SES AI Stock Price, News & Analysis

SES AI Corporation, a leader in Li-Metal rechargeable batteries, announced its Q3 financial results for the period ending September 30, 2022. The company emphasized its commitment to enhancing supply chain control for quality improvements. The letter to shareholders, from CEO Qichao Hu and CFO Jing Nealis, detailed business updates alongside the financial results. SES continues to innovate in the battery sector for electric vehicles and intends to streamline operations by bringing certain processes in-house.

Swave Photonics has appointed Mike Noonen as CEO, succeeding Theodore Marescaux. Noonen aims to enhance the commercialization of Swave's Holographic eXtended Reality (HXR) technology, which delivers ultra-high-resolution 3D images for AR/VR applications. The technology is designed to revolutionize the metaverse experience without the need for headsets. Swave's HXR chips leverage diffractive photonics to achieve exceptional pixel resolution. The company is expanding its management and engineering teams to accelerate product development and market entry.

SES AI Corporation, a leader in lithium-metal rechargeable batteries, will announce its Q3 2022 financial results on November 9, 2022, post-market. The announcement will be followed by a conference call at 5:00 p.m. EDT. Investors can join via phone or access a live webcast on SES’s Investor Relations website. SES specializes in high-performance batteries for electric vehicles and holds a strong position in battery technology development.

SES AI Corporation recently strengthened its role in the electric vehicle battery industry by securing support from the South Korean government for its Li-Metal battery development. At the North America Investors Roundtable in New York on September 22, SES's CEO Qichao Hu met with South Korean President Yoon Suk-yeol and committed to advancing battery research. The South Korean government announced a planned investment of $1.15 billion for the battery sector, underlining SES's pivotal role in the evolution of next-generation batteries amidst rising demand for electric vehicles.

SES AI Corporation (NYSE: SES) reported Q2 results, showing an operating loss of $19.1 million, up $12.5 million year-over-year due to higher personnel and operational costs. The Company recognized a $29 million non-cash gain from changes in its Sponsor Earn-out liability. Cash reserves stand at $405 million, intended for Li-Metal battery and AI software development. SES remains on track to open its second manufacturing facility in Korea by October 2022, and will hold its second annual Battery World event before year-end.

SES AI Corporation, a leader in high-performance lithium-metal rechargeable batteries, announced participation in several upcoming investor conferences. Key events include:

• J.P. Morgan Auto Conference on August 9, 2022, in New York City
• Jefferies Industrials Conference on August 10, 2022, in New York City
• Baird Newly Public Company Day on August 17, 2022, virtually
• Piper Sandler Summit on August 18, 2022, in Aspen, CO
• Cowen Conference on September 8, 2022, virtually
• RBC Capital Markets Conference on September 12, 2022, in Las Vegas, NV

SES AI Corporation (SES) will release its second-quarter 2022 financial results on August 9, 2022, after market close, followed by a conference call at 5:00 p.m. EDT. The call can be accessed via phone or through a webcast. SES specializes in high-performance lithium-metal rechargeable batteries for electric vehicles and has operations in multiple countries including Singapore and Shanghai.

SES AI Corporation, a leader in lithium-metal rechargeable batteries, will participate in the inaugural Lithium Metal Battery Conference on July 25. The event celebrates the 100th birthday of battery pioneer John Goodenough, a Nobel Prize winner known for advancing lithium-ion technology. CEO Qichao Hu will join a panel discussing lithium-metal battery advancements and supply chain challenges. The free online conference starts at noon ET. Goodenough's contributions have greatly influenced the electric vehicle industry and battery science.

SES AI Corporation has appointed Kyle Pilkington as the new Chief Legal Officer, effective July 1, 2022, succeeding Joanne Ban, who is retiring for health reasons but will remain as an advisor. Pilkington, previously the VP of Legal, brings significant experience in securities law and corporate governance from his time at International Game Technology and major law firms. This leadership change aims to bolster the legal and regulatory framework as SES continues to grow in the high-performance lithium-metal battery sector for electric vehicles.