Proton Transitions to Non-Profit to Enhance Privacy and Accountability

The Swiss tech company aims to fortify its privacy mission with a new foundation structure, ensuring transparency and independence.

Proton establishes the Proton Foundation as its primary shareholder, maintaining a dual for-profit and non-profit model.
The foundation will oversee the company's adherence to its privacy-centric mission, with rigorous audits and regulatory oversight in Switzerland.
Proton's services, including encrypted email and VPN, will continue to operate with a focus on user privacy and financial sustainability.
The company plans to allocate 1% of its net revenues to support privacy-focused initiatives globally.
Key figures on the foundation's board include privacy experts and tech pioneers like Sir Tim Berners-Lee and Carissa Veliz.