SEALSQ Corp Achieves Common Criteria EAL5+ Certification for MS600X Secure Hardware Platform and Advances FIPS 140-3 Certification for VaultIC 408

SEALSQ announces EAL5+ certification for its MS600X Secure Hardware Platform, enhancing security for critical applications worldwide.

Quiver AI Summary

SEALSQ Corp. has announced that its MS600X Secure Hardware Platform has achieved the prestigious Common Criteria EAL5+ Certification, enhancing its reputation for providing secure hardware solutions for applications in sectors like the Internet of Things (IoT) and smart metering. This certification signifies a high level of security assurance against sophisticated attacks, reflecting SEALSQ's commitment to innovative hardware security. Additionally, the company's VaultIC 408 secure microcontroller has successfully undergone FIPS 140-3 testing, with final certification anticipated soon, further demonstrating its security capabilities as part of the UK’s Smart Metering Program. Looking ahead, SEALSQ is preparing to launch a Post-Quantum Hardware Platform in 2025, which will also carry the EAL5+ Certification, reinforcing the company's leadership in addressing modern security challenges posed by quantum computing.

Potential Positives

• SEALSQ's MS600X Secure Hardware Platform received the prestigious Common Criteria EAL5+ Certification, highlighting the company’s commitment to high-security standards.
• The VaultIC 408 secure microcontroller successfully passed FIPS 140-3 testing, indicating compliance with U.S. cryptographic security benchmarks.
• The upcoming launch of the Post-Quantum Hardware Platform, certified to EAL5+, positions SEALSQ as an innovator in security against quantum computing threats.
• Recognition from high security standards reinforces SEALSQ's reputation as a trusted provider of secure solutions for critical infrastructures worldwide.

Potential Negatives

• The press release contains extensive forward-looking statements, indicating potential risks and uncertainties related to the company's future performance and technology strategy, which may create concerns for investors regarding the reliability of its projections.
• The references to upcoming certifications and product launches suggest that the company may currently lack certain market validations for their new products, potentially leading to skepticism about their readiness and efficacy.
• Despite achieving significant certifications, the press release does not provide financial metrics or market performance indicators, which could lead to doubts about the company's current market position and overall business health.

FAQ

What is the significance of SEALSQ's Common Criteria EAL5+ Certification?

The EAL5+ Certification demonstrates SEALSQ's commitment to high-level security for its MS600X Secure Hardware Platform.

How does the VaultIC 408 contribute to smart metering initiatives?

The VaultIC 408 secure microcontroller enhances security in the UK's Smart Metering Program, meeting stringent safety requirements.

What upcoming product is SEALSQ launching in 2025?

SEALSQ is preparing to launch its Post-Quantum Hardware Platform, designed to safeguard against quantum computing threats.

What industries benefit from SEALSQ's secure hardware solutions?

SEALSQ’s solutions are applicable across various sectors, including IoT, healthcare, automotive, and industrial automation.

Why is Post-Quantum Cryptography important for security?

Post-Quantum Cryptography protects against potential attacks from powerful quantum computers on current cryptographic methods.

Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.

$LAES Hedge Fund Activity

We have seen 1 institutional investors add shares of $LAES stock to their portfolio, and 6 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

• ANSON FUNDS MANAGEMENT LP removed 649,533 shares (-100.0%) from their portfolio in Q3 2024, for an estimated $285,729
• XTX TOPCO LTD removed 25,589 shares (-100.0%) from their portfolio in Q3 2024, for an estimated $11,256
• TWO SIGMA SECURITIES, LLC removed 16,849 shares (-100.0%) from their portfolio in Q3 2024, for an estimated $7,411
• JANE STREET GROUP, LLC added 15,663 shares (+inf%) to their portfolio in Q3 2024, for an estimated $6,890
• VIRTU FINANCIAL LLC removed 11,662 shares (-100.0%) from their portfolio in Q3 2024, for an estimated $5,130
• UBS GROUP AG removed 4,221 shares (-92.0%) from their portfolio in Q3 2024, for an estimated $1,856
• FEDERATION DES CAISSES DESJARDINS DU QUEBEC removed 1,500 shares (-15.8%) from their portfolio in Q3 2024, for an estimated $659

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

Full Release

Geneva, Switzerland, Jan. 17, 2025 (GLOBE NEWSWIRE) --

Combined with the upcoming launch of its Post-Quantum Hardware Platform, SEALSQ is setting a new benchmark for secure solutions across industries that demand the highest levels of protection

SEALSQ Corp (NASDAQ: LAES) ("SEALSQ" or "Company"), a company specializing in Semiconductors, PKI, and Post-Quantum technology hardware and software products, today announced that its MS600X Secure Hardware Platform has been awarded the Common Criteria EAL5+ Certification, one of the highest internationally recognized levels of security certification for hardware products. This achievement underscores SEALSQ’s commitment to delivering robust, reliable, and secure solutions for critical applications in Internet of Things (IoT), smart metering, and beyond.

The Common Criteria Evaluation Assurance Level (EAL) is a globally accepted standard for evaluating the security of IT products. The EAL5+ Certification is specifically tailored for products designed to protect high-value assets against sophisticated attacks. This level of certification guarantees a thorough and rigorous evaluation process, demonstrating SEALSQ’s dedication to ensuring unparalleled security in its hardware platforms.

VaultIC 408 Achieves Key FIPS 140-3 Milestone



In addition, SEALSQ’s VaultIC 408 secure microcontroller has successfully passed the stringent FIPS 140-3 testing conducted by UL Labs. The Federal Information Processing Standard (FIPS) 140-3, maintained by the National Institute of Standards and Technology (NIST), sets the benchmark for cryptographic module security and compliance in the United States. With testing complete, the NIST Cryptographic Module Validation Program (CMVP) is now reviewing the results, and final certification is expected within a few months.

Of note, SEALSQ’s VaultIC 408 has already garnered significant market traction, having been selected to equip millions of smart hubs as part of the UK’s Smart Metering Program. This program aims to enhance energy efficiency and management across the country. VaultIC 408’s unparalleled security features played a key role in meeting the stringent requirements of this large-scale initiative.

What This Means for the Industry



This dual recognition, Common Criteria EAL5+ for the MS600X and progress toward FIPS 140-3 Certification for the VaultIC 408, positions SEALSQ as a trusted provider of secure hardware solutions for critical infrastructures worldwide.

Post-Quantum Hardware Platform Launching in 2025



SEALSQ is preparing for the upcoming launch of its Post-Quantum Hardware Platform, set to hit the market in 2025. This cutting-edge platform will be available both as an open platform and a trusted platform module (TPM), and it will carry the prestigious Common Criteria EAL5+ Certification. This ensures that the platform meets the highest security standards required to safeguard against quantum computing threats, further cementing SEALSQ’s position at the forefront of hardware security innovation.

“Achieving the Common Criteria EAL5+ Certification for our MS600X Secure Hardware Platform and advancing the FIPS 140-3 certification process for the VaultIC 408 is a testament to SEALSQ’s leadership in hardware security innovation,” said Bernard Vian, General Manager of SEALSQ. “Combined with our upcoming Post-Quantum Hardware Platform, we are setting a new benchmark for secure solutions across industries that demand the highest levels of protection.”

These certifications reinforce SEALSQ’s ability to address the evolving security challenges faced by IoT applications, critical infrastructure, and government projects. By meeting the stringent criteria for global security standards, SEALSQ continues to provide its partners and customers with unparalleled confidence in its solutions.

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 the expected success of our technology strategy and solutions for IoMT Security for Medical and Healthcare sectors, 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.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.