Ilika raises £25million to invest in its ground-breaking battery technologies

By Stewart Dalby On the face of it, a first glance at some of the financials in Ilika’s Financial Statement for the year ended 30 April 2021 released on 6 July 21 suggested the AIM-listed group could have fallen on hard times. The report from the pioneer in solid-state battery technology informed shareholders that in [...]

By |2021-07-17T08:29:27+00:00July 15th, 2021|Ilika Plc|Comments Off on Ilika raises £25million to invest in its ground-breaking battery technologies

Ilika accelerates the scaling up of sales of its Stereax mini-batteries

By Stewart Dalby We last wrote about Ilika plc on 18 June 2020 when we commented on the AIM-listed company’s final-results for the financial year (FY) 2019/2020 which ended on 30 April 2020. At that point the company was loss-making and had a share price of 51 pence. Last week on 14 January the interim [...]

By |2021-01-22T20:54:44+00:00January 21st, 2021|Ilika Plc|Comments Off on Ilika accelerates the scaling up of sales of its Stereax mini-batteries

Ilika’s £15million fund raising is to be used to scale up its micro-batteries division

By Stewart Dalby Some Aim companies involved in fuel cells battery development, and hydrogen fuelling have seen their share prices go pretty wild over the past 52-week period, despite the fact that they are loss-making. Ceres Power Holdings, which is involved in solid oxide fuel cells, came up from a low of 165.50 pence to [...]

By |2020-06-23T18:03:00+00:00June 18th, 2020|Ilika Plc|Comments Off on Ilika’s £15million fund raising is to be used to scale up its micro-batteries division

Investors show more interest in Ilika as it makes progress with electric vehicle batteries

Ilika Plc’s share price has been climbing steadily since the end of November, reaching a three-year high in January after having declined steadily throughout most of 2019. No single event seems to have triggered this rise but it is likely that the world’s increasing interest in electric vehicles and the internet of things has finally [...]

By |2020-02-12T09:14:33+00:00February 11th, 2020|Ilika Plc|Comments Off on Investors show more interest in Ilika as it makes progress with electric vehicle batteries

Ilika starts to climb out of the world of grants and subsidies and creeps closer to commercialism

Ilika plc describes itself as a pioneer in solid–state battery technology and as a materials innovation company. It has developed a type of lithium-ion battery, which instead of using a liquid or polymer electrolyte, uses a ceramic ion conductor. Three or four years ago the London AIM-listed Ilika elected to focus its cell development on [...]

By |2019-02-16T11:10:04+00:00February 5th, 2019|Ilika Plc|Comments Off on Ilika starts to climb out of the world of grants and subsidies and creeps closer to commercialism

Ilika achieves a significant increase in revenue as it finds new commercial applications

Ilika plc describes itself as a pioneer in solid–state battery technology and as a materials innovation company, that has developed a type of lithium-ion battery, which instead of using a liquid or polymer electrolyte, uses a ceramic ion conductor. Two or three years ago the London AIM-listed Ilika elected to focus its initial cell development [...]

By |2018-07-25T08:34:16+00:00July 24th, 2018|Ilika Plc|Comments Off on Ilika achieves a significant increase in revenue as it finds new commercial applications

Ilika expects a significant increase in revenue as it continues to hunt for commercial applications

In a recent trading statement Ilika said that financial results for the six months to October 31 are expected to show an increased revenue of £1.0m, up three-fold from £0.3m for the same period last year.  Operating losses also dropped to £1.4m (H1 2016: £1.9m). This increase should be put in context of the last [...]

By |2017-12-06T12:41:41+00:00December 6th, 2017|Ilika Plc|Comments Off on Ilika expects a significant increase in revenue as it continues to hunt for commercial applications

Ilika obtains more grants but is still working on its batteries

Ilika, the developer of specialised small Lithium-ion solid-state batteries and of new materials, continues to live on grants and research funding. In the half-yearly report released on 9 January the company announced success in obtaining a new grant for £365 thousand over 3 years and two notices of intent for grants amounting to £1.4 million [...]

By |2017-06-25T07:42:36+00:00January 23rd, 2017|Ilika Plc|Comments Off on Ilika obtains more grants but is still working on its batteries

Ilika plc, the developer of new materials, have produced a high performance miniature battery

Ilika have released their final results for the year to 30 April 2016, reporting a decreased revenue of £0.6m (2014: £1.1m) – almost all from a single grant - and an increased loss of £3.5m (2014: £2.7m). The share price dropped nearly 15 per cent to 45p. Ilika specialise in the rapid development of new [...]

By |2017-12-05T17:52:28+00:00July 11th, 2016|Ilika Plc|Comments Off on Ilika plc, the developer of new materials, have produced a high performance miniature battery
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