In premarket trading, SEALSQ Corp. (NASDAQ: LAES) shares are up 3.00% as of the last check to $3.43, indicating a notable comeback. This upward trend of LAES stock on the charts is a partial recovery after the previous session’s steep loss of over 10% and is driven by a significant strategic move.
Enhancing Cybersecurity with Quantum Safety
It has been announced that Post-Quantum Cryptography (PQC) technology from SEALSQ has been deployed in sovereign data centers in France and Switzerland. Its parent company, WISeKey International, a global pioneer in blockchain, IoT, and cybersecurity solutions, is collaborating on this project.
SEALSQ is leading the way in guaranteeing a safe and scalable shift to quantum-safe technology by combining cutting-edge hardware, software, and operational security mechanisms. LAES’ PQC technologies proactively reduce possible cyber risks as new quantum hazards present growing dangers to digital security.
By using PQC and Quantum Key Distribution (QKD), LAES is advancing encryption methods, promoting randomness innovation, and ensuring infrastructure compatibility. These technological advancements are crucial for safeguarding and maintaining the integrity of private data in the era of post-quantum computing.
Providing Sovereign Data Security
The PQC Hardware Security Modules (HSMs) from SEALSQ offer a fully EU-sovereign solution and are housed in reliable data centers in France and Switzerland. These facilities are operated by dedicated Swiss and French staff, ensuring total control over personal data and minimizing reliance on external cloud service providers.
This strategy ensures adherence to changing legal frameworks, such as the strict NIS2 Directive, which requires strict encryption methods for data availability, secrecy, and integrity, while also bolstering data sovereignty.
A Tradition of Leadership in Cybersecurity
WISeKey has been at the forefront of cybersecurity and safe online hosting since its founding in 1999. The business was one of the first to provide extremely secure hosting services within bunkers in the Swiss Alps, which were first built as military-grade, nuclear-proof structures.
These state-of-the-art data centers provide enterprises, including Bitcoin mining operations, an unparalleled level of security since they were converted to secure critical infrastructure.