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QuantumScape's stock is going up after it showed off its new Osprey platform for better battery technology.

ProductRead the original at Benzinga
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QuantumScape’s early Osprey cells reached 1,000 cycles with about 80% capacity, and the open platform could add licensing and joint-development opportunities. Osprey is still a long-term solution, so commercial success remains unproven.

QS · QuantumScape Corp

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That result addresses two problems that have held back sulfide batteries: short life with lithium and the need for high pressure. Osprey’s open design also gives QuantumScape more ways to work with customers and license its technology. Still, the results come from early tests. The company calls Osprey a long-term solution, so the report does not show Osprey is being sold or used in cars today. Even with that limit, the reported cycle life and low-pressure test make this a favorable step for QuantumScape.

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