SES AI Acquires UZ Energy to Boost Revenue Growth and Expand in Energy Storage Market

SES AI Corporation, a global leader in AI-driven high-performance lithium-metal and lithium-ion battery development and manufacturing, has announced its acquisition of UZ Energy, a provider of energy storage systems (ESS), for $25.5 million. The deal, subject to an earnout adjustment based on financial targets, is expected to close in Q3 2025 and hinges on standard closing conditions. This move aims to accelerate SES AI’s revenue growth and profitability while expanding its capabilities in the ESS market. UZ Energy specializes in designing and manufacturing ESS for commercial and industrial use, with over 500 MWh deployed across 60 countries without safety incidents. The acquisition will integrate UZ’s hardware, real-world data, and sales channels into SES AI’s existing Molecular Universe platform, enhancing its capacity to develop advanced ESS battery materials and health monitoring systems. By leveraging UZ’s data, SES AI’s AI models can improve accuracy and performance, positioning the company to capitalize on the rapidly growing demand for reliable energy storage. Qichao Hu, SES AI’s founder and CEO, highlighted the strategic importance of the deal. “AI data centers in the U.S. are projected to triple their share of national electricity use by 2028,” he said. “This acquisition launches us into that critical market, speeds our revenue growth, and strengthens our ability to deliver superior ESS solutions through real-world data training.” Hu emphasized that the integration would allow SES AI to address a key end market, combining its battery innovation with UZ’s established infrastructure. The ESS market, valued at $300 billion, is expanding due to surging demand from AI data centers, which require robust, safe, and cost-effective energy storage. UZ Energy’s expertise in deploying scalable systems and its global network of partners align with SES AI’s goal of offering integrated hardware and software solutions. The acquisition also bolsters SES AI’s presence in the U.S., where it is headquartered, and reinforces its mission to advance sustainable energy storage. A Form 8-K filing with the Securities and Exchange Commission (SEC) provides additional details about the transaction. UZ Energy, founded in 2013, has built a reputation for safety and reliability, with over 500 MWh of ESS installations worldwide. SES AI, established in 2012, focuses on next-generation battery technologies and has operations in Boston, Singapore, Shanghai, and Seoul. The company’s AI-driven approach spans research, materials sourcing, cell design, manufacturing, and battery health monitoring. The transaction underscores the increasing convergence of AI and energy storage, as companies seek to optimize data center operations and support renewable energy adoption. SES AI’s CEO noted the opportunity to leverage UZ’s hardware and data to refine its models, which could lead to more efficient and durable ESS solutions. Forward-looking statements in the release caution that the acquisition’s success depends on meeting closing conditions and that risks such as market fluctuations, regulatory changes, or unanticipated challenges could affect outcomes. The company’s filings with the SEC, including its Annual Report on Form 10-K and Quarterly Report on Form 10-Q, outline potential factors influencing results. SES AI advises investors to monitor its website and official disclosures for updates. This acquisition marks a pivotal step for SES AI as it navigates the competitive landscape of AI-driven energy solutions, aiming to solidify its role in powering the future of electric transportation and data infrastructure.