LAESV Stock Price, News & Analysis

SEALSQ Corp (NASDAQ: LAES), a semiconductor and post-quantum technology company, held its 2025 Annual General Meeting in NYC on May 19, 2025. Shareholders approved all proposed resolutions, including the re-election of seven existing board members for one-year terms until the 2026 AGM. The board consists of five non-executive and two executive directors. Additionally, shareholders approved the election of Hossein Rahnama as a new non-executive director. During the AGM, management presented a comprehensive overview of SEALSQ's performance since its listing, covering financial metrics, strategic initiatives, and growth prospects. Shareholders of record as of April 25, 2025, were eligible to vote either in person or through electronic/written instructions.

SEALSQ (NASDAQ: LAES) has announced plans to invest $10 million in WISeSat.Space AG, joining WISeKey as a strategic investor in the WISeSat satellite constellation. The investment aims to build the world's first quantum-resilient satellite network for secure communications and transactional IoT services. The June 2025 mission will demonstrate SEALCOIN's capabilities for decentralized transactions between satellites and IoT devices, powered by Hedera's DLT. WISeSat plans multiple satellite deployments in 2025, including WISeSat 2.1 in Q4 2025, which will feature SEALSQ's WISeKey Quantum RootKey for space-based Quantum Key Distribution. The initiative targets the quantum communication market, which reached $1 billion in 2024 and is projected to grow at a 31.8% CAGR from 2025-2030. The project introduces a "Satellite-as-a-Service" revenue model for secure IoT communications across industries like logistics, smart cities, energy, and defense.

SEALSQ Corp (NASDAQ: LAES) successfully concluded its French Quantum and Space Day event on May 13, 2025, near Marseille, gathering over 200 global experts to discuss quantum technologies and post-quantum cybersecurity. The two-day event featured keynote speeches from notable figures including Dr. Dava Newman, Director of MIT Media Lab, and industry leaders from Google and ColibriTD.

The event comprised a Strategic Partner Summit and Public Quantum and Space Conference, featuring roundtable discussions on quantum threats and space security. SEALSQ demonstrated its Quantum-Resistant IoT Certificate Generation Platform, showcasing practical solutions for protecting devices and networks against future quantum attacks.

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SEALSQ Corp (NASDAQ: LAES) has announced the upcoming launch of WISeSat 2.1 in June 2025, marking the world's first space-based Quantum Key Distribution (QKD) Proof-of-Concept. The satellite will embed SEALSQ's WISeKey Quantum RootKey, a hardware-based root-of-trust technology designed to protect against quantum decryption attacks.

The technology leverages NIST-recommended post-quantum algorithms (CRYSTALS-Kyber and CRYSTALS-Dilithium) to enable secure authentication, encryption, and data integrity. Key applications include secure command authentication, protection of sensitive data transmission, cryptographic key distribution for critical infrastructure, and trusted onboarding of IoT devices globally.

WISeSat 2.1 aims to strengthen Europe's sovereignty in space-based communications by providing quantum-resistant satellite security infrastructure, particularly crucial amid growing cybersecurity concerns.

SEALSQ Corp (NASDAQ: LAES) has announced that its QVault Trusted Platform Module (TPM) now supports ML-DSA-87 and ML-KEM-1024, the highest-security parameter sets of NIST-standardized post-quantum cryptography algorithms. The QVault TPM, certified to FIPS 140-2/3 and Common Criteria EAL5+, integrates these advanced algorithms to provide quantum-resistant security for defense, IoT, and automotive applications. Key features include:

• ML-DSA-87 offers AES-256 equivalent security with 1,952-byte public key size
• ML-KEM-1024 provides robust key exchange with 1,568-byte public key and ciphertext sizes
• Applications span secure firmware signing, IoT device authentication, and V2X communications

This development positions SEALSQ as a leader in quantum-resistant security solutions, addressing growing concerns about quantum computing threats to traditional encryption methods.

SEALSQ Corp (NASDAQ: LAES) has strengthened its position in cybersecurity solutions for drones and satellite telecommunications through key partnerships and technological advancements. The company has partnered with Parrot and AgEagle to integrate its NIST FIPS 140-2 Level 3 certified secure elements into their drone systems. SEALSQ's technology is being used in Parrot's ANAFI series and AgEagle's eBee VISION UAS for defense and surveillance operations.

The company plans to launch its Quantum-Resistant Secure Chips portfolio in 2025, featuring the QS7001 Platform and QVault TPM. Through WISeSat AG, SEALSQ is developing a picosatellite constellation for secure IoT connectivity, with the next launch scheduled for June 2025 with SpaceX. The company has announced a $93 million pipeline over the next three years and is expanding its chip design centers in Spain and the United States.

[ "Strategic partnerships with Parrot and AgEagle position SEALSQ in the growing UAV market projected to reach $38 billion by 2027", "Integration of NIST FIPS 140-2 Level 3 certified secure elements in major drone platforms", "Strong pipeline of $93 million over the next three years", "Expansion of chip design centers in Spain and United States with government incentive support", "Planned launch of Quantum-Resistant Secure Chips portfolio in 2025" ]

SEALSQ Corp (NASDAQ: LAES) has announced a registered direct offering of 10 million ordinary shares at $2.00 per share, aiming to raise $20.0 million in gross proceeds. The offering is expected to close around May 6, 2025, with Maxim Group LLC serving as the sole placement agent.

The company plans to use the proceeds to fund its strategic investment in the Quantix EdgeS joint venture, support the acquisition of IC ALPS, and continue deploying its next-generation post-quantum semiconductor technology and ASIC capabilities in the United States. The offering is being made through an effective shelf registration statement on Form F-3.

SEALSQ Corp (NASDAQ: LAES) has announced that its VaultIC 408 Secure Microcontroller has successfully met FIPS 140-3 Security Level 3 requirements, as verified by UL Labs. The VaultIC 408 is a secure microcontroller designed for IoT and Smart Grid applications, featuring hardware-based encryption, authentication, and key management within a tamper-resistant secure element. The device is already deployed in various applications, including smart grid hubs for the UK's Smart Metering Implementation Programme, smart locks, drones, and satellite IoT platforms. This achievement positions SEALSQ strongly in the IoT market projected to reach $1.1 trillion by 2030 and the Smart Grid market growing at 20.8% CAGR through 2032. Final NIST CMVP certification is expected in the coming months.

SEALSQ, a NASDAQ-listed company (LAES) specializing in Semiconductors, PKI, and Post-Quantum technology, has announced its 2025 Annual General Meeting scheduled for May 19, 2025, at 9:00 AM EST in New York.

The Board recommends the re-election of seven current board members, including five non-executive directors, for one-year terms. Additionally, they propose adding Hossein Rahnama as a new non-executive director. The current board includes:

• Ruma Bose (non-executive)
• Cristina Dolan (non-executive)
• David Fergusson (non-executive)
• Joao Carlos Creus Moreira (executive)
• John O'Hara (executive)
• Eric Pellaton (non-executive)
• Peter Ward (non-executive)

Shareholders of record as of April 25, 2025, can attend in person or vote electronically. The meeting will cover financial performance, strategic initiatives, and future outlook.