Core Insights - SEALSQ Corp reported a preliminary unaudited revenue of $18 million for FY 2025, reflecting a 66% year-on-year growth, driven by increased demand for traditional products and contributions from the acquisition of IC'ALPS [7] - The company has a strong financial position with cash reserves exceeding $425 million, which supports its global expansion and strategic investments [6][7] - SEALSQ's business pipeline has grown to over $200 million in potential opportunities from 2026 to 2028, indicating strong future growth prospects [5][7] Financial Performance - FY 2025 revenue reached $18 million, with $8 million generated in Q4 2025, compared to $4 million in Q4 2024 [7] - The company aims for FY 2026 revenue growth of 50% to 100% year-over-year, driven by a full year of revenue from IC'ALPS and new product launches [7] - Cash position as of December 31, 2025, was over $425 million, providing liquidity for innovation and expansion in post-quantum cryptography [7] Strategic Initiatives - SEALSQ made strategic investments totaling $30 million in companies like WeCan Group and IC'ALPS, enhancing its capabilities in chip design and secure hardware [6] - The acquisition of IC'ALPS for EUR 12.5 million has added approximately 90 engineers and expanded SEALSQ's presence in the European semiconductor market [6] - The company is focused on scaling production and accelerating R&D in post-quantum technologies to meet rising global demand [12][13] Product Development and Market Adoption - SEALSQ is advancing its smart meter and PKI solutions, which are expected to contribute significantly to revenue growth in 2026 through recurring contracts [8][14] - The QS7001 post-quantum secure chip is gaining traction with industry partners and technology OEMs, addressing the need for robust security against quantum computing threats [9][10] - The company has entered commercial discussions with up to 115 potential customers globally, indicating strong interest in its quantum-resistant products [10] Partnerships and Collaborations - SEALSQ has strengthened its collaboration network with industry consortia and integrators to accelerate the deployment of quantum-resistant products [10] - The company has extended its partnership with Landis+Gyr to enhance PKI services for smart metering devices, aligning with global energy regulations [14] - Strategic investments in companies like WISeSat AG and EeroQ are aimed at enhancing secure satellite communications and advancing quantum chip design [13]
SEALSQ Announces FY 2025 Preliminary Unaudited Key Operational and Financial Metrics