SEALSQ and Trusted Semiconductor Solutions partner on quantum-secure chips

GENEVA/BROOKLYN PARK - SEALSQ Corp (NASDAQ:LAES), a $638 million market cap technology company, and Trusted Semiconductor Solutions (TSS) announced Thursday a strategic partnership to develop Made in US Post-Quantum Cryptography-enabled semiconductor solutions for U.S. defense and government agencies. InvestingPro data shows SEALSQ maintains a strong financial position with more cash than debt on its balance sheet.

The collaboration aims to create hardware with high-level security certifications by combining SEALSQ’s expertise in quantum-resistant technology with TSS’s Category 1A Trusted accreditation for handling classified microelectronics in defense systems. With a healthy current ratio of 7.38, SEALSQ appears well-positioned to fund its development initiatives.

The companies outlined a three-phase roadmap beginning with integrating SEALSQ’s QS7001 secure element into TSS’s platforms. Mid-term goals include co-developing PQC-embedded integrated circuits targeting FIPS 140-3 and Common Criteria certifications, while long-term plans focus on next-generation secure architectures including Chiplet-based Hardware Security Modules.

"This partnership marks a pivotal step in SEALSQ’s US strategy," said Carlos Moreira, CEO of SEALSQ, according to the press release.

Allan T. Hurst, President and CEO of TSS, noted that integrating SEALSQ’s technology into defense-grade solutions could "deliver unmatched trust and resilience" to agency partners.

The partnership will be formalized during the Quantum + AI Conference in New York City (October 19-21, 2025), where SEALSQ is serving as Diamond Sponsor.

This collaboration supports SEALSQ’s Quantum Corridor initiative connecting innovation hubs across Europe and the U.S. as part of its effort to secure digital infrastructures against quantum computing threats. Analysts expect SEALSQ’s revenue to grow by 68% this year, according to InvestingPro, which offers comprehensive analysis and 8 additional key insights about the company’s financial health and market position in its Pro Research Report.

In other recent news, SEALSQ Corp has secured approximately $69 million from institutional investors, including Heights Capital Management, through the exercise of 15 million Class A warrants. This influx of capital comes as the company continues to expand its initiatives, such as a partnership with SEALCOIN AG to develop quantum-resistant security solutions for artificial intelligence systems. Additionally, SEALSQ has announced a joint venture with Kaynes SemiCon to establish SEALKAYNESQ Ltd in India, focused on developing a semiconductor design and personalization center. This collaboration will also involve setting up an Outsourced Semiconductor Test & Personalization facility at Kaynes SemiCon’s manufacturing site. In another development, AuthenTrend Technology, Inc. is working on a proof-of-concept for a quantum-proof biometric key that integrates SEALSQ’s Quantum Shield QS7001 chip. This device aims to enhance security by combining fingerprint verification with post-quantum cryptography. These recent developments underscore SEALSQ’s strategic efforts to advance in the fields of quantum technology and secure semiconductor solutions.

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