Core Insights - Sealsq Corp. (NASDAQ:LAES) experienced a significant share price increase of 18.57% week-on-week, driven by the appointment of a new executive to lead its artificial intelligence initiatives [1][4]. Company Developments - The company appointed Ballester Lafuente as the new chief of staff and Group AI officer, tasked with integrating artificial intelligence into various business sectors to enhance operational efficiency and innovation [2]. - Lafuente previously held the position of Head of IT Innovation at the International Institute for Management Development, where he focused on technology innovation strategy and AI platforms [3]. Financial Outlook - Sealsq reaffirmed its revenue growth guidance for full-year 2025, projecting revenues between $17.5 million and $20 million, which represents an implied growth of 59% to 82% compared to the previous year [4]. - For the upcoming year, the company aims for revenue growth of 50% to 100%, driven by the impact of newly launched post-quantum chips, the completion of its consolidation with IC'ALPS, and increased revenues from Quantix Edge [4].
Sealsq (LAES) Soars 18% on New Exec to Lead AI Efforts