Ilika’s recent £24.7m fundraise is further evidence that the investor community is backing Ilika in its pursuit to design superior batteries using our solid state technology. Solid state batteries (SSB) are sometimes described as the Holy Grail in terms of energy storage and researchers around the world are working hard to turn lab prototypes into multi-cell pouches, high cycle life batteries with the energy and power density theoretically expected from this technology; whilst at the same time planning for scale-up (see more on our scale-up).
Ilika’s journey into SSB started over ten years ago when we collaborated with Toyota on early work on solid electrolytes. We then developed our own IP and launched a design and manufacturing program, Stereax, for micro-SSB, mm-scale and mAh-level cells for implanted medical devices and IoT sensors.
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.