IonQ has introduced its acquisition of SkyWater Know-how in a cash-and-stock deal valued at roughly $1.8bn, setting the stage for the creation of a vertically built-in full-stack quantum platform firm.
SkyWater, a semiconductor foundry primarily based within the US, will preserve its service to current markets and incorporate IonQ’s quantum applied sciences into its choices. The corporate plans to proceed its involvement in US expertise infrastructure with services in Minnesota, Florida, and Texas.
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It’s going to proceed to serve aerospace, defence, and business markets. SkyWater will provide expertise necessities to firms in fields equivalent to AI and IoT and provide IonQ’s quantum sensors and networking options to its clientele and companions.
Below the settlement, shareholders of the Nasdaq-listed SkyWater will obtain $35 per share, combining money and IonQ inventory, topic to sure situations. This transaction is ready to shut in Q2 or Q3 2026, pending regulatory approvals and shareholder consent.
SkyWater CEO Thomas Sonderman stated: “As the biggest pure-play semiconductor foundry primarily based within the US, SkyWater is already the accomplice of alternative for superior improvement and manufacturing providers in each the private and non-private sectors as quantum computing and manufacturing more and more align.
“Becoming a member of forces with IonQ will speed up a number of engineering pathways for next-generation quantum chips, delivering velocity, precision, and scale.
“Importantly, SkyWater stays absolutely dedicated to all of our semiconductor foundry prospects and can proceed because the quantum service provider provider of alternative with an excellent broader set of quantum sensing and quantum networking options for all of our prospects and companions.”
By way of the deal IonQ expects to advance its ambitions in fault-tolerant quantum computing, with SkyWater’s assets enhancing its manufacturing and innovation capabilities.
The mixed entity seeks to fast-track testing of its large-scale quantum processors and bolster its place as a supplier of quantum options for sectors together with authorities, aerospace, and finance.
Moreover, the acquisition will improve IonQ’s Federal division by offering superior quantum options to the federal and defence sectors.
IonQ goals to ascertain a complete US quantum provide chain, from design to service upgrades, supporting Division of Warfare initiatives just like the Microelectronics Commons community.
IonQ chairman and CEO Niccolo de Masi stated: “This transformational acquisition permits IonQ to materially speed up its quantum computing roadmap and safe its absolutely scalable provide chain domestically.
“With safe, US-based design, packaging and chip fabrication – IonQ will profit from vertical integration throughout our more and more interlinked quantum computing, quantum networking, quantum safety, and quantum sensing functions for land, sea, air, and area.”
Submit-acquisition, SkyWater will perform as a subsidiary, retaining its title and operational independence whereas reporting to IonQ management.
Each firms’ boards have authorized the deal unanimously. SkyWater shareholders are projected to personal between 4.4% and 6.7% of the brand new entity.
The acquisition aligns with IonQ’s technique to reinforce its market presence following earlier acquisitions equivalent to these of Oxford Ionics and Vector Atomic.
IonQ accomplished the $1.07bn acquisition of Oxford Ionics in September 2025. By way of this acquisition, IonQ deliberate to expedite its developments in quantum computing methods and broaden its footprint throughout world markets.
The Vector Atomic deal, which was introduced final September, closed the next month. Vector Atomic is a supplier of quantum sensors for positioning, navigation, and timing (PNT) functions.
The acquisition of Vector Atomic has been anticipated to quick observe IonQ’s foray into the quantum sensing market and bolster its full-stack quantum platform.
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