New investment enables Ilika to become solid-state battery manufacturing company

Ilika is making significant steps to implement its manufacturing strategy for Stereax solid-state batteries, using some of the recently over-subscribed £14.2m investment which showed investor support and belief in the technology.

Ilika has awarded a contract for the procurement of a bespoke evaporation tool (Tool 1) which – with the longest lead time of manufacturing equipment required for FAB implantation – will be ready in Q4 2020. Tool 1 will enable rapid deposition of cathode materials for Stereax batteries and with a 70x productivity increase compared the current pilot line capability, it can produce thousands of wafers a year.

Production of its Stereax microbatteries will be done by a third-party fabrication facility (FAB) and responses to Requests for Information from four FABs in Europe and North America have already been received.

Ilika plc (LON:IKA) is a pioneer in materials innovation and has been inventing new materials for energy and electronics applications for over a decade. Global brands such as Rolls Royce and Toyota have long term collaborations with Ilika’s development teams.

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