Ilika Plc (ILIKF)

[Golden Cross]

Battery Technology. Ilika is a pioneer in material innovation and solid state battery technology. We have developed a type of lithium-ion battery, which, instead of using the usual liquid or polymer electrolyte, uses a ceramic ion conductor. This is particularly important because Battery technology is a key challenge in the electronics space, with the Internet of Things (IoT) being a key driver of growth in the market and battery technology development. IoT devices offer a different set of battery challenges compared to other electronic devices. They have similar pressures, such as cost and availability, but they also have some specific requirements:

= Small size in both footprint and thickness.
= Ability to be trickle charged
= Charged only when an energy harvester can get energy
= Longer life span to match those of sensors and Microcontroller Units (MCU)
=Support wider temperature ranges

These challenges need a different approach to battery technology. Ilika has been working with solid state battery technology since 2008 and now offer this technology, through licensing, to companies who need energy efficient batteries for the IoT space. Ilika’s Solid state batteries have several benefits over currently available lithium-ion batteries:

--Up to 10 years’ life span
--Faster to charge
--Energy dense in a small footprint
--Low leakage currents
--Non-flammable
--Can be integrated into Integrated Circuit (IC) components to reduce -end device size