SkyWater Technology, Inc shareholders approved Ratification of the Appointment of KPMG LLP as the Company’s Independent Registered Public Accounting Firm for Fiscal 2026 at the 2026-06-10 meeting.
“Ratification of the Appointment of KPMG LLP as the Company’s Independent Registered Public Accounting Firm for Fiscal 2026 The Company’s stockholders ratified the appointment of KPMG LLP as the Company’s independent registered public accounting firm for fiscal 2026 by the following votes: Votes For Votes Against Abstain 38,561,892 94,418 216,869”
Shareholder Votes
SkyWater Technology, Inc shareholders approved Election of Nine Directors to Hold Office Until the Company’s 2027 Annual Meeting of Stockholders at the 2026-06-10 meeting.
“Election of Nine Directors to Hold Office Until the Company’s 2027 Annual Meeting of Stockholders The Company’s stockholders elected nine directors to serve until the 2027 annual meeting of stockholders and until their successors are duly elected and qualified by the following votes: Name Votes For Votes Withheld Broker Non-Votes Timothy E. Baxter 28,070,754 2,324,562 8,477,863 Edward M. Daly 29,993,959 401,357 8,477,863 Nancy Fares 29,962,582 432,734 8,477,863 Dennis J. Goetz 17,997,261 12,398,055 8,477,863 Joseph J. Humke 24,674,695 5,720,621 8,477,863 Andrew D. C. LaFrence 28,334,349 2,060,967 8,477,863 Tammy J. Miller 28,228,743 2,166,573 8,477,863 Thomas Sonderman 30,097,653 297,663 8,477,863 Loren A. Unterseher 30,082,040 313,276 8,477,863”
Shareholder Votes
SkyWater Technology, Inc shareholders approved Approval of proposal to adjourn the Special Meeting, if necessary or appropriate, to solicit additional proxies if there are not sufficient votes to approve Proposal 1. at the 2026-05-08 meeting.
“2. Proposal 2 : The approval of a proposal to adjourn the Special Meeting, if necessary or appropriate, to solicit additional proxies if there are not sufficient votes to approve Proposal 1. This proposal was approved as set forth below: Shares Voted For Shares Voted Against Abstentions Broker Non-Votes 30,997,996 1,935,079 147,762 —”
Shareholder Votes
SkyWater Technology, Inc shareholders approved Approval of proposal to adopt and approve the Merger Agreement and the transactions contemplated thereby, including the Mergers. at the 2026-05-08 meeting.
“1. Proposal 1 : The approval of a proposal to adopt and approve the Merger Agreement and the transactions contemplated thereby, including the Mergers. This proposal was approved as set forth below: Shares Voted For Shares Voted Against Abstentions Broker Non-Votes 32,583,970 404,827 92,040 —”
Material Agreements
SkyWater Technology, Inc entered into Agreement and Plan of Merger with IonQ, Inc. (effective 2026-01-25).
“On January 25, 2026, SkyWater Technology, Inc., a Delaware corporation (the “Company” or “SkyWater”), entered into an Agreement and Plan of Merger (the “Merger Agreement”) with IonQ, Inc., a Delaware corporation (“Parent” or “IonQ”), Iris Merger Subsidiary 1 Inc., a Delaware corporation and a wholly owned subsidiary of IonQ (“Merger Sub 1”), and Iris Merger Subsidiary 2 LLC, a Delaware limited liability company and a wholly owned subsidiary of Parent (“Merger Sub 2””
Debt Financings
SkyWater Technology, Inc incurred revolving credit of $350 million with Siena Lending Group LLC (as agent) at term SOFR loan rate ... plus applicable margin ranging from 5.0% to 4.0% per ann maturing June 30, 2030.
“The Loan Agreement provides for a revolving line of credit of up to $350 million with scheduled maturity date of June 30, 2030.”
M&A Transactions
SkyWater Technology, Inc completed an acquisition involving Spansion LLC for approximately $93 million (closed 2025-06-30).
