Latest news with #Landis+Gyr
Yahoo
2 days ago
- Business
- Yahoo
SEALSQ Extends Relationship with Landis+Gyr to Offer Utilities Enhanced PKI Services for AMI Network and Meter Security
Geneva, Switzerland, June 11, 2025 (GLOBE NEWSWIRE) -- SEALSQ's advanced Public Key Infrastructure (PKI) tool, INeS, was selected by Landis+Gyr to provide 30 million digital certificates for smart meters being deployed in the Asia Pacific region starting this summer 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, today announced that it is partnering with Landis+Gyr (SIX: LAND), a leading global smart grid and energy management technology company to provide utilities with a flexible public key infrastructure solution. SEALSQ's advanced Public Key Infrastructure (PKI) tool, INeS, was selected by Landis+Gyr to provide 30 million digital certificates for smart meters being deployed in the Asia Pacific region starting this summer. The INeS PKI solution provides robust, FIPS-certified digital certificates to ensure the security and integrity of an extensive smart meter network. These certificates are essential for authenticating devices, securing communications, and protecting against cyber threats in an increasingly connected energy ecosystem. The scope of this deployment—30 million certificates—underscores SEALSQ's ability to deliver scalable, compliant, and cost-effective security solutions for large IoT global security offerings include both on-premises and hosted solutions for data encryption, network certificates and threat monitoring. In addition to this PKI agreement, Landis+Gyr and SEALSQ have collaborated on European projects including security solutions for over one million gas meters annually in the UK. These security elements, combined with INeS-managed PKI services, ensure compliance with local regulations and provide end-to-end security for Landis+Gyr's smart metering solutions. About Landis+GyrLandis+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 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 Forward-Looking StatementsThis 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 MoreiraChairman & CEOTel: +41 22 594 3000info@ SEALSQ Investor Relations (US)The Equity Group CatiTel: +1 212 836-9611 lcati@ while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
2 days ago
- Business
- Yahoo
SEALSQ Extends Relationship with Landis+Gyr to Offer Utilities Enhanced PKI Services for AMI Network and Meter Security
Geneva, Switzerland, June 11, 2025 (GLOBE NEWSWIRE) -- SEALSQ's advanced Public Key Infrastructure (PKI) tool, INeS, was selected by Landis+Gyr to provide 30 million digital certificates for smart meters being deployed in the Asia Pacific region starting this summer 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, today announced that it is partnering with Landis+Gyr (SIX: LAND), a leading global smart grid and energy management technology company to provide utilities with a flexible public key infrastructure solution. SEALSQ's advanced Public Key Infrastructure (PKI) tool, INeS, was selected by Landis+Gyr to provide 30 million digital certificates for smart meters being deployed in the Asia Pacific region starting this summer. The INeS PKI solution provides robust, FIPS-certified digital certificates to ensure the security and integrity of an extensive smart meter network. These certificates are essential for authenticating devices, securing communications, and protecting against cyber threats in an increasingly connected energy ecosystem. The scope of this deployment—30 million certificates—underscores SEALSQ's ability to deliver scalable, compliant, and cost-effective security solutions for large IoT global security offerings include both on-premises and hosted solutions for data encryption, network certificates and threat monitoring. In addition to this PKI agreement, Landis+Gyr and SEALSQ have collaborated on European projects including security solutions for over one million gas meters annually in the UK. These security elements, combined with INeS-managed PKI services, ensure compliance with local regulations and provide end-to-end security for Landis+Gyr's smart metering solutions. About Landis+GyrLandis+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 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 Forward-Looking StatementsThis 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 MoreiraChairman & CEOTel: +41 22 594 3000info@ SEALSQ Investor Relations (US)The Equity Group CatiTel: +1 212 836-9611 lcati@ in to access your portfolio
Cision Canada
05-05-2025
- Business
- Cision Canada
Landis+Gyr Demonstrates Ultrasonic Gas Metering Line at the AGA Biennial Exhibition and the Exchange User Conference
The G480 NB-IoT ultrasonic meter brings 30 years of global gas metering expertise to the North American utility market. ATLANTA, May 5, 2025 /CNW/ -- Landis+Gyr (SIX: LAND) announced it will be showcasing its portfolio of smart gas solutions, including its world-leading ultrasonic gas metering platform this week at the 2025 AGA Operations Conference & Biennial Exhibition in Aurora, CO and at its annual user conference, Exchange, in Atlanta, GA. With more than 18 million ultrasonic meters deployed globally, Landis+Gyr delivers proven, field-tested performance at scale – empowering utilities to lead in a rapidly shifting energy landscape. Designed with edge intelligence and solid-state precision, the G480 ultrasonic gas meter enables real-time monitoring, faster operational decisions, and enhanced safety and customer service. "Our ultrasonic metering platform delivers best fit communication options including omni-carrier cellular NB-IoT, unmatched measurement accuracy, enhanced remote and autonomous shutoff capabilities for safety, and 20-year battery life," said Jonathan Staab, Head of Product Management for Landis+Gyr's Americas region. "It does all this with technology that has been proven functional and effective for over 30 years in the global market." Landis+Gyr's ultrasonic meters provide flexibility for utilities in planning meter replacement strategies. The reduced size and weight allow easier installation and efficient warehouse storage, while the cellular communications option provides for ease of deployment, fast network connectivity, and pairing with the cloud-based operating software. Engineered with built-in edge intelligence capabilities, along with support for hydrogen blends, the product line provides a future-ready solution for utilities wanting to extend the life of their assets. Field-proven advanced features that greatly improve operations and safety, include: Autonomous and remote shutoff capabilities, with alarms for tamper, high flow, temperature, and pressure situations. Assured accuracy in any meter orientation and accurate billing for settlement for customers moving in and out of service locations. Rapid leak and theft detection, along with improved capacity planning. Built on decades of leadership in smart grid and gas metering innovation, Landis+Gyr offers a complete portfolio of solutions, from advanced ultrasonic meters to retrofit modules, designed to extend the life of existing assets. Landis+Gyr's portfolio provides flexible, future-ready options that support a variety of communication technologies, offering utilities the choice and scalability to match their operational strategies. 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 avoided 9 million tons of CO 2 in FY 2024, Landis+Gyr manages energy better – since 1896. With sales of USD 1.7 billion
