Overview

• QuantumScape signed a manufacturing agreement with Corning to develop and commercialize ceramic separators for its solid-state lithium‑metal batteries.
• Shares hit a new 52-week high on Friday after a week of gains tied to the Corning news, with the stock up more than 190% year to date, according to Benzinga.
• The company recently staged its first public vehicle demo of its cells, with coverage noting a high-profile motorcycle run on a German stage last month.
• QuantumScape began baseline production of its upgraded Cobra separator process in late June, targeting a transition toward higher-volume output by the end of 2025.
• Despite the rally and partnerships that include Volkswagen ties, the company has yet to commercialize products or generate revenue.