“the Transaction in accordance with the terms and conditions of Purchase Agreement, as amended by the Amendment. The purchase price for the Transaction was approximately $93 million, all of which was paid in cash at the closing of the Transaction, comprised of a base purchase price of $73 million plus a payment for working capital of approximately $20”
Tammy J. Miller was elected as Director at SkyWater Technology, Inc.
“On March 30, 2025, the Board of Directors (“Board”) of SkyWater Technology, Inc. (the “Company”) elected Timothy E. Baxter, Andrew D. C. LaFrence and Tammy J. Miller to serve on the Board effective March 31, 2025.”
Andrew D.C. LaFrence was elected as Director at SkyWater Technology, Inc.
“On March 30, 2025, the Board of Directors (“Board”) of SkyWater Technology, Inc. (the “Company”) elected Timothy E. Baxter, Andrew D. C. LaFrence and Tammy J. Miller to serve on the Board effective March 31, 2025.”
Timothy E. Baxter was elected as Director at SkyWater Technology, Inc.
“On March 30, 2025, the Board of Directors (“Board”) of SkyWater Technology, Inc. (the “Company”) elected Timothy E. Baxter, Andrew D. C. LaFrence and Tammy J. Miller to serve on the Board effective March 31, 2025.”
Chunyi (Amy) Leong resigned as Director at SkyWater Technology, Inc.
“On September 15, 2024, Chunyi (Amy) Leong informed SkyWater Technology, Inc. (the “Company”) of her decision to resign from the Company’s Board of Directors (the “Board”) effective September 29, 2024.”
Earnings Releases
SkyWater Technology, Inc reported first quarter 2024 ended March 31, 2024 results: revenue $79.6 million, net income Net loss to shareholders of $5.7 million, or $0.12 per share on a GAAP basis, EPS $0.12 per share on a GAAP basis.
“partner, today announced financial results for the first quarter 2024 ended March 31, 2024. Financial Highlights for Q1 2024: • Revenue increased 20% year-over-year to a record $79.6 million. • Gross margin decreased to 16.3% on a GAAP basis, compared to 24.9% in Q1 2023, and decreased to 16.9% on a non-GAAP basis, compared to 25.7% in Q1 2023. • Net loss to”
Joseph J. Humke was elected as Director at SkyWater Technology, Inc.
“elected Dennis J. Goetz and Joseph J. Humke to serve on the Board effective April 1, 2024.”
Dennis J. Goetz was elected as Director at SkyWater Technology, Inc.
“elected Dennis J. Goetz and Joseph J. Humke to serve on the Board effective April 1, 2024.”
Earnings Releases
SkyWater Technology, Inc reported fourth quarter and full fiscal year 2023 ended December 31, 2023 results: revenue $79.2 million, net income Net loss to shareholders of $10.3 million, or $(0.22) per share, EPS $(0.22) per share.
“financial results for the fourth quarter and full fiscal year 2023 ended December 31, 2023. Financial Highlights for Q4 2023: • Revenue increased 22% year-over-year to a record $79.2 million. • Gross margin decreased to 15.2% on a GAAP basis, compared to 25.4% in Q4 2022, and decreased to 17.4% on a non-GAAP basis, compared to 26.1% in Q4 2022. • Net loss to”
Earnings Releases
SkyWater Technology, Inc reported the third quarter of 2023, ended October 1, 2023 results: revenue $71.6 million, net income net loss to shareholders of $7.6 million, EPS $(0.16) per share.
“today announced financial results for the third quarter of 2023, ended October 1, 2023. Financial Highlights for Q3 2023: • Revenue increased 37% year-over-year to a record $71.6 million. • Gross margin increased to 19.8% on a GAAP basis, compared to 15.8% in Q3 2022, and increased to 20.4% on a non-GAAP basis, compared to 16.9% in Q3 2022. • Net loss to”
John Sakamoto was appointed as President and Chief Operating Officer at SkyWater Technology, Inc.
