Lountzis Asset Management Exits SkyWater Technology Stake
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 11 2026
0mins
Source: Fool
- Stake Reduction: According to a May 7, 2026 SEC filing, Lountzis Asset Management eliminated its stake in SkyWater Technology by selling 290,222 shares in Q1, resulting in a net position decline of $5.27 million, reflecting the impacts of trading activity and stock price fluctuations.
- Top Holdings Overview: After exiting SkyWater, Lountzis's top holdings include BRK-B at $65.08 million (24% of AUM), AMAT at $40.68 million (15% of AUM), and WFC at $19.51 million (7.2% of AUM), indicating a diversified investment portfolio.
- Stock Performance: As of May 6, 2026, SkyWater Technology shares were priced at $34.19, representing a 372.2% increase over the past year, significantly outperforming the S&P 500 by 340.88 percentage points, highlighting its robust position in the semiconductor sector.
- Merger Implications: SkyWater is set to merge with IonQ in a cash-and-stock deal, where IonQ offers $15 in cash and $20 in shares for each SkyWater share, indicating that SkyWater's stock value is now tied to both its performance and IonQ's share price, along with the merger's closing conditions.
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Analyst Views on SKYT
Wall Street analysts forecast SKYT stock price to fall
5 Analyst Rating
5 Buy
0 Hold
0 Sell
Strong Buy
Current: 38.970
Low
17.00
Averages
21.50
High
25.00
Current: 38.970
Low
17.00
Averages
21.50
High
25.00
About SKYT
SkyWater Technology, Inc. is an independent, pure-play technology foundry that offers advanced semiconductor development and manufacturing services. The Company’s Technology-as-a-Service (TaaS) model leverages a foundation of proprietary technology, engineering know-how capabilities, and microelectronics manufacturing capacity to co-develop process technology intellectual property (IP) with its customers that enable disruptive concepts through its Advanced Technology Services (ATS) for diverse microelectronics (integrated circuits (ICs)) and related micro- and nanotechnology applications. In addition to differentiated technology development services, it supports customers with volume production of ICs for high-growth markets through its Wafer Services. Its Wafer Services include the manufacture of silicon-based analog and mixed-signal ICs for its end markets. Through its ATS model, it specializes in co-creating advanced solutions with its customers that directly serve its end markets.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
U.S. Government Invests Over $2 Billion in Quantum Computing
- Government Investment Plan: The U.S. government plans to provide over $2 billion in incentives and investments to quantum computing companies under the CHIPS and Science Act, including equity stakes in several firms, highlighting its commitment to boosting domestic chip manufacturing.
- IBM Quantum Foundry: IBM's startup Anderon will receive $1 billion in government incentives, with IBM matching that amount and contributing intellectual property, marking the establishment of the country's first pure-play quantum foundry, which is expected to enhance domestic quantum computing manufacturing capabilities.
- GlobalFoundries Expansion: GlobalFoundries signed a letter of intent to receive $375 million in incentives to expand its Quantum Technology Solutions business, with the government taking about a 1% equity stake, thereby strengthening its competitive position in the quantum manufacturing sector.
- Absence of IonQ: Despite IonQ's strong performance in quantum computing and its acquisition of SkyWater Technology, it was notably excluded from government investments, which may impact its market position, although its technology leads in accuracy with a record 99.99% two-qubit gate fidelity.
See More
U.S. Government to Invest in Quantum Computing Firms
- Investment Overview: The U.S. government plans to allocate over $2 billion in incentives and investments to nine quantum computing companies under the CHIPS and Science Act, with IBM's startup Anderon set to receive $1 billion, matched by IBM's own investment, highlighting the government's commitment to the quantum computing sector.
- Global Manufacturing Expansion: GlobalFoundries has signed a letter of intent to receive $375 million in incentives to support its newly established Quantum Technology Solutions business, which will enhance domestic quantum manufacturing capabilities and bolster U.S. competitiveness in the global semiconductor market.
- Technological Leadership: IonQ boasts a record 99.99% two-qubit gate fidelity, positioning it as a leader in quantum computing technology; despite not receiving government investment, its acquisition of SkyWater Technology will make it the only vertically integrated quantum computing company in the U.S., expected to enhance market responsiveness and scaling advantages.
- Market Opportunities: Although IonQ was overlooked for government investment, its stock still holds potential for appreciation, especially as the surge in government funding for quantum initiatives increases market focus on the best quantum computing companies, potentially providing investors with attractive buying opportunities.
See More
Vazirani Asset Management Acquires Stake in SkyWater Technology
- New Investment Disclosure: On May 15, 2026, Vazirani Asset Management disclosed a new position by acquiring 125,000 shares of SkyWater Technology, valued at approximately $3.67 million, indicating confidence in the company's future prospects.
