Analysts have repeated backing for Ilika PLC (AIM:IKA, OTCQX:ILIKF) after news of further successful testing around its Goliath prototype solid-state battery. Panmure Liberum reiterated a ‘buy' rating for the AIM-listed firm on Thursday, noting the latest tests supported the view that viable product samples would be available next year.
Ilika PLC (AIM:IKA, OTCQX:ILIKF), a specialist in solid-state battery technology, has announced the successful completion of testing on its Goliath D5 prototypes. Investors were told the results confirm that the safety of Ilika's solid-state units is superior to conventional lithium-ion power cells, commonly used in electric vehicles (EVs).
Ilika PLC (AIM:IKA, OTCQX:ILIKF) were higher in early afternoon trading following positive safety results for its Goliath solid-state battery prototypes. Independent testing was conducted by University College London and showed that the Goliath P1 cells outperformed their lithium-ion counterparts in terms of safety, the company highlighted.
Ilika PLC (AIM:IKA, OTCQX:ILIKF) (AIM: IKA) has announced positive safety test results for its Goliath solid-state battery prototypes. Independent testing was conducted by University College London and showed that the Goliath P1 cells outperformed their lithium-ion counterparts in terms of safety, the company highlighted.
Ilika PLC (AIM:IKA, OTCQX:ILIKF) CEO Graeme Purdy talked with Proactive about the company's recent milestones and strategic advancements. In this interview, Purdy highlights the key achievements of the year, starting with the success of Stereax, their miniature batteries for medical implants and industrial sensors.
Ilika Plc (OTCQX:ILIKF) Q4 2024 Earnings Conference Call July 11, 2024 11:30 AM ET Company Participants Graeme Purdy - Chief Executive Officer Jason Stewart - Chief Financial Officer Mark Whitmore - Joint Broker, Berenberg Graeme Purdy [Call Starts Abruptly] is very reactive and reacts with oxygen and moisture. And, also, there's a risk an enhanced risk of so called dendrite formation, which can lead to short circuits in the battery.
Ilika PLC (AIM:IKA, OTCQX:ILIKF)saw its target price raised by Panmure Liberum after the solid-state battery developer published annual results today. Panmure Liberum said it was a year of considerable progress for Ilika including first customer shipments of Stereax [medical] batteries from its UK pilot manufacturing facility and achieving D4 design freeze and Li-ion energy density parity in its Goliath [auto]prototypes.
Ilika PLC (AIM:IKA, OTCQX:ILIKF) said it is on target for the mass adoption of solid-state battery technology after good progress in both arms of the business over the past twelve months. In teh current year, the medical division Stereax will focus on commissioning activities and engineering lots to qualify the process fully in readiness for commercial samples, production of which is expected in late 2024.
Ilika PLC (AIM:IKA, OTCQX:ILIKF) chief executive Graeme Purdy talked with Proactive about shipping the company's first batch of prototype Goliath batteries to a tier-one automotive customer, marking a significant milestone for the company. Purdy discussed how Ilika has followed through on its published roadmap, achieving the D4 development milestone announced at the end of 2023.
Ilika PLC (AIM:IKA, OTCQX:ILIKF) said it reached a key milestone by shipping its first batch of prototype Goliath batteries to a tier-one automotive customer for external validation. In May, Ilika began in-house testing of its P1 Goliath prototype batteries as part of a customer-sponsored programme.
Ilika PLC (AIM:IKA, OTCQX:ILIKF) said it has started testing its P1 Goliath electric vehicle prototype batteries keeping it on track to produce a minimum viable product (MVP) next year and unlocking future licensing opportunities. This testing was part of a customer-sponsored programme, following successful production and in-house evaluations.
Ilika PLC (AIM:IKA, OTCQX:ILIKF) said it has started testing its P1 Goliath electric vehicle prototype batteries keeping it on track to produce a minimum viable product (MVP) next year and unlocking future licensing opportunities. This testing was part of a customer-sponsored programme, following successful production and in-house evaluations.