Stereax is a type of lithium-ion battery, which, instead of using liquid or polymer electrolyte, has a ceramic ion conductor. This is particularly important because batteries are a key challenge in the electronics, energy and automotive spaces.
The Internet of Things (IoT) is a driver of market growth and battery technology development. IoT has similar pressures to other electronic devices, such as cost and availability, but also have specific requirements that need a different approach to battery technology.
Ilika plc (LON:IKA) is a pioneer in materials innovation and has been inventing new materials for energy and electronics applications for over a decade. Global brands such as Rolls Royce and Toyota have long term collaborations with Ilika’s development teams.