Exhibit 99.1 SkyWater Technology Reports Fourth Quarter and Full Fiscal Year 2023 Results Sixth Straight Quarter of Record Revenue Culminates in 35% Growth Year for Fiscal 2023 BLOOMINGTON, Minn., – February 26, 2024 – SkyWater Technology, Inc. (NASDAQ: SKYT), the trusted technology realization partner, today announced financial results for the fourth quarter and full fiscal year 2023 ended December 31, 2023. Financial Highlights for Q4 2023: • Revenue increased 22% year-over-year to a record $79.2 million. ...