Welcome to our dedicated page for LAESV news (Ticker: laesv), a resource for investors and traders seeking the latest updates and insights on LAESV stock.
LAESV (LAESV) drives innovation in quantum-resistant semiconductors and cybersecurity solutions for global enterprises. This news hub provides investors and industry professionals with essential updates on the company's technological advancements and market positioning.
Access official press releases covering product launches, financial results, strategic partnerships, and R&D milestones. Our curated collection ensures you stay informed about LAESV's developments in post-quantum cryptography, ASIC design innovations, and global channel expansions.
Key updates include earnings announcements, cybersecurity solution deployments, intellectual property achievements, and executive leadership changes. All content is verified through primary sources to maintain accuracy and relevance for decision-makers.
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SEALSQ Corp (NASDAQ: LAES) announced the integration of its Post-Quantum Cryptography (PQC) technology with WISeID.COM to enhance security for electronic identities and documents. The collaboration aims to protect against quantum computing threats that could compromise current cryptographic systems like RSA and ECC.
The initiative focuses on developing crypto-agile solutions that can support multiple cryptographic algorithms, particularly important for TLS certificate management. WISeID.COM offers various digital identity protection services, including free identity validation using face recognition technology, different tiers of digital certificates, and a document signing service.
The partnership addresses the growing need for quantum-resistant security solutions, especially for long-term documents like eID cards that typically remain active for over a decade.
SEALSQ Corp (NASDAQ: LAES) has announced a $10.0 million registered direct offering, pricing 7,692,308 ordinary shares at $1.30 per share. The offering, led by Maxim Group as sole placement agent, is expected to close around December 16, 2024. The company plans to use the net proceeds to fund its next-generation post-quantum semiconductor technology and ASIC capabilities deployment in the United States, support working capital, and general corporate purposes. The offering is being conducted through an effective shelf registration statement on Form F-3 previously filed with the SEC.
SEALSQ Corp (NASDAQ: LAES), a developer of Semiconductors, PKI and Post-Quantum technology hardware and software products, announced their CEO Carlos Moreira's participation in the virtual Northland Capital Markets Growth Conference on December 12, 2024. The event will feature meetings scheduled throughout the day, with interested participants directed to contact their Northland Capital Markets sales representative for meeting arrangements and additional information.
SEALSQ Corp (NASDAQ: LAES) announced its expansion into the drone and UAV markets with quantum technology solutions. The company has partnered with leading manufacturers like Parrot and AgEagle, integrating secure chips into flagship models including ANAFI USA, ANAFI Ai, and eBee VISION UAS. For 2025, SEALSQ plans to launch its Quantum-Resistant Secure Chips portfolio, featuring QS7001 Open Platform and QVault TPM.
The company's technology offers unique trusted identities, secure boot & firmware updates, protected drone-to-ground communication, and data protection. SEALSQ's solutions comply with FIPS 140-2 Level 3, FIPS 140-3, and CC EAL5+ certifications. The company is also developing satellite-to-drone connectivity through WISeSat satellite network collaboration.
SEALSQ Corp (NASDAQ: LAES) announced a partnership with IC'ALPS to enhance its Application Specific Integrated Circuit (ASIC) development capabilities. The collaboration aims to combine IC'ALPS' ASIC design expertise with SEALSQ's security IP portfolio and production know-how. This strategic initiative follows SEALSQ's 2024 focus on quantum-resistant chip technology and engagement with major electronics manufacturers for custom quantum-resistant secure chips based on the QS7001 architecture.
The first product from this partnership, SEALSQ's QVault TPM, is expected to have initial samples available in Q1 2025. The collaboration is designed to streamline development timelines and improve scalability, offering faster access to customized ASIC solutions for demanding industries.
SEALSQ (NASDAQ: LAES) has launched the INeS Box, a new solution for secure digital identity provisioning in manufacturing connected devices. The product features a portable industrial computer with 128 GB SSD and FIPS 140-3 certified Hardware Security Module, offering secure storage for private keys and certificates.
The INeS Box is designed for manufacturers in industries requiring secure connectivity, such as EV charging, medical IoT, and smart home devices. It provides automated provisioning operations, flexible configurations, and cost-efficient implementation with preset certificate credits and technical support.
This launch aligns with the growing IoT Identity and Access Management market, which is projected to expand from $4.9 billion in 2021 to $47.2 billion by 2031, with a CAGR of 25.4%.
SEALSQ Corp (NASDAQ: LAES) has launched INeS PKI, a quantum-resistant Public Key Infrastructure solution for IoT security. The system features advanced encryption using CRYSTALS-Kyber and CRYSTALS-Dilithium algorithms, offering multi-layered deployment options including on-chip, cloud-based, and on-premise solutions. Key features include advanced key management services, global compliance with industry standards, high-performance infrastructure with hardware security modules, and comprehensive device identity solutions. The platform targets applications in smart cities, healthcare IoT, industrial IoT, and connected vehicles.
SEALSQ and its parent company WISeKey announced their continued integration of Artificial Intelligence into their platforms, building on the Digital Human Rights Declaration principles. The companies are enhancing their cybersecurity measures through several key initiatives: the WISeAI.IO platform which uses machine learning to strengthen PKI systems, Generative AI integration into the AIoT platform enabling autonomous learning for IoT devices, the INeS AI Security Broker combining AI and PKI technologies for certificate management, and development of AI-enhanced post-quantum semiconductors for advanced threat defense.
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) announced its advancement in post-quantum chips designed to protect critical infrastructure against quantum cyberattacks. The company's chips feature certified quantum-resistant security, specifically engineered to safeguard sectors like healthcare, energy, finance, and agriculture from future quantum decryption threats. SEALSQ is collaborating with major electronics manufacturers to develop customized quantum-resistant chips, positioning itself as a key player in securing digital and robotic ecosystems during the transition to automation.
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