IREN Expands AI Cloud Platform to Europe with Acquisition of Nostrum Group
IREN→Ingenostrum
May 7, 2026

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Archimedes Tech SPAC Partners II has announced the acquisition of Forge Nano, a technology other business in Delaware, for $230 million. Forge Nano is a U.S. semiconductor equipment and advanced materials company developing Atomic Layer Deposition (ALD) technology for AI-era chip manufacturing and defense battery applications. Its Atomic Armor nano-scale coating system strengthens critical systems and supports scalable, adaptable surface coatings for partner performance. Archimedes Tech SPAC Partners II acquisitions are structured as a technology M&A merger acquisition by a public company SPAC, with a Form S-4 registration statement filed with the SEC that includes a preliminary proxy statement/prospectus.
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