SkyWater Technology Inc. has reported its financial results for fiscal 2024, revealing a revenue of $342 million. This figure highlights the company's position in the semiconductor industry, supported by a notable growth in its Advanced Technology Services $(ATS)$ business, which has achieved a four-year revenue compound annual growth rate $(CAGR)$ of approximately 30%. The company continues to focus on domestic semiconductor trends and next-generation technologies, which are expected to fuel future growth. Additionally, SkyWater Technology announced the acquisition of IFX Fab 25 in February 2025, indicating an expansion in its front-end wafer processing capabilities. The company also highlights significant co-investment in capital expenditure for advanced packaging, projected to exceed $350 million from 2020 to 2026.
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