SES AI appoints Andrew Boyd to board of directors

WOBURN, Mass. - SES AI Corporation (NYSE:SES), a developer of Li-Metal and Li-ion batteries, announced Wednesday the appointment of Andrew Boyd to its Board of Directors. The company’s stock has shown strong momentum recently, posting a 90% gain over the past six months, according to InvestingPro data.

Boyd, currently a Partner at Bramalea Partners, LLC, a technology-focused fund manager he founded in January 2020, replaces Michael Noonen, who resigned to focus on other professional commitments.

Prior to establishing Bramalea, Boyd spent 15 years at Fidelity Management & Research Company, where he ultimately served as Global Head of Equity Capital Markets. He holds a BA (Hons) from the University of Toronto and an LL.B. from the University of Detroit, Mercy.

"On behalf of the Board, I would like to thank Michael for his service and contributions to SES AI over the past three and a half years," said Dr. Qichao Hu, Founder and CEO of SES AI, in a press release statement. "We are pleased to add Andrew to the Board."

SES AI, headquartered in Boston with operations in Singapore, Shanghai, and Seoul, develops and manufactures lithium-metal batteries for electric transportation applications. The company was founded in 2012 and is publicly traded on the New York Stock Exchange. With impressive gross profit margins of 74% and analysts anticipating sales growth this year, SES shows promising operational metrics despite current market challenges. Get deeper insights into SES’s financial health and growth prospects with a comprehensive Pro Research Report, available exclusively on InvestingPro.

In other recent news, SES AI Corp reported its second-quarter earnings for 2025, which showed a revenue shortfall compared to forecasts. The company posted a revenue of $3.5 million, which was below the expected $4.5 million, representing a 22.22% miss. Despite the revenue miss, SES AI Corp’s stock experienced an increase in after-hours trading, although this article will not delve into stock price movements. Investors appeared to respond to other positive aspects of the company’s performance and outlook. There were no reports of mergers or acquisitions in the recent updates. Additionally, analyst firms have not publicly upgraded or downgraded SES AI Corp’s stock following the earnings announcement. These developments provide a snapshot of the current financial situation for SES AI Corp.

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