Forge Battery, the commercial lithium-ion battery production subsidiary of Forge Nano, Inc., finalized award negotiations for $100 million in non-dilutive funding by the Department of Energy’s Office of Manufacturing and Energy Supply Chains (MESC).

Forge Battery plans to use the $100 million to expand its North Carolina lithium-ion battery gigafactory production capacity to 3 gigawatt hours per year (GWh/year). Combined with $140 million from Forge Battery, the BIL funding will serve to bolster the United States’ renewable energy supply chain.

Forge Battery recently began cell production via a new, supplemental manufacturing line in Colorado to accelerate cell production trials, while supporting customers and partners with cell samples. Forge Battery intends to produce 21700 cell products on the new manufacturing line before transitioning production to the Morrisville Gigafactory.

Forge Battery expects to begin construction on the North Carolina Gigafactory expansion in early 2025.

Forge Battery intends to be the leading domestic battery supplier for specialty applications by utilizing Forge Nano’s Atomic Armor surface coating technology to enhance durability and performance of lithium-ion battery cells.