Business
SkyWater Hosts Senator Amy Klobuchar and Representative Dean Phillips
Visit focused on supporting efforts to increase domestic output of technologies for automotive, medical and defense markets BLOOMINGTON, Minn.--(BUSINESS
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[{"type":"text","content":"\nVisit focused on supporting efforts to increase domestic output of technologies for automotive, medical and defense markets\n\n BLOOMINGTON, Minn.--(BUSINESS WIRE)--\nSkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced it hosted U.S. Senator Amy Klobuchar and Representative Dean Phillips on June 1, 2021 for a facility tour and press conference to review challenges and opportunities for increasing domestic capabilities and capacities for microelectronics and related technologies. Klobuchar and Phillips joined SkyWater president and CEO Thomas Sonderman and other staff for a fab tour. During the visit, their discussion focused on identifying opportunities for easing supply chain restraints through various means that would have both short and long-term impact for supporting efforts to increase domestic output of technologies in key markets such as automotive, medical and defense.\nThis press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210602005861/en/Rep. Dean Phillips, SkyWater president & CEO, Thomas Sonderman and Sen. Amy Klobuchar during Bloomington, Minnesota fab tour and press conference on June 1, 2021. The visit focused on identifying opportunities for easing supply chain restraints and supporting efforts to increase domestic output of technologies for automotive, medical and defense markets. (Photo: Business Wire)\nThe visit included a press conference where Klobuchar spoke about efforts to boost semiconductor production and other manufacturing technologies across the country. She and Phillips both discussed the trend in recent decades of microelectronics manufacturing moving offshore. Recent events including the global pandemic and supply constraints in the automotive industry have highlighted dynamics that have been developing for decades and represent vulnerabilities for markets and applications with more sensitivities to supply volatility or IP security.\n\nDuring the press conference, Sen. Klobuchar said, “The production of semiconductors in the U.S. has been declining for decades and SkyWater is actually one of those success stories – a company that against all odds kept going, has expanded, and has 500 employees right here.”\n\nIn his speech, Rep. Phillips said, “For a state that has long been known around the world a...