Press Releases

Hybrid bonding capability strongly complements SkyWater’s developing portfolio of heterogeneous integration solutions including silicon interposer and fan-out packaging

KISSIMMEE, Fla. and SAN JOSE, Calif. – May 12, 2022 – SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, and Adeia, the newly launched brand for the IP licensing business of Xperi Holding Corporation (NASDAQ: XPER) (“Xperi”), today announced that SkyWater signed a technology licensing agreement with Xperi Corporation. SkyWater and its customers will now have access to Adeia’s ZiBond^® direct bonding and DBI^® hybrid bonding technology and IP to enhance next generation devices for commercial and government applications. This technology adds to SkyWater’s developing heterogeneous integration platform solutions in its Florida facility which also includes silicon interposer and fan-out wafer-level packaging (FOWLP) technologies.

“It’s an exciting time in the semiconductor industry, where advanced packaging technology has become a key enabler for product performance and innovation. Adeia has pioneered 3D integration with hybrid bonding and is leading industry adoption through technology knowhow transfer,” said Laura Mirkarimi, vice president, 3D semiconductor portfolio and technology of Adeia, “We applaud SkyWater’s efforts to offer this technology to their customers.”

“We’re pleased to offer our customers access to Adeia’s hybrid bonding technology as the industry continues to shift toward advanced 3D technologies and architectures to scale performance and functionality,” said Dr. Steven Kosier, SkyWater’s chief technology officer. “We see demand from our customers for domestic advanced packaging capabilities which provide supply chain transparency and robust IP protection. We’re investing in this technology today with Adeia, a recognized leader in hybrid bonding, because it enables our customers’ product roadmaps, competitive advantage, and accelerated time to market.”

As traditional Moore’s Law scaling shows diminishing returns and becomes more expensive, the industry is progressively looking toward 2.5D and 3D stacking and integration technologies to meet market demands. The 3D high performance packaging market is expected to grow to nearly $8B by 2027[1]. Hybrid bonding 3D integration technology is increasingly being utilized in various semiconductor devices such as sensors, memory, and logic to enable increased I/O density, improved electrical and mechanical performance, and reduced size and cost. Hybrid bonding will enable a new wave of semiconductor devices rearchitected with 3D in mind from the start as opposed to simply stacking conventional 2D-architected designs.

About Adeia

Adeia invents, develops and licenses fundamental innovations that shape the way millions of people explore and experience entertainment in an increasingly connected world. From TVs to smartphones, and across all types of entertainment experiences, Adeia’s technologies allow users to manage content and connections in a way that is smart, immersive and personal. For more information, please visit adeia.com.

About Xperi Holding Corporation

Xperi invents, develops, and delivers technologies that enable extraordinary experiences. Xperi technologies, delivered via its brands (Adeia, DTS, HD Radio, IMAX Enhanced, TiVo), and by its startup, Perceive, make entertainment more entertaining, and smart devices smarter. Xperi technologies are integrated into billions of consumer devices, media platforms, and semiconductors worldwide, driving increased value for partners, customers and consumers.

Xperi, Adeia, DTS, IMAX Enhanced, HD Radio, Perceive, TiVo and their respective logos are trademarks or registered trademarks of affiliated companies of Xperi Holding Corporation in the United States and other countries. All other company, brand and product names may be trademarks or registered trademarks of their respective companies.

