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.
For further insights into LAES stock, check out TipRanks’ Stock Analysis page.