant Hardware Platform Cryptographic Toolbox
Globenewswire· 2025-07-17 14:45
Core Insights - SEALSQ Corp has successfully completed the cryptographic toolbox validation stage for its QS7001 post-quantum hardware platform, which is expected to be available in Q4 2025 for early customers [1][2] - The QS7001 platform implements NIST-standardized post-quantum cryptographic algorithms, including Kyber and Dilithium, and is designed for low-latency, high-throughput encryption [2][6] - The company is also developing the QVault TPM, which integrates a TPM 2.0 stack on the QS7001 platform, targeting the PC, laptop, and IoT devices market, with a planned launch in H1 2026 [7] Product Features and Benefits - The QS7001 is a RISC-V-based secure hardware platform that provides quantum-resistant security and is optimized for energy-efficient operation in IoT and edge devices [3][6] - Key features include tamper-resistant security, scalable integration for various applications, and regulatory compliance with the EU Cyber Resilience Act [6][7] - The platform aims to protect sensitive data across multiple sectors, including automotive, healthcare, and critical infrastructure, ensuring long-term data integrity against quantum attacks [6][9] Market Position and Strategy - SEALSQ positions itself as a leader in post-quantum technology, focusing on developing state-of-the-art quantum-resistant cryptography and semiconductors to address security challenges posed by quantum computing [8][9] - The company emphasizes the importance of its products in safeguarding critical systems and enhancing resilience across diverse industries, thereby maintaining a competitive edge in the market [9]
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, ColibriTD, and Xdigit Announce Plan to Develop a Breakthrough Quantum Computing Based Solution Set to Revolutionize Semiconductor Wafer Yields for Sub-7nm Nodes
Globenewswire· 2025-06-23 12:30
Geneva, Switzerland, June 23, 2025 (GLOBE NEWSWIRE) -- By addressing IR Drop at sub-7nm nodes, the solution can significantly boost wafer yields, potentially saving manufacturers millions in production costs; improving yield from 50% to 80% on a single wafer could cut per-chip costs by nearly half. 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, together with ColibriTD, a p ...
SEALSQ Unveils Quantum-Resistant Cryptography with QS7001 to Secure Bitcoin Wallets Against Quantum Threat
Globenewswire· 2025-05-21 13:15
Core Viewpoint - SEALSQ Corp has introduced its advanced post-quantum cryptographic technology, QS7001, to secure Bitcoin wallets against potential quantum computer threats, marking a significant advancement in blockchain asset security in the quantum era [3][4]. Group 1: Quantum Threat to Bitcoin - Bitcoin wallets utilize elliptic curve cryptography (ECC), specifically the secp256k1 curve, which is vulnerable to quantum attacks using Shor's algorithm, potentially compromising wallet security [4]. - The advancement of quantum computing poses a significant risk to the integrity of decentralized finance, necessitating robust security measures [4]. Group 2: SEALSQ's Quantum-Resistant Solution - SEALSQ's PQC technology is based on NIST-standardized algorithms CRYSTALS-Kyber and CRYSTALS-Dilithium, designed to withstand quantum attacks and ensure forward secrecy and unforgeable signatures [5]. - The QS7001 secure element integrates these algorithms, providing hardware-backed security optimized for resource-constrained environments like hardware wallets and IoT devices [6][7]. Group 3: Migration Framework for Developers - SEALSQ offers a migration framework for Bitcoin wallet developers, emphasizing the importance of post-quantum cryptography for future-proofing blockchain security [8]. - The company highlights the necessity of trusted roots in cryptography to ensure security against quantum threats, positioning itself as a leader in semiconductor-driven cybersecurity [8]. Group 4: About SEALSQ - SEALSQ is a pioneer in developing post-quantum technology solutions, integrating semiconductors and public key infrastructure to address security challenges posed by quantum computing [9][10]. - The company aims to provide robust protection for sensitive data across various applications, ensuring organizations remain secure against quantum threats [10].
SEALSQ's Advanced Cybersecurity Solutions for Drone and Satellite Telecommunications, Position It as a Technology Leader in Key Sectors Including Defense, Smart Farming and Logistics
GlobeNewswire News Room· 2025-05-06 13:25
Core Insights - SEALSQ Corp is enhancing its position in the cybersecurity market for unmanned aerial vehicles (UAVs) and satellite telecommunications through strategic partnerships and technological advancements [1][2][5] Group 1: Strategic Partnerships - SEALSQ has formed partnerships with Parrot and AgEagle Aerial Systems to integrate its secure elements into their UAV products, ensuring robust cybersecurity for various applications [2][3] - Parrot has incorporated SEALSQ's NIST FIPS 140-2 Level 3 certified secure elements into its flagship drone models, enhancing cryptographic operations and software integrity [2] - AgEagle's eBee VISION UAS, designed for intelligence and reconnaissance missions, also utilizes SEALSQ's secure elements to protect sensitive data [3] Group 2: Technological Advancements - SEALSQ's 2025 roadmap includes the launch of Quantum-Resistant Secure Chips, such as the QS7001 Platform and QVault Trusted Platform Module, to address emerging quantum computing threats [4] - The company is developing a picosatellite constellation, WISeSat, to provide secure IoT connectivity, which is critical for defense and logistics [5][6] - SEALSQ's collaboration with WISeKey aims to integrate quantum-resistant semiconductors into WISeSat picosatellites, ensuring secure communications for defense applications [5][6] Group 3: Market Position and Financial Outlook - The global UAV market is projected to reach $38 billion by 2027, positioning SEALSQ as a trusted security partner in this growing sector [2] - SEALSQ has a $93 million pipeline over the next three years, indicating strong demand for its quantum-resistant semiconductors and IoT security solutions [8] - The company is expanding its global footprint through partnerships to establish chip design and customization centers in Spain and the United States, supported by government incentives [8]
SEALSQ's QS7001 Secure Chip to Quantum-Proof Blockchain Platforms
Newsfilter· 2025-03-26 11:30
Geneva, Switzerland, March 26, 2025 (GLOBE NEWSWIRE) -- The QS7001 Chip in now going through certification process while its release is set for Q4 2025 The QS7001 Chip strengthens blockchain ecosystems against quantum threats with NIST-compliant post quantum cryptographic algorithms 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 that it has finalized testing ...