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SEALSQ Corp (NASDAQ: LAES) is a pioneering company focused on developing and selling Semiconductors, PKI, and Post-Quantum technology hardware and software products. They are at the forefront of integrating quantum computing and IoT technologies to enhance cybersecurity. SEALSQ offers cutting-edge solutions in post-quantum semiconductor technologies and secure microcontrollers, ensuring the security and integrity of digital interactions across various industries.
SEALSQ's RISC-V AI processors are revolutionizing the microchip industry by driving a paradigm shift in AI and machine learning applications. Their commitment to open-source technology and security standards positions them as key players in the evolving microchip landscape. SEALSQ's innovative solutions are reshaping industry standards and driving future innovations in digital security.
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SEALSQ Corp announced the appointment of John O’Hara as its new Chief Financial Officer, effective January 22, 2024. Mr. O’Hara brings over 15 years of experience in finance, particularly in the areas of Financial Control, Compliance and Risk Management. Prior to joining SEALSQ, he held positions at WISeKey, Jesuit Worldwide Learning, Deloitte, and Marsh & McLennan Companies. His proficiency in US GAAP, IFRS, and Swiss GAAP is grounded in his years of experience working with multinational businesses, listed companies, partnerships, and NGOs. His extensive background spans a diverse range of industries, where he has consistently demonstrated exceptional leadership and management skills. Carlos Moreira, CEO of SEALSQ, expressed his confidence in John O’Hara's ability to implement robust financial policies and procedures to improve business performance and drive growth and sustainability for SEALSQ.
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SEALSQ Corp is allocating 100 million SEALCoins to each Semiconductor Personalization Center to back the production of 100 million Quasar post-quantum semiconductors. The initiative aims to address the looming threat posed by quantum computing to cryptocurrencies by fortifying microchip deployment capabilities and mitigating global dependency on semiconductor manufacturing. The venture not only addresses the current semiconductor shortage but also sets the stage for a future where technology and personalization converge to redefine the global technological landscape.
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SEALSQ Corp (NASDAQ: LAES) announces the forthcoming deployment of SEALCOIN, a quantum-resistant cryptocurrency, leveraging post-quantum semiconductor technology. SEALCOIN aims to revolutionize the IoT and M2M economy, offering secure, efficient currency transactions and data exchanges. The integration of Blockchain 2.0 in semiconductor manufacturing and the introduction of NFC Microchips and Cryptochip Cards further solidify SEALSQ's commitment to digital security and trust.
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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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FAQ
What is the market cap of laesv (laesv)?
The market cap of laesv (laesv) is approximately 97.7M.
What is SEALSQ Corp focused on?
SEALSQ Corp is focused on developing and selling Semiconductors, PKI, and Post-Quantum technology hardware and software products.
What sets SEALSQ apart in the industry?
SEALSQ is at the forefront of integrating quantum computing and IoT technologies to enhance cybersecurity, offering cutting-edge solutions in post-quantum semiconductor technologies and secure microcontrollers.
How is SEALSQ revolutionizing the microchip industry?
SEALSQ's RISC-V AI processors are driving a paradigm shift in the microchip industry by reshaping AI and machine learning applications.
What is SEALSQ's commitment to innovation?
SEALSQ's commitment to open-source technology and adherence to security standards positions them as key players in the evolving microchip landscape, reshaping industry standards and driving future innovations in digital security.
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