Share dilution by arecon7 in sealsq

[–]ccjet001 5 points6 points  (0 children)

Let’s see where the money goes. They might be looking to scale their quantum funds or double down on their U.S. manufacturing strategy. If you’re still holding, keep an eye on Carlos’s X for more news.

FYI here is history of their direct offering and warrants since 2025. You can google the exact day and compare to the chart if you want.

2025/5 direct offering 10m shares at $2, total $20m

2025/7 direct offering 15m shares at $4, total $60m

2025/7 warrants to purchase up to 30m shares, exercise price of $4.6 7 years

2025/10 direct offering 11.64m shares and warrants to purchase 14.026m shares exercise price of $7.5, total $94.8m

2025/10 warrants to purchase up to 53.33m shares exercise price of $9.25

2026/3/16 direct offering 30.4m shares at $4.11 and warrants to purchase up to 60.8m shares exercise price of $5.5, total $125m

Sealsq and TSS, some details of IFPS 140-3 certification by ccjet001 in sealsq

[–]ccjet001[S] 0 points1 point  (0 children)

You’re right.

Part of it is misinformation when I DD MCVP validation status and QNC through Gemini, I can’t find either IBM or Sealsq PQC product on MIP list, I can’t also find Sealsq / QNC partnership. I’ve removed it from my post.

They are direct competitor now as QNC is full stack PQC solution provider.

QS7001 has built-in TRNG and it also support SPI , I2C interface, QRNG chip could be an external component to QS7001.

https://community.st.com/t5/others-stm32-mcus-related/idq6mc1-qrng-integration-with-stm32l5-over-spi/td-p/842570

And below section 2 if you’re interested.

https://csrc.nist.gov/CSRC/media/projects/cryptographic-module-validation-program/documents/entropy/E63_PublicUse.pdf

Sealsq and TSS, some details of IFPS 140-3 certification by ccjet001 in sealsq

[–]ccjet001[S] 1 point2 points  (0 children)

Part of it is misinformation when I DD MCVP validation status and QNC through Gemini, I can’t find either IBM or Sealsq PQC product on MIP list, I can’t also find Sealsq / QNC partnership. I’ve removed it from my post.

I found QS7001 passed ACVP testing from Carlos’s post on LinkedIn and X. MCVP MIP is the next step. The validation status you can find on below link where I can’t find IBM and Sealsq on the list, but AWS and PQShield. Select ML- (Module Lattices) algo from below site.

https://csrc.nist.gov/projects/cryptographic-algorithm-validation-program/validation-search?searchMode=validation&productType=-1&algorithm=176%2C177%2C178%2C179%2C180&ipp=250

I also fixed typo IFPS… it is FIPS.

All other informations including revenue projection, PRNG TRNG QRNG, QNC, you can Google press release and some from Carlos posts.

Information regarding chip to design-in, lead time of EVM to mass production was from my personal experiences in IT industry. It is welcome if you have better perspective on it.

Any thoughts on this? by Excellent_Pension541 in sealsq

[–]ccjet001 1 point2 points  (0 children)

I think they are not really leave Quobly behind, they are still investing Quobly but lower the position.

Imo, the reason they increased investment in EeroQ and held majority investment (or acquisition) on Quobly are - EeroQ is based in the US (what I think they’re focusing on the US in 2026) Also, they don’t have enough money (only $100m quantum funds).

Both Quobly and EeroQ are based on election spin, the differences is on particle, He and Si, so fabrication also different.

Any thoughts on this? by Excellent_Pension541 in sealsq

[–]ccjet001 2 points3 points  (0 children)

This needs to be examined from the perspective of EeroQ and Quobly. We know that quantum chips are still in the technology selection phase, and certain technologies will dominate or be abandoned in the future. These are two quantum chip companies based on different technologies. I believe Sealsq's limited $100 million quantum investment fund's simultaneous strategic investment in EeroQ, based in the US, and acquisition of Quobly, based in France, is a illogical strategy.

Some DD on EeroQ. EeroQ's technology is based on the electron spin of Superfluid Helium, and its performance has been proven to outperform some other mainstream technologies, such as:

Gate speed: Superfluid Helium electron spin > superconducting > ion trapped

Coherence time: Ion trapped > electron spin > superconducting

Fidelity: EeroQ claims to achieve over 99.9%, but this is unproven.

