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.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.