QuantumScape

QuantumScape Begins Customer Shipments of Alpha-2 Prototypes, a Key Goal for 2024

Retrieved on: 
Wednesday, March 27, 2024

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.

Key Points: 
  • 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.
  • 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 Alpha-2 shipments represent an important milestone on our path to commercialization,” said Dr. Siva Sivaram, president and CEO of QuantumScape.

Solidion Technology, Inc. Provides Drop-in Solutions to the Production of Solid-State Batteries

Retrieved on: 
Tuesday, February 20, 2024

However, significant challenges, such as manufacturing complexity, high cost, and certain technical issues have delayed the wide-spread commercialization of solid-state batteries.

Key Points: 
  • However, significant challenges, such as manufacturing complexity, high cost, and certain technical issues have delayed the wide-spread commercialization of solid-state batteries.
  • Today, it is widely believed that new processes and fundamentally different types of equipment must be developed to cost-effectively manufacture solid-state batteries.
  • As a result, most of these producers have postponed their transition to safer and better-performing solid-state batteries.
  • Solidion actively seeks to engage with strategic partnerships in various industries, including energy storage, EV, and consumer electronics, to improve the time-to-market application of solid-state batteries.

QuantumScape Appoints Dr. Siva Sivaram as CEO to Lead Next Phase of Growth

Retrieved on: 
Wednesday, February 14, 2024

Co-founder and CEO Jagdeep Singh will continue to serve as Chairman of the Board of Directors.

Key Points: 
  • Co-founder and CEO Jagdeep Singh will continue to serve as Chairman of the Board of Directors.
  • Dr. Sivaram, a semiconductor and data storage industry veteran, joined QuantumScape as President in September 2023.
  • Over the last year, the company achieved several important milestones that set the foundation for future growth.
  • “We thank Jagdeep for his tremendous leadership from the founding of QuantumScape through all the industry-leading achievements during his tenure as the CEO.

QuantumScape Reports Fourth Quarter 2023 Business and Financial Results

Retrieved on: 
Wednesday, February 14, 2024

QuantumScape Corporation (NYSE: QS), a leader in developing next-generation solid-state lithium-metal batteries, today announced its business and financial results for the fourth quarter of 2023, which ended December 31.

Key Points: 
  • QuantumScape Corporation (NYSE: QS), a leader in developing next-generation solid-state lithium-metal batteries, today announced its business and financial results for the fourth quarter of 2023, which ended December 31.
  • The company posted a letter to shareholders on its Investor Relations website, ir.quantumscape.com , that details fourth-quarter financial results and provides a business update.
  • QuantumScape will host a live webcast today at 2 p.m. Pacific Time (5 p.m. Eastern Time), accessible via its IR Events page .
  • Jagdeep Singh, co-founder and chief executive officer, Kevin Hettrich, chief financial officer, and Dr. Siva Sivaram, president, will participate on the call.

QuantumScape Announces Timing of Fourth Quarter 2023 Business Results and Webcast

Retrieved on: 
Wednesday, January 31, 2024

QuantumScape Corporation (NYSE: QS), a leader in developing next-generation solid-state lithium-metal batteries, today announced it will release its 2023 fourth-quarter business results after market close on Wednesday, February 14, 2024.

Key Points: 
  • QuantumScape Corporation (NYSE: QS), a leader in developing next-generation solid-state lithium-metal batteries, today announced it will release its 2023 fourth-quarter business results after market close on Wednesday, February 14, 2024.
  • This will be followed by a conference call at 2 p.m. Pacific Time (5 p.m. Eastern Time).
  • Jagdeep Singh, co-founder and chief executive officer, Kevin Hettrich, chief financial officer, and Siva Sivaram, president, will participate on the call.
  • The call will be accessible live via a webcast on QuantumScape’s IR Events Calendar page .

