Latest news with #SEALSQ
Yahoo
5 days ago
- Business
- Yahoo
Sealsq announces board approved $10M strategic investment in WISeSat.Space
SEALSQ (LAES) announced that its Board of Directors has formally approved a $10 million strategic investment in AG, joining its parent company WISeKey International, to accelerate the planned deployment of a secure, quantum-ready satellite constellation. The $10 million investment secures SEALSQ a 9% equity stake in WISeSat, based on a pre-money valuation of $115 million established through a valuation conducted by an independent expert. This milestone financing will enable WISeSat to scale up its operations and accelerate the deployment of its planned satellite constellation, as well as provide the flexibility to evaluate opportunities for expanding its access to pre-existing satellite infrastructure through strategic partnerships and investments. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See Insiders' Hot Stocks on TipRanks >> Read More on LAES: Disclaimer & DisclosureReport an Issue Quantum Leap: Nvidia CEO says quantum computing technology at inflection point Unusually active option classes on open June 11th Sealsq extends relationship with Landis+Gyr Warner Bros. Discovery to split up, Qualcomm buying Alphawave Semi: Morning Buzz Trump Trade: U.S., China representatives to meet about trade Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Upturn
5 days ago
- Business
- Business Upturn
SEALSQ Invests $10 Million in WISeSat.Space, at $115 Million Pre-Money Valuation, to Accelerate Planned Satellite Constellation Deployment, Space-Based Quantum Key Distribution (QKD) Communications, and Decentralized IoT Transactions
Geneva, Switzerland, June 17, 2025 (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 Board of Directors has formally approved a $10 million strategic investment in AG ('WISeSat'), joining its parent company WISeKey International Holding Ltd ('WISeKey', SIX: WIHN; Nasdaq: WKEY), to accelerate the planned deployment of a secure, quantum-ready satellite constellation. The $10 million investment secures SEALSQ a 9% equity stake in WISeSat, based on a pre-money valuation of $115 million established through a valuation conducted by an independent expert. This milestone financing will enable WISeSat to scale up its operations and accelerate the deployment of its planned satellite constellation, as well as provide the flexibility to evaluate opportunities for expanding its access to pre-existing satellite infrastructure through strategic partnerships and investments. Additionally, WISeSat is finalizing preparations for the launch of WISeSat 3.0 during the last week of June 2025 from California. This post-quantum-ready next-generation satellite, enables quantum-secure communications from space, and has machine-to-machine transactions capabilities powered by SEALCOIN, a collaboration between WISeKey and The Hashgraph Association, using Hedera's decentralized ledger technology (DLT). WISeSat is also planning to expand its satellite launch operations by partnering with companies such as PLD Space in Spain and SkyRoot Aerospace in India, broadening its global launch footprint and increasing flexibility and resilience for future missions. This investment underscores SEALSQ's goal to building the world's first quantum-resilient satellite network, designed to deliver ultra-secure communications and transactional IoT (t-IoT) services globally. WISeSat's infrastructure enables SEALSQ to bring post-quantum Root of Trust and secure chips directly to IoT devices, even in the most remote locations. SEALSQ's investment not only accelerates technological advancement but also unlocks a transformational opportunity to secure trillions of IoT devices worldwide. The global quantum communication market, valued at over $1 billion in 2024, is projected to grow at a CAGR of 31.8% from 2025 to 2030.1 The increased demand for unbreakable security in finance, healthcare, and defense sectors fuels this momentum. The June 2025 WISeSat 3.0 launch will also feature a Proof of Concept demonstrating SEALCOIN's capacity for autonomous, decentralized satellite-to-IoT device transactions, laying the foundation for a new Satellite-as-a-Service (SataaS) model. This model should generate recurring revenue via connectivity subscriptions, secure data monetization, and blockchain-based machine-to-machine (M2M) payments. This breakthrough lays the foundation for scalable commercial deployments across sectors such as smart cities, logistics, energy, and defense. Quantum communication is the next frontier in cybersecurity, using the principles of quantum physics to secure information in a way that is physically impossible to intercept or decode without detection. With quantum computers expected to break traditional encryption within the next decade, organizations and governments are racing to adopt quantum-resilient infrastructure. Post-quantum security, especially via satellite-based Quantum Key Distribution (QKD), ensures secure data exchange across global networks. By placing this technology in orbit, WISeSat enables real-time, tamper-proof