Q&A with Steve Boydell Chief Financial Officer at Ilika plc (LON:IKA)

Ilika plc (LON:IKA) Chief Financial Officer Steve Boydell caught up with DirectorsTalk for an exclusive interview to discuss their new partnership with Chinese manufacturers Titan Wind

 

Q1: Today we saw the announcement of a collaboration with Titan Wind, using Ilika’s batteries for conditional monitoring of wind turbines. Why is it that these blades cannot be monitored using existing widely available batteries?

A1: Well, this deployment is a great example of where Ilika’s Stereax solid-state battery are strong differentiated from existing battery technologies and there are four key requirements for batteries for this collaboration that other batteries are unable to address.

First, wind turbine blades present a hostile environment requiring robust batteries able to cope with an extended temperature range and second, the batteries need to be able to handle the low currents generated by the vibration energy harvester. Third, they need to have a compact design so they can be integrated into a composite blade and finally, they need to have a long life, matched to that of the blade.

 

Q2: Today’s announcement included the appointment of a Business Development Director with responsibility for China, is this a new region of focus for the company?

A2: China is an important for the Internet of Things which we believe is a good fit with our solid-state batteries, significantly, the Industrial Internet of Things market is growing there at a faster rate than the consumer Internet of Things. Lou Ming’s appointment will enable us to better address these emerging opportunities.

 

Q3: So, does this mean that we can expect more collaborations of this type for Ilika?

A3: Well, this development project is a good example of the collaborations that should be viewed as the precursors to the broader licencing model that the company’s pursuing.

Click to view all articles for the EPIC:
Or click to view the full company profile:
Facebook
Twitter
LinkedIn
Ilika Plc

More articles like this

Ilika plc

Ilika at Battery Thermal Management Innovation Summit

Event Name: Battery Thermal Management Innovation Summit Ilika at the show: Denis Pasero will be on a panel discussing Revolutionising Electric Vehicles: Unleashing the Potential of Solid State Batteries on Wednesday 24 April at 17:00 Date:

Ilika plc

Ilika updates on HISTORY program

“Consortium of UK companies, universities and one government catapult join forces to develop a very British solid state battery for electric vehicles”. This was the kind of headlines you could read 12 months ago, at the

Ilika plc

Ilika Stereax & Goliath on the pathway towards commercialisation

Ilika plc (LON:IKA), a pioneer in solid-state battery technology, has announced its unaudited half-year report for the six months ended 31 October 2023. Operating Highlights: During the period, significant progress has been made with both Ilika’s thin-film

Ilika plc

Ilika at the NANS Annual Meeting

Ilika at the show: Ilika will be on the Cirtec Medical booth #505 Date: 18th Jan 2024 – 21st Jan 2024 Location: Las Vegas, USA NANS was formed in 1994 through the efforts of a group of neuromodulators 

Ilika plc

Ilika, an APC Success Story

Ilika plc (LON:IKA) is a pioneer in solid state battery technology enabling solutions for applications in Industrial IoT, MedTech, Electric Vehicles and Consumer Electronics.

Ilika plc

2023: A Year in Solid State Batteries

As 2023 is coming to an end, now is a good time to reflect on the exciting activities that took place at Ilika this year. If I had to pick the biggest two events of the

Ilika plc

Innovators leading the charge towards a more energy-efficient future

Summary:The realm of battery technology is witnessing an evolutionary leap towards solid-state batteries (SSBs), promising greater energy density, safety, and longevity compared to conventional lithium-ion counterparts. This article explores some of the top solid-state battery companies