Cash RunwayThe shift to a licensing model with the new VW PowerCo deal is expected to extend QuantumScape's cash runway into 2028.
CommercializationThe PowerCo deal provides a pathway to commercialization, royalty payments, proof of technology progress, and potential for additional licensing agreements.
Licensing AgreementQuantumScape announced a licensing deal with PowerCo (a VW subsidiary) where PowerCo plans to manufacture cells, including the solid-state separator.