Monitor the January 2027 site audits and subsequent ANSSI certificate issuance; formal certification would remove a key adoption barrier for customers. Watch for design-win announcements or revenue guidance tied to QS7001, VaultIC409, or QVault TPM in future filings.
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Executive Summary
SEALSQ Corp, a subsidiary of WISeQey Corp, announced that its QS7001 post-quantum secure element completed the technical evaluation phase of Common Criteria EAL5+ certification with all tests passing. The certification process now enters its final phase with site audits scheduled for January 2027 and formal certificate issuance targeted for 2027. This milestone supports customer design-in decisions but does not represent a revenue event or change in financial guidance.
Key Facts
- QS7001 V1 completed all physical and functional security tests for Common Criteria EAL5+ with PASS results from SERMA Safety & Security, an ANSSI-licensed lab.
- Certification enters final phase: site audits scheduled for January 2027, then evaluation report submitted to ANSSI for formal certificate issuance.
- 42 prospective customers and partners were evaluating QS7001 and QVault TPM as of September 30, 2026.
- VaultIC409 and QVault TPM products built on the QS7001 platform will benefit from the same hardware certification level.
- The QS7001 incorporates NIST-standardized post-quantum algorithms ML-KEM (FIPS 203) and ML-DSA (FIPS 204).
Financial Impact
No financial figures disclosed. The certification milestone supports future product commercialization but has no immediate revenue impact.
Risk Factors
- Site audits scheduled for January 2027 could be delayed or identify deficiencies requiring remediation.
- ANSSI may not issue the certificate on the anticipated timeline or at all.
- Market acceptance of post-quantum cryptography solutions and pace of adoption remain uncertain.
- No revenue or financial guidance was provided; the milestone does not guarantee commercial success.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 6-K Filing (Primary) | 0001213900-26-113315 |
| Document: ea030988601ex99-1.htm | 0001213900-26-113315 |
| Document: 0001213900-26-113315-index-headers.html | 0001213900-26-113315 |
| Document: 0001213900-26-113315-index.html | 0001213900-26-113315 |
| Document: 0001213900-26-113315.txt | 0001213900-26-113315 |
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Oct 28, 2026 2d ago | 6-K | No price | awaiting T+60 | awaiting T+60 | No price |
Oct 27, 2026 3d ago | 6-K | No price | awaiting T+60 | awaiting T+60 | No price |
Oct 22, 2026 8d ago | 6-K | No price | awaiting T+60 | awaiting T+60 | No price |
Oct 16, 2026 14d ago | 6-K | $5.88 | awaiting T+60 | awaiting T+60 | No price |
Oct 14, 2026 16d ago | 6-K | $5.88 | awaiting T+60 | awaiting T+60 | No price |
Oct 9, 2026 21d ago | 3 | No price | awaiting T+60 | awaiting T+60 | No price |
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Oct 9, 2026 21d ago | 3 | No price | awaiting T+60 | awaiting T+60 | No price |
Oct 9, 2026 21d ago | 3 | No price | awaiting T+60 | awaiting T+60 | No price |
Oct 9, 2026 21d ago | 3 | No price | awaiting T+60 | awaiting T+60 | No price |
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