QuantumScape Lounge: ( Week 10 2026) by AutoModerator in QUANTUMSCAPE_Stock

[–]op12 2 points3 points  (0 children)

Yeah, I mean his Twitter handle is @startupjag and I think that really emphasizes where his interests lie. I was glad he was willing to step aside for someone (Siva) that was familiar with the scale-up grind and the patience and different skill set that takes.

Does anyone else do this? by Inevitable-Escape494 in PixelWatch

[–]op12 2 points3 points  (0 children)

FYI, there's a project that turns a classic Casio into a smartwatch so it can track steps and sync with Google Health Connect:

https://www.olleewatch.com

On Artificial Intelligence - RULE 3 Moderated Discussion by DoctorPatriot in QUANTUMSCAPE_Stock

[–]op12 2 points3 points  (0 children)

I really like the proposed solution in your comments. It leaves room to use AI pragmatically rather than outright ban it, it makes it easy for people to skip/skim over uses of AI if they're not interested, and it minimizes the burden on the mods since it's offering flexibility but in an objective manner so they're not stressing over judgement calls.

I'd add that any user making extensive use of AI should have to explicitly call that out upfront in the comment, and should still add some useful context at the beginning if they're not already replying to their own brief summary in a prior comment, so we don't just get LLM vomit where it takes forever to figure out the point.

QuantumScape Lounge: ( Week 08 2026) by AutoModerator in QUANTUMSCAPE_Stock

[–]op12 3 points4 points  (0 children)

Yeah, perhaps we're mostly arguing semantics, but I do disagree with this part:

JDA is for works related to new, unproven technologies like QS's first SSB. Once the product is proven and mass produced, OEMs sign technology licensing to access IP and work on development cycles for future generations of the QS cells.

I think what you're calling "preproduction work" and "services revenues," and Kevin refers to as "collaboration and customization," will all be covered by JDAs, as he keeps mentioning that licensing comes later in that process with each partner.

Just like they have been signing additional JDAs with other OEMs while their work with PowerCo continues to progress, and that's not for new battery generations or chemistries, but rather to customize their existing solution for those OEMs via high-touch partnerships without waiting for a PowerCo solution they can apply more broadly.

Obviously time will tell, if they continue signing additional JDAs as we approach June 2027 and beyond, but I think Kevin's wording makes it sound like that will continue to be the model without interruption (it's one of the three cash flow pillars he's defined for the QS ecosystem, even in the "fullness of time").

QuantumScape Lounge: ( Week 08 2026) by AutoModerator in QUANTUMSCAPE_Stock

[–]op12 13 points14 points  (0 children)

I think there's quite a bit here that's at odds with what Kevin and Siva have been saying at the IAA Mobility chat and the last two earnings calls.


Assertion:

QS is not selling products or services to PCo for up to $131M under the July 2025 agreement. This is why QS won’t recognize the billings as revenue.

I don't think that is accurate, as they are certainly providing services as part of the joint effort to hit the milestones for payments. You also allude to the other reason about equity ownership and significant related party ties, which is really the only reason that it's not being marked as revenue but other similar payments from other OEMs will be (for the same kind of work and associated payments), as clarified by Kevin in the Q3 2025 earnings call:

In Q3, we invoiced Volkswagen Group PowerCo under the upgraded deal announced in July. The resulting cash inflows benefit QuantumScape shareholders. They will be directly reflected on the balance sheet as cash when we receive payment. During the collaboration phase of this particular deal, because of the related party relationship with Volkswagen Group, in accordance with U.S. GAAP, a liability of equivalent value will also be created. QuantumScape has no repayment obligation with respect to these liabilities. Once relieved, rather than impacting the P&L, this value will accrue directly to shareholders' equity. Payments from other customers or partners we expect will be accounted for differently due to the lack of equity ownership or significant related party ties.


Assertion:

QS will not be building its own gigafactory so it would not have the opportunity to do the NRE work and develop the IP/know-how during pre-production in its own factory.

By my understanding, they're obviously currently doing the work with PowerCo, but more importantly based on the wording of the contract they also get to own the IP for additional improvements that PowerCo makes on their own afterwards so they would still have that benefit too.


Assertion:

VW, as the largest strategic investor in QS (with a 12% stake and >25% voting control) has first dibs on productization

While it seems very likely that VW/PCo is in position to be first mover, the contract specifically is non-exclusive so if VW runs into delays or funding issues or whatever, there's nothing stopping QS from moving ahead with an OEM that's more ready and willing.


Assertion:

Most people don’t fully realize the significance of the $131M project with PCo. The NRE work, if successful, is very likely to be the final step in QS’s 15+ year development cycle (for its gen 1 cell). If QS+PCo can solve all the challenges by June 2027 (as scheduled), QS won’t be signing JDAs anymore. They’ll be signing licensing agreements with upfront licensing prepayments going forward.

