Cannot connecting to a pure WPA3-SAE access point

I am trying to get wpa_supplicant on a Raspberry Pi 4 (Arch ARM uses
v2.9 or Raspbian buster which uses 2.8-dev) to connect to my WPA3-SAE
access point, but I get the following errors:

# wpa_supplicant -i wlan0 -c /etc/wpa_supplicant/blast.conf
Successfully initialized wpa_supplicant
wlan0: Trying to associate with SSID 'blast'
wlan0: WPA: Failed to select authenticated key management type
wlan0: WPA: Failed to set WPA key management and encryption suites

Note that I can use the very same config file on my laptop (Arch Linux
x86_64) and wpa_supplicant is able to connect without issue so I am
wondering what might be missing on the RPi4 (kernel config, missing
dependency etc.) that would cause this.

Here is the config file:
# cat /etc/wpa_supplicant/blast.conf
ctrl_interface=/run/wpa_supplicant
country=US

network={
 ssid="blast"
 sae_password="mypassword"
 key_mgmt=SAE
 ieee80211w=2
}