MilestoneIndustryConfirmed
IonQ agrees to buy chip foundry SkyWater Technology for about $1.8 billion
Jan 26, 2026
IonQ agreed to acquire SkyWater Technology, a US semiconductor foundry, for $35 per share in cash and stock, valuing it at about $1.8 billion. IonQ says owning a trusted US chip factory will speed up its roadmap toward large fault-tolerant quantum computers.
Why it matters
It marks a shift from lab milestones to manufacturing: as qubit counts grow, quantum companies want control over chip fabrication and supply chains, not just prototypes.
Sources (2)
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IonQ
IonQ to Acquire SkyWater Technology, Creating the Only Vertically Integrated Full-Stack Quantum Platform Company
“today announced they have entered into a definitive agreement pursuant to which IonQ will acquire SkyWater for $35.00 per share in a cash-and-stock transaction, subject to a collar, implying a total equity value of approximately $1.8 billion.”
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The Quantum Insider
IonQ to Acquire SkyWater Technology
“IonQ has agreed to acquire SkyWater Technology in a $1.8 billion cash-and-stock deal, creating a vertically integrated, U.S.-based quantum computing and semiconductor manufacturing platform.”
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