Latest news with #postquantum
Globe and Mail
27-05-2025
- Business
- Globe and Mail
SEALSQ CORP Announces Signature of Share Purchase Agreement to Acquire 100% of IC'ALPS
Geneva, Switzerland, May 27, 2025 (GLOBE NEWSWIRE) -- SEALSQ Corp (NASDAQ: LAES) ('SEALSQ'), a leading developer and provider of Semiconductors, PKI, and Post-Quantum technology hardware and software solutions, today announced the signing of a Share Purchase Agreement ('SPA') with the shareholders of IC'ALPS SAS (the 'Sellers') 1, an Application-Specific Integrated Circuit ('ASIC') design and supply specialist based in Grenoble, France ('IC'ALPS'), for the acquisition of 100% of the share capital and voting rights of IC'ALPS ('the Acquisition'). The SPA is the result of a period of exclusive negotiations between SEALSQ CORP and the Sellers, announced on February 27, 2025. The main terms and conditions of the SPA announced by SEALSQ on May 22, 2025 remain applicable. This proposed strategic Acquisition (now solely subject to the satisfaction of certain closing conditions) is expected to reinforce SEALSQ's commitment to advancing its ASIC development to meet the growing demand in the sector and would add approximately 100 highly skilled staff based out of IC'ALPS' current centers in Grenoble and Toulouse. The Acquisition is expected to be completed in the third quarter of 2025, subject to satisfying the conditions to closing, including the necessary regulatory approval by the French Ministry of the Economy. About IC'ALPS: IC'ALPS is your one-stop-shop ASIC partner. Based in France (HQ in Grenoble, two design centers in Grenoble and Toulouse), the company provides customers with a complete offering for Application Specific Integrated Circuits (ASIC) and Systems on Chip (SoC) development from circuit specification, mastering design in-house, up to the management of the entire production supply chain. Its 100+ engineers' areas of expertise include analog, digital and mixed-signal circuits (sensor/MEMS interfaces, ultra-low power consumption, power management, high-resolution converters, high voltage, signal processing, ARM and RISC-V based multiprocessors architectures, hardware accelerators) on technologies from 0.18 µm down to 1.8 nm, and from multiple foundries (TSMC, Global Foundries, Tower Semiconductor, X-FAB, STMicroelectronics, Intel Foundry, etc.). The company is active worldwide in medical, industrial, automotive, IoT, IA, mil-aero, and digital identity & security sectors. IC'ALPS is ISO 9001:2015, ISO 13485:2016, EN 9100:2018, Common Criteria certified, IATF16949-ready, member of TSMC Design Center Alliance (DCA), Intel Foundry Accelerator Design Services Alliance and Value Chain Alliance (DSA & VCA), ams Osram Preferred Partner and X-FAB's partner network. More information: and 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 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 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 the actual adjustments that arise upon conversion of the financial information of IC'ALPS to US GAAP in relation to net sales, operating expenses and income tax income in the income statement for twelve months ended December 31, 2024 and 2023, and in relation to intangible assets, current liabilities, and pension and debt liabilities in the balance sheet as at December 31, 2024 and 2023, in comparison with the French GAAP ; the entering into of definitive documents, the authorization by French regulatory authorities and the successful closing of the Acquisition; and 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 1 The Sellers are Doliam SA, Mrs. Lucille Engels and Mr. Jean-Luc Triouleyre.
