WISeKey CEO Letter to Shareholders
Analysis based on 7 articles · First reported May 06, 2026 · Last updated May 06, 2026
The letter from Carlos Moreira highlights Maqam International Holding's strong financial performance and strategic advancements in quantum-secure technology, which could positively impact investor confidence in Maqam International Holding and its subsidiaries like SEALSQ Corp. The alignment of global regulatory environments, such as the United States — National Security Agency's mandate and United States — National Institute of Standards and Technology standards, creates a clear market demand for Maqam International Holding's offerings, suggesting potential for increased revenue and market share in the cybersecurity and semiconductor industries.
Maqam International Holding International Holding Ltd issued a letter to shareholders from its Founder and CEO, Carlos Moreira, detailing significant developments and future outlook. The company reported $19.3 million in revenue for 2025, a 62% year-over-year growth, with SEALSQ Corp contributing the majority. Maqam International Holding's balance sheet strengthened to over $535 million in cash and short-term investments by April 2026. The company is transitioning from technology validation to commercial execution, with SEALSQ Corp's commercial pipeline exceeding $200 million for 2026-2029. Maqam International Holding has defined 2026 as its 'Year of Convergence,' integrating its five core pillars: SEALSQ Corp, WISeSat, Sealcoin, WISeID.com/INeS, and WISe.Art, into a single quantum-secure platform. WISeSat is progressing with its Quantum Spatial Orbital Cloud (QSOC) initiative, aiming for a 100-satellite constellation. Maqam International Holding also expanded the SEALSQ Corp Quantum Fund to $200 million, deploying capital into strategic investments like International Commission for the Protection of the Alps, Quantix Edge Security, WeCan Group, Eero, and ColibriTD. The global regulatory environment, including the United States — National Security Agency's CNSA 2.0 mandate and United States — National Institute of Standards and Technology standards, is aligning with Maqam International Holding's strategy, creating demand for its post-quantum cryptography technologies. Maqam International Holding reaffirms its expectation of 50% to 100% revenue growth in 2026, driven by SEALSQ Corp's commercial acceleration.
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