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SEALSQ Partnering with Hedera in the Next Generation of Post-Quantum Semiconductors

GlobeNewswire LogoGlobeNewswire5d ago

SEALSQ Partnering with Hedera in the Next Generation of Post-Quantum Semiconductors - GlobeNewswire

Quick Summary:

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 successfully launch post-quantum semiconductor technology; SEALSQ’s ability to capture a share of the quantum semiconductor market; the growth of the quantum computing market; SEALSQ’s ability to expand its U.S.operations; SEALSQ’s ability to enhance its production facilities in the U.S.and France; SEALSQ’s ability to make additional investments towards the development of a new generation of quantum-ready semiconductors; the success of SEALCOIN; SEALSQ’s ability to continue beneficial transactions with material parties, including a limited number of significant customers; market demand and semiconductor industry conditions; the growth of the quantum computing market; and the risks discussed in SEALSQ’s filings with the SEC.

Geneva, Switzerland, Dec.17, 2024 (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 a strategic partnership with Hedera to deliver next-generation quantum-resistant semiconductors, integrating cutting-edge security solutions to protect critical infrastructures in the emerging post-quantum world.

Hedera’s blockchain/distributed ledger technology (DLT) network, which relies on robust and secure cryptography for authorizing transactions and maintaining state integrity, will benefit from SEALSQ’s quantum-resistant chips to ensure long-term security and resilience.

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Article Details

Author / Journalist: SEAL Semiconductors

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-17 @ 13:33:00 (5 days ago)

News Timezone: GMT +8:00

News Source URL: globenewswire.com

Language: English

Article Length: 860 words

Reading Time: 5 minutes read

Sentences: 32 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © GlobeNewswire

News ID: 24507471

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About GlobeNewswire

Main Topics: Technology

Official Website: globenewswire.com

Update Frequency: 2 posts per day

Year Established: 1998

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News Last Updated: 13 hours ago

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Publisher ID: #116

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