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QuantumScape Corp

NYSE:QSLive AI agent

QuantumScape is on a mission to revolutionize energy storage and power a decarbonized future, focusing on transportation.

Investor website: https://quantumscape.com/

About

QuantumScape is on a mission to revolutionize energy storage and power a decarbonized future, focusing on transportation. Founded in 2010, the company aims to create advanced lithium-ion batteries that address key issues such as battery life, charging speed, and cost. Their patented solid ceramic electrolyte technology enables fast charging, long-lasting, and safer batteries, essential for zero-emissions transportation. QuantumScape's innovation simplifies battery design and manufacturing, making it fundamentally cheaper and safer than conventional lithium-ion batteries.

Verified company data

Shares outstanding
441,143,789
Projects
["QuantumScape Begins Customer Shipments of Alpha-2 Prototypes, a Key Goal for 2024\n\nMarch 27, 2024\n\nSAN JOSE, Calif.–(BUSINESS WIRE)–QuantumScape Corporation (NYSE: QS), a leader in next-generation solid-state lithium-metal battery technology, today announced it started customer shipments of Alpha-2 prototype battery cells, fulfilling a goal for 2024.\n\nAlpha-2 prototypes are a significant milestone on the roadmap to deliver QSE-5, QuantumScape’s first planned commercial product. QuantumScape entered the automotive qualification process in December 2022 after shipping A0 prototypes to customers. Alpha-2 prototypes integrate many of the company’s significant component improvements made over the last year. The six-layer Alpha-2 prototype is more energy-dense than the earlier 24-layer A0 prototype. This is primarily due to higher-loading cathodes (i.e., packed with more active material) and more efficient packaging that optimizes the materials and space within the cell. The packaging improvements include tighter internal margins, thinner current collectors, and a slimmer design, all of which are integral to the final product.\n\nAs an intermediate step between the A0 and the QSE-5 B0 prototypes planned for later this year, Alpha-2 cells feature the main functionality of the QSE-5 and are an opportunity for customers to test key performance parameters and prototype-level reliability. While Alpha-2 prototypes are being tested in customer labs, QuantumScape is working to integrate those component-level improvements into the planned QSE-5 cells, which will consist of 24 layers and use electrolyte-separators produced using the faster Raptor equipment and process.\n\n“The Alpha-2 shipments represent an important milestone on our path to commercialization,” said Dr. Siva Sivaram, president and CEO of QuantumScape. “Customer feedback is the most critical input in the product development cycle as it provides insight into areas that need improvement and strengthens collaboration. The faster we can get new product iterations into customers’ hands, the faster we get to production. We are very encouraged by the initial Alpha-2 performance results and excited about the first QSE-5 cells we expect to manufacture later this year.”\n\n“The improvements in energy and power densities demonstrated by the Alpha-2 prototypes indicate that QSE-5 can push the boundaries of solid-state battery performance,” said Tim Holme, co-founder and CTO of QuantumScape. “We continue to advance our anode-free, solid-state battery in performance and maturity with methodical execution on our milestones.”\n\nThe company will continue to build and ship Alpha-2 prototypes to automotive customers over the coming months while focusing on reliability improvements and ramping up production. QuantumScape’s remaining key goals for 2024 include ramping up the Raptor production process, beginning low-volume QSE-5 prototype production, and preparing for high-volume production of its solid-state electrolyte-separator using the Cobra equipment and process, which is set to begin in 2025.","QuantumScape and Volkswagen Sign Agreement to Select Location for Joint Venture Pilot-Line Facility\n\nMay 14, 2021\n\nSAN JOSE, Calif.–(BUSINESS WIRE)– QuantumScape Corporation (NYSE: QS, or “QuantumScape”) today announced that it has entered into an agreement with Volkswagen Group of America, Inc. to select the location of their joint-venture solid-state battery pilot-line facility by the end of 2021. The companies currently contemplate Salzgitter, Germany for the location.\n\nThe pilot-line facility, QS-1, will initially be a 1-gigawatt hour (GWh) battery cell commercial production plant for electric vehicle batteries. QuantumScape and Volkswagen intend to expand production capacity by a further 20 GWh at the same location.