Geneva, Switzerland, Dec. 15, 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 product, and Airmod, a renowned French-based embedded software design house specializing in secure electronic systems for aerospace, drones, consumer electronics, and IoT applications, today unveiled a game-changing partnership: a production-ready, open-source-enabled middleware stac ...

Core Insights - SEALSQ Corp emphasizes the urgent need for organizations and governments to transition to quantum-resilient security due to the imminent threat posed by quantum computing [1][4] - Vitalik Buterin warns that quantum computers capable of breaking current cryptography may arrive as early as 2030, highlighting the necessity for immediate preparation [2][3] - SEALSQ and its parent company WISeKey are taking proactive measures to secure a post-quantum future through the development of advanced hardware and cryptographic frameworks [5][6] Company Actions - SEALSQ has announced a comprehensive Post-Quantum Cryptocurrency Protection Roadmap aimed at safeguarding digital assets across the blockchain ecosystem [5] - The roadmap includes the integration of NIST-selected algorithms and the development of quantum-resistant secure element chips and TPMs for hardware wallets [6][7] - SEALCOIN, a sister company, is leveraging SEALSQ's technology to ensure quantum-safe protection for M2M payments and contribute to quantum-resilience efforts within the blockchain ecosystem [8][9] Industry Context - The transition to post-quantum cryptography is critical as traditional methods like RSA and Elliptic Curve Cryptography are increasingly vulnerable to quantum threats [10][11] - SEALSQ is positioned as a leader in developing post-quantum semiconductors that provide robust protection for various applications, including healthcare, automotive, and industrial systems [11]

Core Insights - SEALSQ Corp emphasizes the urgent need for organizations and governments to transition to quantum-resilient security due to the imminent threat posed by quantum computing [1][4] - Vitalik Buterin warns that quantum computers capable of breaking current cryptography could emerge as early as 2030, highlighting the necessity for immediate preparation [2][3] - SEALSQ and its parent company WISeKey are taking proactive measures to secure the post-quantum future through the development of advanced hardware and cryptographic frameworks [5][6] Company Actions - SEALSQ has announced a comprehensive Post-Quantum Cryptocurrency Protection Roadmap aimed at safeguarding digital assets across the blockchain ecosystem [5] - The roadmap includes the integration of NIST-selected algorithms and the development of quantum-resistant secure element chips and next-generation PKI platforms [6][7] - SEALCOIN, a sister company, is leveraging SEALSQ's technology to ensure quantum-safe protection for M2M payments and contribute to quantum-resilience efforts within the blockchain ecosystem [8][9] Industry Context - The transition to post-quantum cryptography is critical as traditional methods like RSA and ECC are increasingly vulnerable to quantum threats [10][11] - SEALSQ is pioneering the development of Post-Quantum Semiconductors designed to protect sensitive data across various applications, including healthcare, automotive, and industrial systems [11]

Core Insights - Quantum stocks experienced volatility due to potential U.S. government investment in the sector, with initial sell-offs followed by recovery on positive news [1][2][3] Group 1: Market Reactions - Quantum stocks sold off early in the week, influenced by a Reuters report on potential U.S. export curbs to China [1] - A subsequent Wall Street Journal report indicated discussions between several quantum companies and the U.S. government for financial support, leading to a rebound in stock prices [2][3] - Quantum stocks, including IonQ, Rigetti, and D-Wave, faced significant declines, with D-Wave down 15% and Rigetti down 16% over the week [7] Group 2: Company Developments - SEALSQ Corp. launched the Quantum Shield QS7001, a secure chip with NIST-standardized post-quantum cryptography, and achieved a market cap exceeding $1 billion [4][5] - IonQ announced a new global benchmark in computational accuracy with 99.99% two-qubit gate fidelity, surpassing the previous record [6] - Despite the overall market decline, IonQ's stock performed relatively better, closing down only 4% over the past five days [6]

