SEALSQ (NASDAQ: LAES) eyes $200M majority stake in quantum firm Quobly
Rhea-AI Filing Summary
SEALSQ Corp reported that it has signed a non-binding Memorandum of Understanding to enter exclusive negotiations for a strategic investment in French quantum computing firm Quobly. The contemplated multi-stage deal would start with a minority stake and could lead to SEALSQ acquiring a majority interest in Quobly, with a potential total investment of approximately $200M, all subject to definitive agreements, due diligence, approvals, and customary conditions.
Quobly develops silicon-based quantum processors using established semiconductor manufacturing processes, and already works with SEALSQ under an existing collaboration. The proposed transaction fits within SEALSQ’s quantum strategy and its dedicated Quantum Fund, aiming to build secure-by-design, post-quantum-ready computing platforms for sectors such as defense, intelligence, financial services, and pharmaceuticals.
Positive
- None.
Negative
- None.
Insights
SEALSQ enters exclusive talks on a potential $200M majority stake in quantum startup Quobly.
SEALSQ has signed a non-binding Memorandum of Understanding for exclusive negotiations to make an initial minority investment and potentially acquire a majority stake in Quobly, with a contemplated total investment of about
Strategically, the move extends SEALSQ’s post-quantum cryptography and semiconductor focus into silicon-based quantum processors, leveraging Quobly’s CMOS-compatible technology. It also ties into SEALSQ’s dedicated Quantum Fund and an existing collaboration between the two companies, aiming to create secure-by-design quantum systems for mission-critical sectors.
Because the understanding is non-binding and the transaction may not be completed, the ultimate financial and operational impact is uncertain based on the current disclosure. Future updates, if any, would likely clarify deal terms, ownership levels at each stage, and how Quobly’s technology could be integrated into SEALSQ’s product roadmap.
FAQ
What did SEALSQ Corp (LAES) announce regarding Quobly?
SEALSQ announced that it has entered into a non-binding Memorandum of Understanding for exclusive negotiations to make an initial minority investment and potentially acquire a majority stake in French quantum computing firm Quobly.
How large is the potential SEALSQ investment in Quobly?
If completed as contemplated, the multi-stage transaction would result in a total investment of approximately $200M by SEALSQ in exchange for a majority stake in Quobly.
Is the SEALSQ–Quobly transaction definitive?
No. The understanding is non-binding and the proposed transaction is subject to negotiation and execution of definitive agreements, completion of due diligence, receipt of necessary corporate and regulatory approvals, and other customary closing conditions.
What does Quobly do in the quantum computing space?
Quobly is described as a pioneer in quantum microelectronics, developing silicon-based quantum processors using proven semiconductor manufacturing processes. It focuses on scalable, manufacturable quantum chips built on research from institutions including CEA-Leti and CNRS.
How does the proposed Quobly deal fit SEALSQ’s strategy?
The contemplated transaction is positioned within SEALSQ’s Quantum strategy and is supported in part by its dedicated Quantum Fund, aiming to create secure-by-design quantum computing platforms that embed post-quantum security directly into hardware for sectors such as defense, finance, and healthcare.
Do SEALSQ and Quobly already work together?
Yes. The exclusive negotiations follow an ongoing strategic collaboration between SEALSQ and Quobly that was announced earlier and is proposed to be expanded to pursue joint leadership in trustworthy, industrialized quantum computers and EU and US market expansion.
