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SEALSQ Announces Intention to Establish OSAT Center in the US
The company is currently evaluating Colorado, Arizona, and New York as potential locations. It is intended that the center will be operational by the end of
About this update from Sealsq Corp
[{"type":"text","content":"The company is currently evaluating Colorado, Arizona, and New York as potential locations. It is intended that the center will be operational by the end of 2025.\nTortola, British Virgin Islands , Feb. 06, 2024 (GLOBE NEWSWIRE) -- SEALSQ Corp (\"SEALSQ\" or \"Company\") (NASDAQ: LAES), a leader in the fields of Semiconductors, PKI, and Post-Quantum technology, today announced its plan to establish an Open Semiconductors Assembly and Test (“OSAT”) Center in the United States (“US”). The US-based OSAT would provide testing services such as the wafer test and final test, in addition to assembly services such as QFN, BGA, WLCSP, and more. The initiative encompasses the development of Semiconductor Personalization Centers through Public-Private Partnerships (PPP). SEALSQ is currently in negotiation for three major projects in Europe, the Middle East, and the Far East to implement similar processes, run by experienced hardware designers to create the chip design using RISC-V technology. The chips will still be built locally at the SEALSQ centers, ensuring they meet the highest security standards and certifications from bodies such as Common Criteria and NIST. The US-based OSAT will focus on the SEALSQ (Semiconductor, Efficient Architecture for Long-term Security Quantum) semiconductors, post-quantum cryptography, and artificial intelligence (AI), having the potential to herald a transformative era for semiconductor technology. This delves into the technical underpinnings and potential impacts of this integration, exploring how it paves the way for a new generation of semiconductors that are poised to redefine security, efficiency, and intelligence in digital systems. Governments, including the US and EU, are currently establishing incentives to increase supply chain resilience, emphasizing the need for SEALSQ’s expanded operations. In the US, the International Technology Security and Innovation (ITSI) Fund, appropriated under the Creating Helpful Incentives to Produce Semiconductors (CHIPS) Act of 2022, provides the Department of State with $500 million — $100 million per year over five years, starting in Fiscal Year 2023 — to promote the development and adoption of secure and trustworthy telecommunications networks and ensure semiconductor supply chain security and diversification. To learn more, visit www.state.gov/the-u-s-departme...