Sealsq Partners with WISeSat to Develop First Quantum Spatial Cloud

Welcome to the latest edition of "Quantum Leap" where The Fly decodes news and activity in the quantum computing space.QUANTUM SPACE ORBITAL CLOUD:Sealsqand WISeSat.Space will partner to develop and operate the world's first commercial Quantum Spatial Orbital Cloud, or QSOC. The program plans to deploy a 100-satellite constellation delivering quantum key distribution, quantum random number generation and post-quantum identity services as a subscription offering to enterprises and governments worldwide. The program plans to deploy satellites incrementally from 2024 through full operational capability in 2033. At full operational capacity, WISeSat is expected to operate a dedicated QSOC constellation for Sealsq, and Sealsq is expected to deliver a contractually guaranteed 99.9% uptime service-level agreement to its customers. This project, which is subject to, amongst other requirements, final approval by the board of directors of Sealsq, is believed to be the first such commitment ever made for a quantum security service.NATIONAL CYBER SECURITY STRATEGY:Quantum Cyberannounced a strategic update in response to the Trump Administration's newly released National Cybersecurity Strategy, outlining the company's positioning within the quantum and cyber defense landscape. The company said, "Quantum Cyber views the White House's strategy as a direct validation of the Company's core business thesis. The convergence of quantum computing and cybersecurity — two domains at the center of the Trump Administration's framework — represents one of the most significant growth opportunities in the technology sector over the coming decade. The Company believes its name, focus, and developing capabilities place it at the intersection of both priority areas identified by the federal government. Building on the momentum of the Trump Administration's cybersecurity framework, Quantum Cyber's management team is actively evaluating a pipeline of strategic acquisition candidates operating in quantum computing, post-quantum cryptography, zero-trust network architecture, and adjacent cybersecurity disciplines. The Company believes that a targeted acquisition strategy will accelerate its ability to build an operationally active platform with measurable revenue potential in sectors directly aligned with U.S. national security priorities. The Company is currently conducting preliminary due diligence on several opportunities and is engaged in discussions with potential targets."REGISTERED DIRECT OFFERING:Sealsq has entered into a securities purchase agreement with several institutional investors to purchase 30,413,630 ordinary shares and accompanying warrants to purchase up to 60,827,260 ordinary shares priced at-the-market under Nasdaq rules. The combined purchase price per ordinary share and accompanying warrants was $4.11. The warrants will have an exercise price of $5.50 per ordinary share, will be immediately exercisable, and will expire seven years following the date of issuance. Gross proceeds for the offering are expected to be approximately $125M, before deducting commissions and offering expenses. The offering will be led by an affiliate of Heights Capital Management. Maxim Group is acting as the sole placement agent for the offering. The offering is expected to close on or about March 17, subject to the satisfaction of customary closing conditions.100 PHYSICAL QUBITS:Infleqtionhas delivered the UK's only operational 100-physical-qubit quantum computing system at the National Quantum Computing Centre with its Sqale platform, achieving a milestone the NQCC identified as "a critical objective" for the UK's quantum strategy. Achieved in December 2025, the milestone creates infrastructure that will enable researchers and industry to begin working with large-scale quantum systems. "This is a defining moment for Infleqtion and the UK's ambition to build world-class sovereign quantum capabilities. Achieving this milestone has been a key goal for the UK's quantum efforts and seeing it become reality is something we are all immensely proud of," said Colin Sullivan, managing director of Infleqtion UK. "We look forward to expanding our partnership with UK researchers, businesses and government to unlock the full potential of quantum technology."PQC IN DRONES:Sealsq and Parrot SA announced the expansion of their strategic collaboration to integrate post-quantum cryptography, or PQC, technologies from Sealsq into Parrot's next generation of professional drones. Carlos Moreira, chairman and CEO of Sealsq, said: "Drones are becoming essential tools for governments, defense, public safety, and industrial operations worldwide. Having contributed to build the security foundation of Parrot's ANAFI USA and ANAFI Ai platforms, we are proud to take our partnership to the next level by integrating post-quantum cryptography directly into Parrot's next drone generation. With frameworks like CNSA 2.0 now setting binding PQC migration timelines for national security systems, being quantum-ready is no longer optional for platforms serving government and defense customers, it is a requirement. Our collaboration with Parrot demonstrates the importance of embedding quantum-resistant security at the semiconductor level to protect critical autonomous systems and ensure their long-term regulatory compliance."FAULT TOLERANT:IQM Quantum Computers and Zurich Instruments announced a joint project to build and operate a real-time quantum error correction demonstrator, enabled by the NvidiaNVQLink platform. The company believes this project marks a significant milestone toward scalable and fault-tolerant quantum computing designed for enterprise and datacenter deployment. "Quantum processors and supercomputing are converging and together are expanding the scope of problems we can approach with computing," said Tim Costa, Vice President and General Manager for Quantum, NVIDIA. "The connectivity needed between quantum processors and accelerated computing is demanding, but IQM and Zurich Instruments' work with the NVIDIA NVQLink platform demonstrates that such low latency, high throughput integrations are now possible."CYBERSECURITY RISKS:Sealsq also announced that its CEO, Carlos Moreira, participated in the Cantor Quantum Security Event in New York, where experts, investors, and technology leaders gathered to discuss the growing cybersecurity risks posed by the emergence of quantum computing. During a roundtable discussion focused on the future of cryptographic protection in the quantum era, Moreira emphasized the need for organizations to begin transitioning to post-quantum cryptography to safeguard sensitive data and critical infrastructure. "Organizations should begin deploying post-quantum protection as soon as possible," said Moreira. "The strategic answer is not to predict Q-Day perfectly; it is to remove quantum-vulnerable cryptography from high-value systems before the prediction matters."REFERENCE ARCITECTURE:IBMunveiled the industry's first published quantum-centric supercomputing reference architecture, a new blueprint for integrating quantum computing into modern supercomputing environments. The architecture shows how quantum processors can work alongside GPUs and CPUs-across on-premises systems, research centers, and the cloud-in order to tackle scientific challenges that no single computing approach can solve on its own. "More than four decades ago, Richard Feynman envisioned computers that could simulate quantum physics," said Jay Gambetta, director of IBM Research and IBM Fellow. "At IBM, we've spent years turning that vision into reality. Today's quantum processors are beginning to tackle the hardest parts of scientific problems-those governed by quantum mechanics in chemistry. The future lies in quantum-centric supercomputing, where quantum processors work together with classical high-performance computing to solve problems that were previously out of reach. IBM is building the technology and systems that brings this future of computing into reality today."