Ilika Technologies Ltd was founded in 2004 as a spin-out from the School of Chemistry at the University of Southampton. The company quickly established an international reputation for the rapid development of novel materials and secured grants as well as long-term partnerships with a portfolio of blue-chip companies, including Toyota and Shell. Since 2015 the main focus has been on the development of miniature batteries, leading to the launch of the StereaxTM M250 re-chargeable solid-state battery in April 2016. These are being evaluated by various equipment manufacturers while Ilika works on improvements and continues to receive valuable grants.
Exchange: London AIM (IKA)
Financial Data from Exchange website: LSE summary
Recent Financial Report: Half year report to October 2016
Further Information: Ilika’s unique high throughput technology accelerates the sdiscovery of new and patentable materials for identified end sers. In a few automated steps, this process rapidly synthesises a large number of different structurally-related materials which can then be tested for the necessary properties. Experiments carried out by Ilika can be executed 10 to 100 times faster than the traditional methods which may take from 7 to 10 years to move from initial discovery though to the first commercial prototype.
The Stereax batteries have high energy density in the smallest possible footprint (10mm square and less than 1mm thick), with distinct benefits over lithium batteries and highly suitable for the internet of things.
Contact Details: Ilika Plc, Kenneth Dibbin House, Enterprise Road, University of Southampton Science Park, Chilworth, Southampton SO17 7NS, U.K.
Chairman: Mike Inglis
CEO: Graeme Purdy
Fields of interest: Energy storage