Sealsq, a Swiss company specialising in semiconductors, PKI and post-quantum technology, is to supply its VaultIC 408 secure microcontroller for millions of smart meters in the UK.

Part of the UK’s Smart Metering Implementation Programme (SMIP), the multi-year, multi-million-dollar agreement positions Sealsq as a contributor to one of the world’s most ambitious smart grid initiatives. VaultIC 408 was selected for its security features, ensuring robust data protection and secure communication across the entire metering infrastructure.

This collaboration includes energy and technology stakeholders such as the Data Communications Company (DCC), Landis+Gyr, Calisen, Toshiba and Vodafone. The VaultIC 408 will complement 4G communication hubs provided by Toshiba and secure data systems managed by CGI, enabling seamless integration and enhanced operational efficiency.

“This agreement marks a major milestone for Sealsq as we expand our footprint in critical national infrastructure projects,” said Carlos Moreira, CEO of Sealsq. “Our VaultIC 408 technology ensures the highest levels of security and reliability, making it the ideal choice for the UK’s ambitious smart metering goals.”

The UK’s SMIP aims to install smart meters in over 26 million homes and businesses, reducing energy consumption and empowering consumers with real-time energy usage insights.

“We are proud of this new milestone for Sealsq in the UK,” said Franck Buonnano, vice president at Sealsq. “It highlights Sealsq’s expertise in securing products for the smart meter industry and underlines our ability and commitment to ensure a consistent quality of service and support to global customers. We look forward to continuing to deliver value and security in this dynamic and growing market.”

Sealsq has experience in providing secure chips for the smart metering industry, with a track record of reliability and innovation. The VaultIC range features products tailored for smart metering applications, offering security, seamless integration and scalability.

The global smart meter market is projected to reach approximately 238.42 million units by 2029, at a CAGR of 8.14%.

Sealsq (www.sealsq.com) focuses on selling integrated products based on semiconductors, PKI and provisioning services, while developing post-quantum hardware and software.