SEALSQ (LAES) and India's L5 Cartronics said Tuesday they have formed a partnership to develop new secure connectivity modules for internet of things applications.
The collaboration combines L5 Cartronics' expertise in precision clocking, power, and interface technologies and production with SEALSQ's hardware security technology, the companies said. Financial terms were not provided.
The first product of the collaboration will be a small, cost-effective secure module designed for smart camera systems and smart metering infrastructure, the companies said.
Shares of SEALSQ were up 1.9% pre-bell Tuesday.
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