Luca Fasoli
QuantumScape Corporation (the “Company”) announced today that Dr. Luca Fasoli is joining QuantumScape Battery, Inc., a wholly-owned subsidiary of the Company, as its Chief Operating Officer, effective May 7, 2025.
Highest-materiality recent filing
GAAP net loss $98.2M ($0.16/share); adjusted EBITDA loss $64.2M, in line with guidance.
QuantumScape amends PowerCo collaboration; $75.4M milestone-based payments
Amendment replaces prior SOW-1 with SOW-2; milestones focus on automotive cell development and larger format cells.
QuantumScape Q1 net loss $100.8M; Eagle Line operational, customer billings $11M
GAAP net loss $100.8M ($0.16/shr) vs $114.4M YoY; adjusted EBITDA loss $63.2M.
Net loss Q4 $100.1M ($0.17/share), FY25 $435.1M ($0.76/share); Adjusted EBITDA loss FY25 $252.3M, in guidance, 10% YoY improvement.
QuantumScape Q3 net loss narrows to $105.8M; reports first customer billings of $12.8M
Net loss $105.8M ($0.18/shr) vs $119.7M ($0.23/shr) YoY; adjusted EBITDA loss $61.4M.
QuantumScape expands PowerCo deal: up to $130.7M funding, license cap raised to 85 GWh
PowerCo will contribute up to $130.7M over two years for joint QSE-5 scale-up team, subject to milestones.
QuantumScape Q2: expands PowerCo deal $131M, new JDA, cash runway to 2029
Expanded PowerCo collaboration: up to $131M additional payments over two years; first milestones (>$10M) achieved.
QuantumScape appoints Luca Fasoli as COO; base $513k, equity ~1.3M RSUs
Dr. Fasoli joins QuantumScape Battery subsidiary as COO, reporting to CEO Siva Sivaram, effective May 7, 2025.
QS Q1 net loss $114.4M; Cobra separator baseline in Q2 ahead of schedule
Q1 net loss $114.4M ($0.21/share), vs $120.6M loss year ago; Adj. EBITDA -$64.6M.
QuantumScape reports Q4 net loss $114.7M, FY2024 net loss $477.9M; cash runway into H2 2028
Q4 2024 GAAP net loss $114.7M ($0.22/share); GAAP operating expenses $128.7M.
QuantumScape ships first QSE-5 B-samples; Q3 net loss $119.7M, cash runway to 2028
Began producing and shipping QSE-5 B-samples with >800 Wh/L energy density and <15 min fast charge.
QuantumScape reaches licensing deal with PowerCo; cash runway extends into 2028
Non-exclusive licensing deal with PowerCo (Volkswagen) includes $130M prepayment of royalties; initial 40 GWh/yr with option to 80 GWh.
QS and PowerCo (Volkswagen subsidiary) entered a Collaboration Agreement to industrialize QSE-5 solid-state battery technology.
QS Q1 net loss $120.6M; Alpha-2 prototypes shipped to customers
Q1 net loss $120.6M (vs $104.6M Q1 '23); Adjusted EBITDA loss $76.2M.
QuantumScape Q4 net loss $113M; appoints Siva Sivaram CEO; cash runway to H2 2026
Net loss of $113.4M in Q4 2023, $445.1M for FY2023; operating expenses $124.6M and $479.0M respectively.
QuantumScape appoints Siva Sivaram as CEO; Jagdeep Singh remains Chairman
Dr. Siva Sivaram becomes CEO effective Feb 15, 2024; joined as President in Sept 2023.
QuantumScape Q3 net loss $110.6M; top A0 cell achieves >1,000 cycles with >95% retention
GAAP net loss of $110.6M ($0.23/diluted share) vs. $117.7M loss a year ago; cash operating expenses $63.5M.
QuantumScape prices 37.5M share offering at $8.00/sh, expects ~$288.7M net proceeds
Offering of 37,500,000 shares at $8.00 per share; closed on August 8, 2023.
