SEALSQ Updates on 2024 Strategic Initiatives and Major Milestones

The new business pipeline is expected to positively impact revenues as early as Q2 2025. In addition to its solid cash position, the Company has converted the entire first tranche and 90% of the second tranche of the Convertible Loan Notes issued in 2023, and reduced debt to related parties by $5 million during H1 2024. Overall, SEALSQ remains well-positioned to pursue long-term value for shareholders. 1. Quantum-Resistant Semiconductor Sales: With the growing demand for secure IoT devices, SEALSQ's post-qu ...