Latest news with #MolecularUniverse
Yahoo
6 days ago
- Business
- Yahoo
SES AI Reports Second Quarter 2025 Financial Results
Reports second quarter revenue of $3.5 million Affirms 2025 revenue guidance of $15 million to $25 million Released MU-0.5, the latest version of Molecular Universe software and services platform for all batteries and chemistries Expands Reach into Energy Storage Systems with Agreement to acquire UZ Energy WOBURN, Mass., August 04, 2025--(BUSINESS WIRE)--SES AI Corporation ("SES AI", the "Company," "we" or "us") (NYSE: SES), a global leader in the development and manufacturing of AI-enhanced high-performance Li-Metal and Li-ion batteries, today announced its business results for the second quarter ended June 30, 2025 and affirmed its previously issued financial guidance for the year ending December 31, 2025. Second Quarter 2025 Highlights: Revenue of $3.5 million for a total of $9.3 million in the first half of 2025 Gross Margin of 74%, primarily from strong service performance Cash used in operations of $10.8 million, a 51% decrease from 2Q24 and a 53% decrease from 1Q25 Quarter end liquidity position of $229 million with no debt More than 30 companies are Molecular Universe enterprise-level trial users Affirms 2025 revenue guidance of $15 million to $25 million The Company posted a Letter to Our Shareholders on its Investor Relations website from Founder and CEO Dr. Qichao Hu and Chief Financial Officer Jing Nealis, which provides a business update, details on its second quarter 2025 results, and its guidance for 2025. Qichao Hu, Founder and CEO of SES AI, noted, "Last week in our preliminary earnings release, we stated that our path to profitability remains strong, and we are on track to reach our year-end revenue target of between $15 million to $25 million. MU-0.5, our most recent version of Molecular Universe, continues to gain traction with battery OEMs, as we now have more than 30 enterprise-level trial users, including several battery OEMs from Japan who join our existing Chinese and Korean trial customers. "In addition, we also announced an agreement to acquire UZ Energy, an established player in the ESS space in Europe, Australia and Asia. We are excited to leverage UZ's strong marketing team and hardware platform to expand our market share in not only the global $300 billion ESS market but specifically in the United States. For the remainder of 2025, we will continue to be disciplined in deployment of our excess liquidity in potential M&A and share repurchases, developing the next release of Molecular Universe to meet customer needs and building on UZ Energy's strengths in ESS," Hu added. The Company will hold a conference call on Monday, August 4, 2025, at 5:00 p.m. ET. A webcast of the live conference call will be available through SES's Investor Relations website, The conference call can also be accessed live over the phone by dialing the following numbers:United States (Toll Free): +1 833-470-1428International: +1 404-975-4839https:// Access Code: 681928 A webcast replay will be available shortly after the call at: About SES AI: SES AI Corp. (NYSE: SES) is powering the future of global electric transportation on land and in the air with the world's most advanced Li-Metal batteries. SES AI is the first battery company in the world to accelerate its pace of innovation by utilizing superintelligent AI across the spectrum of its business, from research and development; materials sourcing; cell design; engineering and manufacturing; to battery health and safety monitoring. Founded in 2012, SES AI is an Li-Metal battery developer and manufacturer headquartered in Boston and with operations in Singapore, Shanghai, and Seoul. Learn more at SES AI may use its website as a distribution channel of material company information. Financial and other important information regarding SES AI is routinely posted on and accessible through the Company's website at Accordingly, investors should monitor this channel, in addition to following SES AI's press releases, Securities and Exchange Commission filings and public conference calls and webcasts. Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, about us and our industry that involve substantial risks and uncertainties. Forward-looking statements generally relate to future events or our future financial or operating performance. In some cases, you can identify forward-looking statements because they contain words such as "will," "goal," "prioritize," "plan," "target," "expect," "focus," "look forward," "opportunity," "believe," "estimate," "continue," "anticipate," "project" and "pursue" or the negative of these terms or similar expressions. These statements are based on the beliefs and assumptions of the management of the Company. You should not place undue reliance on these forward-looking statements. Although the Company believes that its plans, intentions and expectations reflected in or suggested by these forward-looking statements are reasonable, it cannot provide assurance that it will achieve or realize these plans, intentions or expectations. Should one or more of a number of known and unknown risks and uncertainties materialize, or should any of our assumptions prove incorrect, our actual results or performance may be materially different from those expressed or implied by these forward-looking statements. Some factors that could cause actual results to differ include, but are not limited to, among other things, that conditions to the closing of the acquisition of Shenzhen UZ Energy Co. Ltd. and its related entities ("UZ Energy") may not be satisfied, the potential impact on the business of the Company due to the announcement of the acquisition of UZ Energy, the occurrence of any event, change or other circumstances that could give rise to the termination of the purchase agreement therefor, changes in the financial condition, business or prospects of UZ Energy or the Company's discovery of additional information relating thereto, general economic conditions, and other factors described in our filings with the Securities and Exchange Commission (the "SEC"), including in the "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" sections of our most recently filed Annual Report on Form 10-K, Quarterly Report on Form 10-Q and other documents that we have filed, or that we will file, with the SEC. Any forward-looking statements made by us in this press release speak only as of the date on which they are made and subsequent events may cause these expectations to change. We disclaim any obligations to update or alter these forward-looking statements in the future, whether as a result of new information, future events or otherwise, except as required by law. View source version on Contacts For the media: pr@ For investors: ir@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
