QuantumScape Partners With Corning To Advance Battery Technology, Stock Rises

(RTTNews) - QuantumScape Corp. (QS), Tuesday announced an agreement with Corning Inc.(GLW) to jointly develop ceramic separator manufacturing capabilities for QS solid-state batteries.

Under this deal, Corning's capabilities in ceramics manufacturing along with QuantumScape's ecosystem partners are expected to rapidly industrialize the next-generation battery technology.

Also, the companies will work jointly toward the goal of high-volume production of QuantumScape's ceramic separators for commercial applications.

In the pre-market hours, QS is climbing 5.86 percent, to $13.08 on the New York Stock Exchange.