QuantumScape, a Bill Gates-backed startup working on solid-state lithium metal batteries for electric vehicles, recently hiked the salary of its CEO, Jagdeep Singh, offering him a multi-billion dollar pay package.
Similarly Does QuantumScape recover? As the company progresses further on its plans, its stock price should recover. The stock is trading 72% below its high price this year, offering an attractive entry point for long-term investors. Notably, QuantumScape stock entails significant risks and is suitable only for investors with a high appetite for risk.
How much of QuantumScape does VW own? Volkswagen and QuantumScape have been working together since 2012; prior to a 100-million dollar investment in 2018, VW already held five per cent of QuantumScape.
Additionally, Who is behind QuantumScape?
QuantumScape
| Type | Public company |
|---|---|
| Founders | Jagdeep Singh Tim Holme Fritz Prinz |
| Headquarters | San Jose, California, U.S. |
| Key people | Jagdeep Singh (CEO) |
| Number of employees | 400 (2021) |
Is QuantumScape technology real?
QuantumScape is on a mission to transform energy storage. Our solid-state lithium-metal battery technology is designed to deliver efficient, reliable, safe and cost-effective energy storage to support the transition away from legacy energy sources toward a lower carbon future.
Why is QuantumScape so low? QuantumScape has been quiet since mid-November, when its testing data came ahead of schedule and revealed its 10-year battery cell could run at least 800 cycles at « better than one-hour charge rates. » Any movement in QuantumScape stock price since, therefore, has purely been a reflection of market sentiment and had …
Who owns QuantumScape corporation? QuantumScape
| Type | Public company |
|---|---|
| Founders | Jagdeep Singh Tim Holme Fritz Prinz |
| Headquarters | San Jose, California, U.S. |
| Key people | Jagdeep Singh (CEO) |
| Number of employees | 400 (2021) |
Who are the major investors in QuantumScape? Top 10 Owners of Quantumscape Corp
| Stockholder | Stake | Total value ($) |
|---|---|---|
| The Vanguard Group, Inc. | 5.12% | 341,986,141 |
| BlackRock Fund Advisors | 2.47% | 164,908,185 |
| Global X Management Co. LLC | 1.36% | 90,634,020 |
| SSgA Funds Management, Inc. | 0.90% | 60,122,144 |
What battery company did Bill Gates invest in?
Bill Gates-backed ESS — which makes giant batteries out of iron, salt and water — starts trading. The battery company ESS went public through a SPAC with Acon S2 Investment Corp. and starts trading on the New York Stock Exchange on Monday under the ticker symbol GWH.
Who invested in QuantumScape? QuantumScape investors
| Date | Investors |
|---|---|
| Jun 2020 | Capricorn Investment Group Qatar Investment Authority TriplePoint Capital SAIC Motor Continental Breakthrough Energy Ventures Volkswagen Group |
| Nov 2020 | Kensington Capital Acquisition Corp |
| Nov 2020 | Fidelity |
| Apr 2021 | Volkswagen Group |
What battery company is Bill Gates investing in?
ESS’ iron flow battery design offers ‘a low cost, scalable technology that possesses unique operating characteristics vs. Li-ion,’ Cowen said. Cowen has initiated coverage of ESS (GWH), the iron-flow battery company backed by Bill Gates, with an outperform rating and a $23.50 price target.
Who are the biggest investors in QuantumScape? Top 10 Owners of Quantumscape Corp
| Stockholder | Stake | Shares owned |
|---|---|---|
| The Vanguard Group, Inc. | 5.12% | 17,107,861 |
| BlackRock Fund Advisors | 2.47% | 8,249,534 |
| Global X Management Co. LLC | 1.36% | 4,533,968 |
| SSgA Funds Management, Inc. | 0.90% | 3,007,611 |
Who invested in QuantumScape?
QuantumScape is backed by Volkswagen, which has also invested $200 million in the battery company so far. In 2021, QuantumScape collaborated with another automaker who is among the top ten by revenue globally.
Does QuantumScape have any revenue?
QuantumScape (ticker: QS) made money—a surprise for a company with no sales. But investors should remember, results just don’t matter. QuantumScape is a pre-sales technology startup, and technical progress is the name of the game.
How much cash is QuantumScape? QuantumScape cash on hand for the quarter ending September 30, 2021 was $1.544B , a 153811.07% increase year-over-year. QuantumScape cash on hand for 2020 was $0.998B, a 667.81% increase from 2019.
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Compare QS With Other Stocks.
| QuantumScape Annual Cash on Hand (Millions of US $) | |
|---|---|
| 2020 | $998 |
| 2019 | $130 |
Can I invest in QuantumScape? Invest in QuantumScape on Stash
, you can buy QuantumScape stock in any dollar amount, or any other fund or stock you know on Stash.
Who is in the vanguard group?
Vanguard offers two classes of most of its funds: investor shares and admiral shares.
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The Vanguard Group.
| Type | Private |
|---|---|
| Key people | Mortimer J. Buckley (Chairman & CEO) |
| Products | Mutual funds Exchange-traded funds Broker Asset management Sub-advisory services |
| Revenue | $6.936 billion (2020) |
| AUM | $8.1 trillion (2022) |
How many shares of QuantumScape are there? Share Statistics
| Avg Vol (3 month) 3 | 8.32M |
|---|---|
| Shares Outstanding 5 | 334.79M |
| Implied Shares Outstanding 6 | N/A |
| Float 8 | 259.18M |
| % Held by Insiders 1 | 28.93% |
What battery company is Jeff Bezos investing in?
Our Next Energy Inc., said Monday, Oct. 18, that it raised the money in a series A round that closed Oct. 1. Leading the round is Breakthrough Energy Ventures, the climate-minded venture capital fund started by Bill Gates and supported by the likes of Jeff Bezos and Richard Branson.
Is the forever battery A hoax? It’s legitimate. It’s happening. And over the next few years, this emerging technology is going to forever change the EV industry — and, indeed, forever change the entire electronics world. Some of the stock market’s biggest winners in the 2020s will be solid-state battery makers.
Who does QuantumScape make batteries for?
QuantumScape was founded in 2010. Since 2012, the company has been working with Volkswagen, which has invested $300 million in the project as QuantumScape meets key performance metrics for solid state batteries.
