World’s first battery to use an electrolyte
material discovered by SES AI’s Molecular Universe efforts, a
collaboration with NVIDIA on GPU-accelerated computation
chemistry
SES AI Corporation “SES AI” (NYSE: SES), a global leader in the
development and manufacturing of AI-enhanced high-performance
Li-Metal and Li-ion batteries, today unveiled an entirely new
AI-enhanced 2170 cylindrical cell for emerging humanoid robotics
applications at the 2025 CES Show held at the Las Vegas Convention
Center in Las Vegas, Nevada.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20250106534441/en/
SES unveiled the world’s first battery
using an electrolyte material discovered through its Molecular
Universe efforts, introducing a new AI-enhanced 2170 cylindrical
cell designed for emerging humanoid robotics applications. (Photo:
Business Wire)
SES AI’s new 2170 cylindrical cell is the first battery that
uses an electrolyte discovered by SES AI’s Molecular Universe
effort, which is mapping the physical and chemical properties of
the entire universe of small molecules suitable for battery
electrolytes (10^11 molecules). The latest advancements in GPU and
computing software have accelerated the time to map the single
molecule properties of the Molecular Universe from more than 8,000
years to just 2 months. This transformation in molecule discovery
originates from the collaboration SES AI entered into with NVIDIA,
Supermicro and Crusoe in September 2024 and was featured at the
2024 Supercomputing event.
This AI-enhanced 2170 cylindrical cell combines both the
industry-standard form factor and large-scale availability of 2170
Li-ion cells with the enhanced low temperature, high-rate
performance and high-capacity cycling stability, and reduced
gassing and thermal risks of this new electrolyte discovered by AI.
The new cell delivers a compact easy-to-integrate high-energy
density and high-power density cell for customers in humanoid
robots, drones and other applications.
Founder and CEO Qichao Hu, noted, “We were asked by several OEMs
to find an electrolyte that would solve the gassing and poor low
temperature cycling and rate performance issues they were
experiencing with traditional Li-ion 2170 cells used in high-energy
applications. We believe the new electrolyte we have discovered
through our AI solves this issue and opens a new market for us in
Li-ion 2170 cells, which are predominantly used in robotics and
drone applications. The worldwide market for Li-ion cylindrical
cells alone is currently estimated at $10bn in 2023 and expected to
grow to $50bn by 2033 according to Allied Market Research. Using
this electrolyte in our new cells as well as Li-Metal applications
creates additional revenue potential we had not previously
anticipated.”
Come and learn about these AI-enhanced 2170 cylindrical cells
at:
Location: CES 2025, Booth 9353, LVCC North Hall
Dates: January 7th to 10th
Please contact partnership@ses.ai to schedule one-on-one
meetings at CES 2025
About SES AI:
SES AI Corp. (NYSE: SES) is powering the future of global
electric transportation on land and in the air with the world’s
most advanced Li-Metal batteries. SES AI is the first battery
company in the world to accelerate its pace of innovation by
utilizing superintelligent AI across the spectrum of its business,
from research and development; materials sourcing; cell design;
engineering and manufacturing; to battery health and safety
monitoring. Founded in 2012, SES AI is an Li-Metal battery
developer and manufacturer headquartered in Boston and with
operations in Singapore, Shanghai, and Seoul. Learn more at
SES.AI.
SES AI may use its website as a distribution channel of material
company information. Financial and other important information
regarding SES AI is routinely posted on and accessible through the
Company’s website at www.ses.ai. Accordingly, investors should
monitor this channel, in addition to following SES AI’s press
releases, Securities and Exchange Commission filings and public
conference calls and webcasts.
