SkyWater Technology, Inc. Common Stock
SKYTSkyWater Technology, Inc. is a leading American semiconductor foundry that specializes in advanced manufacturing and process development. The company provides comprehensive fabrication services for integrated circuits, supporting customers in various sectors including aerospace, defense, and consumer electronics. Known for its focus on cutting-edge technology and innovation, SkyWater aims to enable the development of next-generation semiconductor solutions.
Company News
The article highlights three small-cap stocks in AI and quantum computing with potential growth in 2026: Aehr Test Systems, Photronics, and SkyWater Technology, each offering unique technological advantages in chip testing, photomask manufacturing, and quantum computing development.
Multibeam, a leading supplier of E-Beam Lithography systems, has established a new sales presence in Japan to address rising global demand for its technology. The move aligns with the urgent need for faster chip design and manufacturing cycles, and the company's technology is seeing growing interest from various sectors.
Weebit Nano has completed AEC-Q100 150°C operation qualification of its Resistive Random-Access Memory (ReRAM) module in semiconductor manufacturer SkyWater Technology's 130nm CMOS process, confirming the quality and reliability of its embedded ReRAM non-volatile memory technology for high-temperature automotive applications.
The U.S. Department of Commerce has signed a preliminary agreement to provide up to $16 million in funding to SkyWater Technology Foundry to modernize its facility in Bloomington, Minnesota. This is part of the CHIPS and Science Act, which aims to boost semiconductor manufacturing in the U.S.
SkyWater Technology reported strong Q3 2024 results, with record revenue and positive non-GAAP EPS. The company expects continued growth in its Aerospace & Defense (ATS) and Wafer Services segments, as well as significant customer co-investment in new tooling capabilities.
