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IKA Ilika Plc

28.50
1.00 (3.64%)
24 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
  1.00 3.64% 28.50 27.00 30.00 28.50 27.50 27.50 129,450 12:59:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Coml Physical, Biologcl Resh 702k -7.3M -0.0459 -6.21 45.31M

Ilika plc Autonomous Sensor Deployment Project

08/01/2019 7:00am

RNS Non-Regulatory


TIDMIKA

Ilika plc

08 January 2019

Ilika Plc

("Ilika" or the "Company")

Autonomous Sensor Deployment Project

Ilika plc (AIM: IKA), the advanced solid-state battery technology company, announces it has entered into a demonstration project to deploy its Stereax(â) M250 batteries to power an autonomous wireless sensor for environmental sensing and asset tracking.

Ilika will receive c. EUR260,000, which will cover all its costs from Horizon 2020, which is the European Commission's research and innovation programme. In this project Ilika will collaborate with four commercial partners, Lightricity (PV cells), e-peas (power management), Microdul and Penta (sensors) and three research organisations, IMEC, CERTH and Zurich University.

The project objective is to use a combination of Stereax(â) batteries and photovoltaic cells to power a smart sensing card with multi-sensing capabilities covering imaging, CO(2) sensing and temperature measurement. In addition, the card will be designed with security features to ensure low vulnerability, user and device authentication, intrusion prevention and detection and overall enhanced cyber-secure operation. The device will be designed for deployment in smart cities (air quality management), smart homes (indoor air quality and comfort), smart work places (indoor comfort, occupancy and productivity) and industrial environments (HSE monitoring during inspection activities).

Graeme Purdy, Ilika CEO, stated: "This is a great opportunity for Ilika to work with other commercial organisations from the Internet of Things ecosystem in Europe with a view to bringing its Stereax(R) M250 batteries to market. The sensor applications have been carefully selected to demonstrate the lower total cost of ownership achievable by using a combination of energy harvesting from a photovoltaic cell in conjunction with a Stereax(â) M250 battery."

 
 
  For more information contact: 
 
  Ilika plc                                                  www.ilika.com 
Graeme Purdy, Chief Executive                           Tel: 023 8011 1400 
Steve Boydell, Finance Director 
 
Liberum Capital Limited                                 Tel: 020 3100 2000 
Andrew Godber, Cameron Duncan 
 Trystan Cullen, William Hall 
 
Walbrook PR Ltd                  Tel: 020 7933 8780 / ilika@walbrookpr.com 
Paul Cornelius                                          Mob: 07866 384 707 
Lianne Cawthorne                                        Mob: 07584 391 303 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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(END) Dow Jones Newswires

January 08, 2019 02:00 ET (07:00 GMT)

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