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

SEALSQ Corp (NASDAQ:LAES) announces the launch of SEALCOIN, a Hybrid Payment & Utility Token, expected in Q4 2024. SEALCOIN aims to enable seamless data and currency exchanges across billions of internet-connected devices. The platform will introduce a Machine-to-Machine (M2M) Proof of Concept in mid-July 2024, showcasing its capabilities for Service vs Payment transactions. Following the platform's launch, SEALCOIN will be issued and proposed for listing on a digital exchange. This initiative marks a significant step in secured peer-to-peer transactions in both physical and digital realms.

Portfolio Pulse from Benzinga Newsdesk

April 05, 2024 | 12:47 pm

SEALSQ Corp (NASDAQ:LAES) has been selected by D-Link to provide Node Attestation Certificates for D-Link's Matter-compliant IoT Gateways. This partnership aims to enhance the security and interoperability of smart home devices, aligning with the Matter standard for the smart home industry. SEALSQ's INeS platform will offer features like faster connection to a Matter ecosystem and flexible certificate management, contributing to a safer connected world.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 12:06 pm

SEALSQ has announced the establishment of SEALSQ USA in Arizona, with plans to create an OSAT (Outsourced Semiconductor Assembly and Test) center operational by the end of 2025. This move signifies SEALSQ's expansion into the U.S. market and its commitment to enhancing its semiconductor manufacturing capabilities.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 1:30 pm

Several Information Technology stocks showed significant movement in Monday's intraday session. Notable gainers include Intellicheck, Cleanspark, Research Frontiers, MicroStrategy, BTCS, and Astera Labs, with Intellicheck and BTCS releasing their Q4 earnings recently. Astera Labs also released its Q2 earnings. On the downside, Aehr Test Systems, Rubicon Technologies, Formula Systems, Aurora Mobile, SEALSQ, and MMTEC experienced declines, with Formula Systems' Q4 earnings report impacting its stock.

Portfolio Pulse from Benzinga Insights

March 25, 2024 | 5:30 pm

SEALSQ (NASDAQ:LAES) reported a 29.57% increase in quarterly sales, reaching $30.06 million up from $23.2 million in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 9:44 pm

Tech sector stocks are trading lower due to worse-than-expected February inflation data, affecting a wide range of companies.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 7:46 pm

SEALSQ has launched a new service named SEALDATA, aimed at enhancing data management and security for businesses. While the article also mentions LAES, the focus is primarily on SEALSQ's new offering.

Portfolio Pulse from Benzinga Newsdesk

March 13, 2024 | 1:22 pm

SEALSQ announced a significant upgrade to its crypto wallet security features, aiming to enhance user protection against cyber threats. This move is expected to bolster confidence among its users and potentially attract new customers looking for secure crypto transaction solutions. Although LAES is mentioned, the focus remains on SEALSQ's advancements.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 2:27 pm

SEALSQ Corp (NASDAQ:LAES), specializing in Semiconductors, PKI, and Post-Quantum technology, reiterates its 2023 revenue guidance of $30M, marking a 29% YoY growth. The 2024 AGM is scheduled for April 1, 2024, at Nasdaq MarketSite.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 7:45 am

SEALSQ has entered into a partnership with VESTEL to enhance the security of VESTEL's electric vehicle (EV) 'Plug & Charge' stations. This collaboration aims to leverage SEALSQ's expertise in security solutions to ensure the safety and reliability of charging infrastructure as the demand for EVs continues to grow.

Portfolio Pulse from Benzinga Newsdesk

February 23, 2024 | 2:02 pm

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