Geneva, Switzerland, Jan. 08, 2025 -- SEALSQ Corp ("SEALSQ" or "Company"), a company specializing in Semiconductors, PKI, and Post-Quantum technology hardware and software products, today announced that the post-quantum cryptography (PQC) market is poised for rapid growth as enterprises and governments urgently seek solutions to protect critical infrastructure from future quantum threats.

PQC companies like SEALSQ and its parent company, WISeKey International Holding Ltd , a global leader in cybersecurity, digital identity, and IoT solutions platform, are at the forefront of this transformation, delivering advanced quantum-resistant solutions to safeguard data and systems today against the quantum challenges of tomorrow.

This comes amid recent comments that quantum computing technology may not become “very useful” for another 15-30 years. While such a timeline suggests that the full potential of quantum computing is still distant, the risk posed by future quantum computers to classical cryptographic systems is imminent. Organizations must act now to adopt PQC solutions to secure their data and systems against potential traditional and quantum-based cyberattacks.

SEALSQ, has been a pioneer in post-quantum cryptography. It has developed quantum-resistant algorithms optimized for microcontrollers and embedded devices, ensuring the security of IoT ecosystems and critical infrastructure. SEALSQ’s Quantum-Resistant Algorithm CRYSTALS-Kyber, has garnered international recognition and is setting new standards for quantum-safe cryptographic implementations.

WISeKey, a global leader in cybersecurity, has integrated post-quantum capabilities into its Root of Trust and comprehensive PKI suite of solutions. These innovations provide end-to-end encryption and data protection, ensuring businesses and governments can transition seamlessly to a quantum-safe era.

“Post-quantum cryptography is no longer a theoretical discussion, it’s an immediate priority,” said Carlos Moreira, Founder and CEO of SEALSQ. “SEALSQ and WISeKey are committed to leading the charge in delivering quantum-resistant solutions that protect our digital ecosystems today while preparing for the transformative quantum era. Recent comments from industry leaders, underscore the need for proactive measures to secure current infrastructure long before quantum computing reaches its full potential.”

Here is a 6-year timeline (2025–2030) for developing a fully operational quantum computer, alongside the SEALSQ advancements for developing post-quantum chips and post-quantum computing defense capabilities and the generation of a Quantum RootKey by WISeKey.  

Furthermore, below is a summary of practical timelines of implementations to be enforced by industry standards and government:

• National Institute of Standards and Technology (NIST) Standards (Global): First PQC standards finalized; standards expected by 2024-2025.
• CISA (US Critical Infrastructure): Post-Quantum Cryptography Roadmap recommends early adoption by the late 2020s.
• White House Federal Mandate (US): Federal systems to transition to quantum-safe cryptography by 2035.
• European Union Critical Sectors: EU cybersecurity strategy encourages adoption; mandates expected by 2025-2027.
• IoT (Matter, Wi-SUN): Quantum-safe integration encouraged; widespread adoption likely by 2025.
• Financial Services: SWIFT, PCI-DSS expected to incorporate PQC by 2026-2028.
• Healthcare: Mandates for quantum-safe cryptography likely by the late 2020s.

Governments and international organizations are driving the adoption of post-quantum standards. NIST has recently finalized quantum-resistant algorithms as part of its ongoing efforts to secure global cryptographic systems. Companies like SEALSQ and WISeKey are aligning their technologies with these standards, ensuring compliance and enhancing global cybersecurity.

Post-quantum cryptography is expected to experience significant market growth well before quantum computing reaches maturity. Unlike quantum computing companies, which are still developing hardware and software for niche applications, PQC providers are delivering actionable solutions that can be implemented on existing infrastructure. This positions companies like SEALSQ and WISeKey to address the immediate needs of enterprises and governments, paving the way for long-term quantum innovation.