U.S. Department of Defense Awards SkyWater a $27M Option to Facilitate American-Made Semiconductors Critical to National Security and Domestic Supply Chains

SourceYahoo Finance
Date Published07/12/2022
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name SkyWater Technology
Parent companySkyWater Technology
Type of work Manufacturing
Reshoring category:Reshoring
What product(s) and/or service(s) were outsourced domestically?Manufacturing
Year reshoring announced:2022
Capital investment ($):170
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredSemiconductor Chip
What domestic positive factors made reshoring more attractive?Government Incentives, Under-utilized capacity, Department of Defense (DOD) is funding
Government Incentive dollar amount:$27 million
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