SES AI CorpNYSE SES Stock Report

SES AI Corp. is engaged in the development and production of high-performance Li-Metal rechargeable battery technology for electric vehicles (EVs) and other applications. The company is headquartered in Woburn, Massachusetts and currently employs 200 full-time employees. The company went IPO on 2021-03-01. The firm is engaged in the development and production of Li-Metal rechargeable batteries for electric vehicles (EV) and other applications. Its Li-Metal batteries combine the high energy density of Li-Metal with the manufacturing of conventional Li-ion batteries. The company focuses on systems approach to develop and commercialize Li-Metal batteries, and it has three main development tracks: Hermes, a platform for new material development; Apollo, an Engineering capability for large automotive cells, and Avatar, an artificial intelligence (AI)-powered safety software to monitor battery health. Hermes cells consist of approximately 25+ layers of cathode and anode. The company is used to develop, test, and qualify novel electrolytes (high concentration solvent-in-salt), anode protective coatings, separators, cathodes (both high nickel for premium vehicles and nickel/cobalt free for value vehicles) and other materials.