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 (NYSE: SES) is a developer and manufacturer of AI-enhanced high-performance lithium-metal (Li-Metal) and lithium-ion (Li-ion) batteries, with a focus on electric transportation on land and in the air and on energy storage systems. This news page aggregates company announcements, press releases, and updates that SES AI distributes through public channels.
Readers can find coverage of SES AI’s participation in industry events and conferences, such as technology trade shows, research conferences, and investor conferences where the company presents its latest developments in drone batteries, energy storage systems (ESS), and battery materials. News items also describe SES AI’s progress in expanding manufacturing capacity, including activities at its Chungju, South Korea factory that supports lithium-metal and lithium-ion cell production for drones and urban air mobility applications.
SES AI’s releases frequently highlight the evolution of its Molecular Universe software and services platform for battery material discovery, including new versions and features, enterprise subscription offerings, and examples of how enterprise customers use the platform to address battery challenges across EV, ESS, drones, robotics, and consumer electronics. Announcements may also cover collaborations and transactions, such as the acquisition of UZ Energy to expand into ESS, the proposed joint venture with Hisun New Energy Materials to supply electrolyte materials discovered by Molecular Universe, and collaboration with Top Material to support drone and UAM cell manufacturing in Korea.
Investors and industry observers can use this page to follow SES AI’s business updates, including financial results releases, conference call schedules, governance changes reported in press releases, and other milestones related to its AI-enhanced battery technologies, software platforms, and global supply chain initiatives.
SES AI Corporation hosted its second annual Battery World event, announcing progress in commercializing its Li-Metal battery technology. CEO Dr. Qichao Hu revealed a new facility in Chungju, South Korea, enhancing manufacturing capacity and strengthening partnerships with OEMs like GM, Hyundai, and Honda. The 50Ah cells demonstrated excellent performance in harsh climates and passed third-party abuse tests. SES AI aims for a robust supply chain to support its EV battery commercialization efforts.
SES AI Corporation has announced the agenda for Battery World 2022, focusing on "Building the Next Battery Supply Chain". The event will feature a keynote by CEO Dr. Qichao Hu and a panel discussion with leaders from companies like GM and Honda. Scheduled for December 13, 2022, at 11:00 AM EST in the U.S., it will be followed by sessions in Korea and China on December 14. Participants will explore challenges and advancements in the electric vehicle battery industry.
SES AI Corporation, a leader in high-performance lithium-metal rechargeable batteries for electric vehicles, will participate in the Water Tower Research Fireside Chat Series on November 18, 2022, at 10:00 AM EST. CEO Qichao Hu will discuss the company's technology and commercialization roadmap. Investors can register for the event here.
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.