SEALSQ Announced Strategic Developments and Provided Updates on Progress Made on Post-Quantum Semiconductors and SEALCOIN Initiatives During Its Investor Day
10 Aprile 2024 - 3:00PM
A recording of the event is now available
at https://m.youtube.com/watch?v=kz-iXamNBIw&feature=youtu.be
Presentation can be downloaded
at
https://www.sealsq.com/news-events/presentations
SEALSQ Corp ("SEALSQ" or "Company") (NASDAQ:
LAES), a company that focuses on developing and selling
Semiconductors, PKI and Post-Quantum technology hardware and
software products, unveiled a series of comprehensive strategic
initiatives and progress reports during its Investor Day at Nasdaq
MarketSite on April 1, 2024. These initiatives underscore the
Company's commitment to technological advancement and maintaining
its position as an industry leader in the era of quantum
computing.
The event was highlighted by an in-depth presentation delivered
by CEO Carlos Moreira, and CFO John O'Hara. The presentation
covered an array of topics, including current market trends,
strategic initiatives, and investment highlights, and was concluded
with a Q&A session that provided further insights into the
Company's trajectory.
A focal point of the event was the Company’s progress made to
date on its intention to create an Open Semiconductors Assembly and
Test (“OSAT”) Center in the U.S. by end of 2025, and offered an
extensive overview of SEALSQ’s developments in Post Quantum
Semiconductor technology, a strategy co-presented by General
Manager Bernard Vian, and CEO Carlos Moreira.
Earlier this year, SEALSQ announced the establishment of SEALSQ
USA Ltd (“SEALSQ USA”) in Phoenix, Arizona as part of its plan to
create the OSAT Center, which marks a strategic effort to bolster
semiconductor technology infrastructure in the United States,
reinforcing SEALSQ's dedication to fostering growth and innovation
in the semiconductor industry during the post-quantum era.
During the event, SEALSQ's team highlighted the Company’s
pioneering efforts in Post-Quantum Cryptography (PQC), a
cutting-edge field aimed at countering the potential threats posed
by quantum computing. This initiative ensures SEALSQ's leadership
in securing digital security across a spectrum of applications,
including Multi-Factor Authentication tokens, Smart Energy, IT
Network Infrastructure, Automotive, and Industrial Automation and
Control Systems.
Furthermore, during the event the team provided updates on the
timeline of launch of SEALCOIN, as a Hybrid Payment & Utility
Token for its Decentralized Physical Infrastructure Network
(DePIN), its anticipated impact on the market, and a detailed
technological roadmap. The integration of SEALCOIN within SEALSQ's
technological ecosystem is set to redefine secure transactions and
digital interactions globally.
SEALSQ's presentation at its Nasdaq Investor Day represents the
Company's unwavering commitment to innovation and its pivotal role
in shaping the future of digital security and semiconductor
technology.
For further information or to access the complete progress
report, please visit www.sealsq.com.
About SEALSQ
SEALSQ is at the forefront of technological innovation in
digital security and semiconductor technology. With a focus on
developing solutions that address the challenges of the
post-quantum era, SEALSQ is committed to ensuring the security and
integrity of digital interactions and transactions across various
industries.
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. 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 success and
timeline of SEALCOIN's launch; the timeline for and the successful
release of the Machine-to-Machine (M2M) Proof of Concept (PoC);
SEAL’s token Issuance and Exchange Listing before the end of 2024;
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.
Press and Investor Contacts
SEALSQ
CorpCarlos MoreiraChairman & CEOTel: +41 22 594
3000info@sealsq.com |
SEALSQ Investor Relations
(US)The Equity Group Inc.Lena CatiTel: +1 212 836-9611 /
lcati@equityny.comKatie MurphyTel: +212 836-9612 /
kmurphy@equityny.com |
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