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ILIKA PLC Environmental & Social Information 2018

Nov 7, 2018

7701_rns_2018-11-07_bd06c4f1-4b86-4eff-9c1c-555c6fa823e4.html

Environmental & Social Information

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National Storage Mechanism | Additional information

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RNS Number : 5376G

Ilika plc

07 November 2018

Ilika Plc

("Ilika" or the "Company")

Record Energy Density Achieved for Stereaxâ

Ilika plc (AIM: IKA), the advanced solid-state battery technology and materials innovation company, announces it has achieved the highest energy density* to date for its Stereaxâ thin film solid state cells.

Since December 2016, Ilika has been collaborating with Lightricity Ltd ("Lightricity"), the ex-Sharp Laboratories of Europe, for the development of an ultra-thin, perpetual IoT power pack combining Lightricity's photovoltaic cells and Ilika's solid state battery technology. During this project, Ilika has optimised the architecture, materials and patterning techniques to yield a battery with improved energy density. The latest batch of prototypes has yielded an energy density more than 3 times that of Ilika's current Stereaxâ M250, with a similar footprint. The capacity of the batteries approaches 1 mAh when cycled at the C/4 cycling rate relevant for the use case, which is a record for Stereax®.

The combination of this prototype battery with Lightricity's solar cells will enable the design and construction of a compact, autonomous power pack which can provide power to all types of IoT wireless edge nodes and sensors for applications in smart buildings, smart vehicles, smart labelling and asset tracking.

The achievement of this record energy density for Stereax demonstrates the market leading products and processes Ilika can deliver. It further illustrates the competitive edge the Company currently has within the solid-state battery industry.

* Energy density is the amount of energy stored per unit volume

For more information contact:

Ilika plc
www.ilika.com
Graeme Purdy, Chief Executive Tel: 023 8011 1400
Steve Boydell, Finance Director
Liberum Capital Limited Tel: 020 3100 2000
Andrew Godber, Cameron Duncan
Trystan Cullen, William Hall
Walbrook PR Ltd Tel: 020 7933 8780 / [email protected]
Paul Cornelius Mob: 07866 384 707
Lianne Cawthorne Mob: 07584 391 303

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

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