Ascent Solar Technologies Inc (ASTI)

[4C]

They relocated to the Ascent building late 2020.

Founded in 2013, Forge Nano specializes in atomic layer deposition, which basically means it can manipulate the chemical surface of materials down to the atomic level — laying down product layers in coatings a million times slimmer than the the average human hair. The company helps customers like Volkswagen, LG Technology Ventures and the United States Department of Energy create new materials and innovate on existing items, like lithium ion batteries, improving their performance, extending their life cycle and enhancing their safety.

In February, the company merged with ALD Nano, a rival nanoparticle company in Broomfield. Unlike competitors Arradiance in Massachusetts, and Picosun and Beneq in Finland, Talarico said the combined Forge Nano represents the only atomic layer deposition company that has found a way to scale the technology. The expanded office was necessary to accommodate the new company’s growing team and customer base.

The new facility will allow Forge Nano space to not only commit research and development to its processes, but also provide customers a proof of concept of their products and pilot industrial scale projects, Talarico said. The company expects to grow revenue 50 percent year over year, thanks to its merger and move.