SEALSQ Expands Global Reach with New Distribution and Sales Agreements Across Europe, Asia, and the Middle East
Rhea-AI Summary
SEALSQ Corp (NASDAQ: LAES) has announced significant expansion through new distribution and sales agreements across Europe, Asia, and the Middle East. The company has partnered with:
- Ozdisan: Covering Turkey, Egypt, and Greece, focusing on industrial applications and automotive electronics
- DTDS Technology: Serving India, Singapore, Philippines, Thailand, Malaysia, Indonesia, and Vietnam, specializing in embedded systems
- Steliau Technology: Operating in France, Spain, and Italy, offering customized solutions for industrial and automotive sectors
- Nexus-GT: Based in Israel, specializing in high-tech and semiconductor solutions
These partnerships aim to enhance SEALSQ's delivery of secure microcontrollers, post-quantum-ready solutions, and secure hardware platforms globally.
Positive
- Significant geographical expansion into multiple new markets across Europe, Asia, and Middle East
- Partnership with established distributors having strong regional presence and technical expertise
- Enhanced access to industrial, automotive, and IoT market segments
- Improved distribution capabilities for post-quantum and secure hardware solutions
Negative
- None.
News Market Reaction
On the day this news was published, LAES declined 11.26%, reflecting a significant negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Geneva, Switzerland, March 10, 2025 (GLOBE NEWSWIRE) --
SEALSQ Corp (NASDAQ: LAES) ("SEALSQ" or "Company"), a company specializing in Semiconductors, PKI, and Post-Quantum technology hardware and software products, today announced the signing of new distribution and sales agreements, significantly expanding the company’s global footprint across Europe, Asia, and the Middle East. These agreements will enhance SEALSQ’s ability to deliver its secure microcontrollers, post-quantum-ready solutions, and secure hardware platforms to a broader range of customers and industries worldwide.
New Distribution & Sales Partnerships
- Ozdisan – https://www.ozdisan.com
Covering Turkey, Egypt, and Greece, Ozdisan is one of the largest electronic component distributors in the region, with a strong focus on industrial applications, automotive electronics, and IoT solutions. Their deep market knowledge and extensive logistics capabilities position them as a key partner to accelerate SEALSQ’s presence in these strategically important markets.
- DTDS Technology – https://www.dtdsgroup.com
Operating across India, Singapore, Philippines, Thailand, Malaysia, Indonesia, and Vietnam, DTDS is a well-established distributor specializing in embedded systems, IoT components, and advanced semiconductor solutions. With their technical expertise and strong customer network, DTDS will help SEALSQ effectively support regional demand for secure hardware and post-quantum technologies.
- Steliau Technology – https://www.steliau-technology.com
Serving France, Spain, and Italy, Steliau is recognized for its engineering-driven approach, offering customized solutions and design support for industrial, consumer, and automotive electronics sectors. Their ability to provide value-added services will help SEALSQ deliver tailored security solutions that meet the evolving requirements of European manufacturers.
- Nexus-GT – https://www.nexus-gt.com
Based in Israel, Nexus-GT brings extensive experience as a manufacturer’s representative, specializing in high-tech and semiconductor solutions. Their strong relationships with leading Israeli technology companies and deep understanding of the local innovation ecosystem will be instrumental in expanding SEALSQ’s market presence in Israel’s highly competitive technology landscape.
“These new partnerships represent a significant milestone in SEALSQ’s global expansion strategy,” said Bernard Vian, General Manager at SEALSQ. “By aligning with established and highly respected distributors and sales representatives across multiple regions, we are strengthening our ability to deliver secure-by-design technologies and post-quantum-ready solutions to the industries and customers who need them most.”
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 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.
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 regions are covered by SEALSQ's new distribution agreements?
What products will SEALSQ (LAES) distribute through these new partnerships?
Who are the new distribution partners for SEALSQ's global expansion?
What markets will DTDS Technology cover for SEALSQ (LAES) in Asia?
