Big question is WHY?
I would think it would cost more as well.
All brass has worked well for a long time.
If it's gonna be discarded anyway, wouldn't steel be cheaper?
For this case to work, it needs to be a combo of stainless steel and brass.
The head/web of the case needs to be stainless steel to contain the high pressures this cartridge needs to generate the velocity they are looking for.
The front of the case needs to be brass so that it will swell when the powder charge is ignited, fire-forming to the chamber and sealing it. The brass then shrinks down slightly, aiding in extraction.
Steel cases won’t do this. This is one of the reasons that steel-cased ammo is so “dirty; it doesn’t swell to seal the chamber, and some of the powder blows back around the casing, leaving deposits in the chamber and action.
So, stainless steel where it needs to be strong and rigid, and brass where it needs to be flexible.