Xperi Safe Harbor Statement

This press release contains “forward-looking statements” within the meaning of the federal securities laws, including Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are based on Xperi’s current expectations, estimates and projections about industry and market trends and expected growth. In this context, forward-looking statements often address expected future business, financial performance and financial condition, and often contain words such as “expect,” “anticipate,” “intend,” “plan,” “believe,” “could,” “seek,” “see,” “will,” “may,” “would,” “might,” “potentially,” “estimate,” “continue,” “expect,” “target,” similar expressions or the negatives of these words or other comparable terminology that convey uncertainty of future events or outcomes. All forward-looking statements by their nature address matters that involve risks and uncertainties, many of which are beyond our control, and are not guarantees of future results, such as statements about the anticipated benefits of the transaction. These and other forward-looking statements are not guarantees of future results and are subject to risks, uncertainties and assumptions that could cause actual results to differ materially from those expressed in any forward-looking statements. Accordingly, there are or will be important factors that could cause actual results to differ materially from those indicated in such statements and, therefore, you should not place undue reliance on any such statements and caution must be exercised in relying on forward-looking statements. Important risk factors that may cause such a difference include, but are not limited to: anticipated tax treatment, unforeseen liabilities, future capital expenditures, revenue, cost savings, expenses, earnings, synergies, economic performance, indebtedness, financial condition, losses, future prospects, business strategies, and expansion and growth of Xperi’s businesses; Xperi’s ability to implement its business strategy; pricing trends, including Xperi’s ability to achieve economies of scale; the ability of Xperi to retain and hire key personnel; uncertainty as to the long-term value of Xperi’s common stock; legislative, regulatory and economic developments affecting Xperi’s business; general economic and market developments and conditions; failure to remediate the material weaknesses in our internal control over financial reporting; the evolving legal, regulatory and tax regimes under which Xperi operates; unpredictability and severity of catastrophic events, including, but not limited to, acts of terrorism or outbreak of war or hostilities, including Russia’s invasion of Ukraine, and natural disasters; the extent to which the COVID-19 pandemic continues to have an adverse impact on our business, results of operations, and financial condition will depend on future developments, including measures taken in response to the pandemic, which are highly uncertain and cannot be predicted; the impact of semiconductor supply chain constraints on our customers; and any plans regarding the separation of Xperi’s IP and Product businesses. These risks, as well as other risks associated with the business, are more fully discussed in Xperi’s filings with the U.S. Securities and Exchange Commission (“SEC”), including Xperi’s Annual Report on Form 10-K. While the list of factors presented here is, and the list of factors presented in Xperi’s filings with the SEC are, considered representative, no such list should be considered to be a complete statement of all potential risks and uncertainties. Unlisted factors may present significant additional obstacles to the realization of forward-looking statements. Consequences of material differences in results as compared with those anticipated in the forward looking statements could include, among other things, business disruption, operational problems, financial loss, legal liability to third parties and similar risks, any of which could have a material adverse effect on Xperi’s consolidated financial condition, results of operations, liquidity or trading price of common stock. Xperi does not assume any obligation to publicly provide revisions or updates to any forward-looking statements, whether as a result of new information, future developments or otherwise, should circumstances change, except as otherwise required by securities and other applicable laws. 

About SkyWater Technology

SkyWater (NASDAQ: SKYT) is a U.S.-owned semiconductor manufacturer and a DMEA-accredited Trusted supplier. SkyWater’s Technology as a Service^SM model streamlines the path to production for customers with development services, volume production and heterogeneous integration solutions in its world-class U.S. facilities. This pioneering model enables innovators to co-create the next wave of technology with diverse categories including mixed-signal CMOS, ROICs, rad-hard ICs, power discretes, MEMS, superconducting ICs, photonics, carbon nanotubes and interposers. SkyWater serves growing markets including aerospace & defense, automotive, biomedical, cloud & computing, consumer, industrial and IoT. For more information, visit: www.skywatertechnology.com.

SkyWater Technology Forward-Looking Statements

This press release contains “forward-looking” statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements that are based on the Company’s current expectations or forecasts of future events, rather than past events and outcomes, and such statements are not guarantees of future performance. Forward-looking statements are subject to risks, uncertainties and assumptions, which may cause the Company’s actual results, performance or achievements to be materially different from those expressed or implied by such forward-looking statements. Key factors that could cause the Company’s actual results to be different than expected or anticipated include, but are not limited to, factors discussed in the “Risk Factors” section of its annual report on Form 10-K and quarterly reports on Form 10-Q, and in other documents that the Company files with the SEC, which are available at http://www.sec.gov. The Company assumes no obligation to update any forward-looking statements, which speak only as of the date of this press release.

