July 12, 2014 3:59 PM ET

Electrical Equipment

Company Overview of QuantumScape Corporation

Company Overview

QuantumScape Corporation operates as a start up company that intends to manufacture lithium batteries. The company focuses on fundamental disruption in the energy storage sector. The company was incorporated in 2010 and is based in San Jose, California.

3087 North First Street

San Jose, CA 95134

United States

Founded in 2010

Phone:

408-452-2000

Fax:

408-435-1888

Key Executives for QuantumScape Corporation

Co-Founder and Chief Executive Officer
Compensation as of Fiscal Year 2014.

QuantumScape Corporation Key Developments

QuantumScape Expands its Operations in San Jose

QuantumScape is expanding its operations in San Jose near the city's airport with a large new lease at a building where it could potentially employ 350 or more people. The company has leased 87,000 square feet at 1730 Technology Drive. Cupertino-based Sobrato Organization, a legendary Silicon Valley realty developer, owns the building. The lease was arranged through Sobrato and Colliers International, a commercial realty firm. The leased space is far larger than the space QuantumScape now occupies at 3087 N. First St. According to a March 2011 posting at the Colliers International website, the company's existing space totals 17,000 square feet. The company could employ 350 to 450 people at the new location, while its current one can accommodate only 70 to 85 workers. Much of the tech company expansion has occurred in Palo Alto, Menlo Park, Sunnyvale, Cupertino, Mountain View and Santa Clara. Industry watchers believe North San Jose is poised to capture a fresh wave of tech growth. Sobrato intends to undertake a complete renovation of the building. That suggests Sobrato intends to spend $6.1 million to $8.7 million on this upgrade for QuantumScape. The building had been empty for 10 years before the lease deal. It should move into the new offices by December.

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