QuantumScape Q2 net loss $116.5M; ships high-loading cathodes, Raptor installed
Q2 GAAP net loss $116.5M ($0.26/sh); adjusted EBITDA -$63.5M; cash & mkt securities >$900M.
QuantumScape Q1 net loss $104.6M; technical progress on high-loading cathodes and customer testing
Net loss $104.6M ($0.24/share) vs $90.4M ($0.21) in Q1 2022; operating expenses $110M.
QuantumScape launches $400M at-the-market equity offering program
Entered Distribution Agreements with J.P. Morgan, Cowen, Deutsche Bank, and UBS for ATM offering.
QuantumScape reports Q4 loss of $109M; ships 24-layer A0 prototypes, extends cash runway to H2 2025
Net loss attributable to common stockholders of $109M in Q4 2022 and $412M for FY2022; no revenue reported.
Filed Section 205 petition on Feb 9; court granted expedited hearing for Feb 27, 2023.
QuantumScape files Section 205 petition to validate charter amendments and stock issuances
Filed petition in Delaware Court of Chancery to validate Charter Amendments approved in Nov 2020 that increased authorized shares and opted out of DGCL Section 242(b)(2) separate class vote.
QuantumScape Q3 net loss $117.7M; advances A-sample campaign, consumer cell shipments
Net loss attributable to common stockholders of $117.7M in Q3 (vs $15.4M gain in prior year, largely from warrant revaluation).
Net loss $94.8M ($0.22/sh) vs net income $81M in Q2 2021; no revenue.
QuantumScape Q1 net loss $90.4M (+20% YoY); 16-layer cells cycle >500 times; separator starts triple
Net loss of $90.4M ($0.21/share) vs $75.1M in Q1 2021; no revenue (pre-revenue).
QuantumScape Corporation (the “Company”) announced today that Dr. Luca Fasoli is joining QuantumScape Battery, Inc., a wholly-owned subsidiary of the Company, as its Chief Operating Officer, effective May 7, 2025.
Mr. Segers was also appointed to serve as the Chairman of the Board, effective January 1, 2025, filling the vacancy created following Jagdeep Singh’s retirement from this role.
Dr. Mendl was appointed to the Board upon designation by Volkswagen Group of America Investments, LLC pursuant to the amended and restated letter agreement entered into with the Company on July 5, 2024, occupying one of the two Board seats designated to representatives of the Volkswagen Group and succeeding Frank Blome who resigned from the Board in July 2024.
Mr. Segers was also appointed to serve as the Chairman of the Board, effective January 1, 2025, filling the vacancy created following Jagdeep Singh’s retirement from this role.
Mr. Blome resigned from the Board on July 5, 2024.
the Board accepted Jagdeep Singh’s request to transition from his role as CEO effective February 15, 2024, and also confirmed that Mr. Singh will be continuing in his capacity as Chairman of the Board.
appointed Dr. Siva Sivaram, as the Company`s Chief Executive Officer (“ CEO ”) and as a member of the Board, effective February 15, 2024.
appointed Dr. Siva Sivaram, as the Company`s Chief Executive Officer (“ CEO ”) and as a member of the Board, effective February 15, 2024.
Dr. Siva Sivaram accepted an employment offer by QuantumScape Battery, Inc., a wholly-owned subsidiary of QuantumScape Corporation (the “Company”), where he will assume the title of President, reporting to Jagdeep Singh, the Company’s Co-Founder and Chief Executive Officer, effective September 11, 2023.
On June 6, 2022, the Company and Celina Mikolajczak entered into a Separation Agreement and Release (the “Separation Agreement”), pursuant to which the parties agreed to a mutual separation that will transition Ms. Mikolajczak from her full-time role as the Company’s Chief Manufacturing Officer to an advisory role on the Company’s Scientific Advisory Board.
On April 17, 2022, Justin Mirro resigned from the board of directors of QuantumScape Corporation and all committees thereof.
announcing the appointment of Ms. Huppertz, Jeneanne Hanley, and Gena Lovett to the Board
Max materiality 0.85 · Median 0.60 · Most common event earnings