- SES AI (SES, Financial) reports record first-quarter 2025 revenue of $5.8 million.
- The company announces a $30 million share repurchase program.
- SES AI will launch its Molecular Universe software platform next week.
SES AI Corporation (SES), a leader in AI-enhanced Li-Metal and Li-ion battery development, announced its financial results for Q1 2025, recording a significant revenue milestone of $5.8 million. This represents an impressive start for the year, aligning with the company's strategic financial goals for 2025.
In a notable move to boost shareholder value, the Board of Directors has approved a $30 million share buyback program. This initiative underscores SES AI's commitment to returning value to its shareholders and confidence in its long-term growth prospects.
The company also reinforced its financial guidance for the remainder of 2025, projecting an end-of-year liquidity position exceeding $200 million. This projection highlights SES AI's robust financial health and its capacity to support ongoing and future innovations in electric vehicle (EV) battery technology.
Adding to its strategic advancements, SES AI plans to launch the Molecular Universe software and service platform next week. This platform is designed to facilitate the discovery of molecules across various battery chemistries, enhancing the development of battery technologies tailored for diverse applications.
SES AI's commitment to innovation and strategic growth is further demonstrated by the promising reception of its AI-enhanced 2170 battery cells, which are expected to contribute significantly to the battery energy storage system (BESS) sector.
Investors and interested parties can engage with the company's developments through a live conference call scheduled for April 25 at 9:00 a.m. Eastern Time. A webcast of the event will be accessible via SES AI's Investor Relations website.
