Strategy

Ilika is a globally recognised specialist in the development of solid state batteries. The company has developed two product lines with diversified markets in growing sectors:

• Stereax micro batteries for Active Implantable Medical Devices (AIMDs) and industrial wireless sensors
• Large format Goliath batteries for electric vehicles (EVs) and consumer appliances.

Ilika has an asset-light business model, in which its IP is licensed to manufacturing partners. Ilika demonstrates its products on its own pilot production facilities and giga-scale production equipment at national facilities such as the UK Battery Industrialisation Centre (UKBIC). Following initial licencing Ilika will continue to innovate in the SSB space optimising our core technology to provide continuous improvement while opening up secondary markets such as the Industrial Internet Of Things (IIOT) for Stereax and Defence and consumer applications for Goliath.