Shares of SEALSQ (LAES) surged about 7% after the company revealed the Quantum Shield QS7001, a secure chip designed to defend against future quantum-enabled cyberattack threats. The chip debuted at the IQT Quantum+AI 2025 Conference in New York City.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
What Makes QS7001 Chip Special?
QS7001 is the first secure chip to embed two National Institute of Standards and Technology (NIST)-standardized post-quantum cryptography (PQC) algorithms, ML-KEM (CRYSTALS-Kyber) and ML-DSA (CRYSTALS-Dilithium), directly into hardware. It must be noted that NIST approved these algorithms in August 2024 to defend against quantum attacks.
The QS7001 chip is expected to secure applications such as cryptocurrency, IoT, and defense systems. Also, it aims to offer higher performance and security than software-based solutions.
SEALSQ plans to officially launch the chip in mid-November 2025, with development kits available shortly after. The company also disclosed a flexible open hardware platform and a separate Trusted Platform Module (TPM) version planned for 2026.
“By embedding post-quantum cryptography directly in hardware, this chip aims to set a new paradigm of trust and protection,” said Carlos Moreira, CEO of SEALSQ. “We’re securing sovereign infrastructure and connected devices against the coming quantum threat.”
Is LAES Stock a Good Buy?
Turning to Wall Street, LAES stock has a Moderate Buy consensus rating based on one Buy rating assigned in the past three months. At $6, the SEALSQ stock price target implies 21.26% downside risk from current levels. LAES stock has gained 198% over the past six months.
