Streetbeat News

LAES

SEALSQ Corp

https://www.sealsq.com

Industry

Semiconductors

SEALSQ Corp develops and sells semiconductor chips for private and public sectors. The company offers semiconductors and smart card reader chips; identity provisioning services; and managed PKI for IoT solutions. It serves consumer electronics, aerospace and military, satellite and telecommunications, smart energy and smart building, smart industries, logistics, medical, and consumer industries. SEALSQ Corp was incorporated in 2022 and is based in Cointrin, Switzerland. SEALSQ Corp is a subsidiary of WISeKey International Holding AG.

Open

0.44

Mkt cap

14M

Volume

786K

High

0.44

P/E Ratio

-0.73

52-wk high

3.95

Low

0.38

Div yield

N/A

52-wk low

0.29

Shares of companies within the broader tech sector are trading lower amid concerns over the US economy.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 3:34 pm

SEALSQ has appointed Katsu Miyahata as the Sales Director and Representative Director for Japan. Miyahata will lead the expansion of IoT security and brand enhancement operations in the region.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 12:09 pm

SEALSQ has announced the launch of quantum-resistant secure chips and new partnerships for chip design centers. Despite a slowdown in the first half of 2024, the company expects a stronger second half and significant growth in 2025, with a $71 million new business pipeline.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 1:30 pm

SEALSQ is pioneering next-generation post-quantum secure semiconductors, designed in Europe and manufactured in Singapore. Their diversified manufacturing strategy aims to enhance supply chain stability and business resilience.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 12:57 pm

SEALSQ Corp (NASDAQ: LAES) reports a new business pipeline of $71M and a cash position of $19M as of June 30, 2024. Preliminary unaudited revenue for H1 2024 is $5M, reflecting a slowdown in traditional semiconductor demand. The company anticipates a stronger H2 2024 and a return to growth in 2025.

Portfolio Pulse from Benzinga Newsdesk

July 03, 2024 | 12:49 pm

WISeKey International Holding Ltd. (NASDAQ: WKEY) is establishing a new subsidiary, SEALCOIN AG, to house its SEALCOIN project. The incorporation is expected to be completed in early July 2024. The Hashgraph Association will be a strategic investor in the subsidiary.

Portfolio Pulse from Benzinga Newsdesk

July 02, 2024 | 5:16 pm

WISeKey's subsidiary WISeSat.Space is set to launch blockchain nodes with SpaceX to enhance satellite operations. This project aims to improve logistics, insurance, government regulations, and data security in the satellite industry by integrating blockchain technology. The initiative promises to bring transparency, trust, and efficiency to satellite operations, making them more reliable and cost-effective.

Portfolio Pulse from Benzinga Newsdesk

July 02, 2024 | 7:19 am

SEALSQ Corp and WISeKey International Holding are collaborating on a new decentralized technology project named 'SEALCOIN' under a new Swiss company. The project aims to facilitate secure and efficient decentralized transactions globally.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 8:23 pm

WISeKey's subsidiary WISeSat.Space is set to launch new satellites for IoT and climate monitoring, partnering with the Swiss Army and expanding its satellite constellation. The company plans to launch a new generation of satellites in Q4 2024, install a satellite antenna in Switzerland, and develop a European-based neutral satellite constellation. SEALSQ Corp. technology will be integrated into the upgraded satellites.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 7:02 am

WISeKey and SEALSQ have signed an agreement with ODIN Solutions and TProtege to create a joint venture named QUANTIX EDGE SECURITY. This collaboration aims to enhance security solutions.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 12:44 pm

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