Insider Brief
- IonQ has received final regulatory approval to acquire SkyWater Technology, positioning the companies to complete the transaction on July 31, 2026 and strengthen IonQ’s U.S.-based quantum computing manufacturing capabilities.
- The acquisition is intended to accelerate IonQ’s quantum computing roadmap by securing a fully domestic, scalable semiconductor supply chain to support its chip-focused hardware strategy.
- After closing, SkyWater will continue operating as a wholly owned subsidiary under its existing name while serving foundry customers, with the combined company scheduled to hold its second-quarter earnings call on August 5 and an investor day on September 8, 2026.
PRESS RELEASE — IonQ (NYSE: IONQ), the world’s leading quantum platform company, today received final regulatory approval to complete its acquisition of SkyWater Technology (NASDAQ: SKYT), the largest exclusively U.S.-based semiconductor foundry.
As noted when the companies announced their definitive agreement in January 2026, this transaction is expected to enable IonQ to materially accelerate its quantum computing roadmap and secure its fully scalable supply chain domestically, clearing the way for IonQ’s chip-focused approach to manufacturing new generations of its quantum computers.
Following the close of the transaction, SkyWater will continue to serve a full range of customers as a U.S.-based semiconductor foundry, operating as a wholly owned subsidiary of IonQ under the SkyWater name. Together with IonQ’s proprietary technology and capabilities and differentiated development services, IonQ and SkyWater will serve the full quantum ecosystem.
Anticipated Closing
The companies anticipate that having secured all required regulatory approvals and satisfied other outstanding closing conditions, they will promptly complete all necessary arrangements to close the transaction on Friday, July 31, 2026.
The combined company is expected to hold its second quarter earnings call on Wednesday, August 5, 2026 after the U.S. market closes and an investor day in the third quarter of 2026 (Sept. 8).
