- SkyWater Technology, Inc. is the largest exclusively U.S.-based, pure-play semiconductor foundry, specializing in advanced semiconductor manufacturing and packaging solutions.
- In January 2026, SkyWater announced a definitive agreement for acquisition by IonQ for $35.00 per share, following a record revenue of $442.1 million and 29% year-over-year growth for fiscal year 2025.
- The company has established strong momentum in quantum computing and has ramped up advanced packaging revenues, indicating a focus on high-tech applications and partnerships.
- SkyWater's ideal buyers include companies in defense, infrastructure, and technology sectors seeking reliable domestic semiconductor solutions to address supply chain vulnerabilities and enhance innovation.
Engineering is the largest department, representing roughly half of all employees with 194 team members. Operations follows with 63 employees, while Finance & Administration and Information Technology account for 28 and 24 employees, respectively. Business Management, Sales & Support, Human Resources, Marketing & Product, and Quality collectively make up the remaining headcount, each contributing between 6 and 19 employees. This distribution underscores the company’s emphasis on core manufacturing and technical expertise, balanced by essential support functions.
Employee data indicates a strong Minnesota presence: Minneapolis hosts 94 employees, the broader Minneapolis–St. Paul area has 71, and St. Paul itself accounts for 42. Smaller hubs exist in Orlando, Pocatello, Eden Prairie, Kissimmee, Lakeville, and Rosemount, each with single-digit headcounts. An additional 131 employees are categorized under “Other,” suggesting remote staff or satellite sites beyond the primary locations. The concentration in Minnesota aligns with the company’s manufacturing footprint, while additional sites extend its operational reach.