Malay Mail
27-05-2025
- Business
- Malay Mail
World's First Post-Quantum Cybersecurity ASICs: Slovak Pioneer Revolutionizes Defense Tech at DSEI Japan 2025
In a significant development, Decent Cybersecurity, with the support of the Slovak government, is exploring the opportunity to manufacture the world's first 2nm post-quantum ASIC microchips in Japan, potentially cooperating with Rapidus Corporation . This collaboration would represent a revolutionary advancement in quantum-resistant hardware security, combining Decent Cybersecurity's post-quantum cryptographic expertise with Rapidus's cutting-edge 2nm semiconductor manufacturing capabilities to create the world's first 2nm post-quantum cryptography ASICs (Application-Specific Integrated Circuits). The company's stand (H7-158) attracted significant attention, including a visit from the Slovak ambassador to Japan, H.E. Ivan Surkoš, demonstrating official support for the company's strategic expansion into East Asia: "The participation of Decent Cybersecurity company at the DSEI in Japan is a testament to Slovakia's dynamic innovation ecosystem and our commitment to excellence in digital security. As a leader in post-quantum cryptographic solutions, Decent Cybersecurity showcases the ingenuity and advanced capabilities of Slovak enterprises, reinforcing our nation's position at the forefront of technological progress. We are proud to support their efforts in shaping the future of cybersecurity and fostering international collaboration in this critical field." TOKYO, JAPAN - EQS Newswire - 27 May 2025 - Decent Cybersecurity, the only Slovak company with its own stand at DSEI Japan 2025, has successfully positioned itself for expansion into the Japanese and broader Asian markets with its cutting-edge post-quantum cryptography the prestigious defense exhibition held in Chiba from May 21-23, the company showcased three of its flagship post-quantum cryptography technologies: SpaceShield STM, DroneCrypt UTM, and the QuantumProof Protocol—all designed to address the growing threat quantum computing poses to traditional encryption Matej Michalko, CEO of Decent potential partnership aligns perfectly with Rapidus's mission to establish Japan as a leader in next-generation semiconductor manufacturing. With the Japanese government having allocated 802.5 billion yen (US$5.4 billion) in subsidies for Rapidus in fiscal year 2025, and the company's pilot line testing having begun on April 1, the timing for such a collaboration appears successful showing comes at a critical time, as Japanese Prime Minister Shigeru Ishiba emphasized in his keynote speech the importance of international technology cooperation for regional stated, highlighting the need for collaborative approaches to emerging threats—precisely the space where Decent Cybersecurity NATO, EU, and national security clearances at the "Secret" level, Decent Cybersecurity brings both innovation and trustworthiness to the table. The company's participation aligns perfectly with Japan's increasing focus on cybersecurity as part of its defense strategy, particularly as quantum computing advances threaten to render current encryption methods the only Slovak participant among 290+ exhibitors at an event hosting more than 8,000 attendees and 500 VIPs from 78 countries, Decent Cybersecurity has successfully planted its flag in the Indo-Pacific cybersecurity market, marking a significant milestone in its global expansion #DecentCybersecurity The issuer is solely responsible for the content of this announcement. About DSEI Japan DSEI Japan is the only large-scale, fully integrated defense event in Japan, sponsored by the DSEI Japan Executive Committee. With over 8,000 attendees from 78 countries, 500+ VIPs, and 290+ exhibiting companies, it serves as the premier platform for connecting global defense and security sectors with Japanese and Asian defense communities. About Decent Cybersecurity Decent Cybersecurity is a Slovak company specializing in post-quantum cryptography and blockchain security solutions. Founded in 2015 by Matej Michalko, it holds "Secret" level security clearances from NATO, the EU, and national authorities. The company operates internationally with offices across five European countries and is registered with both the European Space Agency and European Commission. Decent Cybersecurity is a founding member of the Critical Infrastructure Association of the Slovak Republic. About Embassy of the Slovak Republic in Tokyo The Embassy of the Slovak Republic in Tokyo, being an integral part of the Ministry of Foreign and European Affairs of the Slovak Republic, represents Slovak diplomatic interests in Japan and promotes bilateral relations between the two countries. It provides consular services to Slovak citizens and supports Slovak businesses seeking to enter the Japanese market. The Embassy actively facilitates economic diplomacy, particularly in innovative sectors including cybersecurity, helping Slovak companies establish valuable connections with Japanese stakeholders.
