SkyWater Technology Announces Participation in 14th Annual CEO Summit

BLOOMINGTON, Minn. – June 21, 2022 – SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced management’s participation in the 14th Annual CEO Summit investor conference, being held July 13, 2022 at the St. Regis Hotel, San Francisco, California.

The presentation material utilized during the CEO Summit will be made accessible on the company’s investor relations website.

About the 14th Annual CEO Summit
The CEO Summit is collectively hosted and funded by participating companies and features a “round-robin” format consisting of small group meetings with company management teams. During the event, investors and analysts will have the opportunity to meet with the majority of the 12 management teams during the small group meeting sessions, as well as opportunities to meet with management during the breakfast and lunch networking sessions.

The 12 management teams collectively hosting the 14th Annual CEO Summit 2022 include: ACM Research (ACMR), Aehr Test (AEHR), Alpha & Omega Semiconductor (AOSL), Axcelis (ACLS), Camtek Ltd. (CAMT), Cohu (COHU), Everspin Technologies (MRAM), Ichor Systems (ICHR), Intevac (IVAC), Kulicke & Soffa (KLIC), Pivotal Systems (PVS.AX), and SkyWater Technology (SKYT).

This year’s CEO Summit is being co-sponsored by Cowen & Co., Intro-act, Jefferies and Stifel. Attendance at the CEO Summit is by invitation only and is available to accredited investors and publishing research analysts. As space is limited, please RSVP early. Hosts reserve the right to limit attendance as necessary. The last day for registration is July 1, 2022.

About SkyWater Technology
SkyWater (NASDAQ: SKYT) is a U.S.-owned semiconductor manufacturer and a DMEA-accredited Category 1A Trusted Foundry. Technology as a ServiceSM 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 management, 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.

RSVP Contacts for 14th Annual CEO Summit 2022
To RSVP for the CEO Summit, please contact either of the Summit’s co-chairs.

Laura J. Guerrant-Oiye
Aspen Aerogels
Phone: (508) 826-4573
Email: loiye@aerogel.com

Claire E. McAdams
Headgate Partners LLC
Phone: (530) 265-9899
Email: claire@headgatepartners.com

SkyWater Technology Forward-Looking Statements
SkyWater (NASDAQ: SKYT) is a U.S.-owned semiconductor manufacturer and a DMEA-accredited Category 1A Trusted Foundry. SkyWater’s Technology as a ServiceSM 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 management, 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

SkyWater Technology Reports First Quarter 2022 Results

Results Demonstrate Increasing Revenue Momentum and Gross Margin Improvement

BLOOMINGTON, Minn. – May 3, 2022 – SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced financial results for the first quarter of 2022, ended April 3, 2022.

  • Total revenue of $48.1 million, up 25% sequentially and flat year-over-year.
  • Net loss to shareholders of $16.6 million, or (35)% of revenue.
  • Adjusted EBITDA of $(4.8) million, or (10.0)% of revenue.

View the full First Quarter Results on SkyWater Technology’s Investor Relations page: https://ir.skywatertechnology.com

SkyWater Technology to Webcast First Quarter Fiscal 2022 Financial Results

BLOOMINGTON, Minn. – April 13, 2022 – SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced that it intends to report first quarter fiscal 2022 financial results for the period ended April 3, 2022 following the close of the market on Tuesday, May 3, 2022. The same afternoon, management will host a webcast to discuss its business and financial results.

SkyWater Technology First Quarter Fiscal 2022 Earnings Webcast

When: Tuesday, May 3, 2022
Time: 3:30 p.m. CDT (4:30 a.m. EDT)
Live Webcast: https://ir.skywatertechnology.com

An archived webcast will be available on SkyWater Technology’s Investor Relations page: https://ir.skywatertechnology.com.

About SkyWater Technology

SkyWater (NASDAQ: SKYT) is a U.S.-owned semiconductor manufacturer and a DOD-accredited Trusted supplier. SkyWater’s Technology as a ServiceSM model streamlines the path to production for customers with development services, volume production and advanced packaging 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

SkyWater Technology Reports Fourth Quarter and Full Year 2021 Results

BLOOMINGTON, Minn. – February 22, 2022 – SkyWater Technology (NASDAQ: SKYT) the trusted technology realization partner today announced financial results for the fourth quarter and full year 2021, ended January 2, 2022.

  • Record annual revenue increased 16% year-over-year to $162.8 million. Quarterly revenue decreased 3% year-over-year to $38.5 million
  • Annual net loss to shareholders of $50.7 million, or (31)% of revenue. Quarterly net loss to shareholders of $27.0 million, or (70)% of revenue, includes a $13.4 million one-time inventory write-down
  • Annual adjusted EBITDA of $(2.6) million, or (1.6)% of revenue. Quarterly adjusted EBITDA of $(4.9) million, or (12.6)% of revenue.

View the full Fourth Quarter Results on SkyWater Technology’s Investor Relations page: https://ir.skywatertechnology.com