POSCO Future M, a leading battery materials supplier, and Factorial, a leader in solid-state battery technology, signed a Memorandum of Understanding (MoU), for the development of all-solid-state battery technology.

The MoU signing ceremony which took place on November 25 at the Future Battery Forum in Berlin, was attended by POSCO Future M Head of Technology Research Laboratory Hong Young-Jun and Factorial CEO Siyu Huang, along with executives from both companies.

Under the MoU, the two companies plan to explore cooperation in developing materials for all-solid-state batteries, which are powering progress in next-generation industries such as electric vehicles, robotics, energy storage systems and more. All-solid-state batteries use solid electrolytes instead of liquid between the cathode and anode, offering higher safety, superior energy density, and excellent charging performance compared to conventional

Through this MoU, POSCO Future M aims to further strengthen its competitiveness in the all-solid-state battery materials business. The company is currently conducting R&D on cathode materials for all-solid-state batteries, and silicon anode materials.

POSCO Future M Head of Technology Research Laboratory Hong Young-Jun said, “We expect synergy in the next-generation all-solid-state battery business based on Factorial’s battery technology and market presence with global automakers, and POSCO Future M’s competitiveness in cathode and anode materials.”

“Solid-state batteries are entering a new era of commercial readiness,” said Siyu Huang, CEO of Factorial. “We expect work with POSCO Future M to not only accelerate innovation in critical cathode and anode materials, but also strengthen a resilient global supply chain and drive meaningful cost reductions at scale.”