Shares of QuantumScape (NYSE:QS) jumped 9% on Tuesday after the solid-state battery innovator revealed a collaboration with Corning (NYSE:GLW) to develop ceramic separator manufacturing at scale.
The partnership is designed to pave the way for large-scale production of QuantumScape’s ceramic separators, a critical component of its solid-state battery technology. The initiative marks a key step in assembling a network of industrial partners to speed up commercialization of the company’s next-generation energy storage systems.
The deal leverages QuantumScape’s advances in battery architecture alongside Corning’s longstanding expertise in ceramics production. Corning, globally recognized for its work in glass, ceramics, and advanced materials, will play a pivotal role in enhancing manufacturing capabilities for solid-state components.
“Corning’s world-class capabilities in ceramics manufacturing makes it an ideal addition to the QS technology ecosystem,” said Dr. Siva Sivaram, CEO and President of QuantumScape. “Together with our ecosystem partners, we’re building the foundation for scalable production of our high-performance solid-state batteries and furthering our mission to revolutionize energy storage.”
Ron Verkleeren, Senior Vice President of Corning’s Emerging Innovations Group, emphasized that the two companies “are driven by a shared spirit of innovation in science and technology,” adding that Corning is “excited to collaborate with QS to help advance the future of battery technology.”
QuantumScape continues to focus on lithium-metal solid-state batteries, which promise greater energy density and enhanced safety relative to traditional lithium-ion designs.
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