SkyWater Technology, Inc., together with its subsidiaries, provides semiconductor development and manufacturing services. The company offers engineering and process development support services to co-create technologies with customers; and semiconductor manufacturing services for various silicon-based analog and mixed-signal, power discrete, microelectromechanical systems, and rad-hard integrated circuits. It serves customers operating in the computation, aerospace and defense, automotive and transportation, bio-health, consumer, and industrial/internet of things industries. The company was incorporated in 2017 and is headquartered in Bloomington, Minnesota.

SkyWater Technology, Inc.

SkyWater Technology is a U.S.-based semiconductor manufacturer and a DMEA-accredited Trusted supplier. SkyWater’s Technology as a Service business model streamlines the path to production in diverse technology categories including mixed-signal CMOS, ROICs, rad-hard ICs, power management, MEMS, superconducting ICs, photonics, carbon nanotubes and interposers. Learn more at www.skywatertechnology.com.

SkyWater Technology Foundry

January is over, but it’s still early in the year. If you haven’t tackled your 2024 technology resolutions — we're ready to help. Join us as Dan Rakosky discusses a brand new Design Partner Network that combines innovative design experience from industry leaders Trusted Semiconductor Solutions, IC Enable and Frontgrade Technologies to deliver custom, device-ready chips. In addition, platform data sheets are now available by request on our website for S130, S90, S90LN and RH90 platforms.

https://lnkd.in/gbJ7gV_D

#customdesign #madeintheusa #isocertification #trustedsupplier

"As we continue to experience growth in our innovation-focused ATS development business, we are pleased to see one of our development-stage life science customers begin their transition to Wafer Services production. Our TaaS model allows customers to continue to innovate for future designs on the same tools and processes as their current product, enabling a ‘lab-to-fab' environment,” said Ross Miller, SVP, Commercial and A&D Business at SkyWater. 

“We look forward to continuing to support Nautilus as they move toward the commercial availability of their groundbreaking proteome analysis platform. It’s exciting to be working with their team on efforts to revolutionize biomedicine and positively impact the health and lives of people around the world."

#innovation #semiconductormanufacturing #concepttoproduction #TaaS

Today, SkyWater's Brad Ferguson joined Governor Ron DeSantis, along with leaders from Osceola County Government, Valencia College, and the Osceola County School District to celebrate Florida's significant investments in #semiconductormanufacturing  and #advancedpackaging, with a strong focus on nurturing Florida’s semiconductor-related talent pipeline.

Through these investments, Florida is opening doors for countless students and equipping them with essential tools and knowledge to excel in a rapidly evolving sector. 

A highlight of the event was hearing from Esenia Hernandez, a talented NeoCity Academy student and intern at SkyWater Florida. Esenia shared her inspiring journey, illustrating firsthand how these programs are fueling passion and skill development in the technology sector.

Watch the recording: https://lnkd.in/gYam4mkV

#TechEducation #SemiconductorManufacturing #FloridaInnovation #FutureLeaders #SkyWater

SkyWater's Ben Larry and Jessica Filter participated in the JA Inspire event put on by Junior Achievement of Central Florida at the Osceola Heritage Park on January 23rd. We joined our partners imec, BRIDG and #Neocity at this event that drew nearly 4,000 eighth-grade students.

#juniorachievement #osceolacountyschools #JAinspire #imec #neocity #bridg

Exciting news from POLYN Technology this week! 

#semiconductormanufacturing #innovation

It was an exciting day at SkyWater Florida, as we kicked off a significant project to establish domestic advanced packaging solutions for government and commercial customers. This project was made possible by an award from the DOD’s RESHAPE program to Osceola County Government and directly supports initiatives to strengthen America’s supply chains. 

“We've signed an agreement with Osceola County that enables SkyWater Florida to execute all aspects of the initial DOD award of up to $120 million and stand up our fan-out wafer level packaging capabilities by utilizing Deca Technologies industry leading technology. Our partnership with the county continues to fortify their efforts to build a thriving community in Central Florida designed for advancing the next generation of technologies here in the U.S.” - SkyWater CEO Thomas Sonderman

#FOWLP #advancedpackaging

SkyWater Florida Sponsored the 20th Annual Three Kings Day Osceola Event on January 7th. Everyone had a great time participating — especially Dale Miller and Ben Larry who acted as kings for the event.

“Our CHIPS submission represents a key stepping stone for SkyWater in modernizing and bolstering our production services, thereby ensuring a consistent supply of trusted silicon for critical DOD and commercial programs. This historic funding will accelerate technology development and time to market for our customers, meeting the escalating demand for domestically produced microelectronics,” stated SkyWater President and COO John Sakamoto. “SkyWater is committed to working hand-in-hand with DOD stakeholders, policymakers, and industry leaders to enhance national and economic security, fortify supply chain resilience and cultivate innovation.”

	Dec '19	Dec '20	Jan '22	Jan '23	Dec '23
net income	-16.42M -	-19.71M 20.07%	-47.40M 140.45%	-36.87M 22.22%	-30.76M 16.58%
depreciation and amortization	16.66M -	18.87M 13.23%	27.37M 45.07%	28.19M 3.01%	28.93M 2.62%
deferred income tax	-3.83M -	2.39M 162.24%	-7.06M 395.89%	244K 103.45%	-560K 329.51%
stock based compensation	4.17M -	2.64M 36.75%	12.53M 374.73%	8.61M 31.30%	6.86M 20.33%
change in working capital	3.37M -	99.76M 2,863.73%	-29.43M 129.51%	-17.74M 39.72%	-3.11M 82.47%
accounts receivables	-42.47M -	31.45M 174.06%	-9.39M 129.85%	-12.85M 36.85%	-33.37M 159.78%
inventory	2.04M -	-11.18M 648.87%	-3.77M 66.24%	-5.89M 56.22%	-1.94M 67.02%
accounts payables	-595K -	483K 181.18%	-1.20M 348.03%	18.46M 1,640.73%	21.27M 15.25%
other working capital	44.39M -	79.00M 77.96%	-15.08M 119.08%	-17.46M 15.82%	10.93M 162.60%
other non cash items	6.97M -	-7.74M 211.01%	-6.97M 10.02%	1.71M 124.57%	8.72M 409.23%
net cash provided by operating activities	10.92M -	96.19M 780.66%	-50.97M 152.98%	-15.86M 68.89%	10.08M 163.58%
investments in property plant and equipment	-8.97M -	-89.85M 902.15%	-36.70M 59.16%	-15.38M 58.09%	-10.49M 31.81%
acquisitions net	1.60M -	1.68M 4.88%	2.16M 28.82%		990K -
purchases of investments
sales maturities of investments
other investing activites
net cash used for investing activites	-7.37M -	-88.18M 1,096.76%	-34.54M 60.83%	-15.38M 55.47%	-9.50M 38.24%
debt repayment	-3.02M -	-51.05M 1,591.68%	-8.19M 83.97%	-23.93M 192.34%	-32.58M 36.13%
common stock issued		38.79M -	104.21M 168.68%	16.17M 84.49%	22.70M 40.42%
common stock repurchased		-4.08M -		1.80M -
dividends paid		-2.47M -	-2.92M 18.37%	-1.21M 58.50%
other financing activites	3.57M -	13.64M 281.99%	-2.12M 115.52%	55.52M 2,722.67%	-2.35M 104.23%
net cash used provided by financing activities	552K -	-5.19M 1,039.67%	90.98M 1,854.08%	48.34M 46.86%	-12.22M 125.29%
effect of forex changes on cash
net change in cash	4.11M -	2.83M 31.07%	5.48M 93.61%	17.11M 212.13%	-11.64M 168.06%
cash at beginning of period	498K -	4.61M 824.70%	7.44M 61.48%	12.92M 73.71%	30.02M 132.45%
cash at end of period	4.61M -	7.44M 61.48%	12.92M 73.71%	30.02M 132.45%	18.38M 38.78%
operating cash flow	10.92M -	96.19M 780.66%	-50.97M 152.98%	-15.86M 68.89%	10.08M 163.58%
capital expenditure	-8.97M -	-89.85M 902.15%	-36.70M 59.16%	-15.38M 58.09%	-10.49M 31.81%
free cash flow	1.96M -	6.34M 224.07%	-87.66M 1,482.25%	-31.24M 64.37%	-408K 98.69%

COM:SKYWATERTECHNOLOGY

SkyWater Technology

Last Close

9.15

30/08 20:00

Market Cap

337.60M

Beta: -

Volume Today

202.96K

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