H.C. Wainwright Reiterates a Buy Rating on Rigel Pharmaceuticals (RIGL)
A researcher in a lab coat monitoring a biotechnological experiment.
The trial demonstrated safety and strong efficacy for the treatment of RET fusion-positive NSCLC and other solid tumors. It also exhibited a significant median duration of response and a high overall response rate, pointing towards the drug's meaningful and durable outcomes.
The analyst further reasoned that the trial data shows GAVRETO's optimistic anti-tumor activity across a number of RET fusion-positive solid tumors, which shows its market potential and paints an optimistic picture for Rigel Pharmaceuticals, Inc. (NASDAQ:RIGL).
Rigel Pharmaceuticals, Inc. (NASDAQ:RIGL) is a clinical-stage biotechnology company that discovers and develops targeted, novel drugs in oncology, immunology, and immune oncology. Its product portfolio includes Tavalisse, Fostamatinib, and R835.
While we acknowledge the potential of RIGL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.
Disclosure: None. This article is originally published at Insider Monkey.
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Business Upturn
an hour ago
- Business Upturn
SEALSQ and WISeKey Confirm New Cross-Border Center of Excellence for the 4th Industrial Revolution Activated Between La Line and Gibraltar
By GlobeNewswire Published on July 21, 2025, 10:00 IST Geneva, Switzerland, July 21, 2025 (GLOBE NEWSWIRE) — SEALSQ Corp (NASDAQ: LAES) ('SEALSQ' or 'Company'), a company that focuses on developing and selling Semiconductors, PKI, and Post-Quantum technology hardware and software products, and its parent company WISeKey International Holding Ltd ('WISeKey') (SIX: WIHN, NASDAQ: WKEY), today announced that a transformative initiative launched several years ago to establish a Cross-Border Deeptech Center of Excellence (the 'Center') for the 4th Industrial Revolution is now being formally activated, following the historic agreement between Spain and the United Kingdom on Gibraltar's post-Brexit border status. Strategically located near Gibraltar Airport, this innovative Center will act as a shared technological and industrial hub bridging La Línea de la Concepción (Spain) and Gibraltar (UK). It aims to provide a collaborative platform for companies working in advanced technologies including Artificial Intelligence, Quantum Computing, the Internet of Things, AI, Space, Cybersecurity, and Semiconductors, aiming to position the region as a global epicenter of innovation. The recent UK–EU agreement facilitates the free and secure movement of people and goods across the border, unlocking opportunity for the Company to realise the full potential of this ambitious project and enabling seamless cooperation between the two jurisdictions. Meetings held with the Gibraltar government and the Mayor of La Línea have resulted in unanimous support for the project. The Center is recognized as a mutually beneficial opportunity: Gibraltar-based companies will gain access to European Union technology legislation and platforms, while Spanish businesses located at the Center will benefit from cooperation with Gibraltar and potential partnerships with African innovation ecosystems, reinforcing the region's status as a tri-continental innovation gateway. First Milestone: Manufacturing Plant for Post-Quantum Communication Devices Under the cross-border framework, the first physical installation is planned to be a secure manufacturing facility in La Línea dedicated to producing post-quantum-ready communication devices. These devices are intended to form the foundation of a secure communications infrastructure designed to operate seamlessly with satellite constellations, providing quantum-resilient, end-to-end communications across industries. This facility is also expected to host the initial manufacturing operations for WISeKey's secure space communication platform. Production would begin as soon as the site becomes operational, establishing La Línea as a new hub for secure aerospace and telecommunications manufacturing. In parallel, SEALSQ has allocated a dedicated budget to develop its first post-quantum communication device manufacturing plant, confirming its commitment to secure, satellite-linked, next-generation technologies. This plant will produce devices that connect directly with satellite constellation, delivering resilient, quantum-secure data flows critical to sectors such as defense, logistics, healthcare, and energy. Additionally, WISeKey and SEALSQ have signed a memorandum of understanding with the regional port authority to implement Smart Container Technology, allowing maritime cargo containers, even in mid-sea transit, to connect directly with satellites. This will enable real-time, secure, blockchain-verifiable logistics tracking, bolstering supply chain transparency and resilience on a global scale. A Quantum Corridor for Europe's Digital Sovereignty The Center is a vital node in the expanding Post-Quantum Corridor, a high-tech European network being developed by SEALSQ and WISeKey to enable secure, quantum-resilient infrastructure from chip to satellite. This strategic corridor connects key technology hubs including: • La Línea de la Concepción• Gibraltar• Malaga Technology Park• Murcia – home of the QUANTIX Semiconductor Center• Aix-en-Provence – SEALSQ Semiconductor R&D Center and Operational Headquarters• Grenoble – IC'ALPS Advanced Chip Development Lab • Geneva – WISeKey and SEALSQ Global R&D and Cybersecurity Centers The Quantum Corridor will also integrate leading universities across the region to foster academic–industry collaboration and talent development. It will provide a dynamic environment for quantum, artificial intelligence, and cybersecurity companies to work together, co-developing the secure, intelligent technologies of the future, from next-generation encryption to space-based AI systems and quantum processors. In the coming weeks, SEALSQ will engage a leading international consulting firm to develop a comprehensive business and technology integration plan for the Cross-Border Center. This strategic study will guide the implementation of the project, from infrastructure to ecosystem development. It will be aligned with existing studies already underway in Gibraltar focused on shared prosperity, helping to shape a unified master plan for the successful and coordinated execution of the initiative on both sides of the border. Public and Private Funding Synergies The project will benefit from grants and allocation of funding available for this type of strategic activity, particularly those supporting innovation, digital infrastructure, and cross-border cooperation. This public support will be complemented by investment from the private sector on a pari passu basis, ensuring a balanced and sustainable funding model that drives both economic development and technological leadership. 'Think of the Center as an aircraft carrier for innovation,' said Carlos Moreira, CEO of SEALSQ. 'Companies can land, refuel with knowledge and infrastructure, and take off again stronger. Instead of each company reinventing the wheel, they plug into a common ecosystem, just like plugging into the electricity grid.' The Cross-Border Center of Excellence will serve as a launchpad for collaborative research, startup incubation, international joint ventures, and workforce training programs, aligned with the long-term strategies of the European Union, the United Kingdom, and key private-sector stakeholders. Further announcements regarding the Center's commissioning, founding partners, and investment roadmap will follow in the coming weeks. About SEALSQ: SEALSQ is a leading innovator in Post-Quantum Technology hardware and software solutions. Our technology seamlessly integrates Semiconductors, PKI (Public Key Infrastructure), and Provisioning Services, with a strategic emphasis on developing state-of-the-art Quantum Resistant Cryptography and Semiconductors designed to address the urgent security challenges posed by quantum computing. As quantum computers advance, traditional cryptographic methods like RSA and Elliptic Curve Cryptography (ECC) are increasingly vulnerable. SEALSQ is pioneering the development of Post-Quantum Semiconductors that provide robust, future-proof protection for sensitive data across a wide range of applications, including Multi-Factor Authentication tokens, Smart Energy, Medical and Healthcare Systems, Defense, IT Network Infrastructure, Automotive, and Industrial Automation and Control Systems. By embedding Post-Quantum Cryptography into our semiconductor solutions, SEALSQ ensures that organizations stay protected against quantum threats. Our products are engineered to safeguard critical systems, enhancing resilience and security across diverse industries. For more information on our Post-Quantum Semiconductors and security solutions, please visit Forward-Looking Statements This communication expressly or implicitly contains certain forward-looking statements concerning SEALSQ Corp and its businesses. Forward-looking statements include statements regarding our business strategy, financial performance, results of operations, market data, events or developments that we expect or anticipate will occur in the future, as well as any other statements which are not historical facts. Although we believe that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates which are inherently subject to significant uncertainties and contingencies, many of which are beyond our control. Actual results may differ materially from those expressed or implied by such forward-looking statements. Important factors that, in our view, could cause actual results to differ materially from those discussed in the forward-looking statements include SEALSQ's ability to continue beneficial transactions with material parties, including a limited number of significant customers; market demand and semiconductor industry conditions; and the risks discussed in SEALSQ's filings with the SEC. Risks and uncertainties are further described in reports filed by SEALSQ with the SEC. SEALSQ Corp is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise. SEALSQ MoreiraChairman & CEOTel: +41 22 594 3000 [email protected] SEALSQ Investor Relations (US)The Equity Group CatiTel: +1 212 836-9611 [email protected] Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.


