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SkyWater President and CEO, Thomas Sonderman, to Serve as Panelist at Purdue Workshop for Microelectronics and Advanced Packaging Workforce Development

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SkyWater Technology (NASDAQ: SKYT) announced its participation in a workshop at Purdue University focused on microelectronics workforce development. CEO Thomas Sonderman joined industry leaders to discuss the urgent need for engineering graduates in defense technologies. The event supports a $19.2 million national initiative, SCALE, aimed at enhancing the semiconductor workforce. SkyWater's active role in this initiative aims to strengthen domestic semiconductor capabilities and align educational programs with industry needs, benefiting national security and innovation.

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  • Participation in a $19.2 million national initiative for workforce development in microelectronics.
  • Alignment with U.S. defense technologies enhancing national security.
  • Active engagement in stimulating student interest in semiconductor careers.
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Workshop supports a national initiative sponsored by the Office of the Secretary of Defense to address the urgent need for engineering graduates to develop microelectronics for the DOD

BLOOMINGTON, Minn.--(BUSINESS WIRE)-- SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, announced that its President and CEO, Thomas Sonderman, is serving as a panelist today at Purdue University’s Microelectronics and Advanced Packaging Workforce Development Workshop in West Lafayette, Indiana. Other participants in the panel represent organizations including AMD, Micron, Synopsys and the U.S. Department of Commerce.

Hosted by Purdue’s College of Engineering, the workshop will address challenges and opportunities related to workforce development for microelectronics and advanced packaging in the United States. Representatives from industry, academia, state and federal government will address how to scale-up educational programs, online and hands-on training, knowledge and skills for technicians, B.S., M.S., and Ph.D. graduates, special programs for trusted and assured electronics and funding opportunities for comprehensive workforce development programs.

The workshop supports a national initiative led by Purdue and sponsored by the Office of the Secretary of Defense to address the urgent need for engineering graduates to support development of defense technologies, especially in the area of microelectronics. The Scalable Asymmetric Lifecycle Engagement Microelectronics Workforce Development program (SCALE) is a $19.2 million multi-university public-private-academic partnership aimed at workforce development across engineering universities throughout the nation.

At Purdue, the SCALE program brings faculty from the Purdue College of Engineering together with faculty from 14 universities as well as representatives from the Department of Defense (DOD), NASA, Department of Energy NNSA labs, and the defense industry to stimulate development of this urgently needed microelectronics workforce focused on national security requirements. SCALE partners are working with students across the nation to build strong relationships with the government and the defense industrial base.

SkyWater has played an active role in presenting to university students in an effort to generate interest in semiconductor manufacturing as a career path, including to bolster the SCALE program.

“I’m excited to join the Department of Commerce and my industry colleagues to discuss the importance of workforce development opportunities in microelectronics as well as the state of the domestic industry,” said SkyWater CEO, Tom Sonderman. “The ongoing focus to address the preparation of American students for employment in the semiconductor industry will yield positive results for the domestic workforce, including for companies like SkyWater. This is encouraging news as we continue to provide leadership on U.S. government programs such as the development of radiation hardened microelectronics to enhance our national security and drive continued microelectronics innovation.”

About SkyWater Technology

SkyWater (NASDAQ: SKYT) is a U.S.-owned semiconductor manufacturer and a DOD-accredited Trusted supplier. SkyWater’s Technology as a ServiceSM model streamlines the path to production for customers with development services, volume production and advanced packaging solutions in its world-class U.S. facilities. This pioneering model enables innovators to co-create the next wave of technology with diverse categories including mixed-signal CMOS, read-out ICs, rad-hard, power discretes, MEMS, superconducting ICs, photonics, carbon nanotubes and interposers. SkyWater serves growing markets including aerospace & defense, automotive, biomedical, cloud & computing, consumer, industrial and IoT. For more information, visit: www.skywatertechnology.com.

SkyWater Technology Forward-Looking Statements

This press release contains “forward-looking” statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements that are based on the Company’s current expectations or forecasts of future events, rather than past events and outcomes, and such statements are not guarantees of future performance. Forward-looking statements are subject to risks, uncertainties and assumptions, which may cause the Company’s actual results, performance or achievements to be materially different from those expressed or implied by such forward-looking statements. Key factors that could cause the Company’s actual results to be different than expected or anticipated include, but are not limited to factors discussed in the “Risk Factors” section of the prospectus the Company filed with the SEC on April 22, 2021, its quarterly report on Form 10-Q for the quarter ended October 3, 2021 and in other documents that the Company files with the SEC, which are available at http://www.sec.gov. The Company assumes no obligation to update any forward-looking statements, which speak only as of the date of this press release.

SKYT-CORP

SkyWater Company Contact: Tara Luther | 952.851.5023 | tara.luther@skywatertechnology.com

SkyWater Media Contact: Lauri Julian | 949.280.5602 | lauri.julian@skywatertechnology.com

Source: SkyWater Technology

FAQ

What is the purpose of SkyWater Technology's involvement in the Purdue workshop?

SkyWater Technology's involvement in the workshop is to address workforce development challenges in microelectronics and advanced packaging, crucial for the U.S. defense sector.

What is the SCALE program mentioned in the press release?

The SCALE program is a $19.2 million multi-university public-private partnership aimed at developing a workforce in microelectronics for national security.

Who is participating in the Purdue University workshop alongside SkyWater Technology?

Participants include representatives from AMD, Micron, Synopsys, and the U.S. Department of Commerce.

What outcomes does SkyWater expect from its workforce development initiatives?

SkyWater expects that enhancing educational programs will prepare American students for careers in the semiconductor industry, ultimately benefiting the domestic workforce and innovation.

SkyWater Technology, Inc.

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