SES AI Corporation Class A ( (SES) ) has released its Q1 earnings. Here is a breakdown of the information SES AI Corporation Class A presented to its investors.
SES AI Corporation is a company specializing in the development of AI-enhanced lithium-metal and lithium-ion batteries, primarily serving the electric vehicle (EV) and robotics industries, with a focus on innovative material discovery through its Molecular Universe platform.
In its latest earnings report for the first quarter of 2025, SES AI Corporation reported a record revenue of $5.8 million, maintaining its annual revenue outlook of $15 million to $25 million. The company highlighted its strategic initiatives aimed at exiting 2025 with over $200 million in liquidity and a financial runway extending into the second half of 2028.
Key financial highlights include the successful recognition of revenue from contracts with two OEM partners for the development of AI-enhanced batteries for EVs. The company is advancing its Molecular Universe platform, which is designed to mass-produce material discovery and development services across various battery chemistries and markets. SES AI also reported a strong liquidity position of $240 million with no debt, despite a net loss of $12.4 million for the quarter.
The company is actively expanding its AI-enhanced battery applications to humanoid robotics and drones, leveraging its strategic facility in South Korea. The upcoming global release of the Molecular Universe platform is expected to further drive growth and profitability, with early interest from multiple companies across different sectors.
Looking ahead, SES AI Corporation remains focused on disciplined execution and scalable growth, with plans to enhance its commercial team and capitalize on revenue opportunities from 2025 to 2027. The company is positioned to deliver innovative solutions to OEMs and other industry players, supporting its vision for long-term success in the evolving battery market.