QuantumScape Corporation
QuantumScape Battery Subleases Property to Momentus Inc.
Summary
On December 3, 2025, QuantumScape Battery, Inc., a subsidiary of QuantumScape Corporation, entered into a sublease agreement with Momentus Inc. for a property located at 1762 Automation Parkway, San Jose, California. The agreement covers approximately 61,100 square feet and will commence once the master landlord's consent is obtained. The sublease will run until September 30, 2032, with an initial monthly base rent of $72 thousand, escalating to $175.1 thousand by the end of the term. The total expected base rent over the sublease period is approximately $11.5 million after abatements. Momentus Inc. will be responsible for additional expenses related to the property.
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About QuantumScape Corporation
QuantumScape Corporation is a leading technology company specializing in the development and commercialization of advanced solid-state lithium-metal batteries. Its primary function is to innovate in the field of energy storage, specifically targeting the automotive industry with next-generation batteries that promise greater energy density, faster charging times, and enhanced safety compared to traditional lithium-ion alternatives. QuantumScape’s technology aims to revolutionize electric vehicles (EVs), providing a crucial component that can significantly extend driving ranges and reduce charging frequencies, thereby overcoming major barriers to EV adoption. Based in California, QuantumScape collaborates with prominent automotive manufacturers to bring its cutting-edge solutions to market, positioning itself as a pivotal player in the transition to sustainable energy. The company’s efforts are particularly impactful in sectors emphasizing clean energy transitions, such as transportation and renewable energy storage, contributing to the broader effort of reducing global carbon emissions. As such, QuantumScape is recognized for its potential role in shaping the future of green technology and enhancing the viability of electric mobility solutions worldwide.
Official SEC Documents