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IonQ (NYSE: IONQ) Clears Final Regulatory Hurdle To Close SkyWater Technology (NASDAQ: SKYT) Acquisition
['David Prior']
Foreign Policy Journal
IonQ (NYSE: IONQ), the world’s leading quantum platform company, has received final regulatory approval to complete its acquisition of SkyWater Technology (NASDAQ: SKYT), the largest exclusively U.S.-based semiconductor foundry.
The deal creates what the companies describe as the only vertically integrated full-stack quantum platform company in the world.
IonQ’s chip-focused manufacturing approach will benefit directly from SkyWater’s foundry capabilities, enabling the development of new generations of quantum computers.
Together, IonQ and SkyWater intend to serve the full quantum ecosystem by combining IonQ’s proprietary technology with SkyWater’s differentiated development services.
In 2025, IonQ achieved 99.99% two-qubit gate fidelity, setting a world record in quantum computing performance that underscores the company’s technical leadership.