Quantum platform leader IonQ has finalized its acquisition of SkyWater Technology, the largest exclusively U.S.-based semiconductor foundry, establishing the industry’s first vertically integrated full-stack quantum platform company. Under the financial terms of the agreement, SkyWater shareholders received $15.00 in cash and 0.4883 shares of IonQ common stock per share, with SkyWater operating as a wholly owned subsidiary led by CEO Thomas Sonderman under the SkyWater brand. The transaction unites IonQ’s quantum technology with SkyWater’s chip design, fabrication, and packaging capabilities across its Minnesota, Florida, and Texas facilities, securing a domestic supply chain to accelerate IonQ’s fault-tolerant quantum computing roadmap across computing, networking, sensing, and security. “Acquiring SkyWater crystalizes IonQ’s vision to serve as a technology leader, merchant supplier and ecosystem enabler across the entire quantum industry. We are investing in capabilities from quantum foundry and advanced packaging to manufacturing and commercialization that the quantum ecosystem requires for future growth,” said Niccolo de Masi, Chairman and CEO of IonQ.
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“This combination enables IonQ to drive our quantum computing roadmap and secure a fully scalable supply chain domestically. It unlocks IonQ’s semiconductor-based approach to manufacturing new generations of our quantum computers, while ensuring SkyWater’s ability to deliver the excellent quality and attention customers expect,” de Masi added. “Joining the IonQ team marks a pivotal moment in SkyWater’s evolution,” said Thomas Sonderman, CEO of SkyWater Technology. “As the largest semiconductor foundry based in the U.S., SkyWater is already the partner of choice for advanced development and manufacturing services in both the public and private sectors as quantum computing shifts from research to manufacturing. Being part of IonQ will accelerate multiple engineering pathways for next-generation quantum chips, delivering speed, precision, and scale.”