Forward-Looking Statements
This press release contains statements that SES AI believes are
“forward-looking statements” within the meaning of the Private
Securities Litigation Reform Act of 1995. These forward-looking
statements include, without limitation, statements relating to
expectations for future financial performance, business strategies
or expectations for our business. These statements are based on the
beliefs and assumptions of the management of SES AI. Although SES
AI believes that its plans, intentions and expectations reflected
in or suggested by these forward-looking statements are reasonable,
it cannot provide assurance that it will achieve or realize these
plans, intentions or expectations. These statements constitute
projections, forecasts and forward-looking statements, and are not
guarantees of performance. Such statements can be identified by the
fact that they do not relate strictly to historical or current
facts. When used in this press release, words such as “anticipate”,
“believe”, “can”, “continue”, “could”, “estimate”, “expect”,
“forecast”, “intend”, “may”, “might”, “plan”, “possible”,
“potential”, “predict”, “project”, “seek”, “should”, “strive”,
“target”, “will”, “would” and similar expressions may identify
forward-looking statements, but the absence of these words does not
mean that a statement is not forward-looking.
You should not place undue reliance on these forward-looking
statements. Should one or more of a number of known and unknown
risks and uncertainties materialize, or should any of SES AI’s
assumptions prove incorrect, our actual results or performance may
be materially different from those expressed or implied by these
forward-looking statements. Some factors that could cause actual
results to differ include, but are not limited to the following
risks: risks related to the development and commercialization of
SES AI’s battery technology and the timing and achievement of
expected business milestones; risks relating to the uncertainty of
achieving and maintaining profitability; risks relating to the
uncertainty of meeting future capital requirements; the ability of
SES to integrate its products into electric vehicles (“EVs”) and
Urban Air Mobility (“UAM"), drones and other applications; the risk
that delays in the pre-manufacturing development of SES AI’s
battery cells could adversely affect SES AI’s business and
prospects; the market for air mobility, and for use of Li-Metal
technology in air mobility applications, is still emerging and may
not achieve the growth potential we expect; the risk that the
market for SES AI’s AI-based services is still emerging, and its AI
programs may not achieve the growth potential SES AI expects; risks
relating to the development of the UAM market and demand for
batteries from the UAM industry; potential supply chain
difficulties; the ability of SES AI to engage target original
equipment manufacturers (“OEMs”) customers successfully and
integrate SES AI’s products into EVs manufactured by OEM customers;
the ability to obtain raw materials, components or equipment
through new or existing supply relationships; our use of artificial
intelligence and machine learning may result in legal and
regulatory risk; risks resulting from SES AI’s joint development
agreements and other strategic alliances and investments; product
liability and other potential litigation, regulation and legal
compliance; SES AI’s ability to attract, train and retain highly
skilled employees and key personnel; developments in alternative
technology or other fossil fuel alternatives; risks related to SES
AI’s intellectual property; business, regulatory, political,
operational, financial and economic risks related to SES AI’s
business operations outside the United States; SES AI’s failure to
satisfy certain NYSE listing requirements may result in its Class A
common stock being delisted from the NYSE, which could eliminate or
adversely affect the trading market for SES AI’s Class A common
stock; the volatility of SES AI’s common stock and value of SES
AI’s public warrants; and the other risks described in “Part I,
Item 1A. Risk Factors” in our annual report on Form 10-K for the
fiscal year ended December 31, 2023 filed with the Securities and
Exchange Commission (“SEC”) on February 27, 2024 and other
documents filed from time to time with the SEC. There may be
additional risks that SES AI presently knows and/or believes are
immaterial that could also cause actual results to differ from
those contained in the forward-looking statements. In addition,
forward-looking statements reflect SES AI’s expectations, plans or
forecasts of future events and views only as of the date of this
press release. SES AI anticipates that subsequent events and
developments will cause its assessments to change. However, while
SES AI may elect to update these forward-looking statements at some
point in the future, SES AI specifically disclaims any obligation
to do so. These forward-looking statements should not be relied
upon as representing SES AI’s assessments as of any date subsequent
to the date of this press release.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20250106534441/en/
For the media: pr@ses.ai
For investors: ir@ses.ai
SES AI (NYSE:SES)
Historical Stock Chart
From Dec 2024 to Jan 2025
SES AI (NYSE:SES)
Historical Stock Chart
From Jan 2024 to Jan 2025