Sealsq Corp (NASDAQ: LAES) stock surged over 7% in pre-market trading on Monday after the company announced progress in its quantum computing and AI initiatives, driven by its SEALQUANTUM investment strategy launched last month.
Under this new strategy, SEALSQ has pledged up to $20 million to fund startups specializing in quantum computing, Quantum-as-a-Service (QaaS), and AI-driven semiconductor technologies. This investment aims to fast-track its progress in these transformative areas.
So far, the company has finalized two investments as part of the SEALQUANTUM initiative, with plans to announce two more by the end of the second quarter of 2025. One of the current investments is in ColibriTD, a firm focused on Quantum-as-a-Service, which will aid SEALSQ in incorporating quantum computing into practical, real-world solutions.
In addition, Sealsq Corp (NASDAQ: LAES) is in exclusive talks to acquire IC’ALPS SAS, an ASIC design and supply specialist based in Grenoble, France.
CEO Carlos Moreira underscored the importance of these moves, saying,
“By investing in cutting-edge startups focused on quantum computing, QaaS, and AI-driven semiconductor technologies, we are fostering innovation, promoting unconventional thinking, and assisting entrepreneurs in finding creative solutions to complex challenges.”
SEALSQ is prioritizing advancements in quantum security, AI-powered chipsets, and post-quantum semiconductor technologies. With its SEALQUANTUM initiative, the company aims to tackle key cybersecurity and quantum computing challenges by backing AI-driven solutions and secure quantum frameworks.
Furthermore, SEALSQ invests in young European entrepreneurs working on cybersecurity, quantum sectors, and space technology to complement the WISeSat satellite constellation.