SkyWater Technology

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SkyWater Technology
TypePublic
NYSE: SKYT
IndustrySemiconductor manufacturer
Founded2017 (2017)
HeadquartersBloomington, Minnesota, U.S.
Key people
Thomas Sonderman
ProductsSemiconductor, Silicon chips

SkyWater Technology is a semiconductor engineering and fabrication foundry, based in Bloomington, Minnesota.[1][2] It is the only US-owned pure-play silicon foundry.[3]

History[]

The company was formed in 2017, when private equity firm acquired Cypress Foundry Solutions, a microelectronics fabricator that was previously a subsidiary of California-based Cypress Semiconductor Corp.[4][5]

In early 2021, SkyWater acquired an additional chip factory in Osceola, Florida,[6] repurposing the University of Central Florida NeoCity fabrication facility into a second fabrication site.[7] It expanded its facility and add 100 new jobs in 2021, partially due to funding from the Minnesota Department of Employment and Economic Development.[8]

Initial public offering[]

SkyWater Technology filed an initial public offering with the U.S. Securities and Exchange Commission in March, 2021.[9][10][11]

U.S. infrastructure investment[]

SkyWater has been cited as an example of the infrastructure the Biden administration is investing in. On April 12, 2021, President Joe Biden held up a silicon wafer created by SkyWater as he explained that chips represents a form of infrastructure.[12][13]

Technology[]

SkyWater produces semiconductor chips using 90-nanometer process technology on equipment designed to handle 200-millimeter wafers of silicon.[14][15] SkyWater works in the consumer, industrial, military & defense, and automotive industries.[16] SkyWater is a Department of Defense-accredited Trusted supplier, part of the DOD's efforts to secure a supply chain within the United States.[17][18]

SkyWater has collaborated with Efabless and Google to create the first open source chip manufacturing program.[19]

On August 21, SkyWater announced an expanded partnership with , focused on Rockley's health monitoring solution.[20]

References[]

  1. ^ Rehkamp, Patrick. "Bloomington-based SkyWater Technology files to go public". Minneapolis St Paul Business Journal.
  2. ^ "Semiconductor manufacturer SkyWater Technology sets terms for $75 million IPO". Renaissance Capital.
  3. ^ Moore, Samuel K. "The Foundry at the Heart of DARPA's Plan to Let Old Fabs Beat New Ones". IEEE Spectrum.
  4. ^ Reilly, Mark. "SkyWater Technology finishes Bloomington HQ expansion for 'rad-hard' chips". Minneapolis St. Paul Business Journals.
  5. ^ Shih, Willy. "Inside SkyWater Technology's Domestic Semiconductor Foundry". Forbes.
  6. ^ Ramstad, Evan. "SkyWater shares rise 20% as execs explain move to expand production capacity". Star Tribune.
  7. ^ Reed, Charlie. "NeoCity back in business with tech firm replacing UCF". Around Osceola.
  8. ^ Hauser, Tom. "Walz supports federal legislation to boost computer chip manufacturing". KSTP.
  9. ^ Leopold, George. "SkyWater is Latest Tech IPO". EE Times.
  10. ^ Manners, David. "SkyWater to IPO". Electronics Weekly.
  11. ^ "Semiconductor manufacturer SkyWater Technology files for a $75 million IPO". Nasdaq.
  12. ^ Aoyma, Naoatsu. "Niche chip maker SkyWater plays key role in U.S. supply strategy". The Asahi Shimbun.
  13. ^ Nellis, Stephen. "Biden's chip dreams face reality check of supply chain complexity". Reuters.
  14. ^ Moore, Samuel K. "The Foundry at the Heart of DARPA's Plan to Let Old Fabs Beat New Ones". IEEE Spectrum.
  15. ^ Lapedus, Mark. "200mm Demand Surges". Semiconductor Engineering.
  16. ^ "SkyWater Technology Foundry, Inc". OxBow Industries.
  17. ^ Herman, Arthur. "Biden, Semiconductors, And America's Future". Forbes.
  18. ^ Chowdry, Amit. "SkyWater Technology Shares Increase Over 10% Pre-Market: Why It Happened". Pulse 2.
  19. ^ Halfacree, Gareth. "Google, SkyWater Release Production Dev Kit, Offer Open Hardware Projects Free 130nm Manufacturing". Hackster.IO.
  20. ^ Chatterjee, Manisha. "After Announcing an Expanded Partnership, is SkyWater Technology a Buy?". Yahoo News.
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