Quantum computing firm IonQ said \u200don Monday it would buy chipmaker SkyWater Technology for about $1.8 billion, in a \u2060deal that would bring semiconductor manufacturing in-house and boost the development of its next-generation quantum processors.<\/p>\n
The cash-and-stock deal will allow IonQ to secure its supply chain \u200cby taking \u200ccontrol of its own chip production, ensuring a steady supply of advanced technology as \u200cit scales up its work supporting federal and defense sectors.<\/p>\n
IonQ’s shares rose about 4% in early trading, while SkyWater jumped nearly 8%.<\/p>\n
By acquiring its own fabrication facility and securing embedded access to a trusted U.S. foundry, IonQ will be able to begin testing its planned 200,000-qubit chips in 2028, which is earlier \u200cthan \u200dpreviously expected, the company said. In quantum computing, a \u200dqubit serves as the fundamental unit of information. <\/p>\n
SkyWater, a \u200cU.S. semiconductor foundry with operations in Minnesota, Florida, and Texas, will use those facilities as quantum production hubs for IonQ, the companies said.<\/p>\n
SkyWater’s shareholders will receive $15 in cash and $20 in IonQ stock for each share of SkyWater, representing a premium of nearly 12% to SkyWater’s last closing price.<\/p>\n
The deal \u200dis expected to close in the second or third quarter of 2026, after which SkyWater will operate \u200das a \u2060wholly owned subsidiary, remaining \u2060under the leadership of CEO Thomas Sonderman, who will report to IonQ CEO Niccolo de Masi.<\/p>\n
The subsidiary will continue to provide its existing aerospace, defense, and commercial customers with wafer services, advanced packaging, and specialized components like atomic clocks. <\/p>\n
IonQ also said it expects its full-year 2025 revenue to be at the high end or above its previously announced forecast of $106 million to $110 million.<\/p>\n","protected":false},"excerpt":{"rendered":"
Quantum computing firm IonQ said \u200don Monday it would buy chipmaker SkyWater Technology for about $1.8 billion, in a \u2060deal that would bring semiconductor manufacturing in-house and boost the development of its next-generation quantum processors. The cash-and-stock deal will allow IonQ to secure its supply chain \u200cby taking \u200ccontrol of its own chip production, ensuring a steady supply of advanced technology as \u200cit scales up its work supporting federal and defense sectors. IonQ’s shares rose about 4% in early trading, while SkyWater jumped nearly 8%. By acquiring its own fabrication facility and securing embedded access to a trusted U.S. foundry, […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[7],"tags":[],"class_list":["post-988369","post","type-post","status-publish","format-standard","hentry","category-it-2"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/988369","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=988369"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/988369\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=988369"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=988369"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=988369"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}