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

$ATIIPress releaseAug 19, 2026, 11:38 AM ETRead the release

Forge Nano, the company merging with ATII, broke ground on a major expansion of its North Carolina facility, targeting 3 GWh of annual battery capacity by 2028. The project is backed by $100 million in non-dilutive U.S. Department of Energy funding and a $20 million strategic investment from Samsung SDI.

Key figures

Doe funding
$100 million
Jobs created
250
Facility sq ft
315000
Samsung investment
$20 million
Annual capacity gwh
3
Production start year
2028

AI analysis

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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.