(NewsDirect)
Ilika PLC (AIM:IKA, OTCQX:ILIKF) CEOGraham Purdy speaks to Thomas Warner from Proactive after theinnovative battery developer announced it has passed anotherdevelopment milestone with its Goliath program, achieving lithium-ionenergy density parity.
Thecompany's share price has risen sharply on the news. Purdyexplains the significance of the development and puts it in context,describing solid-state batteries as a rapidly expanding market.
He says "its an interesting[development race], its not one of those races where the first personto cross the finishing line is the only person to get a medal. Its oneof those races where actually participation is important, and thebenefits of the different types of technology that are being used willbe deployed in various sectors across the world, and in differentmarkets." He goes on to reveal more about what investors canexpect from Ilika in the new year, and trails a half-year tradingupdate he expects to deliver in January 2024.
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