LONDON (ShareCast) - AIM-listed energy group Ilika has been granted UK approval over two patents it had filed in partnership with Toyota for solid-state cell batteries.

The two patents, which were jointly filed with Toyota Motor company in 2011, cover the vapour deposition processes used in producing solid state batteries directly from the elements.

The group intends to produce micro-battery prototypes designed for powering wireless sensors, a growing division expected to create an easy-access market for micro-batteries in excess of £1bn by 2017.

Chief Executive Officer Graeme Purdy said the patent news supported Ilika's ongoing customer engagements with OEMs in the sensor, consumer electronics and automotive sectors across three continents.

"In addition, it is a useful input into current discussions with fabricators of manufacturing equipment who are interested in applying Ilika's IP to their technology offerings."

As of 14:45, Ilika's share price had risen 3.70% to 62p.

WS

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