“On September 13, 2023, the Board of Directors (“Board”) of SkyWater Technology, Inc. (the “Company”) appointed John Sakamoto to serve as the Company’s President and Chief Operating Officer, effective September 25, 2023.”
Edward M. Daly was elected as Director at SkyWater Technology, Inc.
“On August 16, 2023, the Board of Directors (“Board”) of SkyWater Technology, Inc. (the “Company”) elected General Edward M. Daly to serve on the Board effective October 1, 2023.”
Earnings Releases
SkyWater Technology, Inc reported the second quarter of 2023, ended July 2, 2023 results: revenue $69.8 million, net income $(0.19) per share, EPS $(0.19) per share.
“partner, today announced financial results for the second quarter of 2023, ended July 2, 2023. Highlights for Q2 2023: • Revenue increased 47% year-over-year to a record $69.8 million. • Gross margin increased to 23.9% on a GAAP basis, compared to 4.4% in Q2 2022, and increased to 24.7% on a non-GAAP basis, compared to 5.6% in Q2 2022. • Net loss to”
Shareholder Votes
SkyWater Technology, Inc shareholders approved Approval of an Amendment and Restatement of the ESPP at the 2023-06-07 meeting.
“Approval of an Amendment and Restatement of the ESPP The Company’s stockholders approved an amendment and restatement of the ESPP by the following votes: Votes For Votes Against Abstain Broker Non-Votes 26,067,804 5,155,140 52,770 5,612,787”
Shareholder Votes
SkyWater Technology, Inc shareholders approved Approval of an Amendment and Restatement of the Equity Incentive Plan at the 2023-06-07 meeting.
“Approval of an Amendment and Restatement of the Equity Incentive Plan The Company’s stockholders approved an amendment and restatement of the Equity Incentive Plan by the following votes: Votes For Votes Against Abstain Broker Non-Votes 24,060,119 7,139,556 76,039 5,612,787”
Shareholder Votes
SkyWater Technology, Inc shareholders approved Ratification of the Appointment of Deloitte & Touche LLP as the Company’s Independent Registered Public Accounting Firm for Fiscal 2023 at the 2023-06-07 meeting.
“Ratification of the Appointment of Deloitte & Touche LLP as the Company’s Independent Registered Public Accounting Firm for Fiscal 2023 The Company’s stockholders ratified the appointment of Deloitte & Touche LLP as the Company’s as its independent registered public accounting firm for fiscal 2023 by the following votes: Votes For Votes Against Abstain 36,761,066 114,714 12,721”
Shareholder Votes
SkyWater Technology, Inc shareholders approved Election of Eight Directors to Hold Office Until the Company’s 2024 Annual Meeting of Stockholders at the 2023-06-07 meeting.
“Election of Eight Directors to Hold Office Until the Company’s 2024 Annual Meeting of Stockholders The Company’s stockholders elected eight directors to serve until the 2024 annual meeting of stockholders and until their successors are duly elected and qualified by the following votes: Name Votes For Votes Withheld Broker Non-Votes Nancy Fares 31,023,820 251,894 5,612,787 Gregory B. Graves 31,026,050 249,664 5,612,787 John T. Kurtzweil 31,010,984 264,730 5,612,787 Chunyi (Amy) Leong 30,960,358 315,356 5,612,787 Thomas R. Lujan 28,729,007 2,546,707 5,612,787 Gary J. Obermiller 30,939,616 336,098 5,612,787 Thomas Sonderman 25,898,313 5,377,401 5,612,787 Loren A. Unterseher 24,523,362 6,752,352 5,612,787”
Earnings Releases
SkyWater Technology, Inc reported first quarter ended April 2, 2023 results: revenue Revenue $66.1 million, net income Net loss to shareholders $(4.3) million, EPS Basic loss per share $(0.10).
