Ilika records first £100,000 revenue from solid-state battery sales

Ilika Plc

Ilika is progressing the commercialisation of its solid-state battery technology, with its Stereax and Goliath product ranges targeting applications across medical devices, electric vehicles, aerospace, defence and industrial equipment.

The UK-based battery developer has reached an early commercial milestone, reporting its first £100,000 in revenue from Stereax electrode sales. The revenue follows a 10-year manufacturing licence agreement with US-based Cirtec Medical, which will manufacture the Stereax range in Massachusetts, while cathode manufacturing remains in the UK.

Ilika is developing two distinct solid-state battery technologies. Its Stereax range focuses on miniature batteries designed for medical devices and industrial Internet of Things applications, while Goliath is a larger-format battery aimed at electric vehicles, aviation and agricultural machinery.

The company is establishing what is described as the UK’s first miniature solid-state battery production line in Southampton to support Stereax manufacturing. The technology is designed to operate across a wide temperature range, making it suitable for applications where conventional battery formats may present limitations.

Its Goliath technology is being developed for larger energy storage requirements, with the potential to offer higher energy density, faster charging and improved battery lifespan compared with conventional lithium-ion technology.

Ilika’s development programme has attracted interest from several industrial sectors. The company has 27 active evaluation agreements covering automotive, defence and consumer applications. These include collaboration with Brompton on next-generation folding electric bicycles using 10Ah prototypes, alongside automotive customer validation of its 2Ah P1 prototypes.

The technology has also undergone testing by a UK defence agency under simulated battlefield conditions, with positive feedback reported by the company.

Scaling production remains a central part of the commercialisation process. Ilika has previously received a £5.2m grant through the Faraday Battery Challenge, which helped support a further £15m fundraising through London Capital Markets.

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.

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