GlobeNewswire·Jul 16, 2026, 8:30 AM ET

Forge Nano to Host Groundbreaking Event for North Carolina Lithium-Ion Battery Manufacturing Facility Expansion on August 19th

Forge Nano, Inc. will host a groundbreaking event on August 19 for the expansion of its lithium-ion battery manufacturing facility in Morrisville, North Carolina.
The company recently signed an agreement to merge with Archimedes Tech SPAC Partners II Co. (NASDAQ: ATII).
The expanded Forge Nano Gigafactory aims to create approximately 3 GWh of annual manufacturing capacity, equivalent to roughly 150 million battery cells per year.
The project includes a substantial addition to the existing site & construction of a new second floor to establish a secure, U.S.-owned supply chain for defense & aerospace applications.
At full production, the facility 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 275 energy storage system containers annually.
The expansion is financed by up to $100 million in non-dilutive funding from the U.S. Department of Energy & involves strategic support from Samsung SDI.
Operations are expected to begin in 2028, aligning with new National Defense Authorization Act (NDAA) battery sourcing requirements.
The event will feature government officials, community leaders, strategic partners & Forge Nano leadership to celebrate the start of construction.
Forge Nano utilizes its Atomic Layer Deposition ("ALD") platform technology, known as Atomic Armor, to produce advanced surface coatings for critical systems.