Ilika Plc (LON:IKA) CFO Steve Boydell talks to DirectorsTalk about it’s new partnership with Chinese manufacturer Titan Wind Energy (suzhou) Co Ltd to provide solid state battery powered devices for the condition monitoring of wind turbines. Steve explains why it is that these blades cannot be monitored by existing widely available batteries, what the appointment of a business development director with responsibility for China means and possible further collaborations of this type.
About Ilika Plc
Ilika plc is a pioneer in materials innovation and solid-state battery technology. The Company has been inventing new materials for energy and electronics markets for over a decade, including in automotive, aeronautical and electronic components sectors. Global brands such as Rolls Royce and Toyota collaborate with Ilika’s development teams to create innovative products or improve the performance of existing components. By applying that heritage of patented materials invention, the Company has developed ground-breaking solid-state batteries to meet the specific demands of a wide range of applications in the Internet of Things (IoT).
The company is now licensing its battery technology IP to partners for IoT sensors for the Smart Home/Building; Medical; Automotive and Transportation sectors around the world. It’s Stereax battery technology IP family offers compelling advantages over conventional lithium ion batteries, including: smaller footprint (energy density), non-toxic properties, faster charging, increased cycle life, low leakage and reduced flammability. The company is working to help build the connected world, removing the constraints of energy source for designers and engineers by delivering ‘fit once and forget’ power wherever it is needed. The company is headquartered in the UK and has operations in the USA and Japan.
About Titan Wind Energy
Titan Wind Energy (suzhou) Co Ltd (SHE:002531) engages in the research, design, manufacture, and distribution of wind towers worldwide. The company distributes its towers to the United States, Canada, Brazil, Germany, Sweden, the United Kingdom, Romania, Spain, Australia, New Zealand, Thailand, India, and Outer Mongolia, as well as other parts of the world. Titan Wind Energy (Suzhou) Co., Ltd. was founded in 2005 and is headquartered in Taicang, China.