Forge Nano partners with Samsung SDI to build US battery Gigafactory
Forge Nano and Samsung SDI have partnered to build a 3 GWh battery Gigafactory in North Carolina, with operations starting in 2028. The $300–$330 million project, backed by a $100 million DOE grant, includes a conditional procurement agreement and distribution rights for Forge Nano. The facility will produce both Samsung SDI and Forge Nano cells, targeting defense and industrial markets.
*this image is generated using AI for illustrative purposes only.
Forge Nano has entered a strategic partnership with Samsung SDI to construct a 3 GWh battery Gigafactory in Morrisville, North Carolina, with manufacturing expected to commence in 2028. The agreement positions Forge Nano to produce Samsung SDI battery cells alongside its own products, leveraging Samsung SDI's operational and manufacturing expertise to ensure high-throughput production. This collaboration aims to expand U.S. battery manufacturing capacity for defense and industrial applications, strengthening domestic supply chains.
Samsung SDI has signed a conditional procurement agreement to purchase battery cells manufactured at the Gigafactory starting in 2028. Additionally, Forge Nano will serve as an authorized distributor of Samsung SDI cells within the U.S. market. The partnership also includes efforts by Samsung SDI to incorporate Forge Nano’s Atomic Armor technology into future battery products.
The project requires an investment between $300 and $330 million, supported by a $100 million grant from the Department of Energy. The facility will utilize Samsung SDI’s manufacturing expertise and supply chain pricing to produce both Samsung SDI cell products and Forge Nano’s Atomic Armor cell products. The plant is expected to be fully operational by 2028, enabling domestic production of Samsung SDI cells for non-consumer automotive applications.
"This is a landmark agreement unlike anything we’ve seen in the global battery industry today," said Paul Lichty, CEO of Forge Nano. "For the first time, a U.S. battery technology company will partner with a tier-1 battery manufacturer to produce their cells on American soil. This model enables Forge Nano to mitigate scaling risk and directly supply high-performance, U.S.-made battery cells to domestic defense and other critical infrastructure customers that require secure, domestic manufacturing."
Key Partnership Details
| Aspect | Details |
|---|---|
| Facility Capacity | 3 GWh per year |
| Location | Morrisville, North Carolina |
| Operational Start | 2028 |
| Total Investment | $300–$330 million |
| DOE Grant | $100 million |
The Morrisville Gigafactory is expected to play a critical role in supporting defense and industrial applications by providing secure, domestic manufacturing capabilities. The conditional procurement contract and distribution agreement establish a clear path for market entry and revenue generation upon the facility's completion.
How will the integration of Forge Nano's Atomic Armor technology into Samsung SDI's future product lines impact the performance and market competitiveness of these battery cells?
What additional funding sources or financing strategies will Forge Nano employ to cover the remaining $200 to $230 million investment gap beyond the DOE grant?
Could this partnership model serve as a blueprint for other U.S. battery technology companies seeking to mitigate scaling risks with tier-1 manufacturers?
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