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Skywater Technology Inc - SKYT STOCK NEWS

Welcome to our dedicated page for Skywater Technology news (Ticker: SKYT), a resource for investors and traders seeking the latest updates and insights on Skywater Technology stock.

SkyWater Technology, Inc. (symbol: SKYT) is a U.S.-based, independent, pure-play technology foundry renowned for its semiconductor development and manufacturing services. Leveraging a rich history rooted in the pioneers of computing technology, SkyWater specializes in creating sophisticated semiconductor-based solutions for a myriad of vertical markets including computation, aerospace and defense, automotive, bio-health, and industrial sectors.

With its advanced development capabilities co-located with volume production, SkyWater stands out as a globally recognized facility, trusted by the Defense Microelectronics Activity (DMEA). The company’s unique Technology as a Service (TaaS) model allows it to co-develop process technology intellectual property (IP) with its clients, enabling innovative and disruptive concepts in microelectronics and nanotechnology applications.

SkyWater's fabrication facilities are designed to support a diverse range of special materials and technologies, providing them with the flexibility to innovate on any scale. Their comprehensive suite of services includes everything from initial design to final manufacturing, ensuring that clients receive tailored, end-to-end solutions built to meet the specific demands of high-growth industries.

Recent Achievements and Projects:

  • Continuous advancements in semiconductor technology, enhancing performance and efficiency across various applications.
  • Partnerships with leading companies and institutions to drive forward the development of next-generation microelectronics.
  • Successful implementation of cutting-edge process technologies that serve critical sectors such as aerospace, defense, and bio-health.

SkyWater's commitment to innovation and quality has solidified its reputation as a leader in the semiconductor industry, making it a trusted partner for companies looking to bring groundbreaking technology to market.

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SkyWater Technology (SKYT) Submits Full Application for CHIPS Funding, Aims to Modernize Semiconductor Manufacturing Facility
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BRIDG (BRIDG) announces the U.S. Department of Defense-funded Industrial Base Analysis and Sustainment (IBAS) technology development program's phase four kick-off. The up to $20 million federal defense contract aims to establish a comprehensive domestic silicon interposer manufacturing capability, supporting advanced electronic systems. BRIDG, imec, and SkyWater Technology completed phase one in November 2022. The program provides advanced packaging technology for next-generation microelectronic multi-chip systems to strengthen national security and cyber resiliency for the U.S. defense industrial base.
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SkyWater Technology (NASDAQ: SKYT) to Participate in 12th Annual NYC Summit
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SkyWater Technology, Inc. (NASDAQ: SKYT) announced record Q3 2023 revenue of $71.6 million, a 37% YoY increase. Gross margin improved to 19.8% on a GAAP basis. Non-GAAP gross margin increased to 20.4%. Adjusted EBITDA was $8.3 million, or 11.6% of revenue. The company experienced net loss to shareholders of $7.6 million on a GAAP basis and $2.2 million on a non-GAAP basis.
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SkyWater Technology announces a new open-source 130 nm process design kit (PDK) from Cadence Design Systems. The PDK will be available in the Cadence VLSI Fundamentals Education Kit, providing students with access to design simple logic circuits and implement a simplified microprocessor. This collaboration aims to overcome the restricted access and NDAs that have created barriers for academia. The SKY130 open-source offering has the potential to accelerate collaboration in semiconductor chip design and support the development of a domestic semiconductor workforce.
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SkyWater Technology to report third quarter fiscal 2023 financial results and host webcast
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SkyWater Technology announces John Sakamoto as president and COO to drive growth and profitability
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SkyWater Technology to offer customers a new semiconductor processing tool for atomic layer deposition (ALD), the Applied Picosun Morpher ALD tool
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SkyWater Technology appoints General Edward M. Daly to its board of directors, bringing valuable leadership experience and expertise to the company.
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SkyWater Technology (NASDAQ: SKYT) will be participating in the annual Jefferies semiconductor conference in Chicago. The conference includes one-on-one and small group meetings, as well as a fab tour at SkyWater Bloomington. Investor presentation material will be available on SkyWater Technology's Investor Relations page.
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FAQ

What is the current stock price of Skywater Technology (SKYT)?

The current stock price of Skywater Technology (SKYT) is $8.34 as of March 3, 2025.

What is the market cap of Skywater Technology (SKYT)?

The market cap of Skywater Technology (SKYT) is approximately 431.0M.

What does SkyWater Technology do?

SkyWater Technology specializes in semiconductor development and manufacturing, offering a wide range of services from its dedicated foundry facilities.

What markets does SkyWater serve?

SkyWater serves high-growth markets such as computation, aerospace and defense, automotive, bio-health, and industrial sectors.

What is SkyWater's Technology as a Service (TaaS) model?

SkyWater's TaaS model involves co-developing process technology IP with customers to bring innovative microelectronics and nanotechnology applications to market.

Where is SkyWater Technology based?

SkyWater Technology is based in the United States.

What makes SkyWater different from other foundries?

SkyWater's expertise in special materials and its co-located advanced development and volume production capabilities set it apart from other foundries.

What recent projects has SkyWater undertaken?

SkyWater has been involved in projects advancing semiconductor technology and has formed partnerships to drive next-generation microelectronics development.

Is SkyWater Technology DMEA-trusted?

Yes, SkyWater Technology is trusted by the Defense Microelectronics Activity (DMEA).

Can SkyWater handle large-scale production?

Yes, SkyWater's facilities are equipped to support both advanced development and large-scale volume production.

Does SkyWater offer end-to-end solutions?

Yes, SkyWater provides comprehensive services from initial design to final manufacturing, ensuring tailored solutions for its clients.

How does SkyWater contribute to innovation in the semiconductor industry?

SkyWater contributes by continuously advancing semiconductor technologies and collaborating with partners to develop disruptive microelectronics and nanotechnology applications.
Skywater Technology Inc

Nasdaq:SKYT

SKYT Rankings

SKYT Stock Data

431.01M
22.99M
51.42%
27.37%
4.52%
Semiconductors
Semiconductors & Related Devices
Link
United States
BLOOMINGTON