Earnings ·
SEALSQ Corp issued a CEO letter detailing first-half 2026 preliminary unaudited revenue of approximately $11 million…
LAESSEALSQ Corp
SEALSQ Corp issued a CEO letter detailing first-half 2026 preliminary unaudited revenue of approximately $11 million, doubling the prior year's $5 million and indicating strong sequential growth with Q2 revenue at $7 million. The company reaffirmed its full-year 2026 guidance for 50% to 100% revenue growth over FY 2025’s $18.3 million, implying a target range of $27 million to $36 million. SEALSQ reported cash and short-term investments of approximately $485 million as of June 30, 2026, supported by a March registered direct offering. Key developments include a strategic partnership with GlobalFoundries for post-quantum cryptography co-development, a $5 million commercial agreement with Quobly to integrate SEALSQ technologies into quantum computing platforms, and the appointment of Daniel Brau as Chief Quantum Officer following the acquisition of Miraex SA. The company also highlighted an active pipeline exceeding $225 million in identified opportunities through 2029. SEALSQ operates in the semiconductor and cybersecurity industry, specializing in post-quantum technology hardware and software solutions.