IonQ (IONQ) shares ended in the red today after announcing a $1.8 billion acquisition of SkyWater Technology (SKYT) to become industry’s first vertically integrated quantum computing platform. The quantum-tech specialist plans on using $770 million of its cash to fund this deal, while the rest will be paid in IONQ stock. More News from Barchart In other words, IonQ is burning over two-thirds of a billion dollars on SKYT while simultaneously diluting its current shareholders, which, of course, is a hard ...

Core Viewpoint - The law firm Brodsky & Smith is investigating potential claims against the Board of Directors of SkyWater Technology, Inc. for possible breaches of fiduciary duty related to the company's sale to IonQ for $35.00 per share, which implies a total equity value of approximately $1.8 billion [1]. Group 1 - The investigation focuses on whether the SkyWater Technology Board failed to conduct a fair process and whether the deal consideration provides fair value to shareholders, as it is below the 52-week high of $36.27 for the company's shares [2]. - The transaction involves a cash-and-stock deal, raising concerns about the adequacy of the offer in relation to the company's market performance [1][2]. Group 2 - Brodsky & Smith is a litigation law firm with expertise in representing shareholders in securities and class action lawsuits, having successfully recovered millions for clients [3]. - The firm has been appointed as lead counsel in various class actions by numerous courts across the country, indicating its credibility and experience in handling such cases [3].

Core Viewpoint - Monteverde & Associates PC is investigating the proposed sale of Skywater Technology, Inc. to IonQ, Inc., where shareholders are expected to receive $15.00 per share in cash and $20.00 in IonQ common stock, raising questions about the fairness of the deal [1]. Group 1: Company Overview - Monteverde & Associates PC is recognized as a Top 50 Firm in the 2024 ISS Securities Class Action Services Report and has successfully recovered millions for shareholders [1]. - The firm operates from the Empire State Building in New York City and specializes in class action securities litigation [2]. Group 2: Legal Actions and Investigations - The firm is currently investigating the transaction involving Skywater Technology, Inc. and IonQ, Inc. to assess the fairness of the proposed deal for shareholders [1]. - Shareholders of Skywater Technology, Inc. are encouraged to reach out for additional information regarding their rights and the ongoing investigation [3].

Core Insights - Quantum computing stocks experienced significant gains in 2024, with some companies achieving over 1,000% returns, but the sector cooled in 2025 due to increased scrutiny on timelines and profitability [1] - IonQ announced a transformative $1.8 billion acquisition of SkyWater Technology, raising questions about its position as a pure-play leader in the quantum computing space [2][3] Acquisition Details - IonQ will acquire SkyWater Technology for $35.00 per share, consisting of $15.00 in cash and $20.00 in IonQ stock, representing a 38% premium over SkyWater's recent average price [3] - The acquisition is expected to close in the second or third quarter, pending shareholder and regulatory approvals [3] Strategic Importance - SkyWater is the largest U.S.-owned pure-play semiconductor foundry, crucial for defense and government programs requiring secure supply chains [4] - By acquiring SkyWater, IonQ gains control over advanced chip design and fabrication, essential for scaling its quantum systems [4][5] Growth Strategy - This acquisition builds on IonQ's previous purchases, including Oxford Ionics for over $1 billion, enhancing its full-stack platform capabilities [6] - IonQ anticipates that the integration will reduce wafer iteration times and accelerate the development of 200,000-qubit chips by 2028 [7] Market Position and Financial Context - Following the acquisition announcement, IonQ shares rose approximately 7%, while SkyWater shares increased nearly 6% [9] - IonQ reported a third-quarter revenue of $39.9 million in 2025, a 222% year-over-year increase, with full-year guidance raised to $106 million to $110 million [10] Competitive Landscape - IonQ's competitors, such as Rigetti Computing and D-Wave Quantum, rely on third-party foundries and lack IonQ's acquisition breadth and domestic trusted-foundry access [11] - IonQ's trapped-ion systems operate at room temperature with high fidelity, providing advantages over superconducting approaches used by rivals [11] Market Potential - The SkyWater acquisition positions IonQ to emulate vertically integrated leaders like Nvidia and capture a projected market of $46 billion to $97 billion by 2035 [12]

