Ilika plc (GB:IKA) has released an update.
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Ilika plc, a leader in solid-state battery technology, reports a year of strategic progress with its Stereax and Goliath product lines, expecting to announce revenues of £2.1m and a reduced EBITDA loss. The company made significant advancements, including an operational transition to Cirtec for Stereax batteries, development milestones for Goliath cells, and a collaborative agreement with Tata Group’s Agratas. Additionally, Ilika announced a capital raise to further support its Goliath battery development.
For further insights into GB:IKA stock, check out TipRanks’ Stock Analysis page.