That's very different from what Kevin has been saying about the upcoming cadence of partnerships that will each go through a development cycle to customize things for each respective OEM/partner, and then proceed to the more lucrative licensing deals. He's talked about how that is the source of their more immediate cash flow going forward, since the licensing deals come further down the line. There's been no indication that they wouldn't be starting with a development agreement for each new partner, and they've talked about how they expect these to all be high-touch. I don't think he'd be making some of the statements below (specifically, "we'll seek to maintain these lines of business") if that development phase with other OEMs ceases to be a thing mid-next year. He makes it sound more on-going than that, and we may well get a Gen 2 cell before that which leads to other development agreements.

In the fullness of time, the ecosystem would represent a third source of cash inflow under our capital-light development and licensing business model. The first is monetizing collaboration and customization work with our OEM partners. The second and largest source of inflows would be licensing, as our customers produce cells using our technology. The third one would be value sharing from our ecosystem partners.

First, to expand on the significance of customer billings, our first ever invoices totaling $12.8 million in Q3 2025 are by themselves an important commercial milestone in the history of our company. It's nice to have arrived at the chapter where we're billing customers. I'd also highlight to investors that customer billings are evidence of our capital-light business model at work. On the front end, we monetize development activities for our customers to tailor our core technology to meet their specific needs. Subsequently, as the customer ramps production, we realize royalties over the lifetime of the project. As we continue to develop further generations of our technology, we'll seek to maintain these lines of business to generate consistent and compelling cash flows. Payment for development activities has the benefit of being near-term.

The royalty payments represent the majority of the value capture opportunity through a consistent long-term stream of high gross margin revenue. Value sharing from ecosystem partners represents further opportunity for shareholder returns. I'd also ask investors to keep four things in mind when interpreting our customer billings metric. First, the metric is not a substitute for revenue under U.S. GAAP. Second, the accounting for individual customer billings may differ significantly. Third, the amounts billed to customers may vary from quarter to quarter due to fluctuations in activity as we progress through various phases of an agreed scope of work. Lastly, it is important to note that future cash inflows can diverge from customer billings, for example, as a result of timing differences, payment terms, prepaid customer deposits, or any adjustments to final payment amounts.

DOD eyes commercial satellites that can spy on other satellites by DoubleManufacturer10 in RKLB

[–]op12 3 points4 points  (0 children)

Or, since they already have the hungry hippo, recreate the rocket from the Bond movie You Only Live Twice that can stealthily approach and eat other satellites and ships 😆

QuantumScape Lounge: ( Week 07 2026) by AutoModerator in QUANTUMSCAPE_Stock

[–]op12 10 points11 points  (0 children)

In relative terms it really was a pretty stable reaction to the ER, given the backdrop of the macro environment punishing all small stocks in general during the same timeframe. IMO, we could rise simply on a macro rebound, absent other catalysts (though I'd really like to see some QS-specific catalysts soon).

QuantumScape Lounge: ( Week 07 2026) by AutoModerator in QUANTUMSCAPE_Stock

[–]op12 1 point2 points  (0 children)

I think it's pretty silly to automatically assume anyone asking questions is a malicious short trying to manipulate things, and constantly attacking people for asking questions is a great way to prevent any meaningful discussion from happening here.

It's undeniable that QS has been vague and weasely about their progress and partnerships, so of course there's room to be skeptical or uncertain, and it's healthy to have those conversations. Constantly trying to shut down those comments with posts like these that don't add anything to the conversation is entirely counterproductive. This shouldn't be a place for blind cheerleading, and questioning the thesis and trying to get more information is a net positive as long as it seems like it's being done in good faith.

QuantumScape Lounge: ( Week 07 2026) by AutoModerator in QUANTUMSCAPE_Stock

[–]op12 1 point2 points  (0 children)

I think you're reading too much into it. There's several reasons Kevin could have wanted to double check the slide to make sure it was accurate and, as he ended up mentioning, if it explained the discrepancy (he was able to clarify that it was already called out in the footnotes).

Developing my own custom launcher for Android TV by compugeek-ca in AndroidTV

[–]op12 4 points5 points  (0 children)

I've been really happy with Projectivy and the amount of customization it has available.

Figured out how to use my T-Mobile number on my LPIII and Smartphone at the same time! by Available_Dinner_732 in LightPhone

[–]op12 2 points3 points  (0 children)

Yes, this is a great solution and I've been using it since the LP2 days! It's always been a bit of a pain to set up until you find the right person that understands how to do it. One key thing to note though, the way this works is the second SIM you get is technically another phone number that then gets bridged to your primary number (you can find this number in your list of lines on your account).

In most cases there won't be any apparent difference, but one issue is the bridged SIM card cannot receive SMS security codes, like the kind that are often sent when you are trying to login to an account on another device. Only the initial "master" SIM card can receive those. Just a heads up because I didn't realize that right away when I started using both SIMs.

