Ilika (AIM: IKA) the UK pioneer in solid state battery technology has announced the signing of a framework agreement with the UK Battery Industrialisation Centre (UKBIC) in support of its scale-up of the Goliath solid state pouch cells.
Solid state battery technology has the potential to transform the performance and safety of consumer devices and electric vehicles over the next ten years addressing issues such a range, charge time and fire safety.
Ilika, one of Europe’s foremost developers in this sector, has received matched funding via Innovate UK’s Faraday Battery Challenge fund to allow them to work in collaboration with UK based automotive OEMs.
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.