Core Insights - SEALSQ Corp has launched the Quantum Shield QS7001, the first secure chip embedding NIST-standardized Post-Quantum Cryptography algorithms at the hardware level, set to debut in mid-November 2025 [1][2] - The chip integrates ML-KEM (CRYSTALS-Kyber) and ML-DSA (CRYSTALS-Dilithium) algorithms, offering up to 10× performance gains and enhanced security features [2] - SEALSQ is positioned to address the security risks posed by quantum computing, with NIST's 2024 PQC standards and new mandates requiring PQC adoption by 2030 [3] Product Features - The Quantum Shield QS7001 provides advanced tamper protection and side-channel resistance, built as an open hardware platform supporting custom firmware [2] - Development kits for the chip will be available by mid-November 2025, with QVault TPM variants expected in the first half of 2026 [2] Market Context - Quantum computing poses a significant threat to existing ECC and RSA systems, which are critical for sectors like defense, healthcare, and energy [3] - SEALSQ's solutions are designed to mitigate risks associated with future quantum attacks and "Harvest Now, Decrypt Later" scenarios [3] Company Positioning - SEALSQ is one of fewer than ten companies globally certified to Common Criteria EAL5+ and FIPS 140-3 standards, with secure personalization centers in Switzerland and France [4] - The company is exploring new locations in California and Arizona for a Post-Quantum Personalization Center to support secure chip provisioning for various applications [4] Global Reach - SEALSQ has secured over 1.75 billion devices worldwide, reinforcing its leadership in post-quantum security through a combination of certified hardware and trusted services [5] - The company focuses on developing Quantum Resistant Cryptography and Semiconductors to address urgent security challenges posed by quantum computing [6][7]

Core Insights - SEALSQ Corp has announced the launch of the Quantum Shield QS7001, the first secure chip to integrate NIST-standardized Post-Quantum Cryptography (PQC) algorithms directly at the hardware level, set for official release in mid-November 2025 [2][6][13] Product Details - The Quantum Shield QS7001 incorporates PQC algorithms ML-KEM (CRYSTALS-Kyber) and ML-DSA (CRYSTALS-Dilithium) directly in silicon, providing 10× performance gains, enhanced side-channel resistance, and advanced tamper protection [5][6] - The chip is designed as an open hardware platform, supporting custom firmware and hybrid cryptography migration, with development kits expected to be available to customers [6] Industry Context - Quantum computing poses a significant threat to existing public-key cryptography systems, including ECC and RSA, which are widely used across various sectors such as defense, healthcare, and industrial automation [6][7] - The U.S. CNSA 2.0 and Executive Orders mandate the adoption of PQC by 2030, while the EU and allies plan mandatory transitions by 2026–2030 to secure critical sectors against future quantum attacks [7] Company Positioning - SEALSQ is one of fewer than ten companies globally to achieve the highest levels of international security certification, including Common Criteria EAL5+ and FIPS 140-3, and has secured over 1.75 billion devices worldwide [9][13] - The company aims to provide a robust, future-proof protection for sensitive data across various applications, including multi-factor authentication, smart energy, and healthcare systems [15] Use Cases - The Quantum Shield QS7001 is positioned to protect mission-critical systems in defense and aerospace, safeguard patient data in healthcare, ensure the resilience of energy systems, and enable secure authentication in IoT and edge devices [11]

Core Insights - SEALSQ Corp is set to unveil its next-generation chip, the Quantum Shield QS7001, at the IQT Quantum + AI Summit in New York City, scheduled for mid-November 2025 [2][7] - The CEO, Carlos Moreira, will deliver a keynote speech focusing on the importance of quantum-resistant security in the era of quantum computing and artificial intelligence [4][6] - The company emphasizes the need for robust security measures to protect critical data and infrastructure from quantum threats, highlighting the integration of Post-Quantum Cryptography in their semiconductor solutions [11][10] Company Overview - SEALSQ specializes in developing and selling semiconductors, PKI, and Post-Quantum technology hardware and software products [4][9] - The company is recognized as a leading innovator in Post-Quantum Technology, aiming to address security challenges posed by advancing quantum computing [9][11] - SEALSQ's products are designed to safeguard sensitive data across various applications, including healthcare, defense, and industrial automation [11] Event Participation - The IQT Quantum + AI Summit will take place from October 19–21, 2025, where SEALSQ will participate in discussions with other industry leaders [5][8] - The keynote titled "AI Meets Quantum, Building Unbreakable Post-Quantum Security" will address global regulations and standards that are shaping the transition beyond classical cryptography [6][4]

