Forge Nano Partners with Samsung SDI to Build Gigafactory in North Carolina
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 hour ago
0mins
Source: Globenewswire
- Strategic Partnership: Forge Nano has signed an agreement with Samsung SDI, which will assist in constructing a 3 GWh per year battery manufacturing facility in North Carolina, expected to begin operations in 2028, thereby enhancing U.S. domestic battery production capacity to meet defense and industrial application needs.
- Procurement Agreement: Samsung SDI has entered into a conditional procurement contract with Forge Nano to purchase battery cells produced at the new facility starting in 2028, ensuring supply chain stability and security in the U.S. market.
- Technology Integration: Samsung SDI is accelerating the incorporation of Forge Nano's Atomic Armor technology into future battery products, aiming to enhance battery performance and strengthen market competitiveness, further solidifying their strategic partnership.
- Investment and Subsidy: Forge Nano plans to invest between $300 million and $330 million in the new factory, supported by a $100 million grant from the Department of Energy, demonstrating government backing for domestic battery manufacturing and promoting the independence of the U.S. battery supply chain.
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About ATII
Archimedes Tech SPAC Partners II Co. is a blank check company. The Company is formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or other similar business combination with one or more businesses. The Company may pursue a business combination target in any business, industry or geographical location. The Company intends to focus its search for businesses in the technology industry, and its focus will be on the artificial intelligence, cloud services and automotive technology sectors.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Forge Nano Partners with Samsung SDI to Build Gigafactory in North Carolina
- Strategic Partnership: Forge Nano has signed an agreement with Samsung SDI, which will assist in constructing a 3 GWh per year battery manufacturing facility in North Carolina, expected to begin operations in 2028, marking a significant enhancement in U.S. battery manufacturing capacity.
- Procurement Agreement: Samsung SDI has entered into a conditional procurement contract to purchase battery cells produced at Forge Nano's Gigafactory starting in 2028, ensuring a secure supply chain for battery products in the U.S. market.
- Accelerated Technology Integration: Samsung SDI will expedite the incorporation of Forge Nano's Atomic Armor technology into future battery products, enhancing performance and competitiveness to meet the demands of defense and industrial applications.
- Investment and Subsidy: Forge Nano plans to invest between $300 million and $330 million in the construction of the facility, supported by a $100 million grant from the Department of Energy, demonstrating a strong commitment to domestic battery production.
See More
Forge Nano Partners with Samsung SDI to Build Gigafactory in North Carolina
- Strategic Partnership: Forge Nano has signed an agreement with Samsung SDI, which will assist in constructing a 3 GWh per year battery manufacturing facility in North Carolina, expected to begin operations in 2028, thereby enhancing U.S. domestic battery production capacity to meet defense and industrial application needs.
- Procurement Agreement: Samsung SDI has entered into a conditional procurement contract with Forge Nano to purchase battery cells produced at the new facility starting in 2028, ensuring supply chain stability and security in the U.S. market.
- Technology Integration: Samsung SDI is accelerating the incorporation of Forge Nano's Atomic Armor technology into future battery products, aiming to enhance battery performance and strengthen market competitiveness, further solidifying their strategic partnership.
- Investment and Subsidy: Forge Nano plans to invest between $300 million and $330 million in the new factory, supported by a $100 million grant from the Department of Energy, demonstrating government backing for domestic battery manufacturing and promoting the independence of the U.S. battery supply chain.
See More
Archimedes Tech SPAC Partners II Files Merger Amendment with Forge Nano
- Merger Application Update: Archimedes Tech SPAC Partners II filed an amendment to its merger application with Forge Nano on June 22, 2026, marking a significant step in advancing its business integration with a leading semiconductor equipment manufacturer.
- Registration Statement Details: The registration statement includes a preliminary proxy statement/prospectus that has not yet been declared effective, indicating that the merger process is still in its early stages, which may affect investor decisions and market reactions.
- Company Background: Archimedes II is a special purpose acquisition company registered in the Cayman Islands, having completed a $230 million IPO in February 2025, showcasing its ambition and strength in technology sector mergers.
- Forge Nano's Technological Edge: Forge Nano leads in Atomic Layer Deposition technology for AI chip manufacturing and defense battery applications, and the merger is expected to enhance market competitiveness through its Atomic Armor™ platform technology, driving future growth.
See More
Forge Nano and Group14 Collaborate to Enhance Battery Technology
- Collaboration Background: Forge Nano and Group14 Technologies announced a partnership that combines advanced silicon battery materials with Atomic Armor® technology, aiming to enhance the performance of lithium-ion batteries manufactured in the U.S. to meet growing domestic manufacturing and defense procurement needs.
