Welcome to our dedicated page for Skywater Technology SEC filings (Ticker: SKYT), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
SkyWater Technology, Inc. (NASDAQ: SKYT) files a range of U.S. Securities and Exchange Commission (SEC) documents that shed light on its operations as a U.S.-based semiconductor manufacturer and pure-play technology foundry. This page brings together those filings so readers can review the company’s regulatory disclosures in detail, with AI-powered tools available on Stock Titan to help interpret complex reports.
In its periodic reports such as Forms 10-Q and 10-K, SkyWater provides information on its Technology as a Service model, Advanced Technology Services (ATS) development revenue, wafer services revenue and tools revenue. These filings also describe its segment structure, including Legacy SkyWater and SkyWater Texas following the acquisition of the Fab 25 business in Austin, Texas, along with discussions of gross margins, operating expenses and liquidity.
Current reports on Form 8-K and 8-K/A document material events, including the completion of the Fab 25 acquisition, the amended and restated loan and security agreement providing a revolving credit facility, and quarterly earnings announcements. An NT 10-Q (Form 12b-25) filing explains the company’s notification of a delayed quarterly report due to immaterial corrections of prior-period ATS revenue, illustrating how SkyWater addresses financial reporting matters.
On Stock Titan, users can review these filings alongside AI-generated summaries that highlight key points from lengthy documents, such as risk factor changes, segment updates or revenue composition. Real-time updates from EDGAR ensure that new 10-Q, 10-K and 8-K filings are reflected promptly, while access to other forms, including any future proxy or insider-related filings, helps investors track governance and capital structure developments for SKYT.
IonQ and SkyWater Technology describe a pending transaction under which SkyWater would become a wholly owned subsidiary of IonQ, creating what they position as a vertically integrated quantum technology company. The message to employees emphasizes combining IonQ’s quantum computing technologies with SkyWater’s onshore R&D, semiconductor manufacturing and development services.
Management highlights goals such as building a full quantum ecosystem spanning computing, networking, sensing and security, while maintaining SkyWater’s role as a pure-play semiconductor foundry and merchant supplier. The communication stresses support for existing customers, U.S. government relationships, intellectual property security, and joint participation in national security–related quantum programs, while noting that the deal remains subject to stockholder, regulatory and other customary approvals.
IonQ plans to acquire SkyWater Technology in a $1.8 billion deal to build a fully integrated U.S. quantum platform. IonQ would buy 100% of SkyWater for $35.00 per share, paid as $15.00 in cash and $20.00 in IonQ stock, subject to a collar.
SkyWater would operate as a wholly owned subsidiary, keeping its CEO and U.S. foundry operations in Minnesota, Florida, and Texas. IonQ highlights SkyWater’s trusted, onshore semiconductor manufacturing as key to faster chip iteration, lower qubit costs, and an “end‑to‑end” quantum supply chain. IonQ’s roadmap now targets functional testing of 200,000‑qubit processors, enabling 8,000 logical qubits, in 2028 and advancing a multi‑million‑qubit goal.
The combination is framed as strengthening U.S. quantum infrastructure and allowing both companies to keep serving external customers as merchant suppliers. Completion depends on SkyWater stockholder approval, regulatory clearances, and other customary conditions, and both companies caution that expected benefits and timing involve significant risks and uncertainties.
IonQ plans to acquire SkyWater Technology, creating a vertically integrated quantum technology company that combines IonQ’s quantum platform with SkyWater’s U.S.-based semiconductor foundry capabilities. The companies say this would support next-generation quantum chips and strengthen IonQ’s role as a partner to the U.S. government and allies.
The transaction is based on a definitive agreement and is expected to close in the second or third quarter of 2026, subject to customary conditions including regulatory reviews and approval by SkyWater stockholders. The communication emphasizes potential benefits such as faster development of mission-critical quantum applications, while also listing extensive risks, including possible failure to obtain approvals, integration challenges, business disruptions, litigation and uncertainty about the long-term value of IonQ shares.
SkyWater Technology, Inc. has entered into a definitive agreement to be acquired by IonQ, Inc., creating what the companies describe as a vertically integrated, full-stack quantum platform. After closing, SkyWater is expected to become a wholly owned subsidiary of IonQ while continuing to operate as a pure-play global semiconductor foundry and merchant supplier.
The companies state that SkyWater will remain committed to its aerospace, defense and commercial customers, advanced technology services, wafer services and advanced packaging, with existing leadership, including CEO Tom Sonderman, remaining in place. The transaction is expected to close in the second or third quarter of 2026, subject to SkyWater stockholder approval, required regulatory clearances and other customary conditions, and management emphasizes that operations remain “business as usual” until then.
The communications highlight potential benefits from combining SkyWater’s U.S.-based manufacturing footprint and engineering talent with IonQ’s quantum computing, networking, security and sensing capabilities, including using SkyWater’s Minnesota, Florida and Texas sites as regional quantum production hubs. Extensive forward-looking statements outline risks that the deal may not close, possible business disruption, impacts on employee retention, customer and supplier relationships, legal proceedings and broader macroeconomic and regulatory factors.
