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SEALSQ’s Root Certificate Authority Accredited by GSMA Participates in the Worldwide Roll-out of the Latest eUICC Consumer Specifications, Facilitating Security and Interoperability

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SEALSQ Corp (NASDAQ: LAES) to present at the Mobile World Congress its Root Certificate Authority, achieving GSMA Root CI accreditation. The company's PKI enables secure eUICC and Subscription Management entities in the GSMA ecosystem, enhancing security and interoperability for IoT devices.
Positive
  • SEALSQ Corp to showcase Root Certificate Authority at Mobile World Congress
  • GSMA accredits SEALSQ's PKI for eUICC and Subscription Management entities
  • eUICC technology simplifies global connectivity and enhances security
  • SEALSQ's PKI streamlines certificate acquisition for eUICC manufacturers
  • INeS platform offers cost-effective PKI services for GSMA compliance
Negative
  • None.

Insights

The announcement by SEALSQ regarding their presentation at the Mobile World Congress of their GSMA Root Certificate Authority is a significant development in the telecommunications industry. The GSMA Root CI accreditation is a testament to the security and reliability of SEALSQ's Public Key Infrastructure (PKI) services, which are critical for the authentication and identification processes within the GSMA's remote provisioning ecosystem for eSIM technology.

eSIM technology is rapidly becoming a standard for mobile and Internet of Things (IoT) devices due to its ability to simplify global connectivity and enhance security. The transition from physical SIM cards to eUICCs (embedded Universal Integrated Circuit Cards) represents a pivotal shift in the industry, reducing complexity and enabling on-demand provisioning of mobile services. SEALSQ's role in streamlining the certification process for eUICC manufacturers and service providers is likely to facilitate a quicker adoption rate, which could have a positive impact on the company's market position and potentially its stock performance as demand for eSIM solutions grows.

In the context of cybersecurity, SEALSQ's advancements in PKI and Post-Quantum technology hardware and software are particularly relevant. The adoption of eSIM technology necessitates robust security measures, as it involves the management of digital identities across numerous devices. By providing a managed PKI as a Service platform, SEALSQ is eliminating the need for companies to invest in their own hardware infrastructure for certificate management, which could lower barriers to entry and enhance the overall security posture of the cellular ecosystem.

Their approach to providing GSMA PKI certificates compliant with the latest SGP standards indicates a proactive stance on security, addressing potential vulnerabilities that could arise in a post-quantum computing era. This forward-thinking strategy not only aligns with SEALSQ's mission to foster a safer connected world but also positions them as a leader in the space, potentially influencing their business prospects and investor confidence.

From a market perspective, the integration of SEALSQ's Root Certificate Authority within the GSMA's framework is likely to have a ripple effect across the telecommunications sector. As eSIM technology continues to be adopted at an accelerating pace, SEALSQ's ability to provide GSMA PKI certificates efficiently could give them a competitive edge. The company's comprehensive offerings, including flexible deployment options and simplified management of certificates, are designed to meet the evolving needs of eUICC manufacturers and service providers.

This development could potentially lead to increased partnerships and customer acquisition for SEALSQ, as their services align with the industry's move towards enhanced interoperability and security-by-design. The market may respond favorably to these advancements, considering the growing importance of IoT and M2M communications in the digital economy, which in turn could have a positive impact on SEALSQ's financial performance and stock valuation.

Geneva, Switzerland , Feb. 27, 2024 (GLOBE NEWSWIRE) -- For more information visit: https://www.sealsq.com/managed-pki-for-iot/root-of-trust

SEALSQ Corp ("SEALSQ" or "Company") (NASDAQ: LAES), a company that focuses on developing and selling Semiconductors, PKI and Post-Quantum technology hardware and software products, is set to present at the Mobile World Congress its notable Root Certificate Authority, which has attained GSMA Root CI accreditation. SEALSQ PKI enables eUICC and Subscription Management entities to identify and authenticate within the GSMA remote provisioning Consumer ecosystem, facilitating security and interoperability.

As deployments accelerate, demand for eSIM technology is growing to cut through complexity and promote simplified global connectivity and advanced security. The publication of a dedicated specification for remotely provisioning and managing IoT devices promises to accelerate the adoption of eSIM technology.

eUICCs (aka eSIM) present a significant step forward in cellular connectivity for M2M, Consumer and IoT devices. eUICC eliminates complexity by converting a physical SIM into a digital profile that can be downloaded on-demand onto an eUICC.

SEALSQ's comprehensive offering aims to streamline the process for eUICC manufacturers and SM-DP+/SM-DS Service Providers, aiding them in achieving a faster time to market. This approach is achieved through cost-effective and simplified design processes for obtaining GSMA PKI Certificates.