Surge Ventures Expands Board of Advisors with the Addition of Nimesh Mehta, Joseph Kuo, Brian Johnson and Ann Robinson

Retrieved on: 
Monday, January 22, 2024

MENLO PARK, Calif., Jan. 22, 2024 /PRNewswire/ -- Surge Ventures (Surge), a new SaaS venture studio initially targeting the financial services and wealth management industry, announced the expansion of its advisory board comprised of wealth management and FinTech industry executives to help guide the firm as it continues its journey to find, fund and nurture the leading technologies of tomorrow. New Board members are Nimesh Mehta, Joseph Kuo, Brian Johnson and Ann Robinson. They join current members, Jason Lish (Chairman), Dr. Neil Daswani, John Rostern, Larry Roth, Matthew Martin, Geoff Moore.

Key Points: 
  • New Board members are Nimesh Mehta, Joseph Kuo, Brian Johnson and Ann Robinson.
  • Surge has established a strong Industry Council comprised of seasoned executives and influencers from across the FinTech and wealth management sectors.
  • The new Board members will add their voices as strategic counselors to Surge's leadership, as the firm executes its vision and growth plans.
  • "I am extremely excited to welcome Nimesh, Joe, Brian and Ann to the Surge Ventures Industry Council," said Lish.

Blue Current Bucks Industry Trend by Delivering Steady Progress Towards a Safe, High Energy Density Solid State Battery

Retrieved on: 
Thursday, December 7, 2023

HAYWARD, Calif., Dec. 6, 2023 /PRNewswire-PRWeb/ --Uses Silicon First Approach to Achieve Technology Milestones and Business Momentum

Key Points: 
  • Blue Current, Inc., a leader in the next phase of the all-solid-state battery (ASSB) industry, announced a series of technical achievements, expanded partner engagements, and funding.
  • The company is using this added funding to complete its 22,000-square-foot pilot manufacturing facility at its headquarters in Hayward, California.
  • Blue Current's battery is also safe and completely dry without flammable liquid or gel electrolyte materials used in traditional LIB.
  • Blue Current is excited to expand its relationships with global material suppliers, manufacturers, and customers focusing on safe and high-performance battery technology.

QuantumScape Reports Third Quarter 2023 Business and Financial Results

Retrieved on: 
Wednesday, October 25, 2023

QuantumScape Corporation (NYSE: QS), a leader in developing next-generation solid-state lithium-metal batteries, today announced its business and financial results for the third quarter of 2023, which ended September 30.

Key Points: 
  • QuantumScape Corporation (NYSE: QS), a leader in developing next-generation solid-state lithium-metal batteries, today announced its business and financial results for the third quarter of 2023, which ended September 30.
  • The company posted a letter to shareholders on its Investor Relations website, ir.quantumscape.com , that details third-quarter financial results and provides a business update.
  • QuantumScape will host a live webcast today at 2 p.m. Pacific Time (5 p.m. Eastern Time), accessible via its IR Events page .
  • Jagdeep Singh, co-founder and chief executive officer, Kevin Hettrich, chief financial officer, and Dr. Siva Sivaram, president, will participate on the call.

QuantumScape Announces Timing of Third Quarter 2023 Business Results and Webcast

Retrieved on: 
Wednesday, October 11, 2023

QuantumScape Corporation (NYSE: QS), a leader in developing next-generation solid-state lithium-metal batteries, today announced it will release its 2023 third-quarter business results after market close on Wednesday, October 25, 2023.

Key Points: 
  • QuantumScape Corporation (NYSE: QS), a leader in developing next-generation solid-state lithium-metal batteries, today announced it will release its 2023 third-quarter business results after market close on Wednesday, October 25, 2023.
  • This will be followed by a conference call at 2 p.m. Pacific Time (5 p.m. Eastern Time).
  • Jagdeep Singh, co-founder and chief executive officer, Kevin Hettrich, chief financial officer, and Siva Sivaram, president, will participate on the call.
  • The call will be accessible live via a webcast on QuantumScape’s IR Events Calendar page .

Solid State Battery Market worth $963 million by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, October 6, 2023

The market for the multi-cell battery segment is expected to gain a significant market share during the forecast period.

Key Points: 
  • The market for the multi-cell battery segment is expected to gain a significant market share during the forecast period.
  • Battery packs are designed and connected in parallel, series, or a mixture of both for delivering the required voltage, capacity, and power density.
  • North America is expected to hold a significant market share of the solid-state battery market during the forecast period.
  • The US is one of the major contributors to the North American solid-state battery market.