Landis+Gyr Taps SEALSQ for Enhanced Smart Grid Network Security in North America
Rhea-AI Summary
SEALSQ (NASDAQ: LAES) and Landis+Gyr announced expansion of their partnership with SEALSQ’s IneS Public Key Infrastructure (PKI) being implemented in Landis+Gyr’s North American manufacturing facilities to add digital certificates for electric and gas meters during production.
The move follows prior collaborations in Asia and Europe, including SEALSQ PKI deployments securing 30 million TEPCO meters in Japan and VaultIC secure microcontrollers supplied to over 1 million gas meters annually in the UK. IneS supports offline, distributed, and cloud-native models to scale certificate issuance, lifecycle management, and regulatory compliance for grid edge devices.
Positive
- PKI implementation in North American manufacturing for electric and gas meters
- SEALSQ deployed PKI to secure 30 million TEPCO meters in Japan
- VaultIC microcontrollers supplied to >1 million UK gas meters annually
- IneS supports offline, distributed, and cloud-native certificate models
Negative
- None.
News Market Reaction – LAES
On the day this news was published, LAES gained 13.31%, reflecting a significant positive market reaction. Argus tracked a peak move of +35.3% during that session. Argus tracked a trough of -3.9% from its starting point during tracking. Our momentum scanner triggered 91 alerts that day, indicating high trading interest and price volatility. This price movement added approximately $134M to the company's valuation, bringing the market cap to $1.14B at that time. Trading volume was elevated at 2.9x the daily average, suggesting notable buying interest.
Data tracked by StockTitan Argus on the day of publication.
Geneva, Switzerland and Atlanta, GA, Oct. 13, 2025 (GLOBE NEWSWIRE) -- 
Watch Times Square video here: https://youtu.be/0eKNhLhOTGo
SEALSQ PKI solution being implemented for electric and gas smart grid devices
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, and Landis+Gyr (SIX: LAND), today announced that they are expanding their relationship with the addition of SEALSQ’s cyber security solution in Landis+Gyr’s North American manufacturing facilities.
Landis+Gyr is implementing the SEALSQ IneS Public Key Infrastructure (PKI) solution to add digital certificates for electric and gas metering devices during the manufacturing process. The process is similar to previous collaborations with SEALSQ for Asian and European projects, including recently announced PKI deployments to secure 30 million utility meters for TEPCO in Japan, and strengthens an established partnership where SEALSQ provides VaultIC secure microcontrollers to over one million gas meters annually in the UK. These solutions ensure compliance with cyber security requirements, while streamlining Landis+Gyr’s industry leading end-to-end security for grid edge devices.
As edge sensors and meters begin interacting with more edge devices, such as inverters and EV chargers, security must keep pace with threat risks. Landis+Gyr’s portfolio of intelligent grid edge devices provides a variety of secure communication network options, each utilizing end-to-end data encryption at every point of interaction with networks and devices.
SEALSQ’s IneS PKI solution is designed for agility, supporting offline, distributed, and as-a-Service models to meet diverse operational needs. In offline environments, it enables secure provisioning and credential management for IoT devices and critical infrastructure without constant connectivity. For distributed use cases, it scales horizontally with decentralized certificate issuance and lifecycle management, ideal for global smart ecosystems. As a cloud-native service, it offers scalability, automation, and API-driven integration, reducing overhead while aligning with evolving regulatory demands. This tri-model flexibility ensures robust security and compliance across varied deployment scenarios.
“Landis+Gyr has a long history of prioritizing cyber security for the grid. By expanding our relationship with SEALSQ at our North American manufacturing facilities, we are positioned to continue evolving our security strategy to meet the needs of our utility customers well into the future,” said Todd Wiedman, Chief Security Officer at Landis+Gyr.
“We are delighted to reinforce our partnership with Landis+Gyr with this new agreement for North America and are committed and well prepared to help them meet the most stringent cybersecurity standards on every market they address,” said Gweltas Radenac, IoT Business Line Director for SEALSQ. “Looking ahead, SEALSQ is also pioneering the digital security industry with its next-generation quantum-resistant chips and PKI services, and we are confident our post-quantum roadmap will be a strong asset in supporting long-term industry leaders like Landis+Gyr to navigate the future post-quantum transition.”
About Landis+Gyr
Landis+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: www.landisgyr.com
Contact Landis+Gyr
Dan Jacobson | Regional Contact North America
Senior Marketing Communications Manager
Dan.Jacobson@landisgyr.com
+1 320-307-7486
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 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 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 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 |
FAQ
What did SEALSQ and Landis+Gyr announce on October 13, 2025 regarding LAES?
How many meters has SEALSQ secured previously as cited in the Landis+Gyr announcement?
Does the announcement state SEALSQ supplies hardware to gas meter manufacturers?
What deployment models does SEALSQ’s IneS PKI support for grid devices?
What security benefit did Landis+Gyr highlight from using IneS PKI in manufacturing?
Will SEALSQ’s roadmap include post-quantum security for Landis+Gyr devices?
