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Forge Nano Forms Landmark Strategic Partnership with Samsung SDI to Enable U.S. Production of Advanced Battery Cells

  • Forge Nano will construct a 3 GWh per year battery Gigafactory in Morrisville, North Carolina with Samsung SDI's operational & manufacturing support.
  • Manufacturing at the facility is expected to begin in 2028, producing both Samsung SDI battery cells & Forge Nano's existing Atomic Armor™ products.
  • Samsung SDI signed a conditional procurement contract to purchase cells from the Gigafactory starting in 2028.
  • Forge Nano is authorized to distribute Samsung SDI battery cells within the U.S. market.
  • Samsung SDI is accelerating development to incorporate Forge Nano's Atomic Armor™ technology into future battery products.
  • Forge Nano is investing $300 to $330 million to build the facility, subsidized by a $100 million Department of Energy grant.
  • The partnership enables domestic production of Samsung SDI cells for non-consumer automotive, defense, & industrial applications.
  • The agreement coincides with Forge Nano's planned merger with Archimedes Tech SPAC Partners II Co. (NASDAQ: ATII).