SEALSQ launches quantum-safe tech for Bitcoin wallets

GENEVA - SEALSQ Corp (NASDAQ: LAES), a developer of advanced semiconductor and cybersecurity technologies whose stock has surged over 599% in the past six months, has introduced a new quantum-resistant cryptographic solution designed to protect Bitcoin wallets from potential threats posed by quantum computing. The company, currently valued at $378 million, has shown remarkable market momentum, with InvestingPro data revealing a 33% gain just last week. The company’s QS7001 secure element, announced today, integrates post-quantum cryptographic (PQC) technology to ensure the long-term security of blockchain assets.

Bitcoin wallets, which currently utilize elliptic curve cryptography (ECC) for generating key pairs, could be at risk as quantum computers advance, potentially enabling the derivation of private keys from public ones. SEALSQ’s response to this quantum risk involves a PQC stack based on CRYSTALS-Kyber and CRYSTALS-Dilithium, both NIST-standardized algorithms created to withstand quantum attacks. These lattice-based algorithms provide forward secrecy and unforgeable signatures, aiming to replace vulnerable ECC-based protocols.

The QS7001 secure element is a tamper-resistant chip designed for hardware wallets and IoT devices, facilitating secure storage of post-quantum private keys and efficient quantum-resistant signing and key exchange operations. SEALSQ also provides a migration framework for developers, including hybrid cryptography for backward compatibility and tools for secure key rotation. According to InvestingPro analysis, the company maintains a strong financial position with a current ratio of 6.0 and more cash than debt on its balance sheet, providing stability for its innovative developments.

Carlos Moreira, CEO of SEALSQ, emphasized the importance of trusted roots in cryptography and the need for blockchain to evolve alongside the transition from classical to quantum computing. He stated that SEALSQ’s collaboration with WISeKey on post-quantum secure microcontrollers and Quantum RootKey infrastructure offers a scalable solution to defend Bitcoin from quantum threats.

SEALSQ specializes in Post-Quantum Technology hardware and software solutions, focusing on the development of Quantum Resistant Cryptography and Semiconductors to address security challenges posed by quantum computing across various industries.

This announcement contains forward-looking statements regarding SEALSQ’s business strategy and potential future developments. These statements are based on current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially. While the company currently appears overvalued according to InvestingPro Fair Value metrics, investors can access detailed analysis and 10+ additional ProTips through the comprehensive Pro Research Report, which provides in-depth insights into SEALSQ’s financial health, market position, and growth prospects.

SEALSQ has not updated any forward-looking statements as of the date of this press release. The information presented is based on a press release statement from SEALSQ Corp.

In other recent news, SEALSQ Corp has made several notable advancements. The company announced a strategic $10 million investment into WISeSat.Space AG to enhance satellite security and establish a quantum-resilient satellite network. This initiative is expected to generate scalable revenue through a "Satellite-as-a-Service" model. Additionally, SEALSQ has upgraded its QVault Trusted Platform Module to comply with the latest NIST post-quantum cryptographic standards, enhancing protection against both classical and quantum computer attacks. The QVault TPM integrates advanced algorithms, offering robust security for high-stakes applications in defense and telecommunications sectors.

SEALSQ is also collaborating with WISeKey and WISeSat.Space AG to launch WISeSat 2.1, a satellite equipped with Quantum RootKey technology, to bolster satellite communication security against quantum-enabled threats. This deployment is significant for secure satellite command authentication and data transmission protection. Furthermore, SEALSQ has strengthened its position in the UAV market through partnerships with Parrot and AgEagle Aerial Systems, integrating its secure elements into drones for enhanced cryptographic operations. The company held its 2025 Annual General Meeting, where shareholders re-elected board members and approved a new non-executive director, demonstrating confidence in SEALSQ’s strategic direction.

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