24/7 Market News Snapshot 28 July, 2025 – SES AI Corporation (NYSE:SES)

July 28, 2025

DENVER, Colo., 28 July, 2025 (www.247marketnews.com) – (NYSE:SES) are discussed in this article.
SES AI Corporation has made significant strides in the financial markets, opening at $1.20 and demonstrating an impressive trading increase to $1.365, which reflects a rise of approximately 15.68%. Following a previous closing price of $1.18, this surge indicates a strong positive sentiment among investors. With a trading volume of 13.00 million shares, activity is considerably robust, suggesting heightened engagement in the stock. Analysts are closely monitoring the stock’s performance, as current moving averages and relative strength index (RSI) suggest the potential for continued upward momentum, making the forthcoming trading sessions critical for testing resistance levels and establishing a new support base.

In a strategic move to bolster its market position, SES AI Corporation recently announced its intention to acquire UZ Energy, an accomplished provider of energy storage systems (ESS), in a deal valued at approximately $25.5 million. This acquisition is poised to enhance SES AI’s offerings in the rapidly evolving global ESS market, which is projected to reach $300 billion in the next three years. UZ Energy has distinguished itself through a successful deployment of over 500 MWh of ESS products across more than 60 countries, maintaining an impeccable safety record.

Qichao Hu, Founder and CEO of SES AI, emphasized the strategic importance of this acquisition in light of projected growth in AI data center electricity usage. Integrating UZ Energy’s cutting-edge technology and data will not only augment SES AI’s existing Molecular Universe platform but will also enable the company to deliver advanced battery materials and health monitoring solutions. The acquisition is anticipated to finalize in the third quarter of 2025, subject to customary conditions, and underscores SES AI’s commitment to innovation and leadership in energy storage solutions.

Related news for (SES)

NASDAQ and NYSE quotes and data are delayed 15 minutes unless indicated otherwise. Market data and exchange information are provided for informational purposes only and is not intended for trading purposes. Neither 24/7 Market News Editors, 247 Market News, or data and content providers shall be liable for any errors or omissions, delays, misquotes or other market information relayed in any press materials. You should Use Realtime data to conduct due diligence before investing or trading, and trading in any stock is risky you could lose all your money.