QuantumScape Appoints Defense Executive Ross Niebergall to Board of Directors

SAN JOSE, Calif.--(BUSINESS WIRE)--QuantumScape Corporation (NASDAQ: QS), a global leader in next-generation solid-state lithium-metal battery technology, today announced the appointment of Ross Niebergall to its board of directors. Niebergall is an experienced executive with decades of service in the defense sector, leading R&D and technology commercialization in defense applications for multiple defense primes.

Niebergall was most recently President of Aerojet Rocketdyne after its acquisition by L3Harris. He was Chief Technology Officer of L3Harris and Harris Corporation from 2017 to 2023. Previous to Harris Corporation, he was Vice President, Engineering at Raytheon and served as CEO of ThalesRaytheon Systems LLC, a joint venture between Raytheon Company and the Thales Group. He serves on the board of V2X, a provider of critical mission solutions and support services to defense customers worldwide. He holds a PhD in Mathematics from the University of Notre Dame.

“Ross adds a highly complementary skillset to our board,” said Dennis Segers, chairman of the QS board of directors. “He brings decades of experience leading successful technology innovation projects in the defense sector. We look forward to working with him on our mission to revolutionize energy storage.”

“QS technology has the potential to be a transformative force across many different applications,” said Ross Niebergall. “I’m excited to join the board and help guide the company through the next stages of its commercialization journey.”

About QuantumScape Corporation

QuantumScape 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 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 future growth, the scaling of its technology to global markets, and the anticipated contributions of newly appointed board members. 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.