Ilika plc (GB:IKA) has released an update.
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Ilika plc, a solid-state battery technology firm, has reached a significant milestone by shipping the first batch of its Goliath prototype batteries to a top automotive client for testing, following successful in-house trials. This achievement aligns with the company’s Goliath development roadmap, aiming for a minimum viable product by 2025, and marks a crucial step towards potential commercial licensing opportunities. Ilika is actively working with OEMs and Tier 1 companies, demonstrating the promising commercial prospects of its innovative battery solutions for electric vehicles and other applications.
For further insights into GB:IKA stock, check out TipRanks’ Stock Analysis page.
