Forge Nano Partners with Samsung SDI for US Battery Production

Denver, Colorado, USA - Forge Nano, Inc., an advanced materials company currently in the process of merging with Archimedes Tech SPAC Partners II Co. (NASDAQ: ATII), has announced a major strategic partnership with Samsung SDI. This landmark agreement focuses on accelerating the production of advanced battery cells within the United States.

As part of the collaboration, Forge Nano will construct a 3-gigawatt hour (GWh) per year battery manufacturing facility in Morrisville, North Carolina. Samsung SDI will provide critical manufacturing and operational support for the site, which is expected to begin production by 2028. The facility will produce Samsung SDI battery cells alongside Forge Nano's proprietary Atomic Armor cell products.

Key Highlights:

• Forge Nano to construct a new 3 GWh Gigafactory in North Carolina with operational support from Samsung SDI.
• Samsung SDI has entered a conditional procurement contract to purchase battery cells from the new facility starting in 2028.
• Forge Nano will act as an authorized distributor for Samsung SDI cells within the U.S. market.
• The partnership aims to strengthen domestic supply chains and support critical U.S. defense and industrial applications.

Forge Nano's investment in the facility, which is supported by a $100 million grant from the Department of Energy, is expected to range between $300 and $330 million. The partnership represents a significant step in establishing domestic, high-performance battery manufacturing capacity.