key distribution and communications to any point on Earth, including remote or disconnected regions. This capability is critical to secure global transactions in finance, protect sensitive healthcare data, defend national infrastructure, and maintain the integrity of mission-critical systems. About SEALSQ: SEALSQ is a leading innovator in Post-Quantum Technology hardware and software solutions. Our technology seamlessly integrates Semiconductors, PKI (Public Key Infrastructure), and Provisioning Services, with a strategic emphasis on developing state-of-the-art Quantum Resistant Cryptography and Semiconductors designed to address the urgent security challenges posed by quantum computing. As quantum computers advance, traditional cryptographic methods like RSA and Elliptic Curve Cryptography (ECC) are increasingly vulnerable. SEALSQ is pioneering the development of Post-Quantum Semiconductors that provide robust, future-proof protection for sensitive data across a wide range of applications, including Multi-Factor Authentication tokens, Smart Energy, Medical and Healthcare Systems, Defense, IT Network Infrastructure, Automotive, and Industrial Automation and Control Systems. By embedding Post-Quantum Cryptography into our semiconductor solutions, SEALSQ ensures that organizations stay protected against quantum threats. Our products are engineered to safeguard critical systems, enhancing resilience and security across diverse industries. For more information on our Post-Quantum Semiconductors and security solutions, please visit 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 anticipate 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 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. SEALSQ MoreiraChairman & CEOTel: +41 22 594 3000 [email protected] SEALSQ Investor Relations (US)The Equity Group CatiTel: +1 212 836-9611 [email protected] 1 'Quantum Communication Market Size, Share & Trends Analysis Report By Offering (Solutions, Services), By Transmission Medium, By Enterprise Size, By Vertical (BFSI, Government & Defense, Healthcare, Aerospace), By Region, And Segment Forecasts, 2025 – 2030', Grand View Research, 2025 Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash
Yahoo
11-06-2025
- Business
- Yahoo
SEALSQ Extends Relationship with Landis+Gyr to Offer Utilities Enhanced PKI Services for AMI Network and Meter Security
Geneva, Switzerland, June 11, 2025 (GLOBE NEWSWIRE) -- SEALSQ's advanced Public Key Infrastructure (PKI) tool, INeS, was selected by Landis+Gyr to provide 30 million digital certificates for smart meters being deployed in the Asia Pacific region starting this summer 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 it is partnering with Landis+Gyr (SIX: LAND), a leading global smart grid and energy management technology company to provide utilities with a flexible public key infrastructure solution. SEALSQ's advanced Public Key Infrastructure (PKI) tool, INeS, was selected by Landis+Gyr to provide 30 million digital certificates for smart meters being deployed in the Asia Pacific region starting this summer. The INeS PKI solution provides robust, FIPS-certified digital certificates to ensure the security and integrity of an extensive smart meter network. These certificates are essential for authenticating devices, securing communications, and protecting against cyber threats in an increasingly connected energy ecosystem. The scope of this deployment—30 million certificates—underscores SEALSQ's ability to deliver scalable, compliant, and cost-effective security solutions for large IoT global security offerings include both on-premises and hosted solutions for data encryption, network certificates and threat monitoring. In addition to this PKI agreement, Landis+Gyr and SEALSQ have collaborated on European projects including security solutions for over one million gas meters annually in the UK. These security elements, combined with INeS-managed PKI services, ensure compliance with local regulations and provide end-to-end security for Landis+Gyr's smart metering solutions. About Landis+GyrLandis+Gyr is a leading global provider of integrated energy management solutions. We measure and analyze energy utilization to generate empowering analytics for smart grid and infrastructure management, enabling utilities and consumers to reduce energy consumption. Our innovative and proven portfolio of software, services and intelligent sensor technology is a key driver to decarbonize the grid. Having enabled 9 million tons of CO2 savings in FY 2024 through our product offerings, Landis+Gyr manages energy better – since 1896. With sales of USD 1.7 billion in FY 2024, Landis+Gyr employs around 6,300 talented people across five continents. For more information, please visit our website About SEALSQ:SEALSQ is a leading innovator in Post-Quantum Technology hardware and software solutions. Our technology seamlessly integrates Semiconductors, PKI (Public Key Infrastructure), and Provisioning Services, with a strategic emphasis on developing state-of-the-art Quantum Resistant Cryptography and Semiconductors designed to address the urgent