Company Overview
About Forge Nano
Forge Nano is a materials science and advanced manufacturing company founded in 2013 by Paul Lichty and headquartered in Thornton, Colorado (near Denver). The company is a pioneer in the commercialization of Atomic Layer Deposition (ALD) at industrial scale — a nanoscale coating process that deposits ultra-thin, conformal films of material (typically one to a few atoms thick) on the surface of powders, parts, and substrates. ALD coatings can dramatically alter the surface chemistry and performance characteristics of materials without changing their bulk properties, making them valuable across applications in battery electrode materials, semiconductors, oil and gas components, and specialty industrial parts.
Business Model & Competitive Advantage
Forge Nano's primary commercial focus is battery materials: its Precision Coating technology applies nanoscale coatings to lithium-ion battery cathode and anode materials to improve performance metrics including energy density, cycle life, fast-charging capability, and thermal stability. These improvements matter significantly for EV manufacturers and grid-scale energy storage operators where battery performance and longevity directly impact total cost of ownership. The company has raised over $50M in total funding and counts major battery material producers, EV companies, and industrial manufacturers among its customer base.
Competitive Landscape 2025–2026
Forge Nano differentiates through its high-throughput ALD reactor systems — which it both uses internally for contract coating services and sells as equipment to manufacturers — enabling ALD to be applied at production volumes that were previously uneconomical. Traditional ALD is used widely in semiconductor fabrication for thin films on flat wafers, but scaling it to powder coating (where trillions of particles must be uniformly coated) at commercial quantities required novel reactor engineering that Forge Nano has developed and patented. The EV battery materials market represents a particularly large growth opportunity as manufacturers seek performance advantages from advanced surface engineering.
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