SES AI (SES) Sheds 6% on Profit-Taking

Core Viewpoint - SES AI Corporation (NYSE:SES) is experiencing a decline in share prices due to profit-taking after a recent surge, with a notable drop of 6.28% to close at $1.79 per share [1]. Group 1: Financial Performance - SES AI's share price fell for the third consecutive day, indicating a trend of profit-taking among investors following a Christmas rush [1]. - The company reported a 6.28% decrease in share price on Tuesday, closing at $1.79 [1]. Group 2: Product Development - SES AI presented its latest version of Molecular Universe (MU-1.5) at the 5th annual Battery World, showcasing new features based on proprietary molecular databases [2]. Group 3: Strategic Partnerships - SES AI announced plans to collaborate with Top Material to enhance cell manufacturing capacity in Korea, targeting applications in drones and urban air mobility (UAM), with a definitive agreement expected in Q1 2026 [3]. - The partnership aims to establish a secure and cost-efficient battery supply chain for drone customers and ensure compliance with the US National Defense Authorization Act [4]. - CEO Qichao Hu emphasized the long-standing relationship with Top Material, highlighting their role in scaling manufacturing capacity to meet growing demand [5].