SES AI Corp (SESCW) company profile
Close on Oct 19, 2026Market cap $293.47MP/E –Yield –
About Ses Ai
Miscellaneous Electrical Machinery, Equipment & Supplies, SIC 3690
SES develops and produces lithium-metal and lithium-ion rechargeable battery technologies and materials powered by its artificial intelligence discovery platform, Molecular Universe. The company offers energy storage systems, advanced battery materials, and specialized cells for drones, urban air mobility, robotics, and electric vehicles, in addition to licensing its platform as a research software tool. Its target customer base encompasses original equipment manufacturers, energy storage operators, drone and fleet mobility operators, and battery researchers.
The company operates leased research, manufacturing, and operational facilities across Woburn, Massachusetts, as well as Shanghai and Shenzhen, China, and Chungju and Seoul, South Korea. As of late 2025, SES employed around 215 full-time personnel across the United States, China, South Korea, and Singapore, and it maintains its corporate headquarters in Woburn, Massachusetts.
Summary of the business section of Ses Ai's latest annual report, written by StockData.
Company profile
Company
- Legal name
- SES AI Corp
- Headquarters
- Woburn, MA
- Address
- 35 Cabot Rd. 01801
- Phone
- (339) 298-8750
- Website
- ses.ai
- Employees
- 215, Dec 31, 2025
- Industry
- Miscellaneous Electrical Machinery, Equipment & Supplies
- Fiscal year ends
- December 31
- Auditor
- Grant Thornton LLP, Boston, Massachusetts
Stock & identifiers
- Ticker
- SESCW
- Other tickers
- SES
- Exchange
- OTC
- IPO date
- Jan 8, 2021
- Shares outstanding
- 371M, Aug 7, 2026
- Public float
- $278.50M, Jun 30, 2025
- Filer category
- Non-accelerated filer<br>Smaller reporting company
- SEC CIK
- 1819142
- CUSIP
- 78397Q117
- ISIN
- US78397Q1177
- FIGI
- BBG00YMYFMH3
- LEI
- 529900HSCKUBL8K4K759
- EIN
- 00-0000000
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Qichao Hu | CEO & CHAIRMAN, Director | 5,449,607 |
| Kang Xu | CHIEF TECHNOLOGY OFFICER | 766,437 |
| Kyle Pilkington | CHIEF LEGAL OFFICER | 1,023,548 |
| Yi Ray Liu | CHIEF FINANCIAL OFFICER | 331,858 |
| Jing Nealis | CHIEF FINANCIAL OFFICER | 2,305,943 |
| Hong Gan | CHIEF SCIENCE OFFICER | 1,031,576 |
| Gang Li | CHIEF MANUFACTURING OFFICER | 353,720 |
| Paul Diemer | Director | – |
| Jiong Ma | Director | 524,993 |
| Eric Luo | Director | 524,993 |
| Andrew J. Boyd | Director | 437,889 |
| Jangwook Choi | Director | 383,400 |
| Michael Noonen | Director | 383,400 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2024 | $4.10M | $9.44M | $1.48M | $22 | $29 |
| FY2023 | $3.53M | $2.93M | $1.06M | $18 | $31 |
| FY2022 | $8.90M | $4.50M | $3.32M | $44 | $54 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Executive compensation, fiscal 2024
Summary compensation table from the latest proxy statement
| Executive | Salary | Stock awards | Incentive pay | Other | Total | vs. prior year |
|---|---|---|---|---|---|---|
| Dr. Qichao Hu Founder, Chief Executive Officer and Director | $530.00K | $3.04M | $424.00K | $102.73K | $4.10M | +16% |
| Jing Nealis Chief Financial Officer | $470.00K | $1.04M | $225.60K | $17.25K | $1.76M | +32% |
| Dr. Hong Gan Chief Science Officer | $335.00K | $724.58K | $134.00K | $9.92K | $1.20M | +10% |
Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.
IPO
From the final prospectus (Form 424B4) and the first day of trading
SPAC offering
- Type
- SPAC (blank check) IPO of units
- Final prospectus filed
- Jan 8, 2021
- Offer price
- $10.00
- Securities offered
- 24,000,000
- Gross proceeds
- $240.00M
- Exchange
- NYSE
- First trading day
- Mar 1, 2021
- First-day close
- $10.75+7.5%
- Lock-up ends (est.)
- Aug 28, 2021
“Each unit has an offering price of $10.00 and consists of one Class A ordinary share and one-third of one redeemable warrant.”
Lock-up end is estimated as 180 days after the first trading day; the prospectus sets the actual terms.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we had approximately 215 full-time employees.”
Corporate history
Events identified from SEC filings