Sector: Consumer Cyclicals | Industry: Auto, Truck & Motorcycle Parts |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 1730 Technology Drive, Suite 301 SAN JOSE CA 95110 |
Tel: | N/A |
Website: | https://www.quantumscape.com |
IR: | See website |
Key People | ||
Jagdeep Singh Chairman of the Board | Siva Sivaram President, Chief Executive Officer, Director | Timothy Holme Co-Founder, Chief Technology Officer |
Kevin Hettrich Chief Financial Officer | Michael O. McCarthy Chief Legal Officer, Head of Corporate Development | Mohit Singh Chief Development Officer |
Business Overview |
QuantumScape Corporation is developing solid-state lithium-metal battery technology for electric vehicles (EVs) and other applications. The Company's solid-state lithium-metal battery technology is designed to offer greater energy density, faster charging and enhanced safety. Its battery cells have none of the host materials used in conventional anodes. The Company's cells are anode-free in that they are manufactured without anodes in a discharged state. It has demonstrated a solid-state separator for lithium-metal batteries capable of resisting dendrite formation at higher power densities, such as those required for automotive applications and fast charging, for at least 800 cycles at around 25 degrees Celsius. Its solid-state electrolyte-separator is a dense, entirely inorganic ceramic. The Company's solid-state battery technology has applicability in other markets, including stationary storage and consumer electronics, such as smartphones and wearables, among others. |
Financial Overview |
For the fiscal year ended 31 December 2023, Quantumscape Corp revenues was not reported. Net loss increased 8% to $445.1M. Higher net loss reflects Stock-based Compensation in R&D increase of 50% to $94.3M (expense), Research and development - Balancing val increase of 5% to $232.2M (expense), Impairment - Fixed Assets increase of 57% to $21.5M (expense). |
Employees: | 850 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $2,051M as of Dec 31, 2023 |
Annual revenue (TTM): | $0.00M as of Dec 31, 2023 |
EBITDA (TTM): | -$413.26M as of Dec 31, 2023 |
Net annual income (TTM): | -$445.15M as of Dec 31, 2023 |
Free cash flow (TTM): | -$324.54M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 495,809,422 as of Feb 20, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |