"These strategic investments evidence our commitment to our customers to co-create emerging technologies and help ensure we are in position to deliver long-term value to our shareholders," said Thomas Sonderman, president and CEO of SkyWater. "We believe our investment in GaN technologies – which expand possibilities for next generation microelectronics – enhances SkyWater's position for leadership in the aerospace and defense, industrial and automotive markets. As recently noted in the White House 100 Day Supply Chain Review, there is a significant need for a U.S.-based foundry to offer technology services for GaN. We firmly believe SkyWater is that foundry."