Forge Battery

What Forge Battery does

Forge Battery operates as a subsidiary of Forge Nano Inc. and manufactures lithium-ion battery cells using the proprietary Atomic Armor™ platform — an industrial-scale Atomic Layer Deposition (ALD) technology enabled by patented ALDx architecture. The platform applies ultra-thin, atomically precise coatings to battery materials to address thermal instability and surface degradation, with stated benefits of higher energy density, longer cycle life, improved safety, and a claimed 20% cost reduction versus conventional lithium-ion cells via the Supercell product line. The company also produces a 100% U.S.-sourced 18650 cylindrical cell currently in Department of Defense testing.

The business extends beyond batteries into semiconductor and powder coating equipment, including the TEPHRA 200mm Wafer ALD Cluster Tool for specialty semiconductor manufacturing and Powder ALD Systems for coating powders used in batteries, catalysts, pharmaceuticals, and advanced composites. End-markets span defense and aerospace, energy storage (grid and EV), and mobility, including electric trucks and off-highway vehicles.

Commercial scale is pre-revenue: Forge Battery is building a North Carolina gigafactory for domestic cell manufacturing, backed by a $100M U.S. Department of Energy grant, with planned production start in 2026. The headquarters and semiconductor ALD tool production are based in Thornton, Colorado, with a reported headcount of 1-10 employees. Total capital invested across the parent group exceeds $140M, including a $40M funding round closed in May 2025 co-led by RockCreek and Ascent Funds. Go-to-market is direct enterprise and government sales; pricing is not publicly disclosed.

Name

Forge Battery

Legal name

Forge Nano Inc.

Website

https://forgebattery.com

Company type

Private

Founded year

2023

Operating status

Operating

Headcount range

1–10 employees

Short description

Forge Battery, a subsidiary of Forge Nano, manufactures lithium-ion battery cells using its proprietary Atomic Armor™ Atomic Layer Deposition platform. It supplies defense, aerospace, energy storage, and mobility markets, anchored by U.S. Department of Defense and Department of Energy contracts and a planned North Carolina gigafactory.

Ownership category

akta.pro rank

Product category

Lithium-Ion Battery Manufacturing

NAICS

Battery Manufacturing (33591)

SIC

Electronic & Other Electrical Equipment (No Computer Equip) (3600)

akta.pro primary industry

Battery Cells (Li-ion, LFP, Sodium-ion, Lead-acid, NiMH) (IMAGAHAA)

akta.pro secondary industries

Battery Modules & Packs (Industrial/Commercial pack assembly) (IMAGAHAB), Battery Cell Manufacturing (EV) (IMACACAB), Solid-State Battery Materials & Cell Manufacturing (EUAFABAH), Battery-Grade Chemical Processing (LiOH/Li2CO3, Ni/Co Sulfates, Mn Sulfate) (IMAKAFAI)

Keywords

• Lithium-ion batteries
• Atomic layer deposition
• Energy storage systems
• Semiconductor ALD equipment
• Advanced battery manufacturing

Headquarters

HQ city

Morrisville

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Technology or R&D, Infrastructure, Personnel, Marketing or Sales

Distribution channels1 record

Marketing channels3 records

Core offering

Forge Battery manufactures lithium-ion battery cells for aerospace, defense, energy storage, and advanced mobility applications using its proprietary Atomic Armor™ technology (patented ALDˣ architecture). The company also offers semiconductor ALD wafer fabrication systems (Semi ALD Systems), powder ALD coating systems, and the TEPHRA 200mm wafer cluster tool for specialty semiconductor manufacturing. Cells and equipment are produced in the U.S. with a U.S.-dominant material supply chain, supported by a $100M U.S. Department of Energy grant for the North Carolina gigafactory.

