Ilika's gains patents in China, Europe with more in the pipline
9th Jan 2017 12:00
(ShareCast News) - Solid-state battery technology company Ilika's revenue rose slightly as it gained intellectual property patents in China and Europe and entered into discussions with potential licensees. Revenue increased slightly to £329,000 for the six months ended 31 October 2016, from £254,000
Read moreIlika to raise £6.3m to help finance battery sales
27th Sep 2016 11:29
(ShareCast News) - Ilika, a developer of new materials for energy and electronic applications, placed shares on AIM to raise about £6.3m to bolster its funds as it commercialises its battery product. The company placed 12.6m shares of 1p each to be sold at 50p per share, which will raise about £6.3m
Read moreIlika shares slump as FY loss widens, revenue loses power
8th Jul 2016 11:54
(ShareCast News) - Shares in Ilika fell almost 15% after the company posted a wider full-year pre-tax loss as it directed resources to developing its battery system, causing revenue to lose charge. Nevertheless, chairman Mike Inglis said he was very encouraged to see the technical progress and incre
Read moreIlika launches miniaturised battery for 'internet of things'
27th Apr 2016 16:04
(ShareCast News) - Materials innovation and solid state battery company Ilika announced its contribution towards solving one of the digital age's biggest problems on Wednesday, with the launch of its miniaturised solid state battery technology Stereax M250 for the so-called internet of things (IoT).
Read moreIlika hard drive project wins Innovate UK grant
25th Feb 2016 16:00
(ShareCast News) - Future hard drive technology received a boost on Thursday, with the announcement from Ilika that it was taking part in a two-year project, along with Seagate and the University of Southampton (UoS), that had been awarded a £374,000 grant by Innovate UK. The AIM-traded accelerated
Read moreIlika warns of lower revenue and wider loss as investment continues
4th Dec 2015 10:38
(ShareCast News) - Solid-state batteries developer Ilika warned that its interim revenue is likely to be lower because of the investment it has made on its development programme. The London-listed company said it was focusing on producing micro-battery prototypes designed to power wireless sensors f
Read moreNew Ilika chairman buys into company
21st Oct 2015 16:08
(ShareCast News) - Ilika's new chairman has fronted up with the cash and bought a stake in the company which he's now leading. Mike Inglis was officially elected to the board of the company on 30 September and appointed non-executive chairman after the retirement of Jack Boyer OBE after 11 years in
Read moreBattery firm picks up former ARM boss
10th Jul 2015 14:05
(ShareCast News) - Materials developer Ilika has appointed former ARM executive Mike Inglis to its board. The AIM-listed stock which is best known for its battery technology said the appointment is effective immediately. Ilika said it expected Inglis to take over as non-executive chairman from Jack
Read moreIlika achieves production-ready process for mini solid-state batteries
26th Mar 2015 09:04
AIM-listed Ilika has established factory production techniques for its tiny solid-state lithium ion batteries that it aims to sell into the fast-growing wearables and internet-of-things (IoT) markets. In a pilot production process at its Southampton facility, Ilika's engineers have begun to create f
Read moreIlika wins contract with a new EU-based client
14th Aug 2014 13:30
Materials innovation firm Ilika has landed a contract with a new and unnamed EU-based company to develop battery materials. The contract, which is expected to last six months, increases committed revenue of the current financial year to £825k ahead of £535k in the same period last year. Chief Exec
Read moreIlika moves forward in plans to build new solid-state battery
11th Jul 2014 08:00
Materials technology group Ilika has taken a step forward in its plans to launch a "world-first" solid-state battery. The group has secured a contract with an existing European customer for solid-state batteries in wireless sensor network applications. The project, which is expected to last six mo
Read moreIlika set to market wireless sensor batteries next year
1st Jul 2014 09:07
Materials technology group Ilika has taken a step towards launching commercial sales of new battery technology for wireless sensor networks (WSN) next year. Ilika said it had achieved a 25-fold increase in the size of solid state batteries that it is developing for use in WSNs. Now it plans to try
Read moreIlika receives solid state battery patent
7th May 2014 14:42
AIM-listed energy group Ilika has been granted UK approval over two patents it had filed in partnership with Toyota for solid-state cell batteries. The two patents, which were jointly filed with Toyota Motor company in 2011, cover the vapour deposition processes used in producing solid state batter
Read moreWednesday broker round-up UPDATE
26th Feb 2014 08:54
Anglo Pacific: FinnCap cuts target price from 279p to 216p, downgrades to hold. Ashmore Group: UBS reduces target price from 405p to 355p, while leaving its buy recommendation unchanged. Jefferies cuts target price from 475p to 375p, while its buy recommendation is kept. Barclays lowers target pric
Read moreIlika develops new battery technology
9th Jan 2014 12:57
Ilika, a materials discovery company, has announced it has created a simple way of producing a mainstream high-performance solid-state cell battery. The new technology will lead to "significant improvements" for the company, it said. The new technology means the batteries will be safer, can charg
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