New E-Licenser

I’m thinking on purchasing a new E-License for Cubase Pro 9.5, as my current one is one I’ve had for a fair amount of time and it’s close to falling apart on me.

Will I have to register a new license for Cubase upon receiving my E-Licenser? Or can I simply transfer my license to the new dongle?

in the Elicenser control center you’ll register the new USB key, and then drag the license from one key to the other.