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Hardware & electrical equipment

Ilika hails first Stereax battery shipment

Ilika PLC (AIM:IKA, OTCQX:ILIKF), a pioneer in solid-state battery technology, said it has shipped the first batch of its Stereax cells to customer Blink Energy.

The shipment marks the beginning of a series of planned deliveries from the UK factory over the coming months.

The initial shipment includes single-layer Stereax M50 cells, which Blink Energy will use in its device-agnostic power and communications platforms for ocular devices.

Blink Energy's solution, Blink IT, is a smart patch device designed to improve patient compliance, reliability, connectivity, and pricing in the smart contact lens market.

Ilika also said it is finalising the terms of a partnership with Cirtec Medical, a strategic outsourcing partner for complex medical devices.

The companies have signed a memorandum of understanding outlining the transfer of Stereax mm-scale battery manufacturing to Cirtec's facility in Lowell, Massachusetts.

Following the transfer, Ilika will focus on advanced technology development and IP licensing to support Cirtec's manufacturing and commercialisation activities.

In a statement, Ilika's chief executive, Graeme Purdy, said: "Starting with Blink Energy, we look forward to further supporting our customers' product roadmaps for miniature medical devices and industrial IoT applications. Our relationship with Cirtec will further support commercial ramp-up in due course".

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