Core Insights - POSCO Future M and Factorial Inc. signed a Memorandum of Understanding (MOU) to develop all-solid-state battery technology, aiming to enhance competitiveness in the battery materials sector [1] - The collaboration focuses on developing materials for all-solid-state batteries, which offer higher safety, superior energy density, and excellent charging performance compared to conventional lithium-ion batteries [1] - Factorial's testing of POSCO Future M's cathode material samples showed good rate capability, leading to the MOU signing [1] Company Overview - POSCO Future M is a Korea-based battery materials supplier, producing both cathode and anode materials, and supplying to global customers like Ultium Cells and LG Energy Solution [1] - The company is engaged in R&D for cathode materials for all-solid-state batteries and silicon anode materials, while also exploring lithium metal anode materials and sulfide-based solid electrolytes [1] - Factorial, headquartered in the USA, specializes in solid-state battery development, offering alternatives to traditional lithium-ion technologies with its proprietary FEST® and Solstice™ platforms [1] Strategic Goals - The MOU aims to create synergies in the all-solid-state battery business, leveraging Factorial's technology and market presence alongside POSCO Future M's material capabilities [1] - POSCO Future M plans to build a diverse product portfolio for electric vehicles, focusing on customized solutions through continuous R&D [1] - Factorial's partnerships with global automotive leaders like Mercedes-Benz and Hyundai Motor Company highlight its strategic positioning in the market [1]