Ilika plc Goliath manufacturing design collaboration (4516U)
April 06 2021 - 1:00AM
UK Regulatory
TIDMIKA
RNS Number : 4516U
Ilika plc
06 April 2021
Ilika plc
("Ilika" or the "Company")
Goliath manufacturing design collaboration with Comau
GBP235,000 grant funding towards 12-month project
Ilika (AIM: IKA), a pioneer in solid-state battery technology,
announces it is collaborating with Comau, part of the Fiat Group,
and a world leader in the industrial automation field, to scale up
Ilika's existing Goliath pre pilot line and deliver a plant design
for a Goliath manufacturing line at a mega-scale facility (the
"Project").
The design study is being supported by the Advanced Propulsion
Centre (APC) and Ilika will receive a GBP235,000 grant towards its
related costs over the 12-month project.
The Project, which is led by Ilika, has two objectives, firstly
to design the scale up of Ilika's existing Goliath pre pilot line
to increase production of solid-state cells from 1kWh per week to
10kWh per week. Secondly, Comau will undertake a full study of
Ilika's processes and deliver a plant design for a megawatt scale
solid-state manufacturing line for ultimate installation at the UK
Battery Industrialisation Centre (UKBIC).
These manufacturing scale up activities are running in parallel
with Ilika's Goliath solid-state technology developments to ensure
Ilika can deliver its batteries to the global marketplace cost
effectively and within the quickest time frame.
Automotive Transformation Director at the APC, Julian
Hetherington said: "As part of the second round of feasibility
study funding by the Automotive Transformation Fund, we are pleased
to award Ilika and Comau a grant of GBP495,700. This funding is a
great start in supporting companies like Ilika as they advance
their future product development and manufacturing processes for a
future net-zero vehicle supply chain. "
Graeme Purdy, Ilika CEO, stated: "This project is an important
step in the scale up of our Goliath technology and represents an
exciting opportunity to work with Comau, one of the world's leading
designers of innovative engineering solutions. We are a strong team
ideally placed to deliver a strong manufacturing capability for
Goliath solid-state batteries."
For more information contact:
Ilika plc www.ilika.com
Graeme Purdy, Chief Executive Via Walbrook PR
Officer
Steve Boydell, Finance
Director
Liberum Capital Limited Tel: 020 3100 2000
Andrew Godber, Cameron
Duncan, William Hall, Nikhil
Varghese
Walbrook PR Ltd Tel: 020 7933 8780 / Ilika@walbrookpr.com
Tom Cooper Mob: 0797 122 1972
Lianne Cawthorne Mob: 07584 391 303
Nick Rome Mob: 07748 325 236
About Ilika:
Ilika plc (AIM: IKA) is a pioneer in solid state battery
technology with their Stereax micro batteries for next-generation
MedTech devices and their Goliath large format batteries for
electric vehicles and cordless consumer electronics.
More information can be found at www.ilika.com and on Twitter
@ilikaplc.
Ilika plc (AIM: IKA) is a pioneer in solid state battery
technology with their innovative Stereax micro batteries designed
for next-generation MedTech markets, and their Goliath large format
batteries for the electric vehicle and consumer electronics
markets. Ilika works closely with its ecosystem of partners to
provide customisable Stereax micro batteries and develop its
Goliath Wh-level solid state battery pouches and cells. The company
is building a consortium of global expertise with its Goliath
Leader Partnership program.
Find more about Ilika and their innovative solid state battery
technology at www.ilika.com and on Twitter at @ilikaplc.
About the Advanced Propulsion Centre:
The Advanced Propulsion Centre (APC) collaborates with UK
government, the automotive industry and academia to accelerate the
industrialisation of technologies, supporting the transition to
deliver net-zero emission vehicles. Since its foundation in 2013,
APC has funded 150 low-carbon projects involving 375 partners,
working with companies of all sizes, and has helped to create or
safeguard over 50,000 jobs in the UK. The technologies developed in
these projects are projected to save over 260 million tonnes of
CO2, the equivalent of removing the lifetime emissions from 10.2
million cars.
With its deep sector expertise and cutting-edge knowledge of new
propulsion technologies, APC's role in building and advising
project consortia helps projects start more quickly and deliver
increased value. In the longer term, its work to drive innovation
and encourage collaboration is building the foundations for a
successful and sustainable UK automotive industry.
In 2019 the UK government committed the Automotive
Transformation Fund (ATF) to accelerate the development of a
net-zero vehicle supply chain, enabling UK-based manufacturers to
serve global markets. ATF investments are awarded through the APC
to support strategically important UK capital and R&D
investments that will enable companies involved in batteries,
motors and drives, power electronics, fuel cells, recycling, and
associated supply chains to anchor their future.
For more information go to apcuk.co.uk or follow us @theapcuk on
Twitter and Advanced Propulsion Centre UK on LinkedIn
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