SkyWater Technology
TypePublic
NYSE: SKYT
IndustrySemiconductor manufacturer
Founded2017 (2017)
HeadquartersBloomington, Minnesota, U.S.
Key people
Thomas Sonderman[1]
ProductsSemiconductor
Silicon chips
Silicon wafer
Websiteskywatertechnology.com

SkyWater Technology is an American semiconductor engineering and fabrication foundry, based in Bloomington, Minnesota.[2][3] It is the only US-owned pure-play silicon foundry.[4]

History

The company was formed in 2017, when private equity firm Oxbow Industries acquired Cypress Foundry Solutions, a microelectronics fabricator that was previously a subsidiary of California-based Cypress Semiconductor Corp.[5][6]

In early 2021, SkyWater acquired an additional chip factory in Osceola, Florida,[7] repurposing the University of Central Florida NeoCity fabrication facility into a second fabrication site.[8] It expanded its facility and add 100 new jobs in 2021, partially due to funding from the Minnesota Department of Employment and Economic Development.[9]

Initial public offering

SkyWater Technology filed an initial public offering with the U.S. Securities and Exchange Commission in March 2021.[10][11][12]

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.[13][14]

On July 20, 2022, Skywater announces plans to invest 1.8 billion dollars into a manufacturing facility in West Lafayette, Indiana. The facility is within Purdue University's Discovery Park District.[15][16]

Technology

SkyWater produces semiconductor chips using 90-nanometer process technology on equipment designed to handle 200-millimeter wafers of silicon.[17][18] SkyWater works in the consumer, industrial, military & defense, and automotive industries.[19] SkyWater is a Department of Defense-accredited Trusted supplier, part of the DOD's efforts to secure a supply chain within the United States.[20][21]

SkyWater has collaborated with Efabless and Google to create the first open source chip manufacturing program.[22]

On August 21, 2021, SkyWater announced an expanded partnership with Rockley Photonics Holdings, focused on Rockley's health monitoring solution.[23]

References

  1. ↑ https://www.eetimes.com/skywater-ceo-expands-technology-foundry-model/
  2. ↑ Rehkamp, Patrick. "Bloomington-based SkyWater Technology files to go public". Minneapolis St Paul Business Journal.
  3. ↑ "Semiconductor manufacturer SkyWater Technology sets terms for $75 million IPO". Renaissance Capital.
  4. ↑ Moore, Samuel K (6 August 2018). "The Foundry at the Heart of DARPA's Plan to Let Old Fabs Beat New Ones". IEEE Spectrum.
  5. ↑ Reilly, Mark. "SkyWater Technology finishes Bloomington HQ expansion for 'rad-hard' chips". Minneapolis St. Paul Business Journals.
  6. ↑ Shih, Willy. "Inside SkyWater Technology's Domestic Semiconductor Foundry". Forbes.
  7. ↑ Ramstad, Evan. "SkyWater shares rise 20% as execs explain move to expand production capacity". Star Tribune.
  8. ↑ Reed, Charlie. "NeoCity back in business with tech firm replacing UCF". Around Osceola.
  9. ↑ Hauser, Tom. "Walz supports federal legislation to boost computer chip manufacturing". KSTP.
  10. ↑ Leopold, George. "SkyWater is Latest Tech IPO". EE Times.
  11. ↑ Manners, David (26 March 2021). "SkyWater to IPO". Electronics Weekly.
  12. ↑ "Semiconductor manufacturer SkyWater Technology files for a $75 million IPO". Nasdaq.
  13. ↑ Aoyma, Naoatsu. "Niche chip maker SkyWater plays key role in U.S. supply strategy". The Asahi Shimbun.
  14. ↑ Nellis, Stephen (13 April 2021). "Biden's chip dreams face reality check of supply chain complexity". Reuters.
  15. ↑ "SkyWater Technology chooses Discovery Park District at Purdue for $1.8B semiconductor fabrication facility, to create 750 jobs in 5 years".
  16. ↑ Clark, Don; Swanson, Ana (2023-01-01). "U.S. Pours Money Into Chips, but Even Soaring Spending Has Limits". The New York Times. ISSN 0362-4331. Retrieved 2023-01-23.
  17. ↑ Moore, Samuel K (6 August 2018). "The Foundry at the Heart of DARPA's Plan to Let Old Fabs Beat New Ones". IEEE Spectrum.
  18. ↑ Lapedus, Mark (17 December 2020). "200mm Demand Surges". Semiconductor Engineering.
  19. ↑ "SkyWater Technology Foundry, Inc". OxBow Industries.
  20. ↑ Herman, Arthur. "Biden, Semiconductors, And America's Future". Forbes.
  21. ↑ Chowdry, Amit (24 August 2021). "SkyWater Technology Shares Increase Over 10% Pre-Market: Why It Happened". Pulse 2.
  22. ↑ Halfacree, Gareth. "Google, SkyWater Release Production Dev Kit, Offer Open Hardware Projects Free 130nm Manufacturing". Hackster.IO.
  23. ↑ Chatterjee, Manisha. "After Announcing an Expanded Partnership, is SkyWater Technology a Buy?". Yahoo News.
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