SEALSQ further enhances the proposition by enabling companies to swiftly access certificates compliant with the new version 3 in line with SGP.22 v3.0 and SGP.14 v2.1 standards. This service is facilitated through INeS, a managed "PKI as a Service" platform, which eliminates the need for hardware infrastructure investments.

The adoption of eSIM specifications and remote SIM provisioning is poised to significantly enhance interoperability and security-by-design within the cellular industry. This aligns with SEALSQ's mission to foster a safer connected world.

By partnering with SEALSQ, GSMA participants can expect to:

  • Accelerate their time to market by securing GSMA PKI Certificates for eSIM compliant version 3 consumer products.
  • Benefit from flexible deployment options, such as on-premises, hosted, or batch issuance.
  • Simplify the management of certificates via the SEALSQ INeS CMS Platform for consumers.
  • Depend on SEALSQ's GSMA Root CI, recognized as a WebTrust accredited CA, ensuring a high level of trust and security.

“We are pleased that SEALSQ will provide its expertise to deliver eUICC manufacturers and SM-DP+/SM-DS providers across the globe with GSMA PKI certificates,” said Ian Pannell, Chief Engineer at the GSMA. “SEALSQ is an expert in designing, governing and managing large PKI ecosystems to ensure eSIM certificates support millions of connected devices. We welcome the steps they’re taking to work closely with the GSMA to shape the security in the cellular space.”

“The unique combination of SEALSQ’s provisioning services with the GSMA Root-of-Trust CI will help our customers save time by issuing GSMA PKI Certificates to GSMA eSIM compliant version 3 consumer,” said Bernard Vian, General Manager of WISeKey Semiconductors SAS business for SEALSQ.

The growing adoption of eSIM specifications and the remote SIM provisioning will greatly improve interoperability between devices and security-by-design in the cellular industry, creating a more efficient and safer experience for consumers. This is in full alignment with SEALSQ’s mission to contribute into building a safer connected world.

About GSMA

The GSMA is a global organization unifying the mobile ecosystem to discover, develop and deliver innovation foundational to positive business environments and societal change. Our vision is to unlock the full power of connectivity so that people, industry and society thrive.

Representing mobile operators and organizations across the mobile ecosystem and adjacent industries, the GSMA delivers for its members across three broad pillars: Connectivity for Good, Industry Solutions and Events.

About SEALSQ
SEALSQ focuses on selling integrated solutions based on Semiconductors, PKI and Provisioning services, while developing Post-Quantum technology hardware and software products. Our solutions can be used in a variety of applications, from Multi-Factor Authentication tokens, Smart Energy, Smart Home Appliances, and IT Network Infrastructure, to Automotive, Industrial Automation and Control Systems.

Post-Quantum Cryptography (PQC) refers to cryptographic methods that are secure against an attack by a quantum computer. As quantum computers become more powerful, they may be able to break many of the cryptographic methods that are currently used to protect sensitive information, such as RSA and Elliptic Curve Cryptography (ECC). PQC aims to develop new cryptographic methods that are secure against quantum attacks. For more information please visit www.sealsq.com.

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 anticipates 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 implement its growth strategies; SEALSQ’s ability to generate revenue from emerging new semiconductors; SEALSQ’s ability to generate revenue from Matter certification and the new cyber trust mark standards; the successful introduction of the WISeSat picosatellite constellation; 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.

Press and investor contacts:



SEALSQ Corp.
Carlos Moreira
Chairman & CEO
Tel: +41 22 594 3000
info@sealsq.com



SEALSQ Investor Relations (US)
The Equity Group Inc.
Lena Cati
Tel: +1 212 836-9611 / lcati@equityny.com
Katie Murphy
Tel: +212 836-9612 / kmurphy@equityny.com


FAQ

What is SEALSQ Corp set to present at the Mobile World Congress?

SEALSQ Corp is set to present its Root Certificate Authority at the Mobile World Congress.

What accreditation has SEALSQ's Root Certificate Authority achieved?

SEALSQ's Root Certificate Authority has attained GSMA Root CI accreditation.

How does SEALSQ's PKI benefit eUICC and Subscription Management entities?

SEALSQ's PKI enables secure identification and authentication within the GSMA ecosystem, enhancing security and interoperability for IoT devices.

What technology is growing in demand according to the PR?

eUICC technology, also known as eSIM, is experiencing increased demand to simplify global connectivity and enhance security.

How does SEALSQ streamline the process for eUICC manufacturers?

SEALSQ offers a comprehensive PKI solution that simplifies the acquisition of GSMA PKI Certificates for eUICC manufacturers.

What platform does SEALSQ use to provide PKI services?

SEALSQ utilizes the INeS platform, a managed 'PKI as a Service' platform, to offer cost-effective and simplified PKI services for GSMA compliance.

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