Umicore steps up solid-state battery technology development with investment in Blue Current

April 01, 2023

March 30, 2023 12:00 ET – Umicore and Blue Current, a leading manufacturer of silicon elastic composite solid-state batteries, have agreed to strengthen their collaboration on the development of solid-state battery technology, with Umicore investing a minority stake in the U.S.-based start-up. This investment complements the joint development agreement (JDA) whereby both parties were able to integrate Umicore’s battery materials in Blue Current’s solid-state battery technology. By providing capital – in addition to supplying state-of-the-art battery materials under the JDA – Umicore intends to work with Blue Current to drive market adoption of the company’s unique silicon elastic composite battery towards mid-decade.. Read more here…

The source of this news is from Blue Current