Revenue PerformanceSES reported $5.8 million in revenue, almost triple expectations, with the full-year guide of $15 million to $20 million maintained.
Share RepurchaseThe board approved a $30 million share repurchase program, signaling management's belief that the company is undervalued and aiming to bolster the stock price.
Technology AdvancementSES's pivot to high silicon content anodes and broadening material discovery efforts reinforces the belief that silicon technology is winning over Li-metal.