EnSilica PLC Post Quantum Cryptography Accelerators IP Release (4647Z)
12 Gennaio 2024 - 8:00AM
UK Regulatory
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RNS Number : 4647Z
EnSilica PLC
12 January 2024
12 January 2024
EnSilica plc
("EnSilica", the "Company" or the "Group")
Release of Post Quantum Cryptography accelerators IP
First customer license granted to major semiconductor
supplier
EnSilica (AIM: ENSI), a leading chip maker of mixed-signal ASICs
(Application Specific Integrated Circuits), is pleased to announce
the release of a range of Post-Quantum Cryptography ("PQC")
accelerators, with the first of these intellectual property ("IP")
licenses granted to a major semiconductor supplier.
EnSilica is one of the few companies to offer advanced
cryptographic accelerators(1) to the market as licensable IP cores,
expanding EnSilica's comprehensive range of non-quantum resistant
cryptography accelerators for use in its ASICs and other
semiconductors.
PQC refers to cryptographic algorithms that can withstand
cyber-attacks from quantum computers. As quantum computing advances
and noting that artificial intelligence ("AI") based systems are
often backed by large datasets that need to be kept secured, there
is a real threat that cyber-attacks will break the current public
key-based cryptography used in today's secure communications and
financial transactions. The draft standard for the first of these
cryptographic algorithms was published by the U.S. Department of
Commerce's National Institute of Standards and Technology ("NIST")
last year.
The widespread adoption of PQC is fuelled by the fear that
sensitive encrypted data harvested today, might one day be
compromised once powerful quantum computers emerge. This is a
critical concern for governments safeguarding secrets and
businesses handling sensitive and confidential information.
As well as PQC, the cybersecurity landscape is evolving,
necessitating the redesign of many ASICs. This is due to the
European Union's recently enacted Network and Information Security
("NIS2") directive. The NIS2 directive, now encompassing a wider
remit than the original Network and Information Security directive
released in 2016, now includes the manufacturing sectors for
critical products such as pharmaceuticals, medical devices, and
chemicals, as well as other critical services such as energy and
waste management, public electronic communication networks as well
as space and aerospace.
Ian Lankshear, Chief Executive Officer of EnSilica,
commented:
"EnSilica's commitment to technological innovation is reflected
in our comprehensive range of cryptographic accelerators IP to
address the next generation of cybersecurity threats.
The commercial licensing agreement with this major semiconductor
giant validates the intrinsic value of our intellectual property.
EnSilica not only licenses its IP to other semiconductor companies
but also leverages it in the development of custom ASICs which we
supply to our clients. Having such IP is a key differentiator for
EnSilica's ASIC business given the markets we address, as well as
for bringing in high margin IP licensing revenue."
(1) Cryptographic accelerator: a specialized hardware component
integrated into semiconductor devices, designed to efficiently
perform cryptographic operations, such as encryption and
decryption, faster, with lower-power and more securely than
software-based implementations.
For further information please contact:
EnSilica plc via Vigo Consulting
Ian Lankshear, Chief Executive Officer +44 (0)20 7390 0233
www.ensilica.com
Allenby Capital Limited, Nominated Adviser +44 (0)20 3328 5656
& Broker info@allenbycapital.com
Jeremy Porter / Vivek Bhardwaj (Corporate
Finance)
Joscelin Pinnington / Tony Quirke (Sales
& Corporate Broking)
Vigo Consulting (Investor & Financial Public +44 (0)20 7390 0233
Relations) ensilica @vigoconsulting.com
Jeremy Garcia / Kendall Hill
About EnSilica
EnSilica is a leading fabless design house focused on custom
ASIC design and supply for OEMs and system houses, as well as IC
design services for companies with their own design teams. The
company has world-class expertise in supplying custom RF, mmWave,
mixed signal and digital ICs to its international customers in the
automotive, industrial, healthcare and communications markets. The
company also offers a broad portfolio of core IP covering
cryptography, radar, and communications systems. EnSilica has a
track record in delivering high quality solutions to demanding
industry standards. The company is headquartered near Oxford, UK
and has design centres across the UK and in Bangalore, India and
Porto Alegre, Brazil.
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