SEALSQ Corp ("SEALSQ" or "Company") (NASDAQ: LAES), a company that
focuses on developing and selling Semiconductors, PKI and
Post-Quantum technology hardware and software products, today
announced a strategic partnership with CarbonMinus, leveraging the
innovative SEALCOIN as a means to offset CO2 emissions and drive
the decarbonization of the IoT industry. This collaboration marks a
significant milestone at the intersection of energy management and
sustainability, enabling businesses to not only redefine success
but also to embrace a future where environmental stewardship and
profitability go hand in hand.
Strategic Empowerment through Energy and Resource
Dynamics
SEALSQ is committed to equipping businesses with the tools and
knowledge needed to master their energy and resource dynamics. This
initiative fosters a culture where profitability and environmental
responsibility coexist, allowing companies to thrive while making a
positive impact on the planet.
Elevating Brands with Sustainable Practices
Through this partnership, SEALSQ and CarbonMinus are set to
elevate brand reputations across the industry, promoting
sustainable practices that contribute to a sense of fulfillment and
positive impact within the global eco-sphere. This strategic move
not only enhances corporate images but also aligns them with the
growing demand for responsible business operations.
Profitability with a Purpose: A New Business
Paradigm
The collaboration between SEALSQ and CarbonMinus envisions a
future where operational efficiency and green initiatives act as
the twin engines of business success. This approach not only
ensures profitability but also embeds a purpose-driven strategy at
the core of business operations, paving the way for a more
sustainable and profitable future.
Blockchain: Transforming the Carbon Credits
System
The partnership also addresses the critical issues plaguing the
traditional carbon market, such as lack of transparency,
inefficiency, and fraud. By integrating SEALCOIN, based on
blockchain technology, SEALSQ and CarbonMinus are at the forefront
of digitizing carbon credits. Blockchain technology offers an
immutable and transparent ledger, ensuring that carbon credits are
traded, tracked, and retired in an efficient and fraud-proof
manner. This not only enhances the integrity of carbon markets but
also makes it easier for companies to contribute meaningfully to
the global fight against climate change.
A Sustainable Future for the IoT Industry
As the IoT industry continues to expand, its energy consumption
and carbon footprint have become significant concerns. The
partnership between SEALSQ and CarbonMinus, through the use of
blockchain technology and SEALCOIN, represents a pivotal step
towards a more sustainable IoT ecosystem. By enabling businesses to
offset their carbon emissions efficiently and transparently, this
collaboration is setting new standards for environmental
responsibility in the digital age.
Emphasizing the impact of this announcement, Carlos Moreira, CEO
of SEALSQ, commented, “It is with great honor that we announce our
transformative partnership with CarbonMinus. SEALSQ continues to be
at the forefront of positive change in the digital space, and we
believe this partnership is further evidence of our commitment to
such. Alongside CarbonMinus, we intend to redefine the landscape of
the IoT industry through sustainability and blockchain technology.
We look forward to the collaboration and positive impact to
come.”
Ashok Ranadive, Co-founder and CEO of CarbonMinus, added, “We
are thrilled to announce our strategic partnership with SEALSQ, a
NASDAQ-listed company renowned for its integrated solutions
addressing post-quantum cryptographic security in IoT devices and
systems. This collaboration marks a pivotal moment for us, as it
presents numerous opportunities to merge authenticity and security
with efficiency gains and sustainability compliance, thereby
assisting brands in combatting the critical challenges of fraud and
greenwashing. Our integration with blockchain-based SEALCOIN
introduces unprecedented transparency and authenticity to the
Carbon trading markets, delivering substantial value to our
esteemed customers.”
Together, SEALSQ and CarbonMinus are leading the charge towards
a greener, more sustainable future, demonstrating that it is indeed
possible to balance profitability with environmental
stewardship.
About SEALSQ:SEALSQ focuses on selling
integrated solutions based on Semiconductors, PKI and Provisioning
services, while developing Post-Quantum technology hardware and
software products. Our solutions can be used in a variety of
applications, from Multi-Factor Authentication tokens, Smart
Energy, Smart Home Appliances, and IT Network Infrastructure, to
Automotive, Industrial Automation and Control Systems.Post-Quantum
Cryptography (PQC) refers to cryptographic methods that are secure
against an attack by a quantum computer. As quantum computers
become more powerful, they may be able to break many of the
cryptographic methods that are currently used to protect sensitive
information, such as RSA and Elliptic Curve Cryptography (ECC). PQC
aims to develop new cryptographic methods that are secure against
quantum attacks.For more information please visit
www.sealsq.com.
About CarbonMinus:The CarbonMinus platform
offers a comprehensive suite of Sustainability, Energy and
Resources monitoring solutions, providing real-time data,
insightful analytics, and timely alerts. It aims to enhance
operational efficiency, reduce energy costs, optimize resource
utilization, and ensure compliance with sustainability regulations.
The platform supports specific objectives such as resource
conservation, sustainability targets, and financial savings. Key
benefits include instant insights with alerts and KPI tracking, ISO
50001-compliant analytics, strategic waste reduction, specialized
compliance tools, seamless integration with smart-meters and
sensors, and deployability via Cloud and On-Premise Solutions.
CarbonMinus empowers businesses to achieve sustainable energy and
resource management goals, driving impactful change with efficiency
and precision.
For more information please visit www.thecarbonminus.com
Forward-Looking StatementsThis communication
expressly or implicitly contains certain forward-looking statements
concerning SEALSQ Corp and its businesses. Forward-looking
statements include statements regarding our business strategy,
financial performance, results of operations, market data, events
or developments that we expect or anticipates will occur in the
future, as well as any other statements which are not historical
facts. Although we believe that the expectations reflected in such
forward-looking statements are reasonable, no assurance can be
given that such expectations will prove to have been correct. These
statements involve known and unknown risks and are based upon a
number of assumptions and estimates which are inherently subject to
significant uncertainties and contingencies, many of which are
beyond our control. Actual results may differ materially from those
expressed or implied by such forward-looking statements. 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 generate revenue from emerging new
semiconductors; SEALSQ’s ability to generate revenue from Matter
certification and the new cyber trust mark standards; the
successful introduction of the WISeSat picosatellite constellation;
SEALSQ's ability to continue beneficial transactions with material
parties, including a limited number of significant customers;
market demand and semiconductor industry conditions; and the risks
discussed in SEALSQ's filings with the SEC. Risks and uncertainties
are further described in reports filed by SEALSQ with the
SEC.SEALSQ Corp is providing this communication as of this date and
does not undertake to update any forward-looking statements
contained herein as a result of new information, future events or
otherwise.
Press and investor
contacts:
SEALSQ Corp.Carlos
MoreiraChairman & CEOTel: +41 22 594 3000info@sealsq.com |
SEALSQ Investor Relations (US)The
Equity Group Inc.Lena CatiTel: +1 212 836-9611
/ lcati@equityny.comKatie MurphyTel: +212 836-9612
/ kmurphy@equityny.com |
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