Business Upturn
an hour ago
- Business Upturn
WISeKey and SEALSQ Confirm New Cross-Border Center of Excellence for the 4th Industrial Revolution Activated Between La Line and Gibraltar
By GlobeNewswire Published on July 21, 2025, 10:00 IST WISeKey and SEALSQ Confirm New Cross-Border Center of Excellence for the 4th Industrial Revolution Activated Between La Line and Gibraltar Gibraltar/La Línea – July 21, 2025 – WISeKey International Holding Ltd ('WISeKey' or 'Company') (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity, blockchain, and IoT company, and its subsidiary, SEALSQ Corp (NASDAQ: LAES) ('SEALSQ'), a company that focuses on developing and selling Semiconductors, PKI, and Post-Quantum technology hardware and software products today announced that a transformative initiative launched several years ago to establish a Cross-Border Deeptech Center of Excellence (the 'Center') for the 4th Industrial Revolution is now being formally activated, following the historic agreement between Spain and the United Kingdom on Gibraltar's post-Brexit border status. Strategically located near Gibraltar Airport, this innovative Center will act as a shared technological and industrial hub bridging La Línea de la Concepción (Spain) and Gibraltar (UK). It aims to provide a collaborative platform for companies working in advanced technologies including Artificial Intelligence, Quantum Computing, the Internet of Things, AI, Space, Cybersecurity, and Semiconductors, aiming to position the region as a global epicenter of innovation. The recent UK–EU agreement facilitates the free and secure movement of people and goods across the border, unlocking opportunity for the Company to realize the full potential of this ambitious project and enabling seamless cooperation between the two jurisdictions. Meetings held with the Gibraltar government and the Mayor of La Línea have resulted in unanimous support for the project. The Center is recognized as a mutually beneficial opportunity: Gibraltar-based companies will gain access to European Union technology legislation and platforms, while Spanish businesses located at the Center will benefit from cooperation with Gibraltar and potential partnerships with African innovation ecosystems, reinforcing the region's status as a tri-continental innovation gateway. First Milestone: Manufacturing Plant for Post-Quantum Communication Devices Under the cross-border framework, the first physical installation is planned to be a secure manufacturing facility in La Línea dedicated to producing post-quantum-ready communication devices. These devices are intended to form the foundation of a secure communications infrastructure designed to operate seamlessly with satellite constellations, providing quantum-resilient, end-to-end communications across industries. This facility is also expected to host the initial manufacturing operations for WISeKey's secure space communication platform. Production would begin as soon as the site becomes operational, establishing La Línea as a new hub for secure aerospace and telecommunications manufacturing. In parallel, SEALSQ has allocated a dedicated budget to develop its first post-quantum communication device manufacturing plant, confirming its commitment to secure, satellite-linked, next-generation technologies. This plant will produce devices that connect directly with satellite constellation, delivering resilient, quantum-secure data flows critical to sectors such as defense, logistics, healthcare, and energy. Additionally, WISeKey and SEALSQ have signed a memorandum of understanding with the regional port authority to implement Smart Container Technology, allowing maritime cargo containers, even in mid-sea transit, to connect directly with satellites. This will enable real-time, secure, blockchain-verifiable logistics tracking, bolstering supply chain transparency and resilience on a global scale. A Quantum Corridor for Europe's Digital Sovereignty The Center is a vital node in the expanding Post-Quantum Corridor, a high-tech European network being developed by SEALSQ and WISeKey to enable secure, quantum-resilient infrastructure from chip to satellite. This strategic corridor connects key technology hubs including: • La Línea de la Concepción• Gibraltar• Malaga Technology Park• Murcia – home of the QUANTIX Semiconductor Center• Aix-en-Provence – SEALSQ Semiconductor R&D Center and Operational Headquarters• Grenoble – IC'ALPS Advanced Chip Development Lab • Geneva – WISeKey and SEALSQ Global R&D and Cybersecurity Centers The Quantum Corridor will also integrate leading universities across the region to foster academic–industry collaboration and talent development. It will provide a dynamic environment for quantum, artificial intelligence, and cybersecurity companies to work together, co-developing the secure, intelligent technologies of the future, from next-generation encryption to space-based AI systems and quantum processors. In the coming weeks, SEALSQ will engage a leading international consulting firm to develop a comprehensive business and technology integration plan for the Cross-Border Center. This strategic study will guide the implementation of the project, from infrastructure to ecosystem development. It will be aligned with existing studies already underway in Gibraltar focused on shared prosperity, helping to shape a unified master plan for the successful and coordinated execution of the initiative on both sides of the border. Public and Private Funding Synergies The project will benefit from grants and allocation of funding available for this type of strategic activity, particularly those supporting innovation, digital infrastructure, and cross-border cooperation. This public support will be complemented by investment from the private sector on a pari passu basis, ensuring a balanced and sustainable funding model that drives both economic development and technological leadership. 