Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag IonQ to acquire SkyWater for $1.8B to boost in-house quantum chip production.

flag IonQ has agreed to acquire SkyWater Technology in a $1.8 billion all-cash-and-stock deal, valuing SkyWater at $35 per share, with shareholders getting $15 in cash and $20 in IonQ stock. flag The acquisition, expected to close in mid-2026, aims to bring quantum chip manufacturing in-house, accelerating development of next-generation processors, including 200,000-qubit chips by 2028. flag SkyWater will operate as a wholly owned subsidiary under its current name, with CEO Thomas Sonderman continuing in his role. flag IonQ’s CEO Niccolo de Masi will oversee the unit. flag The move strengthens IonQ’s full-stack quantum strategy, supported by U.S. government backing for domestic semiconductor and quantum tech. flag IonQ reported $1.5 billion in cash as of September 2025, and the deal prompted a 2% rise in IonQ’s premarket shares, while SkyWater’s jumped over 8%.

13 Articles