Ilika (IKA)

Sector:

Electronic and Electrical Equipment

Index:

FTSE AIM All-Share

 29.50p
   
  • Change Today:
      0.000p
  • 52 Week High: 49.00
  • 52 Week Low: 27.50
  • Currency: UK Pounds
  • Shares Issued: 158.98m
  • Volume: 41,486
  • Market Cap: £46.90m

Ilika charges higher after achieving record battery energy density

By Duncan Ferris

Date: Tuesday 12 Feb 2019

LONDON (ShareCast) - (Sharecast News) - Ilika jumped on Tuesday after it achieved its highest ever volumetric energy density of its ultra-thin solid-state batteries.
The AIM-traded company's mm-scale battery, codenamed Golden Hind, increased the volumetric energy density threefold by introducing wafer-thinning technology into its manufacturing workflow to produce ultra-thin solid-state batteries about 250 um in thickness, not much thicker than a postage stamp.

The battery is specifically designed for miniature medical implants, which account for approximately 50% of opportunities in the Ilika's licensing pipeline, and are fabricated on standard semiconductor industry wafers using a vacuum deposition technique.

The cells can be manufactured at Ilika's pilot line in Southampton after the development of materials and process technologies to align with customer demands.

Graeme Purdy, chief executive of Ilika, said: "This is the latest improvement in the processing of miniature Stereax cells. We are integrating our unique approach to materials deposition with standard semiconductor manufacturing technology to deliver best in class solutions."

Ilika's shares were up 12.96% at 30.50p at 1004 GMT.

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Ilika Market Data

Currency UK Pounds
Share Price 29.50p
Change Today 0.000p
% Change 0.00 %
52 Week High 49.00
52 Week Low 27.50
Volume 41,486
Shares Issued 158.98m
Market Cap £46.90m

Ilika Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
31.18% below the market average31.18% below the market average31.18% below the market average31.18% below the market average31.18% below the market average
47.06% above the sector average47.06% above the sector average47.06% above the sector average47.06% above the sector average47.06% above the sector average
Price Trend
54.71% below the market average54.71% below the market average54.71% below the market average54.71% below the market average54.71% below the market average
38.46% below the sector average38.46% below the sector average38.46% below the sector average38.46% below the sector average38.46% below the sector average
Income Not Available
Growth
63.51% below the market average63.51% below the market average63.51% below the market average63.51% below the market average63.51% below the market average
54.29% below the sector average54.29% below the sector average54.29% below the sector average54.29% below the sector average54.29% below the sector average

What The Brokers Say

Strong Buy 2
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 2
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 09-May-2024

Time Volume / Share Price
14:23 639 @ 29.80p
14:11 831 @ 29.13p
13:02 3,000 @ 29.80p
12:27 139 @ 29.06p
11:09 16,000 @ 29.00p

Ilika Key Personnel

CEO Graeme Purdy
Chair Keith Jackson

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