The Special Situation Report

The Special Situation Report

IonQ Secures In-House Chip Production For Quantum Computing Through SkyWater Deal – Merger Arbitrage Mondays

Asif's avatar
Asif
Feb 02, 2026
∙ Paid

SkyWater Technology, Inc. (SKYT): $31.66

Market Cap: $1.54B

Deal Size: $1.8B

Introduction and Deal Details

On January 26, 2026, the quantum computing firm IonQ, Inc. (IONQ) entered a merger agreement to acquire chipmaker SkyWater Technology in a deal valued at $1.8 billion, in a move that would bring semiconductor manufacturing in-house and accelerate the d…

Keep reading with a 7-day free trial

Subscribe to The Special Situation Report to keep reading this post and get 7 days of free access to the full post archives.

Already a paid subscriber? Sign in
© 2026 The Special Situation Report · Privacy ∙ Terms ∙ Collection notice
Start your SubstackGet the app
Substack is the home for great culture