security challenges posed by quantum computing. As quantum computers advance, traditional cryptographic methods like RSA and Elliptic Curve Cryptography (ECC) are increasingly vulnerable. SEALSQ is pioneering the development of Post-Quantum Semiconductors that provide robust, future-proof protection for sensitive data across a wide range of applications, including Multi-Factor Authentication tokens, Smart Energy, Medical and Healthcare Systems, Defense, IT Network Infrastructure, Automotive, and Industrial Automation and Control Systems. By embedding Post-Quantum Cryptography into our semiconductor solutions, SEALSQ ensures that organizations stay protected against quantum threats. Our products are engineered to safeguard critical systems, enhancing resilience and security across diverse industries. For more information on our Post-Quantum Semiconductors and security solutions, please visit Forward-Looking StatementsThis 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 anticipate 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 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. SEALSQ MoreiraChairman & CEOTel: +41 22 594 3000info@ SEALSQ Investor Relations (US)The Equity Group CatiTel: +1 212 836-9611 lcati@ while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
11-06-2025
- Business
- Yahoo
SEALSQ Extends Relationship with Landis+Gyr to Offer Utilities Enhanced PKI Services for AMI Network and Meter Security
Geneva, Switzerland, June 11, 2025 (GLOBE NEWSWIRE) -- SEALSQ's advanced Public Key Infrastructure (PKI) tool, INeS, was selected by Landis+Gyr to provide 30 million digital certificates for smart meters being deployed in the Asia Pacific region starting this summer 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 it is partnering with Landis+Gyr (SIX: LAND), a leading global smart grid and energy management technology company to provide utilities with a flexible public key infrastructure solution. SEALSQ's advanced Public Key Infrastructure (PKI) tool, INeS, was selected by Landis+Gyr to provide 30 million digital certificates for smart meters being deployed in the Asia Pacific region starting this summer. The INeS PKI solution provides robust, FIPS-certified digital certificates to ensure the security and integrity of an extensive smart meter network. These certificates are essential for authenticating devices, securing communications, and protecting against cyber threats in an increasingly connected energy ecosystem. The scope of this deployment—30 million certificates—underscores SEALSQ's ability to deliver scalable, compliant, and cost-effective security solutions for large IoT global security offerings include both on-premises and hosted solutions for data encryption, network certificates and threat monitoring. In addition to this PKI agreement, Landis+Gyr and SEALSQ have collaborated on European projects including security solutions for over one million gas meters annually in the UK. These security elements, combined with INeS-managed PKI services, ensure compliance with local regulations and provide end-to-end security for Landis+Gyr's smart metering solutions. About Landis+GyrLandis+Gyr is a leading global provider of integrated energy management solutions. We measure and analyze energy utilization to generate empowering analytics for smart grid and infrastructure management, enabling utilities and consumers to reduce energy consumption. Our innovative and proven portfolio of software, services and intelligent sensor technology is a key driver to decarbonize the grid. Having enabled 9 million tons of CO2 savings in FY 2024 through our product offerings, Landis+Gyr manages energy better – since 1896. With sales of USD 1.7 billion in FY 2024, Landis+Gyr employs around 6,300 talented people across five continents. For more information, please visit our website About SEALSQ:SEALSQ is a leading innovator in Post-Quantum Technology hardware and software solutions. Our technology seamlessly integrates Semiconductors, PKI (Public Key Infrastructure), and Provisioning Services, with a strategic emphasis on developing state-of-the-art Quantum Resistant Cryptography and Semiconductors designed to address the urgent security challenges posed by quantum computing. As quantum computers advance, traditional cryptographic methods like RSA and Elliptic Curve Cryptography (ECC) are increasingly vulnerable. SEALSQ is pioneering the development of Post-Quantum Semiconductors that provide robust, future-proof protection for sensitive data across a wide range of applications, including Multi-Factor Authentication tokens, Smart Energy, Medical and Healthcare Systems, Defense, IT Network Infrastructure, Automotive, and Industrial Automation and Control Systems. By embedding Post-Quantum Cryptography into our semiconductor solutions, SEALSQ ensures that organizations stay protected against quantum threats. Our products are engineered to safeguard critical systems, enhancing resilience and security across diverse industries. For more information on our Post-Quantum Semiconductors and security solutions, please visit Forward-Looking StatementsThis 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 anticipate 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 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. SEALSQ MoreiraChairman & CEOTel: +41 22 594 3000info@ SEALSQ Investor Relations (US)The Equity Group CatiTel: +1 212 836-9611 lcati@ in to access your portfolio
