lika Technologies Ltd was founded in 2004 as a spin-out from the School of Chemistry at the University of Southampton. The Company quickly established an international reputation for the rapid development of novel materials and secured commercial partnerships with a portfolio of blue-chip companies including Asahi Kasei, Shell, NXP and Toyota. The Company’s growth has been financed by three rounds of venture capital, an initial public offering (IPO) on the London Stock Exchange in May 2010 and a Placing in April 2012.

Ilika invents, tests and selects materials in the laboratory that can be scaled-up for everyday commercial use.
Ilika�s unique process is far quicker and more efficient than traditional materials discovery processes.
Ilika uses high throughput, or combinatorial, techniques which involve the rapid synthesis of a large number of different structurally related materials in a few automated steps.
Ilika focuses on three sectors:

* Energy, where Ilika assesses materials for their greater capacity for energy storage and conversion efficiency, for example in batteries
* Electronics, where materials created by Ilika rapidly improve the performance and efficiency of a range of electronic components, such as digital memory devices and sensors
* Bio-medical devices, where Ilika�s subsidiary Altrika has already successfully commercialised an innovative product for the treatment of burns

Ilika�s proposition is all about speed and efficiency: speed of materials discovery, enabling rapid commercialisation and efficient production. Ilika is involved in the development of materials for large, global markets addressing clear society needs.
The number of shares in issue is 45,874,033. 55% of the shares are deemed to be in public hands (45% not in public hands
www.ilika.com

Increase in Solid-State Battery Size Achieved

Twenty-five Fold Increase in Solid-State Battery Size Achieved

Ilika (AIM: IKA), the advanced cleantech materials discovery company, provides an update on the positive progress it has achieved in the development of solid-state battery technology for use in wireless sensor network ('WSN') applications.

In January this year, Ilika announced that it had achieved a unique processing methodology to produce stacked solid-state batteries and that electrochemical testing of the solid-state batteries had validated the stacked architecture.

Ilika has now succeeded in increasing the cross-sectional area and the energy capacity of the cells by more than 25 times the energy capacity of the cells manufactured in January. These new cells have similar characteristics, albeit on a larger scale, to the smaller devices tested in January. These cells have now been deposited over an area of 64 mm2, which is a footprint suitable for WSN and wearable applications.

The next development objective is to further increase the energy stored by a stacked battery by depositing thicker cells and simultaneously increasing the number of stacked cells. Furthermore, in order to reduce manufacturing times through higher deposition rates, our scientists will require the use of the scale-up processing equipment, which is being funded by a £3.3m EPSRC grant, as described in the company's announcement of July 18th 2013.

Ilika personnel have already visited the fabricators of the scale-up equipment in Finland to verify progress against the Company's plan and preparatory work to install the on-site infrastructure required for the equipment installation is near completion. The current date for the factory acceptance test is at the beginning of September, after which the equipment will be shipped for installation and commissioning in Southampton in Q4 2014. Thus, prototype batteries are on schedule to be available for OEM evaluation in 2015.

Initial commercial discussions have progressed and Ilika has entered into confidential disclosure agreements (CDAs) with commercial partners across the globe. In total, since January, Ilika has entered into ten CDAs to facilitate ongoing discussions with OEMs and suppliers of manufacturing equipment located in Europe, USA and Japan.

Further updates will be released as planned technical and commercial milestones are reached.

Commenting on the announcement, Graeme Purdy, CEO of Ilika, said: "The progress we have made in terms of both technology and understanding of our unique processes since January is substantial and the interest from our potential commercialisation partners is increasing significantly. Both these factors encourage us that we are on track to commercialise our stacked thin-film battery technology in 2015."

Numis Add 70.00 62.50 77.00 77.00 Reiterates

Proof of Concept Contract Win

Ilika (AIM: IKA), the accelerated materials innovation company, announces that the company has entered into a proof of concept contract with a global OEM for solid state batteries in Wireless Sensor Network ("WSN") applications.

This six month project, with an existing European headquartered customer, takes the level of committed revenue for the current financial year to in excess of £600k, which is significantly ahead of £215k committed revenue at the same point last year. Further proof of concept and system integration contract discussions are already underway with this OEM, as well as others from around the world.

Commenting on the contract, Graeme Purdy, CEO of Ilika, said: "Earlier this year, Ilika announced a world-first in stacked solid-state battery processing and the successful testing of the battery architectures produced. More recently, Ilika announced the subsequent 25 times scale-up of these architectures to a size suitable for commercial applications. This announcement, clearly signals that we are successfully building the important commercial relationships that we require to ensure that our material and process innovations gain rapid market entry and capture significant market share across these multimillion dollar opportunities.

