SkyWater Growth Backed by $170 Million from DOD

Finance & Commerce

The next satellite the U.S. government puts into orbit might have a little bit of Minnesota inside.

SkyWater Technology Foundry recently started construction on a 66,724-square-foot expansion to its manufacturing facility at 2401 86th St. E. in Bloomington. On Monday, the company announced its plans for the expanded space: a suite of new technological capabilities backed by $170 million invested by the U.S. Department of Defense to produce electronics hardened to serve in high-radiation environments, including outer space. Read the article in Finance & Commerce:”

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