Earnings Call Summary | SES AI Corp(SES.US) Q1 2024 Earnings Conference
Earnings Call Summary | SES AI Corp(SES.US) Q1 2024 Earnings Conference
The following is a summary of the SES AI Corporation (SES) Q1 2024 Earnings Call Transcript:
以下是SES AI公司(SES)2024年第一季度業績電話會議記錄的摘要:
Financial Performance:
財務業績:
SES AI reported GAAP operating expenses of $21.3 million in the first quarter of 2024.
Cash used in operations was $9 million with a payment of $11 million received from OEM partners.
The company had capital expenditures of $6.8 million during the quarter.
At the end of the first quarter, SES AI reported liquidity of $319 million.
For the full year 2024, cash usage from operations is expected to be in the range of $90 million to $100 million, with projected capital expenditures of $20 million to $30 million.
SES AI報告稱,2024年第一季度的GAAP運營支出爲2,130萬美元。
運營中使用的現金爲900萬美元,從OEM合作伙伴處收到了1,100萬美元的付款。
該公司在本季度的資本支出爲680萬美元。
在第一季度末,SES AI報告的流動性爲3.19億美元。
2024年全年,運營現金使用量預計在9000萬美元至1億美元之間,預計資本支出爲2,000萬至3000萬美元。
Business Progress:
業務進展:
SES AI advances towards commercializing its Lithium-Metal technology for both EV and UAM applications.
New partnerships with Hyundai, Honda, and GM have been established, further validating the high-density battery technology platform.
The next phase of the Hyundai partnership will focus on scaling manufacturing to meet demand.
Future plans include building one of the largest capacity Lithium-Metal lines in the world and converting an existing EV line in Korea into a UAM-dedicated line.
The company is integrating Avatar AI to monitor battery health and predict incidents, aiming for a 95% prediction accuracy by the end of the year.
SES AI is integrating sustainability into their operations through recycling initiatives for Lithium-Metal batteries and working on dry electrodes to reduce chemical solvent evaporation.
SES AI在將其用於電動汽車和UAM應用的鋰金屬技術商業化方面取得了進展。
與現代、本田和通用汽車建立了新的合作伙伴關係,進一步驗證了高密度電池技術平台。
現代汽車合作伙伴關係的下一階段將側重於擴大製造規模以滿足需求。
未來的計劃包括建造世界上容量最大的鋰金屬生產線之一,並將韓國現有的電動汽車生產線改造成UAM專用生產線。
該公司正在整合Avatar AI來監控電池運行狀況和預測事件,目標是到今年年底實現95%的預測準確率。
SES AI正在通過鋰金屬電池的回收計劃和研究乾電極以減少化學溶劑蒸發,將可持續發展納入其運營。
More details: SES AI Corp IR
更多詳情: SES AI Corp IR
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