WISeKey
Takes
Steps to
Implement its Semiconductors
Quantum
TechnologyWISeKey
announces the implementation of
project
“QUASARS”
(QUAntum resistant
Secure ARchitecures project) that
has officially received the SCS label as a recognition of its
quality and innovative aspects
GENEVA – January
26, 2023: WISeKey International
Holding Ltd. (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY),
a leading global cybersecurity, AI,
Blockchain, and IoT company, today announced that it has
incorporated a new company with the name SEALSQ Corp. to lodge
project QUASARS. WISeKey, through SEALSQ Corp (www.SEALSQ.com), has
taken affirmative steps to implement its QUASARS project. The
QUASARS project, is a radical innovative solution, based upon the
new WISeKey Secure RISC V platform that is paving the way for the
Post Quantum Cryptography era, offering hybrid solutions compliant
with ANSSI’s (“Agence nationale de la sécurité des systèmes
d’information,” the National Cybersecurity Agency of France)
recommendations. Of note, WISeKey Semiconductors has received
strong support from the French SCS (Secured Communicating
Solutions) Cluster for its QUASARS project.
Carlos Moreira, CEO of WISeKey noted, “Our
cutting-edge QUASARS project is lodged in a newly-formed
Semiconductors Quantum technology company, SEALSQ Corp, dedicated
to advancing the field of post-quantum computing, making it
accessible to a wide range of industries that are already using our
semiconductors, and it is enabling advances in communications,
computing, healthcare, military systems, transportation, clean
energy, and countless other applications.”
Mr. Moreira continued, “Our team of experts in
Switzerland, France and USA has been working tirelessly over the
last 36 months to develop innovative post-quantum solutions that
harness the power of quantum mechanics to solve complex problems.
Our post-quantum solutions include post-quantum microchips and
other quantum devices that can be used in a variety of
applications, from cryptography and drug discovery to artificial
intelligence and financial modeling.”
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.
One example of a post-quantum technology is the
lattice-based cryptography, a type of public-key cryptography based
on the hardness of a mathematical problem called the Shortest
Vector Problem (SVP) which is thought to be too difficult for a
quantum computer to solve. Lattice-based cryptography can be used
for tasks such as digital signatures, key exchange, and
encryption.
Another example is code-based cryptography which
is based on the difficulty of decoding certain algebraic structures
called error-correcting codes. These codes can be used to create
digital signatures, key exchange, and encryption schemes that are
secure against quantum attacks.
It is worth noting that post-quantum
cryptography is still in its early stages of development and there
is ongoing research to identify and improve the most promising
post-quantum techniques.
WISeKey is part of the National Institute of
Standards and Technology (NIST) National Cybersecurity Center of
Excellence (NCCoE) project, a new secure platform, that will help
define best practices for performing trusted network-layer
onboarding, and aid in the implementation and use of trusted
onboarding solutions for IoT devices at scale.
Additional information on this consortium can be found
at: http://www.nccoe.nist.gov/projects/trusted-iot-device-network-layer-onboarding-and-lifecycle-management.
For this project, WISeKey is working with NIST
to define recommended practices for performing trusted
network-layer onboarding, which will aid in the implementation and
use of trusted onboarding solutions for IoT devices at scale.
The WISeKey contributions to the project will be
Trust Services for credentials and secure semiconductors to keep
credentials secure. Specifically, WISeKey will offer INeS
Certificate Management Service (CMS) for issuing credentials and
VaultIC secure semiconductors to provide tamperproof key storage
and cryptographic acceleration.
Press and investor contacts:
WISeKey
International Holding LtdCompany Contact: Carlos
MoreiraChairman & CEOTel: +41 22 594
3000info@wisekey.com |
WISeKey
Investor Relations (US)Contact: Lena CatiThe Equity
Group Inc.Tel: +1 212
836-9611lcati@equityny.com |
About WISeKey
WISeKey (NASDAQ: WKEY; SIX Swiss Exchange: WIHN)
is a leading global cybersecurity company currently deploying large
scale digital identity ecosystems for people and objects using
Blockchain, AI and IoT respecting the Human as the Fulcrum of the
Internet. WISeKey microprocessors secure the pervasive computing
shaping today’s Internet of Everything. WISeKey IoT has an install
base of over 1.5 billion microchips in virtually all IoT sectors
(connected cars, smart cities, drones, agricultural sensors,
anti-counterfeiting, smart lighting, servers, computers, mobile
phones, crypto tokens etc.). WISeKey is uniquely positioned
to be at the edge of IoT as our semiconductors produce a huge
amount of Big Data that, when analyzed with Artificial Intelligence
(AI), can help industrial applications to predict the failure of
their equipment before it happens.
Our technology is Trusted by the OISTE/WISeKey’s
Swiss based cryptographic Root of Trust (“RoT”) provides secure
authentication and identification, in both physical and virtual
environments, for the Internet of Things, Blockchain and Artificial
Intelligence. The WISeKey RoT serves as a common trust anchor to
ensure the integrity of online transactions among objects and
between objects and people. For more information,
visit www.wisekey.com.
Disclaimer:This communication
expressly or implicitly contains certain forward-looking statements
concerning WISeKey International Holding Ltd and its business. Such
statements involve certain known and unknown risks, uncertainties
and other factors, which could cause the actual results, financial
condition, performance or achievements of WISeKey International
Holding Ltd to be materially different from any future results,
performance or achievements expressed or implied by such
forward-looking statements. WISeKey International Holding Ltd 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.This press
release does not constitute an offer to sell, or a solicitation of
an offer to buy, any securities, and it does not constitute an
offering prospectus within the meaning of article 652a or article
1156 of the Swiss Code of Obligations or a listing prospectus
within the meaning of the listing rules of the SIX Swiss Exchange.
Investors must rely on their own evaluation of WISeKey and its
securities, including the merits and risks involved. Nothing
contained herein is, or shall be relied on as, a promise or
representation as to the future performance of WISeKey.
WISeKey (NASDAQ:WKEY)
Historical Stock Chart
From Jun 2024 to Jul 2024
WISeKey (NASDAQ:WKEY)
Historical Stock Chart
From Jul 2023 to Jul 2024