Group 1 - SES AI is pursuing growth through acquisitions, highlighted by the acquisition of UZ Energy for approximately $25.5 million, which is subject to undisclosed financial milestone adjustments [2][4] - The acquisition of UZ Energy, which specializes in energy storage systems (ESS) technology, positions SES AI to enter the data center market, enhancing its revenue growth and capabilities in delivering better ESS battery materials [3][4] - SES AI maintained its full-year revenue guidance for 2025, projecting revenue between $15 million and $25 million, despite a preliminary second-quarter revenue estimate of $3.5 million, which is below the $4.3 million consensus [5][6] Group 2 - The acquisition is expected to close later in the current calendar quarter, indicating a swift integration into SES AI's operations [4] - UZ Energy has deployed over 500 megawatt-hours of ESS technology across more than 60 countries, showcasing its established presence in the market [3] - The deal is anticipated to provide real-world data that will enhance SES AI's Molecular Universe capabilities for better battery materials and health monitoring systems [4]

23 May 2025 | 4:38PM CST China Multi-Industry Tariff Impact - Feedback from Appliances, Autos, Industrial Tech & Solar Companies (week of May 23) We have conducted discussions with select companies in the appliances, autos, industrial tech and solar sectors to understand the latest management thoughts on the business outlook following the increase in US tariffs. Details inside. China Consumer Durables We have interviewed selected covered companies within the white goods, consumer electronics and furniture s ...