SES AI Projects Q1 2025 Revenue and Liquidity; Sets Conference Call Date for Results
SES AI Corporation, a global leader in the development and manufacturing of AI-enhanced high-performance lithium metal and lithium-ion batteries, has released its preliminary unaudited revenue results and expected liquidity for the first quarter of 2025. The company, listed on the New York Stock Exchange (NYSE: SES), is based in Woburn, Massachusetts. SES AI expects to report a first quarter revenue of between $5.0 million and $5.8 million, which aligns with its full-year 2025 guidance. This revenue range reflects the company's ongoing efforts to advance its battery technology and secure new contracts in the growing AI and energy storage markets. In terms of liquidity, the company anticipates having a strong cash position at the end of the first quarter, indicating robust financial health and the ability to continue investing in research and development. The exact liquidity figures will be provided during the first quarter earnings call, which is scheduled for a later date. The preliminary results underscore SES AI's commitment to transparency and proactive communication with its investors. The company will hold a conference call to discuss these first quarter results in detail, providing insights into its financial performance, strategic initiatives, and future outlook. The specific date and time of the conference call will be announced shortly. SES AI's AI-driven battery technology is designed to offer higher efficiency, longer lifespan, and enhanced safety features compared to traditional batteries. These advancements are particularly crucial as the demand for sustainable and high-performance energy solutions continues to surge across industries, including automotive, consumer electronics, and renewable energy. Staying at the forefront of this technology, SES AI has been actively collaborating with leading automotive manufacturers and technology firms to integrate its batteries into various applications. These partnerships are critical for scaling production and meeting the growing market demand, which is expected to drive further growth for the company in the coming quarters. Investors and analysts will be keen to hear more about SES AI's progress during the conference call, as the company continues to innovate and expand its market presence. The call will also provide an opportunity to address any concerns and answer questions about the company's financial health and strategic direction. Stay tuned for more updates and the official announcement of the conference call details, which will be shared via the company's usual communication channels. SES AI remains a key player in the rapidly evolving landscape of AI-enhanced battery technology, and its first quarter results are an encouraging sign of its ongoing success and potential for future growth.