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Share Name Share Symbol Market Type Share ISIN Share Description
Ilika 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
  -0.20p -0.52% 38.40p 38.00p 39.00p 39.50p 38.00p 38.00p 424,159 16:35:21
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Alternative Energy 2.1 -3.3 -3.7 - 38.68

Ilika plc Stereax batteries yield record energy density

12/02/2019 7:00am

UK Regulatory (RNS & others)


Ilika (LSE:IKA)
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RNS Number : 6768P

Ilika plc

12 February 2019

Ilika Plc

("Ilika" or the "Company")

Ultra-thin Stereax(Ò) batteries yield record energy density

Ilika plc (AIM: IKA), the advanced solid-state battery technology company, announces it has increased, by a factor of three, the volumetric energy density (its highest ever) of its mm-scale Stereax(Ò) solid-state batteries by introducing wafer-thinning technology into its manufacturing workflow to yield ultra-thin cells.

Ilika's mm-scale battery, code-named Golden Hind, is designed for miniature medical implants, which account for about 50% of the current commercial opportunities in Ilika's licensing pipeline. The cells are fabricated on standard semiconductor industry wafers using Ilika's proprietary vacuum deposition technique. The cells are etched from the materials deposited on the wafer and singulated using standard industry back-end processing techniques. lIika has developed the materials and process technologies to make these cells on its pilot line in Southampton, UK and to align with customer demands.

The latest batteries were thinned using back-end processes common to the semi-conductor industry. This crucial manufacturing step will produce ultra-thin solid-state batteries about 250 um in thickness, which is not much thicker than a postage stamp.

Golden Hind prototypes are currently undergoing parallel evaluation at Ilika's facility to fully qualify the cells for a product launch in Q2 2019.

Graeme Purdy, Ilika CEO, stated: "This is the latest improvement in the processing of miniature Stereax(Ò) cells. We are integrating our unique approach to materials deposition with standard semiconductor manufacturing technology to deliver best in class solutions."

 
 
  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.

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February 12, 2019 02:00 ET (07:00 GMT)

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