10th February 2014
Ilika announces the renewal of a commercial contract with an existing customer, which is a US based multi-national in the semi-conductor industry. The objective of the programme is to develop advanced functional materials for use in electronics fabrication processes
Graeme Purdy, CEO of Ilika, said: "This contract renewal reinforces Ilika's business development in the US and will mean that our revenues for this financial year will, broadly, be balanced between the US, Europe and Asia. Solid-state battery development continues to be our main focus of endeavour, but this strengthening of our involvement in the electronics sector, coupled with our expansion into the aerospace sector, as announced in October last year, builds important commercial relationships and gives the company a solid platform for future growth."