Financial Data and Key Metrics Changes - For the first half of 2025, revenues grew slightly by $0.1 million to $5.3 million, reflecting a continued transition period ahead of expected growth in the second half [19] - Operating losses increased by $13.2 million to $27.3 million, primarily due to a one-off stock-based compensation charge and increased investments in R&D and administrative costs [20] - The net loss for the six months ending June 2025 was $22.3 million, an increase of $6.8 million compared to the same period last year [21] - The company has a strong cash balance of $124.6 million as of June 30, 2025, allowing for accelerated technological development and strategic investments [21] Business Line Data and Key Metrics Changes - The company is focusing on next-generation quantum-resistant chips, the SealCoin transactional IoT platform, and the WISe.ART expansion [21] - The backlog of booked orders for 2026 is approximately 300% higher than at the end of 2025, indicating strong future demand [19] Market Data and Key Metrics Changes - The company expects full-year revenues to be in the range of $18 to $21 million, driven by a return to growth in demand for traditional semiconductor products and the consolidated revenue of IC'ALPS [22] - A robust pipeline of revenue opportunities amounting to $170 million for the period 2026 to 2028 has been established [17] Company Strategy and Development Direction - The company is executing a quantum convergence strategy that combines traditional identity security methods with emerging quantum-safe technologies [6][7] - Strategic partnerships, such as the QuantumX security initiative in Spain, are being developed to enhance shareholder value and create new addressable markets [13] - The company is also focusing on scaling execution and expanding its operational capabilities in the second half of 2025 [15] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in strong growth in the second half of the year, with expectations of increased demand for quantum-resistant solutions due to regulatory pressures [22][36] - The company is positioning itself to shape the future of digital trust and security, emphasizing the importance of quantum resilience in critical infrastructures [17][36] Other Important Information - The company is pioneering the integration of post-quantum cryptography into its semiconductor products, with the first post-quantum chip expected to be launched in November 2025 [8][10] - The WISe.ART platform is evolving to include digital twin technology and is expected to generate new revenue streams through tokenization and machine-to-machine transactions [40][42] Q&A Session Summary Question: Contribution from Quantix and margin expectations - The contribution from Quantix is expected to be $25 million over three years, with varying margins depending on the nature of the project [24] - Product revenues are anticipated even before the personalization center is fully operational [25] Question: Breakdown of the $170 million pipeline - The pipeline includes contributions from the Quantum Shield QS7001 chip, Trusted Platform Model (TPM) chips, and revenue from personalization centers [33][37] Question: Path to commercializing WISe.ART and SealCoin - The commercialization of WISe.ART is focused on creating digital twins and integrating SealCoin as a payment method for transactions between devices [39][42]

