24/7 Market News Snapshot 11 June, 2025 – SEALSQ Corp Ordinary Shares (NASDAQ:LAES)

June 11, 2025

DENVER, Colo., 11 June, 2025 (www.247marketnews.com) – (NASDAQ:LAES) are discussed in this article.
In a noteworthy development for SEALSQ Corp, the company’s ordinary shares (LAES) have surged by 12.6%, opening at $4.135 and currently trading at $4.425, following a previous close of $3.930. This impressive movement reflects strong market confidence and increased investor interest, evidenced by a robust trading volume of approximately 29.96 million shares. Analysts observe bullish sentiment, with resistance levels potentially emerging around $4.50, while support levels are anticipated near $4.00, indicating possible areas for strategic trading opportunities.

Concurrently, SEALSQ Corp has announced a strategic partnership with Landis+Gyr, recognized globally for its smart grid technology. This collaboration is set to deploy SEALSQ’s innovative Public Key Infrastructure (PKI) tool, INeS, to enhance the security of smart meters with 30 million digital certificates. Scheduled to launch this summer, the implementation of INeS aims to provide robust, FIPS-certified digital certificates essential for device authentication and secure communication, thereby safeguarding against increasing cyber threats in the energy sector.

This initiative underscores SEALSQ’s commitment to delivering scalable, compliant, and economical security solutions tailored for extensive Internet of Things (IoT) deployments. The deployment of 30 million digital certificates illustrates SEALSQ’s ability to meet the growing security demands within a connected energy ecosystem and reinforces their previous successful collaborations on security solutions for gas meters across Europe, ensuring regulatory compliance and comprehensive security for Landis+Gyr’s infrastructure.

Carlos Moreira, Chairman and CEO of SEALSQ, highlighted the collaboration’s importance, stating that it not only enhances smart metering security but also addresses the urgent necessity for advanced protection in an evolving digital landscape. As they continue to innovate within the realm of Post-Quantum semiconductor technologies, SEALSQ positions itself as a leader in providing resilient, future-proof solutions for various applications, effectively empowering industries to navigate contemporary security challenges.

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