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IKA Ilika Plc

28.00
0.00 (0.00%)
19 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Ilika Plc LSE:IKA London Ordinary Share GB00B608Z994 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 28.00 27.00 29.00 28.00 28.00 28.00 22,361 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Coml Physical, Biologcl Resh 702k -7.3M -0.0459 -6.10 44.51M

Ilika plc Toyota Funds Collaboration with Ilika (9291Y)

09/03/2017 7:00am

UK Regulatory


Ilika (LSE:IKA)
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TIDMIKA

RNS Number : 9291Y

Ilika plc

09 March 2017

Ilika plc

("Ilika" or the "Company")

Toyota Funds Collaboration with Ilika

Ilika (AIM:IKA), a pioneer in materials innovation and solid-state battery technology, announces an initial, one-year, commercially-funded project to develop game-changing energy materials in collaboration with Toyota.

The project, which was referenced in the Company's Trading Update released on 23(rd) November 2016 as a commercially-funded materials development programme from an existing customer, will be managed through the Toyota Research Institute ("TRI") in the USA. The project is part of a wider programme within TRI and details of this wider collaboration will be announced in due course.

Candidate materials will be made and tested using Ilika's unique high throughput platform. Promising materials will be further scaled-up by Toyota and its suppliers for deployment in its future low-emission vehicles.

This project will combine Ilika's thin film solid-state materials synthesis and characterization technology, with Toyota's automotive leadership.

Commenting on this collaboration, Graeme Purdy, Ilika CEO, said: "We are delighted to have broadened and deepened our relationship with the Toyota Group. Toyota is demonstrating global vision in the innovation and implementation of leading-edge technology in next generation automotives."

For more information contact:

 
 Ilika plc                          www.ilika.com 
 Graeme Purdy, Chief           Tel: 023 8011 1400 
  Executive 
 Steve Boydell, Finance 
  Director 
 
 Numis Securities Limited      Tel: 020 7260 1000 
 Oliver Cardigan/ Paul 
  Gillam / 
 James Black 
 
 Walbrook PR Ltd            Tel: 020 7933 8780 or 
 Paul Cornelius              ilika@walbrookpr.com 
 Paul McManus 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

AGRBCGDXUUGBGRI

(END) Dow Jones Newswires

March 09, 2017 02:00 ET (07:00 GMT)

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