Ilika development team reaches design-freeze milestone for first customer prototype release of Goliath battery

Ilika Plc (LON:IKA), a pioneer in solid state battery technology, announces it has achieved its D4 development point, which is a design-freeze milestone in the Goliath roadmap upon which Ilika’s first prototype for customer release, P1, is based. The P1 prototype is an intermediate milestone on Ilika’s roadmap to its minimum viable product (MVP) in 2025. The P1 Goliath prototype is a solid-state pouch cell with an NMC cathode and a silicon anode.

The D4 development point is an important milestone for the Company, effectively marking the start of Goliath’s productization journey, being the essential marker for the P1 prototype. The D4 development point means that a number of key data sets – including energy density and power density have been met while showing that the Company is firmly on track to achieve lithium-ion energy parity by the end of the current calendar. Given the data sets that are now achievable the Company will be able to create P1 samples, which comprise four layer stacks, for sale to OEMs for testing.

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