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0.000176470588235275 0.0176470588235293 0.0176470588235293 0.0235294117647058 0.0411764705882352 0.0117647058823528 0.0351764705882352 0.0410588235294117
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SEALSQ Corp Announces 2023 Fiscal Year Results

SEALSQ Corp - Ordinary Shares (LAES) 
Company Research Source: GlobeNewswire
Geneva, Switzerland, March 21, 2024 (GLOBE NEWSWIRE) -- Schedules Conference Call and Webcast for Friday, March 22 at 9:00am ET (2:00 pm CET) Reports 29% increase in revenue and 43% higher gross profit, as compared to FY 2022.Ends the year with a strong cash position of $6.9 million. Continues to tap into new revenue streams through increased investments in next generation post-quantum technologies. Aims to launch these groundbreaking products by late 2025 or early 2026.SEALCOIN, expected to launch in Q2 2024, is expected to be transformational in the Machine-to-Machine (M2M) economy.Implementation of QUASARS project is paving the way for the Post Quantum Cryptography era.Continues geographic expansion: currently in negotiations to establish three new OSAT (Open Semiconductor Assembly and Test) centers in Spain, the USA, and Saudi Arabia.Driving change: while 2024 is expected to be a transitional year, it's just the beginning of a journey towards leading the next wave of semico Show less Read more
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