Xperi Investors: Jill Koval | 203.832.4449 | IR@xperi.com

Adeia / Xperi Media: Amy Brennan | 949.518.6846 | amy.brennan@xperi.com

SkyWater Company Contact: Tara Luther | 952.851.5023 | tara.luther@skywatertechnology.com

SkyWater Media Contact: Lauri Julian | 949.280.5602 | lauri.julian@skywatertechnology.com

BLOOMINGTON, Minn. – May 9, 2022 – SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced that company management is scheduled to participate in these upcoming investor conferences in Q2:

Oppenheimer 7^th Annual Emerging Growth Conference
Virtual; 1×1 meetings being held Tuesday, May 10, 2022

Cowen 50^th Annual Technology, Media & Telecom Conference
New York, NY
Conference dates: June 1-2, 2022
SKYT schedule: 1x1s only

Investor presentation material utilized during these events will be made available on the company’s investor relations website.

About SkyWater Technology

SkyWater (NASDAQ: SKYT) is a U.S.-owned semiconductor manufacturer and a DOD-accredited Trusted supplier. SkyWater’s Technology as a Service^SM model streamlines the path to production for customers with development services, volume production and heterogeneous integration solutions in its world-class U.S. facilities. This pioneering model enables innovators to co-create the next wave of technology with diverse categories including mixed-signal CMOS, ROICs, rad-hard ICs, power discretes, MEMS, superconducting ICs, photonics, carbon nanotubes and interposers. SkyWater serves growing markets including aerospace & defense, automotive, biomedical, cloud & computing, consumer, industrial and IoT. For more information, visit www.skywatertechnology.com/.

SkyWater Investor Contact: Claire McAdams | claire@headgatepartners.com
SkyWater Media Contact: Lauri Julian | media@skywatertechnology.com

 Major step for production readiness of domestic heterogeneous integration solutions 

BLOOMINGTON, Minn. – March 31, 2022 – SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced that its Florida facility has achieved ISO 9001: 2015 Quality Management System certification to support domestic heterogenous integration solutions. In January 2021, SkyWater took over operation of the Center for Neovation, a state-of-the-art 200 mm semiconductor manufacturing facility in NeoCity, Osceola County to address emerging commercial and government agency needs for U.S.-sourced electronics. 

ISO 9001:2015 is the world’s most widely recognized quality management standard and helps organizations to meet the expectations and needs of their customers. As part of the certification process, SkyWater Florida engaged in a rigorous audit of its business processes. By achieving this level of certification, the company is demonstrating its ability and desire to effectively provide a quality management system while continuously improving its services and internal processes. 

“Adhering to our quality policy and maintaining a management system that is both effective and efficient gives our customers confidence in our processes,” said CJ Bonifas, SkyWater’s VP of quality, EHS, failure analysis and operational excellence. “By having measurable quality objectives and openly encouraging feedback from internal and external parties, we are able to track our progress and make improvements that have a genuinely positive impact on our business.” 

According to Dale Miller, SkyWater Florida site general manager, “Achieving this standard is a reflection of our hard work and dedication as we step up the Florida facility to provide a domestic source for heterogeneous integration solutions.”

SkyWater plans to offer customers a U.S.-based manufacturing capability for the next generation of heterogenous integration. These offerings include Si-interposer with and without through silicon vias (TSVs), wafer-to-wafer (W2W) hybrid bonding, and fan-out wafer-level packaging (FOWLP). Plans for the near future are to offer a die-to-wafer (D2W) and die-to-die (D2D) hybrid bonding capability to enable the integration of different semiconductor devices, commonly called chiplets, into a highly dense package which provides enhanced performance at the smallest size for the lowest cost. Applications such as AI, 5G, IoT and consumer are driving demand for increased electronic device performance, and advanced packaging production demands have been created by these technologies. 

About SkyWater Technology

SkyWater (NASDAQ: SKYT) is a U.S.-owned semiconductor manufacturer and a DOD-accredited Trusted supplier. SkyWater’s Technology as a Service^SM model streamlines the path to production for customers with development services, volume production and heterogeneous integration solutions in its world-class U.S. facilities. This pioneering model enables innovators to co-create the next wave of technology with diverse categories including mixed-signal CMOS, read-out ICs, rad-hard, power discretes, MEMS, superconducting ICs, photonics, carbon nanotubes and interposers. SkyWater serves growing markets including aerospace & defense, automotive, biomedical, cloud & computing, consumer, industrial and IoT. For more information, visit: www.skywatertechnology.com.

