Ilika plc Grant of Battery Patent in China (2067D)
July 05 2016 - 1:00AM
UK Regulatory
TIDMIKA
RNS Number : 2067D
Ilika plc
05 July 2016
5 July 2016
Ilika plc
("Ilika" or the "Company")
Grant of Battery Patent in China
Ilika (AIM: IKA), a pioneer in materials innovation and
solid-state battery technology, announces the grant in China of a
further patent application supporting its proprietary Stereax(TM)
technology.
The application is a member of the patent families that cover
Ilika's proprietary vapour deposition processes used in producing
solid-state batteries directly from the elements. The patent
application was jointly filed with Toyota Motor Company on 21(st)
July 2011. In May 2014, Ilika announced the successful British
grant of this patent application and in March 2015, the Notice of
Allowance in USA. The application went to formal grant in the USA
in June 2015 and in June 2016 Ilika received a notice of the
Decision to Grant in China.
This particular joint filing resulted from collaborative work
undertaken by Ilika and Toyota, which commenced in 2008. This
patent family is one of the two earliest filings of a growing
portfolio of intellectual property (IP) exemplifying Ilika's unique
approach to solid-state battery production using evaporation
sources. The more recent applications in the portfolio contain both
jointly-owned and solely owned IP. The other filing made at the
same time in July 2011 was granted in the UK, Europe and China in
April 2014, July 2015 and November 2015 respectively.
In January 2014, three further international patent applications
from the portfolio were filed under the Patent Co-operation Treaty
(PCT) based upon earlier British priority applications. These were
published in July 2015 and are currently progressing through the
national filing processes.
The scalable stacked cell architecture which Ilika can produce
enables the simple fabrication of cells over a wide range of sizes.
In April 2016 Ilika announced the launch of its first solid-state
battery IP product, the Stereax(TM) M250, designed for powering
wireless sensors, commonly referred to as the "Internet of Things"
(IoT), which is a rapidly growing segment expected to create an
addressable market for micro-batteries in excess of GBP1bn by
2017.
Commenting on this latest development, Graeme Purdy, Ilika CEO,
said: "The grant of this patent further demonstrates the global
strength of Ilika's growing IP portfolio in solid-state batteries.
IoT devices are developing at a rapid rate around the world and
Ilika recognizes the importance of protecting IP in all of the key
markets, including China."
For more information contact:
Ilika plc www.ilika.com
Graeme Purdy, Chief Tel: 023 8011 1400
Executive
Steve Boydell, Finance
Director
Numis Securities Limited Tel: 020 7260 1000
Oliver Cardigan / James
Black / Paul Gillam
Walbrook PR Ltd Tel: 020 7933 8780 / ilika@walbrookpr.com
Paul McManus Mob: 07980 541 893
Lianne Cawthorne Mob: 07584 391 303
This information is provided by RNS
The company news service from the London Stock Exchange
END
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