Stock Track | SEALSQ Corp Plunges Over 30% as Satellite Launch Costs and Sector Uncertainty Weigh

Stock Track01-08

SEALSQ Corp (LAES), a leader in post-quantum cryptography solutions, saw its stock price plummet by a staggering 32.04% in pre-market trading on Wednesday. The sharp decline came amidst concerns over the company's plans to launch a constellation of satellites and broader uncertainty surrounding the quantum computing sector.

One of the primary factors behind the sell-off was SEALSQ's announcement on Tuesday regarding its subsidiary WISeSat AG's plan to launch six new generation satellites in 2025. While the planned satellite network aims to provide secure machine-to-machine communication using advanced post-quantum cryptography, investors are wary of the substantial costs associated with launching multiple satellites and the uncertainties surrounding the adoption of this new technology.

Furthermore, the quantum computing sector as a whole experienced a downturn after Nvidia Corp's CEO Jensen Huang stated that "very useful" quantum computers are likely decades away, pouring cold water on the recent excitement around the technology's potential. As a company focused on secure satellite communications leveraging post-quantum cryptography, SEALSQ Corp was caught up in this sector-wide sell-off.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1110447286?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-01-08 22:37","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1110447286","market":"us","top_or_hot":-1,"title":"Stock Track | SEALSQ Corp Plunges Over 30% as Satellite Launch Costs and Sector Uncertainty Weigh","media":"Stock Track","content":"<p>SEALSQ Corp (LAES), a leader in post-quantum cryptography solutions, saw its stock price plummet by a staggering 32.04% in pre-market trading on Wednesday. The sharp decline came amidst concerns over the company's plans to launch a constellation of satellites and broader uncertainty surrounding the quantum computing sector.</p>\n\n<p>One of the primary factors behind the sell-off was SEALSQ's announcement on Tuesday regarding its subsidiary WISeSat AG's plan to launch six new generation satellites in 2025. While the planned satellite network aims to provide secure machine-to-machine communication using advanced post-quantum cryptography, investors are wary of the substantial costs associated with launching multiple satellites and the uncertainties surrounding the adoption of this new technology.</p>\n\n<p>Furthermore, the quantum computing sector as a whole experienced a downturn after Nvidia Corp's CEO Jensen Huang stated that \"very useful\" quantum computers are likely decades away, pouring cold water on the recent excitement around the technology's potential. As a company focused on secure satellite communications leveraging post-quantum cryptography, SEALSQ Corp was caught up in this sector-wide sell-off.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | SEALSQ Corp Plunges Over 30% as Satellite Launch Costs and Sector Uncertainty Weigh</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | SEALSQ Corp Plunges Over 30% as Satellite Launch Costs and Sector Uncertainty Weigh\n</h2>\n\n<h4 class=\"meta\">\n\n2025-01-08 22:37 北京时间&nbsp;&nbsp;&nbsp;<strong>Stock Track</strong>\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SEALSQ Corp (LAES), a leader in post-quantum cryptography solutions, saw its stock price plummet by a staggering 32.04% in pre-market trading on Wednesday. The sharp decline came amidst concerns over ...</p>\n\n<a href=\"\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"","article_id":"1110447286","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1110447286","pubTimestamp":1736347044,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"SEALSQ Corp , a leader in post-quantum cryptography solutions, saw its stock price plummet by a staggering 32.04% in pre-market trading on Wednesday. The sharp decline came amidst concerns over the company's plans to launch a constellation of satellites and broader uncertainty surrounding the quantum computing sector.One of the primary factors behind the sell-off was SEALSQ's announcement on Tuesday regarding its subsidiary WISeSat AG's plan to launch six new generation satellites in 2025. While","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"由于卫星发射成本和行业不确定性的影响，SEALSQ Corp股价暴跌超过30%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LAES":1},"content_text":"SEALSQ Corp (LAES), a leader in post-quantum cryptography solutions, saw its stock price plummet by a staggering 32.04% in pre-market trading on Wednesday. The sharp decline came amidst concerns over the company's plans to launch a constellation of satellites and broader uncertainty surrounding the quantum computing sector.\nOne of the primary factors behind the sell-off was SEALSQ's announcement on Tuesday regarding its subsidiary WISeSat AG's plan to launch six new generation satellites in 2025. While the planned satellite network aims to provide secure machine-to-machine communication using advanced post-quantum cryptography, investors are wary of the substantial costs associated with launching multiple satellites and the uncertainties surrounding the adoption of this new technology.\nFurthermore, the quantum computing sector as a whole experienced a downturn after Nvidia Corp's CEO Jensen Huang stated that \"very useful\" quantum computers are likely decades away, pouring cold water on the recent excitement around the technology's potential. As a company focused on secure satellite communications leveraging post-quantum cryptography, SEALSQ Corp was caught up in this sector-wide sell-off.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.30.2","shortVersion":"4.30.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1110447286"}