Financial Data and Key Metrics Changes - For the first half of 2025, revenues grew slightly by $0.1 million to $5.3 million, reflecting a continued transition period ahead of expected growth in the second half [19] - Operating losses increased by $13.2 million to $27.3 million, largely due to a one-off stock-based compensation charge and increased investments in R&D and infrastructure [20] - Net loss for the six months ended June 2025 was $22.3 million, an increase of $6.8 million compared to the same period last year [21] - The company has a strong balance sheet with a cash balance of $124.6 million as of June 30, 2025, allowing for accelerated technological development [21] Business Line Data and Key Metrics Changes - The company is focusing on next-generation quantum-resistant chips, the SealCoin transactional IoT platform, and the WISe.ART expansion [21] - The backlog of booked orders for 2026 is approximately 300% higher than at the end of 2025, indicating strong demand for CLSQ's products [19] Market Data and Key Metrics Changes - The company expects full-year revenues to be in the range of $18 to $21 million, driven by demand for CLSQ's semiconductor products and the consolidated revenue of IC'ALPS [22] - A robust pipeline of revenue opportunities amounting to $170 million for the period 2026 to 2028 has been established [17] Company Strategy and Development Direction - WISeKey is executing a quantum convergence strategy that combines traditional identity security methods with emerging quantum-safe technologies [6][7] - The company is building a decentralized value model through strategic partnerships, such as the QuantumX security initiative in Spain, which has secured €25 million in committed revenue over three years [13] - The focus is on scaling execution and expanding the WISe.ART constellation to increase coverage and open new subscriptions [15][16] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in strong growth in the second half of 2025, with expectations of increased demand for quantum-resistant solutions due to regulatory pressures [22][36] - The company is positioning itself to shape the future of digital trust and security, emphasizing the importance of quantum resilience in critical infrastructures [17][36] Other Important Information - The Quantum Shield QS7001 chip, set to launch in November 2025, aims to secure critical applications against quantum computing threats [8][9] - The company is also developing a Trusted Platform Model version of the QVAULT TPM, which is expected to enhance security and efficiency [10] Q&A Session Summary Question: Contribution from Quantix and margins on project revenue - The project is expected to contribute $25 million over three years, with varying margins depending on the type of revenue recognized [24] - Product revenues are anticipated even before the personalization center is fully operational [25] Question: Breakdown of the $170 million pipeline - The pipeline includes contributions from the Quantum Shield QS7001 chip, Trusted Platform Model chips, and revenue from personalization centers [33][37] Question: Path to commercializing WISe.ART and expectations for 2026 - WISe.ART aims to create digital twins of secured objects, with SealCoin as the payment method for transactions between devices [40][42] - The company is working on bringing SealCoin to a top exchange, which will diversify revenue streams [42]

Financial Data and Key Metrics Changes - For the first half of 2025, revenues grew slightly by $0.1 million to $5.3 million, reflecting a continued transition period ahead of expected growth in the second half [19] - Operating losses increased by $13.2 million to $27.3 million, largely due to a one-off stock-based compensation charge and increased investments in R&D and administrative costs [20] - The net loss for the six months ended June 2025 was $22.3 million, an increase of $6.8 million compared to the same period last year [21] - A strong balance sheet with a cash balance of $124.6 million as of June 30, 2025, allows for accelerated technological development and strategic investments [21] Business Line Data and Key Metrics Changes - The company is focusing on next-generation quantum-resistant chips, the SealCoin transactional IoT platform, and the expansion of the WISe.ART constellation [21] - The backlog of booked orders for 2026 is approximately 300% higher than at the end of 2025, indicating strong demand and confidence in future growth [19] Market Data and Key Metrics Changes - The company expects full-year revenues to be in the range of $18 to $21 million, driven by a return to growth in demand for traditional semiconductor products and the consolidation of IC'ALPS revenue [22] - A robust pipeline of revenue opportunities amounting to $170 million for the period 2026 to 2028 has been established, indicating strong market potential [17] Company Strategy and Development Direction - The company is executing a quantum convergence strategy that combines traditional identity security methods with emerging quantum-safe technologies [6][7] - Strategic partnerships, such as the QuantumX security initiative in Spain, are being developed to enhance shareholder value and create new addressable markets [13] - The company is also focusing on building personalization centers in various countries to reduce dependency on semiconductor supply chains [29] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's growth trajectory, emphasizing the importance of transitioning to quantum-resilient security solutions ahead of regulatory changes expected by 2027 [36] - The company is shaping the future of digital trust and cybersecurity, positioning itself to capitalize on the growing demand for quantum-safe technologies [17] Other Important Information - The Quantum Shield QS7001 chip, set to be launched in November 2025, aims to secure critical applications against quantum computing threats [8][9] - The company is pioneering the integration of post-quantum cryptography into its products, ensuring backward compatibility and avoiding disruption [6] Q&A Session Summary Question: Contribution from Quantix and revenue recognition - The project is expected to contribute $25 million over three years, with varying margins depending on the type of revenue recognized [24] - Product revenues are anticipated even before the center is fully operational [25] Question: Breakdown of the $170 million pipeline - The pipeline includes contributions from the Quantum Shield QS7001 chip, Trusted Platform Model (TPM) chips, and revenue from personalization centers [33][36] Question: Path to commercializing WISe.ART and SealCoin - The commercialization involves creating digital twins of secured objects and integrating SealCoin as a payment method for transactions between devices [40][42]