"Whilst we are confident this particular OEM is capable of delivering commercial revenues for Ilika, we remain in discussions with several other parties to ensure the success of our innovations and look forward to updating the market on our progress in due course."

Final Results

Operational highlights
· Unique processing methodology to produce stacked solid-state batteries developed
· Stacked architecture validated through electrochemical testing
· Cross sectional area of battery cells increased
· Battery production processes patent protected
· European fuel cell catalyst patent granted
· Three year grant funded project to develop new alloys for aerospace applications secured

Financial highlights:
· Cash, cash equivalents and bank deposits of £7.1m (2013: £1.9m)
· Revenues up 5% to £1.05m (2013: £1.00m)
· Loss for the year reduced by 20% to £2.79m (2013: £3.47m)
· Loss per share reduced by 29% to 5p (2013: 7p)

New high - About to announce something Big?

No insider info then!!

Contract Win

Ilika (AIM: IKA), the accelerated materials innovation company, announces that it has entered into a commercial contract with a new customer, based in the EU, for the development of battery materials.

This six month contract takes the level of committed revenue for the current financial year to over £825k, which is significantly ahead of the £535k committed revenue at the same point last year.

Lots of profit taking this morning.

As I'm an avid watcher of 'Dragon's Den' it is pleasing to the following notes in the 'Operational Highlights' section of post 28 above:

Unique processing methodology to produce stacked solid-state batteries developed

· Battery production processes patent protected
· European fuel cell catalyst patent granted

These are slightly early days and I think this stock is going to take a little while to get going.

Yesterday's 'Buy's of the stock are about 1/3rd of the value of the 'committed revenue for the current financial year' as mentioned in the RNS.

The value of the stock traded with today's profit taking has just about exceeded that value and by 10am this morning.

I am now looking for some big names (Samsung, Sanyo, etc, etc) mentioned in connection with Ilika and then it will really take off.

http://www.ilika.com/images/uploads/general/21304_Ilika_RA14_Web.pdf

Tipped in Red Hot Penny Shares yesterday according to advfn post target 230p.

Hold on to your hats!

That should read 280p!!! Within 2years, they're sticking their neck out. Fantastic if they're right

Successful Factory Acceptance Test

Ilika (AIM: IKA), the accelerated materials innovation company, announces that the pilot line for the production of prototype batteries has successfully completed its factory acceptance test (FAT). The completion of this FAT is in line with the timing announced by the Company on 1 July 2014.

On the 18 July 2013 Ilika announced that it had entered into an industrial partnership with the University of Southampton to design, build and operate a solid-state battery scale-up facility. The capital investment is being funded by a £3.3 million grant awarded by the Engineering and Physical Sciences Research Council (EPSRC) and is managed by Ilika's Chief Scientific Officer, Professor Brian Hayden.

As part of its contribution to this partnership, Ilika has supplied expert personnel to design the equipment and supervise the FAT, which recently took place at the fabricators in Finland. During this test, the functionality of the equipment was demonstrated and tested as a pre-condition to packing and shipping it for installation in the UK. The University of Southampton has made an additional investment of ca. £750,000 in state-of-art laboratory infrastructure in readiness for the installation and operation of the equipment.

The equipment will be shipped for installation and commissioning in Southampton in Q4 2014, after which work will commence to prepare pre-production quantities of solid-state batteries in 2015 for evaluation by commercial partners around the globe.

Graeme Purdy, CEO of Ilika, commented: "This successful FAT represents a significant milestone in the commercialisation of our solid-state battery technology. The pilot line will not only enable Ilika to make its unique stacked solid-state batteries in sufficient quantities for commercial validation, but it will also deliver valuable data for the economic modelling of its proprietary manufacturing process."

Zak Mir expert chartist has this going to 125p

www.directorstalk.com/technical-chart-plays-african-minerals-ami-ilika-ika-inspirit-energy/


Has somehow been overlooked this company, probably because it never gets listed in the high risers when it should for some reason which I must say I like (I lik a) saves all the idiots turning up and the increased volatility.

Directorate Change

Wait until they announce very exciting first licensing deal which all signs point to being imminent.

Official opening of the pilot line & trading update

Ilika (AIM: IKA), the accelerated materials innovation company, announces that The Rt Hon Greg Clark MP officially opened the pilot line for the production of prototype solid-state batteries in Southampton yesterday and a trading update for the six months ended 31 October 2014.

Official opening of the solid-state battery pilot line
On the 23 September 2014 the Company announced that the solid-state battery pilot line had successfully completed its Factory Acceptance Test ('FAT'). Having completed the FAT, the equipment was then unassembled, packed and shipped to Southampton.

