Ilika plc Solid-state batteries in the MedTech space (6299V)
April 10 2019 - 1:00AM
UK Regulatory
TIDMIKA
RNS Number : 6299V
Ilika plc
10 April 2019
Ilika plc
("Ilika" or the "Company")
Solid-state batteries enabling miniaturisation in MedTech
Ilika launches mm-scale batteries enabling new innovations in
MedTech where size and safety are paramount
Ilika (AIM: IKA), a pioneer in solid-state battery technology,
announces the launch of Stereax(R) M50 mm-scale solid-state
batteries designed for medical implants. The Stereax M50 takes
solid-state batteries to a new level of miniaturisation enabling
medical device innovations that have previously been limited by the
available battery technology.
Mike Nagy, Chief Technology Officer of Endotronix, which
develops Hemodynamic Monitoring Solutions where Ilika's technology
could be applied, said: "The implantable medical device industry
has a growing need for miniaturised, long-life power sources to
enable wireless data transfer from increasingly sophisticated
devices that are improving patients' lives."
The 'MedTech' space is one of the most challenging environments
for battery technologies. Batteries need to be small enough to be
unobtrusive, enabling implantable devices to be charged in a way
that does not restrict a patient, and have a long a life-span as
possible, avoiding the risks associated with repeated surgical
procedures. They also need to be biocompatible so that they do not
pose a risk to the patient. Each device application may require
different capacities and form factors, which can now be
accommodated with the customisable battery sizes and shapes enabled
by the Stereax M50. Innovation in applications that require
injection into the blood stream, monitoring heart rhythm or
attachment onto the peripheral nervous system for neurostimulation
can be enabled with this technology. These batteries enable
self-sustaining power sources that do not need to be changed
regularly or use inconvenient cabling.
Relative to standard lithium ion batteries, Stereax M50
solid-state batteries have longer life spans of up to 10 years (up
to 5x longer) and lower leakage currents (10x smaller), making them
suitable for low power wireless charging. They can also be
integrated with other electronic components enabling the end
medical device to be kept as small as possible. Stereax M50 yields
leading edge energy density with 50% extra density compared to
other commercially available solid-state batteries.
Graeme Purdy, CEO, Ilika said: "The Stereax product family
continues to grow, addressing a wide range of end applications.
Medical applications are some of the most demanding environments
for battery technology. The Stereax M50 is a smaller, safer and
longer lasting battery, opening up the opportunities of life
enhancing medical devices."
For more information contact:
Ilika plc
Graeme Purdy, Chief Executive Tel: 023 8011 1400
Steve Boydell, Finance
Director
Liberum Capital Limited Tel: 020 3100 2000
Andrew Godber, Cameron
Duncan, Trystan Cullen,
William Hall
Walbrook PR Ltd Tel: 020 7933 8780 / ilika@walbrookpr.com
Paul Cornelius Mob: 07866 384 707
Lianne Cawthorne Mob: 07584 391 303
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END
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