SEALSQ is undervalued, with a forward EV/Sales ratio of ~4x for 2027 and strong growth prospects. Recent acquisitions, including Miraex and IC'Alps, strategically strengthen LAES's supply chain and position in quantum and medtech sectors. The backlog for 2026-2028 stands at $200 million, supporting revenue projections of $50 million–$70 million by 2027 and the potential for upward estimate revisions.
SEALSQ Corp (NASDAQ:LAES) has joined STMicroelectronics, Isalt and BPI France as a lead investor in a €130 million Series A financing round for Quobly, a developer of silicon-based quantum processors. The investment, made through SEALSQ's Quantum Fund, supports Quobly's industrialization of its FD-SOI quantum processors and the deployment of its first commercial systems.
SEALSQ Corp (LAES) Q4 2025 Earnings Call Transcript
| Semiconductors & Semiconductor Equipment Industry | Information Technology Sector | Carlos Creus Moreira CEO | XFRA Exchange | VGG794831062 ISIN |
| CH Country | 185 Employees | - Last Dividend | - Last Split | - IPO Date |
SEALSQ Corp, a forward-thinking player in the semiconductor industry, was established in 2022 and operates from Cointrin, Switzerland. As a subsidiary of WISeKey International Holding AG, the company specializes in the development and sale of semiconductor chips tailored for both the private and public sectors. By catering to a wide range of industries including consumer electronics, aerospace and military, satellite and telecommunications, smart energy and smart building, smart industries, logistics, medical, and consumer sectors, SEALSQ Corp has positioned itself as a key provider of cutting-edge solutions. Its strategic location in Switzerland and backing by a reputable parent company underline its potential to influence the semiconductor industry significantly.
At the core of its product line, SEALSQ Corp offers advanced semiconductors and smart card reader chips designed for high-security applications. These components are foundational to the development of secure, reliable consumer electronics and smart devices, catering to the growing needs of digital security in various fields.
Understanding the critical role of identity security, SEALSQ Corp provides comprehensive identity provisioning services. These services are crucial for securing and managing digital identities across industries, particularly in sectors requiring stringent security measures such as military and aerospace, ensuring authentication and authorization integrity.
To bolster the security of the ever-expanding Internet of Things (IoT), SEALSQ Corp offers managed Public Key Infrastructure (PKI) services tailored for IoT solutions. This service ensures secure communication between IoT devices and networks, providing a robust framework for protecting device identities and data integrity in smart industries, energy, buildings, and medical applications.