SEALSQ and Ajyal Holding Launch the KUAENTUM Joint Venture in Abu Dhabi to Develop Post-Quantum Semiconductor Personalization Center and Satellite Production Hub with a $100 Million Local Investment Target

Geneva, Switzerland, Aug. 21, 2025 (GLOBE NEWSWIRE) --

Geneva, Switzerland, August 21, 2025 -- SEALSQ Corp (NASDAQ: LAES) ("SEALSQ" or "Company"), a company that focuses on developing and selling Semiconductors, PKI, and Post-Quantum technology hardware and software products, today announced the signing of a non-binding Letter of Intent with Ajyal Holding (“AJYAL”), (together the “Partners”) to establish a Joint Venture in United Arab Emirates (“UAE”) with the name KUAENTUM.  Building on UAE’s high-tech and space ecosystem, the Joint Venture intents to develop a cutting-edge Post-Quantum Semiconductors Personalization Center (PQSPC) in Abu Dhabi, and integrate a post-quantum satellite production line as part of its global semiconductor and space security strategy.  The project is subject to standard closing conditions including, but not limited to, the execution and signing of definitive agreements.

The Abu Dhabi KUAENTUM Joint Venture is intended to serve as a secure hub for the personalization and testing of post-quantum semiconductors. Core services are expected to include digital ID injection and embedded software updates at both wafer and IC levels. In parallel, the facility plans to support the production of quantum-resilient communication satellites, delivering end-to-end security from chip to space. The Partners estimate the investment required to complete this project will be on the order of approximately $100 million.

SEALSQ's decision to select Abu Dhabi was driven by its rapidly advancing high-tech and space ecosystem, strong support for semiconductor localization, and strategic investment initiatives led by the UAE government. Abu Dhabi offers a unique convergence of digital infrastructure, sovereign wealth backing, and a growing talent base focused on AI, cybersecurity, and aerospace engineering.

The PQSPC and satellite production facility aims to:

• Personalize and test post-quantum cryptographic chips based on SEALSQ's proprietary architectures.
• Integrate quantum-resistant encryption modules directly into satellite systems for government and critical infrastructure applications.
• Serve as a regional hub for semiconductor and space innovation across the Middle East and beyond, in alignment with national security and digital sovereignty goals.
• Host AI-driven R&D programs for adaptive semiconductors and autonomous satellite systems.

This initiative is part of SEALSQ's broader vision to establish PQSPC globally through Public-Private Partnerships (PPP). SEALSQ is currently negotiating similar projects in Europe and Asia. All centers will apply RISC-V-based chip architectures with embedded post-quantum cryptography, ensuring compliance with standards such as Common Criteria and NIST’s PQC guidelines.

Semiconductors produced by KUAENTUM are planned to feature advanced quantum-resistant cryptographic cores, offering robust protection against threats posed by Cryptographically Relevant Quantum Computers (CRQCs). These chips would also be embedded into SEALSQ’s secure satellite platforms, ensuring data integrity and confidentiality in a post-quantum era.

Ahmed Al Romaithi, Chairman of Ajyal Holding, said: "This partnership with SEALSQ reflects Ajyal Holding’s commitment to advancing the UAE’s position as a global leader in high-tech industries. By combining world-class post-quantum semiconductor expertise with Abu Dhabi’s dynamic innovation ecosystem, we are creating a platform that safeguards digital sovereignty and drives long-term industrial growth. KUAENTUM will not only strengthen our technological resilience but also inspire new generations of Emirati talent to lead in the fields of quantum computing, space, and secure communications."

Commenting on the Joint Venture, Carlos Moreira, CEO of SEALSQ, stated: “The convergence of quantum-resistant chips and secure satellite infrastructure marks a strategic inflection point in global cybersecurity, one that will define the resilience of digital and physical systems for decades to come. By uniting these two capabilities under one roof, we are not only addressing the immediate threats posed by the coming post-quantum era but also creating a scalable platform for innovation across critical industries. Abu Dhabi provides the ideal foundation for this vision, as it is a global hub where semiconductors and space security can be advanced in tandem, setting new standards for international security and technological leadership.”

About SEALSQ:
SEALSQ is a leading innovator in Post-Quantum Technology hardware and software solutions. Our technology seamlessly integrates Semiconductors, PKI (Public Key Infrastructure), and Provisioning Services, with a strategic emphasis on developing state-of-the-art Quantum Resistant Cryptography and Semiconductors designed to address the urgent security challenges posed by quantum computing. As quantum computers advance, traditional cryptographic methods like RSA and Elliptic Curve Cryptography (ECC) are increasingly vulnerable.

SEALSQ is pioneering the development of Post-Quantum Semiconductors that provide robust, future-proof protection for sensitive data across a wide range of applications, including Multi-Factor Authentication tokens, Smart Energy, Medical and Healthcare Systems, Defense, IT Network Infrastructure, Automotive, and Industrial Automation and Control Systems. By embedding Post-Quantum Cryptography into our semiconductor solutions, SEALSQ ensures that organizations stay protected against quantum threats. Our products are engineered to safeguard critical systems, enhancing resilience and security across diverse industries.

For more information on our Post-Quantum Semiconductors and security solutions, please visit www.sealsq.com.

Forward-Looking Statements
This communication expressly or implicitly contains certain forward-looking statements concerning SEALSQ Corp and its businesses. Forward-looking statements include statements regarding our business strategy, financial performance, results of operations, market data, events or developments that we expect or anticipate will occur in the future, as well as any other statements which are not historical facts. Although we believe that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates which are inherently subject to significant uncertainties and contingencies, many of which are beyond our control. Actual results may differ materially from those expressed or implied by such forward-looking statements. Important factors that, in our view, could cause actual results to differ materially from those discussed in the forward-looking statements include SEALSQ's ability to continue beneficial transactions with material parties, including a limited number of significant customers; market demand and semiconductor industry conditions; and the risks discussed in SEALSQ's filings with the SEC. Risks and uncertainties are further described in reports filed by SEALSQ with the SEC.

SEALSQ Corp 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.

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