Ilika 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
Read moreIlika hikes revenue in first half as customer base widens
12th Nov 2013 12:13
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. The AIM-listed company gained a more balanced geographical spread, with Europe now representing 45% of revenue and Japan down from 70% a year ago to
Read moreIlika rallies on aerospace contract wins
28th Oct 2013 14:17
Ilika's shares climbed after the advanced cleantech materials discovery group said it won contracts with two of the world's largest aerospace companies. The firm will provide structural materials and coatings. Ilika said the fuel economy of aircraft can be achieved through the use of lighter, stron
Read moreIlika's annual loss widens as revenue slips
15th Jul 2013 10:30
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 of £3.5m for the year to end of April, compared to a loss of £2.4m, reflecting delays with a number of potential contracts and the decision by Energiz
Read moreIlika extends scope of existing contract with 'major' customer
21st Feb 2013 13:26
Cleantech company Ilika has renewed and extended the scope of an existing contract with a 'major' existing customer for the development of its battery technology. The new agreement broadens the scope of technical engagement within the battery field. The renewal marks the third phase of this contr
Read more