SkyWater Banks on ThermaView Platform to Revive Wafer Services Growth
Key Takeaways SKYT's Wafer Services revenues surged 70% sequentially in Q1 FY25, driven by the ThermaView platform. ThermaView supports thermal imaging, with adoption by two major U.S. defense contractors already underway. Wafer Services revenues are projected to be 6M in Q2 FY25, reflecting steady ThermaView-driven demand.SkyWater Technology’s (SKYT) Wafer Services revenues saw a year-over-year decline of 25% in the first quarter of fiscal 2025 due to reduced demand from key automotive customers. How ...