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SEALSQ Issues CEO Letter to Shareholders
LAESSEALSQ p(LAES) GlobeNewswire·2025-03-04 14:16

Core Insights - SEALSQ Corp has made significant advancements in its financial and strategic positioning, eliminating all convertible debt and enhancing its balance sheet for sustained growth [3][5] - The company has a robust sales opportunities pipeline valued at 93million,indicatingstrongdemandforitssemiconductorandpostquantumsecuritysolutions[6][7]SEALSQhasenteredintoanexclusivityagreementtoacquireICAlps,whichwillenhanceitssemiconductordesigncapabilities[8][9]ThelaunchoftheSEALQuantumRoadmapmarksapivotalsteptowardsnextgenerationpostquantumplatformsandsemiconductors[10]SEALSQhasbuiltacashreserveexceeding93 million, indicating strong demand for its semiconductor and post-quantum security solutions [6][7] - SEALSQ has entered into an exclusivity agreement to acquire IC'Alps, which will enhance its semiconductor design capabilities [8][9] - The launch of the SEAL Quantum Roadmap marks a pivotal step towards next-generation post-quantum platforms and semiconductors [10] - SEALSQ has built a cash reserve exceeding 90 million, providing a strong foundation for future innovation and expansion [13] Financial Performance - SEALSQ will release its audited 2024 financial results by March 21, 2025, offering a comprehensive overview of its financial performance and strategic outlook [4] - The company invested $5 million in research and development in 2024, with anticipated revenue increases from these innovations starting in 2026 [14] Strategic Initiatives - The acquisition of IC'Alps is aimed at enhancing SEALSQ's capabilities in ASIC design, aligning with its vision of leading semiconductor innovation [8][9] - The SEAL Quantum-as-a-Service platform is expected to roll out in 2025, facilitating the adoption of quantum computing technologies [11] - SEALSQ is focusing on advancing quantum-resistant security solutions for AI and IoT applications, addressing critical industries such as healthcare and finance [12][18] Market Positioning - SEALSQ is strategically positioned to capitalize on the growing demand for quantum-resistant technologies, with over 40 opportunities related to its TPM quantum-resistant technology [7] - The company aims to expand its international footprint, secure key partnerships, and scale production capacity to strengthen its market presence [17]