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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) announced that its GSMA-accredited eUICC technology now incorporates Post-Quantum security for mobile phones and connected devices. The technology aims to protect against current and future quantum computing threats while ensuring trust and interoperability within the GSMA ecosystem.
The company's GSMA Root CI-accredited Root Certificate Authority and advanced Public Key Infrastructure (PKI) support secure identification and authentication of eUICC-based eSIMs, enabling remote profile management for M2M, Consumer, and IoT devices. This advancement particularly benefits smart city deployments, industrial IoT applications, and mobile phones by protecting against quantum attacks that could compromise traditional encryption methods like RSA and ECC.
SEALSQ Corp (NASDAQ: LAES) has announced a $25.0 million registered direct offering, pricing 13,157,896 ordinary shares at $1.90 per share. The offering, expected to close around December 19, 2024, is being conducted through Maxim Group as the sole placement agent. The net proceeds will be used to fund the deployment of next-generation post-quantum semiconductor technology and ASIC capabilities in the United States, support working capital, and general corporate purposes. The offering is being made under an effective shelf registration statement filed with the SEC on November 27, 2024.
SEALSQ Corp (NASDAQ: LAES) announced a strategic partnership with Hedera to develop quantum-resistant semiconductors. The company is testing its QS7001 quantum-resistant hardware platform, scheduled for production and delivery in 2025. The collaboration aims to protect critical infrastructures against quantum computing threats to traditional cryptographic systems.
The partnership will integrate SEALSQ's quantum-resistant chips with Hedera's blockchain network to ensure long-term security. SEALSQ's 2025 product roadmap includes the QS7001 Open Platform and QVault Trusted Platform Module (TPM). Engineering samples are currently undergoing physical and logical validation to meet security standards.
The integration supports Hedera's adoption of the CNSA Suite, which requires 256-bit AES keys and 384-bit SHA-2 hashes, creating a foundation for post-quantum cryptographic solutions.
SEALSQ Corp (NASDAQ: LAES) has announced a $25.0 million registered direct offering through a securities purchase agreement with institutional investors. The offering consists of 13,157,896 ordinary shares priced at $1.90 per share, with Maxim Group serving as the sole placement agent.
The company plans to use the net proceeds to fund the deployment of its next-generation post-quantum semiconductor technology and ASIC capabilities in the United States, support working capital, and general corporate purposes. The offering is expected to close around December 17, 2024, subject to customary closing conditions, and is being made through an effective shelf registration statement previously filed with the SEC.
SEALSQ Corp (NASDAQ: LAES) announced the integration of its Post-Quantum Cryptography (PQC) technology with WISeID.COM to enhance security for electronic identities and documents. The collaboration aims to protect against quantum computing threats that could compromise current cryptographic systems like RSA and ECC.
The initiative focuses on developing crypto-agile solutions that can support multiple cryptographic algorithms, particularly important for TLS certificate management. WISeID.COM offers various digital identity protection services, including free identity validation using face recognition technology, different tiers of digital certificates, and a document signing service.
The partnership addresses the growing need for quantum-resistant security solutions, especially for long-term documents like eID cards that typically remain active for over a decade.
SEALSQ Corp (NASDAQ: LAES) has announced a $10.0 million registered direct offering, pricing 7,692,308 ordinary shares at $1.30 per share. The offering, led by Maxim Group as sole placement agent, is expected to close around December 16, 2024. The company plans to use the net proceeds to fund its next-generation post-quantum semiconductor technology and ASIC capabilities deployment in the United States, support working capital, and general corporate purposes. The offering is being conducted through an effective shelf registration statement on Form F-3 previously filed with the SEC.
SEALSQ Corp (NASDAQ: LAES), a developer of Semiconductors, PKI and Post-Quantum technology hardware and software products, announced their CEO Carlos Moreira's participation in the virtual Northland Capital Markets Growth Conference on December 12, 2024. The event will feature meetings scheduled throughout the day, with interested participants directed to contact their Northland Capital Markets sales representative for meeting arrangements and additional information.
SEALSQ Corp (NASDAQ: LAES) announced its expansion into the drone and UAV markets with quantum technology solutions. The company has partnered with leading manufacturers like Parrot and AgEagle, integrating secure chips into flagship models including ANAFI USA, ANAFI Ai, and eBee VISION UAS. For 2025, SEALSQ plans to launch its Quantum-Resistant Secure Chips portfolio, featuring QS7001 Open Platform and QVault TPM.
The company's technology offers unique trusted identities, secure boot & firmware updates, protected drone-to-ground communication, and data protection. SEALSQ's solutions comply with FIPS 140-2 Level 3, FIPS 140-3, and CC EAL5+ certifications. The company is also developing satellite-to-drone connectivity through WISeSat satellite network collaboration.
SEALSQ Corp (NASDAQ: LAES) announced a partnership with IC'ALPS to enhance its Application Specific Integrated Circuit (ASIC) development capabilities. The collaboration aims to combine IC'ALPS' ASIC design expertise with SEALSQ's security IP portfolio and production know-how. This strategic initiative follows SEALSQ's 2024 focus on quantum-resistant chip technology and engagement with major electronics manufacturers for custom quantum-resistant secure chips based on the QS7001 architecture.
The first product from this partnership, SEALSQ's QVault TPM, is expected to have initial samples available in Q1 2025. The collaboration is designed to streamline development timelines and improve scalability, offering faster access to customized ASIC solutions for demanding industries.
SEALSQ (NASDAQ: LAES) has launched the INeS Box, a new solution for secure digital identity provisioning in manufacturing connected devices. The product features a portable industrial computer with 128 GB SSD and FIPS 140-3 certified Hardware Security Module, offering secure storage for private keys and certificates.
The INeS Box is designed for manufacturers in industries requiring secure connectivity, such as EV charging, medical IoT, and smart home devices. It provides automated provisioning operations, flexible configurations, and cost-efficient implementation with preset certificate credits and technical support.
This launch aligns with the growing IoT Identity and Access Management market, which is projected to expand from $4.9 billion in 2021 to $47.2 billion by 2031, with a CAGR of 25.4%.
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