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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's First-Half Revenues Rise As Customer Base Increases
12 Nov 2013 - Ilika hikes revenue in first half as customer base widens
12 Nov 2013 - Ilika rallies on aerospace contract wins
28 Oct 2013 - Ilika Wins Two Aerospace Contracts
28 Oct 2013 - Ilika Says Making Good Progress In Securing Commercial Orders, Grants
17 Sep 2013 - Ilika Acquires Two New Blue-Chip Customers In Germany
16 Sep 2013 - Ilika's annual loss widens as revenue slips
15 Jul 2013 - Ilika extends scope of existing contract with 'major' customer
21 Feb 2013
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Ilika Plc News
Ilika hikes revenue in first half as customer base widens
Advanced materials developer Ilika has lifted revenues by 55 per cent in the first half as it expanded its customer base from five to nine companies. ...
Ilika rallies on aerospace contract wins
Ilika's shares climbed after the advanced cleantech materials discovery group said it won contracts with two of the world's largest aerospace companie...
Ilika Wins Two Aerospace Contracts
Ilika's annual loss widens as revenue slips
Cleantech materials company Ilika widened its full-year losses as revenue declined by 46 per cent to 1.0m pounds. The group posted a loss before tax ...
Ilika extends scope of existing contract with 'major' customer
Cleantech company Ilika has renewed and extended the scope of an existing contract with a 'major' existing customer for the development of its battery...
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