Ilika PLC (AIM:IKA, OTCQX:ILIKF, FRA:I8A) CEO Graeme Purdy joined Stephen Gunnion in the Proactive studio with more on the company’s major milestones in solid-state battery development and what investors can expect in 2026.
Purdy said 2025 was a pivotal period for the company, highlighting significant progress across both its Goliath and Stereax battery programmes. Purdy explained that 2025 delivered key technical and commercial milestones, positioning Ilika at the forefront of solid-state battery innovation.
Starting with Goliath, Ilika’s large-format solid-state battery aimed at electric vehicles and consumer applications, Purdy confirmed that early 2Ah prototypes successfully validated performance. He said the batteries “did what it says on the tin”, helping to build credibility with customers and placing Ilika among a small, leading cohort of global solid-state battery developers. Progress continued with the commissioning of an automated assembly line, enabling the production of 10Ah prototype cells that were released to customers by the end of the year.
Purdy also highlighted the importance of partnerships in accelerating development, including collaboration with Jaguar Land Rover, Oxford University’s Professor Paul Shearing, and the UK Battery Industrialisation Centre. These partnerships, he noted, reduce cost, improve safety outcomes, and help avoid unnecessary development risks.
Turning to Stereax, Ilika’s small-format battery technology for medical devices, Purdy outlined how a technology transfer agreement with Cirtec Medical led to process qualification and the start of production. The company has now received its first purchase order related to Stereax M300 batteries, marking the beginning of production ramp-up and revenue generation.
Looking ahead, Purdy said Ilika is “working at the leading edge of battery deployment” and is within reach of some of the largest and most exciting battery markets globally.
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