SkyWater Technology Stockholders Approve Merger Agreement with IonQ
AI-summarised brief · reviewed before publication
SkyWater Technology stockholders approved the merger agreement with IonQ, a key step toward IonQ's acquisition of the US-based semiconductor foundry. The transaction is expected to close in the second or third quarter of 2026, pending regulatory approvals. SkyWater operates facilities in Minnesota, Florida, and Texas, supporting commercial and defense programs, including quantum computing initiatives, as the largest US-based semiconductor foundry, with the deal awaiting regulatory approvals and customary closing conditions.