Full-Time
Updated on 9/4/2026
Develops nanocoatings to enhance manufacturing performance
$90k - $115k/yr
Thornton, CO, USA
In Person
Bachelor's, Associate's
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Forge Nano develops and deploys Atomic Armor, a nanocoating that enhances manufactured products, especially in semiconductors and powders. Atomic Armor is deposited at the nanoscale onto surfaces or powders, improving battery life, fuel stability, medicine shelf life, and wafer durability. The company differentiates itself with a scalable, industry-grade coating platform proven across diverse materials, building on its lab-to-commercial scaling heritage from the University of Colorado ALD group. Its goal is to help manufacturers boost performance and sustainability by applying durable nanoscale coatings at scale.
Company Size
51-200
Company Stage
Series D
Total Funding
$450.8M
Headquarters
Thornton, Colorado
Founded
2011
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Forge Nano Breaks Ground on "America's Battery Gigafactory" to Strengthen U.S. Defense Supply Chains TMCnet News [August 19, 2026] | / | Forge Nano Breaks Ground on "America's Battery Gigafactory" to Strengthen U.S. Defense Supply Chains * DOE-backed facility will expand to nearly 315,000 square feet, create more than 250 jobs and scale domestic battery manufacturing capacity to up to 3 GWh annually * Samsung SDI partnership brings strategic investment, manufacturing expertise and commercial support to Forge Nano's U.S. battery manufacturing platform * Senator Ted Budd, Representative Deborah Ross, Morrisville Mayor TJ Cawley and Assistant Secretary of the Department of Energy Audrey Robertson joined Forge Nano to mark the company's next phase of U.S. manufacturing growth DENVER and MORRISVILLE, N.C., Aug. 19, 2026 (GLOBE NEWSWIRE) - Forge Nano, Inc., a leading U.S.-based semiconductor equipment and advanced materials company pioneering Atomic Layer Deposition ("ALD") technology for artificial intelligence ("AI")-era chip manufacturing and defense battery applications, which has signed an agreement to merge with Archimedes Tech SPAC Partners II Co. ("Archimedes II") (NASDAQ: ATII), today celebrated the groundbreaking of a major expansion of its lithium-ion battery manufacturing facility in Morrisville, North Carolina. Forge Nano executive leadership team breaks ground on its Morrisville, NC lithium-ion battery manufacturing facility alongside North Carolina Senator Ted Budd, U.S. Representative Deborah Ross, Mayor of Morrisville TJ Cawley and the Assistant Secretary of the Department of Energy Audrey Robertson. U.S. Senator Ted Budd, U.S. Representative Deborah Ross, Morrisville Mayor TJ Cawley and Assistant Secretary of the Department of Energy Audrey Robertson joined Forge Nano CEO Paul Lichty, employees, strategic partners and community leaders at the facility to mark the milestone and highlight the importance of expanding domestic battery manufacturing capacity for defense, aerospace and other critical U.S. markets. The expansion will transform Forge Nano's existing 100,000-square-foot Morrisville operation into a manufacturing campus approaching 315,000 square feet, create more than 250 jobs in North Carolina and establish approximately 3 gigawatt-hours ("GWh") of annual battery cell manufacturing capacity at full production. The facility is designed to address one of the most significant vulnerabilities facing the U.S. battery industry: the nation's dependence on foreign-controlled supply chains for batteries used in applications critical to national security. Forge Nano's Gigafactory is intended to establish a secure, U.S.-based manufacturing hub capable of supplying advanced lithium-ion batteries at scale. "Today's groundbreaking marks an important step toward building a battery supply chain in America," said Paul Lichty, CEO of Forge Nano. "We're combining Forge Nano's technology with world-class manufacturing expertise, federal suport and North Carolina's growing advanced manufacturing ecosystem to bring critical battery production to the United States. America's Battery Gigafactory will give defense, aerospace and commercial customers access to advanced battery cells manufactured here at home, at the scale needed to compete globally." The project is financed by up to $100 million in non-dilutive funding from the U.S. Department of Energy and reflects a collaborative effort among Forge Nano, federal and state partners and strategic industry collaborators to strengthen America's domestic battery supply chain. "Maintaining America's technological edge requires strategic investment in our national security and commercial interests. Forge Nano's new Morrisville facility will strengthen U.S. battery manufacturing capabilities - advancing American leadership in critical technologies, expanding domestic production, and helping us compete with China. North Carolina's strong workforce and business climate make it an ideal place to grow this cutting-edge industry. This partnership will strengthen our domestic manufacturing base, create new opportunities for American workers, and keep North Carolina at the forefront of innovation," said Senator Budd. "North Carolina's Research Triangle has long been a center for innovation, and investments like Forge Nano's are helping translate that progress into advanced manufacturing and good-paying jobs here at home," said Congresswoman Deborah Ross. "Expanding domestic battery production will drive economic growth, create jobs, support our clean energy