Sealsq Corp Stock Price, News & Analysis

SEALSQ Corp (NASDAQ: LAES) has been selected by Hager, a global electrical solutions provider, to supply its PKI-as-a-Service platform INeS for Device Attestation Certificates in Hager's Matter-compliant smart home product range. The partnership enables Hager to integrate devices into the Matter ecosystem efficiently while ensuring enhanced security through SEALSQ's Post-Quantum Root of Trust technology.

The collaboration facilitates seamless connectivity of Hager's Matter-compliant devices - including lighting controls, energy management systems, and building automation solutions - with major platforms like Amazon Alexa and Google Home. SEALSQ's solution offers Hager benefits including faster time-to-market, cost-efficient compliance, flexible deployment options, and streamlined certificate management.

SEALSQ Corp (NASDAQ: LAES) has signed a Share Purchase Agreement (SPA) to acquire 100% of IC'ALPS SAS, a French ASIC design and supply specialist. The acquisition follows exclusive negotiations announced in February 2025 and is expected to complete in Q3 2025, pending French regulatory approval.

This strategic move will strengthen SEALSQ's ASIC development capabilities and add approximately 100 highly skilled employees from IC'ALPS' centers in Grenoble and Toulouse. The acquisition aligns with SEALSQ's goal to meet growing sector demand in semiconductors, PKI, and Post-Quantum technology solutions.

SEALSQ Corp (NASDAQ: LAES) has announced a strategic investment in Wecan Token and a partnership with Solana to enhance blockchain security and digital identity solutions. The integration of Wecan Token with SEALSQ's WISeID platform aims to expand secure identity verification across regulated industries.

The partnership leverages Solana Attestation Service (SAS) to anchor sensitive data like land registries onto the blockchain. Wecan Token, with a capped supply of 6 billion tokens, will serve as a utility token for digital signatures, consent management, and verified data sharing.

Key features include streamlined KYC processes, compliance automation, digital signature authorization, cross-border verification, and tokenized consent management. This initiative particularly benefits banks and financial institutions by reducing operational costs and enhancing security through blockchain-based identity verification.

SEALSQ Corp (NASDAQ: LAES) has provided an update on its exclusive negotiations to acquire 100% of IC'ALPS SAS, a French ASIC design and supply specialist. The proposed acquisition terms include a fixed purchase price of EUR 12.5 million, comprising EUR 10 million in cash and EUR 2.5 million in SEALSQ shares, plus a potential earn-out of up to EUR 4 million in shares based on performance targets. IC'ALPS reported unaudited revenue of EUR 9.76 million with a net loss of EUR 2.02 million for 2024, and EUR 8.47 million revenue with EUR 318,000 net income for 2023. The acquisition would add approximately 100 highly skilled staff from IC'ALPS' Grenoble and Toulouse centers. The deal remains subject to conditions, including French regulatory approval.

SEALSQ Corp (NASDAQ: LAES) has launched the MS6003 secure element chip, featuring a preloaded FIDO2 authentication application for enhanced passwordless security. The chip is designed to provide robust protection for identity verification, device integrity, and access control.

The MS6003's key features include rapid time-to-market through pre-provisioning and FIDO2 certification, compliance with Common Criteria EAL5+ standards, versatile integration capabilities for various applications, and end-to-end security backed by SEALSQ's Root of Trust and PKI services.

This launch positions SEALSQ to capitalize on the growing FIDO authentication market, which is projected to expand from $2.16 billion in 2025 to $15.32 billion by 2035, representing a CAGR of 18.3%. The growth is driven by increasing cyber threats, with 80% of data breaches linked to compromised credentials.

SEALSQ Corp (NASDAQ: LAES) has launched its advanced post-quantum cryptographic (PQC) technology integrated into the QS7001 secure element to protect Bitcoin wallets from quantum computer threats. The solution implements CRYSTALS-Kyber and CRYSTALS-Dilithium, NIST-standardized algorithms designed to withstand quantum attacks. The QS7001 secure element provides hardware-backed security features including secure storage of post-quantum private keys and efficient quantum-resistant signing operations. SEALSQ offers a migration framework for blockchain developers featuring hybrid cryptography support, quantum-safe addresses, and key rotation tools. The technology addresses vulnerabilities in Bitcoin's current elliptic curve cryptography (ECC) system, which could be compromised by quantum computers using Shor's algorithm.

SEALSQ (NASDAQ: LAES) demonstrated post-quantum cryptography (PQC) capabilities at Quantum Days 2025 in France, showcasing two NIST-standardized algorithms on their QS 7001 hardware platform. The company presented live demonstrations of Crystal Kyber, a key encapsulation mechanism for secure 256-byte key exchange, and Crystal Dilithium, a digital signature algorithm ensuring message authenticity.

The demonstrations, led by Danielle Fonte from SEALSQ's Product Security Team, highlighted the company's focus on quantum-resistant security solutions for IoT ecosystems. The Kyber demo showed secure key exchange capabilities, while the Dilithium demo verified message integrity and tampering detection, positioning SEALSQ as a provider of NIST-compliant solutions for industries including automotive, healthcare, and smart infrastructure.

SEALSQ Corp (NASDAQ: LAES), a semiconductor and post-quantum technology company, held its 2025 Annual General Meeting in NYC on May 19, 2025. Shareholders approved all proposed resolutions, including the re-election of seven existing board members for one-year terms until the 2026 AGM. The board consists of five non-executive and two executive directors. Additionally, shareholders approved the election of Hossein Rahnama as a new non-executive director. During the AGM, management presented a comprehensive overview of SEALSQ's performance since its listing, covering financial metrics, strategic initiatives, and growth prospects. Shareholders of record as of April 25, 2025, were eligible to vote either in person or through electronic/written instructions.

SEALSQ (NASDAQ: LAES) has announced plans to invest $10 million in WISeSat.Space AG, joining WISeKey as a strategic investor in the WISeSat satellite constellation. The investment aims to build the world's first quantum-resilient satellite network for secure communications and transactional IoT services. The June 2025 mission will demonstrate SEALCOIN's capabilities for decentralized transactions between satellites and IoT devices, powered by Hedera's DLT. WISeSat plans multiple satellite deployments in 2025, including WISeSat 2.1 in Q4 2025, which will feature SEALSQ's WISeKey Quantum RootKey for space-based Quantum Key Distribution. The initiative targets the quantum communication market, which reached $1 billion in 2024 and is projected to grow at a 31.8% CAGR from 2025-2030. The project introduces a "Satellite-as-a-Service" revenue model for secure IoT communications across industries like logistics, smart cities, energy, and defense.