Ilika Share Discussion Threads

[beeezzz] 22/5/2025 21:36:33

Shares usually rise on fundraising more money in the pot, which means the business can survive, for now.

What the future holds for Ilika who knows.

They've just uncovered a massive lithium deposit in USA worth $1,500,000,000,000. Economics will play a huge part in uptake of EV batteries...

[robertspc1] 22/5/2025 17:58:04

What turned you then ?

[rogk] 22/5/2025 17:17:22

Just wait for a Goliath licence to come in and watch what happens. Will it happen ?

[robertspc1] 22/5/2025 15:21:07

Always nice to see shares rise on a fundraising

[robertspc1] 22/5/2025 08:54:22

Research note out from Cavendish. Fundraise to support negotiations with potential Goliath partners and address any going concern issues. Excellent read. Raise target to 133p. House broker but they obviously see Goliath as class leading tech which will be highly valuable in medium term. I agree

[ivyhedge] 21/5/2025 19:33:35

for those that didnt rx it, IKA is raising funds at 33p rapid build tonight one for managers I think and retail offer to come. Looks like about 1 for 11 for your holding.
As I bought 10,000 on the 19th at 33.38p will be happy to pick up more at 33p. Suspect the retail offer will be over subscribed.

[robertspc1] 21/5/2025 19:29:45

Well that's hardly a surprise is it ... a capital markets day followed immediately by a placing. Trading update confirms my comments that meaningful Stereax revenues next year. But that's not the real point here... they are sensibly topping up cash ahead of potential grant and strategic partnerships. Add on weakness remains my view

[beeezzz] 21/5/2025 16:14:46

Trading update last year was 16 May including date for final results...Have I missed it.

[kenjen1] 21/5/2025 08:04:39

That’s what I thought, any material delays need and RNS. With that not appearing and current timelines set by the company of 3-4 months for product qualification 👍

[malnu] 21/5/2025 07:48:01

Any material delays would need be announced via RNS, not through a small group on an investment day.
Process qualification and product qualification are two different things.
I believe process qualification is complete and they are currently in the product qualification phase.

[kenjen1] 21/5/2025 07:31:03

Hi Robert, the company stated in January 25 that production of Stereax would begin within 3-4 months of process qualification beginning. Did you attend yesterday and the company stated Stereax progress was very slow and meaningful revenue is a year away or is that your opinion?

[robertspc1] 20/5/2025 21:40:49

Interesting investor visit today. Stereax progress with Cirtec still very slow so not expecting any meaningful revenue for another year at least. Goliath technical development going well and more grant support soon hopefully. Investment case still remains based on upside from Goliath partnering in next 6-12 months. I'll just keep adding on any weakness

[wilmer100] 20/5/2025 16:08:37

Ilika, a UK-based pioneer in solid-state battery technology, has a collaborative relationship with BMW focused on developing next-generation batteries for electric vehicles (EVs).Here's a breakdown of their relationship: * Project HISTORY: BMW Group is a key partner in Project HISTORY, an £8.2 million Faraday Battery Challenge collaboration program led by Ilika. This 24-month project, which commenced in February 2023, aims to integrate high silicon content electrodes into Ilika's Goliath solid-state batteries to achieve automotive-level performance. BMW Group and Williams Advanced Engineering (WAE) are on the steering committee for this project, indicating their strong interest and guidance in the development. * Advancing EV Battery Technology: BMW sees the development of all solid-state batteries as an important long-term goal to make future battery-electric vehicles even more sustainable and efficient. Their involvement with Ilika in Project HISTORY is a direct effort to advance this technology. * Collaborative Development: Ilika is working with a consortium of UK companies and universities, including Nexeon (a specialist in silicon anode materials), to develop these advanced solid-state batteries. BMW's role is to provide industry perspective and guidance, helping to tailor the Goliath batteries to meet specific automotive requirements.While BMW is actively involved in the development of Ilika's solid-state battery technology, it's important to note that BMW does not currently use Ilika batteries in its production vehicles. BMW has other partners for its current battery cell production, such as AESC, which is building a factory in South Carolina to supply BMW's sixth-generation batteries.The collaboration with Ilika is focused on future advancements in battery technology, with the goal of ultimately integrating these innovations into future EV models.

[wilmer100] 20/5/2025 16:06:59

https://www.autocar.co.uk/car-news/technology/bmw-fits-solid-state-battery-i7-it-ramps-new-tech-testing

[ivyhedge] 19/5/2025 15:49:49

wonder all you like, wish I could have taken a wander round thier setup. Bought 10,000 shares instead. I like to gamble, have held these for a number of years and thought now might be a good time to up the stakes a little

[beeezzz] 06/5/2025 15:10:04

Competition in SS batteries is intensifying, I wonder where Ilika batteries sit in terms of energy density, charging times, longevity...

[kenjen1] 06/5/2025 14:30:14

Who knows…but the technology is there

[jonnycj] 02/5/2025 20:00:04

In the last interview Graeme was talking about future non-dilutive grant funding in the past tense. Worth watching back to clarify in your own mind as this is what I took away from what he was saying.

[kenjen1] 02/5/2025 08:57:21

I still think a placement might happen, thoughts? If the APC competition is where Ilika may get significant funding for Goliath it has to be matched by the company. That’s not a bad thing. It’s a two for one investment and not to be sniffed it. Will see how it pans out over next few weeks I guess

[beeezzz] 01/5/2025 18:03:30

Goliath P1 Cells Validated by Customer Testing... Sounds good..

[robertspc1] 01/5/2025 08:15:27

Upbeat statement. OEMs must be doing their sums to get a piece of IKA ahead of the pack

[kenjen1] 29/4/2025 15:24:13

Weird drop today…I wonder if they will require a placing to match the upcoming investment from the APC.

[kenjen1] 25/4/2025 14:25:55

That was from an AI response from a search query. Here is the source which says they are working with them. Search proactive, ilika and apple.



Has Goliath reached design freeze 7 or 8 yet.

[kenjen1] 24/4/2025 13:42:28

Found it! Ilika is a company focused on developing and commercializing solid-state batteries, and Apple is one of the companies that has shown interest in and is potentially evaluating Ilika's technology, according to Proactive Investors.