SkyWater Technology

Skywater Technology, Inc. is a holding company, which engages in the provision of semiconductor development, manufacturing services, and packaging services. The company was founded on October 3, 2016 and is headquartered in Bloomington, MN.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

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Earnings data Q3 2023

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Earnings data Q1 2024

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Earnings data Q3 2024

Earnings data Q4 2024

SkyWater Technology achieves record Q4 revenues and eyes 25% annual growth

SkyWater Technology reported a strong finish to 2022 with record revenues and expects continued growth in 2023 driven by established programs and strategic partnerships. The company's focus on efficiency gains, automation, and modernization supports positive EBITDA growth and balance sheet strengthening.

SkyWater Technology posts record revenue and aims for strong growth

SkyWater Technology reports strong Q1 2023 earnings with record revenue and exceeding gross margin performance. The company's strategic positioning, focus on efficiency gains, and optimism towards CHIPS funding highlight growth potential. Challenges include balancing demand across segments and addressing weaknesses in consumer-side demand.

SkyWater Technology (SKYT) achieves record revenues and targets strong growth

SkyWater Technology (SKYT) delivered robust financial performance in Q2 2023, driven by record revenues and strong gross margins. Despite supply chain challenges, the company remains focused on innovation, efficiency gains, and capturing growth opportunities. With a strategic focus on key markets and technology-as-a-service model, SkyWater is well-positioned for long-term growth and profitability.

SkyWater Technology reports record Q3 revenues, eyes growth opportunities

SkyWater Technology's Q3 performance reflects strong revenue growth and operational improvements. The company's focus on technological advancements and strategic partnerships positions it well for future growth. Challenges include maintaining revenue stream balance and ensuring transformation investments yield desired outcomes.

SkyWater Technology reports record Q4 revenues and aims for profitability in 2024

SkyWater Technology's Q4 performance showed revenue growth and a focus on profitability. While facing challenges in the Wafer Services segment, the company is leveraging strengths in aerospace, defense, and bio health applications for future growth. Opportunities lie in ATS development revenue growth and business transformation.

SkyWater Technology reports record revenue, eyes margin expansion ahead

SkyWater Technology (SKYT) had a strong quarter with record revenue, but faced challenges with profitability due to additional costs. Despite this, the company's unique value proposition and focus on innovation present opportunities for growth and margin expansion.

SkyWater Technology (SKYT) reports record revenue and positive EPS, eyes growth

SkyWater Technology (SKYT) delivered a strong performance in Q2 2024, achieving record revenue and positive EPS. The company's strengths lie in securing funding, stable revenue expectations, and forecasted growth. Challenges include meeting profitability targets, while opportunities exist in advancing programs and meeting customer demand.

SkyWater Technology reports record Q3 earnings and eyes strong 2025 growth

SkyWater Technology's Q3 2024 performance reflects robust revenue and margin growth, with strategic agreements and project selections enhancing its market position. While challenges in scaling the advanced packaging business exist, the company is poised for significant revenue growth in 2025, particularly in A&D and advanced packaging.

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Skywater Technology, Inc. is a holding company. It engages in the provision of semiconductor development, manufacturing services, and packaging services. The company was founded on October 3, 2016 and is headquartered in Bloomington, MN.

BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced the launch of an apprenticeship program at its Bloomington, Minnesota facility, designed with a combination of on-the-job training and formal education, and based on industry and academic-approved curriculum through Hennepin Technical College. In partnership with the National Institute of Innovation and Technology (NIIT) under its Growing Apprenticeships in Nanote

SkyWater Launches Apprenticeship Program to Support Employee Career Growth and Domestic Semiconductor Workforce Development

BLOOMINGTON, Minn. & AUSTIN, Texas--(BUSINESS WIRE)--SkyWater and AND announce new transistor technology offering significant benefits for fast switching power conversion applications.

SkyWater and Applied Novel Devices Enable Breakthrough with New Class of Silicon Power MOSFET for High Efficiency Power Conversion

BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced the appointment of two new members to its board of directors: Nancy Fares and Amy Leong, effective January 3, 2022 for a term expiring at the company's 2022 Annual Meeting of Stockholders. These appointments bring SkyWater's total board membership to eight. Ms. Fares has served as a strategic advisor and board member with Olarm, an application-based home security

SkyWater Expands Board of Directors with Appointment of Nancy Fares and Amy Leong

BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater CEO, Thomas Sonderman, to Serve as Panelist at Purdue Workshop for Microelectronics and Advanced Packaging Workforce Development

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

BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater joins a growing number of partners at WestGate@Crane Technology Park to collaborate in the defense, rad-hard and advanced packaging areas.