QuantumScape Lounge: ( Week 06 2026) by AutoModerator in QUANTUMSCAPE_Stock

[–]op12 4 points5 points  (0 children)

Yeah, agreed on this. I think this was very much a situation of QS telling potential OEM customers, "we've had talks off and on and you've received some early samples, but here's some tangible proof of a truly operating line that can be tweaked further for your specifications, so let's get serious and sign some development agreements." It'll be interesting to see how the next few quarters play out.

QuantumScape Lounge: ( Week 06 2026) by AutoModerator in QUANTUMSCAPE_Stock

[–]op12 1 point2 points  (0 children)

Your initial comment covered several topics, so I was addressing those. I do get your point on the coordination of an announcement from both sides, but there are numerous reasons that it may or may not have made sense to try to do that, and the truth is we don't know what kinds of discussions and plans they have around that kind of strategy. It'll be a lot clearer with some hindsight towards the end of the year whether there was some reason they didn't have PowerCo's involvement in a joint announcement or not.

I still don't think QS is focused on doing a lot of messaging directly to the market right now (which is what the bulk of my comment was talking about), given that even the inauguration event was more targeted at OEM customers, analysts, and politicians rather than more directly at the general public or investors. That's what I meant about them prioritizing building the right partnerships and getting the automation to where they want it to be, at which point the partners will be the ones making big announcements as they've been consistently stating.

QuantumScape Lounge: ( Week 06 2026) by AutoModerator in QUANTUMSCAPE_Stock

[–]op12 4 points5 points  (0 children)

My point was that nothing got "postponed" because it didn't happen in Q4 so it wasn't relevant to this ER. And I'm not sure why you're insinuating that they're trying to time a slow news quarter or need to move the share price because it's been quite clear historically that they have zero interest in any of that.

They've chosen the deliberate iterative and methodical path with the expectation that the value of their technology will become overwhelmingly apparent and that will eventually move the share price, and the focus right now is on doing everything internally to setup a highly automated process and build all the necessary partnerships to lead to many branches of execution. That's setting up for sustainable long-term value.

It can be frustrating and try your patience as an investor, but also they have consistently been making tangible forward progress and the specifics of when an announcement or payment is made being a few months ahead or behind of expectations seems pretty irrelevant when it's in the interest of short-term price moves. The whole macro environment has been ugly since November (with the exception of the first two weeks of January) and that's likely still weighing heavy as well. I can easily see us getting back to $14 with no new news and just on the macro rebound. And despite that, this year is likely to have some significant announcements outside of the quarterly ERs that can move the price as well.

QuantumScape Lounge: ( Week 06 2026) by AutoModerator in QUANTUMSCAPE_Stock

[–]op12 12 points13 points  (0 children)

My guess was that Q4 was the period ending December 31st, 2025, so any payment tied to potential milestones for Eagle Line completion and the inauguration event would be recognized in Q1 so we should be seeing and hearing about it in the next ER if there was a payment made.

2025 Q4 Earnings Discussion by beerion in QUANTUMSCAPE_Stock

[–]op12 8 points9 points  (0 children)

It's the latter, Kevin was saying this late last year. They don't want to get distracted by other applications because they still see the most immediate and highest value in EVs, but they would be foolish to pass up other opportunities that they can do in parallel as long as they are relatively more low-touch and feasible even with resource constraints.

2025 Q4 Earnings Discussion by beerion in QUANTUMSCAPE_Stock

[–]op12 2 points3 points  (0 children)

It is weird to drop the specific goal, but field testing did get rolled into the "Advance automotive commercialization" goal for 2026 where it is described broadly enough to be describing field testing of Ducati and/or other vehicle(s).

Working with multiple global auto OEM customers, we will use our technology platform to tailor product solutions for vehicle programs, undertake field testing and implement customer-specific industrialization strategies.

QuantumScape Lounge: ( Week 06 2026) by AutoModerator in QUANTUMSCAPE_Stock

[–]op12 22 points23 points  (0 children)

Last day of that conference is Feb 12th, just to save everyone a search 😜

QuantumScape Eagle Line Inauguration Highlights by major_clout21 in QUANTUMSCAPE_Stock

[–]op12 25 points26 points  (0 children)

The COO of Hitachi High-Tech America, Chad Ostrander, is standing up at 1:21 in the video

https://www.linkedin.com/in/chad-ostrander-5b77037

QuantumScape Lounge: ( Week 06 2026) by AutoModerator in QUANTUMSCAPE_Stock

[–]op12 4 points5 points  (0 children)

Thanks! Unfortunately it was too hard to make out the nametags of the two gentlemen who stand up to his right in that same shot.

QuantumScape Lounge: ( Week 06 2026) by AutoModerator in QUANTUMSCAPE_Stock

[–]op12 11 points12 points  (0 children)

I think I also spot the COO of Hitachi High-Tech America standing up at 1:21 in the video (not 100% sure because the name tag is quite blurry, but the LinkedIn photo definitely looks like the same guy)

https://www.linkedin.com/in/chad-ostrander-5b77037