26th Aug 2020 14:22
Ilika PLC - Romsey, England-based solid-state battery technology developer - Enters detailed commercial talks with two third-party fabrication facilities. Aims to conclude discussion in fourth quarter of 2020. Still expecting most significant long-lead equipment item, Tool 1, will be ready for delivery to company in Q4. Places order for Tool 2, to be synchronised with approval of Tool 1 delivery. Both tools balanced to deliver 70 times productivity increase versus current pilot line capability. Appoints Paul Marron, with "extensive operational experience in the semiconductor, automotive and aerospace industries", as technology transfer director.
Current stock price: 86.00 pence
Year-to-date change: Up more than 100%; 29.45p on December 31
By Anna Farley; [email protected]
Copyright 2020 Alliance News Limited. All Rights Reserved.
Related Shares:
Ilika Plc