Ilika has announced a £3.5m gross fund-raise, which provides balance sheet strength before the company enters commercial licence negotiations for its Goliath solid state battery (SSB) technology. This balance sheet strength puts it in a better negotiating position and it will be able to focus on longer-term shareholder value rather than short-term funding. We see growing interest in Goliath, as the P1 evaluations have shown that Ilika has an oxide-based SSB that not only works but performs to sp ....

22 May 2025
Ilika - Institutional support to help negotiations

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Ilika - Institutional support to help negotiations
Ilika plc (IKA:LON) | 35.5 -0.1 (-0.6%) | Mkt Cap: 59.7m
- Published:
22 May 2025 -
Author:
John-Marc Bunce -
Pages:
16 -
Ilika has announced a £3.5m gross fund-raise, which provides balance sheet strength before the company enters commercial licence negotiations for its Goliath solid state battery (SSB) technology. This balance sheet strength puts it in a better negotiating position and it will be able to focus on longer-term shareholder value rather than short-term funding. We see growing interest in Goliath, as the P1 evaluations have shown that Ilika has an oxide-based SSB that not only works but performs to sp ....