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Ilika Plc

INTERVIEW: A Great Year for Ilika Plc

Ilika Plc (LON:IKA) CEO Graeme Purdy talks to DirectorsTalk about it’s full-year results for the year ended 30 April 2017. Graeme talks us through the milestones the company has passed this year, explains the increase in revenue, talks about a significant programme in place with Toyota and provides us with some insight into the commercial pipeline for the coming year.

 

Ilika plc has world class expertise in accelerated materials innovation, including in the automotive, aeronautical and electronic components sectors. Global brands such as Rolls-Royce and Toyota have long-term collaborations with the company. High throughput technology enables functional materials to be made, characterised and tested up to 100 times faster than traditional techniques. Robust datasets enhance intellectual property value, optimise product performance and reduce time to market, thereby maximising return on R&D investment.

Miniaturised batteries are a critical enabler to current and emergent technologies, including wearables, medical devices and the Internet of Things (IoT). Ilika has been a solid state battery technology innovator since 2008 and offers its Stereax™ technology to companies who need energy efficient batteries. These are very small footprint, energy dense batteries, with distinct benefits over lithium ion batteries. Instead of a liquid or polymer electrolyte, Ilika’s patented technology uses a ceramic ion conductor. This provides many benefits, including faster to charge and offering up to 10 years’ life span because of their very low leakage currents. They are non-flammable and can be integrated into Integrated Circuit components to reduce end device size. When paired with an energy harvester, they can provide a truly fit-for-life performance.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.