Ilika plc

Equities

IKA

GB00B608Z994

Electrical Components & Equipment

Market Closed - London S.E. Other stock markets 11:35:15 2024-05-10 am EDT			5-day change	1st Jan Change
29 ^GBX	-1.69%		-1.69%	-19.44%

May. 10	Ilika completes placing, part of GBP3.4 million fundraise	AN
May. 10	Ilika Targets Over GBP3 Million in Placing, Open Offer	MT

Ilika PLC takes hold of revolutionary power

May 16, 2023 at 03:04 am EDT

(via NewsDirect)

Graeme Purdy, the CEO of Ilika PLC (AIM:IKA) (OTCQX:ILIKF), discussed the company's first customer shipments of the stacked Stereax M300: a solid-state miniature battery without liquid electrolyte.

The battery's unique characteristics make it ideal for use in miniature medical devices and within the Internet of Things (IoT) framework. It can be used in applications such as condition monitoring, sensing, infrastructure, industrial manufacturing, and healthcare wearables. Ilika has planned deliveries to several customers, including Cube Works and Lyra Health. The company is also focusing on establishing a US supply chain to cater to its American customers.

Contact Details

Proactive UK Ltd

+44 20 7989 0813

uk@proactiveinvestors.com

Latest news about Ilika plc

Ilika completes placing, part of GBP3.4 million fundraise	May. 10	AN
Ilika Targets Over GBP3 Million in Placing, Open Offer	May. 10	MT
Facilities by ADF profit hit by Hollywood strikes	Apr. 26	AN
Tata Group Unit Joins Ilika's Goliath Industrialization Program	Apr. 26	MT
Transcript : Ilika plc - Special Call	Apr. 26
Ilika plc Announces Agratas Joins 17-Month £2.7 Million Grant-Supported SiSTEM Project	Apr. 26	CI
Berenberg Lowers Ilika PT, Keeps Buy Rating	Apr. 24	MT
Investec cuts Hipgnosis Songs Fund to 'hold'	Apr. 24	AN
Transcript : Ilika plc - Analyst/Investor Day	Apr. 23
Ilika trades in line with annual market expectations	Apr. 23	AN
Ilika plc Provides Revenue Guidance for the Year Ended 30 April 2024	Apr. 23	CI
Transcript : Ilika plc, H1 2024 Earnings Call, Jan 23, 2024	Jan. 23
Ilika interim loss narrows as turnover through UK grants surges	Jan. 23	AN
Ilika plc Reports Earnings Results for the Half Year Ended October 31, 2023	Jan. 23	CI
Stocks rise amid dovish Fed, ECB expectations	Dec. 06	AN
Ilika Logs Energy Density Parity for Solid-State Pouch; Shares Surge	Dec. 06	MT
Ilika shares surge as Goliath battery reaches energy density target	Dec. 06	AN
Begbies to meet expectations; McBride shines	Nov. 20	AN
Ilika secures further grant support for Goliath pilot	23-10-09	AN
Ilika Receives GBP400,000 Grant to Boost Goliath Pilot Production	23-10-09	MT
Transcript : Ilika plc - Shareholder/Analyst Call	23-09-20
WPP shares slide; eyes on US nonfarms	23-08-04	AN
AIM WINNERS & LOSERS: Ilika up as inks 10-year manufacturing licence	23-08-04	AN
Ilika, Cirtec Medical Enter 10-Year Partnership for Solid-State Batteries Production; Shares Surge 11%	23-08-04	MT
Ilika inks manufacturing deal with Cirtec for Stereax batteries	23-08-04	AN

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Company Profile

Ilika plc is a United Kingdom-based developer of solid-state battery (SSB) technology designed to meet the specific demands of a range of applications in medical technology, Industrial Internet of Things (IoT), electric vehicles (EVs) and consumer electronics. It focuses on developing intellectual property (IP), manufacture and license solid state batteries for markets that cannot be addressed with conventional batteries due to their safety, charge rates, energy density and life limits. It has two product lines: miniature Stereax SSBs for powering medical devices and industrial wireless sensors in specialist environments, and large format Goliath SSBs for EVs and cordless appliances. Stereax enables disruptive product designers looking for a long life (1000s recharges), low leakage (nA) and miniature power source with a rectangular form factor similar to ICs. Miniature Stereax batteries can enable solutions in a form factor not achievable with conventional lithium-ion batteries.

Sector

Electrical Components & Equipment

Calendar

2024-06-18 - MOVE Conference

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Ratings for Ilika plc

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ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

0.29 GBP

Average target price

0.65 GBP

Spread / Average Target

+124.14%

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