SEALSQ Corp (NASDAQ: LAES) announced a strategic roadshow in India that will run from January 5‑9, 2026. The tour will visit Mumbai, Ahmedabad, New Delhi, Hyderabad and Bangalore, where the company’s C‑suite will hold high‑level meetings, site visits and discussions with key partners in the country’s semiconductor and space sectors.
The roadshow underscores SEALSQ’s focus on India, a country that has launched a National Quantum Mission and is rapidly expanding its semiconductor and space capabilities. The company will leverage a joint venture with Kaynes Semicon—SEALKAYNESQ Ltd, in which SEALSQ holds a 51% stake—to establish India’s first secure semiconductor design and personalization center. In addition, SEALSQ will collaborate with Skyroot Aerospace to launch WISeSat satellites from Indian launch sites in 2026, positioning the company to capture a share of the growing quantum‑resistant satellite market.
SEALSQ has increased its Quantum Fund to $100 million, up from $35 million in December 2025 and $20 million in July 2025. The fund will finance strategic investments in quantum computing, post‑quantum cryptography, quantum AI and secure semiconductor architectures, aligning with the projected $1.887 billion growth of the post‑quantum cryptography market by 2029.
Financially, SEALSQ reported FY 2024 revenue of approximately $11 million, down from $30 million in FY 2023, reflecting a transition to quantum‑resistant chips and inventory adjustments. The company has raised over $140 million in capital since November 2024 and maintains a cash reserve of $150 million as of September 2025. While the firm has experienced negative margins and declining revenue growth over the past three years, it is pursuing aggressive capital deployment to accelerate its quantum portfolio and capture new revenue streams in India and beyond.
CEO Carlos Moreira said, “India is a key strategic partner for our long‑term vision in quantum security, advanced semiconductors, and sovereign space infrastructure. The roadshow marks an important milestone in deepening our collaboration with India’s quantum, semiconductor and space ecosystems, and the $100 million Quantum Fund will accelerate the innovation needed to protect governments, enterprises and citizens in the quantum era.”
The company’s expansion into India presents both opportunities and risks. The partnership with Kaynes Semicon and the planned satellite launches tap into a high‑growth quantum and space market, offering a potential revenue upside that could offset current margin compression. However, the significant capital outlay and the need to navigate a complex regulatory and supply‑chain environment in India pose execution challenges that could impact short‑term profitability. Overall, the initiative signals SEALSQ’s commitment to becoming a global leader in post‑quantum technology, while acknowledging the headwinds of high investment costs and a competitive landscape that is rapidly evolving.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.