Ilika Plc (QX) (ILIKF)

It's been pretty dead in recent economy. University Research is slow, their ideas are great. I keep waiting to hear a press release that shows a major contract signed with a global EV maker, or grid support project. 

From Reddit
Thanks for creating this community u/Coffee_Fuelled, I found Ilika about two months ago, did some research and plunged in with my money!
I think Ilika is a hidden gem and want to share some of my DD here :)
Some highlights from Ilika's history:
May 2004: Spins out from the School of Chemistry at the University of Southampton.• ?Feb 2008: Partners with Toyota to explore alternative automotive battery materials; has some joint IP in multiple countries. Both companies are free to use the IP independently.• ?May 2010: IPO on LSE AIM• ?Somewhere in 2010: Abandons automotive battery sector and shifts focus to IoT with micro batteries (Stereax series)• ?....• ?Does a bunch of things over the years with product launches and improvements of the Stereax series (no mass production)• ?....• ?Jun 2018: Restarts exploring automotive battery with experience gained from prior years, using same chemical compounds but a different manufacturing technology (Goliath series). This is mostly funded by UK's Faraday battery challenge and they partner up with some notable companies: Honda, Ricardo and McLaren.• ?Apr 2019: Launches Stereax M50 which I think is pretty impressive, especially the C-rate and cell size. However, the energy density is below 200 Wh/L (Li-ion battery is 250+ Wh/L).• ?Sep 2019: They get a new partner for Goliath: Jaguar Land Rover. Also, they open their Pre-Pilot manufacturing line.• ?Nov 2020: Finalizing a lease for Stereax manufacturing scale-up. They plan a 70x increase in production capacity by the end of the 2021; from 50 to 3500 wafers/yr.• ?Feb 2021: Completed lease of the new Stereax manufacturing facility with progress on track.
Present times:

They plan to be cash flow positive by 2022-2023.• ?They currently sell Stereax M250 from their pilot line and are in the final stages of development of M50/M300 which will be ready for evaluation Summer 2021.• ?They are soon to release performance figures for their single cell Goliath pouches. They have gone from exponential improvements in the early days to linear improvements right now.• ?They plan to scale up Goliath by beginning of 2024 with a public funded manufacturing facility and plan to support volumes for some consumer electronics and perhaps 1-2 McLaren car models at that scale.
competition:

?I don't think they have much competition in the Stereax segment, however, industry needs to catch up and I believe the potential is huge. Cymbet seems to be the only one here, however, they seem to have stalled with innovation since 2013.• ?The biggest and loudest competitor for Goliath is QuantumScape in the automotive segment. Based on what I've gathered so far, QS is burning a LOT of money for scaling up manufacturing and hiring and they aren't much far off from Ilika with the progress. We'll know for certain when Ilika releases their performance figures for Goliath.• ?Solid Power is another famous Goliath competitor, however, they use a Sulfide-based electrolyte which has a lower volumetric density.
Overall thoughts:
I think Ilika is a company with great potential, especially Goliath for the EV sector. However, I feel they are a bit conservative in the development process and could be left behind as competition for EV batteries has gotten intense in recent times. Having said that, I believe this is a safe investment if we assume Stereax becomes the only commercial success for them. What are your thoughts?

* They plan to be cash flow positive by 2022-2023.
* They currently sell Stereax M250 from their pilot line and are in the final stages of development of M50/M300 which will be ready for evaluation Summer 2021.
* They are soon to release performance figures for their single cell Goliath pouches. They have gone from exponential improvements in the early days to linear improvements right now.
* They plan to scale up Goliath by beginning of 2024 with a public funded manufacturing facility and plan to support volumes for some consumer electronics and perhaps 1-2 McLaren car models at that scale.
This company seems to be run like a university research lab... not surprising given their roots. I've had some money invested here for several years but nothing seems to happen. Your list of company goals are from several years ago and I'd be interested to know whether they have been met.
* Are they cash flow positive yet?
* Has the development on Stereax M50/M300 been completed and are these batteries being manufactured?
* What is the status of Goliath... is it being manufactured and sold?

Maybe I'm wrong but I don't think any of these goals has been achieved yet.

From Reddit


 I found Ilika about two months ago, did some research and plunged in with my money!

