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.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

QuantumScape Corp entered into Sublease with Momentus Inc. valued at approximately $11.5 million (effective 2025-12-03).

Action: entry
Agreement: lease
Counterparty: Momentus Inc.
Value: approximately $11.5 million
Effective: 2025-12-03

Exact text from the filing

On December 3, 2025, QuantumScape Battery, Inc. (the “Company”), a wholly owned subsidiary of QuantumScape Corporation, entered into a Sublease Agreement (the “Sublease”) with Momentus Inc. (“Sublessee”) for the entire building located at 1762 Automation Parkway, San Jose, California, consisting of approximately 61,100 rentable square feet (the “Premises”).

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QuantumScape Corp filing history →

Source: SEC EDGAR

accession 0001193125-25-311360

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