The National Institute of Standards and Technology is in the process of selecting public-key cryptographic algorithms through a public, competition-like process. The public-key encryption and key-establishment algorithm that will be standardized is CRYSTALS-Kyber. The digital signatures that will be standardized are CRYSTALS-Dilithium, Falcon, and SPHINCS+. While there are multiple signature algorithms selected, NIST recommends CRYSTALS-Dilithium as the primary algorithm to be implemented. In addition, four of the alternate key-establishment candidate algorithms will advance to a fourth round of evaluation: BIKE, Classic McEliece, HQC, and SIKE. These candidates are still being considered for future standardization. NIST will also issue a new Call for Proposals for public-key digital signature algorithms to augment and diversify its signature portfolio.