“SKYT), the trusted technology realization partner, today announced financial results for the first quarter 2023, ended April 2, 2023. Highlights for Q1 2023: • Revenue increased 37% year-over-year to a record $66.1 million. • Gross margin increased to 24.9% on a GAAP basis, compared to (2.0)% in Q1 2022, and increased to 25.8% on a non-GAAP basis, compared”
Earnings Releases
SkyWater Technology, Inc reported financial results for the fourth quarter and full fiscal year ended January 1, 2023.
“On February 13, 2023 , SkyWater Technology, Inc. (the “Company”) issued a press release announcing its financial results for the fourth quarter and full fiscal year ended January 1, 2023.”
Earnings Releases
SkyWater Technology, Inc reported financial results for Q4 2022.
“On February 13, 2023 , SkyWater Technology, Inc. (the “Company”) issued a press release announcing its financial results for the fourth quarter and full fiscal year ended January 1, 2023.”
Material Agreements
SkyWater Technology, Inc terminated Amended and Restated Credit Agreement with Wells Fargo Bank, National Association valued at $43.5 million (effective 2022-12-28).
“On December 28, 2022, in connection with the entry into the Loan Agreement, the Company repaid the $ 43.5 million in outstanding indebtedness under, and terminated, that certain Amended and Restated Credit Agreement dated as of December 28, 2020, by and between the Company (successor by conversion to CMI Acquisition, LLC), SkyWater Foundry and other subsidiaries of the Company as borrowers, and Wells Fargo Bank, National Association.”
Material Agreements
SkyWater Technology, Inc entered into Loan and Security Agreement with Siena Lending Group LLC, as agent, and the Lenders valued at up to $100 million (effective 2022-12-28).
“On December 28, 2022, SkyWater Technology, Inc. (the “Company”) and its subsidiaries, SkyWater Technology Foundry, Inc., SkyWater Federal, LLC and SkyWater Florida, Inc. (the “Borrowers”) entered into a Loan and Security Agreement (the “Loan Agreement”) with Siena Lending Group LLC, as agent (the “Agent”) for Siena Lending Group LLC and GRC SPV Investments, LLC and the other financial institutions party to the Loan Agreement from time to time (the “Lenders”).”
Earnings Releases
SkyWater Technology, Inc reported third quarter of fiscal 2022 results: revenue $52.3 million, net income $6.9 million net loss to shareholders, EPS $(0.17) per share. Guidance raised.
“echnology (NASDAQ: SKYT), the trusted technology realization partner, today announced financial results for the third quarter of 2022, ended October 2, 2022. • Total revenue of $52.3 million, up 49% year over year. • Net loss to shareholders of $6.9 million, or (13)% of revenue. • Adjusted EBITDA of $3.8 million, or 7.3% of revenue. “We are pleased to report record”
Gregory B. Graves was elected as Director at SkyWater Technology, Inc.
“On February 2, 2022, the Board of Directors (“Board”) of SkyWater Technology, Inc. (the “Company”) elected Gregory B. Graves to serve on the Board effective March 2, 2022.”
Chunyi (Amy) Leong was elected as Director at SkyWater Technology, Inc.
“On December 10, 2021, the Board of Directors (“Board”) of SkyWater Technology, Inc. (the “Company”) elected Nancy Fares and Chunyi (Amy) Leong to serve on the Board effective January 3, 2021.”
Nancy Fares was elected as Director at SkyWater Technology, Inc.
“On December 10, 2021, the Board of Directors (“Board”) of SkyWater Technology, Inc. (the “Company”) elected Nancy Fares and Chunyi (Amy) Leong to serve on the Board effective January 3, 2021.”
Steve Manko changed role as Chief Financial Officer at SkyWater Technology, Inc.
“Steve Manko, the Company’s Chief Financial Officer, will perform the responsibilities of principal accounting officer of the Company upon the departure of Mr. Yang.”
Khoua Yang resigned as Vice President, Finance (principal accounting officer) at SkyWater Technology, Inc.
“On October 5, 2021, Khoua Yang notified SkyWater Technology, Inc. (the “Company”) that he intends to resign as Vice President, Finance (“principal accounting officer”) of the Company effective November 1, 2021.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.