Business
Carbon Trust Grant / New Customer Contract
Carbon Trust Grant / New Customer Contract.
About this update from Ilika Plc
[{"type":"text","content":"\n \nRNS Number : 0552F Ilika plc 18 April 2011 \n \n\n\n\n18 April 2011\nIlika plc\n \n(\"Ilika\" or the \"Company\")\n Carbon Trust Grant\nNew Customer Contract for Battery Materials Screening\nIlika plc (AIM:IKA), the advanced cleantech materials discovery company, is pleased to announce that Ilika Technologies Limited has been awarded a £173k research and development grant by the Carbon Trust to undertake further scale-up synthesis and MEA (Membrane Electrode Assembly) testing of high performing palladium alloy compositions for use in fuel cell vehicles.\nIlika is also pleased to announce that it has signed an initial contract with a world leading electronics manufacturer. The contract is to demonstrate Ilika's high throughput, screening technologies for the identification and optimisation of next generation battery materials, in return for stage payments. \nCommenting on these announcements, Graeme Purdy, Chief Executive of Ilika, said:\n\"To have received this continuing commitment from the Carbon Trust is a further testimony to Ilika's technical capabilities. This is reinforced by the award of a further project from another world leading organisation that has chosen Ilika as a materials development partner.\"\nDr Robert Trezona, Director, Research Accelerators at the Carbon Trust, added: \n\"We have been supporting Ilika's fuel cell work for some time and their recent results confirm the major commercial and carbon-saving potential that this UK technology could unlock. Ilika's world-class materials development could significantly improve the cost, performance and durability of clean energy products.\"\n For more information contact:\n \n\n\n\n\nIlika plc \nGraeme Purdy, Chief Executive\nSteve Boydell, Finance Director\n \n\n\n+44 (0) 23 80111400\n \n\n\n\n\nNomura Code Securities Limited \nPhil Walker / Christopher Golden\n \n\n\n+44 (0) 20 7776 1200\n\n\n\n\nPelham Bell Pottinger\nArchie Berens / Olly Scott / Francesca Tuckett\n\n\n+44 (0) 20 7861 3232\n \n\n\n\n\n \n About Ilika \nIlika is an advanced materials company which accelerates the discovery of new and patentable materials using its unique high throughput technologies (''HTT'') process for identified end uses in the energy, electronics and biomedical sectors. This process enables hundreds of sca...