SES AI sees 2025 revenue $15M-$25M

The company said, “As we look ahead, SES AI (SES) is well-positioned for continued growth and disciplined investment in 2025. The greater visibility we now have on revenue has allowed us to provide some guidance for 2025. As you know, this will be the first time that we are providing this outlook. Therefore, we are being conservative in our expectations and focusing on the full year outlook rather than any particular quarterly cadence of revenue or expenses. We intend to update this outlook during the year as needed…We anticipate 2025 revenue between $15 million and $25 million, reflecting growth from our expanding partnerships and commercialization efforts. We expect to generate revenue from development of AI-enhanced Li-Metal and Li-ion batteries for EV applications, delivery of battery cells to UAM, drones and robotics customers, and delivery of integrated battery energy storage systems with our Avatar AI for Safety software.”