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QuantumScape develops solid-state lithium-metal batteries, focusing on anode-less cell design to enable higher energy density, faster charging, and safer operation for energy storage, especially in transportation. The technology uses a solid electrolyte and lithium metal to store more energy in a smaller package, with reduced risk of flammable liquid electrolytes. The anode-less design lowers material costs and streamlines manufacturing, helping to create batteries that can power electric vehicles more efficiently. Compared with conventional lithium-ion batteries, QuantumScape emphasizes a first-of-its-kind anode-less approach that aims to deliver greater energy density and improved safety. The company targets EV manufacturers and other industries needing efficient energy storage, aiming to expand the use of clean energy in transportation and reduce carbon emissions.
Industries
Automotive & Transportation
Hardware
Industrial & Manufacturing
Energy
Company Size
501-1,000
Company Stage
IPO
Headquarters
San Jose, California
Founded
2010
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Total Funding
$2.1B
Above
Industry Average
Funded Over
8 Rounds
2026 Central Texas ORBIE Awards recognize top technology executives in Central Texas. Leading CIOs honored for leadership, innovation, and business impact at the Central Texas ORBIE Awards on August 28, 2026, at the JW Marriott Austin. AUSTIN, Texas, Aug. 31, 2026 (GLOBE NEWSWIRE) - The 2026 Central Texas ORBIE Awards honored leading chief information officers (CIOs) from for their exceptional leadership. Hosted by CentralTexasCIO, one of over 50 Inspire Leadership Network chapters, the prestigious award honors CIOs who drive business transformation and industry impact. View finalists, partners, and more on the Digital ORBIE Feature. This exclusive event brought together top executives and industry leaders from Central Texas. The morning honored excellence in technology leadership across six award categories at the JW Marriott Austin. "Behind every technology innovation is a CIO leading the vision and shaping the strategy," said Kevin Harwood, CentralTexasCIO Chair. "The ORBIE Awards are the ultimate recognition program for the leaders behind the work." Meet the 2026 Central Texas ORBIE Award Winners: * Ehren Powell, Chief Digital Officer, Marathon Petroleum, received the Leadership ORBIE. * Cynthia Carbrey, CIO Global, Kautex Textron, received the Global ORBIE for organizations over $2.5 billion annual revenue and multi-national operations. * Linda Albornoz, Senior EVP and CIO, Frost Bank, received the Large Enterprise ORBIE for organizations over $2 billion annual revenue. * Vivek Sagi, Chief Product and Technology Officer, Bumble Inc., received the Enterprise ORBIE for organizations over $800 million annual revenue. * Kevin Harwood, CTO, Tecovas, received the Large Corporate ORBIE for organizations over $350 million annual revenue. * GS Jha, Global CIO and CISO, QuantumScape Inc., received the Corporate ORBIE for organizations up to $350 million annual revenue. About the ORBIE: The ORBIE is the preeminent executive recognition for C-suite leaders. Since 1998, the ORBIE Awards have recognized leadership excellence, building relationships between executives and trusted business partners, and inspiring the next generation of leaders. Finalists and winners are selected through an independent peer-adjudicated process led by prior ORBIE recipients based on the following criteria: * Leadership and management effectiveness * Business value created by technology innovation * Engagement in industry and community endeavors Central Texas ORBIE Keynote & Attendance: The keynote address for the Central Texas ORBIE Awards was delivered by Ehren Powell, Chief Digital Officer, Marathon Petroleum, who was interviewed by Lou Senko, Chief Customer Experience Officer, Q2. Over 250 guests attended, representing leading Central Texas organizations and their technology partners. The following partners made the 2026 Central Texas ORBIE Awards possible: * Underwriters: Rimini Street and SBase Technologies * Gold Partners: Comcast Business, Sutherland Global, and Velocity * Silver Partners: Adastra, Amazon Web Services, Cloudflare, Myriad360, EPAM NEORIS, SHI International, Spectrum Business/Ring Central, and Waterloo Data * Bronze Partners: Between Pixels, Coforge, Darwinbox, Everforth Quinnox, HotelKey, Sonata Software, and