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Technology Stocks : QuantumScape Corporation
QS 18.44+16.8%Oct 31 9:30 AM EST

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From: Carkey10/26/2024 8:23:19 PM
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Article on why QS went up Thursday - 19.9%

QuantumScape Corp (NYSE:QS) shares are trading higher Thursday after the company said it began producing its first b-sample cells and started shipping them to customers for testing.

QuantumScape said it plans to continue shipping samples to customers for feedback. The company plans to refine its processes based on customer feedback, which is says will take “many months” to complete.

Target bringing its advanced Cobra separator process into production in 2025.

The company reiterated that it has a cash runway extending into 2028.

QuantumScape Stock Is Ripping Higher Thursday: What's Going On?
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