Core Viewpoint - WISeKey's subsidiary SEALSQ has entered into a non-binding Memorandum of Understanding for a potential strategic investment and acquisition of Quobly, a pioneer in quantum microelectronics, aiming for an initial minority investment and a subsequent majority stake acquisition [1][3]. Group 1: Transaction Details - The proposed transaction involves a total investment of approximately $200 million by SEALSQ for a majority stake in Quobly [3]. - The negotiations are exclusive and will lead to a multi-stage transaction, contingent upon the completion of due diligence and regulatory approvals [2][3]. Group 2: Strategic Importance - This transaction aligns with SEALSQ's Quantum strategy and is supported by its dedicated Quantum Fund, which aims to promote secure and industrial-scale quantum technologies in Europe [3]. - The collaboration between SEALSQ and Quobly, initiated in November 2025, is expected to enhance their joint leadership in trustworthy quantum computing and expand their market presence in the EU and US [4]. Group 3: Technological Synergy - SEALSQ and Quobly plan to create a reference platform for secure quantum computing, integrating quantum-resistant security into future infrastructures for critical sectors such as defense, finance, and pharmaceuticals [5]. - Quobly's technology, which is CMOS-compatible, combined with SEALSQ's post-quantum security capabilities, aims to establish a trusted and sovereign quantum system for Europe [6]. Group 4: Company Background - Quobly, founded in 2022 in Grenoble, France, specializes in silicon-based quantum chips and has raised significant funding, including €19 million in 2023 and €21 million in 2025 for its Q100T program [7][9]. - The company has a strategic partnership with STMicroelectronics to accelerate the industrialization of its quantum chips, leveraging over 15 years of collaborative research [8].