Yesterday, The Rt Hon Greg Clark MP, Minister for Universities, Science and Cities, officially opened the pilot line for the production of prototype solid state batteries in Southampton. The pilot line is now going through a series of Site Acceptance Tests ('SAT'), designed to ensure the equipment achieves deposition rates for specified materials required for solid-state battery production. The SAT is expected to be completed during the current calendar year, after which pre-production batches of solid-state batteries will be prepared for evaluation by commercial partners in 2015.

In July 2013, the Company announced it had entered into an industrial partnership with the University of Southampton to design, build and operate a solid-state battery scale-up facility. The capital investment was funded by a £3.3 million grant from the Engineering and Physical Sciences Research Council ('EPSRC') and a further infrastructure investment of £750,000 by the University. The capital investment is being managed by Ilika's Chief Scientific Officer, Professor Brian Hayden. Ilika supplied an expert team to design the equipment and supervise its installation and operation.

Trading update
Financial results for the six months ended 31 October 2014 are expected to show total revenue for the period of £0.6m (H1 2013: £0.6m) resulting in an operating loss for the period of £1.6m (H1 2013: £1.5m). Cash and cash equivalents at the period end were £7.2m (H1 2013: £1.4m).

The Company will announce Interim Results for the six months ended 31 October 2014 on Thursday 22 January 2015.

Graeme Purdy, CEO of Ilika, commented: "Commercial interest in this pilot line continues to increase as its operational readiness accelerates. We are looking forward to announcing the successful completion of the SAT and the commencement of production of batches of Ilika's unique solid-state batteries. We have exciting plans for deploying this technology to address substantial commercial markets and it is gratifying to see high profile Ministerial support for our activities."

Ilika plc Given Speculative Buy Rating at Beaufort Securities (IKA)
November 26th, 2014
by Robert Jamerson

Ilika plc logoBeaufort Securities restated their speculative buy rating on shares of Ilika plc (LON:IKA) in a research note issued to investors on Monday.

Ilika plc (LON:IKA) opened at 101.50 on Monday. Ilika plc has a 52-week low of GBX 22.00 and a 52-week high of GBX 117.50. The stock has a 50-day moving average of GBX 93.91 and a 200-day moving average of GBX 79.70.

Separately, analysts at Numis Securities Ltd raised their price target on shares of Ilika plc from GBX 77 ($1.21) to GBX 110 ($1.72) in a research note on Friday, November 21st. They now have an add rating on the stock.

Ilika plc is engaged in the discovery and development of materials for mass market applications.

The Company focuses on two key sectors:

Energy where the Company assesses materials for their capacity for energy storage and conversion efficiency and

Electronics where materials created by the Company improve the performance and efficiency of a range of electronic components, such as digital memory devices and sensors.

And News due any day on its fuel cell catalyst

Update on patents for solid-state batteries

Ilika (AIM: IKA), the accelerated materials innovation company, announces international progress with two of its patent applications supporting solid-state batteries.

These two patent applications, of which Ilika announced the successful British grant in May 2014, are part of the patent families that cover Ilika's proprietary vapour deposition processes used in producing solid-state batteries directly from the elements. Ilika has received a Communication of Intention to Grant in Europe for one of its patent applications and a Notice of Allowance in the United States for another. Both patent applications were jointly filed with Toyota Motor Company on 21st July 2011.

Further new international patent applications have also recently been filed under the Patent Co-operation Treaty (PCT) based upon earlier British priority applications. It is the Company's intention to apply for patents in all significant economic jurisdictions.

These particular joint filings resulted from collaborative work undertaken by Ilika and Toyota, which commenced in 2008. These two patent families are the 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 scalable stacked cell architecture which Ilika can produce enables the simple fabrication of cells over a wide range of sizes. Ilika intends initially to produce micro-battery prototypes designed for powering wireless sensors, commonly referred to as the "Internet of Things", which is a rapidly growing segment expected to create an addressable market for micro-batteries in excess of £1bn by 2017. The battery architecture will subsequently be scaled-up, using the same process but with faster fabrication rates, to produce devices suitable for the largest markets for lithium ion batteries in wearables and consumer electronics, including mobile phones.

Commenting on this latest development, Graeme Purdy, Ilika CEO, said: "This announcement underlines the uniqueness of the technology developed by Ilika for the production of solid-state batteries. Securing granted patents in Europe and the USA, two of the major markets in our field, is a significant milestone in reinforcing the value of Ilika's technology position and is a key value driver for the business. We also plan to secure granted patents in all other major economic jurisdictions."