Cision Canada
02-05-2025
- Business
- Cision Canada
Landis+Gyr Announces FY 2024 Financial Results
, May 2, 2025 /CNW/ -- Landis+Gyr Group AG (SIX: LAND), a leading global provider of integrated energy management solutions, today announced unaudited financial results for financial year 2024 (April 1, 2024 – March 31, 2025). Exceptional order intake of USD 2.6 billion (up 33.3% YoY) driven by contract wins in all regions, corresponding to a book-to-bill ratio of 1.5 Record committed backlog of USD 4.6 billion (up 22.9% YoY) FY 2024 net revenue of USD 1,729.3 million (down 10.5% in constant currency) due to non-recurrence of 2023 pent-up demand realization, tariffs impacting timing of shipments in March and softness in EMEA in the first half Adjusted EBITDA of USD 170.9 million, down 25.7% YoY, due to lower operating leverage and inventory write-off of USD 20 million; strong expense management resulted in a margin of 9.9%; Adjusted EBITDA margin of 10.4% when excluding one-off effects Net loss from continuing operations of USD (84.7) million or USD (2.97) per share (diluted) due to a non-cash goodwill impairment of USD 111.0 million Cash flow from operating activities of USD 78.9 million, down 34.9% on lower profitability and higher working capital To preserve balance sheet strength, a reduced distribution of CHF 1.15 per share is proposed to the Annual General Meeting Guidance for FY 2025 with net revenue growth of between 5% and 8% and Adjusted EBITDA margin in the range between 10.5% and 12.0% Strategic transformation with review of EMEA and U.S. listing progressing according to plan "Financial year 2024 has underscored the strength and resilience of Landis+Gyr's business model and technology, demonstrated by our record order intake of USD 2.6 billion and an unprecedented backlog of USD 4.6 billion. This success was driven by our team delivering key wins in the Americas and Asia Pacific, alongside a notably solid performance in EMEA. We remain confident in our long-term growth trajectory supported by the record-high backlog and pipeline, both propelled by the adoption of our innovative grid-edge solutions. With the new management team fully in place, we are continuing to make progress with our strategic transformation, marked by our completed exit from EV charging. We are encouraged to see customers beyond North America embracing grid edge technology to address the challenge of increasing energy demand," said Peter Mainz, Chief Executive Officer of Landis+Gyr. Davinder Athwal, Chief Financial Officer of Landis+Gyr, commented: "FY 2024 was a transition year for Landis+Gyr. We are excited about our future and expect 5% to 8% growth in revenue and an improvement in our margins in FY 2025. We are confident in our ability to manage tariff-related costs and at present expect them to have a minimal impact in 2025. Our solid balance sheet positions Landis+Gyr robustly for sustained investment and long-term profitable growth." Read the full ad hoc announcement here. Media Contact Fabio Franceschi Phone +41 41 935 6123 [email protected] Investor Contact Christian Waelti Phone +41 41 935 6331 [email protected] 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 avoided 9 million tons of CO 2 in FY 2024, 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
Associated Press
26-03-2025
- Business
- Associated Press
'''Landis+Gyr Revelo® Grid Sensor Receives Wi-SUN Certification to the New FAN 1.1 Specification
The Revelo platform is the first grid-sensing device to receive FAN 1.1 certification, which promotes endpoint and network interoperability. ATLANTA, March 26, 2025 /CNW/ -- Landis+Gyr (SIX: LAND) today announced the successful certification of its Revelo grid sensing platform, along with the Network Router, to the Wi-SUN FAN 1.1 specification for field area networks. Revelo was the first grid sensing platform to achieve Wi-SUN FAN 1.0 certification and now is the first to achieve FAN 1.1 certification, unlocking the next level of interoperability for utility network applications. The FAN 1.1 specification introduces support for higher and dynamic data rates and expands geographic coverage capabilities, while keeping backward compatibility with FAN 1.0 certified devices. More details about FAN 1.1 can be found on the Wi-SUN website. 'I'm proud to be part of this milestone. Wi-SUN FAN 1.1 introduces features on top of FAN 1.0 which will unlock a more flexible, resilient, interoperable, and future-proofed network. Being among the first to offer Wi-SUN FAN 1.1 certified products reflects Landis+Gyr's commitment to our customers,' said Marcos Aguirre, Portfolio Manager at Landis+Gyr and a member of the Executive Committee at the Wi-SUN Alliance. 'By continuing to offer flexibility and choice for our utility partners, our leading grid edge technology adapts to the evolving needs of the market, ensuring utilities are equipped to address current and future challenges.' Wi-SUN's FAN Certification Program provides compliance testing of network components and devices to a communications profile developed from applicable open standards and certifies the product's ability to interoperate. All Wi-SUN certified products are rigorously tested by a third-party test lab to ensure the devices work together effortlessly and securely. Certified devices include a digital certificate to authenticate entry to a Wi-SUN FAN network, which significantly reduces vulnerability to cyber security threats. 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 avoided around 9 million tons of CO2 in FY 2023, Landis+Gyr manages energy better – since 1896. With sales of USD 2.0 billion in FY 2023, Landis+Gyr employs around 6,900 talented people across five continents. For more information, please visit our website