SkyWater Establishes Presence in Indiana's WestGate@Crane Technology Park, Adjacent to NSWC Crane

BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater appoints aerospace, defense and space executive, Kevin Jackson as Sr. Vice President of Corporate Development.

SkyWater Appoints Aerospace, Defense and Space Executive, Kevin Jackson as Senior Vice President of Corporate Development

SkyWater Technology, Inc. (SKYT) CEO Thomas Sonderman on Q3 2021 Results - Earnings Call Transcript

BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Achieves AS9100 Certification, the International Quality Management System for the Aviation, Space and Defense Industries.

SkyWater Achieves AS9100, the International Quality Management System for the Aviation, Space and Defense Industries

The company widely missed estimates, but management is confident in the future.

Why Shares of SkyWater Technology Are Plummeting Today

BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology reports third quarter 2021 results; year-over-year revenue growth of 6%

SkyWater Technology Reports Third Quarter 2021 Results

BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology to Webcast Third Quarter Fiscal 2021 Financial Results

SkyWater Technology to Webcast Third Quarter Fiscal 2021 Financial Results

KISSIMMEE, Fla. & TEMPE, Ariz.--(BUSINESS WIRE)--SkyWater and Deca enable state-of-the-art onshore advanced packaging foundry services.

SkyWater Signs Technology Transfer and License Agreement for Deca's Gen 2 M-Series Fan-out and Adaptive Patterning Technology

BLOOMINGTON, Minn. & BOSTON--(BUSINESS WIRE)--SkyWater and NanoDx partner on nanoscale sensors to enhance and expand accurate, rapid testing for several indications, including COVID-19.

SkyWater and NanoDx™ Partner to Develop and Produce Nanoscale Sensors for Rapid COVID-19 Testing and Other Vital Diagnostics

BLOOMINGTON, Minn.--(BUSINESS WIRE)--Minnesota Governor Tim Walz visits SkyWater to discuss the importance of manufacturing in the State's economic expansion.

SkyWater Hosts Minnesota Governor Tim Walz and Department of Employment and Economic Development Commissioner Steve Grove

HOD HASHARON, Israel & BLOOMINGTON, Minn.--(BUSINESS WIRE)--Weebit and SkyWater Announce Agreement for Volume Production of ReRAM Technology; SkyWater licenses technology for a range of customer designs.

Weebit and SkyWater Announce Agreement to take ReRAM Technology to Volume Production

BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater is accepting design submissions for its 90 nm ROIC MPW Shuttle.

SkyWater is Now Accepting Design Submissions for its 90 nm ROIC Multi-Project Wafer Program

BLOOMINGTON, Minn. & ARLINGTON, Va.--(BUSINESS WIRE)--SkyWater was chosen by Carillon Technologies to produce chips for satellite communications.

SkyWater Selected by Carillon to Produce Holographic Optical Beam Steering Technology for DARPA-funded Satellite Communications Program

The dog days of summer took a bite out of this semiconductor manufacturer, but now it's biting back.

Why Shares of SkyWater Technology Are Taking Off Today

The shares of SkyWater Technology (NASDAQ: SKYT) increased by over 10% pre-market. This is why it happened.

SkyWater Technology Shares Increase Over 10% Pre-Market: Why It Happened

Rockley Photonics Holdings Ltd

BLOOMINGTON, Minn. & OXFORD, United Kingdom & PASADENA, Calif.--(BUSINESS WIRE)--SkyWater and Rockley Photonics Expand Relationship to Enable Wafer Back-End-Of-Line Processing for Wearable Health Sensors

SkyWater and Rockley Photonics Expand Relationship to Enable Wafer Back-End-Of-Line Processing for Wearable Health Sensors

SkyWater Technology, Inc. (SKYT) CEO Thomas Sonderman on Q2 2021 Results - Earnings Call Transcript

BLOOMINGTON, Minn.--(BUSINESS WIRE)---- $SKYT--SkyWater Technology Reports Second Quarter 2021 Results with Year-over-Year Net Sales Growth of 34%.

SkyWater Technology Reports Second Quarter 2021 Results

Following a very successful IPO earlier this year, shares of SkyWater Technology sold off on perceived weak preliminary Q2 numbers. Adjusted for outsized Q1 tooling revenue contributions, sequential revenue growth of up to 20% looks decent.

SkyWater Technology - Market Participants' Misconceptions Behind Both The Recent Rally And Tuesday's Selloff - Buy

The semiconductor company reported disappointing preliminary results but is preparing to invest in manufacturing capacity.

Why SkyWater Technology Stock Got Destroyed Today

BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater to Invest $56 Million in Capacity Expansion and GaN Technology, Announces Selected Preliminary 2021 Second Quarter Financial Results

News for SkyWater Technology Stock (SKYT)