Watch full video on:
https://www.sealsq.com/applications/automotive
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, today announced that it has been selected by
VESTEL, a major global electric appliances manufacturer, to secure
their latest Electric Vehicle (EV) “Plug & Charge”
Stations.
“Plug and Charge” is a technological concept
initially introduced by ISO 15118, the international standard for
charging EVs to enable a more user-convenient and secure way of
charging. All charging stations will need to support this standard
in the near future, which is applicable to both wired (AC and DC
charging) and wireless charging use cases.
From a security standpoint, Plug & Charge
process requires the EV and charging station to establish and share
a secure communication link. Several required actions from both
sides ensure confidentiality, data integrity, and authenticity. In
practice, ISO 15118 specifies a set of symmetric and
asymmetric cryptographic algorithms that secure the necessary level
of confidentiality and verify both the integrity and the
authenticity of the data exchanged
The implemented solution to achieve compliance
with ISO15118 perfectly illustrates SEALSQ’s capability to
seamlessly integrate PKI, Certified Semiconductors and Provisioning
Services in a single vertical security offering: the combination
involves a VAULTIC secure element, provisioned with a trusted
identity that is managed through the INeS Managed PKI as-a-Service
portal.
“By acting as a single security provider across
the chain of trust, SEALSQ is proud to support OEMs like VESTEL,
who can achieve the latest level of security and regulation
compliance while reducing deployment complexity and time-to-market”
said Franck Buonanno, VP of Sales.
The installed base of charging points is set to
hit 22.8 million in 2025 according to estimates from research firm
Berg Insight, which sees the market in Europe and North America
dominated by private charging points. The firm expects the number
of connected charging points in the two regions to reach 7.9
million in 2025. Globally, the deployment of EV charging stations
should increase at a 31% CAGR to more than 66 million units by
2030, according to the IHS.
Developments continue in the charging stations
that VESTEL has developed and put on the market since 2014 to
ensure their compatibility with the ever-developing e-Mobility
market. In this context, VESTEL integrates the necessary equipment
into its products regarding data security, which has gained
importance in the ISO15118 technology concept in the sector.
‘‘We are excited to initiate this collaboration
with SEALSQ. In our charging station products, we use SEALSQ
company's crypto ICs for digital signing purposes to ensure the
security, integrity, and verification of the source of metrological
measurement data”, said Hakan Kutlu, General Manager of Vestel
Mobility.
About VESTEL MOBILITYVestel
Mobility is a part of Vestel Group which is a renowned global
leader in the field of innovation and technology. Vestel Mobility
is actively contributing towards the future of transportation by
specializing in automotive electronics, battery solutions, and
electric vehicle (EV) chargers.
In the automotive electronics sector, Vestel
Mobility excels in engineering and manufacturing advanced
electronic control units (ECUs), EV powertrain components and
cockpit electronics such as clusters and infotainment displays.
Vestel Mobility is also a prominent player in
the battery solutions arena, producing high-quality battery
packages for eBikes, telecom towers, and energy storage systems.
These solutions cater to a wide range of residential, commercial,
industrial and utility applications.
Furthermore, Vestel Mobility showcases its
commitment to promoting sustainable transportation systems by
offering a comprehensive range of EV chargers. With both AC and DC
options available, Vestel aims to provide seamless and eco-friendly
charging infrastructure to support the growing adoption of electric
vehicles.
With over 40 years of experience, a vast
city-size 1.3 million m2 industrial complex, 11 offices based
around the world, clientele from over 160 countries, a
client-orientated mindset, and true R&D, Vestel embodies a
legacy of excellence and a commitment to advancing industries at
the intersection of innovation and sustainable solutions.
https://vestelinternational.com/en/
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 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 |
Vestel Mobility Company Contact: Hakan
KutluGeneral ManagerTel: +90 236 233 01
31hakan.kutlu@vestel.com.tr
SEALSQ (NASDAQ:LAES)
Gráfica de Acción Histórica
De May 2024 a Jun 2024
SEALSQ (NASDAQ:LAES)
Gráfica de Acción Histórica
De Jun 2023 a Jun 2024