Press Release 8-K Headline It’s Happening!!!! This deal is monumental for Quantumscape. One, the advanced royalty payment of $130 million dollars likely extends QS’s runway through the end of 2026. Two, the GWh scale up effort becomes collaborative where PowerCo is footing the bill. Three, it seems that the path to GWh scale is tangible and achievable. And four, and most importantly, this marks a huge risk-off event where VW is showing enough confidence in what they’ve seen from the prototypes delivered to take the next steps.
QS: PowerCo Licensing Agreement
QS: PowerCo Licensing Agreement
QS: PowerCo Licensing Agreement
Press Release 8-K Headline It’s Happening!!!! This deal is monumental for Quantumscape. One, the advanced royalty payment of $130 million dollars likely extends QS’s runway through the end of 2026. Two, the GWh scale up effort becomes collaborative where PowerCo is footing the bill. Three, it seems that the path to GWh scale is tangible and achievable. And four, and most importantly, this marks a huge risk-off event where VW is showing enough confidence in what they’ve seen from the prototypes delivered to take the next steps.