# SkyWater to modernize semiconductor facility in Bloomington, Minnesota

The U.S. Department of Commerce signed a preliminary memorandum of terms to provide up to $16 million in direct funding to SkyWater Technology Foundry Inc. for the modernization of its existing facility in Bloomington, Minnesota, creating approximately 70 jobs.

- Type: Expansion
- Announced: 2024-12-10
- Where: Bloomington, Minnesota, United States
- Value: $16.0M
- Jobs: 70
- Status: announced
- Products: semiconductor chips
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [SkyWater Technology Foundry](https://endata.com/companies/22567.md)
- [U.S. Department of Commerce](https://endata.com/companies/74718.md) (investor)

## Sources

- [dfecho.com](https://dfecho.com/biden-harris-administration-announce-preliminary-terms-with-coherent-skywater-and-x-fab-to-advance-us-supply-chain-security), 2024-12-10: "The proposed investment in SkyWater would support the modernization of its existing facility in Bloomington, Minnesota and is expected to create approximately 70 jobs."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.