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Ilika teams up with Comau to scale up Goliath project; receives £235K grant funding

StockMarketWire.com

Battery technology company Ilika said it is collaborating with Comau, part of the Fiat Group, to scale up the company's existing Goliath battery project.

The company will receive a £235,000 grant from Advanced Propulsion Centre 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,' the company siad.

At 9:13am: (LON:IKA) Ilika share price was 0p at 94.8p


Story provided by StockMarketWire.com