28-07-2025
- Business
- Business Wire
SES AI Accelerates Timeline for Revenue Growth and Profitability with Acquisition of an Energy Storage System Producer UZ Energy
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 executed a definitive agreement to acquire 100% of UZ Energy, an energy storage systems ('ESS') provider, for a purchase price of approximately $25.5 million, subject to earnout adjustment based on the achievement of specified financial targets. The acquisition is expected to close in the third quarter of 2025 and is subject to customary closing conditions. "This acquisition of UZ Energy launches us into an exciting market, accelerates revenue growth, and strengthens Molecular Universe's ability to deliver better ESS battery materials and health monitoring by providing real-world data to train our models." Share UZ Energy specializes in designing and manufacturing of ESS products for commercial & industrial applications. It has deployed over 500 MWh of ESS safely in over 60 countries with zero incidents. With explosive growth in AI data centers, the need for safe and high-performance ESS is rapidly growing, the acquisition is expected to generate exponentially growing revenue in the $300 billion global ESS market in the next three years. SES AI will expand its existing Molecular Universe platform through the integration of UZ Energy's hardware, real world data and marketing and sales channels. This acquisition increases SES AI's foothold in the global ESS market as a US-headquartered company to provide safe, long cycle life and cost-effective ESS hardware and software solutions. 'AI data centers in the US are on track to triple their share of national electricity usage by 2028. This acquisition of UZ Energy launches us into this exciting market, accelerates our revenue growth, and strengthens our Molecular Universe ability to deliver better ESS battery materials and health monitoring systems by providing real world data to train our models,' said Qichao Hu, Founder and CEO of SES AI. 'In acquiring UZ Energy, SES AI now has a unique opportunity to add an important end market.' A Form 8-K on the acquisition of UZ has also been filed this morning with the Securities and Exchange Commission ('SEC') with more detailed information on the transaction. About UZ Energy : UZ Energy specializes in premium energy storage systems and is dedicated to helping the world store sustainable energy, simply and safely. UZ energy has over 500MWh of installed ESS in over 60 countries. UZ energy has an extensive global network of partners and was founded in 2013. Learn more at About SES AI : SES AI Corp. (NYSE: SES) is powering the future of global electric transportation on land and in the air with the world's most advanced Li-Metal batteries. SES AI is the first battery company in the world to accelerate its pace of innovation by utilizing superintelligent AI across the spectrum of its business, from research and development; materials sourcing; cell design; engineering and manufacturing; to battery health and safety monitoring. Founded in 2012, SES AI is an Li-Metal battery developer and manufacturer headquartered in Boston and with operations in Singapore, Shanghai, and Seoul. Learn more at SES AI may use its website as a distribution channel of material company information. Financial and other important information regarding SES AI is routinely posted on and accessible through the Company's website at Accordingly, investors should monitor this channel, in addition to following SES AI's press releases, Securities and Exchange Commission filings and public conference calls and webcasts. Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, about us and our industry that involve substantial risks and uncertainties. Forward-looking statements generally relate to future events or our future financial or operating performance. In some cases, you can identify forward-looking statements because they contain words such as 'will,' 'goal,' 'prioritize,' 'plan,' 'target,' 'expect,' 'focus,' 'look forward,' 'opportunity,' 'believe,' 'estimate,' 'continue,' 'anticipate,' 'project' and 'pursue' or the negative of these terms or similar expressions. These statements are based on the beliefs and assumptions of the management of the Company. You should not place undue reliance on these forward-looking statements. Although the Company believes that its plans, intentions and expectations reflected in or suggested by these forward-looking statements are reasonable, it cannot provide assurance that it will achieve or realize these plans, intentions or expectations. Should one or more of a number of known and unknown risks and uncertainties materialize, or should any of our assumptions prove incorrect, our actual results or performance may be materially different from those expressed or implied by these forward-looking statements. Some factors that could cause actual results to differ include, but are not limited to, among other things, that conditions to the closing of the acquisition of UZ Energy may not be satisfied, the potential impact on the business of the Company due to the announcement of the acquisition of UZ Energy, the occurrence of any event, change or other circumstances that could give rise to the termination of the purchase agreement therefor, changes in the financial condition, business or prospects of UZ Energy or the Company's discovery of additional information relating thereto, general economic conditions, and other factors described in our filings with the SEC, including in the 'Risk Factors' and 'Management's Discussion and Analysis of Financial Condition and Results of Operations' sections of our most recently filed Annual Report on Form 10-K, Quarterly Report on Form 10-Q and other documents that we have filed, or that we will file, with the SEC. Any forward-looking statements made by us in this press release speak only as of the date on which they are made and subsequent events may cause these expectations to change. We disclaim any obligations to update or alter these forward-looking statements in the future, whether as a result of new information, future events or otherwise, except as required by law.
