SEALSQ Celebrates a Year of Remarkable Achievements and Sets Sight on 2024 with a Focus on Post-Quantum Technology, AI, and Cryptocurrency Security
December 29 2023 - 12:33PM
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, celebrates
a year filled with significant achievements and milestones and
announces its ambitious agenda for 2024, which is expected to be a
year focused on pioneering post-quantum technologies, AI
advancements, and enhanced security for cryptocurrency
transactions.
A Year of Technological Triumphs
SEALSQ’s 2023 was marked by strategic
investments and advancements in new post-quantum chips, aimed at
elevating AI performance in semiconductors. These chips, slated for
commercialization in 2025, represent a giant leap in technology,
combining superior AI capabilities with robust security features.
SEALSQ's comprehensive solutions, including secure elements, root
of trust, cryptographic keys, and hardware security modules, have
played a pivotal role in propelling the semiconductor industry
forward while safeguarding against potential threats.
Pioneering the AIoT Revolution
The fusion of IoT and AI, or AIoT, has been a
cornerstone of SEALSQ’s strategy. Leveraging the high-integrity
data from IoT devices, SEALSQ has advanced the integration of AI
with NFT/Matter-based IoT certification, enhancing device
intuitiveness and efficiency. This innovative approach is part of a
broader AIoT revolution, setting new benchmarks in smart technology
and operational efficiency.
Expanding Horizons in Global IoT and AI
Markets
2023 witnessed SEALSQ capitalizing on the
rapidly growing global IoT market and the surging demand for
AI-enhanced technologies. With the IoT market expected to exceed 29
billion endpoints by 2027, SEALSQ’s strategic initiatives have
positioned it at the forefront of this expansion.
SEALSQ’s AIoT Systems: A Dual ApproachSEALSQ’s
AIoT systems have been instrumental in various sectors:
- Cloud-based AIoT: Tailored for deep predictive analysis and
large-scale data management, offering powerful computing for
complex AI algorithms.
- Edge-based AIoT: Focused on real-time data processing for
immediate decision-making, essential in emergency response and
infrastructure management.
SEALSQ’s AIoT systems have made significant impacts across
industries, from smart cities and supply chain port automatization
to healthcare and cybersecurity, revolutionizing operational
efficiency and safety.
Looking Ahead: 2024 and Beyond
As SEALSQ enters 2024, it remains committed to
its vision of shaping the future of technology. With a keen focus
on post-quantum advancements, AI integration, and securing
cryptocurrency transactions, SEALSQ is poised to lead the next wave
of technological innovations.
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, 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 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
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 implement its growth strategies; SEALSQ’s ability to
generate revenue from emerging new semiconductors; SEALSQ’s ability
to generate revenue from Matter certification and the new cyber
trust mark standards; the successful introduction of the WISeSat
picosatellite constellation; 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
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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