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SEALSQ Corp, a subsidiary of WISeKey International Holding, has signed a memorandum of understanding with Kaynes SemiCon and the Government of Gujarat to establish SEALKAYNESQ Ltd in India. The joint venture aims to build a secure semiconductor center focused on post-quantum cryptography and digital sovereignty.
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SEALSQ Corp (NASDAQ: LAES), known for its semiconductor and post-quantum technology solutions, has entered into a non-binding MoU with Kaynes SemiCon Private Limited and the Government of Gujarat. The collaboration will lead to the creation of SEALKAYNESQ Ltd, a joint venture company in India dedicated to advancing secure semiconductor technologies.
Key Highlights
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The venture will establish India’s first secure semiconductor design, test, and personalization center
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Focus will be on post-quantum cryptography technologies to strengthen national digital sovereignty
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Planned capacity of 300 million units per year, supporting India’s growing demand for secure chips
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Alignment with India’s Ministry of Electronics and Information Technology (MeitY) priorities on cybersecurity and digital infrastructure
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Partnership combines SEALSQ’s expertise in PKI and quantum-resistant hardware with Kaynes SemiCon’s manufacturing capabilities
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The MoU was signed in Gujarat in the presence of senior government officials, underscoring state-level support for the initiative
Sources: GlobeNewswire, SEALSQ Corp press release
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