The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Thanks Dablerdale. Any idea what is their expected cash level on this report?
23rd January
Any idea when it’s due guys?
Thanks
Neon
I notice that a Chinese company Betavolt is expecting to launch a small battery BV100 that has striking similarities to Stereax in terms of voltage and size (lower power output than Ilika though). Rather than being rechargeable it's nuclear - giving it a 50 year life, so it'll have a somewhat different, although overlapping usage profile. I don't see this as causing Ilika any difficulties, rather I see it as confirmation that there's a market in this space. The article is here on the Tom's Hardware site,
https://www.tomshardware.com/pc-components/power-supplies/chinese-developed-nuclear-battery-has-a-50-year-lifespan
and a spec sheet for Stereax is here,
https://www.ilika.com/images/uploads/general/M250_SPECIFICATION_V2.4_-_ENGLISH.pdf
https://*************.net/ilika-an-apc-success-story
So no price target for giving away over 1% of the business to the directors through share options.
3 Metrics which have not been disclosed in the RNS to what they are.
Another AIM share to keep away from.
Any ideas what the 5 transactions of 332,816 at 3 at 47p and 2 at 47.028p in shares were at 17.00 last night.
This link below was posted back in January and slowly coming to fruition. Technically they are doing everything right with the right partners. They just need a big cash injection from someone like Bill Gates! They seem to be further ahead than the other SSB firm Quantumscape who I’m also down on my investment with - despite Bill fat wallet backing them!
https://www.eenewseurope.com/en/ilika-nexeon-team-for-uk-silicon-solid-state-batteries-with-bmw/
Why? I believe they're not going down the manufacturing route. I see them licencing the patents and technology, a bit like what ARM do in the Semiconductor industry.
The global lithium-ion battery market size was valued at USD 70 billion in 2022 and is expected to surpass around USD 387.05 billion by 2032 with a registered CAGR of 18.70% from 2023 to 2032. The Asia-Pacific lithium-ion battery market size will reach at USD 52.65 billion by 2024.
Let’s have some of that!
This is Absolutley massive news. Ilika will be the fastest growing company out there in the next 12 months and beyond.
Licensing will be a bun fight !!!!
Everyone’s going to want this and it’s British !!
They are not saying anything about the battery being any lighter for the same energy density, or am I not understanding this properly.
This milestone indicates that Ilika’s Goliath solid-state pouch cell can now match the energy density of traditional lithium-ion pouch cells. EV producers the benefits of solid-state batteries' improved safety, faster charging, longer lifespan, and greater temperature resilience, without the need to sacrifice size, space, or effective range.
This latest update was expected, they said it was coming before Christmas in the pod cast interviews, makes you wonder why folk didn't buy then
When you consider the firms we are working with to develop Goliath BMW and Williams Advanced Engineering it would be safe to say the future looks good and as promised the milestone has been reached.
Could be soon back over a quid then.
Article from SAE saying Solid State batteries not widespread until mid 2030s. So plenty of time for Goliath
https://www.mobilityengineeringtech.com/component/content/article/ae/stories/news/49520?utm_source=Auto_News&utm_medium=email&utm_campaign=20231204&oly_enc_id=7243J8832812G8B
Item 82 mentions Ilika https://publications.parliament.uk/pa/cm5804/cmselect/cmbeis/196/report.html
Https://www.gov.uk/government/publications/uk-battery-strategy