The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksIlika Plc Share News (IKA)

Share Price Information for Ilika Plc (IKA)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 29.50
Bid: 29.00
Ask: 30.00
Change: -0.50 (-1.67%)
Spread: 1.00 (3.448%)
Open: 29.50
High: 29.50
Low: 29.50
Prev. Close: 30.00
IKA Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Ilika to work with Stellantis's Comau on Goliath scale-up, gets grant

Tue, 06th Apr 2021 11:53

(Alliance News) - Ilika PLC on Tuesday said it is collaborating with Comau, part of carmaker Stellantis NV, to scale up the existing Goliath pre-pilot line.

The project, which is led by solid-state battery technology company Ilika, has two objectives. The first is to design the scale up of Ilika's existing Goliath pre-pilot line to increase production of solid-state cells from 1 kilowatt hour per week to 10 kilowatt hours per week.

Secondly, Comau will undertake a full study of Ilika's processes and deliver a plant design for a megawatt-scale solid-state manufacturing line for ultimate installation at the UK Battery Industrialisation Centre.

"These manufacturing scale up activities are running in parallel with Ilika's Goliath solid-state technology developments to ensure Ilika can deliver its batteries to the global marketplace cost effectively and within the quickest time frame," the company said.

The design study is being supported by the Advanced Propulsion Centre - a UK-based non-profit organization promoting low-carbon transport - and Ilika will receive a GBP235,000 grant towards its related costs over the 12-month project.

"This project is an important step in the scale up of our Goliath technology and represents an exciting opportunity to work with Comau, one of the world's leading designers of innovative engineering solutions. We are a strong team ideally placed to deliver a strong manufacturing capability for Goliath solid-state batteries," said Chief Executive Graeme Purdy.

Stellantis was formed by the merger of Fiat Chrysler Automobiles and Peugeot back in January

Shares in Ilika were up 5.9% at 211.85 pence in London on Tuesday.

By Lucy Heming; lucyheming@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
4 Aug 2023 10:41

AIM WINNERS & LOSERS: Ilika up as inks 10-year manufacturing licence

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday.

Read more
4 Aug 2023 09:40

Ilika inks manufacturing deal with Cirtec for Stereax batteries

(Alliance News) - Ilika PLC on Friday said that it has signed a ten-year manufacturing licence with Cirtec Medical for the manufacturing and commercialisation of miniature Stereax solid-state batteries.

Read more
4 Aug 2023 08:52

LONDON MARKET OPEN: WPP lowers outlook; Capita swings to loss

(Alliance News) - The FTSE 100 inched slightly higher on Friday, as investors nervously look ahead to the US nonfarm payrolls report at 1330 BST.

Read more
19 Jul 2023 12:05

LONDON MARKET MIDDAY: Cooler UK inflation reading turbocharges stocks

(Alliance News) - Stock prices in London surged on Wednesday, with a cooler UK inflation reading lifting investor sentiment and taking pressure off the Bank of England.

Read more
13 Jul 2023 10:53

AIM WINNERS & LOSERS: Corero rises on strong interim revenue growth

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday.

Read more
13 Jul 2023 09:52

Ilika full-year loss widens on admin costs; says projects progressing

(Alliance News) - Ilika PLC on Thursday said its full-year pretax loss widened but noted that it is making progress with its Stereax and Goliath programmes.

Read more
16 Jun 2023 10:10

Ilika promotes technical director to lead product development pipeline

(Alliance News) - Ilika PLC on Friday said it has promoted Louise Turner as vice president of Product Development from her current role as technical director, effective September 1.

Read more
23 May 2023 09:17

LONDON BROKER RATINGS: RBC cuts abrdn European Logistics Income

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning:

Read more
22 May 2023 11:36

Ilika losses widen as it presses on with development

(Sharecast News) - Solid-state battery technology developer Ilika updated the market on its trading performance on Monday, as well as 'Stereax' manufacturing progress and 'Goliath' product development.

Read more
22 May 2023 11:07

IN BRIEF: Ilika reports revenue growth but expects loss to widen

Ilika PLC - Romsey, England-based solid-state battery technology company - Expects its loss before interest, tax, depreciation and amortisation to widen. For its financial year ended April 30, the Ebitda loss is expected to widen to GBP7.0 million from GBP6.4 million a year before. Ilika forecasts annual revenue rising 60% to GBP800,000, from GBP500,000 a year ago. Trading has been in line with management expectations, the company said.

Read more
11 May 2023 12:36

Ilika makes first shipments of Stereax M300 batteries

(Sharecast News) - Solid-state battery technology developer Ilika announced the successful shipment of its stacked 'Stereax M300' batteries to its first customers on Thursday.

Read more
11 May 2023 11:15

AIM WINNERS & LOSERS: Ilika rises on battery shipments; SDI slides

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday.

Read more
11 May 2023 11:06

Ilika shares up as hails customer shipments of M300 stacked batteries

(Alliance News) - Ilika PLC on Thursday reported its first shipment of Stereax M300 stacked batteries to customers from its UK manufacturing facility.

Read more
11 Apr 2023 14:40

TRADING UPDATES: Dekel Agri-Vision hails crude palm output jump

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

Read more
11 Apr 2023 12:14

Ilika ships first batch of Stereax batteries to Blink Energy

(Sharecast News) - Solid-state battery technology specialist Ilika announced the shipment of its first batch of 'Stereax' batteries on Tuesday, to its customer, Blink Energy.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.