I think Ilika is a hidden gem and want to share some of my DD here :)

**Some highlights from Ilika's history:**

* May 2004: Spins out from the School of Chemistry at the University of Southampton.
* Feb 2008: Partners with Toyota to explore alternative automotive battery materials; has some joint IP in multiple countries. Both companies are free to use the IP independently.
* May 2010: IPO on LSE AIM
* Somewhere in 2010: Abandons automotive battery sector and shifts focus to IoT with micro batteries (***Stereax*** series)
* ....
* Does a bunch of things over the years with product launches and improvements of the Stereax series (no mass production)
* ....
* Jun 2018: Restarts exploring automotive battery with experience gained from prior years, using same chemical compounds but a different manufacturing technology (***Goliath*** series). This is mostly funded by UK's Faraday battery challenge and they partner up with some notable companies: Honda, Ricardo and McLaren.
* Apr 2019: Launches Stereax M50 which I think is pretty impressive, especially the C-rate and cell size. However, the energy density is below 200 Wh/L (Li-ion battery is 250+ Wh/L).
* Sep 2019: They get a new partner for Goliath: Jaguar Land Rover. Also, they open their Pre-Pilot manufacturing line.
* Nov 2020: Finalizing a lease for Stereax manufacturing scale-up. They plan a 70x increase in production capacity by the end of the 2021; from 50 to 3500 wafers/yr.
* [Feb 2021](https://otp.investis.com/clients/uk/ilika_plc/rns/regulatory-story.aspx?cid=870&newsid=1455533): Completed lease of the new Stereax manufacturing facility with progress on track.

**Present times:**

* They plan to be cash flow positive by 2022-2023.
* They currently sell Stereax M250 from their pilot line and are in the final stages of development of M50/M300 which will be ready for evaluation Summer 2021.
* They are soon to release performance figures for their single cell Goliath pouches. They have gone from exponential improvements in the early days to linear improvements right now.
* They plan to scale up Goliath by beginning of 2024 with a public funded manufacturing facility and plan to support volumes for some consumer electronics and perhaps 1-2 McLaren car models at that scale.

**Competition:**

* I don't think they have much competition in the Stereax segment, however, industry needs to catch up and I believe the potential is huge. Cymbet seems to be the only one here, however, they seem to have stalled with innovation since 2013.
* The biggest and loudest competitor for Goliath is QuantumScape in the automotive segment. Based on what I've gathered so far, QS is burning a LOT of money for scaling up manufacturing and hiring and they aren't much far off from Ilika with the progress. We'll know for certain when Ilika releases their performance figures for Goliath.
* Solid Power is another famous Goliath competitor, however, they use a Sulfide-based electrolyte which has a lower volumetric density.

**Overall thoughts:**

I think Ilika is a company with great potential, especially Goliath for the EV sector. However, I feel they are a bit conservative in the development process and could be left behind as competition for EV batteries has gotten intense in recent times. Having said that, I believe this is a safe investment if we assume Stereax becomes the only commercial success for them. What are your thoughts?

From Reddit

Ilika Plc Advances Goliath EV Battery Testing with Customer-Sponsored Program
Ilika Plc initiates testing on P1 Goliath electric vehicle prototype batteries, gaining an edge in the competitive electric vehicle battery sector.
The advancement in battery technology by Ilika Plc represents a significant step towards the future of electric vehicles. This news signifies promising collaborations with industry leaders, ultimately leading to continued progress and innovation in the electric vehicle battery sector, which will impact the future of sustainable transportation. 
Read More https://newsramp.com/curated-news/ilika-plc-advances-goliath-ev-battery-testing-with-customer-sponsored-program/c3f2eb98e6aaa046d2227fb9843bb97b

From Reddit 

Ilika PLC CEO Discusses 2024 Revenue Growth and Strategic Milestones

Investors can participate in a Q&A session with Ilika on 26 April at 11am BST on the Investor Meet Company (IMC) platform.

The news is important for investors and stakeholders interested in Ilika PLC, as it provides insight into the company's financial performance, key milestones, and technological advancements. Additionally, it offers an opportunity for investors to engage with the company during the upcoming Q&A session. The progress and growth discussed by Graeme Purdy have the potential to impact the energy storage and technology sectors, making it relevant for industry professionals and enthusiasts. 

Read More https://newsramp.com/curated-news/ilika-plc-ceo-discusses-2024-revenue-growth-and-strategic-milestones/f1a13b5b32e59ab827d018296f412e2f

Big Moves! How is there no noise in this board?

keep an eye on ILIKA they are sending their GOLLITH EV "Solid State" Battery to OEM's for testing. A new EV battery showing much promise. Currently their share price is $0.26 a share "ya gotta be kiddin"!!

Off .42 was a good choice

#goliath

Well that one stung a bit…

Still a heavy buyer just added more

See ya at .82

From Yahoo conversations regarding ILIKF

Tan
yesterday (was 12/06/21)

Received this from the company

First Stereax Micro Solid State Battery Manufacturing Facility Opened

Ilika (AIM: IKA), a pioneer in solid-state battery technology, is pleased to announce the official opening of its Stereax solid state battery manufacturing facility in Chandlers Ford, UK on Friday 3 December 2021. The new facility will manufacture Stereax micro batteries that are designed for powering next generation implanted medical devices and wireless sensors used in the Industrial Internet of Things.

The facility was opened by Rt Hon Steve Brine, MP and the Rt Hon Lord Willetts, former Minister of State for Universities and Science and author of the influential “Eight Great Technologies” government policy. Representatives from the local council and the National Microelectronics Institute also supported the opening. The ribbon was cut to the new cleanrooms where a controlled environment will enable the manufacture of Stereax batteries to the desired reliability, yield and quality that will provide customers with a top-quality power source for their devices.

