What is the strategic purpose of Samsung SDI's $20 million investment and engineering support for Forge Nano?

Samsung SDI's $20 million investment and engineering support aims to enable Forge Nano to build batteries for the US defense and aerospace industries in North Carolina, allowing Samsung to source American-made cells that bypass tariffs and comply with upcoming US regulations requiring the removal of Chinese materials from the military supply chain.

How does Forge Nano plan to finance its North Carolina battery factory, and what existing government funding has it secured?

Forge Nano is negotiating a Pentagon Office of Strategic Capital loan of up to $275 million to complete its Morrisville, North Carolina factory, and has already drawn on a $100 million cost-share grant from the Department of Energy in 2025.

Samsung Teams Up With US Battery Startup Seeking Pentagon Cash

Jun 25, 2026

Samsung SDI invests $20 million and engineering support in Forge Nano to build US-based battery cells for defense, aiming to bypass tariffs and reduce reliance on Chinese materials while seeking additional Pentagon loans.

bloomberg

2026-02-03

Samsung SDI sees steady growth in electronic materials on AI investment

2026-03-27

Samsung SDI signs $1B battery materials supply deal with L&F Corp.

2026-04-19

Samsung SDI signs first EV battery supply deal with Mercedes-Benz

2026-06-25

Samsung Teams Up With US Battery Startup Seeking Pentagon Cash

2026-08-03

Samsung SDI Reports Operating Profit Rise in Electronic Materials Business

Samsung Teams Up With US Battery Startup Seeking Pentagon Cash

FAQ