Ilika Plc Share News (IKA)

IN BRIEF: Ilika secures further grant support for Goliath pilot

Ilika PLC - Romsey, England-based solid-state battery technology company - Says it will be receiving further grant support to scale up its Goliath pilot production capability from the Automotive Transformation Fund. This will be delivered through a 16-month, GBP2.7 million collaboration programme, of which Ilika will receive GBP400,000. Ilika is currently partnering with Mpac Group PLC, a global engineering firm, to design, build and commission a 1.5 megawatt per hour solid state battery assembly line capable of delivering Ilika's Goliath SSB prototype large-format pouch cells to automotive OEMs and Tier 1 suppliers. This collaboration, codenamed Project SiSTEM, will run in parallel with Project HISTORY.

UK shareholder meetings calendar - next 7 days

LONDON MARKET MIDDAY: WPP shares slide; eyes on US nonfarms

(Alliance News) - Stock prices in London were mixed at midday Friday, though equity markets showed sighs of stability after a rocky week, ahead of a key US jobs report in the afternoon.

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.

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.

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.

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.

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.

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.

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.

LONDON BROKER RATINGS: RBC cuts abrdn European Logistics Income

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

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.

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.

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.

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.