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Finland’s Xiphera partners with Muspark Technologies to enter Indian markets
Industry News- Feb 14,23
Finnish company, Xiphera having seen large potential in the Indian space tech market, collaborates with Bangalore’s Muspark Technologies to increase its presence in the Indian technology market.
Finland company, Xiphera indulged in designing and implementing hardware-based security solutions and is stepping into the Indian technology market with a collaboration with Bangalore-based, Muspark Technologies. The announcement was made on February 14, 2023. Muspark Technologies is an Indian representative company focused on digital design in space, defence, communications, and industrial markets. It will now represent Xiphera in the Indian technology market with its extensive expertise in the field.
The growing high-tech market in India represents huge potential. Xiphera finds especially the space tech market as lucrative, as the industry is growing fast both in India and globally. Some estimates say that the number of satellites will grow to 100,000 by 2030. Space and satellite technology can be vulnerable to malicious attacks, and needs strong security, designed directly into the hardware. “We are highly excited to enter the Indian market for cryptographic hardware solutions”, said Tommi Lampila, Director, Business Development, Xiphera. “Our collaboration with Muspark offers our Indian customers local support for our portfolio of cryptographic IP for ASIC (Application Specific Integrated Circuit) and FPGA (Field Programmable Gate Array) circuits.”
Xiphera’s new product family, ‘xQlave’ is quantum-secure cryptographic IP cores and is especially relevant in the space tech industry. Space tech solutions have long deployment life cycles, and the threat of quantum computers is already driving the design of quantum-safe security solutions today. Therefore, post-quantum cryptography needs to be applied already to the design of current space and satellite solutions.
“We are pleased to collaborate with Xiphera to address the security needs in the new space as well as traditional space applications that use reprogrammable Radiation Tolerant and Commercial off-the-shelf (COTS) FPGAs”, said Parag Kulkarni, Founder and Director, Muspark Technologies. “Sectors like banking, healthcare and government in India will see heavy involvement of space technology in the coming five years and now is the time to start the quantum-safe journey with Xiphera’s xQlave product family.”
Xiphera
Finland
Muspark Technologies
Bangalore
Tommi Lampila
Parag Kulkarni
xQlave
Space Tech Industry
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