Welcome to our dedicated page for SES AI news (Ticker: SES), a resource for investors and traders seeking the latest updates and insights on SES AI stock.
SES AI Corporation (SES) delivers cutting-edge AI-powered battery solutions for electric mobility and energy storage systems. This hub provides investors and industry professionals with essential updates on technological advancements, corporate milestones, and market positioning.
Access official press releases and curated news covering product launches, strategic partnerships, and financial performance. Our repository ensures timely updates on lithium-metal innovations, safety certifications, and manufacturing expansions critical to evaluating SES's role in next-generation energy storage.
Discover updates across three key areas: technology developments in AI-optimized charging systems, industry collaborations with EV manufacturers, and operational updates from global production facilities. Content is rigorously verified to support informed decision-making without speculative commentary.
Bookmark this page for consolidated access to SES's evolving leadership in high-density battery solutions. Check regularly for authoritative reporting on advancements shaping electric transportation and smart energy infrastructure.
SES AI (NYSE: SES) has announced a $30 million share repurchase authorization approved by its Board of Directors. The company, which specializes in AI-enhanced high-performance Li-Metal and Li-ion batteries, will have flexibility to repurchase shares through various methods including open market purchases and privately negotiated transactions.
The repurchase program will be funded from existing cash reserves, with timing and volume dependent on market conditions and other factors. The company has also reaffirmed its 2025 revenue guidance and expects to maintain over $200 million in liquidity by the end of 2025.
CEO Qichao Hu emphasized that the share buyback program demonstrates confidence in the company's revenue projections while maintaining sufficient liquidity for operations.
SES AI (NYSE: SES) has announced the upcoming launch of Molecular Universe MU-0, a groundbreaking battery material discovery software and service platform. The platform, combining physics and AI, will be unveiled through a live demo on April 29, 2025.
MU-0 features what the company claims to be the world's largest database of small molecules and battery-related properties, visualized through a 2D map using UMAP technology. The platform offers four key features: Map, Filter, Search, and Ask, allowing users to explore molecular properties through an interactive interface.
The service will be available with tiered pricing based on access levels, targeting OEMs and scientific research institutes. Two OEMs have already signed on to use the platform, which aims to accelerate next-generation battery technology development across electric vehicles, energy storage, urban air mobility, robotics, and drones.
SES AI (NYSE: SES) has released preliminary Q1 2025 financial results, projecting revenue between $5.0-5.8 million, aligning with their previous full-year guidance. The company reports an anticipated liquidity position of approximately $240 million with zero debt as of March 31, 2025.
The revenue generation stems from AI-enhanced EV battery development contracts and initial sales of AI-enhanced 2170 battery cells. The company expects additional revenue contributions from Battery Energy Storage Systems (BESS) agreements and the upcoming launch of a Molecular Universe toolkit.
SES AI will release detailed Q1 2025 results after market close on April 24, 2025, followed by a conference call on April 25, 2025, at 9:00 a.m. ET.
SES AI (NYSE: SES), a developer of AI-enhanced Li-Metal and Li-ion batteries, has received a notice from the New York Stock Exchange on March 7, 2025, regarding non-compliance with listing standards. The notice was issued because SES's Class A common stock average closing price fell below $1.00 over 30 consecutive trading days.
The company has a six-month cure period to regain compliance by achieving a closing share price of at least $1.00 and maintaining an average closing price of $1.00 over a 30-day trading period. SES will respond to NYSE within 10 business days regarding its intent to cure the deficiency. The company's stock will continue trading on NYSE during this period, subject to compliance with other listing standards.
SES AI (NYSE: SES), a leader in AI-enhanced Li-Metal and Li-ion battery development, has announced its March 2025 event calendar. The company will participate in four major industry events:
At the Cantor Global Technology Conference (March 11) in New York, CEO Dr. Qichao Hu will present on battery and power storage future. At SXSW 2025 (March 12) in Austin, he will join a fireside chat about AI's role in electric and flying cars. During NVIDIA GTC 2025 (March 17) in San Jose, Dr. Hu will discuss AI-accelerated materials discovery for lithium metal batteries. Finally, at the Energy Storage Summit USA (March 26) in Dallas, he will present on AI4Safety and battery energy storage system improvements.
SES AI (NYSE: SES) reported its Q4 and full year 2024 results, marking its first revenue-generating quarter with $2.0 million. The company projects FY 2025 revenue between $15M to $25M.
Key developments include:
- Expansion beyond EV-only Li-Metal batteries into multiple battery chemistries powered by AI
- Introduction of new AI-enhanced 2170 cylindrical cell for humanoid robotics and Li-ion EV applications
- Signing of MOU for up to 100 MWh advanced Battery Energy Storage System (BESS) solution
- FY 2024 cash usage in operations and Capex of $78.3M, below guidance of $80M-$95M
The company maintains strong liquidity into 2028 and has deepened partnerships with automotive OEMs through AI-powered electrolyte materials development for both Li-Metal and Li-ion batteries.
SES AI (NYSE: SES), specializing in AI-enhanced Li-Metal and Li-ion battery development and manufacturing, has received official notification from the New York Stock Exchange (NYSE) on February 3, 2025, confirming its return to compliance with the exchange's minimum share price requirement. This compliance notice indicates that SES AI has successfully met the continued listing criterion specified under Section 802.01C of the NYSE Listed Company Manual.
SES AI (NYSE: SES) has announced preliminary unaudited revenue results for Q4 2024. The company expects to report Q4 revenue between $1.5 million to $2.0 million, driven by contracts with OEM partners for AI-enhanced battery solutions and drone applications.
The company's expense reduction efforts are expected to result in year-end 2024 liquidity of $260 million to $265 million with no outstanding debt. SES AI will release its full Q4 and 2024 results, along with initial 2025 guidance, after market close on February 25, 2025. The guidance will include projected 2025 revenue based on recent contracts and battery energy storage system opportunities, plus updated operating and capital expenditure outlooks.
SES AI (NYSE: SES) has signed a non-binding Memorandum of Understanding (MOU) with AISPEX, a Texas-based Retail Energy Provider, to provide Battery Energy Storage System (BESS) solutions. The partnership includes SES's proprietary AI for Safety Battery Management System for monitoring battery health and safety.
The MOU outlines a potential purchase order pipeline of up to $45 million and up to 100 MWh. The first deployment, scheduled for 2025, involves a project of up to 30 MWh valued at up to $13 million, to be implemented in two phases at a crypto mining site in Texas.
According to SES AI CEO Qichao Hu, the energy storage market, particularly in crypto mining and data centers, represents a total addressable market more than 10 times larger than the EV sector. The company aims to leverage its capabilities in materials discovery and superintelligent battery management through AI to extend BESS life and improve safety.
SES AI (NYSE: SES) has secured a significant purchase order from Data Blanket for AI-enhanced Li-Metal and Li-ion batteries to power AI-driven drones for forest fire management and border patrol applications. The initial shipments were delivered in December 2024, with the remaining deliveries expected by mid-2025.
The batteries offer higher energy density and power compared to conventional Li-ion batteries, enabling longer drone flight times. Data Blanket's drones provide rapid, firsthand data and images to firefighters, enhancing their operational capabilities. The company plans to expand the use of SES systems across its growing product line, leveraging SES's Li-Metal technology and AI-enabled management and safety systems for operations in harsh environments.
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