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Skywater

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market-news22 days ago•16 min saved

IonQ Leap Forward as SkyWater Merger Clears Key Hurdle

SkyWater shareholders approved the merger with IonQ, moving the quantum‑tech company closer to acquiring the chip foundry. IonQ’s stock rose about 3.3% to $49.24 on the news, and analysts see roughly 23% upside to a $60.86 target. The deal still requires regulatory approvals and other closing conditions and is expected to close in Q2–Q3 2026. The tie‑up would give IonQ more U.S. chip and packaging capabilities and closer defense‑related supply chains, but it also adds integration risk as it blends a foundry with quantum computing.”,

via TipRanks|

#ionq #market-news #merger

technology4 months ago•33 min saved

IonQ to Acquire SkyWater, Forming the First Vertically Integrated Quantum Platform

IonQ will acquire SkyWater Technology in a cash-and-stock deal valued at about $1.8 billion, uniting IonQ’s quantum platform with SkyWater’s U.S.-based foundry to create the first vertically integrated full-stack quantum company. SkyWater will operate as a subsidiary; SkyWater shareholders receive $15 in cash and $20 in IonQ stock per share, with a collar. Closing is expected in Q2–Q3 2026 and the deal accelerates IonQ’s fault-tolerant quantum roadmap (targeting 200,000 qubit QPUs by 2028 and 8,000 high-fidelity logical qubits), strengthens a domestic supply chain for government and enterprise customers, and expands IonQ’s quantum sensing and networking capabilities. A joint webcast is planned.

via IonQ Quantum Computing|

#acquisition #ionq #quantum-computing