Earnings summaries and quarterly performance for SkyWater Technology.
Executive leadership at SkyWater Technology.
Board of directors at SkyWater Technology.
Research analysts who have asked questions during SkyWater Technology earnings calls.
RS
Richard Shannon
Craig-Hallum Capital Group LLC
4 questions for SKYT
Also covers: AEVA, ALAB, AMBA +21 more
RA
Robert Aguanno
Piper Sandler & Co.
3 questions for SKYT
Also covers: GSIT, QBTS
ND
Nicolas Doyle
Needham & Company, LLC
2 questions for SKYT
Also covers: CRNC, LSCC, MX +9 more
SS
Sreekrishnan Sankarnarayanan
Wolfe Research, LLC
2 questions for SKYT
Also covers: AAPL, AEIS, AMAT +21 more
HK
Harsh Kumar
Piper Sandler & Co.
1 question for SKYT
Also covers: ADI, AMD, AVGO +10 more
Neil Young
Needham & Company
1 question for SKYT
Also covers: MRAM, MTSI, SYNA +1 more
QB
Quinn Bolton
Needham & Company, LLC
1 question for SKYT
Also covers: ALAB, ALGM, AMBA +22 more
RM
Robert Mertens
TD Cowen
1 question for SKYT
Also covers: AEIS, COHU, FORM +3 more
SC
Steven Chin
TD Cowen
1 question for SKYT
Also covers: ARM, HPQ, RGTI
Recent press releases and 8-K filings for SKYT.
Investigation Launched into SkyWater Technology's Sale to IonQ
SKYT
M&A
Legal Proceedings
Takeover Bid
- Monteverde & Associates PC is investigating the sale of Skywater Technology, Inc. (NASDAQ: SKYT) to IonQ, Inc.
- Under the terms of the proposed transaction, Skywater shareholders are expected to receive $15.00 per share in cash and $20.00 in shares of IonQ common stock.
- Monteverde & Associates PC, recognized as a Top 50 Firm in the 2024 ISS Securities Class Action Services Report, recovers money for shareholders and is headquartered in the Empire State Building.
13 hours ago
SkyWater Technology Under Investigation Following Acquisition Agreement
SKYT
M&A
Legal Proceedings
- Brodsky & Smith is investigating SkyWater Technology, Inc. (SKYT) regarding its acquisition by IonQ.
- Under the merger agreement, IonQ will acquire SkyWater for $35.00 per share in a cash-and-stock transaction, implying a total equity value of approximately $1.8 billion.
- The investigation concerns whether SkyWater Technology's Board breached its fiduciary duties to shareholders, as the deal consideration is below the company's 52-week high of $36.27.
1 day ago
SkyWater Technology, Inc. Enters Merger Agreement
SKYT
M&A
Takeover Bid
- SkyWater Technology, Inc. has entered into a Merger Agreement.
- The Company's board of directors has unanimously approved the Merger Agreement and recommends its adoption by stockholders.
- As of January 22, 2026, the company's capitalization included: | Metric | Q4 2025 (as of Jan 22, 2026) | |---|---| | Company Common Stock Outstanding (Shares) | 48,625,689 | | Company Options (Shares) | 2,136,305 | | Company RSU Awards (Shares) | 1,315,420 | | Company Director RSU Awards (Shares) | 91,424 | | Shares Reserved for ESPP (Shares) | 246,643 | | Additional Shares Reserved for Equity Incentive Plan (Shares) | 3,907,772 |
- In the event of an "Antitrust Termination," the Parent company will purchase $100,000,000 in Investment Shares from SkyWater Technology, Inc., which serves as the sole remedy for the Company in such a scenario.
Jan 26, 2026, 10:00 PM
IonQ Announces Acquisition of SkyWater Technology
SKYT
M&A
New Projects/Investments
Jan 26, 2026, 1:30 PM
IonQ to Acquire SkyWater Technology
SKYT
M&A
- IonQ, Inc. (NYSE: IONQ) intends to acquire 100% of SkyWater Technology, Inc. (NASDAQ: SKYT).
- The acquisition is valued at an equity value of $1.8 billion, or $35.00 per share of SkyWater.
- The consideration mix for the acquisition is $15.00 cash and $20.00 stock per share.
- SkyWater will operate as a wholly-owned subsidiary of IonQ, with its current CEO remaining in place to lead the subsidiary.
