SES AI Corporation (NYSE:SES ) Q4 2024 Earnings Conference Call February 25, 2025 5:00 PM ET Company Participants Kyle Pilkington - Chief Legal Officer Qichao Hu - Founder and Chief Executive Officer Jing Nealis - Chief Financial Officer Conference Call Participants Winnie Dong - Deutsche Bank Brian Gordon - Water Tower Research Mark Shooter - William Blair Operator Good afternoon. Thank you fo...
WOBURN, Mass.--(BUSINESS WIRE)---- $SES #AI--SES AI Corporation (“SES AI”) (NYSE: SES), a global leader in the development and manufacturing of AI-enhanced high-performance Li-Metal and Li-ion batteries, today announced its fourth quarter and full year 2024 business results for the quarter ended December 31, 2024 and introduced its financial guidance for the year ending December 31, 2025. The C...
SES AI Corporation is set to record its first revenue in Q4 2024, driven by contracts and purchase orders for its Li-Metal batteries. SES's diversified market approach, including EVs and Urban Air Mobility (UAM), makes it a compelling investment compared to other sustainable battery pure-plays. Despite no prior revenue history, SES's strong liquidity and strategic partnerships with major automa...
WOBURN, Mass.--(BUSINESS WIRE)--SES AI Corporation (“SES AI”) (NYSE: SES), a global leader in the development and manufacturing of AI-enhanced high-performance Li-Metal and Li-ion batteries, today announced it has received a letter from the New York Stock Exchange (“NYSE”) dated February 3, 2025 (the “Compliance Notice”), notifying the Company that it has regained compliance with the NYSE's con...
WOBURN, Mass.--(BUSINESS WIRE)---- $SES #AI--SES AI Corporation (“SES AI”) (NYSE: SES), a global leader in the development and manufacturing of AI-enhanced high-performance Li-Metal and Li-ion batteries, today announced preliminary unaudited revenue results and expected liquidity for the fourth quarter ended December 31, 2024. Based on this month's announcement of contracts with SES AI's OEM pa...
WOBURN, Mass.--(BUSINESS WIRE)---- $SES #AI--SES AI Corporation (“SES AI”) (NYSE: SES), a global leader in the development and manufacturing of AI-enhanced high-performance Li-Metal and Li-ion batteries, today announced that it has signed a non-binding Memorandum of Understanding (“MOU”) with AISPEX, a Texas-based Retail Energy Provider (“REP”) with a groundbreaking Virtual Power Plant platform...
WOBURN, Mass.--(BUSINESS WIRE)---- $SES #AI--SES AI Corporation “SES AI” (NYSE: SES), a global leader in the development and manufacturing of AI-enhanced high-performance Li-Metal and Li-ion batteries, today announced that it has received a significant purchase order from Data Blanket, a global leader in AI-driven drones. The purchase order is for high energy density and high-power density AI-e...
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