SEALSQ partners with Thomson for quantum-secure tech

GENEVA - SEALSQ Corp (NASDAQ: LAES), a developer of semiconductor and cybersecurity technologies with a market capitalization of $272 million, announced a strategic partnership with Thomson Quantum AI to incorporate its Post-Quantum Cryptography (PQC) into Thomson's hardware products. According to InvestingPro data, the company maintains a strong financial position with more cash than debt on its balance sheet and a healthy current ratio of 6.0. The integration will begin with the deployment of SEALSQ's post-quantum Root-of-Trust security into 60,000 Thomson devices, including laptops, tablets, and smartphones. By early 2026, these devices will also feature SEALSQ's Trusted Platform Module (TPM), aiming to provide comprehensive quantum-resistant security.

This collaboration positions Thomson to potentially become the first to market laptops designed for the quantum computing age, with devices engineered in France. The PQC technology will enable devices to withstand future quantum computer attacks, ensuring data protection across various applications, from secure communications to digital identity verification. While SEALSQ's stock has shown significant volatility, with a remarkable 483% return over the past six months, InvestingPro analysis reveals 10+ additional exclusive insights about the company's performance and prospects.

SEALSQ's CEO, Carlos Moreira, expressed enthusiasm for the deal, citing strong market interest in their upcoming quantum-resistant TPM technology and ongoing discussions with over 60 large electronics manufacturers regarding potential implementations.

In response to the advancing quantum computing field, SEALSQ and Thomson are launching a Quantum Ready Program to assist companies in transitioning to quantum-secure infrastructures. The program aims to provide enterprises with tools and guidance to adapt their security measures without operational disruptions.

The United Nations has declared 2025 the International Year of Quantum Science and Technology, reflecting the rapid progression of quantum development. Despite billions in global investment, only a small percentage of business leaders feel prepared for the changes quantum computing will bring. With revenue of $11 million in the last twelve months and analysts projecting 29% growth next fiscal year, SEALSQ's financial metrics and detailed analysis are available in the comprehensive Pro Research Report on InvestingPro, part of their coverage of 1,400+ US equities.

The SEALSQ and Thomson partnership is designed to bridge this preparedness gap by delivering solutions that can help businesses stay competitive and secure in the face of technological evolution.

This announcement is based on a press release statement and does not constitute an endorsement of SEALSQ's claims. It is a factual report on the partnership between SEALSQ and Thomson Quantum AI and their initiatives to prepare for the post-quantum era.

In other recent news, SEALSQ Corp has announced the appointment of Loïc Hamon as the new Chief Operating Officer to spearhead its expansion in North America. This strategic move aligns with SEALSQ's efforts to strengthen its position in the semiconductor and post-quantum technology market. The company has also confirmed that it remains unaffected by the new tariffs imposed by the U.S. administration, thanks to an exemption for semiconductors. SEALSQ is actively investing in U.S.-centric growth with plans to open a domestic Outsourced Semiconductor Personalization & Test center, aligning with initiatives like the CHIPS Act.

Additionally, SEALSQ has entered into a strategic partnership with IC™ALPS to develop advanced Application-Specific Integrated Circuits (ASICs) for automotive safety in the post-quantum era. This collaboration may lead to SEALSQ acquiring IC™ALPS, pending due diligence and regulatory approvals. SEALSQ is also moving forward with the certification process for its QS7001 Post-Quantum Secure Chip, which is expected to launch in Q4 2025. This chip is designed to enhance security for blockchain ecosystems against quantum computing threats.

Meanwhile, CLSQ, another player in the quantum cybersecurity field, reported a significant revenue decline in 2024, dropping to $11 million from $30 million in 2023. Despite this, CLSQ remains optimistic about its strategic investments in quantum-resistant technology and anticipates a revenue increase in 2025. The company maintains strong cash reserves of over $90 million, which supports its continued investment in research and development and strategic acquisitions.

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