Initial offering of 90nm CMOS technology will enable the unique design requirements of advanced ROICs in aerospace and defense, automotive and beyond Thermal cameras market projected to grow to $9B in 2029 according to Yole report SkyWater Technology (NASDAQ:SKYT), the trusted partner in technology realization, today announced the launch of ThermaView℠ Solutions, a complete suite of services and technologies designed to meet the evolving needs of thermal imaging system designers. These solutions will deliver capabilities to support development and production of state-of-the-art, large-format focal plane arrays for aerospace and defense as well as broad-market industrial and automotive d

SkyWater Technology (NASDAQ:SKYT), the trusted technology realization partner, today announced that management is scheduled to participate in the 27th Annual Needham Growth Conference, taking place next week at the Lotte New York Palace. SkyWater's fireside chat will be webcast live on Wednesday, January 15th at 11:45am EST at the following link: https://wsw.com/webcast/needham143/skywa/2473174. The presentation material utilized during the conference, as well as the live and archived webcast link of the presentation, will be made accessible on SkyWater Technology's Investor Relations page: https://ir.skywatertechnology.com. About SkyWater Technology SkyWater (NASDAQ:SKYT) is a U.S.

Federal investment of up to $16M and State of MN pledge of $19M expected to result in total outside CapEx investments exceeding $350M during this decade SkyWater Technology (NASDAQ:SKYT), the trusted technology realization partner, announced that it has signed a preliminary memorandum of terms (PMT) valued at up to $16 million with the CHIPS for America program, which is administered by the U.S. Department of Commerce. This proposed funding would provide federal incentives to enhance production capabilities at SkyWater's Minnesota facility. This funding through the CHIPS Act will accelerate modernization and equipment upgrades to enhance production for customers in the aerospace and def

SkyWater Technology (NASDAQ:SKYT), the trusted technology realization partner, today announced the execution of an amendment to its Loan and Security Agreement with Siena Lending Group LLC and GRC SPV Investments, LLC. The amended agreement extends the revolving loan commitment's maturity date and increases the Company's borrowing capacity. As amended, the revolving loan commitment has been extended to December 31, 2028, and the capacity has been increased from $100 million to $130 million, with an additional $30 million available under an accordion feature, raising the potential availability to $160 million, subject to satisfaction of certain conditions, including the commitment of the p

Sets stage for advanced scientific discovery of new diagnostic biomarkers and treatments for disease Quantum-Si Incorporated (NASDAQ:QSI) ("Quantum-Si," "QSI" or the "Company"), The Protein Sequencing Company™ and SkyWaterTechnology (NASDAQ:SKYT), the trusted technology realization partner, announced today they will jointly expand their relationship to support development of Proteus™, Quantum-Si's next-generation platform designed to transform proteomic research. The expanded collaboration will develop the consumable for Proteus that will enable simultaneous large factor, protein sequencing with unparalleled accuracy. Quantum-Si and SkyWater began partnering in 2021 on the first-generat

SkyWater Technology (NASDAQ:SKYT), the trusted technology realization partner, today announced that it will be joining 17 other companies in collectively hosting the 13th Annual NYC Summit investor conference, being held Tuesday, December 17, 2024, at Mastro's Steakhouse New York. The investor presentation material utilized during the NYC Summit will be made available on the company's investor relations website at ir.skywatertechnology.com. About the 13th Annual NYC Summit The NYC 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 analy

Record Revenues with Increased Gross Margin and Earnings SkyWater Technology, Inc. (NASDAQ:SKYT), the trusted technology realization partner, today announced financial results for the third quarter 2024 ended September 29, 2024. Financial Highlights for Q3 2024: Revenue increased 31% year-over-year to a record $93.8 million. Gross margin increased to 21.6% on a GAAP basis, compared to 19.8% in Q3 2023, and increased to 22.3% on a non-GAAP basis, compared to 20.4% in Q3 2023. Net income to shareholders of $1.5 million, or $0.03 per diluted share on a GAAP basis, and net income to shareholders of $3.6 million, or $0.08 per diluted share on a non-GAAP basis, compared to net loss to sha