SkyWater Technology Forward-Looking Statements

This press release contains “forward-looking” statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements that are based on the Company’s current expectations or forecasts of future events, rather than past events and outcomes, and such statements are not guarantees of future performance. Forward-looking statements are subject to risks, uncertainties and assumptions, which may cause the Company’s actual results, performance or achievements to be materially different from those expressed or implied by such forward-looking statements. Key factors that could cause the Company’s actual results to be different than expected or anticipated include, but are not limited to, factors discussed in the “Risk Factors” section of its annual report on Form 10-K and quarterly reports on Form 10-Q, and in other documents that the Company files with the SEC, which are available at http://www.sec.gov. The Company assumes no obligation to update any forward-looking statements, which speak only as of the date of this press release. 

SkyWater Company Contact: Tara Luther | 952.851.5023 | tara.luther@skywatertechnology.com

SkyWater Media Contact: Lauri Julian | 949.280.5602 | lauri.julian@skywatertechnology.com

SAN JOSE, Calif. and BLOOMINGTON, Minn. – March 8, 2022 – QuickLogic Corporation (NASDAQ: QUIK), a developer of ultra-low power multi-core voice-enabled SoCs, embedded FPGA IP and Endpoint AI solutions, today announced it has teamed with SkyWater Technology (NASDAQ: SKYT), a U.S.-based, DOD-accredited Trusted Foundry, to make a “fast boot” rad-hard eFPGA IP available to users of SkyWater’s 90 nm rad-hard (RH90) process. This technology can be embedded as an IP core in ASIC and SoC devices or implemented as a custom rad-hard FPGA for mission critical and/or ruggedized applications. QuickLogic’s eFPGA technology will be the first rad-hard embedded FPGA IP to be enabled for SkyWater’s RH90 process.

Embedded FPGA IP provides a host of benefits to its users. Its reprogrammable technology enables post-manufacturing design flexibility, which allows single SoC or ASIC designs to serve multiple related applications – or easily adapt to changing standards or mission-specific requirements. It also supports customized implementations for intellectual property protection and offloading and hardware acceleration for artificial intelligence / machine learning applications. For defense and other long life cycle applications, eFPGA technology extends device lifetime by enabling customers’ SoCs and ASICs to accommodate system-level changes without incurring the high costs of creating and qualifying a new device. Another key benefit for this eFPGA IP implementation is the “fast boot” feature. Typical discrete FPGAs and eFPGA IPs can require hundreds of milliseconds to load their intended configuration. Through QuickLogic’s architecture innovations, this new eFPGA IP supports sub-100 microsecond boot times, independent of gate count, which is over 1000X better than traditional approaches.

Rad-hard applications depend on high-reliability devices that perform in the harshest environments, including exposure to high radiation levels. SkyWater’s RH90 fully depleted SOI process will meet the needs of strategic military, aerospace and commercial applications for higher density, smaller physical size and higher performance devices. Development of this advanced process was enabled by the previously announced investment in SkyWater’s facility expansion and technology development made under the DOD’s Trusted and Assured Microelectronics program.

This collaboration with QuickLogic expands a developing ecosystem that will enable a wide spectrum of advanced solutions for extreme environments. Moreover, customers producing rad-hard devices will benefit from SkyWater’s decades of commercially focused manufacturing heritage for demanding end markets as well as from SkyWater’s high quality standards for low- and high-volume designs.

“Customers needing rad-hard eFPGA implementations will find a great solution in SkyWater’s RH90 process,” said Brian Faith, QuickLogic’s CEO. “SkyWater offers the only onshore, Trusted, 90nm rad hard by process technology. The RH90 process supports increased density of circuits which improves speed and performance for digital applications.”

