February 26, 2025 – SkyWater has entered into an agreement with Infineon Technologies to purchase Infineon’s 200 mm fab in Austin, Texas. SkyWater will operate the fab as a foundry, increasing available capacity in the U.S. for foundational chips on nodes from 130 down to 65 nanometers that are critical for many industrial, automotive and defense applications. The companies have also entered into a long-term supply agreement, which will enable Infineon to maintain a strong, efficient and scalable manufacturing footprint in the United States.
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The acquisition is a strategic move to expand SkyWater’s U.S.-based semiconductor manufacturing capabilities. It strengthens the company’s ability to meet the growing demand for domestically produced chips, supporting both commercial and government customers with critical technologies. In addition, SkyWater’s business model allows for a more diverse utilization of the Austin fab by serving a broad customer base.
SkyWater’s business focus will not change. This acquisition expands, but does not change, SkyWater’s core mission. It enhances our ability to serve both existing and new customers while reinforcing our commitment to U.S. semiconductor manufacturing. By increasing our production capacity, we are strengthening supply chain resilience, advancing national security priorities, and supporting critical industries such as aerospace, defense, automotive, and industrial.
This investment is a natural evolution of our strategy, further enabling technological innovation while maintaining our strong focus on the defense industrial base.
The closing of the transaction is subject to regulatory approval and is expected within 90-120 days.
No. There are no changes to existing customer agreements or production schedules. This acquisition is intended to expand SkyWater’s overall manufacturing capacity to better serve both current and future customer needs. If you have further questions about your program, please reach out to your account team.
No. We don’t expect any disruptions to our current operations. We will work with our suppliers and partners to maintain smooth logistics, procurement and production processes.
- Read the Press Release
- Read the 8-K
- Review the investor presentation at ir.skywatertechnology.com