Ilika plc (ILIKF)
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Ilika shares rise 7% on funding update; next 12 months will be fast-paced, says broker
Ilika PLC's (AIM:IKA, OTCQX:ILIKF) shares rose 7% after the company secured a £1.25 million UK government grant to advance production of its Goliath solid-state batteries for electric vehicles. The funding is part of the DRIVE35 programme under the Advanced Propulsion Centre's Demonstrate fund and supports a 12-month project starting in August 2025.
Ilika secures £1.25m grant ahead of a 'transformational' year of work
Ilika PLC (AIM:IKA, OTCQX:ILIKF) has secured a new £1.25 million government grant to advance the industrial production of its Goliath solid-state batteries for automotive use. The funding comes from the UK's DRIVE35 programme, part of the Advanced Propulsion Centre's Demonstrate fund, and supports a 12-month project starting August 2025.
Ilika CEO talks funding boost for solid-state battery technology - ICYMI
Ilika PLC (AIM:IKA, OTCQX:ILIKF) CEO Graeme Purdy talked with Proactive about the company's recent fundraising success and how the proceeds will be allocated across its core battery technologies. The company recently closed a funding round with strong interest from both institutional and retail investors.
Ilika boosts battery plans with new fundraise - ICYMI
Ilika PLC (AIM:IKA, OTCQX:ILIKF) CEO Graeme Purdy talked with Proactive about the company's planned fundraise of up to £3.5 million, including a £500,000 retail offer, to support its key battery technologies—Stereax and Goliath. Purdy explained that £1.1 million of the proceeds would back the final phase of tech transfer and commercialisation efforts for Stereax, which is being licensed to Cirtec Medical.
Ilika rises 8% as fresh funding strengthens hand in battery licence talks
Ilika PLC (AIM:IKA, OTCQX:ILIKF) shares rose 8% in early afternoon trading after the solid-state battery developer announced a £3.5 million fundraise to support upcoming commercial licence negotiations for its Goliath technology. The capital injection, which lifts the company's market capitalisation to £58.7 million and enterprise value to £48.6 million, gives Ilika greater balance sheet strength ahead of talks with prospective partners.
Ilika to raise up to £3.5 million for solid-state battery development
Ilika PLC (AIM:IKA, OTCQX:ILIKF) plans to raise up to £3.5 million through a share placing, retail offer and director subscriptions, as it seeks to fund the commercialisation of its solid-state battery technologies. The AIM-quoted company said on Thursday it would raise £3 million via a placing of new shares at 33 pence each.
Ilika's Goliath battery testing validation from partners - ICYMI
Ilika PLC has announced a key development in its Goliath solid-state battery programme, reporting that its 2Ah P1 prototype cells have completed external testing with original equipment manufacturers (OEMs) and tier one suppliers. These evaluations produced positive outcomes, reinforcing the validity of the company's design and performance targets.
Ilika shares rise as solid-state battery tests impress potential partners
Shares in Ilika PLC (AIM:IKA, OTCQX:ILIKF) rose as much as 5% on Thursday after the company confirmed its prototype solid-state battery cells have met performance targets in third-party tests, a key step towards commercial traction. The P1 Goliath prototypes, which have been undergoing evaluation by automotive manufacturers and suppliers, were found to meet targets on energy capacity, charge rate, and durability.
Ilika's solid-state battery prototype passes key customer tests
Ilika PLC (AIM:IKA, OTCQX:ILIKF), the AIM-listed battery technology developer, has said its latest prototype solid-state battery cells have passed a series of commercial performance tests carried out by automotive industry partners. The company, which specialises in next-generation solid-state batteries, announced on Thursday that its Goliath P1 prototype cells met their technical targets when tested by a group of original equipment manufacturers (OEMs) and Tier 1 suppliers.
Ilika passes scale-up milestone with breakthrough Goliath battery
Ilika PLC (AIM:IKA, OTCQX:ILIKF), the UK-based developer of solid-state battery technology, has taken a step closer to commercialising its Goliath battery platform, after completing a scale-up project with the UK Battery Industrialisation Centre. The company said it had successfully produced a batch of 10 amp-hour prototype cells using materials made at industrial scale, and that these cells outperformed those built on its in-house pilot line.
Ilika shares up 5% after passing key milestone; bank restates big price target
Ilika PLC (AIM:IKA, OTCQX:ILIKF) shares jumped 5% on Thursday morning after the company announced a major breakthrough in its solid-state battery technology, successfully prototyping a 50Ah Goliath battery for electric vehicles. This milestone, achieved through the Faraday Battery Challenge HISTORY programme, is a significant step towards commercialising Ilika's next-generation battery, which aims to lower costs, extend EV range, and speed up charging times.
Ilika achieves a significant milestone with its solid state technology
Ilika PLC (AIM:IKA, OTCQX:ILIKF) has reached a major milestone in its development of solid-state technology, successfully prototyping a 50Ah Goliath battery for electric vehicles. The breakthrough, achieved as part of the Faraday Battery Challenge HISTORY programme, marks a key step toward commercialising Ilika's next-generation battery, which aims to lower costs, extend EV range, and reduce charging times.