Yahoo
09-06-2025
- Business
- Yahoo
SEALSQ and WISeKey Unveil Quantum-Resilient Security Framework to Control the Future of Robotics
Geneva, Switzerland, June 09, 2025 (GLOBE NEWSWIRE) -- See video here 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, in cooperation with its parent company, WISeKey International Holding Ltd (NASDAQ: WKEY / SIX: WIHN) today announced a breakthrough in securing and controlling the next generation of intelligent machines as billions of robots are poised to enter every aspect of society. By combining SEALSQ's post-quantum semiconductor technology with WISeKey's Root of Trust infrastructure, the companies are delivering a critical solution to one of the most pressing technological challenges of our time: ensuring that future autonomous robots remain under trusted human command. SEALSQ's post-quantum chips are engineered to resist the enormous processing power of future quantum computers, which will render today's encryption obsolete. These chips embed advanced cryptographic protection directly into the silicon, making it possible to secure robot identities, encrypt communications, and guarantee software integrity, right from the point of manufacture. This protection is essential for a world in which machines will operate independently, often in sensitive environments or critical infrastructure. Built on top of this secure hardware, WISeKey's Root of Trust assigns every robot a unique cryptographic identity, stored securely and registered on a blockchain. This allows every machine to be authenticated, remotely managed, and securely updated throughout its lifecycle. With this architecture in place, organizations and governments can ensure that only trusted, verified devices are allowed to operate, and that they remain under control even in highly distributed, autonomous deployments. This security infrastructure extends beyond the ground. Through the integration of Trusted IoT (TIoT), drones, and the WISeSat constellation of satellites, the combined SEALSQ-WISeKey platform forms a global trust grid capable of managing and securing robotic operations anywhere on Earth. This is made possible by the Oran G process, an advanced deployment methodology that fuses chip-level trust, secure communications, and real-time satellite oversight to provide a resilient, scalable framework for the robotic age. Carlos Moreira, Founder and CEO of WISeKey and SEALSQ, stated: 'We are rapidly approaching a future where billions of autonomous machines will make decisions that impact our economies, our infrastructure, and our lives. These machines must be trustworthy, traceable, and controllable. By embedding post-quantum security and trusted identities into their core, we ensure they serve humanity, not the other way around.' This initiative is already being applied in critical sectors, including defense, industrial automation, agriculture, and healthcare robotics. It marks a major step forward in aligning emerging robotic ecosystems with global cybersecurity and governance standards, ensuring that the digital transformation unfolds with resilience and ethical oversight. For more information, visit and About SEALSQ:SEALSQ is a leading innovator in Post-Quantum Technology hardware and software solutions. Our technology seamlessly integrates Semiconductors, PKI (Public Key Infrastructure), and Provisioning Services, with a strategic emphasis on developing state-of-the-art Quantum Resistant Cryptography and Semiconductors designed to address the urgent security challenges posed by quantum computing. As quantum computers advance, traditional cryptographic methods like RSA and Elliptic Curve Cryptography (ECC) are increasingly vulnerable. SEALSQ is pioneering the development of Post-Quantum Semiconductors that provide robust, future-proof protection for sensitive data across a wide range of applications, including Multi-Factor Authentication tokens, Smart Energy, Medical and Healthcare Systems, Defense, IT Network Infrastructure, Automotive, and Industrial Automation and Control Systems. By embedding Post-Quantum Cryptography into our semiconductor solutions, SEALSQ ensures that organizations stay protected against quantum threats. Our products are engineered to safeguard critical systems, enhancing resilience and security across diverse industries. For more information on our Post-Quantum Semiconductors and security solutions, please visit Forward-Looking StatementsThis 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 anticipate 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 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. SEALSQ MoreiraChairman & CEOTel: +41 22 594 3000info@ SEALSQ Investor Relations (US)The Equity Group CatiTel: +1 212 836-9611 lcati@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
