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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
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SEALSQ Corp announces its innovative AI strategy centered around WISeAI.IO, a state-of-the-art machine-learning tool designed to enhance cybersecurity measures and manage digital identities. The strategy represents a revolutionary step forward by SEALSQ in an everchanging AI environment. The company's AIoT strategy integrates semiconductors, smart sensors, IoT systems, AI, and a data cloud, offering customers a fully integrated platform. The integration of Generative AI significantly enhances WISeAI's learning capabilities, impacting the functionality of autonomous IoT devices and enhancing cybersecurity. The AI Roundtable at Davos addressed ethical, safety, and privacy concerns posed by decentralized AI frameworks and explored strategies for managing AI's expanding capabilities responsibly.
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SEALSQ Corp (NASDAQ: LAES) officially launched SEALCOIN, a digital token and advanced cryptocurrency protocol, at its Davos event. The company used Google Cloud to deploy SEALCOIN, aiming to revolutionize M2M payments and IoT communications. SEALCOIN will reshape the economy for internet-driven devices, enabling autonomous transactions, cross-company interactions, and decentralized networks. The protocol is blockchain-based, utilizes smart contracts, and caters to use cases in supply chains, smart homes, and industrial IoT. Details on total supply, distribution, governance, security, roadmap, and future enhancements are forthcoming.
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SEALSQ Corp (NASDAQ: LAES) has announced the launch of SEALCOIN.AI with Google Cloud as a technology provider. SEALCOIN is a digital token and advanced cryptocurrency protocol designed for the Machine-to-Machine (M2M) economy, enabling seamless data and currency exchanges among billions of internet-connected devices. The company has an install base of over 1.6 billion semiconductors that will benefit from SEALCOIN, marking a significant leap forward in the IoT industry.
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SEALSQ Corp (Nasdaq: LAES) announced the closing of the second tranche of a private placement, amounting to $10 million, part of a $20 million private placement. The first $10 million tranche has been repaid with less than 20% still outstanding. Gross proceeds from the recent investment totaled $9.6 million, in the form of Senior Unsecured Original Issue 4% Discount Convertible Promissory Notes. The Notes bear an interest rate of 4% per annum and are convertible into SEALSQ's ordinary shares at an initial conversion price. The Investors have received five-year warrants to purchase up to 2,288,678 ordinary shares of SEALSQ, with the exercise price initially set at $4.00 per share. The net proceeds from this financing will be strategically allocated to several key areas, including investment in post-quantum semiconductor technology, expansion of U.S. operations, upgrading production facilities, and the development of a novel machine-to-machine token, SEALCOIN.
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SEALSQ Corp (NASDAQ: LAES) reports a 29% increase in revenue, reaching $30 million, driven by high demand for advanced secure semiconductors and matter certification services. The company is a leader in the development and sales of semiconductors, PKI, and post-quantum technology hardware and software products.
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SEALSQ Corp (NASDAQ: LAES) extends its semiconductor provisioning offering with a new on-Package chip personalization service, addressing IoT device maker's demands for fast time-to-market lead time. The company aims to personalize off-the-shelf secure elements from its VaultIC™ range with certificates and keys and deliver the pre-loaded chips in less than 4 weeks. SEALSQ's value proposition focuses on being a vertically integrated security offering, allowing for seamless authentication and commissioning with major cloud services. The new Provisioning-on-Package service innovation is in line with industry standards like Matter and national cybersecurity labels, adding advanced secure element support with enhanced speed-to-market while potentially lowering costs for Smart Home device manufacturers.
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SEALSQ Corp (NASDAQ: LAES) to Unveil Revolutionary Cryptocurrency Protocol SEALCOIN at Davos Space IoT and Cybersecurity Event
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SEALSQ Corp (NASDAQ: LAES) had a successful 2023, marked by significant achievements in developing post-quantum chips, AIoT systems, and global IoT market expansion. The company aims to pioneer post-quantum technologies, AI advancements, and enhanced security for cryptocurrency transactions in 2024.
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SEALSQ Corp (NASDAQ: LAES) announces the development of post-quantum semiconductor technology to secure cryptocurrency transactions against quantum computing threats. The technology utilizes cutting-edge cryptographic algorithms to safeguard digital currencies, addressing vulnerabilities in current blockchain accounting systems. CEO Carlos Moreira emphasizes the importance of staying ahead of technological advancements to ensure the longevity and reliability of cryptocurrency transactions.
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SEALSQ Corp (NASDAQ: LAES) appoints Franck Buonanno as Vice President of Global Sales, bringing three decades of experience in embedded electronics and international business development. Buonanno's leadership will drive SEALSQ's global sales expansion in cybersecurity, IoT, and anti-counterfeiting, strengthening the company's presence in the US and Asia.
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FAQ
What is the current stock price of SEALSQ Ordinary Shares (LAES)?
The current stock price of SEALSQ Ordinary Shares (LAES) is $4.07 as of January 23, 2025.
What is the market cap of SEALSQ Ordinary Shares (LAES)?
The market cap of SEALSQ Ordinary Shares (LAES) is approximately 406.5M.
SEALSQ Corp Ordinary Shares