Associated tags: Telecommunications, Atmosphere, Ticker, SES, Manufacturing, EVS, NYSE, Automotive, Alternative Energy, EV, Electric Vehicles, Energy, Satellite, Transport, Automotive Manufacturing, Hardware, Transportation, Travel, Engineering, Other Transport, Trucking, Other Manufacturing
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Other Technology SES AI Corporation (“SES AI”) (NYSE: SES), a global leader in the development and manufacturing of high-performance Li-Metal batteries, today announced it will attend and present at two investor conferences in June.
Key Points:
- SES AI Corporation (“SES AI”) (NYSE: SES), a global leader in the development and manufacturing of high-performance Li-Metal batteries, today announced it will attend and present at two investor conferences in June.
- Date: June 11, 2024, 3:25pm ET (presentation); June 11-12, 2024 (investor meetings)
Event Details: Dr. Qichao Hu, Founder, Chairman and CEO, will make a presentation and conduct investor meetings.
- Date: June 12, 2024, 3:25pm ET (presentation); June 11-12, 2024 (investor meetings)
Event Details: Dr. Hu will make a presentation and conduct investor meetings.
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Science SES AI Corporation (“SES AI”) (NYSE: SES), a global leader in the development and manufacturing of high-performance Li-Metal batteries, today announced that Dr. Qichao Hu, Founder, Chairman and CEO, will participate in the upcoming Water Tower Research Fireside Chat Series taking place Wednesday, May 22, 2024, at 2:00 p.m. Eastern Time.
Key Points:
- SES AI Corporation (“SES AI”) (NYSE: SES), a global leader in the development and manufacturing of high-performance Li-Metal batteries, today announced that Dr. Qichao Hu, Founder, Chairman and CEO, will participate in the upcoming Water Tower Research Fireside Chat Series taking place Wednesday, May 22, 2024, at 2:00 p.m. Eastern Time.
- The fireside chat will be hosted by Shawn Severson, CEO & Co-Founder of Water Tower Research, and will cover the following topics:
How the Company’s proprietary and superintelligent AI platform significantly improves the science and safety of its Li-Metal batteries for EV (electric vehicle) and UAM (urban air mobility) end user-markets.
- How SES AI is revolutionizing the development and commercialization of electrolyte materials for Li-Metal batteries.
- Interested parties can register for the event through Water Tower Research at: https://us06web.zoom.us/webinar/register/WN_wyWVtsydR4ugxBWPQqzhPw
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Security (finance) SES expects most of these contracts to be renewed during the coming years resulting in continued stream of cash generating revenue and EBITDA.
Key Points:
- SES expects most of these contracts to be renewed during the coming years resulting in continued stream of cash generating revenue and EBITDA.
- In January 2024, SES repaid its €550 million hybrid bond with cash, reducing SES gross debt to €3.6 billion.
- In connection with the proposed transaction, SES intends to file with the SEC a registration statement on Form F-4 that also constitutes a prospectus of SES.
- Copies of the documents filed with the SEC by SES will be available free of charge on SES’s website at www.ses.com or by contacting SES’s Investor Relations Department by email at [email protected] .
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Hyundai Motor Company SES AI Corporation (“SES AI”) (NYSE: SES), a global leader in the development and manufacturing of high-performance Li-Metal batteries, today announced its first quarter 2024 business results for the period ended March 31, 2024.
Key Points:
- SES AI Corporation (“SES AI”) (NYSE: SES), a global leader in the development and manufacturing of high-performance Li-Metal batteries, today announced its first quarter 2024 business results for the period ended March 31, 2024.
- “The game-changing collaboration with Hyundai Motor Company and Kia Corporation is one of the more significant milestones we have reached to date,” stated Dr. Qichao Hu, Founder and CEO.
- A webcast of the live conference call will be available through SES’s Investor Relations website, https://investors.ses.ai .
- The conference call can also be accessed live over the phone by dialing the following numbers:
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Government Adjusted EBITDA of €275 million represented an Adjusted EBITDA margin of 55% (Q1 2023: 54%).
Key Points:
- Adjusted EBITDA of €275 million represented an Adjusted EBITDA margin of 55% (Q1 2023: 54%).
- Adjusted EBITDA excludes significant special items of €6 million (Q1 2023: €13 million), comprising net U.S. C-band expenses of €1 million (Q1 2023: net expenses of €4 million) and expense of other significant special items of €5 million (Q1 2023: €9 million).
- In January 2024, SES called and repaid the €550 million hybrid bond and expects to repay approximately €450 million of additional upcoming debt maturities.
- For Full Year 2024, SES will move to a semi-annual distribution with an interim dividend of €0.25 per A-share (€0.10 per B-share) to be paid in October 2024 and final dividend, subject to shareholder approval, of at least €0.25 per A-share (€0.10 per B-share) to be paid in April 2025.
