IonQ Completes Acquisition of SkyWater Technology, Establishing Vertically Integrated Quantum Platform
Mohamed Abdel-Kareem2026-07-31T08:27:37-07:00Trapped-ion quantum computing developer IonQ (NYSE: IONQ) has officially completed its acquisition of SkyWater Technology (NASDAQ: SKYT), the largest exclusively U.S.-based semiconductor foundry. Following final regulatory approvals, the transaction closed on July 31, 2026, establishing IonQ as a vertically integrated quantum platform company with internal ownership of design, wafer fabrication, advanced packaging, and system-level deployment. Under the financial terms of the agreement, SkyWater shareholders received $15.00 in cash and 0.4883 shares of IonQ common stock for each share of SkyWater common stock held at closing. SkyWater will operate as a wholly owned subsidiary of IonQ under the SkyWater name, led by [...]