Globe and Mail
19-05-2025
- Business
- Globe and Mail
SEALSQ Announces Results of Its 2025 Annual General Meeting ('AGM') of Shareholders Held on May 19, 2025
Geneva, Switzerland, May 19, 2025 (GLOBE NEWSWIRE) -- 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 results of its 2025 Annual General Meeting ('AGM') of Shareholders, held in person in NYC on May 19, 2025. During the meeting, shareholders voted in favor of all resolutions put forward, including the re-election of the current seven board members (five of whom are non-executive directors), each for a one-year term extending until the conclusion of the 2026 AGM: Ruma Bose (non-executive) Cristina Dolan (non-executive) David Fergusson (non-executive) Joao Carlos Creus Moreira (executive) John O'Hara (executive) Eric Pellaton (non-executive) Peter Ward (non-executive) The SEALSQ shareholders approved the election of a new member to the company's Board of Directors as a non-executive director, for a one-year term extending until the conclusion of the 2026 AGM: Hossein Rahnama (non-executive) The AGM provided an opportunity for management to present a comprehensive financial and operational overview of SEALSQ's performance since its listing. This included discussions on key financial metrics, strategic initiatives, growth prospects, market trends, and strategic objectives aimed at ensuring sustained value creation for shareholders. The Company had previously issued its 2024 Annual Report, including financial statements for the year ended December 31, 2024. The report is available at Shareholders as of April 25, 2025 ('the Record Date') were entitled to attend and vote either in-person at the AGM, or by giving electronic or written voting instructions to their independent voting rights representative. The votes in favor of all resolutions reflects the confidence and support of SEALSQ's shareholders in the company's direction and governance, setting a positive tone for the year ahead. 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 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 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.
Yahoo
16-05-2025
- Business
- Yahoo
Decent Cybersecurity to Showcase Post-Quantum Solutions at DSEI Japan 2025
PIESTANY, Slovakia, May 16, 2025--(BUSINESS WIRE)--Decent Cybersecurity announces its participation at DSEI Japan 2025 as the only Slovak cybersecurity company exhibiting at this premier defense event in Makuhari Messe, Chiba (May 21-23, 2025). The company will showcase its advanced post-quantum security solutions for aerospace, defense, and space sectors, including SpaceShield STM, DroneCrypt UTM, and QuantumProof Protocol. "The Indo-Pacific region represents a critical frontier for post-quantum cybersecurity innovation as quantum computing advances threaten traditional encryption," said Matej Michalko, Founder, Chairman and CEO of Decent Cybersecurity. "Our participation demonstrates our commitment to offering Japanese defense and space agencies access to European-certified, quantum-resistant security solutions that protect critical infrastructure against emerging threats." As a holder of NATO, EU, and national security clearances at the "Secret" level, Decent Cybersecurity brings unique post-quantum security credentials to the Japanese defense market, where cybersecurity partnerships are increasingly prioritized amid regional security challenges. Visit stand H7-158 at DSEI Japan 2025. About Decent Cybersecurity: Decent Cybersecurity is a forerunner in cybersecurity, utilizing AI, post-quantum cryptography and quantum-resistant blockchain for enhanced data protection. The company serves space and satellite communications, aerospace and defense, drone and unmanned traffic management, and government sectors. ISO 9001 and ISO 27001 certified by TÜV SÜD, Decent Cybersecurity holds national, EU, and NATO security clearances at the Secret level. With offices across Europe (Slovakia, Czech Republic, Poland, Ireland, UK), the company is registered with the European Space Agency and European Commission, providing cutting-edge solutions that safeguard critical information and infrastructure in an increasingly complex threat landscape. View source version on Contacts Media Relationsmedia@ Sign in to access your portfolio
Associated Press
07-05-2025
- Business
- Associated Press
SEALSQ Announces QVault TPM Compliance with Highest-Security Key Lengths for Post-Quantum Protection in Defense, IoT, and Automotive
