QuantumScape Files 2024 10-K, Details Battery Tech Progress
Ticker: QS · Form: 10-K · Filed: Feb 26, 2025 · CIK: 1811414
| Field | Detail |
|---|---|
| Company | Quantumscape Corp (QS) |
| Form Type | 10-K |
| Filed Date | Feb 26, 2025 |
| Risk Level | high |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-K, battery-technology, automotive
TL;DR
QS 2024 10-K is in. Still burning cash on battery tech, but progress is key.
AI Summary
QuantumScape Corp. filed its 2024 10-K on February 26, 2025, reporting on its fiscal year ending December 31, 2024. The company, formerly Kensington Capital Acquisition Corp., is focused on developing advanced battery technology. The filing details its business operations, financial condition, and risk factors, including its ongoing research and development efforts in solid-state battery technology.
Why It Matters
This filing provides investors and the public with a comprehensive overview of QuantumScape's financial health and strategic direction as it works to commercialize its next-generation solid-state batteries.
Risk Assessment
Risk Level: high — The company is in a high-risk, high-reward phase of developing a novel technology with significant capital requirements and market uncertainty.
Key Numbers
- 102 — Public Document Count (Indicates the comprehensive nature of the filing.)
- 3690 — SIC Code (Identifies the company's industry as Miscellaneous Electrical Machinery, Equipment & Supplies.)
Key Players & Entities
- QuantumScape Corp. (company) — Filer of the 10-K
- Kensington Capital Acquisition Corp. (company) — Former name of QuantumScape Corp.
- 2024-12-31 (date) — Fiscal year end
- 2025-02-26 (date) — Filing date
- 1730 TECHNOLOGY DRIVE, SAN JOSE, CA 95110 (address) — Company business and mailing address
FAQ
What is QuantumScape's primary business focus as detailed in the 10-K?
QuantumScape's primary focus is the development and commercialization of solid-state battery technology.
When did QuantumScape change its name from Kensington Capital Acquisition Corp.?
The company changed its name on May 5, 2020.
What is the company's business address?
The company's business address is 1730 Technology Drive, San Jose, CA 95110.
What is the SIC code for QuantumScape Corp.?
The SIC code for QuantumScape Corp. is 3690, which falls under Miscellaneous Electrical Machinery, Equipment & Supplies.
What is the fiscal year end reported in this 10-K filing?
The fiscal year end reported in this 10-K filing is December 31, 2024.
Filing Details
This Form 10-K (Form 10-K) was filed with the SEC on February 26, 2025 regarding QuantumScape Corp (QS).