SES AI Acquires UZ Energy (Shenzhen UZ Energy Co., Ltd.)
September 18, 2025
SES AI Corporation executed a definitive agreement to acquire 100% of UZ Energy, an energy storage systems (ESS) provider, for approximately $25.5 million (subject to earnout adjustments). SES AI later announced the acquisition’s completion, positioning the company to expand reach in the global ESS market—especially in the United States—by combining UZ’s hardware and go-to-market with SES AI’s Molecular Universe software and battery materials.
- Buyers
- SES AI Corporation
- Targets
- UZ Energy, Shenzen UZ Energy Co., Ltd.
- Industry
- Energy
- Location
- China
- Transaction Type
- Buyout
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