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.
Positive
None.
Negative
None.
Insights
BlackRock reports a passive 5.1% stake via its Reporting Business Units.
BlackRock's Schedule 13G shows beneficial ownership of 2,440,628 shares (5.1%). The filing states these holdings are reported for certain Reporting Business Units and may exclude other BlackRock units. Voting and dispositive counts are provided verbatim.
Ownership is characterized as passive by the choice of Schedule 13G filing form; any changes in voting or activism would be disclosed in subsequent filings if they occur.
Disclosure highlights fiduciary complexity and pooled-client holdings.
The filing notes that various persons have rights to dividends or proceeds and that no single outside person holds >5% through those arrangements. This language is consistent with pooled investment vehicles where beneficial ownership reflects client accounts rather than a single controlling investor.
Watch for amendments or Schedule 13D if BlackRock's role or intentions change; current documentation presents standard institutional reporting.
Key Figures
Shares beneficially owned:2,440,628 sharesPercent of class:5.1%Sole voting power:2,384,969 shares+2 more
5 metrics
Shares beneficially owned2,440,628 sharesAmount beneficially owned reported in Item 4
Percent of class5.1%Percent of class reported in Item 4
Sole voting power2,384,969 sharesItem 4(i) sole power to vote
Sole dispositive power2,440,628 sharesItem 4(iii) sole power to dispose
Signature date04/27/2026Filing signed by Managing Director
Key Terms
Schedule 13G, beneficially owned, sole dispositive power, Reporting Business Units
4 terms
Schedule 13Gregulatory
"In accordance with SEC Release No. 34-39538 (January 12, 1998)"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
beneficially ownedfinancial
"Amount beneficially owned: 2440628"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
sole dispositive powerfinancial
"Sole Dispositive Power 2,440,628.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Reporting Business Unitscorporate
"reported by certain business units (collectively, the "Reporting Business Units")"
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
SkyWater Technology, Inc
(Name of Issuer)
Common Stock
(Title of Class of Securities)
83089J108
(CUSIP Number)
03/31/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
83089J108
1
Names of Reporting Persons
BlackRock, Inc.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
2,384,969.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
2,440,628.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
2,440,628.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.1 %
12
Type of Reporting Person (See Instructions)
HC
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
SkyWater Technology, Inc
(b)
Address of issuer's principal executive offices:
2401 East 86th Street Bloomington MN 55425
Item 2.
(a)
Name of person filing:
BlackRock, Inc.
In accordance with SEC Release No. 34-39538 (January 12, 1998), this Schedule 13G reflects the securities beneficially owned, or deemed to be beneficially owned, by certain business units (collectively, the "Reporting Business Units") of BlackRock, Inc. and its subsidiaries and affiliates. It does not include securities, if any, beneficially owned by other business units whose beneficial ownership of securities are disaggregated from that of the Reporting Business Units in accordance with such release.
(b)
Address or principal business office or, if none, residence:
BlackRock, Inc., 50 Hudson Yards New York, NY 10001
(c)
Citizenship:
See Item 4 of Cover Page
(d)
Title of class of securities:
Common Stock
(e)
CUSIP Number(s):
83089J108
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
2440628
(b)
Percent of class:
5.1 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
2384969
(ii) Shared power to vote or to direct the vote:
0
(iii) Sole power to dispose or to direct the disposition of:
2440628
(iv) Shared power to dispose or to direct the disposition of:
0
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
Various persons have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of the common stock of SkyWater Technology, Inc. No one person's interest in the common stock of SkyWater Technology, Inc is more than five percent of the total outstanding common shares.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.
See Exhibit 99
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
What stake does BlackRock hold in SkyWater Technology (SKYT)?
BlackRock beneficially owns 2,440,628 shares, equal to 5.1% of SkyWater Technology's common stock. The filing attributes these shares to certain Reporting Business Units of BlackRock, Inc.
Does BlackRock control voting for the shares of SKYT?
BlackRock reports sole voting power for 2,384,969 shares and sole dispositive power for 2,440,628 shares. Shared voting or dispositive power is reported as zero.
Was the SkyWater ownership filing a Schedule 13G or 13D for SKYT?
The filing is a Schedule 13G, indicating a passive investor disclosure under the SEC rules rather than an activist intent typically associated with Schedule 13D filings.
Are the shares held on behalf of other parties according to the filing for SKYT?
Yes. The filing states various persons may have rights to dividends or proceeds and that holdings reported reflect certain BlackRock Reporting Business Units, not necessarily a single owner.
When was the Schedule 13G for SkyWater signed?
The Schedule 13G excerpt is signed by Spencer Fleming, Managing Director, with a signature date of 04/27/2026 as shown in the filing.
