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    SEALSQ Post-Quantum Chips: Ideal for Securing Critical Infrastructures Against Quantum Attacks

    11/25/24 9:05:00 AM ET
    $LAES
    Semiconductors
    Technology
    Get the next $LAES alert in real time by email

    Geneva, Switzerland, Nov. 25, 2024 (GLOBE NEWSWIRE) --

    SEALSQ Corp (NASDAQ:LAES) ("SEALSQ" or the "Company"), a leader in semiconductor, PKI, and post-quantum technology solutions, today announced that is at the forefront of the transition to the robotization era with its groundbreaking post-quantum chips. Designed to defend against the rising threat of quantum cyberattacks, these advanced chips are set to revolutionize security for critical infrastructure sectors globally.

    SEALSQ's post-quantum chips provide certified quantum-resistant security, optimized to safeguard the increasingly interconnected and digitized world. In light of accelerating advancements in quantum computing, SEALSQ chips offer robust encryption capabilities to protect sensitive data and operations from being compromised by future quantum decryption.

    Securing Critical Infrastructures for the Future

    Critical infrastructure industries—such as healthcare, energy, finance, and agriculture—are the backbone of national economies and daily life. However, these sectors face mounting threats from cyberattacks that can disrupt operations, compromise sensitive data, and have far-reaching consequences for society.

    Quantum computing, while promising immense technological advancements, also poses significant risks due to its ability to decrypt classical encryption methods which endangers the stability and security of critical infrastructures. SEALSQ's post-quantum chips are engineered to counter these risks, providing an unmatched level of protection with quantum-resistant algorithms that ensure data integrity and operational continuity.

    Leading the Robotization Era

    As the global economy shifts toward automation and robotics, the demand for secure and efficient hardware solutions becomes paramount. Robotic systems will play a central role in critical tasks, from managing healthcare diagnostics to optimizing energy grids and financial transactions. SEALSQ's post-quantum chips are uniquely suited to meet these demands, ensuring that robotic systems are impervious to cyber threats while maintaining optimal performance.

    SEALSQ is actively engaging with major electronics manufacturers to co-develop customized quantum-resistant chips tailored for their specific needs. These collaborations are poised to solidify SEALSQ's position as a key enabler of secure digital and robotic ecosystems.

    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, 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. Words such as "expects," "intends," "plans," "believes," "anticipates," "estimates," "projects," "forecasts" and variations of such words and similar expressions, as they relate to us, our management or third parties, are intended to identify the forward-looking statements. 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, but are not limited to, the success and timeline of certain commercial developments, the ability of such commercial developments to cause the Company to regain compliance with the minimum bid price requirement, the Company's ability to meet the criteria for any extension to regain compliance with the minimum bid price requirement and the Nasdaq staff's decision to grant an extension of the compliance period. Risks and uncertainties are further described in reports filed by SEALSQ with the SEC.

    All forward-looking statements, if any, in this release represent the Company's judgment as of the date of this release. SEALSQ Corp does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise.





    SEALSQ Corp

    Carlos Moreira

    Chairman & CEO

    Tel: +41 22 594 3000

    [email protected]




    SEALSQ Investor Relations (US)

    The Equity Group Inc.

    Lena Cati

    Tel: +1 212 836-9611 / [email protected]

    Katie Murphy

    Tel: +212 836-9612 / [email protected]


    Primary Logo

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    Q&A

    New
    • What is SEALSQ Corp's primary focus in technology?

      SEALSQ Corp is focusing on the development of post-quantum technology solutions, particularly its quantum-resistant chips designed to protect critical infrastructures against potential quantum cyberattacks.

    • How do SEALSQ’s post-quantum chips enhance security?

      SEALSQ's post-quantum chips utilize quantum-resistant algorithms that offer enhanced encryption capabilities, ensuring data integrity and operational continuity even in the face of quantum computing advancements.

    • Who is SEALSQ collaborating with to enhance its post-quantum chip offerings?

      SEALSQ is engaging with major electronics manufacturers to co-develop custom quantum-resistant chips tailored to specific industry needs, which positions them as a vital partner in the evolving landscape of digital and robotic ecosystems.

    • Why is there a rising demand for SEALSQ's post-quantum chips in various industries?

      The growing reliance on automation and robotics across sectors like healthcare, energy, finance, and agriculture has created a demand for secure hardware solutions, directly aligning with SEALSQ's offerings.

    • What risks does quantum computing pose that SEALSQ aims to address?

      The company warns that advancements in quantum computing could potentially compromise classical encryption methods, hence the need for post-quantum cryptography to secure sensitive information.

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