Yahoo
12-07-2025
- Business
- Yahoo
SES AI (SES) Unveils 'Deep Space' Feature for Battery Research Platform
SES AI Corporation (NYSE:SES) is one of the most popular AI penny stocks to buy according to billionaires. On July 9, the company released an update to its 'Molecular Universe' platform, introducing a new feature called 'Deep Space.' This update, version MU-0.5, is designed to significantly accelerate battery research and development. A person inspecting a lithium-ion battery that is being recycled. Molecular Universe is SES AI's battery material discovery software and service platform. According to the company, the tool 'maps the vast universe of small molecules' relevant to battery chemistry. The platform uses AI and physics to create a searchable database of molecular structures and properties. It aims to fast-track battery research and development by allowing researchers to explore a wide range of potential electrolyte materials. The new 'Deep Space' is an 'agentic capability' built within MU-0.5. It functions as a team of large language model (LLM) agents that conduct 'senior scientist-level battery research,' the company stated. Deep Space is intended for 'intense, focused deep research' aimed at developing 'real commercial product outcomes' rather than just providing answers to general inquiries. It can analyze complex battery questions and recommend electrolyte formulations for different cell chemistries, which can be ranked by performance, novelty, or cost, based on user preferences. SES AI Corporation (NYSE:SES) develops AI-enhanced lithium metal and lithium-ion battery technologies for electric vehicles, drones, robotics, and energy storage systems. Headquartered in Massachusetts, the company integrates AI across its R&D and manufacturing workflows, including its proprietary Molecular Universe platform. While we acknowledge the potential of SES as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: Top 10 Materials Stocks to Buy According to Analysts and 10 Best Defensive Stocks to Buy in a Volatile Market. Disclosure: None. This article is originally published at Insider Monkey. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Business Wire
09-07-2025
- Automotive
- Business Wire
SES AI Launches Agentic Capability in Latest Molecular Universe Release to Increase Value Proposition for R&D as a Service
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 released a new version of Molecular Universe, MU-0.5, that includes a new and exciting feature – Deep Space – to accelerate commercial product development and enhance SES AI's first-mover advantage with R&D as a service in the global battery industry. "Deep Space is intended for intense, focused deep research—enabling users to reach real commercial product outcomes. With rising customer interest, we remain excited by the value Molecular Universe is creating across the battery industry and with OEMs." Share 'Two months after its original release, Molecular Universe has quickly become a popular and powerful tool for battery researchers in companies, national labs, and universities around the world,' said Dr. Qichao Hu, Founder and CEO. 'The excitement the Molecular Universe has generated among current and potential customers is due to their early recognition of the speed of accessing relevant and abundant research insights, and significant cost savings potential due to avoided patent filings, material and equipment in trial and errors, as well as reduced hiring for R&D. We continue to see increased customer interest and remain excited with the value proposition Molecular Universe is creating across the battery industry and with our OEM partners.' 'Based on collaborative input we have received from the largest global battery manufacturers and OEMs that are using and testing Molecular Universe, we have introduced Deep Space, a new agentic capability that conducts in-depth senior scientist level battery research. Deep Space is intended for intense and focused deep research, where users want more than just answers to their curiosity but to actually develop a real commercial product. We believe Deep Space will further enhance our value proposition as it will be able to accelerate customers' go-to-market strategies with new battery innovations. Due to the investment associated with running a multi-agent model required by customers, we anticipate the biggest users will be battery makers, electrolyte and cathode materials producers and automakers, with more limited access for Research, Explorer and Team users,' continued Dr. Hu. Deep Space is built off of Molecular Universe's popular Ask feature. While Ask is powered by an advanced LLM specifically trained on battery domain expertise, Deep Space is powered by an even more powerful multi-agent model. Deep Space can recommend electrolyte formulations for different cell chemistries ranked by performance, novelty, cost, or whatever the user desires. It also reduces time in trial and error and accomplishes in less than one hour what would normally take a human senior scientist months or even years. Users can select regular Ask or Deep Space. A regular Ask query typically returns an answer after 30 seconds, and a Deep Space query typically returns an answer after more than 5 minutes, sometimes as long as 20 minutes. Other new features launched in MU-0.5 include a molecule sketch pad to help users more intuitively find 'friends" (molecules with similar properties), and language support for Mandarin and Korean in addition to English. About SES AI: SES AI Corp. (NYSE: SES) is powering the future of global electric transportation on land and in the air with the world's most advanced Li-Metal batteries. SES AI is the first battery company in the world to accelerate its pace of innovation by utilizing superintelligent AI