FTC ends review of IonQ's proposed SkyWater acquisition

By Atlas Watchline Staff · Regulatory · August 2, 2026

The Federal Trade Commission granted early termination of its review of IonQ Inc.'s proposed acquisition of SkyWater Technologies Inc. Two FTC leaders also issued separate statements.

The Federal Trade Commission granted early termination of its review of IonQ Inc.'s proposed acquisition of SkyWater Technologies Inc., according to an FTC press release published July 31, 2026.

The decision ends an early procedural step in the deal review process. The FTC release identifies IonQ as a quantum computing developer and SkyWater as a quantum chip fabrication company.

What the decision means

Early termination means the FTC ended its waiting-period review before the full period expired. The release does not provide additional details on the transaction terms, the timing of the acquisition agreement, or any conditions tied to the agency action.

The press release also says FTC Chairman Andrew N. Ferguson and Commissioner Mark R. Meador each issued separate statements. The source text does not summarize those statements.

Background

The FTC announcement focuses on the status of the agency's review. It does not include additional background on IonQ's plans for SkyWater or whether the companies had announced specific integration plans.

What happens next

The FTC release does not say whether any other reviews remain pending or when the deal might close. Any further steps would depend on the companies and any remaining regulatory process.

Sources

• FTC press release: Statements granting early termination of the FTC’s investigation into IonQ’s proposed acquisition of SkyWater

Editorial note: This article was prepared with AI assistance and includes source attribution for reader review.

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