Business UpdateAug 13, 2026, 09:36 AM
SEALSQ H1 Revenue Doubles to $11M; Secures $5M Quobly Deal, GF Partnership
AI Summary
SEALSQ Corp issued a CEO Letter to Shareholders, highlighting a strong first half of 2026 with revenue more than doubling to $11 million, a 120% increase year-over-year. The company secured a significant $5 million commercial agreement with Quobly and formed a strategic partnership with GlobalFoundries. SEALSQ also reaffirmed its full-year 2026 revenue guidance of $27 million to $36 million, reflecting 50% to 100% growth, and reported a robust cash position of $485 million.
Key Highlights
- Secured a $5 million commercial agreement with Quobly for post-quantum security integration.
- Signed a strategic Memorandum of Understanding with GlobalFoundries for secure semiconductor platforms.
- Reported preliminary unaudited H1 2026 revenue of $11 million, a 120% year-over-year increase.
- Q2 2026 preliminary revenue was $7 million, showing sequential acceleration from Q1's $4 million.
- Reaffirmed full-year 2026 revenue guidance of $27 million to $36 million (50-100% growth).
- Cash and short-term investments stood at approximately $485 million as of June 30, 2026.
- Active pipeline exceeds $225 million in identified opportunities through 2029.
- Appointed Daniel Brau as Chief Quantum Officer to drive commercialization of quantum portfolio.
Price Impact
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