transition, and strengthen America's technology supply chain. I was proud to play a small role in bringing this expansion to life by passing the Bipartisan Infrastructure Law. I look forward to seeing how Morrisville and the Triangle continue leading the next generation of American manufacturing." "These batteries will not only serve commercial markets, but also the defense and aerospace applications on which our military depends," said Assistant Secretary of Energy Audrey Robertson. "That is exactly the kind of manufacturing capacity our country needs. We need to build critical technologies in America. We need to support our armed forces with secure supply chains. And American companies should be able to compete and win in the industries that will define the decades ahead." Building Domestic Battery Capacity at Scale Expansion construction is expected to begin imminently, with manufacturing equipment scheduled to be delivered over the next 2 years. Production at the facility is expected to begin in 2028. At full production, 3 GWh represents approximately 150 million battery cells per year. Depending on customer demand and product mix, that capacity could support approximately 10-20 million drone batteries, 34,000 electric military vehicles, 6 million BB-2590 radio batteries, 900 6T (Type 2) batteries, or approximately 275 energy storage system containers annually. The timing of the expansion is expected to align with new National Defense Authorization Act ("NDAA") battery sourcing requirements taking effect in 2028, further increasing the need for secure domestic sources of advanced battery cells for defense applications. Samsung SDI Partnership Supports U.S. Reshoring A central component of Forge Nano's U.S. battery manufacturing strategy is its strategic partnership with Samsung SDI, one of the world's leading battery manufacturers. Samsung SDI is supporting Forge Nano in establishing and beginning operations at the Morrisville facility, providing operational and manufacturing expertise for high-throughput battery production. Once the Gigafactory is operational, Forge Nano expects to manufacture Samsung SDI battery cells alongside Forge Nano's existing cell products in North Carolina. Samsung SDI has also entered into a conditional procurement agreement to purchase cells manufactured at the Gigafactory beginning in 2028, while Forge Nano is a contract manufacturer and an authorized distributor of Samsung SDI battery cells in the U.S. market. The companies are also working to advance the incorporation of Forge Nano's proprietary Atomic Armor(R) technology into future Samsung SDI battery products. Samsung SDI further strengthened the partnership in July through a $20 million strategic investment in Forge Nano, including $10 million in Forge Nano's Series D financing and $10 million in the company's PIPE financing associated with its planned public listing. Investing in North Carolina's Advanced Manufacturing Workforce Forge Nano selected North Carolina for the expansion based on the state's growing advanced manufacturing ecosystem, its pipeline of skilled workers from universities, community colleges and technical programs, competitive state and local incentives and its strong support for companies investing in advanced U.S. manufacturing. The Morrisville location also positions Forge Nano within the Research Triangle's deep technical and engineering talent base and provides a strong logistical position for transporting battery cells to defense, aerospace, industrial and other customers. As the Gigafactory ramps toward full production, Forge Nano expects the facility to create more than 250 jobs across advanced manufacturing, engineering, operations and technical roles. The project represents a significant investment in both domestic battery manufacturing capacity and the workforce needed to sustain that capacity over the long term. ABOUT FORGE NANO Forge Nano is a leading U.S. based semiconductor equipment and advanced materials company pioneering Atomic Layer Deposition ("ALD") technology for AI-era chip manufacturing and defense battery applications via its platform technology, Atomic Armor. Atomic Armor is a scalable, adaptable nano-scale coating system that strengthens America's most critical systems - at the atomic level. The superior surface coatings produced by Forge Nano's Atomic Armor process allow partners to unlock peak performance. Learn more at https://www.forgenano.com. Contacts: Media Contact Will McKenna Brand Communications Director, Forge Nano [email protected] Investor Relations Contact Bryan Baritot Alliance Advisors IR [email protected] A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/42a740fd-7057-45f8-a33e-e3320da62ea0 [ Back To TMCnet.com's Homepage] |
Forge Nano has secured an additional $23 million in PIPE financing, bringing total commitments to $123 million ahead of its planned NASDAQ listing. The semiconductor equipment and advanced materials company priced all new shares at $10.00. Samsung SDI made a $20 million strategic investment, split between $10 million in the PIPE financing and $10 million in Forge Nano's Series D round. Horizons Ventures also participated in the PIPE financing. Forge Nano has closed its Series D at $97 million, completing its pre-IPO capital formation. Assuming no redemptions, the company expects over $367 million in pro forma cash following its merger with Archimedes Tech SPAC Partners II, combining $244 million in trust with the $123 million PIPE. The transaction is expected to close in the second half of 2026.