SkyWater Technology (NASDAQ:SKYT), the trusted technology realization partner, today announced that it will report its fiscal third quarter 2024 financial results following the close of the market on Thursday, November 7, 2024. The same afternoon, management will host a webcast to discuss its business and financial results. SkyWater Technology Fiscal Third Quarter 2024 Earnings Webcast When: Thursday, November 7, 2024 Time: 3:30 p.m. CST (4:30 p.m. EST) Live Webcast: available at https://ir.skywatertechnology.com or directly at https://events.q4inc.com/attendee/163718612. An archived webcast will be available on SkyWater Technology's Investor Relations page: https://ir.skywatertechnology.

Haddad brings over 25 years of strategic leadership, business transformation, and industry and end market expertise SkyWater Technology (NASDAQ:SKYT), the trusted technology realization partner, today announced the appointment of Bassel Haddad as senior vice president and general manager of advanced packaging. Reporting to President and COO John Sakamoto, Haddad will build and scale SkyWater's advanced packaging business serving both the defense and commercial market sectors. He will be responsible for all aspects of SkyWater's advanced packaging business including technology development, engineering, marketing and Florida fab operations. He will also focus on strengthening collaborations

SkyWater Technology (NASDAQ:SKYT), the trusted technology realization partner, today announced that company management is scheduled to participate in three investor conferences taking place during the third quarter: 5th Annual Needham Virtual Semiconductor 1x1 Conference August 22, 2024 (1x1s only) Jefferies Semiconductor, IT Hardware & Communications Technology Conference August 28, 2024 in Chicago (1x1s only) Piper Sandler Growth Frontiers Conference September 10, 2024 in Nashville – live webcast of presentation at 2:30pm EDT Investor presentation material utilized during these events, as well as a live and archived webcast link to the Piper Sandler presentation, will be made avai

Record Revenues with Increased Gross Margin and Earnings SkyWater Technology, Inc. (NASDAQ:SKYT), the trusted technology realization partner, today announced financial results for the third quarter 2024 ended September 29, 2024. Financial Highlights for Q3 2024: Revenue increased 31% year-over-year to a record $93.8 million. Gross margin increased to 21.6% on a GAAP basis, compared to 19.8% in Q3 2023, and increased to 22.3% on a non-GAAP basis, compared to 20.4% in Q3 2023. Net income to shareholders of $1.5 million, or $0.03 per diluted share on a GAAP basis, and net income to shareholders of $3.6 million, or $0.08 per diluted share on a non-GAAP basis, compared to net loss to sha

Eighth Straight Quarter of Record Revenue and 34% Growth Year-Over-Year SkyWater Technology, Inc. (NASDAQ:SKYT), the trusted technology realization partner, today announced financial results for the second quarter 2024 ended June 30, 2024. Financial Highlights for Q2 2024: Revenue increased 34% year-over-year to a record $93.3 million. Gross margin decreased to 18.3% on a GAAP basis, compared to 23.9% in Q2 2023, and decreased to 18.9% on a non-GAAP basis, compared to 25.3% in Q2 2023. Net loss to shareholders of $1.9 million, or $0.04 per share on a GAAP basis, and net income to shareholders of $0.8 million, or $0.02 per share on a non-GAAP basis, compared to net loss to share

Seventh Straight Quarter of Record Revenue and 20% Growth Year-Over-Year SkyWater Technology, Inc. (NASDAQ:SKYT), the trusted technology realization partner, today announced financial results for the first quarter 2024 ended March 31, 2024. Financial Highlights for Q1 2024: Revenue increased 20% year-over-year to a record $79.6 million. Gross margin decreased to 16.3% on a GAAP basis, compared to 24.9% in Q1 2023, and decreased to 16.9% on a non-GAAP basis, compared to 25.7% in Q1 2023. Net loss to shareholders of $5.7 million, or $0.12 per share on a GAAP basis, and net loss to shareholders of $3.7 million, or $0.08 per share on a non-GAAP basis, compared to net loss to shareh

