SEALSQ's strategy is based on a
collaborative framework between its existing OSAT Center in France
and the Arizona (US) and Murcia (Spain) OSAT Centers currently
under negotiations to work together on various aspects of
semiconductor development.
The French center’s R&D initiatives
will provide foundational technologies and prototypes, which will
then be refined and scaled at the US and Spanish
centers.
SEALSQ Corp ("SEALSQ" or "Company") (NASDAQ:
LAES), a leader in the fields of Semiconductors, PKI, and
Post-Quantum technology, today announced the incorporation of
SEALSQ USA Ltd (“SEALSQ USA”) in Phoenix, Arizona as part of its
plan to create an Open Semiconductors Assembly and Test (“OSAT”)
Center in the U.S. by end of 2025. The U.S.-based OSAT center would
provide testing services such as the wafer test and final test, in
addition to assembly services such as QFN, BGA, WLCSP, and
more.
Arizona is leading the nation in supporting the U.S. CHIPS Act's
economic and national security objectives. Even before the CHIPS
Act was signed into law on August 9, 2022, Arizona had one of the
fastest-growing and most established semiconductor industries in
the world. The passage of the CHIPS Act, along with new investments
and actions from state and industry leaders, has accelerated the
growth of Arizona’s productive and efficient semiconductor
ecosystem.To maximize opportunities under the CHIPS Act, Arizona
has launched an unprecedented collaborative effort. This initiative
brings together stakeholders from state and local governments,
industry, trade groups, economic development organizations,
universities, community colleges, workforce partners, and more.
These efforts have led to significant new initiatives to enhance
the state’s semiconductor ecosystem. These include new industry-led
apprenticeships and workforce programs, investments in university
infrastructure and R&D, first-of-its-kind training accelerators
at community colleges, a national industry roadmap, and more.
SEALSQ's decision to select Arizona as the hub for its USA
presence is strategic, largely due to Arizona's prominent position
in the global semiconductor industry.
SEALSQ, is strategically leveraging its global facilities to
pioneer a new generation of post-quantum semiconductors. The
company's approach involves a collaborative effort between its
operational center in the South of France, its forthcoming OSAT
center in Arizona, and a future site in Spain, which is currently
under negotiation.
- In the South of France, SEALSQ operates a
cutting-edge R&D center that is instrumental in developing new
post-quantum cryptographic algorithms and initial semiconductor
designs using advanced RISC-V technology. The French center’s role
is to create and test prototypes, which are then refined and scaled
at other facilities.
- The Arizona OSAT center, set to be operational
by the end of 2025, will be a cornerstone in SEALSQ’s strategy.
This facility will handle extensive testing services, including
wafer and final tests, alongside assembly services such as QFN,
BGA, and WLCSP. One of its primary focuses will be integrating
post-quantum cryptographic algorithms directly into semiconductor
architectures, crucial for protecting data against quantum
computing threats and ensuring long-term security. Additionally,
the Arizona center will specialize in embedding artificial
intelligence (AI) protocols into semiconductor hardware. This
innovation aims to provide unmatched security and efficiency by
enabling real-time threat adaptation, optimizing power consumption,
and enhancing processing speeds.
- SEALSQ’s planned OSAT center in Spain will
bolster its European production capabilities with focus to Spain
and Latin American markets. This site will focus on assembling and
testing semiconductor products tailored for the European market,
ensuring a resilient and diversified supply chain. Collaborative
projects between the Spanish, French, and Arizona centers will
integrate the latest post-quantum and AI technologies, maintaining
consistency and fostering innovation across all facilities.
Carlos Moreira, CEO of SEALSQ, emphasizing the significance of
this strategic development, noted, "In today's tech-driven world,
control over semiconductor supply is not just an economic
advantage; it is a national security imperative. By connecting our
global network of OSAT centers, our initiative empowers countries
to establish local semiconductor personalization centers, ensuring
uninterrupted access to these critical components and fostering a
resilient, integrated supply chain."