“QuickLogic’s eFPGA technology is a key element of our RH90 technology platform,” said Steve Kosier, SkyWater’s chief technology officer. “By embedding this IP, customers can gain nearly any level of post-manufacturing design flexibility for their ASIC and SoC devices while extending the applicability and longevity of their products. This is particularly valuable and important for strategic rad hard applications.”

ASIC and SoC developers can benefit from QuickLogic’s Australis eFPGA IP Generator, a tool that creates the eFPGA IP cores in a highly automated way, from definition to delivery of customized eFPGA IP. The tool is based on the OpenFPGA workflow and adds features specific to implementing QuickLogic’s eFPGA IP solutions and provides the level of testing and support required for users to build devices capable of operating in the harshest of environments.

Designs implemented using QuickLogic’s eFPGA technology are supported using the company’s proprietary software development tools as well as the OpenFPGA open-source tool flow and a wide range of QuickLogic-provided and third-party sourced development kits.

Availability

The QuickLogic eFPGA technology on SkyWater’s RH90 process will be available for licensing through SkyWater’s RH90 IP library or directly from QuickLogic. For more information about the eFPGA IP offering, visit www.quicklogic.com/products/efpga/rad-hard-efpga-ip or SkyWater’s RH90 process, visit: www.skywatertechnology.com/technology/rad-hard-microelectronics/.

About QuickLogic

QuickLogic Corporation (NASDAQ: QUIK) is a fabless semiconductor company that develops low power, multi-core semiconductor platforms and Intellectual Property (IP) for Artificial Intelligence (AI), voice and sensor processing. The solutions include embedded FPGA IP (eFPGA) for hardware acceleration and pre-processing, and heterogeneous multi-core SoCs that integrate eFPGA with other processors and peripherals. The Analytics Toolkit from our recently acquired wholly owned subsidiary, SensiML Corporation, completes the end-to-end solution with accurate sensor algorithms using AI technology. The full range of platforms, software tools and eFPGA IP enables the practical and efficient adoption of AI, voice, and sensor processing across mobile, wearable, hearable, consumer, industrial, edge and endpoint IoT. For more information, visit www.quicklogic.com and https://www.quicklogic.com/blog.

About SkyWater Technology

SkyWater (NASDAQ: SKYT) is a U.S.-owned semiconductor manufacturer and a DOD-accredited Trusted supplier. SkyWater’s Technology as a Service^SM model streamlines the path to production for customers with development services, volume production and heterogeneous integration solutions in its world-class U.S. facilities. This pioneering model enables innovators to co-create the next wave of technology with diverse categories including mixed-signal CMOS, read-out ICs, rad-hard, power discretes, MEMS, superconducting ICs, photonics, carbon nanotubes and interposers. SkyWater serves growing markets including aerospace & defense, automotive, biomedical, cloud & computing, consumer, industrial and IoT. For more information, visit: www.skywatertechnology.com.

SkyWater Technology Forward-Looking Statements

This press release contains “forward-looking” statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements that are based on the Company’s current expectations or forecasts of future events, rather than past events and outcomes, and such statements are not guarantees of future performance. Forward-looking statements are subject to risks, uncertainties, and assumptions, which may cause the Company’s actual results, performance or achievements to be materially different from those expressed or implied by such forward-looking statements. Key factors that could cause the Company’s actual results to be different than expected or anticipated include, but are not limited to factors discussed in the “Risk Factors” section of the prospectus the Company filed with the SEC on April 22, 2021, its quarterly report on Form 10-Q for the quarter ended Jan. 2, 2022 and in other documents that the Company files with the SEC, which are available at http://www.sec.gov. The Company assumes no obligation to update any forward-looking statements, which speak only as of the date of this press release.

The QuickLogic logo, QuickLogic and PolarPro are registered trademarks of QuickLogic Corporation. All other brands or trademarks are the property of their respective holders and should be treated as such.

Press Contact for QuickLogic: Andrea Vedanayagam, Veda Communications | 408.656.4494 | pr@quicklogic.com

Press Contact for SkyWater: Lauri Julian | 949.280.5602 | media@skywatertechnology.com