Ilika Ships 10Ah Goliath Battery Prototypes On Schedule

Ilika Ships 10Ah Goliath Battery Prototypes On Schedule

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Related Stocks:ILIKF
Ilika PLC has reached a major development milestone by successfully shipping its 10Ah Goliath solid‑state battery prototypes on schedule, marking a significant step forward in its advanced battery programme. CEO Graeme Purdy highlighted that the timely delivery reflects the company’s commitment to meeting expectations and maintaining its development timelines. The shipped prototypes are now destined for customer evaluation, where feedback will help Ilika further refine its technology. Looking ahead, the company’s next target is the development of a 50Ah cell and progressing licensing discussions, as Ilika plans to scale through partnerships rather than building large manufacturing facilities itself. Its pilot production line has achieved an impressive 93% yield, exceeding typical industry expectations and underlining readiness for commercialisation. In modelling work with Balance Batteries Ltd, Ilika’s technology demonstrated potential benefits such as an approximate 20% reduction in EV battery pack costs and a related increase in vehicle range — positive indicators for future applications. As the year closes, the company is also progressing its Stereax product line and preparing for updates with its half‑year results in early 2026. #IlikaBattery #SolidStateTech #EVInnovation #BatteryMilestone #SlimScan #GrowthStocks #CANSLIM

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Ilika Ships 10Ah Goliath Battery Prototypes On Schedule | SlimScan