U.S. Department Of Defense Awards Skywater Up To $99M In Additional Funding To Advance Rad-Hard Technology To Productization And Qualification
Amount Raised
$99 Million
Round Type
Funding Round
BloomingtonManufacturingSoftwareDescription
SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced the Department of Defense (DOD) has awarded the company up to $99 million as a continuation of the previous initiative to broaden onshore production capabilities for strategic radiation-hardened (rad-hard) electronics. The DOD recently determined that SkyWater has successfully completed the base prototype project for its 90 nm rad-hard process (RH90), part of the previously announced $170 million investment. This additional award enables the move to productization and qualification, which is already underway.
Quick answer
SkyWater Technology raised $99 Million in a Funding Round round, dated September 27, 2022. SkyWater Technology is based in Bloomington, Minnesota, United States.
- How much did SkyWater Technology raise?
- SkyWater Technology raised $99 Million in a Funding Round round on September 27, 2022.
- What does SkyWater Technology do?
- SkyWater (NASDAQ: SKYT) is a U.S. investor-owned semiconductor manufacturer and a DMEA-accredited Category 1A Trusted Foundry.
- Where is SkyWater Technology based and how big is it?
- SkyWater Technology is based in Bloomington, Minnesota, United States. Fundz records about 710 employees.
- Who are the decision-makers at SkyWater Technology?
- Fundz holds 2 contacts at SkyWater Technology, including the CEO and Director. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Manufacturing and Software around the same time
Companies in the same sectors as SkyWater Technology that raised within 45 days of this round, from Fundz verified event records.
- SKYX Platforms raised $653K on November 9, 2022.
- 3D Systems raised $5.8M (Funding Round) on November 9, 2022.
- Xanadu Quantum Technologies raised an undisclosed amount (Series C) on November 9, 2022.
- Infleqtion raised $110M (Series B) on November 1, 2022.
- Bright Machines raised $132M (Funding Round) on October 31, 2022.
- MED-X raised $100K on October 28, 2022.
Who to call at SkyWater Technology, and when
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- The decision-makers there, with verified emails
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Related People
SkyWater Technology raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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