The success of SEALSQ's strategy lies in its collaborative
framework. Cross-functional teams from US, France, and Spain will
work together on various aspects of semiconductor development.
Researchers and engineers will share insights and innovations,
ensuring that each center benefits from collective knowledge and
advancements. The French center’s R&D initiatives will provide
foundational technologies and prototypes, which will then be
refined and scaled at the Arizona and Spanish centers.
By integrating post-quantum cryptographic algorithms, SEALSQ’s
semiconductors will set new industry standards for security and
efficiency. The network of centers allows SEALSQ to serve global
markets more effectively, with regional centers providing localized
production and support. This geographical diversification ensures a
robust and resilient supply chain, mitigating risks and ensuring
continuous innovation and production.
SEALSQ is also leveraging public-private partnerships to enhance
capabilities at each center. Collaborations with local governments,
universities, and industry partners are expected to drive
innovation and workforce development.
SEALSQ’s Arizona OSAT center will play a pivotal role in
developing the next generation of post-quantum semiconductors.
Working in concert with the French center and the future Spanish
OSAT, this integrated approach ensures a seamless transition from
R&D to production. The strategy not only fosters innovation but
also sets new benchmarks for security and efficiency in the
semiconductor industry.
Benefits of establishing a OSAT Center in Arizona:
- Presence of Leading Semiconductor Companies: Arizona has become
a hotspot for the semiconductor industry, housing some of the
world's leading companies in this sector. This creates a vibrant
ecosystem conducive to growth, collaboration, and innovation. For
SEALSQ, being close to these industry leaders offers significant
advantages in terms of partnerships, industry insights, and
competitive dynamics.
- Specialized High-Tech Supply Chain: Arizona's semiconductor
industry is supported by a highly specialized, high-tech supply
chain. Companies in Arizona have access to advanced materials,
components, and services tailored specifically to the semiconductor
industry, reducing logistical challenges, improving efficiency, and
lowering costs for companies like SEALSQ.
- Innovative Environment: Arizona's semiconductor sector is known
for its innovative ideas and practices, spanning from research and
development to manufacturing processes. Being part of such an
innovative environment fosters creativity and encourages SEALSQ to
push the boundaries of its technological advancements and product
offerings.
- Skilled Workforce: The presence of leading semiconductor
companies and a high-tech ecosystem attracts a skilled workforce
with expertise in various aspects of semiconductor manufacturing
and technology. SEALSQ can benefit from this talent pool for its
operations, research, and development activities.
- Strategic Location: Arizona's geographic location offers
strategic advantages, including access to major markets within the
USA and proximity to other tech hubs in the Western United States.
This facilitates easy distribution and logistics, as well as
collaboration with other companies and institutions.
Arizona provides a comprehensive and conducive ecosystem for
semiconductor companies. For SEALSQ, leveraging this ecosystem
means tapping into a network of leading companies, a specialized
supply chain, a pool of skilled talent, and a culture of
innovation, all supported by favorable government policies. This
strategic choice positions SEALSQ to effectively scale its
operations, innovate, and compete in the U.S. market.
The US-based OSAT will represent a pioneering approach to
integrating quantum-resistant cryptographic capabilities directly
into semiconductor architectures. This innovation is critical in
the face of emerging quantum computing threats, which render
traditional encryption methods vulnerable. By embedding
post-quantum cryptographic algorithms at the hardware level, SEALSQ
semiconductors offer robust protection against both current and
future cryptographic challenges.
Forward-Looking StatementsThis 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;
SEALSQ’s ability raise funding with which to create an OSAT in the
markets mentioned; SEALSQ’s ability to successfully develop
semiconductor technology that incorporates AI; 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 MoreiraChairman & CEOTel: +41 22 594
3000info@sealsq.com |
SEALSQ Investor Relations
(US)The Equity Group Inc.Lena CatiTel: +1 212 836-9611
/ lcati@equityny.comKatie MurphyTel: +212 836-9612
/ kmurphy@equityny.com |
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