Financial PositionLAES ended 2024 with ~$85M in cash, significantly improving from $18.9M earlier, and eliminated ~$10M in convertible debt, indicating a strong financial position.
Future Market PotentialLAES is expected to enter the post-quantum security market, which justifies a higher valuation multiple as the space is advancing rapidly.
Strategic AcquisitionLAES signed a strategic agreement to acquire a 30% stake in WeCanGroup, which follows a plan to allocate up to $20M for acquisitions.