Core Insights - WISeKey International Holding Ltd. reported preliminary unaudited revenue of $10.6 million for the first nine months of 2025, reflecting a 39% year-on-year growth compared to $7.6 million in the same period last year [5][6] - The company reaffirmed its full-year 2025 revenue guidance, projecting revenue between $18 million and $21 million, which represents a year-on-year growth of 51% to 76% [5][6] - Looking ahead, WISeKey anticipates continued growth in 2026, with expected revenue growth of 50% to 100% compared to 2025, driven by new product launches and the full-year consolidation of IC'ALPS [6][10] Financial Metrics - The preliminary revenue for 9M 2025 was $10.6 million, up from $7.6 million in 9M 2024, marking a 39% increase [5][6] - The company has a strong cash position of $228 million as of October 10, 2025, providing liquidity for innovation and expansion [6] - The revenue guidance for FY 2025 is set between $18 million and $21 million, driven by demand for traditional semiconductor products and contributions from the IC'ALPS acquisition [6][10] Growth Catalysts - The upcoming launch of Quantum Shield QS7001™ and QVault™ TPM solutions in November 2025 is expected to drive growth [5][6] - The integration of IC'ALPS and the Quantix Edge Security project are key components of the growth strategy [6][10] - The company is focusing on expanding its Quantum Corridor initiative in regions like India, UAE, and Brazil to enhance post-quantum cryptography infrastructure [18][19] Strategic Initiatives - WISeKey's Convergence strategy integrates semiconductors, trust services, satellites, blockchain, and digital identity into a unified ecosystem [10] - The company is developing new quantum-resistant solutions to protect AI operations from quantum threats, leveraging its expertise in post-quantum cryptography [11][12] - Strategic partnerships and initiatives are aimed at reinforcing WISeKey's position in the global cybersecurity and digital trust ecosystem [7][9]

Core Insights - WISeKey International Holding Ltd. reported preliminary unaudited revenue of $10.6 million for the first nine months of 2025, reflecting a 39% year-on-year growth compared to $7.6 million in the same period last year [5][6] - The company reaffirmed its full-year 2025 revenue guidance, projecting revenue between $18 million and $21 million, which represents a year-on-year growth of 51% to 76% [5][6] - The CEO highlighted a strategic shift towards post-quantum technologies, with expectations for continued growth driven by new product launches and acquisitions [4][6] Financial Metrics - Preliminary unaudited revenue for 9M 2025 was $10.6 million, a 39% increase from $7.6 million in 9M 2024 [5][6] - The company maintains a strong cash position of $228 million as of October 10, 2025, providing liquidity for innovation and expansion [6] - FY 2025 revenue guidance is set between $18 million and $21 million, indicating a significant growth trajectory [5][6] Growth Outlook - The company anticipates a revenue surge of 50% to 100% for FY 2026 compared to FY 2025, driven by new product launches and full-year consolidation of IC'ALPS [6][5] - Upcoming product launches include Quantum Shield QS7001™ and QVault™ TPM solutions, scheduled for November 2025 [5][6] - The integration of new offerings and solutions is expected to enhance revenue streams and support global expansion [5][6] Strategic Initiatives - WISeKey is focused on building a resilient technology ecosystem through its Convergence strategy, integrating semiconductors, trust services, and digital identity [10][9] - The company is expanding its Quantum Corridor initiative with projects in India, UAE, and Brazil to enhance regional post-quantum cryptography infrastructure [18][19] - Strategic partnerships and technological advancements are aimed at reinforcing WISeKey's leadership in the global cybersecurity and digital trust ecosystem [7][9] Product Development - The company is developing post-quantum secure chips, including QS7001 and QVault™ TPM, targeting mission-critical sectors such as defense and IoT [20][15] - New solutions are being introduced to safeguard AI operations against quantum threats, leveraging expertise in post-quantum cryptography [11][12] - The WISeID platform is designed to secure digital identities and transactions, supporting emerging applications in smart home devices and digital identity services [17][22]

Core Insights - SEALSQ Corp focuses on developing and selling semiconductors, PKI, and post-quantum technology products, announcing preliminary financial metrics for the nine-month period ending September 30, 2025, and reaffirming its revenue guidance for FY 2025 and growth outlook for 2026 and beyond [1] Financial Metrics - Preliminary unaudited revenue for 9M 2025 is $9.9 million, reflecting a 41% year-on-year growth, with $5.1 million generated in Q3 2025 compared to $7.0 million in the same period last year [7] - Full-year revenue guidance for 2025 is projected between $17.5 million and $20.0 million, indicating a growth of 59% to 82% year-on-year [6][7] Operational Milestones - The third quarter of 2025 revenue surpassed total revenue for the first half of the year, with expectations for Q4 2025 revenues to be between $7.6 million and $10.1 million [4] - The acquisition of IC'ALPS in August 2025 contributed $1.3 million to revenue for the 9M 2025 period, enhancing SEALSQ's capabilities in custom chip and IP development [8] Growth Catalysts - The launch of Quantum Shield QS7001™ and QVault™ TPM solutions in 2026 is expected to drive growth, alongside the consolidation of IC'ALPS results and new partnerships [4][6] - The company anticipates continued revenue acceleration in 2026, with expected growth between 50% to 100% driven by new PQC chip launches and the Quantix Edge project [7] Strategic Initiatives - SEALSQ is advancing its Quantum Corridor initiative, expanding projects in India, UAE, and Brazil to strengthen regional PQC infrastructure [16][17] - The company is also developing post-quantum solutions for secure space communications through its investment in WISeSat.Space, which includes a constellation of 22 satellites [11][15] Market Positioning - SEALSQ's PQC chip portfolio is designed for critical sectors such as defense, IoT, and automotive, providing robust protection against emerging quantum threats [18][20] - The company is positioned as a leader in the post-quantum technology space, with a strong focus on compliance with national security standards and the development of quantum-resistant cryptography [10][19]

Core Insights - SEALSQ Corp is making significant advancements in developing quantum-resistant hardware security modules, positioning itself as a leader in the post-quantum technology space [2][4][8] Industry Context - The U.S. Government has mandated compliance with quantum-resistant cryptography for National Security Systems by January 1, 2027, highlighting the urgency for organizations to adopt post-quantum cryptography [3] - The National Institute of Standards and Technology (NIST) has finalized the first post-quantum cryptography standards, which will form the foundation for secure infrastructures in the future [3] Company Positioning - SEALSQ is on track to deliver the first post-quantum cryptography-capable Trusted Platform Module (TPM) samples, integrating advanced algorithms directly into the chip's design for enhanced security and efficiency [4][5] - Unlike competitors, SEALSQ's QVault TPM will provide full post-quantum cryptography capabilities across all functions, ensuring faster and more secure cryptographic operations [5] Applications and Use Cases - Trusted Platform Modules are essential for modern security architectures, supporting secure boot processes, cryptographic key storage, and device authentication, with applications in various critical industries [6] - The introduction of quantum-resistant TPMs will extend the use cases of TPMs, safeguarding sensitive infrastructures and digital identities against future quantum threats [6] Leadership Perspective - The CEO of SEALSQ emphasized the importance of providing trusted hardware that meets current and future security standards, indicating a proactive approach to the challenges posed by quantum computing [7]