SEALSQ Research Receives Recognition at CRYPTOLOGY2024 for Post-Quantum Work

Rhea-AI Summary

SEALSQ Corp (NASDAQ: LAES), specializing in semiconductors, PKI, and post-quantum technology, announced its recognition at CRYPTOLOGY2024 in Malaysia. The event, aimed at advancing cryptography and cybersecurity education, saw SEALSQ's team present their paper, "Memory Efficient Implementations of CRYSTALS-Kyber," developed with Mines Saint-Etienne. The paper details a memory-efficient software implementation of the quantum-resistant CRYSTALS-Kyber algorithm, optimized for standard microcontrollers and embedded devices. This implementation reduces memory usage to 3KB while maintaining high performance, merging all Kyber variants (Kyber-512, Kyber-768, Kyber-1024) into a single codebase compliant with NIST's FIPS-203 guidelines. SEALSQ's CTO, Jean-Pierre Enguent, emphasized the company's commitment to advancing post-quantum research and securing semiconductor applications.

Positive

• SEALSQ received international recognition at CRYPTOLOGY2024.
• The company presented a memory-efficient implementation of CRYSTALS-Kyber, reducing memory usage to 3KB.
• The implementation is optimized for standard microcontrollers and embedded devices, merging all Kyber variants.
• Compliance with NIST's FIPS-203 guidelines.

Negative

• None.

Geneva, Switzerland, Sept. 27, 2024 (GLOBE NEWSWIRE) --

SEALSQ Corp (NASDAQ: LAES) ("SEALSQ" or "Company"), a company that focuses on developing and selling Semiconductors, PKI and Post-Quantum technology hardware and software products, today announced that its post-quantum research team received recognition at CRYPTOLOGY2024, the 9th International Cryptology and Information Security Conference held this week in Malaysia.

CRYPTOLOGY2024 aims to raise awareness and advance education in cryptography and cybersecurity, with a focus on the latest technological innovations. It provides a platform for industry professionals, researchers, and students to network and collaborate, fostering partnerships and the exchange of knowledge. The summit also features hands-on training and workshops, designed to enhance participants' practical cryptography skills and equip them with the tools needed to address current and future challenges. Attendees include academics, industry leaders, postgraduate students, policymakers, and members of the public interested in the evolving field of cryptography and its applications.

The SEALSQ team, featuring Nascimo Madieta, Guillaume Aymard, and Daniele Fronte, presented their forthcoming publication titled “Memory Efficient Implementations of CRYSTALS-Kyber,” developed in collaboration with Mines Saint-Etienne, a French university. The paper introduces a memory-efficient software implementation of the Quantum-Resistant Algorithm CRYSTALS-Kyber, optimized for deployment on standard microcontrollers and embedded devices. This cross-platform implementation can be seamlessly integrated into existing products. The goal is to reduce the memory footprint of CRYSTALS-Kyber execution to just 3KB while maintaining high performance. The solution merges all Kyber variants (Kyber-512, Kyber-768, Kyber-1024) into a single codebase, adhering to NIST's implementation guidelines as outlined in the FIPS-203 directive. The approach also opens up possibilities for improving implementation speed.

Jean-Pierre Enguent, CTO of SEALSQ, commented, “We are honored to receive international recognition for our work on post-quantum cryptography and semiconductors. SEALSQ is proud to contribute to post-quantum research and lead the way in bringing quantum-resistant algorithms to secure semiconductor applications.” He added, “Thanks to the dedication and expertise of our teams, we will continue to build the tools necessary for a more secure digital world in the age of quantum computing.”

About SEALSQ
SEALSQ focuses on selling integrated solutions based on Semiconductors, PKI and Provisioning services, while developing Post-Quantum technology hardware and software products. Our solutions can be used in a variety of applications, from Multi-Factor Authentication tokens, Smart Energy, Smart Home Appliances, Medical and Healthcare and IT Network Infrastructure, to Automotive, Industrial Automation and Control Systems.

Post-Quantum Cryptography (PQC) refers to cryptographic methods that are secure against an attack by a quantum computer. As quantum computers become more powerful, they may be able to break many of the cryptographic methods that are currently used to protect sensitive information, such as RSA and Elliptic Curve Cryptography (ECC). PQC aims to develop new cryptographic methods that are secure against quantum attacks. For more information, please visit www.sealsq.com.

Forward-Looking Statements
This communication expressly or implicitly contains certain forward-looking statements concerning SEALSQ Corp and its businesses. Forward-looking statements include statements regarding our business strategy, financial performance, results of operations, market data, events or developments that we expect or anticipates will occur in the future, as well as any other statements which are not historical facts. Although we believe that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates which are inherently subject to significant uncertainties and contingencies, many of which are beyond our control. Actual results may differ materially from those expressed or implied by such forward-looking statements. Important factors that, in our view, could cause actual results to differ materially from those discussed in the forward-looking statements include the expected success of our technology strategy and solutions for IoMT Security for Medical and Healthcare sectors, SEALSQ's ability to implement its growth strategies, SEALSQ's ability to continue beneficial transactions with material parties, including a limited number of significant customers; market demand and semiconductor industry conditions; and the risks discussed in SEALSQ's filings with the SEC. Risks and uncertainties are further described in reports filed by SEALSQ with the SEC.

SEALSQ Corp is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise.

Press and Investor Contacts

SEALSQ Corp. Carlos Moreira Chairman & CEO Tel: +41 22 594 3000 info@sealsq.com

SEALSQ Investor Relations (US) The Equity Group Inc. Lena Cati Tel: +1 212 836-9611 / lcati@equityny.com Katie Murphy Tel: +212 836-9612 / kmurphy@equityny.com

FAQ

What recognition did SEALSQ receive at CRYPTOLOGY2024?

SEALSQ received recognition for its post-quantum research at CRYPTOLOGY2024.

What is the significance of SEALSQ's paper presented at CRYPTOLOGY2024?

The paper, "Memory Efficient Implementations of CRYSTALS-Kyber," details a memory-efficient implementation of the quantum-resistant algorithm CRYSTALS-Kyber, reducing memory usage to 3KB.

How does SEALSQ's implementation of CRYSTALS-Kyber benefit microcontrollers and embedded devices?

SEALSQ's implementation optimizes CRYSTALS-Kyber for standard microcontrollers and embedded devices, merging all Kyber variants into a single codebase while maintaining high performance.

What guidelines does SEALSQ's implementation of CRYSTALS-Kyber adhere to?

SEALSQ's implementation adheres to NIST's FIPS-203 guidelines.

What is the stock symbol for SEALSQ?

The stock symbol for SEALSQ is NASDAQ: LAES.