Mairs & Power Inc. Boosts Stake in SkyWater Technology

Investment firm increases holdings in semiconductor foundry by 12.7% in Q3

Mar. 17, 2026 at 12:27pm

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Mairs & Power Inc., an investment management firm, has increased its stake in SkyWater Technology, Inc. (NASDAQ:SKYT) by 12.7% during the third quarter of 2025. The firm now owns 184,756 shares of the semiconductor company's stock, worth $3.45 million.

Why it matters

SkyWater Technology is a U.S.-based specialty semiconductor foundry that focuses on the development and manufacture of high-reliability integrated circuits. Mairs & Power's increased investment in the company signals their confidence in SkyWater's growth potential within the semiconductor industry.

The details

According to a regulatory filing, Mairs & Power Inc. added 20,836 shares of SkyWater Technology to its portfolio during the third quarter. This brings the firm's total holdings in the company to 184,756 shares. The investment management firm cited SkyWater's focus on advanced semiconductor manufacturing processes and its diverse customer base across aerospace, defense, automotive, and other sectors as reasons for the increased stake.

  • Mairs & Power Inc. made the share purchases during the third quarter of 2025.

The players

Mairs & Power Inc.

An investment management firm based in Minnesota that focuses on long-term investing in high-quality companies.

SkyWater Technology, Inc.

A U.S.-based specialty semiconductor foundry that develops and manufactures high-reliability integrated circuits using advanced processes on 200-millimeter wafers.

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The takeaway

Mairs & Power's increased investment in SkyWater Technology suggests the firm sees strong growth potential in the semiconductor foundry's focus on advanced manufacturing capabilities and diverse customer base across key industries.