Forge Nano partners with Samsung SDI on US battery cell production. 26 Jun 2026 US battery technology company Forge Nano has formed a strategic partnership with Samsung SDI to establish domestic production of advanced lithium-ion battery cells in the US, with manufacturing expected to begin in 2028. The agreement will see Samsung SDI provide manufacturing and operational support for Forge Nano's planned 3GWh/year battery gigafactory in Morrisville, North Carolina. Forge Nano said the collaboration is intended to accelerate the commercialisation of high-performance battery cells for defence, aerospace and energy storage applications while strengthening the US battery supply chain. Forge Nano expects to invest between $300 million and $330 million in the facility. The project is supported by a previously announced $100 million award negotiation from the US Department of Energy to expand domestic lithium-ion battery manufacturing capacity. As part of the partnership, Samsung SDI has signed a conditional procurement agreement to purchase battery cells produced at the North Carolina facility from 2028, subject to agreed commercial and production milestones. A significant step for Forge Nano's gigafactory ambitions. The announcement represents a significant step for Forge Nano's battery manufacturing ambitions, which began with plans unveiled in 2023 for a US gigafactory focused on specialised lithium-ion cells. In recent months the company has also announced collaborations to strengthen its domestic battery materials supply chain, including an agreement with Group14 Technologies to integrate silicon-carbon anode materials into its cells. Forge Nano's battery technology incorporates its proprietary Atomic Armor atomic layer deposition (ALD) nanocoating process, which the company says improves battery performance by enhancing energy density, cycle life and fast-charging capability while reducing unwanted side reactions. The partnership adds to Samsung SDI's growing US manufacturing footprint. The South Korean battery manufacturer already has a number of North American production partnerships and has recently expanded its activities in both the electric vehicle and stationary energy storage sectors.
Forge Nano forms landmark strategic partnership with Samsung SDI to enable U.S. Production of advanced battery cells. * Forge Nano to construct North Carolina Gigafactory with Samsung SDI support; manufacturing expected to begin in 2028 * Samsung SDI to help Forge Nano establish and begin operations of the Gigafactory, providing operational and manufacturing support * Forge Nano to produce Samsung SDI battery cells alongside its existing cell products * Samsung SDI signs conditional procurement contract to purchase cells manufactured from the Gigafactory beginning in 2028 * Forge Nano becomes authorized distributor of Samsung SDI cells to supply within the U.S. market * Samsung SDI accelerating development efforts to incorporate Forge Nano's Atomic Armor technology into their future battery products DENVER and MORRISVILLE, N.C., June 25, 2026 (GLOBE NEWSWIRE) - Forge Nano, Inc., a leading U.S. based semiconductor equipment and advanced materials company pioneering Atomic Layer Deposition ("ALD") t... Third-Party Content Disclaimer Content displayed on this platform may include news articles, reports, and other materials aggregated from publicly available third-party sources through automated tools. Such content is not created, written, commissioned, or edited by Straits Interactive Pte Ltd or the Data Protection Excellence (DPEX) Network. While DPEX Network take reasonable steps to ensure responsible publication, DPEX Network do not independently verify all third-party information and make no representations as to its accuracy, completeness, or reliability. The views, findings, and statements expressed in third-party content belong solely to the original source and do not reflect the views of Straits Interactive Pte Ltd or the DPEX Network. If you believe any content is inaccurate, infringing, or should be removed, please contact DPEX Network at [email protected]. DPEX Network will review the matter and, where appropriate, take action in accordance with its internal policies.
Samsung SDI has invested $20 million in Forge Nano, a US battery startup, whilst providing engineering support. The deal positions Samsung within America's defence battery ecosystem as Forge Nano pursues Pentagon funding and plans to manufacture lithium-ion battery cells in North Carolina. The partnership reflects growing US-China tensions over battery supply chains. American officials want military systems independent of Chinese materials, prompting policies favouring domestic production. Samsung gains market access and reduces trade risk, whilst Forge Nano secures funding and manufacturing expertise. Batteries now extend beyond consumer electronics into military drones, aerospace systems and AI infrastructure. This investment demonstrates how battery production has become a strategic national asset, joining semiconductors and rare earth minerals as areas of geopolitical competition.