QuantumScape Q2: expands PowerCo deal $131M, new JDA, cash runway to 2029

QuantumScape Corp

2025-Q2 EPS reported -$0.41

Expanded PowerCo collaboration: up to $131M additional payments over two years; first milestones (>$10M) achieved.
Entered joint development agreement with another major global automotive OEM, strengthening commercial pipeline.
Appointed Dr. Luca Fasoli (ex-Western Digital) as COO; Cobra process now baseline for separator production.
Q2 GAAP net loss $114.7M ($0.20/share); adjusted EBITDA loss $63.0M; capex $8.3M.
Ended Q2 with $797.5M liquidity; full-year adjusted EBITDA loss guidance narrowed to $250-270M; cash runway into 2029.

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