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, Inc. has agreed to acquire SkyWater Technology for $35.00 per share in a cash-and-stock merger. Each SkyWater share is expected to be exchanged for $15.00 in cash and $20.00 in IonQ common stock at closing.
The stock portion is subject to a collar: SkyWater holders will receive IonQ stock valued at $20.00 per SkyWater share based on IonQ’s 20-day VWAP, unless that price is above $60.13, when the exchange ratio is fixed at 0.3326 IonQ shares, or below $37.99, when the ratio is fixed at 0.5265 IonQ shares. After closing, SkyWater shareholders are expected to own between 4.4% and 6.7% of the combined company.
The transaction is expected to close in the second or third quarter of 2026, subject to regulatory reviews and approval by SkyWater stockholders, and both companies will operate separately until then. IonQ and SkyWater are hosting a joint investor webinar to discuss the deal, and extensive forward-looking statement and risk disclosures highlight potential closing, integration and market uncertainties.
IonQ plans to acquire SkyWater Technology in a $1.8 billion cash-and-stock transaction, creating a fully vertically integrated, U.S.-based quantum platform. SkyWater will become a wholly owned subsidiary, continuing to operate as a merchant semiconductor foundry for existing and new customers while supporting IonQ’s quantum computing, networking, sensing, and security roadmap. Management highlights SkyWater’s onshore, DMEA‑accredited facilities and technology‑as‑a‑service model as key to faster, more secure chip development for mission‑critical government and commercial uses. IonQ expects to cut cycle times for its 256‑qubit chip from nine months to two months and to begin functional testing of a 200,000‑qubit chip in 2028, with its 2 million‑qubit chip timeline pulled forward by up to a year, subject to approvals and successful integration.
SkyWater Technology has agreed to be acquired by IonQ in a cash-and-stock deal that values SkyWater at approximately $1.8 billion. SkyWater stockholders will receive $35.00 per share, consisting of $15.00 in cash and $20.00 in IonQ common stock per SkyWater share, with the stock portion subject to a collar based on IonQ’s volume-weighted average price before closing.
The purchase price represents a 38.0% premium to SkyWater’s 30‑day volume‑weighted average share price as of January 23, 2026. After closing, SkyWater will operate as a wholly owned subsidiary of IonQ under the SkyWater name, with Thomas Sonderman continuing to lead the business and report to IonQ CEO Niccolo de Masi. The transaction has been unanimously approved by both boards and is expected to close in the second or third quarter of 2026, subject to SkyWater stockholder and regulatory approvals and other customary conditions.
SkyWater Technology, Inc. has agreed to be acquired by IonQ, Inc. under an Agreement and Plan of Merger signed on January 25, 2026. A first-step merger will combine SkyWater with IonQ’s wholly owned subsidiary Iris Merger Subsidiary 1 Inc., after which SkyWater will become a wholly owned subsidiary of IonQ. Immediately afterward, SkyWater will merge into a second IonQ subsidiary, Iris Merger Subsidiary 2 LLC, which will remain as the surviving company under IonQ’s control.
IonQ plans to file a Registration Statement on Form S-4 with the SEC, including a prospectus for the IonQ common stock to be issued and a joint proxy statement/prospectus for SkyWater stockholders, who will receive detailed terms and voting materials. The report also highlights that completion of the transaction is subject to conditions such as required regulatory approvals and cautions that the deal may not close, outlining risks such as potential business disruption and stock price effects if the merger is not consummated.
SkyWater Technology, Inc. (SKYT) filed a Form 4 reporting insider share sales. Director and 10% owner Loren A. Unterseher, through affiliated entities, reported selling 100,000 shares of common stock on November 21, 2025 at a weighted average price of $14.1264, with individual trade prices ranging from $14.00 to $14.29 per share. He reported another sale of 100,000 shares on November 24, 2025 at a weighted average price of $14.5267, with trade prices ranging from $14.50 to $14.62 per share. The filing also details substantial remaining direct and indirect holdings, including shares held via grantor retained annuity trusts, family trusts, and a spouse, indicating that he continues to be a significant shareholder and insider.
SkyWater Technology (SKYT)11/21/2025, the reporting person sold 5,210 shares of SkyWater common stock at a weighted average price of $13.381 per share. After this transaction, the insider beneficially owns 521,757 shares of the company’s common stock in direct form.
The filing notes that the reported sale price is an average across multiple trades, with individual sale prices ranging from $13.11 to $13.51 per share. This is a routine insider transaction disclosure required under securities regulations and does not, by itself, explain the insider’s reasons for selling.
SkyWater Technology, Inc. (SKYT) insider activity was reported involving a small stock sale. On 11/18/2025, a reporting person affiliated with CMI Oxbow Partners, LLC sold 9,662 shares of SkyWater common stock in an open-market transaction coded as a sale. The weighted average sale price was $16.2559 per share, with individual trade prices ranging from $16.25 to $16.39.
Following this transaction, 4,787,394 shares of common stock are reported as beneficially owned directly, with additional indirect holdings through various trusts and entities, including a family irrevocable trust, a 2024 grantor retained annuity trust, revocable trusts, and separate trusts for the benefit of the reporting person’s daughter and son. The reporting person is identified as both a director and a 10% owner of SkyWater Technology, Inc.
SkyWater Technology, Inc. (SKYT) reported an insider stock sale by its Chief Financial Officer. On 11/14/2025, the CFO sold 50,000 shares of common stock in an open market transaction coded as a sale. The weighted average sale price was $17.398 per share, with individual trades occurring between $17.235 and $17.615. After this transaction, the CFO beneficially owned 277,122 shares of SkyWater common stock directly.
SkyWater Technology, Inc. (SKYT) reported an insider stock transaction by its CEO and director. On 11/14/2025, the reporting person sold 5,207 shares of common stock at a price of $17 per share, as shown in Table I of the filing. After this sale, the insider continued to beneficially own 526,967 shares of SkyWater common stock, which are reported as directly held. The transaction was reported on a Form 4 filed for a single reporting person and reflects a routine change in the insider's ownership position.
SkyWater Technology (SKYT) director and 10% owner Loren A. Unterseher reported several changes in his indirect and direct ownership of common stock. On October 3, 2025, multiple gifts or transfers (coded G) moved large blocks of shares among a 2023 grantor retained annuity trust, trusts for his son and daughter, and a revocable trust, all at a reported price of $0 per share. On November 13, 2025, he sold 2,200 shares at a weighted average price of $20.5472, followed by a sale of 12,000 shares on November 17, 2025 at a weighted average price of $17.451. The filing notes that, since his last ownership report, 2,000,000 shares were transferred to his former spouse under a domestic relations order, and that certain shares are held through CMI Oxbow Partners, LLC, Oxbow Industries, LLC, a family irrevocable trust, and other family-related trusts.