- Significant Stake: This acquisition represents 7.9% of Vazirani's reportable assets under management as of March 31, 2026, highlighting a strategic investment in the semiconductor sector.
- Outstanding Stock Performance: As of May 14, 2026, SkyWater shares were priced at $35.82, reflecting a remarkable 330% increase over the past year, significantly outperforming the S&P 500's 25% rise, suggesting strong market optimism for its growth potential.
- Improved Fundamentals: SkyWater reported a record revenue of $442.14 million for 2025, a 29% year-over-year increase driven by the Fab 25 acquisition and rising demand from quantum computing clients, indicating strengthening competitiveness in the high-tech industry.
See More
Commercialization of Post-Quantum Cryptography Accelerates
- Market Transformation: Post-quantum cryptography is transitioning from theoretical research to a commercial market, with companies actively attracting customers and building enterprise pipelines, indicating the commercial potential of this field is gradually being realized.
- Technological Diversification: Various post-quantum cryptography migration platforms are emerging to assist organizations in transitioning smoothly, while hardware-embedded quantum-resistant cryptography is being integrated into semiconductors, enhancing security.
- Revenue Projections: SkyWater Technology projects at least $600 million in revenue by 2026, primarily driven by growth in quantum-related customer engagements, showcasing the potential of quantum technology in the semiconductor industry.
- Industry Competition: While quantum-focused firms are gaining attention, analysts believe traditional cybersecurity software companies will emerge as the biggest winners as post-quantum security becomes more prominent, reflecting a shift in the competitive landscape.
See More
Lountzis Asset Management Exits SkyWater Technology Stake
- Stake Reduction: According to a May 7, 2026 SEC filing, Lountzis Asset Management eliminated its stake in SkyWater Technology by selling 290,222 shares in Q1, resulting in a net position decline of $5.27 million, reflecting the impacts of trading activity and stock price fluctuations.
- Top Holdings Overview: After exiting SkyWater, Lountzis's top holdings include BRK-B at $65.08 million (24% of AUM), AMAT at $40.68 million (15% of AUM), and WFC at $19.51 million (7.2% of AUM), indicating a diversified investment portfolio.
- Stock Performance: As of May 6, 2026, SkyWater Technology shares were priced at $34.19, representing a 372.2% increase over the past year, significantly outperforming the S&P 500 by 340.88 percentage points, highlighting its robust position in the semiconductor sector.
- Merger Implications: SkyWater is set to merge with IonQ in a cash-and-stock deal, where IonQ offers $15 in cash and $20 in shares for each SkyWater share, indicating that SkyWater's stock value is now tied to both its performance and IonQ's share price, along with the merger's closing conditions.
See More
SkyWater Stockholders Approve Merger with IonQ
- Merger Agreement Approved: SkyWater Technology's stockholders approved the merger agreement with IonQ at a special meeting, which will lead to IonQ acquiring SkyWater, marking a significant strategic shift for the company expected to close in Q2 or Q3 of 2026.
- Regulatory Approvals Pending: The transaction remains subject to necessary regulatory approvals and other customary closing conditions, and failure to complete these in a timely manner could disrupt the company's operational plans and divert management's focus, impacting future growth.
- Market Position Strengthened: As the largest U.S.-based pure-play semiconductor foundry, the merger will further solidify SkyWater's market position in quantum computing and next-generation systems, enhancing its capabilities in critical infrastructure and supply chain resilience.
- Forward-Looking Statement Risks: The company highlighted various risks and uncertainties associated with its forward-looking statements, including the potential inability to complete the transaction as anticipated, which could lead to a significant decline in stock price and affect investor confidence.
See More
U.S. Government Invests Over $2 Billion in Quantum Computing
- Government Investment Plan: The U.S. government plans to provide over $2 billion in incentives and investments to quantum computing companies under the CHIPS and Science Act, including equity stakes in several firms, highlighting its commitment to boosting domestic chip manufacturing.
- IBM Quantum Foundry: IBM's startup Anderon will receive $1 billion in government incentives, with IBM matching that amount and contributing intellectual property, marking the establishment of the country's first pure-play quantum foundry, which is expected to enhance domestic quantum computing manufacturing capabilities.
- GlobalFoundries Expansion: GlobalFoundries signed a letter of intent to receive $375 million in incentives to expand its Quantum Technology Solutions business, with the government taking about a 1% equity stake, thereby strengthening its competitive position in the quantum manufacturing sector.
- Absence of IonQ: Despite IonQ's strong performance in quantum computing and its acquisition of SkyWater Technology, it was notably excluded from government investments, which may impact its market position, although its technology leads in accuracy with a record 99.99% two-qubit gate fidelity.
See More
U.S. Government to Invest in Quantum Computing Firms
- Investment Overview: The U.S. government plans to allocate over $2 billion in incentives and investments to nine quantum computing companies under the CHIPS and Science Act, with IBM's startup Anderon set to receive $1 billion, matched by IBM's own investment, highlighting the government's commitment to the quantum computing sector.
