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Ilika Develops New Methods For Customising Battery Technology
LONDON (Alliance News) - Ilika PLC on Wednesday said it has developed new processing methods to enable rapid customisation of its Stereax battery technology to match customers' requirements for form, fit and function.
Ilika shares were trading 13% higher at 33.95 pence each.
The company explained it replaced the use of contact masks in the development of its Stereax products with a photolithographic method.
"The replacement of contact masks with a photolithographic method is an important step in being able to offer customised solutions to high value proprietary applications for Stereax products," Chief Executive Officer Graeme Purdy said.
Photolithography is a microfabrication method in the semiconductor industry, Ilika explained. It has the advantage over contact masks of being able to create smaller feature sizes.
Additionally, the time of the process is reduced by up to 85%, making it possible to respond to customers' requirements in "an accelerated manner".
Also, the operating costs of using a photolithographic process are significantly less, Ilika added.
Latest IKA News
- Ilika agrees Cirtec Medical partnership for battery manufacturing
16 Jan 2023 - John Menzies, Wentworth among top 2022 smaller cap stocks - Peel Hunt
13 Jan 2023 - UK earnings, trading statements calendar - next 7 days
12 Jan 2023 - LONDON MARKET CLOSE: FTSE 100 ends lower despite post-budget rebound
17 Nov 2022 - TRADING UPDATES: Water Intelligence eyes revenue at top end of outlook
17 Nov 2022 - Ilika taps Jason Stewart as its new finance chief
17 Nov 2022 - LONDON BROKER RATINGS: RBC cuts Rathbones to 'sector perform'
17 Nov 2022 - Europe leans on Asia for 'homegrown' EV batteries
3 Nov 2022
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