Sealsq Corp
NASDAQ:LAES
Sealsq Corp
Sealsq Corp is a CH-based company operating in industry. The company is headquartered in Cointrin, Geneve. The company went IPO on 2023-05-19. Sealsq Corp is a Switzerland based holding company operating primarily in the semiconductor industry. The firm focuses on developing and selling tamper resistant semiconductors, chips, processors and Post-Quantum technology products. The firm also develops certified secure microcontrollers and implement post-quantum cryptography also secure hardware, firmware, and provides other services for customers across multiple industries. The Company’s products are applicable in consumer electronics, aerospace & military, telecommunications, energy and building, logistics, and medical sectors. The firm offers its solutions across the globe: USA, Canada, Europe, Middle East, Asia and Australia.
Sealsq Corp is a CH-based company operating in industry. The company is headquartered in Cointrin, Geneve. The company went IPO on 2023-05-19. Sealsq Corp is a Switzerland based holding company operating primarily in the semiconductor industry. The firm focuses on developing and selling tamper resistant semiconductors, chips, processors and Post-Quantum technology products. The firm also develops certified secure microcontrollers and implement post-quantum cryptography also secure hardware, firmware, and provides other services for customers across multiple industries. The Company’s products are applicable in consumer electronics, aerospace & military, telecommunications, energy and building, logistics, and medical sectors. The firm offers its solutions across the globe: USA, Canada, Europe, Middle East, Asia and Australia.
Revenue Growth Outlook: SEALSQ expects 2025 revenue of $17.5–20 million, representing growth of 59% to 82% year-over-year, driven by demand for quantum-resistant security solutions and a recent acquisition.
First Half Performance: First half 2025 revenue was $4.8 million, flat versus last year and in line with expectations as the company transitions to new post-quantum products.
Gross Margin Expansion: Gross profit margin rose sharply to 34% from 19% last year, with management targeting 45–50% margins as scale and new products ramp.
Strong Cash Position: Cash reserves increased to $121 million at June 30 and $150 million by September 9, providing funding for growth and potential acquisitions.
Strategic Investments: Major milestones included the IC'ALPS acquisition, a new chip facility in Spain, expansion of a quantum-ready satellite constellation, and a $35 million Quantum Investment Fund.
Product Pipeline: The pipeline totals $170 million in opportunities for 2026–2028, reflecting growing demand for post-quantum and secure semiconductor solutions.
Investor Message: Management emphasized that 2025 is a transitional year, with major revenue acceleration expected in 2026 as new quantum-resistant products launch.
