SkyWater Technology Inc. reported record third-quarter 2025 revenues of $150.7 million, surpassing the high end of its previous guidance by over $9 million. The company attributed this performance to an approximately $4 million pull-in from ATS revenue due to aerospace and defense program timing, as well as stronger-than-forecast results from its recently acquired Texas wafer services operations. Following the acquisition of Fab 25, SkyWater now operates two reportable segments: Legacy SkyWater and SkyWater Texas, with the latter delivering higher than expected revenue and gross margin. The company highlighted its ongoing involvement in quantum chip development, supporting a broad range of materials and architectures through U.S.-based manufacturing. SkyWater announced four new advanced technology services (ATS) programs in the quantum sector, including engagements with SQC and QuamCore, in addition to previously disclosed partnerships with D-Wave and PsiQuantum. You can access the full presentation through the link below.

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