BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, announced that it has signed a preliminary memorandum of terms (PMT) valued at up to $16 million with the CHIPS for America program, which is administered by the U.S. Department of Commerce. This proposed funding would provide federal incentives to enhance production capabilities...
BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced the execution of an amendment to its Loan and Security Agreement with Siena Lending Group LLC and GRC SPV Investments, LLC. The amended agreement extends the revolving loan commitment's maturity date and increases the Company's borrowing capacity. As amended, the ...
BRANFORD, Conn. & BLOOMINGTON, Minn.--(BUSINESS WIRE)--Quantum-Si Incorporated (Nasdaq: QSI) (“Quantum-Si,” “QSI” or the “Company”), The Protein Sequencing Company™ and SkyWaterTechnology (NASDAQ: SKYT), the trusted technology realization partner, announced today they will jointly expand their relationship to support development of Proteus™, Quantum-Si's next-generation platform designed to tra...
BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced that it will be joining 17 other companies in collectively hosting the 13th Annual NYC Summit investor conference, being held Tuesday, December 17, 2024, at Mastro's Steakhouse New York. The investor presentation material utilized during the NYC Summit will be mad...
SkyWater Technology, Inc. shows impressive topline growth, but growth remains inconsistent, and real profitability is still elusive. The company's valuation is modest, trading at just over 1 times sales, but inconsistent performance and lack of sustained profitability are worrisome. I remain cautiously interested, acknowledging sales progress but wary of inconsistent results and the company's i...
SkyWater Technology, Inc. (NASDAQ:SKYT ) Q3 2024 Earnings Conference Call November 7, 2024 4:30 PM ET Company Participants Tom Sonderman - President & CEO Steve Manko - CFO Claire McAdams - IR Conference Call Participants Krish Sankar - TD Cowen Nick Doyle - Needham & Company Richard Shannon - Craig-Hallum Capital Robert Aguanno - Piper Sandler Operator Ladies and gentlemen, thank you for stand...
BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced that it will report its fiscal third quarter 2024 financial results following the close of the market on Thursday, November 7, 2024. The same afternoon, management will host a webcast to discuss its business and financial results. SkyWater Technology Fiscal Third ...
BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced the appointment of Bassel Haddad as senior vice president and general manager of advanced packaging. Reporting to President and COO John Sakamoto, Haddad will build and scale SkyWater's advanced packaging business serving both the defense and commercial market sec...
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