Ilika Achieves Solid-State Battery Scale-up Milestone
Why we think this is neutral
This RNS announcement provides a general update on Ilika's progress in scaling up its Goliath solid-state battery technology. While the news is positive, it does not contain any of the mandatory news types that would require a more detailed analysis and sentiment scoring.
Key Points
- Ilika confirms superior performance of Goliath solid-state batteries manufactured at industrial scale
- Improved manufacturing yield and battery performance compared to pilot line
- Successful completion of Project SiSTEM to scale up Goliath solid-state battery production
- 1.5MWh solid-state battery assembly line from Mpac planned for delivery in H2 2025
Summary
Ilika plc (AIM: IKA) has confirmed the superior performance of its Goliath solid-state batteries manufactured via an industrially scaled process at The UK Battery Industrialisation Centre (UKBIC). This further underpins confidence that the battery is on track for market, reducing costs, increasing range and reducing charging time of electric vehicles.
Ilika has used the scaled materials to build a batch of 10Ah prototype cells, which showed higher manufacturing yield and superior performance compared to cells made on Ilika's pilot line. This confirms the suitability of Ilika's Goliath process for giga-factory deployment.
The company also announced the successful completion of Project SiSTEM, a collaboration with UKBIC, Mpac Group, and Agratas to scale up Ilika's Goliath solid-state battery production capability. The associated 1.5MWh solid-state battery assembly line from Mpac is planned for delivery in H2 2025.