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. filings document the regulatory record for a Nasdaq-listed Delaware semiconductor foundry with common stock trading under the symbol SKYT. The disclosures cover the company’s U.S. foundry operations, Technology as a Service model, advanced packaging, wafer services, capital structure and operating results.
SkyWater’s SEC filings include 8-K material-event reports, proxy and governance disclosures, shareholder voting records, material agreements, risk factors and financial-reporting notices. The filing record also documents capital-structure matters tied to its common stock and formal reporting items related to periodic results, corporate governance and securityholder approvals.
SkyWater Technology, Inc. reported sharply higher first-quarter 2026 revenue but remained unprofitable. Revenue rose to $160.7 million from $61.3 million a year earlier, driven mainly by the Fab 25 (SkyWater Texas) acquisition, which contributed $86.3 million of Wafer Services revenue.
Despite the growth, SkyWater posted a net loss attributable to the company of $12.3 million, compared with a $7.3 million loss in the prior-year quarter, as interest expense and operating costs increased. Adjusted EBITDA improved to $13.0 million, reflecting stronger scale and non‑cash revenue from a long‑term supply agreement.
SkyWater ended the quarter with $22.2 million in cash and cash equivalents and $182.4 million outstanding on its revolving credit facility, with $61.8 million of additional borrowing availability. The company also highlighted a pending cash‑and‑stock acquisition by IonQ, which remains subject to customary closing conditions and regulatory approvals.
IonQ reported record first-quarter 2026 results, delivering $64.7 million of GAAP revenue and raising full-year 2026 revenue guidance to $260–$270 million. Management highlighted 755% year‑over‑year revenue growth, expanding commercial and international demand, RPOs of $470 million, and continued investment in R&D and multi‑product sales.
The company reiterated full‑year adjusted EBITDA guidance of negative $310M to $330M, reported a GAAP net income of $805.4 million driven by a non‑cash ~$1.1 billion warrant mark‑to‑market, and said it expects the SkyWater acquisition to close subject to regulatory approvals.
SkyWater Technology, Inc. is soliciting stockholder votes in favor of its proposed merger with IonQ and urges holders to submit proxies for the May 8 Special Meeting. The definitive proxy statement/prospectus was mailed and the Form S-4 registration statement was declared effective on March 31, 2026.
The notice stresses electronic voting options and provides proxy solicitor contact information; it reminds stockholders that voting is important and that company directors and officers are listed as participants in the solicitation.
SkyWater Technology, Inc. recorded a Schedule 13G filing showing 2,440,628 shares of Common Stock beneficially owned by BlackRock, Inc., representing 5.1% of the class. The filing attributes ownership to certain Reporting Business Units of BlackRock and notes that various persons may have rights to dividends or sale proceeds.
The filing discloses BlackRock's voting and dispositive powers: sole voting power 2,384,969 shares and sole dispositive power 2,440,628 shares. The filing was signed by a Managing Director on 04/27/2026.
SkyWater Technology, Inc. is soliciting proxies for its 2026 virtual annual meeting on June 10, 2026, where stockholders will elect nine directors and vote on ratifying KPMG LLP as independent auditor for fiscal 2026. Only holders of 49,157,448 outstanding shares of common stock as of April 13, 2026 may vote.
The proxy explains that a pending merger with IonQ, Inc. would make SkyWater a wholly owned subsidiary of IonQ; if that merger closes before the meeting, the annual meeting will not be held because SkyWater’s common stock will no longer be outstanding. The filing also details board structure, committee roles, executive and director pay, related-party dealings with Oxbow affiliates, change-in-control and severance protections, a retention bonus program tied to the merger, internal-control remediation and a $14,350 executive bonus clawback after a revenue overbilling correction.
IonQ, Inc. reported that its previously announced merger agreement with SkyWater is under extended antitrust review after both parties received a Second Request from the U.S. Federal Trade Commission. The Second Request extends the HSR waiting period; the companies expect to respond promptly and continue to target closing in the second or third quarter of 2026, subject to HSR clearance and customary closing conditions.
SkyWater Technology, Inc. received an FTC Second Request on April 24, 2026 in connection with its previously disclosed merger agreement with IonQ, extending the HSR Act waiting period. The waiting period now runs until 30 days after both parties substantially comply with the Second Request. The companies expect the Mergers to close in the second or third quarter of 2026, subject to the HSR waiting period and other customary closing conditions.
SkyWater Technology, Inc. explains a new regulatory step affecting its planned acquisition by IonQ, Inc.. The U.S. Federal Trade Commission issued a “Second Request” for additional information under the Hart-Scott-Rodino Act, extending the antitrust waiting period.
The waiting period will now expire 30 days after both companies substantially comply with the Second Request, unless further extended or terminated earlier by the FTC. SkyWater and IonQ plan to respond promptly and continue cooperating with the FTC, and the companies still expect the mergers to close in the second or third quarter of 2026, subject to regulatory clearance and other customary conditions.
SkyWater Technology, Inc. executive Christopher Hilberg, Chief Risk & Compliance Officer, filed an amended Form 4 to correct clerical errors in previously reported tax-related share withholdings. On the original transaction date, shares of common stock were withheld at $9.23 per share to satisfy the issuer’s tax withholding obligations tied to vested restricted stock units under Rule 16b-3. The amendment clarifies that one withholding should have been 866 shares with post-transaction holdings of 39,656 shares, and another should have been 217 shares with post-transaction holdings of 40,522 shares. A footnote explains that, due to these earlier clerical errors, several subsequent Forms 4 understated Hilberg’s beneficial ownership by 1,462 shares.