Tech Mahindra * Media Partner: Austin Business Journal * Nonprofit Partner: Year Up United About CentralTexaxCIO: CentralTexasCIO is the preeminent peer leadership network of chief information officers (CIOs) in Central Texas. As one of over 50 chapters of the Inspire Leadership Network, CentralTexasCIO belongs to a national membership organization exclusively comprised of C-suite leaders from public and private businesses, government, education, healthcare, and nonprofit institutions. CentralTexasCIO is led by a CIO Advisory Board, with support from an executive director and staff. Underwriter executives support the chapter and ensure the programs remain member-led and exclusive to qualified CIOs and members. About Inspire Leadership Network: Inspire Leadership Network is the preeminent peer leadership network of C-suite executives. With over 2,000 members across over 50 chapters, Inspire members serve public and private businesses, government, education, healthcare, and non-profit institutions. Inspire exists to help leaders thrive in today's most challenging executive roles. Media Contact Nicole Lammes [email protected]
QuantumScape's chief legal officer Michael O. McCarthy III disposed of 25,709 shares of Class A Common Stock on 18 August, according to an SEC filing. The sale was non-discretionary and conducted solely to cover tax obligations following the release of restricted stock units. McCarthy retains a significant stake in the company, with total holdings of 1,380,083 shares, including RSUs and performance restricted stock units. He also recently acquired 331 shares through the employee stock purchase plan on 1 June. The transaction was executed at $5.74 per share. The San Jose-based solid-state lithium-metal battery developer has a market capitalisation of approximately $3.6 billion and reported a trailing 12-month net loss of $405 million.
QuantumScape's CFO Kevin Hettrich sold 31,095 shares of Class A Common Stock on 18 August, according to an SEC filing. The transaction was a non-discretionary sale-to-cover, conducted automatically to satisfy tax withholding requirements upon vesting of equity awards, and does not reflect a discretionary change in investment position. Following the sale, Hettrich continues to hold 1.8 million shares directly, plus derivative securities in restricted and performance restricted stock units. The San Jose-based company develops solid-state lithium-metal batteries for electric vehicles. QuantumScape reported a trailing twelve-month net loss of $405 million as of the transaction date. Shares were priced at $5.74 at the time of the transaction, reflecting a one-year return of -30%.
QuantumScape's chief technology officer Timothy Holme sold 75,962 shares of Class A Common Stock on 18 and 19 August, according to an SEC filing. The transaction was valued at approximately $437,000. The sale was partially non-discretionary, with 34,086 shares withheld to cover tax obligations following the release of restricted stock units. The remaining sales were scheduled under a Rule 10b5-1 trading plan adopted on 5 June 2025. Following the transaction, Holme retains 1.7 million directly held shares valued at $9.75 million, plus 1.2 million indirect derivative securities. The stock closed at $5.88 on 19 August, reflecting a 26% decline over the previous 12 months. QuantumScape develops solid-state lithium-metal battery technology for electric vehicles.
QuantumScape chief operating officer Luca Giovanni Fasoli sold 32,255 shares on 18 August, according to an SEC filing. The transaction was valued at approximately $178,000, based on the weighted average sale price of $5.74. The sale was non-discretionary and executed to cover tax obligations arising from vesting equity awards, rather than reflecting the insider's view on the stock. Fasoli retains 1.9 million shares of Class A Common Stock valued at $11 million, including restricted stock units and performance-based units. Following the transaction, total insider ownership across QuantumScape remains at approximately 0.3%. The company, which develops solid-state lithium-metal battery technology for electric vehicles, has a market capitalisation of $3.6 billion.
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Industries
Automotive & Transportation
Hardware
Industrial & Manufacturing
Energy
Company Size
501-1,000
Company Stage
IPO
Headquarters
San Jose, California
Founded
2010
Find jobs on Simplify and start your career today