Ilika Secures Chinese Patent For Solid-State Batteries Technology

LONDON (Alliance News) - Ilika PLC on Tuesday said it has secured a patent in China for the solid-state batteries application it filed with Toyota Motor Co in July 2011.

The China patent approval follows the patents the company has secured in the UK and Europe and covers its vapour deposition processes used in producing solid-state batteries directly from the basic elements.

"The grant of this patent further demonstrates the strength of Ilika's growing internationally protected IP portfolio in solid-state batteries. China has grown to be one of most globally significant markets for batteries in recent years. This patent forms part of the extensive package of know-how and expertise that Ilika intends to license to manufacturing partners," said Graeme Purdy, Ilika's chief executive.

Shares in Ilika were up 2.3% to 68.55 pence on Tuesday.

By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance

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