Core Insights - SEALSQ Corp has entered into a non-binding Memorandum of Understanding for exclusive negotiations to invest in Quobly SAS, a French technology company specializing in silicon-based quantum computers, with the potential to acquire a majority stake [2][4][5]. Group 1: Transaction Details - The proposed transaction involves an initial minority investment followed by a potential majority stake acquisition, contingent upon definitive agreements and due diligence [2][3]. - SEALSQ plans to invest approximately $200 million in Quobly if the transaction is completed [4]. Group 2: Strategic Importance - This transaction aligns with SEALSQ's Quantum strategy and is supported by its dedicated Quantum Fund aimed at advancing secure quantum technologies in Europe [4][5]. - The collaboration between SEALSQ and Quobly, initiated in November 2025, aims to enhance market expansion in the EU and US and establish leadership in trustworthy quantum computing [5][6]. Group 3: Company Background - Quobly, founded in 2022, focuses on developing silicon-based quantum chips and has a strategic partnership with STMicroelectronics to industrialize its technology [8][9]. - The company has raised significant funding, including €19 million in 2023 and €21 million in 2025, to support its Q100T program, which is crucial for achieving fault-tolerant quantum computing [9].
SEALSQ Announces Entry into a Memorandum of Understanding Regarding a Potential Strategic Investment and Acquisition of Quantum Computing Firm Quobly