QuantumScape Corp. (NASDAQ:QS) posted its third-quarter fiscal 2026 results after Wednesday’s closing bell. The company reported a narrower-than-expected quarterly loss and announced plans for a new production line targeting demand for solid-state batteries across sectors such as AI data centers, aerospace and defense.
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QuantumScape Q3 Details
QuantumScape reported quarterly losses of 14 cents per share, which beat the analyst estimate for losses of 17 cents, per Benzinga Pro data.
The company also announced a planned cell production line with 100 megawatt-hours (MWh) of capacity, aimed at serving demand for solid-state batteries across sectors such as AI data centers, aerospace and defense.
To build out the line, the company has teamed up with Muehlbauer Group, a German automation and manufacturing technology firm, which will act as an ecosystem provider of cell assembly equipment.
“This 100-MWh line will represent the first commercial-scale mass production of QS cells, with output aimed at meeting the rapidly emerging opportunities for our QSDC and QSAS business verticals. Engineering work on higher-throughput processes and equipment is already underway and start of production for this new line is targeted for 2028,” QuantumScape wrote in a letter to shareholders.
“The Eagle Line proved to us that QuantumScape’s solid-state technology is ready to scale to the next level,” said Josef Markus Mühlbauer, CEO of Muehlbauer Group. “We have been working on-site with QS in San Jose to develop a scale-up plan built on the foundation of the Eagle Line.
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QS Stock Price: According to data from Benzinga Pro, QuantumScape stock was up 6.54% to $4.24 in Wednesday’s extended trading.
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