Ilika PLC (AIM:IKA, OTCQX:ILIKF, FRA:I8A) has achieved a 93% manufacturing yield with its automated pilot line, a key threshold for scaling battery production. CEO Graeme Purdy also discusses the PRIMED programme and collaborations with Jaguar Land Rover, Oxford University and UKBIC to move toward automotive-scale manufacturing.
Looking ahead, Purdy outlines the major proof points investors should monitor over the next 12–24 months and what success could look like for Ilika by the end of the decade, including the possibility of electric vehicles powered by Ilika's solid-state batteries.
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