SEALSQ Corp (LAES) has released an update.
SEALSQ Corp has reported a robust 29% increase in revenue and a 43% rise in gross profit for FY 2023, alongside a strategic investment in post-quantum technology with products expected by late 2025. The company ended the year with a strong cash position and is expanding globally, with plans to set up new semiconductor centers in Spain, the USA, and Saudi Arabia. SEALSQ is also set to launch SEALCOIN in Q2 2024, anticipated to significantly impact the Machine-to-Machine economy.
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