Geneva, Switzerland, May 07, 2025 (GLOBE NEWSWIRE) -- QVault TPM Now Compliant with ML-DSA-87 and ML-KEM-1024, Leverages the Most Secure NIST-Standardized CRYSTALS-Dilithium and Kyber Algorithms for Quantum-Resistant Protection 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 its QVault Trusted Platform Module (TPM) is fully compliant with ML-DSA-87 and ML-KEM-1024, the highest-security parameter sets of the NIST-standardized CRYSTALS-Dilithium (ML-DSA) and CRYSTALS-Kyber (ML-KEM) algorithms. This milestone reinforces SEALSQ's position as a trusted provider of quantum-resistant security solutions, addressing the stringent requirements of defense, IoT, automotive, and telecommunications markets. ML-DSA-87 and ML-KEM-1024: The Pinnacle of Post-Quantum Security ML-DSA-87 and ML-KEM-1024 represent the most robust variants of the CRYSTALS-Dilithium digital signature algorithm and CRYSTALS-Kyber key encapsulation mechanism (KEM), respectively, standardized by NIST in August 2024 as FIPS 204 and FIPS 203. These algorithms, part of the Cryptographic Suite for Algebraic Lattices (CRYSTALS), are based on the hardness of module lattice problems, offering resistance to both classical and quantum attacks. Their superior security stems from longer key sizes, which provide enhanced protection against cryptanalytic advances: ML-DSA-87 (Dilithium): With a public key size of 1,952 bytes and a signature size of 4,595 bytes, ML-DSA-87 targets security equivalent to AES-256, the highest security level among NIST's PQC signature schemes. This makes it ideal for applications requiring long-term data integrity and authentication, such as firmware signing and secure communications in defense systems. ML-KEM-1024 (Kyber): Featuring a public key size of 1,568 bytes and a ciphertext size of 1,568 bytes, ML-KEM-1024 also achieves AES-256-equivalent security, ensuring robust key exchange for encrypted data transmission. Its design supports high-security use cases like IoT device authentication and satellite telecommunications. Compared to lower-parameter variants (e.g., ML-DSA-44, ML-KEM-512), ML-DSA-87 and ML-KEM-1024 use larger keys and more complex lattice structures, significantly increasing computational difficulty for attackers, including those with future quantum computers. According to NIST, these parameter sets are recommended for applications where 'the highest level of security is required,' such as protecting classified data or critical infrastructure. Market Demand for High-Security PQC Solutions The urgency to adopt quantum-resistant cryptography is driven by the rapid advancement of quantum computing, with experts predicting cryptographically relevant quantum computers could emerge within a decade, threatening traditional encryption like RSA and ECC. Industry leaders have echoed the demand for high-security PQC algorithms. IBM, a key contributor to ML-DSA and ML-KEM, noted that these standards mark 'a crucial milestone to advancing the protection of the world's encrypted data,' (*) highlighting their adoption in products like IBM z16 and IBM Cloud for government and financial services. Cloudflare reported that nearly 2% of TLS 1.3 connections were PQC-secured by early 2024, with expectations of double-digit adoption by year-end, driven by customers prioritizing quantum-safe key exchange for data protection against 'harvest now, decrypt later' attacks. The preference for AES-256-equivalent security delivered by ML-DSA 87 and ML-KEM 1024 aligns with customer requirements in defense and critical infrastructure, where long-term data confidentiality is paramount. (*) QVault TPM: A Robust Platform for Quantum-Resistant Security SEALSQ's QVault TPM integrates ML-DSA-87 and ML-KEM-1024 into a hardware-based security module, providing a tamper-resistant environment for cryptographic operations, key storage, and device authentication. Certified to FIPS 140-2/3 and Common Criteria EAL5+, the QVault TPM supports a range of applications, including: Defense: Secure firmware signing and authentication for drones and satellite systems, ensuring data integrity against quantum threats. IoT: Quantum-safe authentication for billions of connected devices, protecting smart cities and industrial systems. Automotive: Secure vehicle-to-everything (V2X) communications, meeting ISO 26262 safety and cybersecurity standards. The QVault TPM's compliance with ML-DSA-87 and ML-KEM-1024 builds on SEALSQ's expertise in secure semiconductors, as demonstrated in partnerships with Parrot and AgEagle for drone security and WISeSat for satellite IoT connectivity. By embedding the most secure PQC algorithms, SEALSQ ensures long-term protection for data encrypted today, addressing customer demands for future-proof cybersecurity. 'SEALSQ's QVault TPM sets a new benchmark for post-quantum security by integrating ML-DSA-87 and ML-KEM-1024, the most advanced algorithms available,' said Jean-Pierre Enguent, CTO of SEALSQ. 'Our commitment to delivering quantum-resistant solutions empowers customers in defense, IoT, and automotive sectors to safeguard critical systems against emerging threats.' 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 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 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 [email protected] SEALSQ Investor Relations (US) The Equity Group Inc. Lena Cati Tel: +1 212 836-9611 [email protected]
