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SEALSQ to Showcase Specific Integration with ESPRESSIF ESP32 in a MATTER Commissioning Demo at ELECTRONICA 2024

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SEALSQ (NASDAQ: LAES) announced it will showcase the integration of its VaultIC292 Secure Element with ESPRESSIF's ESP32 Microcontroller at Electronica 2024 in Munich. The demonstration will feature a MATTER device commissioning process, highlighting how the integration enhances security for IoT applications. The combination of ESP32's low-cost, low-power capabilities with VaultIC292's secure element provides robust protection for IoT devices using the MATTER protocol, enabling secure key storage, cryptographic operations, and device authentication. The showcase will be available at Hall C4, Booth 119 from November 12-15, 2024.

SEALSQ (NASDAQ: LAES) ha annunciato che presenterà l'integrazione del suo VaultIC292 Secure Element con ESPRESSIF's ESP32 Microcontroller a Electronica 2024 a Monaco. La dimostrazione metterà in evidenza un processo di commissionamento di un dispositivo MATTER, sottolineando come l'integrazione migliori la sicurezza per le applicazioni IoT. La combinazione delle capacità a basso costo e a basso consumo dell'ESP32 con l'elemento sicuro VaultIC292 fornisce una protezione robusta per i dispositivi IoT che utilizzano il protocollo MATTER, abilitando una sicura archiviazione delle chiavi, operazioni crittografiche e autenticazione dei dispositivi. La presentazione sarà disponibile presso il Padiglione C4, Stand 119 dal 12 al 15 novembre 2024.

SEALSQ (NASDAQ: LAES) anunció que exhibirá la integración de su VaultIC292 Secure Element con el Microcontrolador ESP32 de ESPRESSIF en Electronica 2024 en Múnich. La demostración presentará un proceso de comisionamiento de dispositivos MATTER, destacando cómo la integración mejora la seguridad para aplicaciones IoT. La combinación de las capacidades de bajo costo y bajo consumo del ESP32 con el elemento seguro VaultIC292 proporciona una protección robusta para los dispositivos IoT que utilizan el protocolo MATTER, permitiendo un almacenamiento seguro de claves, operaciones criptográficas y autenticación de dispositivos. La exhibición estará disponible en el Pabellón C4, Stand 119 del 12 al 15 de noviembre de 2024.

SEALSQ (NASDAQ: LAES)는 2024년 뮌헨에서 열리는 Electronica 2024에서 ESPRESSIF의 ESP32 마이크로컨트롤러와의 VaultIC292 보안 요소 통합을 선보일 것이라고 발표했습니다. 이 시연은 MATTER 장치 설정 프로세스를 특징으로 하여, 통합이 IoT 애플리케이션의 보안을 어떻게 향상시키는지를 강조할 것입니다. 저비용 및 저전력 ESP32의 기능과 VaultIC292의 보안 요소의 조합은 MATTER 프로토콜을 사용하는 IoT 장치에 대한 강력한 보호를 제공하며, 안전한 키 저장, 암호화 작업 및 장치 인증을 가능하게 합니다. 이 전시는 2024년 11월 12일부터 15일까지 C4 홀, 부스 119에서 제공됩니다.

SEALSQ (NASDAQ: LAES) a annoncé qu'il présentera l'intégration de son VaultIC292 Secure Element avec le microcontrôleur ESP32 d'ESPRESSIF à Electronica 2024 à Munich. La démonstration mettra en avant un processus de commissionnement d'appareil MATTER, illustrant comment l'intégration améliore la sécurité pour les applications IoT. La combinaison des capacités à faible coût et faible consommation de l'ESP32 avec l'élément sécurisé VaultIC292 offre une protection robuste pour les appareils IoT utilisant le protocole MATTER, permettant un stockage sécurisé des clés, des opérations cryptographiques et une authentification des appareils. L'exposition sera disponible au Hall C4, Stand 119 du 12 au 15 novembre 2024.

SEALSQ (NASDAQ: LAES) gab bekannt, dass es auf der Electronica 2024 in München die Integration seines VaultIC292 Secure Element mit dem ESP32-Mikrocontroller von ESPRESSIF präsentieren wird. Die Demonstration wird einen MATTER-Geräte-Commissioning-Prozess zeigen, der hervorhebt, wie die Integration die Sicherheit für IoT-Anwendungen verbessert. Die Kombination der kostengünstigen und energieeffizienten Eigenschaften des ESP32 mit dem sicheren Element VaultIC292 bietet einen robuster Schutz für IoT-Geräte, die das MATTER-Protokoll verwenden, indem sie sichere Schlüsselverwaltung, kryptographische Operationen und Geräteauthentifizierung ermöglichen. Die Präsentation wird vom 12. bis 15. November 2024 im Hall C4, Stand 119 verfügbar sein.