- Technological Innovation: Group14's silicon battery materials significantly improve energy density and fast-charging capabilities, while Forge Nano's Atomic Armor® nanocoating technology optimizes performance during charging cycles at the atomic level, enhancing battery durability and cycle life.
- Market Demand: As demand for high-performance battery technologies accelerates, Forge Nano's CEO Paul Lichty emphasized the increasing importance of combining advanced materials innovation with scalable U.S. production capacity to address the need for secure domestic energy storage supply chains in defense and strategic industrial markets.
- Ecosystem Development: This collaboration reflects both companies' commitment to strengthening the U.S. battery ecosystem, promoting domestic innovation and advanced manufacturing, and driving the development of scalable supply chains to enhance the country's self-sufficiency in critical technologies.
See More
Forge Nano and Group14 Collaborate to Advance Battery Technology
- Collaboration Background: Forge Nano and Group14 Technologies announced a partnership that combines advanced silicon battery materials with Atomic Armor® technology, aiming to enhance the performance of lithium-ion batteries manufactured in the U.S. to meet domestic manufacturing and defense procurement needs.
- Technical Advantages: Group14's silicon battery materials significantly improve energy density and fast-charging capabilities, while Forge Nano's Atomic Armor® coating technology provides atomic-level protection that optimizes performance during charging cycles, enhancing battery durability and cycle life.
- Market Demand: As demand for high-performance battery technologies accelerates, Forge Nano's CEO Paul Lichty emphasized the increasing importance of combining advanced materials innovation with scalable U.S. production capacity to meet the secure energy storage needs of defense and strategic industrial markets.
- Ecosystem Development: This collaboration reflects both companies' commitment to strengthening the U.S. battery ecosystem through domestic innovation, advanced manufacturing, and scalable supply chain development, facilitating the commercialization of high-performance silicon batteries.
See More
Forge Nano Merges with Archimedes II, Delivers TEPHRA™ Tool
- Delivery Milestone: Forge Nano has delivered its TEPHRA™ semiconductor wafer fabrication tool to a leading Fortune Global 500 communications infrastructure company, marking significant commercial progress in photonics applications and expected to drive the development and manufacturing of next-generation optical technologies.
- ALD Technology Advantage: The TEPHRA™ platform utilizes Forge Nano's Atomic Layer Deposition (ALD) technology to achieve ultra-thin, highly conformal coatings at the atomic level, enhancing device performance and material integration capabilities in semiconductor and photonics manufacturing environments.
- Growing Market Demand: As demand for technologies supporting AI infrastructure and optical networking increases, Forge Nano's semiconductor equipment business continues to gain momentum, further solidifying its market position in advanced process equipment and materials technology.
- Strategic Importance: CEO Paul Lichty emphasized the increasing significance of photonics technologies in the global AI and data infrastructure buildout, with the deployment of the TEPHRA™ platform validating Forge Nano's leadership in next-generation semiconductor manufacturing applications.
See More
Forge Nano Partners with Samsung SDI to Build Gigafactory in North Carolina
- Strategic Partnership: Forge Nano has signed an agreement with Samsung SDI, which will assist in constructing a 3 GWh per year battery manufacturing facility in North Carolina, expected to begin operations in 2028, marking a significant enhancement in U.S. battery manufacturing capacity.
- Procurement Agreement: Samsung SDI has entered into a conditional procurement contract to purchase battery cells produced at Forge Nano's Gigafactory starting in 2028, ensuring a secure supply chain for battery products in the U.S. market.
- Accelerated Technology Integration: Samsung SDI will expedite the incorporation of Forge Nano's Atomic Armor technology into future battery products, enhancing performance and competitiveness to meet the demands of defense and industrial applications.
- Investment and Subsidy: Forge Nano plans to invest between $300 million and $330 million in the construction of the facility, supported by a $100 million grant from the Department of Energy, demonstrating a strong commitment to domestic battery production.
See More
Forge Nano Partners with Samsung SDI to Build Gigafactory in North Carolina
- Strategic Partnership: Forge Nano has signed an agreement with Samsung SDI, which will assist in constructing a 3 GWh per year battery manufacturing facility in North Carolina, expected to begin operations in 2028, thereby enhancing U.S. domestic battery production capacity to meet defense and industrial application needs.
- Procurement Agreement: Samsung SDI has entered into a conditional procurement contract with Forge Nano to purchase battery cells produced at the new facility starting in 2028, ensuring supply chain stability and security in the U.S. market.
