15th Jul 2025 21:47
Ilika PLC - Romsey, England-based solid-state battery technology company - Receives further grant support to manufacture the first Goliath A-Sample batteries for automotive applications. Grant is provided from the newly launched Demonstrate fund, facilitated by the Advanced Propulsion Centre UK, in a 12-month, GBP3 million collaboration programme, of which Ilika will receive around GBP1.3 million in grant funding. The programme, which will commence on August 1, will see Ilika partner with HSSMI, a UK based manufacturing consultancy and utilise the electrode production lines at the UK Battery Industrialisation Centre. "The next 12 months promise to be fast-paced and transformational for Goliath and Ilika," says Ilika Chief Executive Graeme Purdy.
Current stock price: 42.50 pence, closed up 9.0% in London on Tuesday
12-month changed: up 57%
By Jeremy Cutler, Alliance News reporter
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