across the spectrum of its business, from research and development; materials sourcing; cell design; engineering and manufacturing; to battery health and safety monitoring. Founded in 2012, SES AI is an Li-Metal battery developer and manufacturer headquartered in Boston and with operations in Singapore, Shanghai, and Seoul. Learn more at SES AI may use its website as a distribution channel of material company information. Financial and other important information regarding SES AI is routinely posted on and accessible through the Company's website at Accordingly, investors should monitor this channel, in addition to following SES AI's press releases, Securities and Exchange Commission filings and public conference calls and webcasts. Forward-Looking Statements This press release contains statements that SES AI believes are 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, without limitation, statements relating to expectations for future financial performance, business strategies or expectations for our business. These statements are based on the beliefs and assumptions of the management of SES AI. Although SES AI believes that its plans, intentions and expectations reflected in or suggested by these forward-looking statements are reasonable, it cannot provide assurance that it will achieve or realize these plans, intentions or expectations. These statements constitute projections, forecasts and forward-looking statements, and are not guarantees of performance. Such statements can be identified by the fact that they do not relate strictly to historical or current facts. When used in this press release, words such as 'anticipate', 'believe', 'can', 'continue', 'could', 'estimate', 'expect', 'forecast', 'intend', 'may', 'might', 'plan', 'possible', 'potential', 'predict', 'project', 'seek', 'should', 'strive', 'target', 'will', 'would' and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. You should not place undue reliance on these forward-looking statements. Should one or more of a number of known and unknown risks and uncertainties materialize, or should any of SES AI's assumptions prove incorrect, our actual results or performance may be materially different from those expressed or implied by these forward-looking statements. Some factors that could cause actual results to differ include, but are not limited to the following risks: the risk that the market for the Molecular Universe platform is still emerging, and may not achieve the customer interest or growth potential that SES AI expects; risks related to the development and commercialization of SES AI's battery technology and the timing and achievement of expected business milestones; risks relating to the uncertainty of achieving and maintaining profitability; risks relating to the uncertainty of meeting future capital requirements; the ability of SES to integrate its products into electric vehicles ('EVs') and Urban Air Mobility ('UAM"), drones, battery energy storage systems, robotics and other applications; the risk that delays in the pre-manufacturing development of SES AI's battery cells could adversely affect SES AI's business and prospects; the market for air mobility, and for use of Li-Metal technology in air mobility applications, is still emerging and may not achieve the growth potential we expect; risks relating to the development of the UAM market and demand for batteries from the UAM industry; potential supply chain difficulties; the ability of SES AI to engage target original equipment manufacturers ('OEMs') customers successfully and integrate SES AI's products into EVs manufactured by OEM customers; the ability to obtain raw materials, components or equipment through new or existing supply relationships; our use of artificial intelligence and machine learning may result in legal and regulatory risk; risks resulting from SES AI's joint development agreements and other strategic alliances and investments; product liability and other potential litigation, regulation and legal compliance; SES AI's ability to attract, train and retain highly skilled employees and key personnel; developments in alternative technology or other fossil fuel alternatives; risks related to SES AI's intellectual property; business, regulatory, political, operational, financial and economic risks related to SES AI's business operations outside the United States; SES AI's failure to satisfy certain NYSE listing requirements may result in its Class A common stock being delisted from the NYSE, which could eliminate or adversely affect the trading market for SES AI's Class A common stock; the volatility of SES AI's common stock and value of SES AI's public warrants; SES AI has identified material weaknesses in its internal control over financial reporting and may identify material weaknesses in the future or otherwise fail to maintain an effective system of internal controls and the other risks described in 'Part I, Item 1A. Risk Factors' in our annual report on Form 10-K for the fiscal year ended December 31, 2024 filed with the Securities and Exchange Commission ('SEC') on February 28, 2025 and other documents filed from time to time with the SEC. There may be additional risks that SES AI presently knows and/or believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect SES AI's expectations, plans or forecasts of future events and views only as of the date of this press release. SES AI anticipates that subsequent events and developments will cause its assessments to change. However, while SES AI may elect to update these forward-looking statements at some point in the future, SES AI specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing SES AI's assessments as of any date subsequent to the date of this press release. © 2025 SES AI Corp., Confidential and Proprietary
