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BioSolar Soars on New Asian Partnerships

A California company is reaching out to take in other partners to make other, more revolutionary products.

Santa Clarita-based BioSolar, Inc. (OTCQB:BSRC) is a developer of breakthrough energy storage technology and materials. The company spotlighted recent efforts to form additional partnerships designed to scale a proof of concept of a Li-ion battery that incorporates its proprietary anode additive material.

Representatives of BioSolar and the Company’s technology partners, recently visited Top Battery, another technology development partner, in South Korea. During the trip, BioSolar also met with tech firms with extensive knowledge and capability in Si anode material processing.

So, going forward, the team is forging alliances with other companies in South Korea to integrate BioSolar’s solid additives into Ferroglobe’s Si raw materials to produce Si anode materials incorporating BioSolar’s additive technology.

BioSolar shares gained half a cent, or 11.4%, late Tuesday afternoon, to 4.9 cents, on volume of more than 118,000