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SEALSQ Announced Strategic Developments and Provided Updates on Progress Made on Post-Quantum Semiconductors and SEALCOIN Initiatives During Its Investor Day

GlobeNewswire ·  Apr 10 09:00

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, unveiled a series of comprehensive strategic initiatives and progress reports during its Investor Day at Nasdaq MarketSite on April 1, 2024. These initiatives underscore the Company's commitment to technological advancement and maintaining its position as an industry leader in the era of quantum computing.

The event was highlighted by an in-depth presentation delivered by CEO Carlos Moreira, and CFO John O'Hara. The presentation covered an array of topics, including current market trends, strategic initiatives, and investment highlights, and was concluded with a Q&A session that provided further insights into the Company's trajectory.

A focal point of the event was the Company's progress made to date on its intention to create an Open Semiconductors Assembly and Test ("OSAT") Center in the U.S. by end of 2025, and offered an extensive overview of SEALSQ's developments in Post Quantum Semiconductor technology, a strategy co-presented by General Manager Bernard Vian, and CEO Carlos Moreira.

Earlier this year, SEALSQ announced the establishment of SEALSQ USA Ltd ("SEALSQ USA") in Phoenix, Arizona as part of its plan to create the OSAT Center, which marks a strategic effort to bolster semiconductor technology infrastructure in the United States, reinforcing SEALSQ's dedication to fostering growth and innovation in the semiconductor industry during the post-quantum era.

During the event, SEALSQ's team highlighted the Company's pioneering efforts in Post-Quantum Cryptography (PQC), a cutting-edge field aimed at countering the potential threats posed by quantum computing. This initiative ensures SEALSQ's leadership in securing digital security across a spectrum of applications, including Multi-Factor Authentication tokens, Smart Energy, IT Network Infrastructure, Automotive, and Industrial Automation and Control Systems.

Furthermore, during the event the team provided updates on the timeline of launch of SEALCOIN, as a Hybrid Payment & Utility Token for its Decentralized Physical Infrastructure Network (DePIN), its anticipated impact on the market, and a detailed technological roadmap. The integration of SEALCOIN within SEALSQ's technological ecosystem is set to redefine secure transactions and digital interactions globally.

SEALSQ's presentation at its Nasdaq Investor Day represents the Company's unwavering commitment to innovation and its pivotal role in shaping the future of digital security and semiconductor technology.

For further information or to access the complete progress report, please visit .

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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