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WISeKey Takes Steps to Implement its Semiconductors Quantum Know-how

Wisekey Worldwide Holding S.A.

WISeKey youakes Ssteps to YoImplementation of its Semiconductors Quantum youknow-how

WISeKey proclaims the implementation of pchallenge “QUASARS” (Quantum resistant Safe ARCHITECTURES challenge) that has formally acquired the SCS label as a recognition of its high quality and progressive elements

GENEVA –January 262023: WISeKey Worldwide Holding Ltd. (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a main world cybersecurity, AI, Blockchain, and IoT firm, as we speak introduced that it has integrated a brand new firm with the title SEALSQ Corp. to lodge challenge QUASARS.

WISeKey, by means of SEALSQ Corp (www.SEALSQ.com), has taken affirmative steps to implement its QUASARS challenge. The QUASARS challenge, is a radical progressive resolution, primarily based upon the brand new WISeKey Safe RISC V platform that’s paving the best way for the Put up Quantum Cryptography period, providing hybrid options compliant with ANSSI’s (“Agence nationale de la sécurité des systèmes d’data, ” the Nationwide Cybersecurity Company of France) suggestions. Of word, WISeKey Semiconductors has acquired sturdy help from the French SCS (Secured Speaking Options) Cluster for its QUASARS challenge.

Carlos Moreira, CEO of WISeKey famous, “Our cutting-edge QUASARS challenge is lodged in a newly-formed Semiconductors Quantum know-how firm, SEALSQ Corp, devoted to advancing the sphere of post-quantum computing, making it accessible to a variety of industries which might be already utilizing our semiconductors, and it’s enabling advances in communications, computing, healthcare, navy techniques, transportation, clear vitality, and numerous different purposes.”

Mr. Moreira continued, “Our staff of specialists in Switzerland, France and USA has been working tirelessly during the last 36 months to develop progressive post-quantum options that harness the facility of quantum mechanics to unravel complicated issues. Our post-quantum options embrace post-quantum microchips and different quantum gadgets that can be utilized in quite a lot of purposes, from cryptography and drug discovery to synthetic intelligence and monetary modeling.”

Put up-quantum cryptography (PQC) refers to cryptographic strategies which might be safe in opposition to an assault by a quantum laptop. As quantum computer systems turn out to be extra highly effective, they can break lots of the cryptographic strategies which might be at the moment used to guard delicate data, reminiscent of RSA and Elliptic Curve Cryptography (ECC). PQC goals to develop new cryptographic strategies which might be safe in opposition to quantum assaults.

One instance of a post-quantum know-how is the lattice-based cryptography, a kind of public-key cryptography primarily based on the hardness of a mathematical drawback referred to as the Shortest Vector Drawback (SVP) which is considered too troublesome for a quantum laptop to unravel. Lattice-based cryptography can be utilized for duties reminiscent of digital signatures, key change, and encryption.

One other instance is code-based cryptography which relies on the problem of decoding sure algebraic constructions referred to as error-correcting codes. These codes can be utilized to create digital signatures, key change, and encryption schemes which might be safe in opposition to quantum assaults.

It’s value noting that post-quantum cryptography continues to be in its early levels of improvement and there’s ongoing analysis to establish and enhance probably the most promising post-quantum methods.

WISeKey is a part of the Nationwide Institute of Requirements and Know-how (NIST) Nationwide Cybersecurity Middle of Excellence (NCCoE) challenge, a brand new safe platform, that can assist outline greatest practices for performing trusted network-layer onboarding, and support within the implementation and use of trusted onboarding options for IoT gadgets at scale.

Extra data on this consortium could be discovered at: http://www.nccoe.nist.gov/initiatives/trusted-iot-device-network-layer-onboarding-and-lifecycle-management.

For this challenge, WISeKey is working with NIST to outline advisable practices for performing trusted network-layer onboarding, which is able to support within the implementation and use of trusted onboarding options for IoT gadgets at scale.

The WISeKey contributions to the challenge will probably be Belief Providers for credentials and safe semiconductors to maintain credentials safe. Particularly, WISeKey will provide INeS Certificates Administration Service (CMS) for issuing credentials and VaultIC safe semiconductors to supply tamperproof key storage and cryptographic acceleration.

Press and investor contacts:

WISeKey Worldwide Holding Ltd
Firm Contact: Carlos Moreira
Chairman & CEO
Cellphone: +41 22 594 3000
data@wisekey.com

WISeKey Investor Relations (US)
Contact: Lena Cati
The Fairness Group Inc.
Cellphone: +1 212 836-9611
lcati@equityny.com

About WISeKey

WISeKey (NASDAQ: WKEY; SIX Swiss Change: WIHN) is a number one world cybersecurity firm at the moment deploying giant scale digital id ecosystems for folks and objects utilizing Blockchain, AI and IoT respecting the Human because the Fulcrum of the Web. WISeKey microprocessors safe the pervasive computing shaping as we speak’s Web of All the pieces. WISeKey IoT has an set up base of over 1.5 billion microchips in nearly all IoT sectors (related vehicles, sensible cities, drones, agricultural sensors, anti-counterfeiting, sensible lighting, servers, computer systems, cellphones, crypto tokens and many others.). WISeKey is uniquely positioned to be on the fringe of IoT as our semiconductors produce an enormous quantity of Large Knowledge that, when analyzed with Synthetic Intelligence (AI), might help industrial purposes to foretell the failure of their tools earlier than it occurs.

Our know-how is Trusted by the OISTE/WISeKey’s Swiss primarily based cryptographic Root of Belief (“RoT”) gives safe authentication and identification, in each bodily and digital environments, for the Web of Issues, Blockchain and Synthetic Intelligence. The WISeKey RoT serves as a standard belief anchor to make sure the integrity of on-line transactions amongst objects and between objects and other people. For extra data, go to www.wisekey.com.

Disclaimer:
This communication expressly or implicitly comprises sure forward-looking statements regarding WISeKey Worldwide Holding Ltd and its enterprise. Such statements contain sure identified and unknown dangers, uncertainties and different elements, which might trigger the precise outcomes, monetary situation, efficiency or achievements of WISeKey Worldwide Holding Ltd to be materially totally different from any future outcomes, efficiency or achievements expressed or implied by such ahead -looking statements. WISeKey Worldwide Holding Ltd is offering this communication as of this date and doesn’t undertake to replace any forward-looking statements contained herein on account of new data, future occasions or in any other case.

This press launch doesn’t represent a proposal to promote, or a solicitation of a proposal to purchase, any securities, and it doesn’t represent an providing prospectus throughout the which means of article 652a or article 1156 of the Swiss Code of Obligations or an inventory prospectus throughout the which means of the itemizing guidelines of the SIX Swiss Change. Buyers should depend on their very own analysis of WISeKey and its securities, together with the deserves and dangers concerned. Nothing contained herein is, or shall be relied on as, a promise or illustration as to the long run efficiency of WISeKey.

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