Business Wire·Jul 31, 2026, 8:50 AM ET

IonQ Completes Acquisition of SkyWater Technology

IonQ completed its acquisition of SkyWater Technology, the largest exclusively U.S.-based semiconductor foundry.
The deal creates a vertically integrated full-stack quantum platform company combining quantum computing, networking, security, & sensing with semiconductor manufacturing.
SkyWater will operate as a subsidiary under the SkyWater name with CEO Thomas Sonderman leading the unit while reporting to IonQ CEO Niccolo de Masi.
SkyWater will continue to serve all existing customers with advanced technology, wafer, & packaging services alongside atomic clocks & quantum interconnects.
Shareholders of SkyWater receive $15.00 in cash & 0.4883 shares of IonQ common stock for each share held at closing.
The combined company plans to hold its second-quarter earnings call on August 5, 2026, & an investor day in the third quarter of 2026.
IonQ aims to secure a fully scalable domestic supply chain & accelerate its fault-tolerant quantum computing roadmap through this vertical integration.
The transaction received required regulatory approvals before closing on July 30, 2026.