Ilika (IKA)

Sector:

Electronic and Electrical Equipment

Index:

FTSE AIM All-Share

 34.50p
   
  • Change Today:
      0.000p
  • 52 Week High: 51.00
  • 52 Week Low: 14.75
  • Currency: UK Pounds
  • Shares Issued: 180.80m
  • Volume: 21,919
  • Market Cap: £62.38m
  • Beta: 0.03

Ilika reaches milestone in Goliath battery roadmap

By Josh White

Date: Monday 20 Nov 2023

LONDON (ShareCast) - (Sharecast News) - Solid-state battery technology developer Ilika announced a significant milestone in its Goliath roadmap on Monday, achieving the D4 development point.
The AIM-traded firm said the milestone was a design-freeze moment crucial to creating the P1 prototype - an essential step on its journey towards its minimum viable product (MVP) slated for 2025.

It said the P1 Goliath prototype would be a solid-state pouch cell featuring an NMC cathode and a silicon anode.

With newly attainable data sets, the company said it was now prepared to produce P1 samples of four-layer stacks for sale to original equipment manufacturers (OEMs) for testing.

The company would manufacture and test pouch cells in the coming six months based on the D4 development point.

The efforts would culminate in delivering fully characterised P1 cells to as many as 15 customers in 2024.

Ilika said it was engaged in discussions with its customer base, primarily consisting of automotive OEMs, tier-one automotive suppliers, and consumer appliance companies, all eager to integrate Goliath batteries into their products.

"Achieving our D4 development point is an important milestone on our technology roadmap, as it forms the basis of our first prototype product pilot run, with the objective of sharing prototypes with our customer base in 2024," said chief executive officer Graeme Purdy.

"This achievement is a clear demonstration that the Ilika team is working very efficiently with the available resources to achieve credible outcomes for our customers within the ambitious timeframes that we have set."

At 1405 GMT, shares in Ilika were up 22.03% at 36p.

Reporting by Josh White for Sharecast.com.

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Ilika Market Data

Currency UK Pounds
Share Price 34.50p
Change Today 0.000p
% Change 0.00 %
52 Week High 51.00
52 Week Low 14.75
Volume 21,919
Shares Issued 180.80m
Market Cap £62.38m
Beta 0.03

Ilika Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
38.81% below the market average38.81% below the market average38.81% below the market average38.81% below the market average38.81% below the market average
9.09% above the sector average9.09% above the sector average9.09% above the sector average9.09% above the sector average9.09% above the sector average
Price Trend
59.72% above the market average59.72% above the market average59.72% above the market average59.72% above the market average59.72% above the market average
88.89% above the sector average88.89% above the sector average88.89% above the sector average88.89% above the sector average88.89% above the sector average
Income Not Available
Growth
61.54% above the market average61.54% above the market average61.54% above the market average61.54% above the market average61.54% above the market average
54.84% above the sector average54.84% above the sector average54.84% above the sector average54.84% above the sector average54.84% above the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 1
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Ilika Dividends

No dividends found

Trades for 06-Jun-2025

Time Volume / Share Price
15:17 28 @ 34.66p
14:40 2,951 @ 34.15p
13:29 3 @ 34.55p
11:42 1,139 @ 34.55p
10:45 5,000 @ 34.55p

Ilika Key Personnel

CEO Graeme Purdy
Chair Keith Jackson

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