SES AI

SES AI

Develops advanced Lithium Metal batteries for EVs

About

SES AI develops advanced Lithium Metal (Li Metal) batteries for electric vehicles (EVs) used in both land and air transportation. These batteries provide higher energy density and longer range compared to traditional lithium-ion batteries. The company caters to a variety of clients, including automotive and aerospace industries, by focusing on research and development, manufacturing, and licensing its battery technology. SES AI stands out from competitors by operating state-of-the-art testing facilities that enhance the safety and effectiveness of their innovations. The goal of SES AI is to contribute to the sustainable energy movement by providing high-performance battery solutions that support the growing electric transportation market.

Company Stage

IPO

Employees

51-200

Industries

Automotive & Transportation, Energy, Aerospace

Total Funding

$581.1M

Headquarters

Woburn, Massachusetts

Founded

2012


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Simplify's Take

What believers are saying

  • Partnership with Hyundai and Kia enhances commercial production capabilities in South Korea.
  • Collaboration with Worcester Polytechnic Institute advances Li-Metal battery recycling technology.
  • New facility in Chungju boosts global cell engineering and complements Shanghai Giga factory.

What critics are saying

  • Recycling technology for Li-Metal batteries is still in its early stages.
  • Rapid expansion may strain resources and lead to operational inefficiencies.
  • Reliance on major automotive partners could impact business if partners' strategies change.

What makes SES AI unique

  • SES AI specializes in advanced Li-Metal batteries for EVs and aerospace.
  • Their materials are compatible with existing Li-ion manufacturing processes, enabling scalability.
  • SES AI's open ecosystem allows seamless integration and faster prototyping for diverse applications.

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Growth & Insights
Headcount

6 month growth

2%

1 year growth

1%

2 year growth

1%

Benefits

Health Insurance

Dental Insurance

Life Insurance

401(k) Company Match

Paid Holidays

Paid Vacation

Employee Assistance Program

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