SEALSQ Corp (LAES) has released an update.
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SEALSQ Corp, a leader in semiconductor and post-quantum technology, forecasts a rebound in growth for the second half of 2024 and into 2025, buoyed by a strong new business pipeline and strategic initiatives, including the launch of quantum-resistant secure chips. The company is well-capitalized, with a $19 million cash reserve to sustain development of innovative products like the QUASARS Post-Quantum chip. SEALSQ is also expanding its global footprint with strategic partnerships and initiatives to establish semiconductor personalization centers in the US, Middle East, and Far East.
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