Press release

SkyWater Appoints Brad Ferguson as Chief Technology Officer

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SkyWater
Technology Foundry
, the trusted innovation partner for tomorrow’s
most advanced technology solutions, today announced that Dr. Brad
Ferguson has been appointed as SkyWater’s Chief Technology Officer
(CTO). In this new role he will focus on further developing the
company’s technology roadmap and IP strategy by identifying high growth
markets for SkyWater’s Technology Foundry business along with continuing
to lead SkyWater’s government relations efforts.

According to Thomas Sonderman, SkyWater President, “Brad is a natural
choice to lead our technology strategy. He brings a unique mix of fab
process and technology development, combined with business acumen and
government relations experience. Since joining SkyWater, I have
recognized his technical leadership, strategic thinking ability, and
impressive management, communications and relationship skills.”

Dr. Ferguson most recently served as SkyWater’s Senior Director of
Sales, responsible for government relations strategy and sales in the
custom foundry line of business at SkyWater. He started his career in
photolithography process development at Cypress Semiconductor. In 2008,
he stood up the Cypress Foundry Solutions business to provide
differentiated technology to high-tech innovators which has grown into
nearly 40% of SkyWater’s revenue. Dr. Ferguson also drove the
accreditation process to achieve Trusted Foundry status from DMEA which
marked the company’s entry into the aerospace and defense market, a
pillar of SkyWater’s market strategy.

“Notably, Brad developed the custom foundry line of business at Cypress
prior to the spin-off of SkyWater and shaped it over a number of years
into a growth engine for the fab. I believe his leadership skills in
this new role as CTO will direct the organization’s focus on the
necessary technologies, customers and markets to accelerate SkyWater’s
pace of growth and further its success,” said Dana Nazarian, Executive
Vice President, Operations & Technology, Cypress Semiconductor and
member of SkyWater’s Board of Directors.

“I’m very pleased with how the custom foundry business has grown over
the last 11 years and I’m excited to now take on this new leadership
role. At a time when the tech landscape is growing increasingly diverse
and the pace of disruptive innovation is accelerating, I look forward to
leading our technology and IP roadmaps to continue development of
offerings innovators need to bring their ideas to market for the next
wave of hybrid technologies,” said Dr. Brad Ferguson, SkyWater Chief
Technology Officer.

About SkyWater Technology Foundry

SkyWater is a solely U.S.-based and owned, DMEA-accredited Technology
Foundry, providing custom design and development services, exclusive
design IP, and volume manufacturing for integrated circuits and micro
devices. The Company’s world-class operations and unique processing
capabilities enable mixed-signal CMOS, rad-hard and ROIC solutions.
SkyWater’s Innovation Engineering Services empower development of
superconducting and 3D ICs, along with carbon nanotube, photonic and
MEMS devices. SkyWater serves customers in growing markets such as
aerospace & defense, automotive, cloud & computing, consumer,
industrial, IoT and medical. For more information, please visit: www.skywatertechnology.com/.