Business Wire·Jul 28, 2026, 4:07 PM ET

IonQ Receives Regulatory Approval to Complete Acquisition of SkyWater Technology

IonQ received final regulatory approval to acquire SkyWater Technology, the largest exclusively U.S.-based semiconductor foundry.
The combined entity will create the only vertically integrated full-stack quantum platform company.
The transaction is expected to close on Friday, July 31, 2026, after satisfying all remaining regulatory approvals & closing conditions.
SkyWater will operate as a wholly owned subsidiary of IonQ under its existing name while continuing to serve its full range of customers.
The acquisition aims to accelerate IonQ's quantum computing roadmap & secure a fully scalable domestic supply chain for its chip-focused manufacturing.
IonQ & SkyWater will jointly serve the full quantum ecosystem by combining IonQ's proprietary technology with SkyWater's manufacturing capabilities.
The combined company plans to hold its second quarter earnings call on Wednesday, August 5, 2026, following the U.S. market close.
An investor day is scheduled for the third quarter of 2026 on September 8, 2026.
SkyWater maintains facilities in Minnesota, Florida, & Texas, specializing in foundational nodes, advanced packaging, & DMEA-accredited trusted foundry services.
IonQ's latest quantum system, the IonQ Tempo, builds on previous performance records including 99.99% two-qubit gate fidelity achieved in 2025.