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SEALSQ Updates on 2024 Strategic Initiatives and Major Milestones
LAESSEALSQ p(LAES) GlobeNewswire News Room·2024-07-25 13:29

Despite Temporarily Slowdown in H1 2024, Expects a Stronger H2 and Return to Growth in 2025 Financial Highlights and Business Pipeline The Company anticipates a stronger H2 2024 and a return to growth in 2025, as it expects supply chain issues and inventory issues to be resolved thus the demand from legacy customers to return to pre-shortage levels. Additionally, as reported in the Company's H1 update, SEALSQ's robust new business pipeline is valued at $71 million, reflective of new customers awaiting the C ...