Ilika has been developing Stereax mm-scale batteries and this new facility will now enable manufacture at scale, ready for commercialisation from Q2 2022 of Ilika’s first product, the Stereax M300 micro battery (300uAh, 5.6x3.6x0.9mm).

Rt Hon Steve Brine, MP stated: “I am delighted that Ilika has created this advanced facility in my constituency. Ilika’s cutting edge technology and the opportunities that this manufacturing facility brings to the area are vital in supporting a diverse local economy”

Ilika's CEO Graeme Purdy, stated: "We are very excited to open this new facility which will be the first of its kind in the UK and we are looking forward to selling Stereax micro batteries to markets that cannot be addressed with conventional batteries. I’d like to thank all employees for their hard work and both our investors and Innovate UK for their continued support.”

$ILIKF Glad to have held for the last 6 months. Its day in the sun is coming.

Best I can say is it and English company. ILIK F

Is anyone as flabbergasted as me to not see any posts here? WTF is going on with LieHub? If youre reading this then please hmu, I want to share info with you and make Ihub our home.

Damn 3 months. Wow. Thats how I know IHUB is dead. Why did it die?

Ilika you want a piece of. Certainly do.

$ILIKF - I took my first position this morning and hope to add more if the pps stays under $3.50

(Sharecast News) - Analysts at Berenberg initiated coverage on solid-state battery technology outfit Ilika at 'buy' on Thursday, stating the group was "taking batteries to the next level".

Berenberg stated Ilika was on the verge of ramping up commercial production of its small-form-factor Stereax batteries and had made "good progress" towards scaling production of its larger Goliath offering.

"Solid-state technology is expected to deliver a step-change in battery performance, including faster charging time, higher energy density, longer life, and improved safety. Against a backdrop of huge growth and investment in battery technology, and an expected plateau in what is possible from conventional technology, Ilika is exposed to huge markets actively looking for the new, improved next battery technology," said Berenberg.

The German bank also highlighted that accessing the electronic vehicle market would be "transformational" for Ilika, which already has "strong relationships" with automotive original equipment manufacturers and manufacturing partners.

While Berenberg said it thinks the company was still "at an early stage", it also believes the balance of risk and reward to be "compelling" and issued Ilika with a 275.0p target price.

"We have constructed long-term DCF scenarios for the FAB, UK BIC and various markets targeted by Ilika. A long-term view is needed; we forecast the company reaching profitability in FY 2025. However, our base case indicates a valuation of 275.0p, around 40% upside to the current price. Our low-case and high-case scenarios indicate a potential range of 31.0p-1,528.0p," concluded the analysts.

Holy cow, it's a dump fest.

Merrill Lynch recently increased there holdings in Ilika by 270%, Charles Schwab by 269%.

This is the Solid State lithium Goliath battery in connection with Fiat and Toyota.

Can't buy it on Robinhood.

Can't buy it on Robinhood.

How this doesn't shoot to the moon is a mystery.

Yup. $4.24 is 52 weeks high and we could flirt with that this week.imo

Loved that dip for awhile now back to the high life

ILIKF

Very strong today!

Crossed the 50ma yesterday. London wS up 15% today. Win win in my book.

Can also look under London's ticker symbol IKA.L

Yes, this is the Solid State battery of the future

Why doesn't the Fiat partnership news show up above in the News Section?

Is this the under $5 solid state battery, change the world, company that all the stock info pushers are trying to get you to pay a subscription fee to find out?

TOYOTA big on this stock!!!

Bought a stake in this today..we will see.

https://www.londonstockexchange.com/news-article/IKA/iso-certification/14904390

QS Earnings Report is a joke

Revenues: None
Earnings: ($2.41) vs ($0.03) estimate

Higher lows looks good for next week

Anybody want to guess which way we are going? For the chartist it looks like a flag forming;
https://www.barchart.com/stocks/quotes/ILIKF/overview

Added some today it’s pretty good
Going looooonnnnngggg
See you at 28.00

Buying this dip taking advantage of platforms being messed with

ILIKF

We're Interested To See How Ilika (LON:IKA) Uses Its Cash Hoard To Grow
BySimply Wall StPublishedJanuary 27, 2021

https://simplywall.st/stocks/gb/capital-goods/aim-ika/ilika-shares/news/were-interested-to-see-how-ilika-lonika-uses-its-cash-hoard

Adding dips

ILIKF

Beast

On Fire!

futr

Lovin this

ILIKF 28.00 in due time

4's trading!

That is their plan bro! Keep the faith this is nothing. This baby sees $20 this year.

I think this simply trades up to a high enough valuation to uplift to a higher exchange!

futr

This is what happens with solid IR Awareness!!! 23.4% gain on 1.2 mil shares. NASDAQ this year!