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GENEVA - SEALSQ Corp (NASDAQ: LAES), a technology company with a market capitalization of $483 million and an impressive 292% return over the past year according to InvestingPro data, has approved a $10 million strategic investment in WISeSat.Space AG, acquiring a 9% equity stake based on a $115 million pre-money valuation, according to a company press release.
The investment aims to accelerate the deployment of a secure, quantum-ready satellite constellation. SEALSQ, which maintains a strong financial position with more cash than debt and a healthy current ratio of 6.0, joins its parent company WISeKey International Holding Ltd (SIX: WIHN; NASDAQ: WKEY) in backing WISeSat’s expansion plans. For detailed analysis and additional insights, investors can access the comprehensive Pro Research Report available on InvestingPro.
WISeSat is preparing to launch its WISeSat 3.0 satellite during the last week of June 2025 from California. The company describes this as a post-quantum-ready satellite capable of quantum-secure communications from space and machine-to-machine transactions powered by SEALCOIN.
The satellite company is also expanding its launch operations through partnerships with PLD Space in Spain and SkyRoot Aerospace in India to increase its global launch capabilities.
The upcoming WISeSat 3.0 launch will include a demonstration of SEALCOIN’s capabilities for autonomous, decentralized satellite-to-IoT device transactions, which the company states will form the foundation for a Satellite-as-a-Service (SataaS) business model.
SEALSQ specializes in developing semiconductors, PKI technology, and post-quantum hardware and software products. The company stated that this investment aligns with its goal of building a quantum-resilient satellite network for secure communications and IoT services.
The global quantum communication market was valued at over $1 billion in 2024 and is projected to grow at a CAGR of 31.8% from 2025 to 2030, according to data cited in the press release. While SEALSQ’s revenue stood at $11 million in the last twelve months, InvestingPro analysis suggests significant growth potential, with analysts forecasting 29% revenue growth for fiscal year 2025.
In other recent news, SEALSQ Corp has renewed its ISO 9001:2015 and ISO 14001:2015 certifications with zero non-conformities, underscoring its commitment to quality and environmental management. Additionally, SEALSQ announced a partnership with Landis+Gyr to provide 30 million digital certificates for smart meters in the Asia Pacific region, enhancing security for these devices. In collaboration with its parent company, WISeKey, SEALSQ unveiled a new security solution for autonomous robots using post-quantum semiconductor technology. This development aims to secure robot identities and communications against future quantum computing threats. Furthermore, WISeKey has scheduled the launch of its WISeSat 3.0 satellite for June 2025, incorporating SEALSQ’s Quantum RootKey technology to ensure quantum-safe communications. SEALSQ has also committed $10 million to the WISeSat satellite constellation project, contingent on board approval, to support the deployment of quantum-resistant communication capabilities by 2027. This initiative is part of a broader effort to develop robust, quantum-ready space systems. These recent developments highlight SEALSQ’s active role in advancing quantum-resistant technologies and securing digital infrastructure.
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