Overview
A Captive Infineon Fab Became an Open US Foundry
SkyWater paid $73 million at closing plus about $20 million for working capital, and about 1,000 Fab 25 employees moved to SkyWater. Infineon signed a four-year take-or-pay supply agreement to keep its automotive and industrial wafers in Austin; Infineon made up 43% of SkyWater revenue in 2025. Fab 25 adds copper interconnects, 65nm infrastructure and high-voltage technology for microcontrollers, memory, mixed-signal, radio frequency (RF) and power chips.
IonQ paid $15.00 in cash and 0.4883 IonQ shares for each SkyWater share, about $1.8 billion in all. SkyWater keeps its name as an IonQ subsidiary under CEO Thomas Sonderman, who reports to IonQ Chairman and CEO Niccolo de Masi, and says it will keep serving all foundry customers.
| Operator | SkyWater Technology, an IonQ subsidiary |
|---|---|
| Address | 5204 East Ben White Blvd, Austin |
| County | Travis |
| Wafer size | 200mm |
| Process nodes | 130nm to 65nm |
| Capacity | About 400,000 wafer starts a year |
| Employees at transfer | About 1,000 |
| Anchor customer | Infineon, four-year take-or-pay agreement |
| Purchase from Infineon | $73M at close plus about $20M working capital |
Defense
SkyWater's Trusted Accreditation Rests on Its Minnesota Fab
The Defense Microelectronics Activity (DMEA) of the Department of Defense accredits Trusted suppliers site by site. SkyWater's Bloomington, Minnesota fab holds Category 1A accreditation, and its 10-K lists its Kissimmee, Florida packaging plant as in process. Fab 25 does not appear in public accreditation records as of October 2026. In Texas, Qorvo's Richardson fab is the Category 1A Trusted foundry.
The Department of Defense has committed up to $170 million since 2019 to SkyWater's RH90 radiation-hardened 90nm process in Minnesota, based on MIT Lincoln Laboratory technology. Rad-tolerant commercial chips from 200mm fabs such as Fab 25 go to the Texas A&M Cyclotron Institute in College Station for heavy-ion testing before they fly on satellites. Texas missile defense manufacturing is covered at Golden Dome Texas Corridor.
Market
Mature Nodes Are Where China Is Adding Capacity
Chips at 130nm to 65nm run engine controllers, sensor interfaces, motor drivers, power management and the analog parts in satellites and missiles. China has added more mature-node capacity than any other country in recent years, led by SMIC, Hua Hong and Nexchip, with state support from the National Integrated Circuit Industry Investment Fund. The Office of the US Trade Representative opened a Section 301 investigation into Chinese legacy chips in December 2024. Fab 25 is domestic 200mm capacity that defense primes and automakers can use without sending wafers to Taiwan, South Korea or China.
Quantum
IonQ Bought a Foundry to Make Its Own Quantum Chips
IonQ builds trapped-ion quantum computers and bought SkyWater to control wafer fabrication and packaging for its quantum processors. SkyWater's Minnesota fab already runs superconducting and other specialty processes, and Fab 25 adds volume 200mm capacity for the control electronics and mixed-signal parts quantum systems use. Defense and commercial foundry work continue under the subsidiary.
Record
Dataset Record
- Sources
- SkyWater Technology (press releases and FY2025 10-K), IonQ, Business Wire, Quantum Insider, Quantum Computing Report, Twin Cities Business, IEEE Spectrum, MIT Lincoln Laboratory, Office of the US Trade Representative, Wikipedia (Spansion)
- Last verified
- October 2026