BLOOMINGTON, Minn. & AUSTIN, Texas--(BUSINESS WIRE)--SkyWater Technology (Nasdaq: SKYT), the trusted technology realization partner, today announced that it has completed its acquisition of Infineon Technologies AG's (FSE: IFX / OTCQX: IFNNY) 200 mm semiconductor fab in Austin, Texas (“Fab 25”). By adding approximately 400,000 wafer starts per year in capacity, Fab 25 brings meaningful scale to...
BLOOMINGTON, Minn. & AUSTIN, Texas--(BUSINESS WIRE)--SkyWater Technology (Nasdaq: SKYT), the trusted technology realization partner, today announced that it expects to complete its previously announced acquisition of Fab 25 on June 30, 2025. The company also confirmed that all required regulatory approvals have now been obtained. The acquisition is expected to enhance SkyWater's capabilities in...
SkyWater Technology, Inc. (NASDAQ:SKYT ) Q1 2025 Earnings Conference Call May 7, 2025 4:30 PM ET Company Participants Claire McAdams - IR Thomas Sonderman - CEO & Director Steve Manko - CFO Conference Call Participants Quinn Bolton - Needham & Company Robert Mertens - TD Securities Robert Aguanno - Piper Sandler Richard Shannon - Craig-Hallum Operator Good afternoon, and welcome to SkyWater Tec...
BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology, Inc. (NASDAQ: SKYT), the trusted technology realization partner, today announced financial results for the first quarter 2025 ended March 30, 2025. “We're pleased to report that our financial results for the first quarter reflect modest upside to our expectations entering the year,” commented Thomas Sonderman, CEO. “A significant rebound...
The 'Undercovered' Dozen highlights 12 lesser-covered stocks, offering investment opportunities and fostering community discussion on their potential. Abeona Therapeutics is seen as a Buy due to promising FDA approvals for pz-cel and UX111, potentially transforming the company with its first commercial products by 2025. Plains GP Holdings offers stable cash flows and high dividends in the volat...
SkyWater Technology's strategic US-based mature-node chip manufacturing aligns with government priorities, bolstering growth through Fab 25 acquisition, tripling wafer capacity by 2026. Unique TaaS model and strategic scarcity position SkyWater as a key player in defense and industrial sectors, enhancing revenue stability and customer relationships. Growth driven by Fab 25, advanced packaging l...
BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced the appointment of Dr. Percy V. Gilbert as senior vice president of engineering. Gilbert will report directly to President and COO John Sakamoto and will be responsible for leading and expanding SkyWater's engineering organization, which is integral to the company...
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