JB Straubel Joins QuantumScape Strategic Advisory Board

SAN JOSE, Calif. - June 3, 2026 (GLOBE NEWSWIRE) - QuantumScape Corporation (NASDAQ: QS), a global leader in next-generation solid-state lithium-metal battery technology, today announced that JB Straubel has joined its Strategic Advisory Board. Straubel has decades of leadership experience in battery technology, electric vehicles and energy systems.

Straubel is the founder and CEO of Redwood Materials, a company focused on critical materials and energy technology that manufactures key components for advanced batteries and deploys energy storage systems to power data centers and the nation's grid. He is also a co-founder and former CTO of Tesla, where he led battery cell design, supply chain development and the company's early Gigafactory strategy. Straubel has served on the QS Board of Directors since 2019 and is now transferring to the Strategic Advisory Board.

"There is a profound need for next-generation batteries across many different applications, from electric vehicles to AI data centers," said Straubel. "I'm proud to join the advisory board to support the QS team and this revolutionary battery innovation."

"JB is one of the most influential and visionary leaders in battery technology and electrification, and we're proud to welcome him to our Strategic Advisory Board," said Dr. Siva Sivaram, CEO and president of QS. "His unparalleled expertise in battery innovation, manufacturing scale-up and supply chain development will be invaluable as we apply our no-compromise solid-state technology to automotive, AI data centers, aerospace and beyond."

About QuantumScape CorporationQuantumScape is on a mission to revolutionize energy storage to enable a sustainable future. The company's next-generation solid-state lithium-metal battery technology is designed to enable greater energy density, faster charging and enhanced safety to support the transition away from legacy energy sources toward a lower carbon future. For more information, visit https://www.quantumscape.com.

Forward-Looking Statements
Certain information in this press release may be considered "forward-looking statements," within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including, without limitation, statements regarding the company's expectations for the commercialization and scaling of its solid-state lithium-metal battery technology, the application of its technology to automotive, AI data centers, aerospace and other markets, the anticipated benefits of its supply chain strategy, and the anticipated contributions of members of its Strategic Advisory Board. These forward-looking statements are based on management's current expectations, assumptions, hopes, beliefs, intentions and strategies regarding future events and are based on currently available information as to the outcome and timing of future events. Because forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified, you should not rely upon forward-looking statements as predictions of future events. The events and circumstances reflected in the forward-looking statements may not be achieved or occur and actual results could differ materially from those projected in the forward-looking statements due to various risks, including the successful development and commercialization of our solid-state battery technology, achieving technical and financial milestones, building out of high-volume processes and otherwise scaling production, achieving the performance, quality, consistency, reliability, safety, cost and throughput required for commercial production and sale, changes in economic and financial conditions, market demand for EVs and other energy storage applications, retaining key personnel, competition, regulatory changes, broader economic conditions, and other factors, including those discussed in the section titled "Risk Factors" in our Annual Report and Quarterly Reports and other documents filed with the Securities and Exchange Commission from time to time. Except as otherwise required by applicable law, the company disclaims any duty to update any forward-looking statements.