SEALSQ Advances Toward 2025 Post-Quantum Chip Launch with Quantum-Resistant Platform Testing
SEALSQ Corp (NASDAQ: LAES) has begun quality and functional testing of its quantum-resistant hardware platform, QS7001. The company is on track for 2025 production and delivery of its Quantum-Resistant Secure Chips portfolio, including the QS7001 Open Platform and QVault TPM. The QS7001 is a RISC-V-based platform with CCEAL5+ certification, supporting Kyber and Dilithium algorithms. The global TPM market is projected to reach $5.97 billion by 2030 with a 10.8% CAGR, while the ASIC market is expected to hit $35.5 billion by 2030 with an 8.2% CAGR.
SEALSQ Corp (NASDAQ: LAES) ha iniziato i test di qualità e funzionali della sua piattaforma hardware resistente ai quanti, QS7001. L’azienda è sulla buona strada per la produzione e la consegna nel 2025 del suo portafoglio di chip sicuri e resistenti ai quanti, che include la piattaforma aperta QS7001 e il QVault TPM. Il QS7001 è una piattaforma basata su RISC-V con certificazione CCEAL5+, che supporta gli algoritmi Kyber e Dilithium. Si prevede che il mercato globale dei TPM raggiunga 5,97 miliardi di dollari entro il 2030, con un CAGR del 10,8%, mentre si prevede che il mercato ASIC raggiunga 35,5 miliardi di dollari entro il 2030 con un CAGR dell'8,2%.
SEALSQ Corp (NASDAQ: LAES) ha comenzado las pruebas de calidad y funcionalidad de su plataforma de hardware resistente a los cuánticos, QS7001. La empresa está en camino a la producción y entrega en 2025 de su cartera de Chips Seguros Resistente a los Cuánticos, que incluye la Plataforma Abierta QS7001 y el QVault TPM. El QS7001 es una plataforma basada en RISC-V con certificación CCEAL5+, que admite los algoritmos Kyber y Dilithium. Se proyecta que el mercado global de TPM alcanzará 5.97 mil millones de dólares para 2030 con un CAGR del 10.8%, mientras que se espera que el mercado ASIC alcance 35.5 mil millones de dólares para 2030 con un CAGR del 8.2%.
SEALSQ Corp (NASDAQ: LAES)는 양자 저항 하드웨어 플랫폼인 QS7001의 품질 및 기능 테스트를 시작했습니다. 이 회사는 2025년에 양자 저항 보안 칩 포트폴리오, 즉 QS7001 오픈 플랫폼과 QVault TPM의 생산 및 배송을 진행할 예정입니다. QS7001은 CCEAL5+ 인증을 받은 RISC-V 기반 플랫폼으로, Kyber 및 Dilithium 알고리즘을 지원합니다. 전 세계 TPM 시장은 2030년까지 59억 7천만 달러에 이를 것으로 예상되며, 연평균 성장률(CAGR)은 10.8%입니다. 또한 ASIC 시장은 2030년까지 355억 달러에 이를 것으로 예상되며, 연평균 성장률은 8.2%로 전망됩니다.
SEALSQ Corp (NASDAQ: LAES) a commencé les tests de qualité et de fonctionnalité de sa plateforme matérielle résistante aux quantiques, QS7001. L’entreprise est en bonne voie pour produire et livrer en 2025 son portefeuille de puces sécurisées et résistantes aux quantiques, y compris la plateforme ouverte QS7001 et le QVault TPM. Le QS7001 est une plateforme basée sur RISC-V avec certification CCEAL5+, prenant en charge les algorithmes Kyber et Dilithium. Le marché mondial des TPM devrait atteindre 5,97 milliards de dollars d'ici 2030 avec un TCAC de 10,8%, tandis que le marché des ASIC devrait atteindre 35,5 milliards de dollars d'ici 2030 avec un TCAC de 8,2%.
SEALSQ Corp (NASDAQ: LAES) hat mit den Qualitäts- und Funktionstests seiner quantenresistenten Hardware-Plattform QS7001 begonnen. Das Unternehmen ist auf Kurs, um 2025 die Produktion und Auslieferung seines Portfolios von quantenresistenten Sicherheitschips, einschließlich der offenen Plattform QS7001 und des QVault TPM, zu realisieren. Die QS7001 ist eine RISC-V-basierte Plattform mit CCEAL5+-Zertifizierung, die die Algorithmen Kyber und Dilithium unterstützt. Der globale TPM-Markt wird voraussichtlich bis 2030 5,97 Milliarden Dollar erreichen, mit einer jährlichen Wachstumsrate (CAGR) von 10,8%, während der ASIC-Markt bis 2030 35,5 Milliarden Dollar erreichen soll, mit einer CAGR von 8,2%.
- On track for 2025 product launch timeline
- Strong market demand indicated through customer discussions
- Product addresses growing TPM market ($5.97B by 2030)
- Targeting expanding ASIC market ($35.5B by 2030)
- None.
Insights
The QS7001 platform represents a significant technological advancement in post-quantum cryptography, with several key differentiators. The RISC-V architecture combined with CCEAL5+ certification and support for Kyber and Dilithium algorithms positions this as a robust solution for quantum-resistant security. The platform's dual offering - an open platform for ASIC development and a pre-configured TPM variant - shows strategic market positioning.
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The successful testing phase and on-track development suggest strong execution capabilities, though market adoption will depend heavily on pricing strategy and the ability to demonstrate clear advantages over traditional security solutions.
Geneva, Switzerland, Nov. 26, 2024 (GLOBE NEWSWIRE) --
Video showcasing the testing process is available at https://youtu.be/XXgryTeicL8
SEALSQ Corp (NASDAQ: LAES) ("SEALSQ" or the "Company"), a leader in semiconductor, PKI, and post-quantum technology solutions, today announced it has commenced the quality and functional testing phase for the initial batch of its groundbreaking quantum-resistant hardware platform, the QS7001. The Company remains on track to begin production and delivery as scheduled in 2025.
SEALSQ’s product roadmap for 2025 includes the highly anticipated launch of its Quantum-Resistant Secure Chips portfolio, featuring the QS7001 Open Platform and the QVault Trusted Platform Module (TPM). Engineering samples of the QS7001 are currently undergoing rigorous physical and logical validation as part of an extensive testing campaign.
Looking ahead to 2025, SEALSQ is preparing to meet robust market demand. Ongoing discussions signal strong interest from existing and new customers in deploying quantum-resistant solutions to secure critical infrastructures in a post-quantum world.
Jean Pierre Enguent, Chief Technology Officer of SEALSQ, stated, “The testing campaign is delivering highly promising results, reinforcing our commitment to the anticipated Q1 2025 availability timeline. At the same time, the QVault TPM firmware stack is progressing through integration and evaluation, positioning us to achieve our goal of delivering to our first customer by late 2025.”
The QS7001 represents a cutting-edge solution in post-quantum security. It is a RISC-V-based, quantum-resistant hardware platform with CCEAL5+ certification, supporting Kyber and Dilithium post-quantum cryptographic algorithms. Designed as an open platform, it enables the development of application-specific integrated circuits (ASICs) or customized firmware by customers. The QVault TPM, on the other hand, will include a pre-configured, FIPS 140-3 and TCG-certified firmware stack, delivering the highest standards in hardware security to protect sensitive systems in a post-quantum era.
The global TPM market is experiencing significant growth, with projections estimating it will reach approximately USD 5.97 billion by 2030, growing at a CAGR of
SEALSQ remains committed to advancing security technologies and enabling businesses to future-proof their operations against emerging quantum computing threats.
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.
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.
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
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