QuantumScape and Corning Announce Agreement for Ceramic Separator Development & Commercialization
Combining QS and Corning’s strengths in materials science and manufacturing, this agreement marks an important step in building an ecosystem of partners to rapidly industrialize QS’s next-generation battery technology.
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“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 QS. “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.”
About QuantumScape Corporation
QuantumScape is on a mission to revolutionize energy storage to enable a sustainable future. The company’s next-generation solid-state lithium-metal battery technology is designed to enable greater energy density, faster charging and enhanced safety to support the transition away from legacy energy sources toward a lower carbon future. For more information, visit www.quantumscape.com.
About Corning Incorporated
Forward-Looking Statements
Certain information in this press release may be considered “forward-looking statements,” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including, without limitation, statements regarding the development and commercialization of QS’s battery technology, the anticipated benefits and value creation of QS’s technology, and the collaboration with Corning Incorporated, including the company’s plans and objectives for future operations and growth, the expected performance of its technology and its applications, the achievement of technical milestones, development of the battery ecosystem, and the potential impacts of the company’s technology, among others. These forward-looking statements are based on management’s current expectations, assumptions, hopes, beliefs, intentions and strategies regarding future events and are based on currently available information as to the outcome and timing of future events. Because forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified, you should not rely upon forward-looking statements as predictions of future events. The events and circumstances reflected in the forward-looking statements may not be achieved or occur and actual results could differ materially from those projected in the forward-looking statements due to various risks, including the successful development, production, scale up and commercialization of our solid-state battery technology, including of its separator, and successfully collaborating with
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Source: QuantumScape Corporation