ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

U.S. Government to Fund Expansion of IP Ecosystem for SkyWater’s 90 nm Rad-Hard Platform

SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced the Department of Defense (DOD) is investing $12 million to expand the intellectual property (IP) ecosystem for the company’s 90 nm radiation-hardened (rad-hard) by process offering, as part of the previously announced $27 million investment. SkyWater has been making considerable and measurable progress with its RH90 technology roadmap to broaden onshore production capabilities for strategic rad-hard electronics.

SkyWater previously announced partnerships with Trusted Semiconductor Solutions and CAES to develop the RH90 process design kit (PDK), and to support qualification for the rad-hard by process platform. Both partners will continue support on this platform by designing and validating critical IP building blocks. By having validated IP building blocks already inside a platform, it is faster and more efficient to design a chip. It also reduces the risk of having to redesign due to the use of unvalidated building blocks – redesigning takes much longer to get chips deployed in mission critical systems.

SkyWater established an Early Access Program (EAP) providing customers with an opportunity to evaluate the increased circuit density and improved speed, power, and performance capabilities of this next generation technology. SkyWater has released its initial PDK and launched its first multi-project wafer (MPW) shuttles for RH90 as part of the EAP with support from Trusted Semiconductor Solutions, a proven expert in rad-hard microelectronics and advanced system-on-chip and system-in-package solutions for military, space and industrial markets. As part of the MPW shuttle run, customers had the opportunity to test and validate their own IP as well as evaluate the RH90 PDK, IP blocks and design features prior to technology qualification.

Subsequently, SkyWater partnered with CAES to leverage their expertise in the design, testing, qualification and manufacturing of rad-hard high reliability integrated circuits and system-in-package solutions to enable ecosystem partners to collaborate on furthering U.S. national security missions. CAES will lead SkyWater through qualification; a very rigorous effort including radiation testing and reliability testing. Productization and qualification of SkyWater’s RH90 and the development of IP design libraries will enable CAES and ecosystem design and manufacturing partners to produce processors, security engines, memory, interface devices application-specific integrated circuits (ASICs) and other strategic applications for mil/aero and commercial markets.

“Trusted Semiconductor Solutions and CAES are each invaluable ecosystem partners for the evolution of our rad-hard by process offering,” said Dr. Steven Kosier, SkyWater CTO. “Trusted Semi was instrumental in the development of the RH90 PDK and IP libraries which readied us to launch our MPW shuttle in a move toward customer engagement. CAES’ 90 nm process qualification expertise for the U.S. Government is unique in the industry and will help accelerate productization of our RH90 process to strengthen the Trusted supply chain and meet the demands of mission critical strategic products.”

“Next generation systems will need to operate in very complex, demanding radiation environments, and we are proud to partner with SkyWater on their development for aerospace and defense markets. CAES brings decades of radiation hardening expertise and combining our technical capabilities with SkyWater’s RH90 platform will provide the industry with solutions to meet the demands of the future,” said Mike Kahn, CEO, CAES.

“We are impressed with the strides SkyWater has made in a short time – from expediting its DOD-backed facility expansion to successfully completing the base prototype project,” said Allan Hurst Jr., president and CEO of Trusted Semiconductor Solutions. “Working together, we were able to quickly create the PDK to set the stage for developing the RH90 offering and achieving important milestones.”

About SkyWater Technology

SkyWater (NASDAQ: SKYT) is a U.S.-owned semiconductor manufacturer and a DMEA-accredited Category 1A Trusted Foundry. SkyWater’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 management, 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 “forward-looking” statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements that are based on the Company’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 Company’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 Company’s actual results to be different than expected or anticipated include, but are not limited to, factors discussed in the “Risk Factors” 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

Contacts

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.