NYSE:SESElectrical
SES AI Shifts Toward Defense And Storage With New Contracts And AI
SES AI (NYSE:SES) has converted its South Korea facility to produce NDAA-compliant drone battery cells for defense customers.
The company signed a multi-year, $20 million distribution agreement with ATG EPower for North American energy storage systems.
SES AI is applying AI tools to optimize defense-focused battery products, expanding its use of the technology beyond R&D.
SES AI, trading at about $0.921 per share, is shifting focus beyond long-cycle EV battery development toward products...