- Global Manufacturing Expansion: GlobalFoundries has signed a letter of intent to receive $375 million in incentives to support its newly established Quantum Technology Solutions business, which will enhance domestic quantum manufacturing capabilities and bolster U.S. competitiveness in the global semiconductor market.
- Technological Leadership: IonQ boasts a record 99.99% two-qubit gate fidelity, positioning it as a leader in quantum computing technology; despite not receiving government investment, its acquisition of SkyWater Technology will make it the only vertically integrated quantum computing company in the U.S., expected to enhance market responsiveness and scaling advantages.
- Market Opportunities: Although IonQ was overlooked for government investment, its stock still holds potential for appreciation, especially as the surge in government funding for quantum initiatives increases market focus on the best quantum computing companies, potentially providing investors with attractive buying opportunities.
See More
Vazirani Asset Management Acquires Stake in SkyWater Technology
- New Investment Disclosure: On May 15, 2026, Vazirani Asset Management disclosed a new position by acquiring 125,000 shares of SkyWater Technology, valued at approximately $3.67 million, indicating confidence in the company's future prospects.
- Significant Stake: This acquisition represents 7.9% of Vazirani's reportable assets under management as of March 31, 2026, highlighting a strategic investment in the semiconductor sector.
- Outstanding Stock Performance: As of May 14, 2026, SkyWater shares were priced at $35.82, reflecting a remarkable 330% increase over the past year, significantly outperforming the S&P 500's 25% rise, suggesting strong market optimism for its growth potential.
- Improved Fundamentals: SkyWater reported a record revenue of $442.14 million for 2025, a 29% year-over-year increase driven by the Fab 25 acquisition and rising demand from quantum computing clients, indicating strengthening competitiveness in the high-tech industry.
See More
Commercialization of Post-Quantum Cryptography Accelerates
- Market Transformation: Post-quantum cryptography is transitioning from theoretical research to a commercial market, with companies actively attracting customers and building enterprise pipelines, indicating the commercial potential of this field is gradually being realized.
- Technological Diversification: Various post-quantum cryptography migration platforms are emerging to assist organizations in transitioning smoothly, while hardware-embedded quantum-resistant cryptography is being integrated into semiconductors, enhancing security.
- Revenue Projections: SkyWater Technology projects at least $600 million in revenue by 2026, primarily driven by growth in quantum-related customer engagements, showcasing the potential of quantum technology in the semiconductor industry.
- Industry Competition: While quantum-focused firms are gaining attention, analysts believe traditional cybersecurity software companies will emerge as the biggest winners as post-quantum security becomes more prominent, reflecting a shift in the competitive landscape.
See More
Lountzis Asset Management Exits SkyWater Technology Stake
- Stake Reduction: According to a May 7, 2026 SEC filing, Lountzis Asset Management eliminated its stake in SkyWater Technology by selling 290,222 shares in Q1, resulting in a net position decline of $5.27 million, reflecting the impacts of trading activity and stock price fluctuations.
- Top Holdings Overview: After exiting SkyWater, Lountzis's top holdings include BRK-B at $65.08 million (24% of AUM), AMAT at $40.68 million (15% of AUM), and WFC at $19.51 million (7.2% of AUM), indicating a diversified investment portfolio.
- Stock Performance: As of May 6, 2026, SkyWater Technology shares were priced at $34.19, representing a 372.2% increase over the past year, significantly outperforming the S&P 500 by 340.88 percentage points, highlighting its robust position in the semiconductor sector.
- Merger Implications: SkyWater is set to merge with IonQ in a cash-and-stock deal, where IonQ offers $15 in cash and $20 in shares for each SkyWater share, indicating that SkyWater's stock value is now tied to both its performance and IonQ's share price, along with the merger's closing conditions.
See More
SkyWater Stockholders Approve Merger with IonQ
- Merger Agreement Approved: SkyWater Technology's stockholders approved the merger agreement with IonQ at a special meeting, which will lead to IonQ acquiring SkyWater, marking a significant strategic shift for the company expected to close in Q2 or Q3 of 2026.
- Regulatory Approvals Pending: The transaction remains subject to necessary regulatory approvals and other customary closing conditions, and failure to complete these in a timely manner could disrupt the company's operational plans and divert management's focus, impacting future growth.
- Market Position Strengthened: As the largest U.S.-based pure-play semiconductor foundry, the merger will further solidify SkyWater's market position in quantum computing and next-generation systems, enhancing its capabilities in critical infrastructure and supply chain resilience.
- Forward-Looking Statement Risks: The company highlighted various risks and uncertainties associated with its forward-looking statements, including the potential inability to complete the transaction as anticipated, which could lead to a significant decline in stock price and affect investor confidence.
See More
