SEALSQ Corp (NASDAQ: LAES) shares gained sharply Monday, as the company, focused on developing and selling Semiconductors, PKI and Post-Quantum technology hardware and software products, today announced that it is taking a significant step forward in the realm of IoT data security by utilizing ultra-secure data centers in Switzerland to store and process vast amounts of data generated by its sensors and semiconductors.
“As IoT devices continue to collect critical information across various sectors—ranging from smart cities and consumer devices to industrial automation and smart grids”, according to this morning’s news release, “there is an increasing need for robust infrastructure capable of managing the massive datasets these devices produce. The IoT data landscape is characterized by its high volume, diverse structure, and real-time requirements. Data streams include everything from telemetry and video feeds to unstructured machine logs and environmental metrics, all of which must be processed with ultra-low latency to derive actionable insights.”
Switzerland’s strategic push toward digital sovereignty aligns perfectly with SEALSQ’s objective. The country is in the process of developing an independent digital infrastructure, the Swiss Government Cloud, slated to be operational by 2026. This investment, costing CHF 319.4 million, will not only support federal agencies but also provide a secure environment for cantons, cities, and local municipalities. Switzerland’s emphasis on digital sovereignty transcends mere data protection—it focuses on harnessing data-driven innovation while maintaining control over essential digital resources. SEALSQ’s adoption of this infrastructure reflects a commitment to both security and technological independence.
LAES shares galloped 10 cents, or 15.5%, to 72 cents.
