SEALSQ Corp, a leading company specializing in the development and sale of Semiconductors, PKI, and Post-Quantum technology hardware and software products, made a groundbreaking announcement today. SEALSQ has expanded its “on-wafer” semiconductor provisioning offering by introducing a new “on-Package” chip personalization service with a remarkable 4-week lead time. The news has sent shockwaves through the market, leading to a significant surge in SEALSQ’s stock.
As of Thursday’s trading session, SEALSQ’s stock opened at $2.08, a substantial increase from the previous day’s closing price of $1.95 on Wednesday. This surge is indicative of the positive response from investors to the strategic move by SEALSQ into faster and more flexible chip personalization services.
At the time of this publication, Sealsq Corp stock (LAES) has witnessed a surge.
Sealsq Corp
Current Price: $2.74
Change : +0.79
Change (%): (40.52%)
Volume: 37.1M
Source: Tomorrow Events Market Data
With this new offering, SEALSQ is empowering its clients with the ability to personalize off-the-shelf secure elements from its VaultIC™ range. The personalized chips can be equipped with certificates and keys, and these pre-loaded chips will be delivered in less than 4 weeks, packaged in reels ranging from 1,000 to 20,000 units.
The rapid adaptation of SEALSQ’s offerings, coupled with its fast time-to-market lead time, is a strategic response to the increasing demands of IoT device makers. This move caters to those engaged in small-batch manufacturing, allowing them to address their immediate needs before scaling up production.
A key component of SEALSQ’s value proposition is its commitment to being a vertically integrated security provider. This means that its secure element range can be pre-provisioned with private keys and certificates compliant with industry protocols such as MATTER, Wi-SUN, or OPC. This ensures seamless authentication and commissioning with major cloud platforms like Microsoft AZURE or AWS.
Traditionally, chip personalization in the semiconductor industry is performed at an early stage of the production process, requiring large order volumes and several months lead-time before delivery. The innovative “on-Package” chip personalization service by SEALSQ disrupts this norm, providing a last-minute personalization option to its clients.
This service is made possible through SEALSQ’s personalization platform, VaultITrust™, while certificate issuance and management can be seamlessly executed using SEALSQ’s Managed PKI-as-a-Service platform, INeS™. This platform empowers device makers to generate and manage compliant certificates throughout the device’s lifecycle, offering a convenient and powerful interface.
The IoT security landscape is evolving, with industry standards like Matter, national cybersecurity labels such as the US Cyber Trust Mark, and EU regulations like the Cyber Resilience Act playing pivotal roles. These standards emphasize the importance of embedding a unique trusted identity in IoT devices through certificates and private keys—a cornerstone of the IoT security framework. SEALSQ’s latest move positions the company at the forefront of addressing these evolving security requirements in the rapidly expanding IoT market.
