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SEALSQ Corp (Nasdaq: LAES) has partnered with The Hashgraph Association to launch SEALCOIN, a new digital asset built on the Hedera Network for the Decentralized Physical Infrastructure Network (DePIN) sector. SEALCOIN is a hybrid payment and utility token enabling seamless data and digital asset exchanges between billions of internet-connected devices, with applications in smart home devices, supply chain management, autonomous vehicles, smart cities, and more. The release of a M2M Proof of Concept (PoC) is scheduled for mid-July 2024, showcasing innovative capabilities in enabling Service vs Payment transactions between machines.
SEALSQ Corp rebranded its semiconductor manufacturing business from WISeKey Semiconductors S.A.S to SEALSQ France S.A.S to enhance post-quantum semiconductor development in Meyreuil, Aix-en-Provence. The strategic move aims to accelerate cutting-edge technology advancements, such as the QUASARS project for quantum-resistant platforms, leading to the production of post-quantum semiconductors like the QS7001™ RISC V. SEALSQ plans to expand its workforce, seek funding under the European Chips Act, and develop custom quantum-resistant chips with major electronics manufacturers. This transformation reinforces SEALSQ's commitment to technological progress, France's position in the semiconductor market, and Europe's goal to boost semiconductor production by 2030.
SEALSQ Corp (NASDAQ: LAES) announces the production phase of engineering samples for its new quantum-resistant hardware platform, QS7001™. The company is also developing custom ASICs for key market players, fueling business growth and revenue opportunities. SEALSQ's focus on post-quantum technology reflects its strategic move towards a new pipeline of business opportunities and revenues.