Shares in Ilika PLC (AIM:IKA, OTCQX:ILIKF) rose 4% to 44.2p after the solid-state battery developer began shipping its latest 10Ah Goliath prototypes, a step the company said keeps it on schedule for commercialisation. The new cells, aimed at customers across several industries, including automotive, offer five times the capacity of the 2Ah versions released in July 2024.
Ilika PLC (AIM:IKA, OTCQX:ILIKF), the solid-state battery specialist, has started sending out its latest Goliath prototypes, a step the company says puts it firmly on schedule as it works towards commercial production. The new 10Ah cells, which are heading to customers in several industries, including carmakers, carry five times the capacity of the 2Ah versions Ilika released in July 2024.
Ilika PLC (AIM:IKA, OTCQX:ILIKF) this week delivered a trading update that outlined the battery company's continued progress for both its Stereax and Goliath solid-state battery programmes. The company said it had reached the final stages of preparation for shipping Stereax batteries to its first customers.