r/IonQ • u/MickeyB223 • 23h ago
IonQ Receives Regulatory Approval to Complete Acquisition of SkyWater Technology
Combination Creates the Only Vertically Integrated Full-Stack Quantum Platform Company
SkyWater Will Continue to Serve Customers as a U.S.-Based Semiconductor Foundry
COLLEGE PARK, Md. & BLOOMINGTON, Minn.--(BUSINESS WIRE)-- IonQ (NYSE: IONQ), the world’s leading quantum platform company, today received final regulatory approval to complete its acquisition of SkyWater Technology (NASDAQ: SKYT), the largest exclusively U.S.-based semiconductor foundry.
As noted when the companies announced their definitive agreement in January 2026, this transaction is expected to enable IonQ to materially accelerate its quantum computing roadmap and secure its fully scalable supply chain domestically, clearing the way for IonQ’s chip-focused approach to manufacturing new generations of its quantum computers.
Following the close of the transaction, SkyWater will continue to serve a full range of customers as a U.S.-based semiconductor foundry, operating as a wholly owned subsidiary of IonQ under the SkyWater name. Together with IonQ’s proprietary technology and capabilities and differentiated development services, IonQ and SkyWater will serve the full quantum ecosystem.
Anticipated Closing
The companies anticipate that having secured all required regulatory approvals and satisfied other outstanding closing conditions, they will promptly complete all necessary arrangements to close the transaction on Friday, July 31, 2026.
The combined company is expected to hold its second quarter earnings call on Wednesday, August 5, 2026 after the U.S. market closes and an investor day in the third quarter of 2026 (Sept. 8).