Businesswire·2026-01-26 11:00Core Viewpoint - IonQ has announced a definitive agreement to acquire SkyWater Technology for $35.00 per share, valuing the total equity at approximately $1.8 billion, which is expected to significantly enhance IonQ's quantum computing capabilities and supply chain [1][2]. Transaction Overview - The acquisition will be a cash-and-stock transaction, with SkyWater shareholders receiving $15.00 in cash and $20.00 in IonQ common stock per share, representing a 38.0% premium to the 30-day volume-weighted average price of SkyWater shares [5][6]. - The transaction is expected to close in the second or third quarter of 2026, pending shareholder and regulatory approvals [8]. Strategic Benefits - The acquisition will accelerate IonQ's roadmap to fault-tolerant quantum computing, allowing for reduced manufacturing timelines and enhanced innovation in quantum technologies [4][11]. - The combined entity will create a vertically integrated quantum platform, enhancing capabilities in quantum computing, networking, security, and sensing applications across various sectors, including aerospace, defense, pharmaceuticals, and finance [2][4]. Operational Structure - Post-acquisition, SkyWater will operate as a wholly owned subsidiary, maintaining its brand and leadership under CEO Thomas Sonderman, ensuring continued service to its existing customer base [3][7]. - SkyWater will continue to serve as a semiconductor foundry and merchant supplier, providing advanced technology services while integrating IonQ's quantum solutions into its offerings [11]. Financial Outlook - IonQ anticipates delivering full-year 2025 revenue results at the high end or above its previously announced range of $106 million to $110 million [9].