Welcome to our dedicated page for SES AI Corporation news (Ticker: SES), a resource for investors and traders seeking the latest updates and insights on SES AI Corporation stock.
SES AI Corporation (SES) is a pioneering company in the field of integrated lithium-metal battery manufacturing. Focused on research and development, SES AI Corp is dedicated to creating high-performance rechargeable batteries specifically designed for electric vehicles (EV), urban air mobility (UAM), which includes electric vehicle take-off and landing (eVTOL) systems, and other applications.
Currently in the pre-commercialization stage, SES AI Corporation is advancing lithium-metal (Li-Metal) battery technologies to enhance the efficiency and longevity of energy storage solutions. The company's expertise spans across various domains, including material science, cell development, module assembly, AI-powered safety algorithms, and recycling. This comprehensive approach ensures that SES AI Corp can deliver innovative and sustainable energy solutions to meet the growing global demand for clean energy.
One of the notable features of SES AI Corporation is its AI-powered safety algorithms, which play a critical role in enhancing the safety and reliability of their battery technologies. In addition to their robust research and development efforts, the company is also focusing on the initial production phase, gearing up to introduce these advanced batteries to the market.
SES AI Corporation's recent achievements include significant strides in battery performance, including increased energy density and improved cycle life, which are essential for the practical deployment of Li-Metal batteries in EVs and other applications. The company is also exploring strategic partnerships to bolster their technological capabilities and market reach.
With a strong commitment to innovation and sustainability, SES AI Corporation is well-positioned to lead the future of energy storage solutions, particularly in the rapidly evolving EV and UAM sectors.
For the latest updates and news, be sure to check out the most recent announcements from SES AI Corporation:
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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.
SES AI Corporation, a leader in lithium-metal rechargeable batteries, announced participation in the Water Tower Research Fireside Chat Series on June 23, 2022, at 2:00 PM EDT. CEO Qichao Hu will discuss the company’s technology and opportunities within Battery-as-a-Service. Investors can register for the virtual event here.
SES AI Corporation, a leader in high-performance lithium-metal rechargeable batteries for electric vehicles, announced its participation in several upcoming investor conferences in New York City and virtually. Key events include the RBC Global Mining & Materials Conference on June 9, Evercore Global Clean Energy Summit on June 14, and the Deutsche Bank Global Auto Industry Conference on June 16. The company, founded in 2012, also emphasizes its capabilities in AI-powered safety algorithms and recycling. For more information, visit ses.ai/investors/.
SES AI Corporation, a leader in high-performance lithium-metal rechargeable batteries, will participate in the Citi Lithium and Battery Virtual Day conference on May 26, 2022. CEO Qichao Hu is scheduled to present from 12:30 PM to 1:05 PM ET. Investors can access a live webcast of the presentation through this link or via the Investor Relations section on SES's website. A replay will be available approximately 12 hours post-event. SES, founded in 2012 and headquartered in Boston, specializes in battery production for electric vehicles and other applications.
SES AI Corporation (NYSE: SES) announced its financial results for Q1 2022, following its merger with Ivanhoe Capital Acquisition Corporation. The company reported a net loss of $27.0 million, equating to a loss of $0.12 per share, with operating losses of $19.2 million driven by high general and administrative expenses. SES ended the quarter with a robust cash position of $426 million, which will support its Li-Metal battery development. The company has formed a joint development agreement with Honda and plans to build a pre-production facility in South Korea to enhance growth.
SES AI Corporation, a leader in high-performance lithium-metal batteries, announced it will release its Q1 2022 financial results on May 12, 2022, post-market. A conference call will follow at 5:00 p.m. EDT. Interested parties can access the call via phone or through a webcast available on SES's Investor Relations site. This call will provide insights into the company's performance and future outlook.
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