Sixth Straight Quarter of Record Revenue Culminates in 35% Growth Year for Fiscal 2023 SkyWater Technology, Inc. (NASDAQ:SKYT), the trusted technology realization partner, today announced financial results for the fourth quarter and full fiscal year 2023 ended December 31, 2023. Financial Highlights for Q4 2023: Revenue increased 22% year-over-year to a record $79.2 million. Gross margin decreased to 15.2% on a GAAP basis, compared to 25.4% in Q4 2022, and decreased to 17.4% on a non-GAAP basis, compared to 26.1% in Q4 2022. Net loss to shareholders of $10.3 million, or $(0.22) per share on a GAAP basis, and net loss to shareholders of $1.1 million, or $(0.02) per share on a no

SkyWater Technology (NASDAQ:SKYT), the trusted technology realization partner, today announced that it intends to report fourth quarter fiscal 2023 financial results for the period ended December 31, 2023 following the close of the market on Monday, February 26, 2024. The same afternoon, management will host a webcast to discuss its business and financial results. SkyWater Technology Fourth Quarter Fiscal 2023 Earnings Webcast When: Monday, February 26, 2024 Time: 3:30 p.m. CST (4:30 p.m. EST) Live Webcast: available at https://ir.skywatertechnology.com or directly at https://events.q4inc.com/attendee/406105446. An archived webcast will be available on SkyWater Technology's Investor Rel

Record Revenues and Continued Year-over-Year Increase in Gross Margin SkyWater Technology, Inc. (NASDAQ:SKYT), the trusted technology realization partner, today announced financial results for the third quarter of 2023, ended October 1, 2023. Financial Highlights for Q3 2023: Revenue increased 37% year-over-year to a record $71.6 million. Gross margin increased to 19.8% on a GAAP basis, compared to 15.8% in Q3 2022, and increased to 20.4% on a non-GAAP basis, compared to 16.9% in Q3 2022. Net loss to shareholders of $7.6 million, or $(0.16) per share on a GAAP basis, and net loss to shareholders of $2.2 million, or $(0.05) per share on a non-GAAP basis, compared to net loss to

SkyWater Technology (NASDAQ:SKYT), the trusted technology realization partner, today announced that it intends to report third quarter fiscal 2023 financial results for the period ended October 1, 2023 following the close of the market on Wednesday, November 8, 2023. The same afternoon, management will host a webcast to discuss its business and financial results. SkyWater Technology Third Quarter Fiscal 2023 Earnings Webcast When: Wednesday, November 8, 2023 Time: 3:30 p.m. CST (4:30 p.m. EST) Live Webcast: available at https://ir.skywatertechnology.com or directly at https://events.q4inc.com/attendee/374678308. An archived webcast will be available on SkyWater Technology's Investor Rel

Record Revenues and Continued Year-over-Year Increase in Gross Margin SkyWater Technology (NASDAQ:SKYT), the trusted technology realization partner, today announced financial results for the second quarter of 2023, ended July 2, 2023. Highlights for Q2 2023: Revenue increased 47% year-over-year to a record $69.8 million. Gross margin increased to 23.9% on a GAAP basis, compared to 4.4% in Q2 2022, and increased to 24.7% on a non-GAAP basis, compared to 5.6% in Q2 2022. Net loss to shareholders of $8.6 million, or $(0.19) per share on a GAAP basis, and net loss to shareholders of $6.4 million, or $(0.14) per share on a non-GAAP basis, compared to net loss to shareholders of $13.

