SkyWater CEO Thomas Sonderman Is Keynote Speaker at First U.S. International Semiconductor Executive Summit

US ISES to focus on โ€œStrengthening the U.S. Semiconductor Ecosystemโ€

SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced that Thomas Sonderman, the companyโ€™s president and CEO, will be a keynote speaker at the first U.S. International Semiconductor Executive Summit. The US ISES provides a unique platform for leaders to strategize future industry opportunities. The theme of the Summit is โ€œStrengthening the U.S. Semiconductor Ecosystemโ€ and offers collaboration and networking for semiconductor companies facing common challenges.

Taking place in Scottsdale, Arizona from May 9โ€“10, 2022, the event brings together participants from different sectors of the semiconductor supply chain and consists of political, business, financial, and research and industry leaders all under one roof.

Sondermanโ€™s keynote will focus on strategies for revitalizing U.S. leadership in semiconductor manufacturing. The current chip shortage and unprecedented pandemic have put a spotlight on supply chain vulnerabilities in the U.S.

According to Sonderman, โ€œCreating a balanced and secure microelectronics supply chain is critical to reduce risk and enhance national security. This includes establishing a National Semiconductor Technology Center (NSTC) to drive synergistic innovation by bridging the gap between public and private sector R&D and commercialization. It also includes enabling comprehensive workforce development by increasing support for STEM education and apprentice programs and rapidly expanding the use of public-private partnerships to build the fabs of the future.โ€

Sonderman added: โ€œBy aggressively taking these actions, the U.S. can lay the groundwork for the next wave of emerging manufacturing technologies that will support the ever-increasing global demand for advanced microelectronics.โ€

For more information on the US ISES, please visit: www.usises.com.

About SkyWater Technology

SkyWater (NASDAQ: SKYT) is a U.S.-owned semiconductor manufacturer and a DOD-accredited Trusted supplier. SkyWaterโ€™s Technology as a ServiceSM model streamlines the path to production for customers with development services, volume production and heterogeneous integration solutions in its world-class U.S. facilities. This pioneering model enables innovators to co-create the next wave of technology with diverse categories including mixed-signal CMOS, ROICs, rad-hard ICs, power discretes, MEMS, superconducting ICs, photonics, carbon nanotubes and interposers. SkyWater serves growing markets including aerospace & defense, automotive, biomedical, cloud & computing, consumer, industrial and IoT. For more information, visit: www.skywatertechnology.com.

SkyWater Technology Forward-Looking Statements

This press release contains โ€œforward-lookingโ€ statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements that are based on the Companyโ€™s current expectations or forecasts of future events, rather than past events and outcomes, and such statements are not guarantees of future performance. Forward-looking statements are subject to risks, uncertainties and assumptions, which may cause the Companyโ€™s actual results, performance or achievements to be materially different from those expressed or implied by such forward-looking statements. Key factors that could cause the Companyโ€™s actual results to be different than expected or anticipated include, but are not limited to, factors discussed in the โ€œRisk Factorsโ€ section of its annual report on Form 10-K and quarterly reports on Form 10-Q, and in other documents that the Company files with the SEC, which are available at http://www.sec.gov. The Company assumes no obligation to update any forward-looking statements, which speak only as of the date of this press release.

SKYT-CORP

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