- The transaction is subject to SkyWater shareholder and regulatory approval, with an expected close in Q2 – Q3 2026.
Jan 26, 2026, 1:30 PM
IonQ to Acquire SkyWater Technology
SKYT
M&A
New Projects/Investments
- IonQ announced its acquisition of SkyWater Technology for $1.8 billion, comprising a mix of cash and stock consideration.
- This transaction aims to create a fully vertically integrated US-based quantum platform, enhancing IonQ's capabilities across quantum computing, networking, sensing, and security.
- The acquisition is expected to accelerate IonQ's product development roadmap, including pulling forward the functional testing of its 200,000-qubit chip to 2028 and its 2 million-qubit chip by up to a year.
- Post-acquisition, SkyWater will operate as a wholly owned subsidiary, continuing as a merchant supplier while integrating with IonQ, with Thomas Sonderman leading the subsidiary.
Jan 26, 2026, 1:30 PM
IonQ to acquire SkyWater Technology
SKYT
M&A
New Projects/Investments
- IonQ is acquiring SkyWater Technology for $1.8 billion in a mix of cash and stock consideration.
- The acquisition aims to create a fully vertically integrated US-based quantum platform, enhancing innovation, security, and manufacturing capacity.
- SkyWater will operate as a wholly owned subsidiary, continuing its role as a merchant supplier to the industry.
- The transaction is expected to accelerate IonQ's quantum computing roadmap, reducing the time from design to first samples for its 256-qubit chip from 9 months to 2 months, and enabling functional testing of the first 200,000-qubit chip samples in 2028.
- This will also pull forward the 2 million qubit chip by up to a year.
Jan 26, 2026, 1:30 PM
SkyWater Technology to be Acquired by IonQ
SKYT
M&A
New Projects/Investments
- IonQ will acquire SkyWater Technology for $35.00 per share in a cash-and-stock transaction, implying a total equity value of approximately $1.8 billion.
- SkyWater shareholders will receive $15.00 in cash and $20.00 in shares of IonQ common stock per share, subject to a collar, and are expected to own between 4.4% and 6.7% of the combined company.
- The acquisition aims to create the only vertically integrated full-stack quantum platform company, accelerating IonQ's quantum computing roadmap and securing its supply chain domestically.
- The transaction is expected to close in the second or third quarter of 2026, pending approval by SkyWater shareholders and regulatory approvals.
Jan 26, 2026, 11:07 AM
SkyWater Technology Reports Record Q3 2025 Revenues and Strong Q4 2025 Guidance
SKYT
Guidance Update
Revenue Acceleration/Inflection
M&A
- SkyWater Technology reported record Q3 2025 total revenues of $150.7 million, surpassing guidance by over $9 million, driven by stronger-than-forecast SkyWater Texas Wafer Services and ATS revenue pull-ins.
- The company demonstrated strong profitability in Q3 2025, achieving a GAAP gross margin of 24.0% and Adjusted EBITDA of $25.8 million.
- For Q4 2025, SkyWater Technology projects total revenues in the range of $155 million to $165 million, with expectations for a stronger gross margin profile and Adjusted EBITDA compared to previous outlooks.
- Growth is further supported by strong momentum in quantum computing, with four new Advanced Technology Services (ATS) engagements signed since Q2 and an anticipated over 30% revenue growth in quantum computing related revenues in 2025.
Jan 14, 2026, 6:30 PM
SkyWater Technology Outlines 2026 Revenue Expectations and Growth Drivers
SKYT
Guidance Update
New Projects/Investments
Revenue Acceleration/Inflection
- SkyWater Technology (SKYT) anticipates approximately $600 million in total revenue for 2026, with its Fab 25 facility in Texas projected to generate around $80 million per quarter.
- The company's quantum computing business, a significant growth driver, expanded by adding four new customers in 2025, reaching a total of seven, and expects continued strong growth in 2026 and 2027.
- SkyWater is on track with its $120 million U.S. government-funded advanced packaging program in Florida, with prototypes expected to be available in the second half of 2026.
- Key priorities for 2026 include developing A&D platforms and the quantum foundry in Minnesota, scaling the advanced packaging platform in Florida, and transitioning Fab 25 in Texas to a foundry model with new customers, all with an aim towards profitability.
Jan 14, 2026, 6:30 PM
Quarterly earnings call transcripts for SkyWater Technology.
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