SkyWater Technology (NASDAQ:SKYT), the trusted technology realization partner, today announced that it intends to report second quarter fiscal 2023 financial results for the period ended July 2, 2023 following the close of the market on Monday, August 7, 2023. The same afternoon, management will host a webcast to discuss its business and financial results. SkyWater Technology Second Quarter Fiscal 2023 Earnings Webcast When: Monday, August 7, 2023 Time: 3:30 p.m. CDT (4:30 p.m. EDT) Live Webcast: available at https://ir.skywatertechnology.com or directly at https://events.q4inc.com/attendee/654441468. An archived webcast will be available on SkyWater Technology's Investor Relations page

Record Revenues for Q1 2023 SkyWater Technology (NASDAQ:SKYT), the trusted technology realization partner, today announced financial results for the first quarter 2023, ended April 2, 2023. Highlights for Q1 2023: Revenue increased 37% year-over-year to a record $66.1 million. Gross margin increased to 24.9% on a GAAP basis, compared to (2.0)% in Q1 2022, and increased to 25.8% on a non-GAAP basis, compared to 1.1% in Q1 2022. Net loss to shareholders of $4.3 million, or $(0.10) per share on a GAAP basis, and net loss to shareholders of $2.5 million, or $(0.06) per share on a non-GAAP basis, compared to net loss to shareholders of $16.6 million, or $(0.42) per share on a GAAP b

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Haddad brings over 25 years of strategic leadership, business transformation, and industry and end market expertise SkyWater Technology (NASDAQ:SKYT), the trusted technology realization partner, today announced the appointment of Bassel Haddad as senior vice president and general manager of advanced packaging. Reporting to President and COO John Sakamoto, Haddad will build and scale SkyWater's advanced packaging business serving both the defense and commercial market sectors. He will be responsible for all aspects of SkyWater's advanced packaging business including technology development, engineering, marketing and Florida fab operations. He will also focus on strengthening collaborations

New board members bring decades of finance and legal expertise to bolster SkyWater's strategic growth initiatives SkyWater Technology (NASDAQ:SKYT), the trusted technology realization partner, today announced the appointment of two accomplished professionals to its board of directors: Dennis Goetz and Joseph Humke, effective April 1, 2024. Both individuals bring valuable expertise and experience that will significantly contribute to the strategic direction and growth trajectory of the company. Mr. Goetz will serve on the Board's Audit Committee and Mr. Humke will serve on the Nominating and Corporate Governance Committee. Mr. Goetz joins the Board with extensive finance experience as a

Company prepares for strategic growth in the face of unprecedented opportunities for the U.S. semiconductor industry SkyWater Technology (NASDAQ:SKYT), the trusted technology realization partner, announced that John Sakamoto will be joining the company as president and chief operating officer, effective September 25, 2023. In his new role, Sakamoto will be responsible for all day-to-day business and manufacturing operations, driving consistent profitability, implementing growth strategies, and ensuring smooth and efficient operations across the enterprise. During the business transformation initiative currently underway, which SkyWater launched with third party consultants earlier this

SkyWater Technology (NASDAQ:SKYT), the trusted technology realization partner, today announced the appointment of General (U.S. Army retired) Edward M. Daly to its board of directors, effective October 1, 2023. After honorably serving the Nation for 36 years, General Daly retired in May 2023. In his last assignment, he served as the 20th Commanding General of the U.S. Army Materiel Command, as one of only 16 4-star Generals in the United States Army. In this role, he led one of the Army's largest commands with 190,000 military and Department of the Army civilians and contractors, providing logistics, sustainment/materiel readiness and installation support, that not only impacted the U.S. Ar

Appoints Brian Lenihan vice president of government relations to build upon SkyWater's strategic initiatives in support of the CHIPS Act SkyWater Technology (NASDAQ:SKYT), the trusted technology realization partner, today announced it will manufacture chips that researchers can use to develop new nanotechnology and semiconductor devices through a cooperative research and development agreement between the U.S. Department of Commerce's National Institute of Standards and Technology (NIST) and Google. Through the partnership, Google will pay the initial cost of setting up production and will subsidize the first production run. NIST, with university research partners, will design the circuitry

