Business
Goliath Scale-up Progress
Goliath Scale-up Progress.
About this update from Ilika Plc
[{"type":"text","content":"\n\n5 February 2025\nIlika plc\n('Ilika,' the 'Company,' or the 'Group')\n \nGoliath Scale-up Progress\n \nKey Scale-up Result from Collaboration with UKBIC\n \nIlika (AIM: IKA), the UK pioneer in solid-state battery technology, announces that its collaboration with the UK Battery Industrialisation Centre (UKBIC) has successfully demonstrated its ability to scale key steps in the manufacturing of its Goliath battery, which is expected to reduce costs, increase the range of electric vehicles and reduce their charging time.\n \nThis successful demonstration of manufacturing in a giga-scale factory setting, using industry standard equipment, marks another step towards commercialisation and follows progress in 2024 including the start of commercial testing, shipping of the first batch of prototype Goliath batteries to customers, and the release of validated safety data. \n \nGraeme Purdy, CEO of Ilika, said: \"We are delighted with the teamwork at UKBIC, which has delivered an excellent outcome, demonstrating the large scale preparation of Goliath electrolyte and the coating of our composite electrode-electrolyte. We look forward to further collaboration on our commercialisation journey and welcome the UK government's recent announcement of £2B of funding which will catalyse faster progress in this space.\"\n \nSean Gilgunn, Managing Director of UKBIC, said:\n\"This success highlights the valuable contribution UKBIC can make to scaling up innovation in the UK's growing battery sector. Ilika's technology is a great example of the kind of cutting edge thinking which can drive the UK economy when properly supported.\" \n \nIlika announced in October 2023 receipt of grant support from the Automotive Transformation Fund ('ATF') in an 18-month, £2.7 million collaboration programme to scale up Ilika's Goliath solid-state battery production capability. Via the programme, Ilika partnered with Mpac Group plc ('Mpac') (AIM: MPAC) global supplier of packaging and assembly automation, UKBIC and Agratas, Tata Group's global battery business.\n \nIn this collaboration, codenamed Project SiSTEM, UKBIC and Ilika have carried out physical trials to demonstrate preparation and roll-to-roll coating of its proprietary solid state materials. The ongoing trials are providing evidence that Ilika'...