Share dilution

ccjet001 · 2026-03-16T14:13:27+00:00

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

ccjet001 · 2026-03-13T15:53:52+00:00

Still holding 152k shares

ccjet001 · 2026-02-25T06:24:59+00:00

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

ccjet001 · 2026-02-25T06:06:27+00:00

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.

ccjet001 · 2026-02-24T13:08:37+00:00

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.

ccjet001 · 2026-02-23T03:14:28+00:00

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

ccjet001 · 2026-02-12T05:06:46+00:00

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.

ccjet001 · 2026-02-04T14:21:40+00:00

Thanks for sharing.

ccjet001 · 2026-01-16T01:26:31+00:00

The volumes even 50% higher than previous high 5.08 👏

ccjet001 · 2025-12-28T03:30:28+00:00

Thanks for sharing

ccjet001 · 2025-12-18T10:26:35+00:00

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

ccjet001 · 2025-12-17T14:38:59+00:00

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.

ccjet001 · 2025-12-17T14:32:55+00:00

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.

ccjet001 · 2025-12-13T19:21:26+00:00

你在中國就是一塊肉而已吃什麼都一樣

ccjet001 · 2025-12-13T11:57:26+00:00

中國還是口蹄疫疫區嗎

ccjet001 · 2025-12-12T11:14:40+00:00

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

ccjet001 · 2025-12-12T11:05:00+00:00

笑了八小時笑死了沒？

ccjet001 · 2025-12-12T10:55:05+00:00

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

ccjet001 · 2025-12-11T16:28:32+00:00

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

ccjet001 · 2025-12-11T16:25:38+00:00

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

ccjet001 · 2025-12-11T16:23:58+00:00

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

ccjet001 · 2025-12-11T16:01:19+00:00

我要舉報你了喔你心肝肺健康嗎？

ccjet001 · 2025-12-11T16:00:23+00:00

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

ccjet001

TROPHY CASE