Experienced financial and technology executive joins board to help accelerate next phase of financial growth SkyWater Technology (NASDAQ:SKYT), the trusted technology realization partner, today announced the appointment of Greg Graves to its board of directors, effective March 2, 2022. Mr. Graves has served as chief financial officer of Entegris, Inc., a leading supplier of advanced materials and process solutions for the semiconductor and other high-technology industries, since April 2007 and served as senior vice president, strategic planning and business development from 2002 to 2007. He has also served as a director of Laird Superfood since 2018. Prior to joining Entegris, Mr. Graves

January 3, 2022-- Comtech Telecommunications Corp. (NASDAQ:CMTL), a leading global provider of next-generation 911 emergency systems and secure wireless communications technologies, today announced that, as previously planned, it has appointed Michael Porcelain Chief Executive Officer as of December 31, 2021, and a member of the Board of Directors, effective January 3, 2022. Mr. Porcelain, who will also remain President of Comtech, succeeds Fred Kornberg, who will serve as an advisor to the Company on technology matters and continue as a director and non-executive Chairman of the Board. This appointment completes the Company's long-term CEO succession planning effort, initiated by the Board

Leading semiconductor executives bring industry expertise and unique skills to rapidly scaling U.S. chip manufacturer SkyWater Technology (NASDAQ:SKYT), the trusted technology realization partner, today announced the appointment of two new members to its board of directors: Nancy Fares and Amy Leong, effective January 3, 2022 for a term expiring at the company's 2022 Annual Meeting of Stockholders. These appointments bring SkyWater's total board membership to eight. Ms. Fares has served as a strategic advisor and board member with Olarm, an application-based home security provider since July 2018. Ms. Fares previously served as vice president software product management at Qualcomm, Inc.

SkyWater Technology (NASDAQ:SKYT), the trusted technology realization partner, today announced that it has appointed Kevin Jackson as its senior vice president of corporate development. Mr. Jackson brings over 20 years of experience as an aerospace, defense, and space executive with specialized expertise in developing and growing agile organizations. His broad experience executing space-based military programs will be invaluable to SkyWater's Radiation Hardened (RH90), Readout Integrated Circuit (S90ROIC), advanced packaging and customized platforms. Mr. Jackson most recently served as senior vice president and general manager for the Space Systems and Semiconductor Business Unit within Co

Believes Shareholders Have Lost Confidence in Company's Leadership – As Evidenced by Double-Digit Decline in Share Price after Announcement of Planned Appointment of Michael Porcelain as CEO and Disappointing FY21 Results Highlights Company's Long-Term Underperformance, Strategic Inattention, and History of Failed M&A Strategy Remains Open to Constructive Resolution, Despite Comtech's Unfortunate Misrepresentation of Engagement with Outerbridge to Date Outerbridge Nominees Would Bring Essential Experience and Expertise to Comtech Board and Help Unlock the Company's Substantial Intrinsic Value Outerbridge Capital Management, LLC ("Outerbridge"), a beneficial owner of approximately 4.95%

TD Cowen reiterated coverage of SkyWater Technology with a rating of Outperform and set a new price target of $15.00 from $12.00 previously

Needham reiterated coverage of SkyWater Technology with a rating of Buy and set a new price target of $15.00 from $13.00 previously

Craig Hallum initiated coverage of SkyWater Technology with a rating of Buy and set a new price target of $10.00

Needham reiterated coverage of SkyWater Technology with a rating of Buy and set a new price target of $15.00 from $25.00 previously

Needham reiterated coverage of SkyWater Technology with a rating of Buy and set a new price target of $25.00 from $32.00 previously

Jefferies downgraded SkyWater Technology from Buy to Hold and set a new price target of $23.00 from $27.00 previously

Needham reiterated coverage of SkyWater Technology with a rating of Buy and set a new price target of $32.00 from $40.00 previously

Needham initiated coverage of SkyWater Technology with a rating of Buy and set a new price target of $40.00

Jefferies initiated coverage of SkyWater Technology with a rating of Buy and set a new price target of $27.00

Cowen initiated coverage of SkyWater Technology with a rating of Outperform and set a new price target of $26.00

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