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GlobeNewswire·

Forge Nano Breaks Ground on “America’s Battery Gigafactory” to Strengthen U.S. Defense Supply Chains

  • Forge Nano is breaking ground on expanding its Morrisville, North Carolina facility from 100,000 to nearly 315,000 square feet.
  • The expansion will create over 250 jobs & establish annual battery manufacturing capacity of up to 3 GWh.
  • The project is financed by up to $100 million in non-dilutive funding from the U.S. Department of Energy.
  • Construction is expected to begin imminently, with equipment delivery scheduled over the next two years & production starting in 2028.
  • A strategic partnership with Samsung SDI includes a $20 million investment, operational expertise, & a conditional procurement agreement starting in 2028.
  • The facility aims to reduce U.S. dependence on foreign supply chains by producing advanced lithium-ion batteries for defense, aerospace, & commercial markets.
  • At full production, the 3 GWh capacity could support approximately 150 million battery cells annually for applications like drones, military vehicles, & energy storage.
  • U.S. Senator Ted Budd, Representative Deborah Ross, Morrisville Mayor TJ Cawley, & Assistant Secretary of Energy Audrey Robertson attended the groundbreaking event.
  • Forge Nano plans to integrate its proprietary Atomic Armor technology into future Samsung SDI battery products.
  • The expansion aligns with new National Defense Authorization Act battery sourcing requirements taking effect in 2028.