- Technology Integration: Samsung SDI is accelerating the incorporation of Forge Nano's Atomic Armor technology into future battery products, aiming to enhance battery performance and strengthen market competitiveness, further solidifying their strategic partnership.
- Investment and Subsidy: Forge Nano plans to invest between $300 million and $330 million in the new factory, supported by a $100 million grant from the Department of Energy, demonstrating government backing for domestic battery manufacturing and promoting the independence of the U.S. battery supply chain.
See More
Archimedes Tech SPAC Partners II Files Merger Amendment with Forge Nano
- Merger Application Update: Archimedes Tech SPAC Partners II filed an amendment to its merger application with Forge Nano on June 22, 2026, marking a significant step in advancing its business integration with a leading semiconductor equipment manufacturer.
- Registration Statement Details: The registration statement includes a preliminary proxy statement/prospectus that has not yet been declared effective, indicating that the merger process is still in its early stages, which may affect investor decisions and market reactions.
- Company Background: Archimedes II is a special purpose acquisition company registered in the Cayman Islands, having completed a $230 million IPO in February 2025, showcasing its ambition and strength in technology sector mergers.
- Forge Nano's Technological Edge: Forge Nano leads in Atomic Layer Deposition technology for AI chip manufacturing and defense battery applications, and the merger is expected to enhance market competitiveness through its Atomic Armor™ platform technology, driving future growth.
See More
Forge Nano and Group14 Collaborate to Enhance Battery Technology
- Collaboration Background: Forge Nano and Group14 Technologies announced a partnership that combines advanced silicon battery materials with Atomic Armor® technology, aiming to enhance the performance of lithium-ion batteries manufactured in the U.S. to meet growing domestic manufacturing and defense procurement needs.
- Technological Innovation: Group14's silicon battery materials significantly improve energy density and fast-charging capabilities, while Forge Nano's Atomic Armor® nanocoating technology optimizes performance during charging cycles at the atomic level, enhancing battery durability and cycle life.
- Market Demand: As demand for high-performance battery technologies accelerates, Forge Nano's CEO Paul Lichty emphasized the increasing importance of combining advanced materials innovation with scalable U.S. production capacity to address the need for secure domestic energy storage supply chains in defense and strategic industrial markets.
- Ecosystem Development: This collaboration reflects both companies' commitment to strengthening the U.S. battery ecosystem, promoting domestic innovation and advanced manufacturing, and driving the development of scalable supply chains to enhance the country's self-sufficiency in critical technologies.
See More
Forge Nano and Group14 Collaborate to Advance Battery Technology
- Collaboration Background: Forge Nano and Group14 Technologies announced a partnership that combines advanced silicon battery materials with Atomic Armor® technology, aiming to enhance the performance of lithium-ion batteries manufactured in the U.S. to meet domestic manufacturing and defense procurement needs.
- Technical Advantages: Group14's silicon battery materials significantly improve energy density and fast-charging capabilities, while Forge Nano's Atomic Armor® coating technology provides atomic-level protection that optimizes performance during charging cycles, enhancing battery durability and cycle life.
- Market Demand: As demand for high-performance battery technologies accelerates, Forge Nano's CEO Paul Lichty emphasized the increasing importance of combining advanced materials innovation with scalable U.S. production capacity to meet the secure energy storage needs of defense and strategic industrial markets.
- Ecosystem Development: This collaboration reflects both companies' commitment to strengthening the U.S. battery ecosystem through domestic innovation, advanced manufacturing, and scalable supply chain development, facilitating the commercialization of high-performance silicon batteries.
See More
Forge Nano Merges with Archimedes II, Delivers TEPHRA™ Tool
- Delivery Milestone: Forge Nano has delivered its TEPHRA™ semiconductor wafer fabrication tool to a leading Fortune Global 500 communications infrastructure company, marking significant commercial progress in photonics applications and expected to drive the development and manufacturing of next-generation optical technologies.
- ALD Technology Advantage: The TEPHRA™ platform utilizes Forge Nano's Atomic Layer Deposition (ALD) technology to achieve ultra-thin, highly conformal coatings at the atomic level, enhancing device performance and material integration capabilities in semiconductor and photonics manufacturing environments.
- Growing Market Demand: As demand for technologies supporting AI infrastructure and optical networking increases, Forge Nano's semiconductor equipment business continues to gain momentum, further solidifying its market position in advanced process equipment and materials technology.
- Strategic Importance: CEO Paul Lichty emphasized the increasing significance of photonics technologies in the global AI and data infrastructure buildout, with the deployment of the TEPHRA™ platform validating Forge Nano's leadership in next-generation semiconductor manufacturing applications.
See More
