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Atomic Layer Deposition (ALD) nanocoating technology ('Atomic Armor') for battery materials and semiconductor components; Forge Battery subsidiary makes lithium-ion cells for defense/aerospace.

Low-Carbon MaterialsGoing public (SPAC)Thornton, COFounded 2011

The interesting angle

Makes Forge Nano CU Boulder's 11th unicorn spinout. Formerly Pneumaticoat Technologies; merged with CU spinout ALD NanoSolutions in 2020. Dual exposure to EV batteries and AI-era semiconductor manufacturing.

Related in Low-Carbon Materials

Last updated August 2026Sources: [1][2]

Snapshot

Funding
~$166.5M total raised incl. $40M (Apr 2025) and $10M from GM Ventures (Oct 2024); announced $1.6B SPAC merger with Archimedes II (~May 2026), expected to close H2 2026
Stage
Going public (SPAC)
HQ
Thornton, CO
Founded
2011
Target customer
Battery/materials manufacturers, semiconductor makers, defense/aerospace

HQ location

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