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Network SES S.A. (“SES”) and Intelsat S.A. (“Intelsat”) announce an agreement for SES to acquire Intelsat through the purchase of 100% of the equity of Intelsat Holdings S.a.r.l.
Key Points:
- SES S.A. (“SES”) and Intelsat S.A. (“Intelsat”) announce an agreement for SES to acquire Intelsat through the purchase of 100% of the equity of Intelsat Holdings S.a.r.l.
- PJT Partners served as financial advisor to Intelsat and rendered a fairness opinion to the Intelsat S.A. Board of Directors.
- The financial information presented for SES and Intelsat does not apply a consistent set of accounting policies.
- Pro forma financial information are aggregations of the corresponding SES and Intelsat financial information, adjusted for the elimination of material intra-group transactions.
Retrieved on:
Wednesday, April 24, 2024
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Automotive industry SES AI Corporation (“SES AI”) (NYSE: SES), a global leader in the development and manufacturing of high-performance Li-Metal batteries, today announced that it signed an agreement to enter the next phase of its existing joint development agreement (“JDA”) with Hyundai Motor Company (‘’Hyundai Motor’’) and Kia Corporation (“Kia”) to start developing B samples.
Key Points:
- SES AI Corporation (“SES AI”) (NYSE: SES), a global leader in the development and manufacturing of high-performance Li-Metal batteries, today announced that it signed an agreement to enter the next phase of its existing joint development agreement (“JDA”) with Hyundai Motor Company (‘’Hyundai Motor’’) and Kia Corporation (“Kia”) to start developing B samples.
- This collaboration is the first of its kind in the Li-Metal battery industry and represents an important milestone in achieving commercial production.
- The expansion of the relationship with Hyundai Motor and Kia means that SES AI is the first Li-Metal battery company in the world to have two B-sample development JDAs underway.
- Based in the Boston suburb of Woburn, Massachusetts with operations in Shanghai and Seoul, SES AI is backed by Hyundai Motor and Kia, General Motors Co., and Honda Motor Co.
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Medical device SES AI Corporation (“SES AI”) (NYSE: SES), a global leader in the development and manufacturing of high-performance Li-Metal batteries, today announced it will attend and present at the following industry and investor conferences.
Key Points:
- SES AI Corporation (“SES AI”) (NYSE: SES), a global leader in the development and manufacturing of high-performance Li-Metal batteries, today announced it will attend and present at the following industry and investor conferences.
- Event Details: Dr. Qichao Hu will discuss Li-metal batteries for Electric Vehicles (EVs) and Urban Air Mobility (UAM), as well as AI for battery science and safety.
- Event Details: Dr. Qichao Hu will discuss Li-Metal batteries for Electric Vehicles (EVs) and Urban Air Mobility (UAM), as well as AI for battery science and safety.
- Date: May 23, 2024, 1:45pm ET (fireside chat); May 22-23, 2024 (1x1 investor meetings)
Event Details: Dr. Qichao Hu will have a fireside chat hosted by TD Cowen equity research and several investor meetings.
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Electric battery SES AI Corporation (“SES AI”) (NYSE: SES), a global leader in the development and manufacturing of high-performance Li-Metal batteries, today announced that it will fund a new research initiative at Worcester Polytechnic Institute (WPI) to develop state-of-the-art recycling technology for lithium metal.
Key Points:
- SES AI Corporation (“SES AI”) (NYSE: SES), a global leader in the development and manufacturing of high-performance Li-Metal batteries, today announced that it will fund a new research initiative at Worcester Polytechnic Institute (WPI) to develop state-of-the-art recycling technology for lithium metal.
- To date, recycling for lithium-ion batteries exists at an early stage but recycling technology for Li-Metal batteries has not yet been developed.
- Recycling Li-Metal batteries can be critical in the reduction of the shortage of raw materials and environmental problems.
- “I feel honored and excited to work with SES AI, a global leader on Li-Metal battery recycling,” said Professor Wang.
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Manufacturing SES AI Corporation (“SES AI”) (NYSE: SES), a global leader in the development and manufacturing of high-performance Li-Metal batteries, today announced it will release its 2024 first quarter business results after market close on Thursday, May 2, 2024.
Key Points:
- SES AI Corporation (“SES AI”) (NYSE: SES), a global leader in the development and manufacturing of high-performance Li-Metal batteries, today announced it will release its 2024 first quarter business results after market close on Thursday, May 2, 2024.
- The Company will hold a conference call on Friday, May 3, 2024, at 9:00 a.m. Eastern Time.
- A webcast of the live conference call will be available through SES’s Investor Relations website, https://investors.ses.ai .
- The conference call can also be accessed live over the phone by dialing the following numbers:
