FY25 interims are in line with full-year forecasts, with cash of circa £7.5m at April year end. Ilika has made stellar progress commercialising its solid-state-battery ‘SSB’ technology in both micro Stereax™ for miniature medical device markets and larger Goliath for EV application formats. Stereax, via US production and licensee partner Cirtec medical, is set-up to deliver first commercial revenues in CY25 while the Goliath program targets a minimum viable product ‘MVP’ for EV application in CY25 and the associated intensification of automotive OEM licensing interest.

21 Jan 2025
FY25 interim: solid-state progress toward commercial revenue

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FY25 interim: solid-state progress toward commercial revenue
Ilika plc (IKA:LON) | 34.0 -0.6 (-4.8%) | Mkt Cap: 57.2m
- Published:
21 Jan 2025 -
Author:
Dr Tom McColm -
Pages:
7 -
FY25 interims are in line with full-year forecasts, with cash of circa £7.5m at April year end. Ilika has made stellar progress commercialising its solid-state-battery ‘SSB’ technology in both micro Stereax™ for miniature medical device markets and larger Goliath for EV application formats. Stereax, via US production and licensee partner Cirtec medical, is set-up to deliver first commercial revenues in CY25 while the Goliath program targets a minimum viable product ‘MVP’ for EV application in CY25 and the associated intensification of automotive OEM licensing interest.