Purism Progress Update: CHIPS Act, PQC, Librem 5 v2, and Investment Opportunities

There are so many exciting things happening at Purism - here are a few highlights!

1. Purism has been pre-approved for funding under the U.S. CHIPS Act to produce the Librem Core-V, expanding our product line to support RISC-V and expand U.S.-based chip manufacturing! The approval process still requires months of work to finalize, but this is an extremely important first step. Over $50 million is budgeted in the proposal.

Timeframe estimate: before year-end 2026

2. Purism has successfully demonstrated our PQC Encryptor products to the NNSA and NNSS (puri.sm/posts/pqc-encryptor-video-demonstration/) and and is advancing the certifications required to sell our PQC products to some of the most secure facilities in the U.S. government. Initial business-to-government sales is likely to be the catalyst for much more to come, with annual revenue projections in the $10 million, $20 million, and $50 million range as the business scales. Additional investment from you greatly expedites this effort!

Timeframe estimate: November, 2026

3. Purism is in the early stages of planning the Librem 5 v2 and Liberty Phone v2. We plan to incorporate customer feedback into these designs, so now is the time to share your thoughts at feedback@puri.sm. Our broader plan is to prepare a crowdfunding campaign in the coming months then launch publicly to gauge customer interest and traction, which will help fund the production of our second version. Over $2 million projected.

Timeframe estimate: Q1 2027

4. Purism is evaluating a public offering after some of these milestones are achieved and once we have sufficient free cashflow to do it properly. The ideal combination would be: CHIPS Act funding; closed PQC sales; the launch of the Librem 5 v2 campaign; and consistent profitability in our books. That combination would place us in the strongest position to go public at a valuation that could significantly benefit our shareholders. It could also provide an attractive exit opportunity for investors seeking a liquidity event with healthy returns. A share price above $10 is the goal!

Timeframe estimate: 2028

Speaking of shares, you can buy in and join the journey! Read more at docs.puri.sm/about/invest.html ! The current share price is $5.55, and our objective is to increase that price with each successful milestone. Investments can be viewed within the Investments page (shop.puri.sm/my-account/investments/) within your Purism account (log in needed).

More progress throughout Purism

1. We released our newest flagship laptop, the Librem 16! (puri.sm/posts/librem-16-product-launch/) We also released Librem 16 CAD files (puri.sm/posts/a-step-ahead-for-customi…librem-16/), empowering users and prioritizing right-to-repair. We stand behind our products and provide replacement part documentation, RMAs, and shop replacement parts for long-term support for our devices.

2. We released PureOS Crimson (puri.sm/posts/pureos-crimson-developme…-released/), and Purism is laying the framework toward PureOS Dawn to lead innovation in both desktop and mobile Linux environments.

3. Development of a widely available "worldwide-compatible" modem is in progress, which will reduce complexity across all domains including hardware optimization and quality assurance, purchasing and inventory, assembly, repair, and support.

Thank you! With each step forward, we grow together. Thank you so very much for your continued support of Purism, SPC!