QuantumScape subleases 61,100 sq ft facility to Momentus, expects $11.5M rent

QuantumScape Corp

Sublease for entire 1762 Automation Parkway building (61,100 rentable sq ft) to Momentus Inc.
Term runs from landlord consent through Sep 30, 2032; base rent starts at $72K/mo, escalates to $175.1K/mo.
Total expected base rent approx. $11.5M after abatements; Sublessee pays operating expenses, taxes, insurance.
Move reduces QuantumScape's operational footprint, aligns with technology licensing focus.

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