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IonQ Clears Final Regulatory Hurdle to Complete Acquisition of SkyWater Technology
Trapped-ion quantum hardware developer IonQ (NYSE: IONQ) has secured final regulatory approval to finalize its acquisition of SkyWater Technology (NASDAQ: SKYT), the largest exclusively U.S.-based semiconductor foundry. First announced as a definitive $1.8 billion cash-and-stock transaction in January 2026, the deal is set to close on July 31, 2026. Following transaction completion, SkyWater will operate as a wholly owned subsidiary under its existing brand, maintaining its commercial pure-play foundry model while providing IonQ with embedded, dedicated fabrication lines. The combined entity will hold its Q2 2026 financial earnings call on August 5, 2026, followed by an investor day scheduled for September 8, 2026.
