SKYT · CIK 0001819974 · operating
# SkyWater Technology, Inc.
Based in Bloomington, Minnesota, SkyWater operates as a pure-play semiconductor foundry providing development, manufacturing, and packaging services. The company specializes in silicon-based analog and mixed-signal integrated circuits, micro-electromechanical systems (MEMS), and radiation-hardened semiconductor solutions. SkyWater offers engineering and process development support alongside co-creation services, enabling customers to develop customized microelectronics and related micro- and nanotechnology applications tailored to specific requirements.
The company serves customers across multiple end markets, including advanced computation, aerospace and defense, automotive, bio-health, and industrial sectors. Its rad-hard integrated circuit capabilities address requirements in space and high-radiation environments, while its analog and mixed-signal focus supports a range of commercial and specialized applications. SkyWater's foundry model positions it as a manufacturing partner rather than a fabless designer, differentiating it through direct manufacturing control and process development capabilities.
The company was incorporated in 2016 and operates manufacturing facilities in the United States. SkyWater trades on Nasdaq under the ticker SKYT and maintains a market capitalization of approximately $1.4 billion.
Fiscal years are as reported by the company and may not align with the calendar year. For example, Apple's FY 2024 ends in September 2024.
| Fiscal Year | EPS Diluted | EPS Basic | YoY | |
|---|---|---|---|---|
| 2024 | $-0.14 | $-0.14 | +79.4% | |
| 2023 | $-0.68 | $-0.68 | +29.9% | |
| 2022 | $-0.97 | $-0.97 | +44.9% | |
| 2021 | $-1.76 | $-1.76 | — |