IonQ Acquires SkyWater Technology in $1.8 Billion Deal

January 26, 2026

IonQ entered into a definitive agreement to acquire SkyWater Technology for $1.8 billion in a cash-and-stock transaction, creating a vertically integrated, full-stack quantum platform company. SkyWater will continue operating as a wholly owned subsidiary under the SkyWater name, led by CEO Thomas Sonderman, with IonQ driving its quantum roadmap and domestic, trusted supply chain.

Buyers
IonQ, Inc
Targets
SkyWater Technology, Inc
Industry
Cybersecurity
Location
Minnesota, United States
Transaction Type
Buyout

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