Ilika secures £1.25m grant to progress Goliath battery development

Proactive - Interviews for investors

Ilika PLC (AIM:IKA, OTCQX:ILIKF) CEO Graeme Purdy talked with Proactive's Stephen Gunnion about the company’s £1.25 million grant supporting its Goliath battery program. Purdy explained that Ilika is benefiting from the UK government’s DRIVE35 initiative, which aligns with the national industrial strategy. The funding will be used over a 12-month period to progress from IP 1.5 prototypes to larger-scale P2 prototypes. Purdy noted, “What this program allows us to do, this latest award, is that it builds on that expertise and allows us to then push through the roadmaps that we’ve got through to delivery of P2 prototypes, which is effectively our minimum viable product.” He said the development will enable the release of 50Ah sample batteries to customers, supporting future commercialisation and licensing discussions. The company is working with partners HSSMI and the UK Battery Industrialisation Centre. Purdy highlighted the safety performance of the Goliath battery as a clear differentiator for automotive partners, allowing pack designers to reduce cost and weight in electric vehicles. Ilika is also employing digital twin technology to model giga-scale production and minimise risk before committing to equipment investments. For more videos like this, don’t forget to visit Proactive’s YouTube channel, give this video a like, subscribe to the channel, and enable notifications for future content. #IlikaPLC #GoliathBattery #EVBatteries #BatteryInnovation #CleanTech #EnergyStorage #SolidStateBatteries #ElectricVehicles #DRIVE35 #BatteryTechnology #UKInnovation