SkyWater Technology, Inc.
NASDAQ Capital MarketCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Thomas J. Sonderman
- Full Time Employees
- 1,551
- Sector
- Technology
- Industry
- Semiconductors
- Address
- 2401 East 86th Street Bloomington MN United States of America 55425
- IPO Date
- Apr 21, 2021
- CIK
- 0001819974
- Website
- skywatertechnology.com
- Similar Companies
- Business
- SkyWater Technology, Inc. SkyWater Technology, Inc. (SKYT) operates as a U.S.-based pure-play semiconductor technology foundry, providing advanced engineering, development, manufacturing, and packaging services through its proprietary Technology as a Service (TaaS) model that enables customers to co-create process technology intellectual property for disruptive microelectronics and nanotechnology applications; core offerings encompass Advanced Technology Services (ATS) for custom process integration including mixed-signal CMOS, read-out integrated circuits (ROICs), radiation-hardened (rad-hard) integrated circuits, power discretes, micro-electromechanical systems (MEMS), superconducting integrated circuits, photonics, carbon nanotubes, interposers, and heterogeneous integration, alongside Wafer Services for volume production of silicon-based analog and mixed-signal devices, high-voltage components, and copper interconnects. The company serves diversified high-growth end markets such as aerospace and defense, automotive, biomedical and bio-health, industrial, advanced computation, quantum computing, and emerging deep-tech sectors, partnering with fabless firms, integrated device manufacturers (IDMs), and original equipment manufacturers (OEMs) across the United States from facilities including its headquarters and primary fabrication site in Bloomington, Minnesota, a center of excellence for quantum development, as well as expanded operations in Austin, Texas, and advanced packaging in Florida. Founded in 2017 through the acquisition of Cypress Semiconductor's foundry operations by Oxbow Industries and headquartered in Bloomington, Minnesota, SkyWater maintains DMEA-accredited Category 1A Trusted Supplier status as the sole U.S.-owned pure-play foundry emphasizing domestic manufacturing excellence. Recent major developments include the June 2025 acquisition of Infineon Technologies' Fab 25 facility in Austin, Texas, for $93 million—funded via a $350 million credit facility—quadrupling U.S. production capacity under a multiyear supply agreement valued over $1 billion while integrating Infineon's high-voltage and copper interconnect intellectual property into SkyWater's S130 platform to accelerate customer product transfers and multi-project wafer runs starting in 2026; accelerated quantum computing momentum with four new customer engagements since mid-2025, expansion of superconducting films, interposers, and chip integration capabilities, and plans to launch a superconducting design platform in the second half of 2025; record third-quarter 2025 results with quantum identified as the second-largest end market, forecasting over 30% revenue growth in 2025 and at least $600 million in 2026 alongside adjusted EBITDA of $60 million or more driven by quantum services, Fab 25 scaling, and reshoring incentives.
Company News
Deutsche Bank AG Makes New Investment in SkyWater Technology, Inc. $SKYT
BIP Wealth LLC Purchases New Shares in SkyWater Technology, Inc. $SKYT
California State Teachers Retirement System Raises Stock Position in SkyWater Technology, Inc. $SKYT
D-Wave Spikes 11% on Nasdaq Verafin Deal, IonQ Gains 9% After SkyWater Buyout, Rigetti Rises 7%
FTC approves IonQ acquisition of SkyWater semiconductor foundry
SkyWater Technology (SKYT) Moves 6.2% Higher: Will This Strength Last?
IonQ Completes Acquisition of SkyWater Technology
SkyWater Technology, Inc. (SKYT) Declines More Than Market: Some Information for Investors
SkyWater Technology, Inc. (SKYT) Stock Slides as Market Rises: Facts to Know Before You Trade
IonQ Receives Regulatory Approval to Complete Acquisition of SkyWater Technology
IonQ Receives Regulatory Approval to Complete Acquisition of SkyWater Technology
Investors Heavily Search SkyWater Technology, Inc. (SKYT): Here is What You Need to Know
SkyWater Technology, Inc. (SKYT) Laps the Stock Market: Here's Why
SkyWater Technology, Inc. (SKYT) Dips More Than Broader Market: What You Should Know
SkyWater Technology, Inc. (SKYT) Stock Drops Despite Market Gains: Important Facts to Note
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