Shares of Li-Metal batteries manufacturer SES AI Corporation (NYSE:SES) are trading higher in premarket on Thursday. SES AI has signed contracts valued at up to $10 million with two prominent global OEM partners, marking a milestone in utilizing AI for the discovery of battery materials. These agreements aim to develop electrolyte materials for Li-Metal and Li-ion batteries in automotive applications. SES AI said that a portion of the revenue from these contracts will be recognized in the fourth
SES Secures ~$10M In AI-Powered Battery Contracts; Stock Jumps
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