Ilika Share Discussion Threads

[horneblower] 14/6/2018 10:45

Irony, I assume, super?

The one possible ray of hope imo is the grant of patents protecting unique High-Throughput Vapour Deposition method.

This "could" make larger batteries viable but what exactly "high-throughput" means is where the rub is.

[supernumerary] 13/6/2018 23:37

Don't know that the opportunity was missed - didn't you see the announcement about Stereax battery development for cars? RogK will give you the link if you need it ;¬)

[horneblower] 13/6/2018 18:22

If you are a successful academic happily running your university's public spin-off vehicle (like Ilika) then your main expertise is fund-raising via government grants.
Well done CEO of Ilika in achieving this.

Pity about the missed opportunity in thin-film, solid state battery development.

[kwizza] 13/6/2018 13:18

I was reading something the other day where EV Motor Racing were allowed
two cars to complete a race and now they are only going to be allowed one
as development in battery technology is progressing

[shirley83] 13/6/2018 12:20

Looking strong for for a 30+ finish

[malnu] 13/6/2018 11:46

Silly and irrelevant question Sharpshare. They aren’t micro batteries that are being developed for this purpose! The micro batteries are for medical devices and IOTs.

[sharpshare] 13/6/2018 11:23

How many solid state micro batteries will it take to run a car for 300 miles?

[kwizza] 13/6/2018 07:51

Quite a lump though £4 million

[mdchand] 13/6/2018 07:48

So this is Government funded collaboration including Honda, McLaren and Ricardo. Sounds a lot more promising than just Government funding.

[supernumerary] 12/6/2018 16:30

No, I disagree. This is what it says:

1. the project will develop a process for manufacturing the batteries at scale

2. [and] technology for ultra-fast charging.

3. Ilika will establish a pre-pilot line for high power solid-state cells

4. [as well as] developing the materials supply chain.

The Dept for Business etc says: 'in particular how to manufacture at scale in the UK'.

Seems pretty clear to me. This is battery manufacturing, with a bit of fast charging thrown in.

[hobs] 12/6/2018 16:17

Read again in detail and realise now that the PowerDrive project is to develop a technology to enable electric car batteries to be charged in ultra-fast time, not actual solid state battery packs! I still think the wording is ambiguous and may have helped with the increase in share price.

[supernumerary] 12/6/2018 16:10

Nothing there that I can see. Can you be more specific?

[hobs] 12/6/2018 15:48

The only mention I can find of automotive battery packs is “Battery pack temperature control: Stereax SSB can be used at temperatures up to 100°C.” extremely strange & surprising wording in rns!

[gary38] 12/6/2018 15:48

Well done .

[supernumerary] 12/6/2018 15:33

hobs - I can't see any comment anywhere about drive train applications. Does the right hand have any idea what the left hand is doing?

[999rp] 12/6/2018 15:28

At last the government sees sense a lot of work gone into the submission so hopefully it will pay off

[hobs] 12/6/2018 15:21

Supernumerary - exactly what I was wondering - I can only see mention of “Solid State Batteries for Automotive Applications” which refers to sensors. No mention of high power batteries for drivetrain.

[horneblower] 12/6/2018 15:19

Sad that the directors of Ilika have turned the company into a purely grant funded operation.
In my opinion this is an admission of failure.

[dhewak] 12/6/2018 14:54

Ilika (AIM: IKA), a pioneer in solid-state battery technology and materials innovation, has received an offer of significant grant funding, through the Faraday Battery Challenge Programme, as announced today by the Business Secretary, Greg Clark*.

The Company is the lead partner in the PowerDrive Line project, which is one of 12 innovation projects that have been allocated a total of £22m of grant funding from the government's Faraday Battery Challenge programme. The Faraday Battery Challenge is part of the government's Industrial Strategy Challenge Fund, which brings together world-leading research with businesses to take on the major societal and economic challenges of our time.

The PowerDrive Line project underpins the recently announced extension of the Company's Stereax® solid-state battery roadmap to develop large format cells for the next generation of safer, high-power electric car batteries. In particular, the project will develop a process for manufacturing the batteries at scale and technology for ultra-fast charging. Ilika will establish a pre-pilot line for high power solid-state cells as well as developing the materials supply chain.

Further details of the funding, programme timescale and consortium partners will be provided once the contracts have been completed.Â

*