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SEALSQ Corp (NASDAQ: LAES) is a leading developer of certified secure microcontrollers and post-quantum cryptography technologies. The company focuses on creating innovative solutions including post-quantum microchips and devices for a wide array of applications such as multi-factor authentication, home automation, IT network infrastructure, automotive, industrial automation, and control systems.
SEALSQ's vaultIC range offers a complete set of ready-to-use secure elements designed to implement embedded security for any device, ensuring fast time-to-market and high flexibility. Key products in their lineup include VaultIC155, VaultIC40x, VaultIC292, and VaultIV18x, primarily catering to the North American market.
Recently, SEALSQ has been at the forefront of integrating quantum computing and Internet of Things (IoT) technologies, driving advancements in urban planning, healthcare, and logistics by leveraging quantum algorithms for efficient data processing. With concerns about quantum computers potentially breaking current encryption methods, SEALSQ's post-quantum semiconductor technologies aim to provide robust security measures to safeguard digital identities and data.
The company is deeply involved in the U.S. government's
SEALSQ Corp (NASDAQ: LAES) provided an update on addressing its non-compliance with Nasdaq's minimum bid price requirement. The company has until January 28, 2025 to regain compliance, requiring its shares to trade at $1.00 or above for at least 10 consecutive business days. SEALSQ aims to achieve compliance through its semiconductor segment activities. If unsuccessful, the company plans to request an additional 180-day extension, confirming it currently meets all necessary criteria for such an extension. The company may consider a reverse stock split if needed to maintain Nasdaq listing.
SEALSQ (NASDAQ: LAES) announced strengthening its strategic collaboration with parent company WISeKey to integrate cutting-edge technologies across three verticals: semiconductors, satellite connectivity, and blockchain. The partnership combines SEALSQ's post-quantum cryptographic chips with WISeKey's cybersecurity and IoT solutions. Key developments include advanced semiconductor solutions for IoT sensors, WISeSat's low-earth orbit nanosatellite connectivity, and the SEALCOIN platform for blockchain-enabled M2M transactions. The SEALCOIN Beta release is expected in Q1 2025 on the Hedera TestNet, with SEALSQ serving as a semiconductor supplier through SEALCOIN AG.
SEALSQ Corp (NASDAQ: LAES) announced its alignment with the newly adopted COP29 standards to enhance sustainability in the IoT industry. The company is integrating blockchain technology to provide transparent carbon credit tracking and management, following the establishment of new carbon crediting framework standards at the UN COP29 climate summit in Baku, Azerbaijan. SEALSQ's initiative, in collaboration with CarbonMinus, aims to address challenges in carbon markets through a digitized, fraud-resistant system that enables companies to efficiently manage CO₂ offsets and contribute to global climate goals while maintaining operational efficiency.
SEALSQ Corp (NASDAQ: LAES) announced progress in custom ASIC development projects across India, Spain, and Saudi Arabia. The company specializes in developing application-specific integrated circuits with embedded post-quantum cryptographic algorithms for various sectors including telecommunications, automotive, and healthcare. The global ASIC market is projected to grow from $24.6 billion in 2023 to $41.7 billion by 2030, with a 7.8% CAGR. SEALSQ's ASICs utilize MOS technology to deliver high-density performance and security features, positioning the company strategically in the semiconductor market amid growing US-China competition.
SEALSQ Corp (NASDAQ: LAES) announced its secure digital identity ecosystem for strengthening 5G networks against cyber threats and protecting user privacy. The system leverages Public Key Infrastructure (PKI) with WebTrust Roots and Root Certificate Authorities as its foundation. The technology focuses on quantum-resistant cryptographic solutions to address future quantum computing threats to traditional cryptography.
The ecosystem serves various industrial sectors including manufacturing, automotive, healthcare, energy, agriculture, and logistics. Through WISeKey's Root of Trust integration, the solution enables secure device authentication and communication within 5G networks, supporting compliance with regulatory standards and facilitating faster adoption of new technologies across sectors dependent on data integrity.
SEALSQ (NASDAQ: LAES) announced it will showcase the integration of its VaultIC292 Secure Element with ESPRESSIF's ESP32 Microcontroller at Electronica 2024 in Munich. The demonstration will feature a MATTER device commissioning process, highlighting how the integration enhances security for IoT applications. The combination of ESP32's low-cost, low-power capabilities with VaultIC292's secure element provides robust protection for IoT devices using the MATTER protocol, enabling secure key storage, cryptographic operations, and device authentication. The showcase will be available at Hall C4, Booth 119 from November 12-15, 2024.
SEALSQ Corp (NASDAQ: LAES) is hosting a webinar titled 'The Day After Tomorrow: IoT Security in the Post-Quantum Age' to showcase their latest advancements in post-quantum technologies. The webinar will focus on how quantum computing impacts cybersecurity and the importance of post-quantum cryptography (PQC).
Key topics include the disruption of traditional cybersecurity by quantum computing, AI's role in quantum security, and SEALSQ's post-quantum semiconductor technology. The event will address how PQC can ensure data security and what steps organizations should take to prepare for the quantum era. The webinar starts at 11:00 am ET (4:00 pm CET).
SEALSQ Corp (NASDAQ: LAES) announces its comprehensive Root of Trust (RoT) solution, combining Public Key Infrastructure (PKI) and hardware-based security. This unique offering provides end-to-end security for businesses and organizations, covering cryptographic key management and device-level security.
SEALSQ's RoT is built on multiple accreditations, including WebTrust certification for Managed PKI for IoT, and compliance with industry standards like Matter and GSMA. In hardware, SEALSQ offers secure microcontrollers certified under Common Criteria EAL5+ and NIST FIPS140-3.
The company is also developing post-quantum RoT solutions, including QVault TPM and QS7001 hardware platforms, designed to be resilient against quantum computing threats. SEALSQ's integrated security stack positions it as a leader in both current and future digital security needs.
SEALSQ Corp (NASDAQ: LAES) has announced a strategic partnership with Allion Labs Japan Inc. to help IoT device manufacturers create secure and standard-compliant products. The collaboration aims to assist manufacturers in meeting key protocols like Matter and complying with new international IoT security regulations such as the EU Cyber Resilience Act and the US Cyber Trust Mark.
Allion Japan will serve as SEALSQ's Sales Representative in Japan and an Authorized Test Laboratory for CSA Matter certification. The partnership offers comprehensive support from product development to certification, leveraging SEALSQ's vertical integration across the IoT security stack, including hardware secure elements, chip personalization services, industry-compliant Root of Trust, and managed PKI services.
Both companies are participating in the CEATEC 2024 exhibition to promote Matter-compliant smart-home solutions, emphasizing the importance of secure, interoperable IoT devices in today's connected world.
SEALSQ Corp (NASDAQ: LAES) has announced that its Post Quantum products and services are designed to address the vulnerability of RSA algorithms to quantum computers, recently exposed by Chinese researchers. In response to this threat, SEALSQ plans to offer a new generation of Quantum Resistant chips in 2025 and integrate WISeKey's latest advancements in Post-Quantum Encryption into its PKI as-a-service platform (INeS).
Key products include the QS7001, a RISC-V secure hardware platform for IoT security incorporating NIST's recommended quantum-resistant algorithms, and the QVault TPM, a Quantum Resistant Trusted Platform Module compliant with NIST FIPS 140-3 requirements. WISeKey, SEALSQ's parent company, is developing new Trust Services using post-quantum encryption for real-world applications of digital signatures and encryption.
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