Umicore acquires state in battery manufacturer

Umicore has acquired a minority stake in US-based start-up Blue Current, a manufacturer of silicon elastic composite solid-state batteries.

This follows a previous joint development agreement (JDA) to integrate Umicore’s battery materials in Blue Current’s solid-state battery technology.

“Umicore is looking forward to taking the next step in our collaboration with Blue Current on solid-state battery technologies and build on the first promising outcome during a year of joint research,” said Stéphane Levasseur, Umicore director. “Such agreements complement other research efforts in the battery materials ecosystem and across the value chain.”