Overview

• Shares rose 53.2% in September and 62.3% so far in October for a five-week gain of about 148%, according to S&P Global Market Intelligence.
• SES AI plans an Oct. 20 debut of a subscription molecular database that uses Nvidia GPUs and AI to accelerate discovery of electrolyte and other battery materials.
• The company acquired China-based Shenzhen UZ Energy for $25.5 million in mid-September, adding energy storage systems hardware and software capabilities with reach across multiple regions.
• Management reported $2 million in first-year revenue, a 74% gross margin last quarter, and no debt, and it projects $15 million to $25 million in 2025 revenue.
• Market commentary attributes part of the rally to speculation about potential U.S. strategic investment interest, with investors also watching U.S. energy storage demand linked to AI data centers.