SES AI Corp (SES) stock surged over 15% in pre-market trading on Friday, after the company unveiled a groundbreaking new battery product utilizing its proprietary AI technology. This marks a major milestone for the AI solutions firm as it targets the rapidly growing humanoid robotics and drone markets.
The newly announced battery is the world's first to use an electrolyte material discovered through SES AI's Molecular Universe AI platform. Designed in the industry-standard 2170 cylindrical cell form factor, it combines enhanced performance from the AI-discovered electrolyte with improved low-temperature operation, high-rate capability, and reduced gassing and thermal risks over traditional lithium-ion cells.
According to SES AI's CEO Qichao Hu, this AI-enhanced battery solves key issues faced by traditional lithium-ion batteries in high-energy applications like robotics and drones. The company estimates this innovation opens up a $50 billion market opportunity in these rapidly emerging sectors by 2033, as demand for advanced battery solutions continues to surge.
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