SEALSQ Corp is developing a secure post-quantum cryptography solution to protect digital identities against quantum computing threats.
Quiver AI Summary
SEALSQ Corp, a company focused on semiconductor and post-quantum technology solutions, has announced the development of a new Post-Quantum Cryptography Root of Trust, termed "Quantum RootCA," in collaboration with the OISTE.ORG Foundation. Set to launch in Q1 2025, the Quantum RootCA will use advanced cryptographic algorithms to secure digital identities and communications against threats from quantum computing. This solution integrates with existing Public Key Infrastructure to provide quantum-safe digital certificates and ensure the integrity of data transfers. Furthermore, SEALSQ is establishing a "Quantum Lab" to support companies and researchers in evaluating quantum-resistant digital certificates. SEALSQ's technologies aim to protect various sectors, including IoT, government, finance, and healthcare, amidst the evolving landscape of cybersecurity.
Potential Positives
- SEALSQ is developing the Quantum RootCA, an advanced cryptographic solution to secure digital identities and communications against quantum computing threats.
- The Quantum RootCA uses industry-standard Post-Quantum Cryptography algorithms, ensuring long-term security and protection for current and future encrypted data.
- The collaboration with the OISTE.ORG Foundation and the launch of the SEALSQ Quantum Lab positions the company as a leader in the cybersecurity industry, providing vital resources for companies to adopt quantum-resistant technologies.
Potential Negatives
- The announcement relies heavily on the future success of a technology (Post-Quantum Cryptography) that may still be unproven in large-scale applications, which carries inherent risks.
- Significant reliance on a limited number of key customers for market demand raises concerns about vulnerability to fluctuations or failures within that customer base.
- The forward-looking statements highlight uncertainties and potential discrepancies between expectations and actual outcomes, indicating possible instability in the company's future performance.
FAQ
What is the Quantum RootCA initiative by SEALSQ Corp?
The Quantum RootCA is an advanced cryptographic solution to secure digital identities against quantum computing threats.
When is the Quantum RootCA expected to launch?
The launch of the Quantum RootCA is anticipated as early as Q1 2025.
How does Quantum RootCA protect against quantum computing vulnerabilities?
It employs Post-Quantum Cryptography algorithms like CRYSTALS-Dilithium and FALCON to ensure encryption remains secure.
What is the purpose of the SEALSQ Quantum Lab?
The Quantum Lab allows companies and researchers to access the PQC-PKI platform for issuing quantum-resistant digital certificates.
What are some applications of Post-Quantum Cryptography?
PQC can be applied in IoT security, government communication, financial transactions, healthcare, and telecommunications protection.
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 2 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. 31, 2025 (GLOBE NEWSWIRE) --
In-person registration:
https://www.sealsq.com/quantum-day-invitation
SEALSQ Corp (NASDAQ: LAES) ("SEALSQ" or "Company"), a company specializing in Semiconductors, PKI, and Post-Quantum technology hardware and software products, today announced that in collaboration with the OISTE.ORG Foundation, is developing the next generation of Post-Quantum Cryptography Root of Trust (“Quantum RootCA”), an advanced cryptographic solution designed to secure digital identities, systems, and communications against the imminent threat posed by quantum computing. The launch of the Quantum RootCA is expected as early as Q1 2025.
The Quantum RootCA employs Post-Quantum Cryptography (PQC) algorithms to protect against the vulnerabilities of traditional encryption methods like RSA and ECC, which can be broken by quantum computers. By leveraging algorithms such as CRYSTALS-Dilithium and FALCON, the Quantum Root Key ensures that encryption remains secure even as quantum computing evolves.
At the core of this solution is the OISTE/WISeKey Trust Model and an advanced Post-Quantum-Cryptography PKI platform (PQC-PKI), which provides a secure cryptographic anchor for storing and managing post-quantum digital certificates (WISeKey International Holding Ltd (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity, blockchain, and IoT company, is SEALSQ’s parent company). All cryptographic operations occur within a protected hardware environment, such as Hardware Security Modules (HSMs), Trusted Platform Modules (TPMs), or specialized secure chips developed by SEALSQ. This hardware-based implementation guards against physical and side-channel attacks.
The OISTE/WISeKey PQC-PKI facilitates secure key generation, authentication, and encryption processes. It generates quantum-resistant key pairs, securely stores private keys, and uses these keys to authenticate users, devices, and communications. By integrating with Public Key Infrastructure (PKI) systems, the Quantum Root Key supports the issuance and management of quantum-safe digital certificates. Additionally, it ensures the integrity of firmware updates and data transfers by providing robust protection against tampering.
SEALSQ and WISeKey are also launching a new “Quantum Lab” that makes its PQC-PKI platform available to companies and researchers, enabling the issuance of quantum-resistant digital certificates for evaluation and pilot projects. The new “SEALSQ Quantum Lab” aims to be a reference information point for companies seeking awareness and experience in these new technologies.
Technological Advantages:
Quantum-Resistant Algorithms:
ML-DSA (aka Dilithium), ML-KEM (aka Kyber), FALCON, and other NIST-standardized PQC algorithms ensure security against quantum attacks.
Secure Hardware Integration:
Embeds cryptographic functions in HSMs, TPMs, and secure microcontrollers to protect against physical and side-channel attacks.
Identity Verification:
Enables secure authentication for people, applications, and IoT devices, secure communications, financial transactions, and more.
Long-Term Protection:
Future-proof encryption designed to withstand advances in quantum computing for data that is encrypted today and must remain protected for years to come.
Use Cases:
IoT Security:
Authentication and secure communication for billions of connected devices.
Government and Defense:
Protection of classified data and secure communication channels.
Financial Services:
Quantum-safe protection for transactions and sensitive financial data.
Healthcare:
Ensures patient data confidentiality and secure medical communication.
Telecommunications:
Secures network infrastructure with quantum-resistant encryption.
Carlos Moreira, Founder and CEO of SEALSQ, commented, “Quantum computing is set to redefine cybersecurity. Our Quantum Root Key and new PQC-PKI ensure that digital identities and communications remain secure in the face of these changes. Our collaboration with the OISTE.ORG Foundation reinforces our mission to create a secure and privacy-centric digital world.”
With this initiative, SEALSQ and OISTE.ORG are at the forefront of developing innovative solutions to address the cybersecurity challenges of a post-quantum era.
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.
SEALSQ Corp. Carlos Moreira Chairman & CEO Tel: +41 22 594 3000 info@sealsq.com | SEALSQ Investor Relations (US) The Equity Group Inc. Lena Cati Tel: +1 212 836-9611 lcati@equityny.com |
This article was originally published on Quiver News, read the full story.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.