Positive
  • Integration with widely adopted ESP32 microcontroller expands market reach
  • Strategic alignment with MATTER protocol positions company in growing IoT security market
  • Partnership with ESPRESSIF enhances product offering credibility
Negative
  • None.

Insights

This announcement about SEALSQ's Matter protocol demonstration with ESPRESSIF is primarily a marketing event at an upcoming trade show. While the integration of VaultIC292 with ESP32 microcontrollers represents technological progress in IoT security, this news itself doesn't constitute a material business development that would significantly impact SEALSQ's financial performance or stock value.

The demonstration showcases existing technology capabilities rather than announcing new products, partnerships, or revenue opportunities. For a micro-cap company ($10.8M market cap), even though IoT security is a growing market, this trade show presence alone is unlikely to drive meaningful near-term business results.

Geneva, Switzerland, Nov. 06, 2024 (GLOBE NEWSWIRE) --

Video & live demonstration will be available in Hall C4 Booth 119

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, today announced that it will be showcasing at Electronica 2024 the advanced integration of its VaultIC292 Secure Element with ESPRESSIF’s ESP32 Microcontroller via a demonstration featuring a typical MATTER device commissioning process. Such integration is tailored to enhance security and simplify deployment for Internet of Things (IoT) applications using the MATTER protocol.

The 2024 Electronica event will be held from November 12-15, 2024 in Munich, Germany; interested parties can view the live demonstration in Hall C4, at Booth 119.

The powerful integration of ESP32, a widely adopted low-cost, low-power microcontroller equipped with Wi-Fi and Bluetooth capabilities, with the VaultIC292 Secure Element provides an unparalleled level of security for IoT devices, making them more robust and resilient to evolving threats.

The Matter protocol, developed by the Connectivity Standards Alliance (CSA), is a standardized communication protocol designed to ensure seamless and secure connectivity across a wide range of smart home devices, regardless of the manufacturer or platform. SEALSQ’s VaultIC292 Secure Element plays a crucial role in this ecosystem by enabling secure key storage, cryptographic operations, and device authentication, which are vital for compliance with Matter’s stringent security requirements.

The demonstration walks viewers through the commissioning process, where an IoT device is securely onboarded onto a Matter-enabled network. It highlights the critical importance of secure elements in preventing unauthorized access, data breaches, and compromised communications, ensuring IoT ecosystems remain resilient and protected. It is a great example of SEALSQ’s commitment to driving innovation in secure IoT solutions and shows how its collaboration with leading microcontroller technologies like ESP32 enables the seamless, secure deployment of IoT devices in the rapidly evolving Matter ecosystem.

Amey Inamdar, Director of Technical Marketing for ESPRESSIF noted, " ESPRESSIF SoCs are designed to offer flexible and secure platforms with full support for the Matter protocol. The integration with SEALSQ’s VaultIC292 demonstrates how additional security elements can be seamlessly incorporated to meet specific market or product needs. This collaboration highlights the adaptability of ESPRESSIF’s technology, making it easy to integrate with advanced security solutions for diverse IoT deployments."

“SEALSQ’s VaultIC292 Secure Element, combined with the flexibility of the ESP32 microcontroller, provides a comprehensive solution for IoT device manufacturers who want to meet the security demands of today’s connected world while minimizing development complexity,” said Gweltas Radenac, IoT Business Line Director at SEALSQ. “Our demonstration underscores the ease with which secure Matter-compatible devices can be deployed, thanks to our integrated security expertise.”

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, Medical and Healthcare 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 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 the expected success of our technology strategy and solutions for IoMT Security for Medical and Healthcare sectors, SEALSQ's ability to implement its growth strategies, 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

When will SEALSQ (LAES) showcase its MATTER integration at Electronica 2024?

SEALSQ will showcase its MATTER integration at Electronica 2024 from November 12-15, 2024, in Munich, Germany, at Hall C4, Booth 119.

What is SEALSQ (LAES) demonstrating with ESPRESSIF at Electronica 2024?

SEALSQ is demonstrating the integration of its VaultIC292 Secure Element with ESPRESSIF's ESP32 Microcontroller in a MATTER device commissioning process.

How does SEALSQ's VaultIC292 enhance IoT security with ESP32?

VaultIC292 enhances IoT security by providing secure key storage, cryptographic operations, and device authentication when integrated with ESP32 microcontroller.

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