Core Viewpoint - IonQ Inc is acquiring SkyWater Technology for $1.8 billion, leading to a 6% increase in its share price to $50.08, with call volume significantly higher than average [1]. Group 1: Company Performance - IonQ's shares have struggled to break through the $55 resistance level, which has capped rallies in December and earlier this month, despite a 70% increase over the last nine months [2]. - The stock is currently far from its record high of $84.64 reached on October 13 [2]. Group 2: Options Activity - There has been a notable increase in options trading, with 14,000 calls exchanged, which is double the average for the day, compared to only 2,375 puts [3]. - The most active options contract is the weekly 1/30 55-strike call, with new positions opening at the 52-strike call [3]. - The call/put volume ratio for IonQ is 1.62, indicating a higher than usual interest in calls, sitting above 99% of readings from the past year [4]. - Options are currently affordably priced, as indicated by a Schaeffer's Volatility Index (SVI) of 84%, which is higher than 82% of readings from the past year [4].

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MILWAUKEE, Jan. 26, 2026 /PRNewswire/ -- Ademi LLP is investigating Skywater (NASDAQ: SKYT) for possible breaches of fiduciary duty and other violations of law in its recently announced transaction with IonQ. Click here to learn how to join our investigation and obtain additional information or contact us at [email protected] or toll-free: 866-264-3995. There is no cost or obligation to you. In the transaction, Skywater stockholders will receive $15.00 in cash and $20.00 in IonQ stock for each share held, ...

Core Viewpoint - IonQ, a quantum-computing company, is acquiring chip maker SkyWater Technology for $1.8 billion [1] Group 1: Acquisition Details - The acquisition of SkyWater Technology is part of IonQ's strategy to enhance its capabilities in the quantum computing sector [1] - The deal is valued at $1.8 billion, indicating a significant investment in expanding IonQ's technological resources [1]

Summary of IonQ and SkyWater Technology Conference Call Company and Industry Overview - **Companies Involved**: IonQ and SkyWater Technology - **Industry**: Quantum Computing and Semiconductor Manufacturing Key Points and Arguments 1. **Transaction Overview**: IonQ is acquiring SkyWater Technology for $1.8 billion, a mix of cash and stock, to create a fully vertically integrated US-based quantum platform [5][2][4] 2. **Revenue Expectations**: IonQ anticipates delivering revenue results at the high end or above its previously announced full-year guidance [2] 3. **Strategic Importance**: The acquisition is expected to accelerate fault-tolerant quantum computing and solidify IonQ's position as a leading provider of quantum technology [2][8] 4. **Vertical Integration**: The merger will enable end-to-end innovation, engineering, manufacturing, and deployment of quantum solutions, enhancing US security and competitiveness [5][3] 5. **SkyWater's Role**: SkyWater is the largest US-based pure-play semiconductor foundry, specializing in foundational nodes and advanced packaging, which will support next-generation quantum chips [4][10] 6. **Technological Advancements**: The integration will allow for rapid iteration and experimentation in semiconductor development, crucial for advancing quantum technologies [7][10] 7. **Operational Synergies**: The combined capabilities of IonQ and SkyWater are expected to unlock broader synergies across multiple product categories, enhancing both companies' market positions [11][12] 8. **Customer Commitment**: SkyWater will continue to operate as a merchant supplier to existing customers, ensuring no changes to customer access or IP protections [12][11] 9. **Timeline for Development**: The acquisition is projected to reduce the time from design completion to first samples of IonQ's 256-qubit chip from 9 months to 2 months, with the first 200,000-qubit chip samples expected in 2028 [16][17] 10. **Future Roadmap**: The transaction is expected to pull forward the timeline for IonQ's 2 million qubit chip by up to a year, enhancing the overall product lifecycle under one roof [17][18] Additional Important Information - **Security and Compliance**: SkyWater's DoD trusted accreditation adds strategic relevance to IonQ's federal business, supporting national security initiatives [11][19] - **Market Positioning**: The combined company aims to be the only fully US-owned and operated provider of critical quantum technologies, enhancing the US's sovereign supply chains [18][19] - **Integration Plans**: SkyWater will operate as a wholly owned subsidiary, with a phased integration approach to ensure continuity and enhance technical integration [44][45] - **Existing Customer Base**: SkyWater's largest customer is Infineon Technologies, and the company will maintain its normal foundry business while integrating with IonQ [27][10] This summary encapsulates the key discussions and strategic implications of the merger between IonQ and SkyWater Technology, highlighting the anticipated advancements in quantum computing and semiconductor manufacturing.

Exclusive: Quantum-computing company IonQ struck a deal to buy chip maker SkyWater Technology for $35 a share, or roughly $1.8 billion https://t.co/7CQUA94WgO ...