Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Describing itself as a “pioneer in solid-state battery technology”, Ilika plc (IKA) has issued a “Start of Primed Solid-State Battery Programme”-titled announcement which includes CEO Graeme Purdy arguing it “marks a pivotal moment in Ilika’s journey towards commercial-scale solid-state battery production. Combining invaluable automotive expertise with UKBIC’s world-class facilities, positions us strongly to accelerate the industrialisation of our Goliath technology for the rapidly evolving EV market”. What about this and a currently back up to above 40p share price in response?
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