'Think of the Center as an aircraft carrier for innovation,' said Carlos Moreira, CEO of WISeKey. 'Companies can land, refuel with knowledge and infrastructure, and take off again stronger. Instead of each company reinventing the wheel, they plug into a common ecosystem, just like plugging into the electricity grid.' The Cross-Border Center of Excellence will serve as a launchpad for collaborative research, startup incubation, international joint ventures, and workforce training programs, aligned with the long-term strategies of the European Union, the United Kingdom, and key private-sector stakeholders. Further announcements regarding the Center's commissioning, founding partners, and investment roadmap will follow in the coming weeks. About WISeKey WISeKey International Holding Ltd ('WISeKey', SIX: WIHN; Nasdaq: WKEY) is a global leader in cybersecurity, digital identity, and IoT solutions platform. It operates as a Swiss-based holding company through several operational subsidiaries, each dedicated to specific aspects of its technology portfolio. The subsidiaries include (i) SEALSQ Corp (Nasdaq: LAES), which focuses on semiconductors, PKI, and post-quantum technology products, (ii) WISeKey SA which specializes in RoT and PKI solutions for secure authentication and identification in IoT, Blockchain, and AI, (iii) WISeSat AG which focuses on space technology for secure satellite communication, specifically for IoT applications, (iv) Corp which focuses on trusted blockchain NFTs and operates the marketplace for secure NFT transactions, and (v) SEALCOIN AG which focuses on decentralized physical internet with DePIN technology and house the development of the SEALCOIN platform. Each subsidiary contributes to WISeKey's mission of securing the internet while focusing on their respective areas of research and expertise. Their technologies seamlessly integrate into the comprehensive WISeKey platform. WISeKey secures digital identity ecosystems for individuals and objects using Blockchain, AI, and IoT technologies. With over 1.6 billion microchips deployed across various IoT sectors, WISeKey plays a vital role in securing the Internet of Everything. The company's semiconductors generate valuable Big Data that, when analyzed with AI, enable predictive equipment failure prevention. Trusted by the OISTE/WISeKey cryptographic Root of Trust, WISeKey provides secure authentication and identification for IoT, Blockchain, and AI applications. The WISeKey Root of Trust ensures the integrity of online transactions between objects and people. For more information on WISeKey's strategic direction and its subsidiary companies, please visit Disclaimer This communication expressly or implicitly contains certain forward-looking statements concerning WISeKey International Holding Ltd and its business. Such statements involve certain known and unknown risks, uncertainties and other factors, which could cause the actual results, financial condition, performance or achievements of WISeKey International Holding Ltd to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. WISeKey International Holding Ltd is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise. This press release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities, and it does not constitute an offering prospectus within the meaning of the Swiss Financial Services Act ('FinSA'), the FinSa's predecessor legislation or advertising within the meaning of the FinSA. Investors must rely on their own evaluation of WISeKey and its securities, including the merits and risks involved. Nothing contained herein is, or shall be relied on as, a promise or representation as to the future performance of WISeKey. Press and Investor Contacts WISeKey International Holding LtdCompany Contact: Carlos MoreiraChairman & CEOTel: +41 22 594 3000 [email protected] WISeKey Investor Relations (US) The Equity Group CatiTel: +1 212 836-9611 [email protected] Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.
Yahoo
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Microvast Holdings (MVST) Announces Strategic Partnership with Evoy
Microvast Holdings, Inc. (NASDAQ:MVST) is one of the Best Performing EV Stocks So Far in 2025. The company has announced a strategic partnership with Evoy, which is a Norwegian company that specializes in high-output electric motor systems for boats. Notably, this collaboration is Microvast Holdings, Inc. (NASDAQ:MVST)'s debut in the electric boat segment and reflects an expansion of Evoy's battery options for diverse market applications. Notably, Evoy plans to integrate Microvast MV-I high-power battery packs into the leisure boat product line. A row of electric vehicles all powered by the company's advanced battery systems. For Q1 2025, Microvast Holdings, Inc. (NASDAQ:MVST) booked a net profit of $61.8 million and a positive adjusted EBITDA of $28.5 million, reflecting an increased demand for its advanced battery solutions as well as the effectiveness of its emphasis on profitability and operational efficiency. The company achieved record Q1 2025 revenue of $116.5 million, a strong 43.2% YoY growth. Furthermore, Microvast Holdings, Inc. (NASDAQ:MVST) continues to achieve significant traction in the commercial vehicle sector, mainly within EMEA, where it saw more than 100% growth YoY. Microvast Holdings, Inc. (NASDAQ:MVST) expects that its high-growth EMEA business will maintain strong momentum and will continue to fuel YoY revenue increases. The company has been actively pursuing new strategic partnerships in the region in order to help its current and upcoming product lines. Microvast Holdings, Inc. (NASDAQ:MVST) offers battery technologies for EVs and energy storage solutions. While we acknowledge the potential of MVST as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 13 Cheap AI Stocks to Buy According to Analysts and 11 Unstoppable Growth Stocks to Invest in Now Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data