RCS - Ilika plc - First Stereax Manufacturing Facility Opened

IlikaAnnouncement

06/12/2021 07:00

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RNS Number : 5901U  Ilika plc  06 December 2021

Ilika plc

("Ilika" or the "Company")

 

First Stereax Micro Solid State Battery Manufacturing Facility Opened

 

Ilika (AIM: IKA), a pioneer in solid-state battery technology, is pleased to
announce the official opening of its Stereax solid state battery manufacturing
facility in Chandlers Ford, UK on Friday 3 December 2021.  The new facility
will manufacture Stereax micro batteries that are designed for powering next
generation implanted medical devices and wireless sensors used in the
Industrial Internet of Things.

The facility was opened by Rt Hon Steve Brine, MP and the Rt Hon Lord
Willetts, former Minister of State for Universities and Science and author of
the influential "Eight Great Technologies" government policy. Representatives
from the local council and the National Microelectronics Institute also
supported the opening. The ribbon was cut to the new cleanrooms where a
controlled environment will enable the manufacture of Stereax batteries to the
desired reliability, yield and quality that will provide customers with a
top-quality power source for their devices.

Ilika has been developing Stereax mm-scale batteries and this new facility
will now enable manufacture at scale, ready for commercialisation from Q2 2022
of Ilika's first product, the Stereax M300 micro battery (300uAh,
5.6x3.6x0.9mm).

Rt Hon Steve Brine, MP stated: "I am delighted that Ilika has created this
advanced facility in my constituency. Ilika's cutting edge technology and the
opportunities that this manufacturing facility brings to the area are vital in
supporting a diverse local economy"

Ilika's CEO Graeme Purdy, stated: "We are very excited to open this new
facility which will be the first of its kind in the UK and we are looking
forward to selling Stereax micro batteries to markets that cannot be addressed
with conventional batteries. I'd like to thank all employees for their hard
work and both our investors and Innovate UK for their continued support."

 

 For more information contact:
 Ilika plc                                               www.ilika.com (http://www.ilika.com/)
 Graeme Purdy, Chief Executive                           Via Walbrook PR
 Steve Boydell, Finance Director

 Liberum Capital Limited (Nomad and Joint Broker)        Tel: 020 3100 2000
 Andrew Godber, Cameron Duncan,
 William Hall, Nikhil Varghese

 Joh. Berenberg, Gossler & Co. KG (Joint Broker)         Tel: 020 3207 8700
 Emily Morris, Detlir Elezi,
 Alamgir Ahmed, Milo Bonser

 Walbrook PR Ltd             Tel: 020 7933 8780 / Ilika@walbrookpr.com
 Lianne Applegarth                                       Mob: 07584 391 303
 Nick Rome                                               Mob: 07748 325 236
 Tom Cooper                                              Mob: 07971 221 972

 

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