SkyWater Technology agreed to be acquired by IonQ through a two-step merger that will leave SkyWater as an indirect, wholly owned subsidiary of IonQ. Each SkyWater share will be converted into $15.00 in cash plus IonQ stock based on an exchange ratio equal to $20.00 divided by IonQ’s 20-day volume-weighted average price, capped at 0.3326 IonQ shares and floored at 0.5265 IonQ shares per SkyWater share, plus cash for any fractional shares.
The deal requires SkyWater stockholder approval, U.S. antitrust clearance and other customary conditions, but has no financing condition. If certain competing bid or recommendation-change scenarios occur, SkyWater must pay IonQ a $51,573,958.07 termination fee. If the merger fails solely due to antitrust or timing past January 25, 2027, IonQ has agreed to buy 2,857,143 newly issued SkyWater shares. A voting agreement covers holders with about 19.87% of SkyWater’s voting power in favor of the transaction.
SkyWater Technology, Inc. agreed to be acquired by IonQ, Inc. in a cash-and-stock merger. Each SkyWater share will be converted into the right to receive $15.00 in cash plus IonQ common stock with a value target of $20.00 per share, delivered as a number of IonQ shares based on a 20‑day volume‑weighted average price. The stock portion is subject to collars, with an exchange ratio of 0.3326 IonQ shares if the IonQ trading price is at least $60.13 and 0.5265 IonQ shares if it is at most $37.99.
The transaction uses a two‑step merger structure that will leave SkyWater as an indirect wholly owned subsidiary of IonQ, and the SkyWater board has unanimously approved the deal and recommended it to stockholders. Closing requires SkyWater stockholder approval, antitrust clearance, absence of legal blocks, and satisfaction of customary representations, warranties and covenants, but is not subject to a financing condition.
If certain deal‑failure scenarios occur following a competing proposal, SkyWater must pay IonQ a $51,573,958.07 termination fee2,857,143 newly issued SkyWater shares, and will be subject to standstill restrictions for up to two years. Upon closing, SkyWater shares will be delisted from Nasdaq and deregistered.
IonQ, Inc. has agreed to acquire SkyWater Technology for $35.00 per share in a cash-and-stock transaction. The companies describe this as a historic step that would create a first-of-its-kind, vertically integrated quantum technology company, combining IonQ’s quantum computing, networking, security and sensing technologies with SkyWater’s onshore semiconductor R&D and manufacturing platform.
SkyWater is expected to continue operating as a pure-play global semiconductor foundry and merchant supplier, while also providing technology building blocks for areas such as artificial intelligence, electrification, IoT and health diagnostics. Upon closing, SkyWater would be able to offer IonQ’s quantum sensors and networking solutions to its customers.
The transaction is expected to close later this year, subject to regulatory and shareholder approvals. IonQ plans to file a Form S-4 registration statement that will include a proxy statement/prospectus for SkyWater stockholders, and both companies highlight extensive forward-looking risks around approvals, integration, business disruption and potential litigation.
IonQ has agreed to acquire U.S. chip foundry SkyWater Technology in a cash-and-stock transaction valued at around $1.8 billion. The deal is positioned as IonQ’s largest acquisition and is intended to accelerate its quantum computing roadmap, including bringing its planned two million qubit chip forward by about a year and targeting full fault-tolerant chips in 2028. IonQ plans to use SkyWater’s U.S.-based manufacturing to secure its semiconductor supply chain, lower costs and increase wafer production across quantum networking, sensing, security and computing products.
The companies highlight SkyWater’s existing work on classified and government programs and IonQ’s relationships with U.S. government agencies and Fortune 500 customers as areas of anticipated synergy. The transaction remains subject to regulatory and SkyWater stockholder approvals and other customary closing conditions, and both parties outline extensive forward-looking risks that could affect completion and the expected benefits.
IonQ, a quantum-computing company, plans to acquire chip maker SkyWater Technology in a cash-and-stock deal valued at roughly $1.8 billion. SkyWater shareholders are expected to receive $35 per share, made up of $15 in cash and $20 in IonQ stock, with the stock portion subject to a collar to limit changes in deal value if IonQ’s share price moves. The price represents an increase over SkyWater’s recent closing price of $31.32. IonQ says the combination will create a “vertically integrated quantum platform business,” pairing its trapped-ion quantum-computing hardware and software with SkyWater’s U.S.-based semiconductor foundry. SkyWater is expected to remain a neutral foundry and operate as a wholly owned subsidiary, led by its current CEO, reporting to IonQ’s CEO. The transaction is subject to stockholder and regulatory approvals and other customary closing conditions.
IonQ, Inc. and SkyWater Technology, Inc. describe a proposed business transaction and the related SEC filing process. IonQ plans to file a Form S-4 registration statement that will include a prospectus for new IonQ common shares to be issued in the deal, along with a joint proxy statement/prospectus for SkyWater stockholders. SkyWater plans to file a proxy statement so its stockholders can vote on the transaction. The communication stresses that investors should read the future registration statement and proxy materials because they will contain important details about the transaction and the interests of directors and executives.
The text also includes extensive forward-looking statement cautions, listing numerous risks that could cause actual results or the timing and benefits of the transaction to differ, such as failure to obtain stockholder or regulatory approvals, difficulties integrating the businesses, potential litigation, business disruption, loss of key personnel or relationships, economic and regulatory changes, and failure to receive SkyWater stockholder approval.