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SES AI

Closed (deSPAC)

Consumer Discretionary · lithium-metal battery cell manufacturing

What it is
A private company in consumer discretionary preparing to list via a SPAC merger. Full profile in progress.
What it’s doing now
Merging with Ivanhoe Capital Acquisition Corp. (IVAN) — closed (despac).
What you should know
Data is still being assembled for this company — what is shown below is everything we have verified so far.
Profile in progress — we only publish what we can verify in filings, and for this company that work isn’t finished. Identity and deal facts above are current; business detail, financials and peers will appear as the filings are parsed.

What the company says about itself

Web research — not audited

SES AI Corp. is a company focused on accelerating the energy transition through material discovery and battery management using AI. It produces high energy density Li-Metal and Li-ion batteries for transportation (EVs, UAM), storage, robotics, and drones. The company operates business units in Drones, ESS, Materials, and offers the Molecular Universe AI4Science SaaS platform.

Markets:
Batteries | Energy Storage | AI/Science | Drones/UAM | Materials
Products:
Li-Metal batteries | Li-ion batteries | Molecular Universe Platform | MU-2.0 | MU-3.0 | NDAA-Compliant Drone Cell Production
Customers:
General Motors | Honda R&D | Hyundai Motor | Kia
What our web check found

[WEB-INTEL 2026-08-26] 4 finding(s) · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "EV battery maker SES Holdings to go public in $3.6 bln SPAC deal" [https://www.reuters.com/world/ev-battery-maker-ses-holdings-go-public-36-bln-spac-deal-2021-07-13/] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "(IVAN.N) will fetch $476 million in proceeds for SES, including a private" [https://www.reuters.com/world/ev-battery-maker-ses-holdings-go-public-36-bln-spac-deal-2021-07-13/] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "The combined company to begin trading on the New York Stock Exchange on February 4, 2022 under the ticker symbols “SES” and “SES WS”." [https://www.businesswire.com/news/home/20220203005953/en/SES-Announces-Closing-of-Business-Combination-With-Ivanhoe-Capital-Acquisition-Corp.] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "IVAN shareholders have approved the business combination at the Extraordinary General Meeting held on February 1, 2022." [https://www.businesswire.com/news/home/20220201006206/en/Business-Combination-of-SES-and-Ivanhoe-Capital-Acquisition-Corp.-Approved-by-Ivanhoe-Shareholders]

Source: https://www.ses.ai/ · captured Aug 26, 2026 · marketing claims are reported as claims, never merged into the filed figures above.

The deal it’s entering

SES AI is merging with Ivanhoe Capital Acquisition Corp. (IVAN) currently marked Closed (deSPAC).

Headline equity value—
PIPE≈ $200M · unsourced

Structure per SEC accession(s) 0001104659-21-102959. How to read these numbers: headline vs effective valuation · what a definitive agreement commits

What exactly is being valued, and at what

Common questions

Is SES AI going public?

SES AI has an approved merger with the SPAC Ivanhoe Capital Acquisition Corp. (IVAN). Deal status: Closed (deSPAC).

Does SES AI have revenue?

The filings we've parsed don't state a usable revenue figure yet; this profile is updated as new documents land.

Educational content, not investment advice.

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