Product overview

Forge Battery operates as a subsidiary of Forge Nano, offering a portfolio of lithium-ion battery products manufactured with proprietary Atomic Armor™ technology (Atomic Layer Deposition nanocoating). The core product line includes Lithium-Ion Batteries for energy storage applications, alongside Semiconductor ALD Systems and Powder ALD Systems for industrial coating applications. The Atomic Armor™ platform serves as the enabling technology across all products, delivering atomic-level precision coating for improved performance, safety, and durability. Forge Nano's North Carolina gigafactory, backed by a $100M DOE grant, focuses on domestic lithium-ion cell manufacturing for defense, aerospace, grid storage, and mobility markets.

Differentiator

Problem solved

Functional benefit

Brands

• Supercell: EV batteries leveraging Atomic Layer Deposition technology that aims to reduce costs by 20% and improve performance. Certified for safety and targeted at markets including electric trucks, off-highway vehicles, and defense.

Products and services

• Lithium-Ion Batteries
• Semi ALD Systems
• Powder ALD Systems
• TEPHRA 200mm Wafer ALD Cluster Tool
• Supercell EV Batteries
• 18650 Cylindrical Lithium-Ion Cell (DoD)

Quantifiable outcome

• 20% cost reduction compared to conventional lithium-ion batteries
• +2 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Enovix Corporation: US-based lithium-ion battery manufacturer with a proprietary 3D cell architecture and government support (including from the DoD). Directly comparable to Forge Battery as a domestic battery cell producer pursuing energy-density and safety advantages for defense, consumer electronics, and EV applications.
• Epsilor (part of Arotech): Defense and tactical lithium-ion battery manufacturer serving military, marine, and aerospace applications. Comparable to Forge Battery as a defense-grade lithium-ion cell supplier pursuing qualification for US and allied military programs with performance and safety differentiation.
• Amprius Technologies: Silicon-anode lithium-ion battery manufacturer targeting defense, aviation, and EV markets with high energy-density 100% silicon cells. Directly comparable as a US-domiciled lithium-ion cell maker with proprietary anode/coating technology, a defense customer base, and small-scale commercial production.
• KULR Technology Group: US-based battery technology and cell company focused on thermal management, safety, and lithium-ion cells for defense, aerospace, and space applications. Directly comparable to Forge Battery on defense/aerospace customer base, lithium-ion cell offering, and US-domiciled supply chain positioning.
• Microvast: Vertically integrated commercial-vehicle and ESS lithium-ion battery manufacturer with US operations. Directly comparable to Forge Battery as a lithium-ion cell and pack producer serving commercial vehicles, defense, and grid storage with differentiated cell technology.

Emerging players

• Solid Power: Developer of sulfide-based solid-state battery cells with BMW and SK On partnerships. Comparable to Forge Battery as a US-based, capital-intensive advanced battery cell developer pursuing OEM qualification and gigafactory-scale production with proprietary chemistry/architecture advantages.
• QuantumScape: Pre-revenue next-generation battery cell developer pursuing superior energy density and cycle life for EV applications. Comparable to Forge Battery as a technology-led, US-headquartered lithium-based cell developer targeting automotive and adjacent mobility markets with proprietary cell architectures.
• Group14 Technologies: US-based silicon battery materials manufacturer with a DOE-supported Washington state plant. Comparable to Forge Battery as a federally supported, US-domiciled advanced battery materials supplier targeting automotive and ESS customers with performance-enhancing chemistry.
• Sila Nanotechnologies: US-based battery materials company developing silicon-dominant anode powders for higher-energy-density lithium-ion cells, with Mercedes-Benz and other OEM partnerships. Comparable to Forge Battery as a US-headquartered, technology-driven advanced battery materials developer feeding into the EV and consumer cell ecosystem.

Broad incumbents

• EaglePicher Technologies: Established US defense and aerospace battery manufacturer (lithium-ion, thermal, and silver-zinc) with deep DoD program heritage. Comparable to Forge Battery as a broader incumbent in defense-grade lithium-ion and specialty cells, where Forge Battery would compete for the same DoD procurement programs.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/UC6tmrBjJw8l7IyR_ghWOlFw
• LinkedInlinkedin.com/company/forge-battery

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Forge Battery