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Ilika PLC (AIM:IKA, OTCQX:ILIKF) CEOGraeme Purdy speaks to Thomas Warner from Proactive after theinnovative battery developer announced the passing of a significantmilestone in its Goliath programme.
Purdy gives an overview of what's been achieved, noting thetransition from lab prototypes to product development. The Goliathprogramme has reached what the company calls the 'D4 developmentpoint', a critical stage where the product design is finalised andprototype products (referred to as P1) are prepared for customerrelease.
Purdy explains the processof transitioning from D4 (development prototypes) to P1 (prototypeproducts), emphasising the production of large batches for consistencyand reproducibility. These batches will undergo thorough testingbefore being shipped to customers with detailed specification sheetsnext year.
The focus on producingreproducible cells means that most of the company's techniciansand engineers, along with a subset of scientists, are dedicated tothis task, while others continue advancing theroadmap.
Reflecting on the year's progress, Purdy expressedsatisfaction with the company's on-schedule achievements,particularly the upcoming lithium-ion parity point, indicating equalenergy density to standard lithium-ion cells. This milestone is seenas a significant gauge of the technology's maturity. Ilika PLC isset to share more updates and progress in a trading update later inthe week.
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