Ilika ships first prototype Goliath batteries to tier-one automotive customer

Proactive - Interviews for investors

Ilika PLC CEO Graeme Purdy spoke to Proactive's Stephen Gunnion after shipping its first batch of prototype Goliath batteries to a tier-one automotive customer, marking a significant milestone for the company. Graeme Purdy discussed how Ilika has followed through on their published roadmap, achieving the D4 development milestone announced at the end of 2023. This has resulted in the delivery of validated prototype P1 cells, which have now been sent to a customer for external testing. This process allows customers to connect the batteries to their own test equipment, providing valuable feedback and broadening Ilika's knowledge base. Purdy emphasised the importance of external validation and how different customers have their own testing protocols. He explained that the P1 prototype is a small pouch cell with a capacity of about two amp hours and a voltage of around four volts. While this prototype is not the minimum viable product for full module integration, it is a crucial step toward the P2 prototype expected by 2025. Additionally, Purdy mentioned that Ilika is engaging with multiple OEMs and has around 14 materials transfer agreements. Over the next 12 months, Ilika plans to ship further batches of prototypes for customer validation. For more videos, visit Proactive's YouTube channel, and don't forget to give the video a like, subscribe to the channel, and enable notifications for future content. #IlikaPLC #GoliathBattery #GraemePurdy #BatteryTechnology #AutomotiveInnovation #ProactiveLondon #BatteryPrototypes #CleanEnergy #TechMilestones #P1Prototype #BatteryDevelopmen#invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews