Indian-origin CEOs are ruling the world, especially those serving in the technology industry with the biggest examples being Google and Microsoft, the two giants in the market who are shaping the world.
Recently Parag Agrawal created quite a buzz as he became the CEO of Twitter. After Parag Agrawal, now another Indian origin is in the headlines, whose name is Jagdeep Singh CEO of a US battery startup, QuantumScape, and the reason for Jagdeep Singh's recent buzz is his huge salary package.
Here's all you need to know about QuantumScape¡¯s CEO, Jagdeep Singh:
Indian-origin Jagdeep Singh is the CEO of the energy storage American startup company QuantumScape Corp. According to Jagdeep Singh's LinkedIn profile, Jagdeep is the founder and CEO of QuantumScape Corp.
Jagdeep Singh has studied Computer Science from Stanford University, and earned an MBA from University of California. According to his profile, Jagdeep Singh was is a founder of several companies, including Lightera Networks, AirSoft etc.
Jagdeep Singh was the founder and CEO of Infinera from 2001 to 2009. After this, QuantumScape was founded in 2010 by Jagdeep Singh, Tim Home, and Professor Fritz Prinz of Stanford University.
QuantumScape is an American company that does research about solid-state lithium metal batteries for electric cars. The company is headquartered in San Jose, California and employs around 400 people. QantumScape was founded in 2010 by Singh and backed early by Microsoft founder Bill Gates and auto giant Volkswagen.
If electric vehicles are ever going to fully supplant gas guzzlers on the world¡¯s roads, they¡¯re going to need an entirely new type of battery. Now researchers at QuantumScape have developed a new battery tech that can offer affordable, long-range journeys in electric vehicles in just four years.
The batteries, (called Solid-state lithium metal batteries) with the new tech are able to offer better capacity compared to existing lithium-ion ones, recharge faster and even operate cooler. Moreover, the batteries also charge without degrading over time -- something lithium in batteries are infamous for.
One of the biggest scientific innovations the team at QuantumScape have implemented is the replacement of liquid in the lithium-ion batteries with a strip of metal that makes them safer and does not make them prone to combustion.
American startup company QuantumScape has gone public only a year ago, and recently the huge package of Jagdeep Singh has been approved in the annual meeting of shareholders. According to Jagdeep¡¯s LinkedIn profile found on the Internet, he is the founder and CEO of QuantumScape Corp.
In a recent shareholders¡¯ meeting, it was unanimously approved to provide a huge pay package to Jagdeep Singh. According to proxy advisory firm Glass Lewis, the shares to be allotted to Jagdeep Singh are estimated to be worth about US $2.3 billion (Rs 17,486 crore in Indian currency).
Let's hope the battery innovations by Jagdeep Singh's QuantumScape can help unleash the EV revolution we're all waiting for. Keep reading Indiatimes.com for the latest science and technology news.