[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  LongYield [@LongYield](/creator/twitter/LongYield) on x 4478 followers Created: 2025-07-23 22:59:06 UTC $QS QuantumScape Corporation Earnings Call Key Highlights: 🤝 Expanded PowerCo Collaboration Enhances Commercialization Path QuantumScape announced an upgraded collaboration and licensing agreement with Volkswagen Group’s PowerCo, including up to $XXX million in new payments over two years for joint development work. These payments are in addition to the previously disclosed $XXX million licensing prepayment contingent on technical milestones and final license execution. The expansion enables PowerCo to produce an additional X GWh of QS cells annually—raising the total potential licensed capacity to XX GWh, including non-VW customers. PowerCo also secured rights to license certain advanced QuantumScape technologies beyond the QSE-5 platform, indicating long-term commitment and platform confidence. 🚗 New Joint Development Agreement (JDA) with Global OEM QuantumScape signed a JDA with another major global automotive OEM, evolving an existing sampling relationship into a structured development partnership. The JDA focuses on adapting the QSE-5 platform to the specific product requirements of the OEM, with an eye toward eventual licensing and commercialization, mirroring the PowerCo model. The partnership reflects increased market traction and validates QuantumScape’s high-touch, customer-specific technology transfer model. While remaining selective due to resource and IP protection considerations, QuantumScape is engaged in multiple customer interactions with a similar commercialization roadmap. 🔬 Successful Implementation of Cobra Separator Process QuantumScape’s next-generation ceramic separator process, Cobra, has replaced the older Raptor system as the baseline production method. Cobra improves ceramic heat treatment efficiency by over 200x compared to 2023 levels, making it critical to gigawatt-hour scale production readiness. This step-change enabled QSE-5 B1 sample production preparation and supports higher throughput needed for customer demo and validation programs. Management views Cobra as a transformative advancement in ceramic processing with significant future improvement potential. 🧪 QSE-5 Pilot Shipments and Field Testing Progress In Q2, the company shipped the final batch of Raptor-based QSE-5 B0 cells for safety and pack integration testing to its launch customer. Future shipments will utilize Cobra-based B1 samples, enabling expanded testing for real-world vehicle applications. The pilot project, structured as low-volume but high-visibility, targets 2026 for initial field testing. This work aims to validate QSE-5 under customer-defined safety and performance scenarios and guide further platform refinement. 💰 Cash Inflows Extend Liquidity Through 2029 QuantumScape ended Q2 with $XXXXX million in liquidity and expects over $XX million in development payments from PowerCo in Q3 alone. The $XXX million PowerCo amendment meaningfully contributes to near-term liquidity, with further inflows dependent on approved work scopes. Cash runway now extends into 2029—six months longer than prior guidance—and may be extended further with capital markets activity or additional customer deals. Most CapEx and OpEx under the PowerCo scope were already included in long-term planning, making new inflows financially accretive.  XXX engagements  **Related Topics** [$vowde](/topic/$vowde) [volkswagen](/topic/volkswagen) [quarterly earnings](/topic/quarterly-earnings) [$qs](/topic/$qs) [Post Link](https://x.com/LongYield/status/1948155944300372178)
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LongYield @LongYield on x 4478 followers
Created: 2025-07-23 22:59:06 UTC
$QS QuantumScape Corporation Earnings Call Key Highlights:
🤝 Expanded PowerCo Collaboration Enhances Commercialization Path
QuantumScape announced an upgraded collaboration and licensing agreement with Volkswagen Group’s PowerCo, including up to $XXX million in new payments over two years for joint development work.
These payments are in addition to the previously disclosed $XXX million licensing prepayment contingent on technical milestones and final license execution.
The expansion enables PowerCo to produce an additional X GWh of QS cells annually—raising the total potential licensed capacity to XX GWh, including non-VW customers.
PowerCo also secured rights to license certain advanced QuantumScape technologies beyond the QSE-5 platform, indicating long-term commitment and platform confidence.
đźš— New Joint Development Agreement (JDA) with Global OEM
QuantumScape signed a JDA with another major global automotive OEM, evolving an existing sampling relationship into a structured development partnership.
The JDA focuses on adapting the QSE-5 platform to the specific product requirements of the OEM, with an eye toward eventual licensing and commercialization, mirroring the PowerCo model.
The partnership reflects increased market traction and validates QuantumScape’s high-touch, customer-specific technology transfer model.
While remaining selective due to resource and IP protection considerations, QuantumScape is engaged in multiple customer interactions with a similar commercialization roadmap.
🔬 Successful Implementation of Cobra Separator Process
QuantumScape’s next-generation ceramic separator process, Cobra, has replaced the older Raptor system as the baseline production method.
Cobra improves ceramic heat treatment efficiency by over 200x compared to 2023 levels, making it critical to gigawatt-hour scale production readiness.
This step-change enabled QSE-5 B1 sample production preparation and supports higher throughput needed for customer demo and validation programs.
Management views Cobra as a transformative advancement in ceramic processing with significant future improvement potential.
🧪 QSE-5 Pilot Shipments and Field Testing Progress
In Q2, the company shipped the final batch of Raptor-based QSE-5 B0 cells for safety and pack integration testing to its launch customer.
Future shipments will utilize Cobra-based B1 samples, enabling expanded testing for real-world vehicle applications.
The pilot project, structured as low-volume but high-visibility, targets 2026 for initial field testing.
This work aims to validate QSE-5 under customer-defined safety and performance scenarios and guide further platform refinement.
đź’° Cash Inflows Extend Liquidity Through 2029
QuantumScape ended Q2 with $XXXXX million in liquidity and expects over $XX million in development payments from PowerCo in Q3 alone.
The $XXX million PowerCo amendment meaningfully contributes to near-term liquidity, with further inflows dependent on approved work scopes.
Cash runway now extends into 2029—six months longer than prior guidance—and may be extended further with capital markets activity or additional customer deals.
Most CapEx and OpEx under the PowerCo scope were already included in long-term planning, making new inflows financially accretive.
XXX engagements
Related Topics $vowde volkswagen quarterly earnings $qs