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Anemoi International Ltd (AMOI)
Kigen / Trasna JV & Reverse Takeover Update
06-March-2026 / 07:30 GMT/BST
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Anemoi International Ltd
(Reuters: AMOI.L, Bloomberg: AMOI:LN)
("Anemoi" or the "Company")
Kigen / Trasna JV
&
Reverse Takeover Update
Anemoi is pleased to note the latest strategic announcement from Trasna,
in which the Company has entered into a share purchase agreement to
acquire 100% of the Trasna Group of companies for a total consideration of
$150m by way of a reverse takeover.
( 1 https://www.trasna.io/blog/kigen-trasna-esim-managed-services)
Trasna is a leader in the high growth eSIM secure provisioning segment,
enabling enterprises and their customers to embrace IoT connectivity
through ensuring high-assurance security, efficiency and automation, at
scale.
The eSIM market alone is forecast to grow to $5.8bn by 2030 from $1.2bn in
2024, implying a CAGR of almost 30%, driven by technology advancements and
the increasing adoption of IoT across both enterprises and consumers.
This strategic collaboration between Trasna and Kigen, two leaders in eSIM
secure provisioning technology, will create a go to market solution in the
delivery of a top-tier eSIM managed service with geo-redundancy.
Kigen – Trasna JV Announcement 27 February 2026
“Cambridge, Dubai/London — 27th February 2026: Trasna and Kigen today
announced an expanded strategic collaboration focused on eSIM managed
services and secure data management for eSIMs, including over-the-air
subscriptions and device management.
The joint offering combines the companies’ eSIM server expertise to
deliver a managed service with geo-redundancy with secure servers in
Dublin and Dubai, 24x7 customer support, and enhanced operations and
maintenance—helping enterprises simplify mass-scale IoT with a focus on
security, efficiency, and automation.
As IoT becomes essential to modern operations at scale, converging
cybersecurity regulations are increasing the need to integrate security
lifecycle management into the software stack. In this environment, eSIMs
are increasingly seen as a digital trust anchor for managing identity,
credentials, and subscriptions across globally distributed deployments.
Trasna and Kigen are recognized leaders in eSIM provisioning,
orchestration, and entitlement services, with deep experience in remote
provisioning and standards implementation, including GSMA SGP.32 readiness
and automation. Kigen achieved the industry’s first GSMA-compliant server
for the Kigen eIM in 2025, the key SGP.32 component simplifying eSIM
lifecycle management, including deployment, monitoring, and updates.
Trasna has a strong established base with 20 billion SIM, eSIM and
profiles delivered.
Trasna delivers end-to-end IoT cellular connectivity solutions spanning
cellular IoT modules, SIM/eSIM and related services, and device management
platforms. Trusted by over 250 brands across 80+ countries, Trasna
combines deep technical expertise with integrated chip-to-cloud
capabilities to simplify connectivity, enhance control, and support
scalable, future-ready deployments. By uniting hardware and cloud-based
lifecycle management, Trasna enables customers to drive efficiency,
innovation, and long-term competitive advantage.
Stéphane Fund, CEO of Trasna:
“Our expanded collaboration with Kigen reflects the scale and maturity the
IoT market now demands. As enterprises accelerate SMDP+ adoption and
prepare for GSMA SGP.32-driven automation, they require secure, resilient,
and fully managed eSIM infrastructure. Together with Kigen, we are
combining proven server expertise, geo-redundant operations and deep
lifecycle management capabilities to deliver a trusted, enterprise-grade
eSIM managed service that simplifies global IoT at scale.”
Vincent Korstanje, CEO of Kigen:
“By strengthening this collaboration, Trasna and Kigen have created a
managed service that combines the eSIM server performance and dedicated
environments, including high-quality security assurances with a wide
customer base. This enables customers to rapidly launch and scale eSIM
solutions, reduce infrastructure costs, and contribute to the expansion of
our customers’ businesses. We are confident that this initiative is an
innovative step to catalyzing eSIM utilization.”
With expanded joint delivery capability and customer reach, the companies
aim to accelerate adoption and strengthen market influence as IoT eSIM
deployments scale worldwide.”
Commenting, Duncan Soukup, Anemoi Chairman, said:
“I am extremely pleased to see the collaboration announcement between
Trasna and Kigen, both of which are market leaders in their own right.
This collaboration provides the potential to accelerate their penetration
in the high growth global eSIM market.”
“It is our understanding that Trasna hopes to compete for up to 10% to 15%
of the eSIM market, estimated to amount to $5.8bn by 2030, which has the
potential to represent a very substantial annual revenue opportunity for
the Company over the medium to long term”
Further information on the eSIM market can be found here:
2 eSIM Subscription Market Size and Share Forecast Outlook 2025 to 2035
3 eSIM Market (2025 - 2033)
4 Global e-SIM market surge
About Trasna
Trasna is a global IoT technology company that provides end‑to‑end,
chip‑to‑cloud mobile connectivity solutions spanning semiconductor design,
SIM, eSIM, iSIM/SoC, cellular IoT modules, and full device‑ and
subscription‑management platforms. Its offering includes secure SIM and
eSIM technologies, ultra‑compact cellular IoT modules, cloud‑based eSIM
and device‑management services, and integrated System‑on‑Chip solutions
featuring RISC‑V cores and embedded security. By combining hardware,
software, and lifecycle management into one vertically integrated stack,
Trasna enables organisations to deploy scalable, efficient, and secure IoT
solutions across industries, serving over 250 brands in 80+ countries.
5 www.trasna.io
About Kigen
Kigen is a security‑focused IoT connectivity technology provider that
delivers SIM, eSIM and integrated SIM (iSIM) operating systems, along with
remote SIM provisioning tools, to enable trusted digital identities and
scalable cellular connectivity for connected devices. The company’s
solutions simplify SIM delivery and lifecycle management across the IoT
value chain, supporting global connectivity, secure device onboarding, and
cost‑efficient manufacturing through technologies such as eSIM OS, iSIM,
and in‑factory profile provisioning. Its products are industry‑accredited,
standards‑compliant, and power billions of devices worldwide, helping
OEMs, enterprises, and service providers deploy secure, flexible, and
energy‑efficient IoT systems at scale. 6 www.kigen.com
END
Anemoi International Ltd 7 www.anemoi-international.com
Enquiries 8 enquiries@anemoi-international.com
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Dissemination of a Regulatory Announcement that contains inside
information in accordance with the Market Abuse Regulation (MAR),
transmitted by 9 EQS Group.
The issuer is solely responsible for the content of this announcement.
View original content: 10 EQS News
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ISIN: VGG0419A1057
Category Code: MSCL
TIDM: AMOI
LEI Code: 213800MIKNEVN81JIR76
Sequence No.: 420142
EQS News ID: 2286742
End of Announcement EQS News Service
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