Ilika PLC (AIM:IKA, OTCQX:ILIKF) CEO Graeme Purdy talked with Proactive's Stephen Gunnion about a significant milestone for the company as it successfully shipped its 10Ah Goliath battery prototypes on schedule. Purdy noted that the delivery reflects the company's commitment to meeting expectations and keeping to its timelines.
The prototypes will now be evaluated by customers, with Ilika expecting collaborative feedback to further refine its solid-state battery technology. Purdy explained that the next key milestone is the development of a 50Ah cell and that licensing discussions are already underway. He emphasised Ilika’s asset-light model, saying that the company does not intend to build large factories itself but will rely on technology transfer and partners to scale up.
Ilika’s pilot line has achieved a 93% yield, which Purdy described as a “really great validation that we have a robust process that is ready for scale up.” This result exceeds typical expectations at this stage and supports the transition towards commercialisation.
The interview also touched on Ilika’s modelling work with Balance Batteries Ltd, which demonstrated potential cost and performance benefits for EV applications. The company claims a 20% reduction in battery pack costs and a corresponding increase in vehicle range when using its technology.
To conclude, Purdy shared that further updates may follow from Ilika’s Stereax product line as the year closes, with half-year results expected in early 2026.
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