---
schema_version: "secwatch.filing_event.v1"
accession: "0001819142-24-000030"
form_type: "8-K"
ticker: "SES"
cik: "0001819142"
company_name: "SES AI Corp"
filed_at: "2024-07-29T23:59:59+00:00"
generated_at: "2026-05-31T15:45:54.231937+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# SES AI announces 'All-in on AI' strategy; Q2 net loss $19.9M; lowers FY cash guidance to $100-120M

## Summary
- Q2 GAAP operating expenses $24.6M, net loss $19.9M ($0.06/share); cash used in ops $22.1M, capex $3.7M.
- Ended Q2 with $294.7M liquidity; updated FY cash usage guidance lowered to $100-120M (from $110-130M).
- AI for Safety model predicted 100% of >40 battery incidents 10-30 cycles early; pre-trained on 15,000 Li-Metal cells.
- UAM battery lines to start production in October; cell testing agreements signed; Hyundai B-sample line on track for Q4 2024.
- Introduced Molecular Universe initiative to map molecular properties; Electrolyte Foundry operational since April 2024.

## SEC filing metadata
- accession: 0001819142-24-000030
- form_type: 8-K
- ticker: SES
- cik: 0001819142
- company_name: SES AI Corp
- filed_at: 2024-07-29T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1819142/000181914224000030/0001819142-24-000030-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1819142/000181914224000030/ses-20240729x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001819142-24-000030
- JSON: https://secwatch.observer/filing/0001819142-24-000030.json
- Plain text: https://secwatch.observer/filing/0001819142-24-000030.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.