Business
Toyota Funds Collaboration with Ilika
Toyota Funds Collaboration with Ilika.
About this update from Ilika Plc
[{"type":"text","content":"\n \nRNS Number : 9291Y Ilika plc 09 March 2017 \n\n \nIlika plc\n(\"Ilika\" or the \"Company\")\n \nToyota Funds Collaboration with Ilika\n \nIlika (AIM:IKA), a pioneer in materials innovation and solid-state battery technology, announces an initial, one-year, commercially-funded project to develop game-changing energy materials in collaboration with Toyota. \n \nThe project, which was referenced in the Company's Trading Update released on 23rd November 2016 as a commercially-funded materials development programme from an existing customer, will be managed through the Toyota Research Institute (\"TRI\") in the USA. The project is part of a wider programme within TRI and details of this wider collaboration will be announced in due course.\n \nCandidate materials will be made and tested using Ilika's unique high throughput platform. Promising materials will be further scaled-up by Toyota and its suppliers for deployment in its future low-emission vehicles.\n \nThis project will combine Ilika's thin film solid-state materials synthesis and characterization technology, with Toyota's automotive leadership.\n \nCommenting on this collaboration, Graeme Purdy, Ilika CEO, said: \"We are delighted to have broadened and deepened our relationship with the Toyota Group. Toyota is demonstrating global vision in the innovation and implementation of leading-edge technology in next generation automotives.\"\n \n \nFor more information contact:\n \n\n\n\n\nIlika plc \n\n\nwww.ilika.com\n\n\n\n\nGraeme Purdy, Chief Executive\n\n\nTel: 023 8011 1400\n\n\n\n\nSteve Boydell, Finance Director\n\n\n \n\n\n\n\n \n\n\n \n\n\n\n\nNumis Securities Limited\n\n\nTel: 020 7260 1000\n\n\n\n\nOliver Cardigan/ Paul Gillam /\n\n\n \n\n\n\n\nJames Black\n\n\n \n\n\n\n\n \n\n\n \n\n\n\n\nWalbrook PR Ltd \n\n\nTel: 020 7933 8780 or \n\n\n\n\nPaul Cornelius \n\n\[email protected]\n\n\n\n\nPaul McManus \n\n\n \n\n\n\n\n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END AGRBCGDXUUGBGRI\n ","length":5122,"tagName":"div"}]