\n\n“Our goal has been to bring our solid-state lithium-metal batteries to market as soon as possible,” said Jagdeep Singh, CEO and co-founder of QuantumScape. “This joint venture brings together QuantumScape’s core battery technology with Volkswagen’s deep understanding of high-volume, high-quality production, and maximizes our ability to bring this technology into industrial production.”\n\nQS-1 will follow QS-0, QuantumScape’s planned pre-pilot line. In its Q1 Shareholder Letter, QuantumScape highlighted progress on that front as well, securing a facility in San Jose to house the QS-0 line. To fulfill the strong inbound interest in its technology, the company also recently announced it was doubling the initial QS-0 capacity to over 200,000 cells annually, enough for hundreds of test vehicles each year.\n\nIn March, QuantumScape announced an additional $100 million in funding from Volkswagen after Volkswagen confirmed through tests at its labs in Germany that QuantumScape cells met the established technical milestone.","QuantumScape Inaugurates Eagle Line for Solid-State Battery Pilot Production\n\nFebruary 4, 2026\n\nSAN JOSE, Calif. — February 4, 2026 — QuantumScape Corporation (NASDAQ: QS), a global leader in next-generation solid-state lithium-metal battery technology, today celebrated the inauguration of its newly installed Eagle Line at its facility in San Jose. The event was attended by automotive OEM customers, QS ecosystem partners and government officials, and included a showcase tour of the Eagle Line.\n\nThe Eagle Line is a suite of equipment, materials and highly automated processes, forming the blueprint for production of QS technology. It incorporates QS’s groundbreaking Cobra process, a unique and highly scalable method for producing the proprietary QS separator.\n\nUpon ramp-up, the Eagle Line will produce QS battery cells to support customer sampling and testing, technology demonstrations, and product integration efforts. It is also intended to demonstrate scalable production of QS technology to enable licensing partners to manufacture at gigawatt-hour scale in their own facilities. In addition, the Eagle Line will serve as a platform to develop and test further technology and process improvements at meaningful scale, enabling QS’s advanced development efforts.\n\n“We’re proud to show the Eagle Line to the world for the first time,” said Dr. Siva Sivaram, president and CEO of QS. “The Eagle Line is a powerful platform to demonstrate scalable production of our solid-state technology and serve customer demand for better batteries. This is the next major step in the commercialization of our technology.”\n\n“The Eagle Line is a real technical achievement on the part of our team,” said Dr. Luca Fasoli, COO of QS. “After deploying the Cobra process, we rapidly moved to scale up our cell build process to increase output, scalability, automation and quality. I’m proud of the intense effort that went into making the Eagle Line a reality.”"]
Leadership
Jagdeep Singh (CEO), Dr. Siva Sivaram (President, Veteran of semiconductor and data storage industries, previously President of Technology and Strategy at Western Digital.), Jeneanne Hanley (Board Member, Former SVP at Lear Corporation, led a global division with over 70,000 employees.), Gena Lovett (Board Member, Former VP of Operations at Boeing, extensive experience in manufacturing and operations management.), Susan Huppertz (Board Member, Chief Manufacturing and Supply Chain Officer at Hubbell Inc., specialist in high-volume manufacturing.), Frank Blome (Board Member, Head of Volkswagen Group’s Center of Excellence for Battery Cells.), Brad Buss (Board Member, Former Tesla board member and CFO of Cypress Semiconductor.), Prof. Dr. Jürgen Leohold (Board Member, Former Executive Director of Group Research at Volkswagen Group.), Justin Mirro (Board Member, CEO of Kensington Capital.), Prof. Fritz Prinz (Board Member, Co-founder of QuantumScape and Professor of Materials Science and Engineering at Stanford University.), Dipender Saluja (Board Member, Partner at Capricorn Investment Group.), J.B. Straubel (Board Member, Co-founder and former CTO of Tesla, CEO of Redwood Materials.), Jens Wiese (Board Member, Head of Investment Advisory and Partnerships at Volkswagen Group.), Celina Mikolajczak (Board Member, Vice-President of Engineering & Battery Technology at Panasonic Energy of North America, integral in developing battery technologies for electric vehicles.)

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