Oct. 6 at 11:42 PM
$LAES is trading on quantum optics, not earnings. The QS7001 chip and SEALCOIN AG partnership are visibility plays—designed to attract attention, not yet deliver revenue. The AGM -Annual General Meeting- signals governance continuity, but doesn’t resolve dilution or profitability risk. SEALSQ’s AGM didn’t trigger a rerating, it reinforced the wrapper: quantum optics, AI partnerships, and chip launches. But without revenue traction or governance shake-up, it’s still a visibility play, not a fundamentals pivot.