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quantumscape

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Company Market Research Report: QuantumScape Battery, Inc.



1. Company Overview



1.1 Basic Information


  • Name: QuantumScape Battery, Inc.

  • Mission: Revolutionize energy storage and power a decarbonized future, starting with transportation.

  • Founded: 2010

  • Headquarters: 1730 Technology Drive, San Jose, CA 95110


1.2 Founders and Key People


  • Founders: No specific founders listed.

  • Key People:

  • Dr. Siva Sivaram - President & CEO

  • Dr. Tim Holme - Co-founder & Chief Technology Officer

  • Dr. Mohit Singh - Chief Development Officer

  • Kevin Hettrich - Chief Financial Officer

  • Mike McCarthy - Chief Legal Officer & Head of Corp. Dev.

  • Jagdeep Singh - Co-founder & Board Chairman

  • JB Straubel - Founder & CEO, Redwood Materials; Co-founder Tesla

  • Jürgen Leohold - Former Head of Volkswagen Group Research

  • Dipender Saluja - Managing Director, Capricorn

  • Brad Buss - Board Member Marvell; Former CFO SolarCity, Cypress; Former Board Member Tesla

  • Sebastian Schebera - Head of Strategic Partnerships, Volkswagen AG

  • Jeneanne Hanley - Board Member KLA Corporation; Former President E-Systems, Lear Corp.

  • Dr. Gena C. Lovett - Board Member Trex and AdvanSix; Former VP Operations, Boeing

  • Prof. Fritz Prinz - Co-founder & Chief Scientific Advisor

  • Susan Huppertz - Former Chief Supply Chain Officer, Johnson Controls


1.3 Additional Information


  • Number of Employees: 600+

  • Revenue: No information is available.

  • What is the company known for: Pioneering development of solid-state lithium-metal batteries.


2. Products



2.1 Primary Technology


  • Solid-State Lithium-Metal Batteries

  • Description: Advanced battery that addresses limitations of traditional lithium-ion batteries related to battery life, charging speed, safety, and cost.

  • Key Features:

  • Patented solid ceramic electrolyte separator: Non-flammable and non-combustible.

  • Lithium anode creation in situ: Simplifies battery design and manufacturing, makes batteries fundamentally cheaper.

  • Higher energy density: Lithium-metal anode is nearly 10 times more energy dense than current batteries.


3. Recent Developments



3.1 Key Announcements


  • 07/11/24: PowerCo and QuantumScape Announce Landmark Agreement to Industrialize Solid-State Batteries.

  • 03/27/24: QuantumScape Begins Customer Shipments of Alpha-2 Prototypes.

  • 02/14/24: QuantumScape Appoints Dr. Siva Sivaram as CEO to Lead Next Phase of Growth.

  • 07/31/23: QuantumScape Appoints Dr. Siva Sivaram President.


3.2 New Products and Features


  • Alpha-2 Prototypes: Customer shipments began on 03/27/24.

  • FlexFrame Cell Format: A proprietary cell format introduced to enhance product features.


3.3 Strategic Collaborations


  • PowerCo Agreement: Collaboration on manufacturing battery cells and establishing a jointly staffed processing team.

  • License Agreement: QuantumScape to grant PowerCo a non-exclusive, royalty-bearing IP license with a pre-paid royalty fee of $130M and the right to manufacture up to 40 GWh annually.

  • Impact: Accelerates technology market entry and validation from Volkswagen, reducing time to volume production challenges.


3.4 Partnerships


  • Volkswagen Partnership: Ongoing collaboration to develop solid-state batteries for automotive applications.

  • Expansion to Asia-Pacific Region: Established R&D center in Japan (02/22/22).


4. Other Notable Mentions


  • Growth: QuantumScape is focused on the electric vehicle (EV) market to address primary limitations of existing battery technologies.

  • Environmental Impact: Emphasizes sustainable and safer battery technologies to support decarbonization and zero-emission transport.


5. Locations and Contact


  • Headquartered: 1730 Technology Drive, San Jose, CA 95110

  • General Contact: info@quantumscape.com


6. Additional Information


  • Patents and Patent Applications: 300+

  • Years of R&D: 12


No additional revenue information or comprehensive product lines are provided in the data.
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