# SES AI Corp
Headquartered in Woburn, Massachusetts, SES AI develops and manufactures lithium metal and lithium ion battery technologies for electric vehicles, urban air mobility, drones, robotics, and stationary energy storage applications. The company produces battery cells and battery materials, including specialized electrolytes, primarily for automotive original equipment manufacturers. Its technology platform integrates artificial intelligence to optimize battery performance and manufacturing processes.
The company operates across the United States and the Asia Pacific region, serving customers in the automotive and emerging mobility sectors. SES AI generates revenue through the sale of lithium metal battery cells and electrolyte materials to manufacturers requiring advanced energy storage solutions. The company maintains a workforce of approximately 250 full-time employees and operates as a publicly traded entity on the New York Stock Exchange with a market capitalization of $0.6 billion.
Fiscal years are as reported by the company and may not align with the calendar year. For example, Apple's FY 2024 ends in September 2024.
| Fiscal Year | EPS Diluted | EPS Basic | YoY | |
|---|---|---|---|---|
| 2024 | $-0.31 | $-0.31 | -82.4% | |
| 2023 | $-0.17 | $-0.17 | +5.6% | |
| 2022 | $-0.18 | $-0.18 | — | |
| 2021 | — | — | — |