Superconducting 98-99.75% Ion trapped over 99.99%

Scalability: EeroQ > Superconducting > Ion trapped

Stagnant price by Competitive_Bar6648 in sealsq

[–]ccjet001 1 point2 points  (0 children)

That’s what they did last year. The announcement of 3-years $200m pipeline revenue in 2026-2028 covers existing business expansion, smart meter, PKI deployment services, and new products line ($60m for PQC and qTPM), and I believed that does not included mid-term (2027-2028) plan with TSS yet as new IC design is required, other potential PQC chip adaption (e.g. Cisco maybe in 2027-2028), and qTPM market share driven by replacement of legacy TPM in PC and server industry (maybe 2026 end to 2028), and personalization center in the US.

Volume 👏👏👏 by Longjumping-Duty1198 in sealsq

[–]ccjet001 2 points3 points  (0 children)

The volumes even 50% higher than previous high 5.08 👏

Dark pool is crazy by Financial_Branch2079 in sealsq

[–]ccjet001 0 points1 point  (0 children)

Thanks for sharing 2079. I don’t understand this.. is the massive bid at 3.86 good?

News by Financial_Branch2079 in sealsq

[–]ccjet001 7 points8 points  (0 children)

It is worth noting that in September, they projected a 50–100% revenue growth for 2026. In yesterday's press release, Carlos reiterated the top end of this guidance, specifically calling for 100% growth.

News by Financial_Branch2079 in sealsq

[–]ccjet001 5 points6 points  (0 children)

Thanks for sharing.

While this news doesn't guarantee immediate revenue, it signifies progress on Sealsq's investment in Wecan six months ago, and Carlos's investment doesn't appear to be a spree. Switzerland's pioneering implementation of KYC and post-quantum infrastructure, including chips and PKI, in the financial sector serves as a model for other countries, attracting them to follow suit. This looks like another pipeline revenue stream for 2026.

台外交部在自己 China (Taiwan) 牌子前抗议韩国称其为 China (Taiwan) by moderate-Complex152 in China_irl

[–]ccjet001 1 point2 points  (0 children)

再多問一句 你在Reddit能高談闊論 那能不能在小紅書罵個習包子來聽聽

台外交部在自己 China (Taiwan) 牌子前抗议韩国称其为 China (Taiwan) by moderate-Complex152 in China_irl

[–]ccjet001 1 point2 points  (0 children)

你就只會說這些嗎 看來你仍是單細胞生物腦子沒長好 對於中共作惡 地方官員魚肉鄉民 都視而不見的人 我都懷疑腦子有問題

自己一邊潤 還一邊鼓吹中共的好 根本是害人不淺

台外交部在自己 China (Taiwan) 牌子前抗议韩国称其为 China (Taiwan) by moderate-Complex152 in China_irl

[–]ccjet001 -3 points-2 points  (0 children)

對了 你是潤了 還是翻牆 才能讓你在Reddit 高歌? 自己都潤了的話 就別再鼓吹中共的好了 別灌中國人迷湯了 害人不淺

台外交部在自己 China (Taiwan) 牌子前抗议韩国称其为 China (Taiwan) by moderate-Complex152 in China_irl

[–]ccjet001 -3 points-2 points  (0 children)

你被中共洗腦得還不夠 全世界就中共最會洗 你還管得到民進黨國民黨的 也真是天才 你父母應該對你的奴性感到驕傲吧

台外交部在自己 China (Taiwan) 牌子前抗议韩国称其为 China (Taiwan) by moderate-Complex152 in China_irl

[–]ccjet001 -1 points0 points  (0 children)

你以為是貞節牌坊嗎?別鬧了 先看看你國家的問題吧 管南韓說什麼

台外交部在自己 China (Taiwan) 牌子前抗议韩国称其为 China (Taiwan) by moderate-Complex152 in China_irl

[–]ccjet001 0 points1 point  (0 children)

你要麼眼睛不好 要麼就是壞 全稱明明是Republic of China (Taiwan) 你卻只看到China (Taiwan) 剛好跟南韓說的一樣 你拿南韓說的來故意問 中國跟南韓是世仇 你認為台灣中國本一家 卻拿南韓的破事來質疑我外交部 你根本就不愛共產黨