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GENEVA - SEALSQ Corp (NASDAQ:LAES), a leader in semiconductor and post-quantum technology, has announced its intention to release its audited financial results for the year 2024 by March 21, 2025. According to InvestingPro data, the stock has shown remarkable volatility, with a 358% surge over the past six months despite recent pullbacks. The company has reported significant financial and strategic progress, including the elimination of all convertible debt and warrants, which is expected to enhance its investment appeal and financial flexibility. Based on InvestingPro’s Fair Value analysis, the stock appears to be trading above its fundamental value.
The company has also highlighted a robust sales pipeline valued at $93 million through to the end of 2028, with over 40 opportunities related to its TPM quantum-resistant technology. While current revenue stands at $20.14 million for the last twelve months, with analysts anticipating a sales decline in the near term, this reflects SEALSQ’s confidence in the increasing demand for its solutions in the face of a broader industry shift towards quantum-resistant technologies.
In a strategic move to bolster its semiconductor design capabilities, SEALSQ has entered into an exclusivity agreement to acquire IC™Alps, pending due diligence and government approval. This acquisition is aimed at enhancing SEALSQ’s technological capabilities and market reach.
SEALSQ has also launched the SEAL Quantum Roadmap, with plans to fully roll out its Quantum-as-a-Service platform in 2025, which is expected to facilitate the adoption of quantum computing. The company is focusing on collaborations with leading quantum computing firms to create a comprehensive security technology ecosystem.
The company’s efforts in advancing quantum-resistant security for AI and IoT are underscored by its collaboration with WISeSat.Space to develop a satellite-IoT connectivity ecosystem. SEALSQ’s quantum-resistant semiconductors are poised to secure AI-driven applications across various industries.
With a cash reserve of $85 million at year-end and a $5 million investment in research and development in 2024, SEALSQ is positioned for innovation, operational scalability, and global expansion. The company maintains a healthy current ratio of 3.58, indicating strong liquidity. InvestingPro subscribers have access to over 10 additional financial health indicators and exclusive insights about SEALSQ’s financial position. The company anticipates increased revenues from these innovations beginning in 2026.
Looking forward, SEALSQ aims to expand its international presence, secure key partnerships, scale production capacity, develop post-quantum ASICs, and strengthen its cybersecurity ecosystem. With analysts setting a consensus target price of $6 per share and the next earnings report scheduled for March 20, 2025, investors will be closely watching the company’s progress. The company remains committed to driving long-term value for its shareholders and securing the digital future with its semiconductor and quantum-resistant technologies.
This information is based on a press release statement from SEALSQ Corp.
In other recent news, SEALSQ Corp has announced a collaboration with WISeSat to deploy satellites equipped with post-quantum-ready security chips, with the first launch scheduled for June 2025. This initiative aims to enhance global IoT connectivity and cyber resilience across various industries. Additionally, SEALSQ Corp is in exclusive negotiations to acquire IC ALPS SAS, a French ASIC design firm, to expand its ASIC development capabilities. This proposed acquisition is expected to add approximately 100 skilled employees to SEALSQ’s workforce and bolster its position in the security IC industry. SEALSQ has also implemented its Post-Quantum Cryptography (PQC) technology in its data centers in Switzerland and France, aiming to enhance the security of digital assets against quantum threats. The company emphasizes the importance of quantum-resistant security measures, particularly in light of advancements in quantum computing by companies like Microsoft (NASDAQ:MSFT). SEALSQ’s ongoing collaboration with Microsoft highlights a shared commitment to improving digital security. These developments reflect SEALSQ’s strategic efforts to address evolving cybersecurity challenges and expand its technological capabilities.
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