Ses Ai(NYSE) SES

SES AI Corporation makes advanced batteries for electric cars. Its technology helps drones fly longer and stores renewable energy. The company uses artificial intelligence to keep its batteries safe.

The Battery Menu

• Energy Storage Systems: Stationary battery setups used by residential and commercial customers to store power.
• Drone Battery Cells: Specialized power units designed for unmanned aircraft and robotic systems.
• Battery Materials: Chemical components like electrolytes sold to car companies and other manufacturers.
• Development Services: Research and engineering work focused on creating custom battery materials for industrial clients.

Growing the Footprint

• Acquired UZ Energy in the third quarter of 2025 to expand into the stationary energy storage market.
• Commercialized the Molecular Universe platform to offer artificial intelligence-enhanced material discovery solutions.
• Formed a partnership with Hisun to manufacture novel battery materials at a commercial scale.
• Started developing production capacity for drone cells that meet U.S. government security and sourcing standards.

The AI Advantage

SES uses superintelligent artificial intelligence to speed up how it discovers new materials and monitors battery health. The company maintains a lower-cost business model by partnering with third parties for large-scale manufacturing instead of managing all production in-house.

A Look at the Numbers

• Revenue was $5.1 million for the three months ended June 30, 2026, up 43.8% year over year.
• Research and development expenses were $11.4 million for the three months ended June 30, 2026, down 40.5% year over year.
• Net loss was $30.0 million for the six-month period ended June 30, 2026, compared to $35.1 million for the same period in 2025.
• Market capitalization reached $359.8 million as of the second quarter of 2026.

Bottom Line

SES has transitioned from an early-stage developer into a provider of batteries for storage and flight. Its combination of artificial intelligence and partner-led manufacturing allows it to innovate while managing infrastructure expenses.