TIDMIKA
Ilika plc
27 April 2016
Ilika plc
("Ilika" or the "Company")
Ilika transforms battery technology for Internet of Things
Ilika plc (AIM: IKA), a pioneer in materials innovation and
solid state battery technology announces the launch of its
Stereax(TM) M250 solid state battery. This is a new, miniaturised
solid state battery technology for Internet of Things ('IoT')
devices. Addressing the key challenge of always-on, self-charging
and efficient energy, Ilika's Stereax(TM) battery family will
enable smaller, higher energy-dense batteries to accelerate IoT
products to market.
As IoT devices move from concept to reality, providing small,
energy efficient solutions for home automation, transportation and
healthcare is now one of the key challenges. Ilika is empowering
wider adoption of IoT devices through a 'fit and forget' design
that enables IoT sensors to be fitted without further maintenance,
including changing batteries.
"One of the key challenges for IoT devices is enabling long life
energy-efficient power sources," said Franco Gonzalez, industry
analyst from IDTechEx. "The combination of energy harvesting and
battery technology has been urgently needed to enable small, energy
efficient solutions that can easily be installed across a wide
range of locations with minimum maintenance."
Solid state batteries are key to IoT since they can be used in
conjunction with all the current energy harvesting technologies
whilst being able to match the energy needs for IoT devices. Many
IoT devices need power in short bursts to collect and transmit
data, whilst being able to support a wide range of environment
temperatures. Relative to standard lithium ion batteries, solid
state batteries have lower leakage currents (10x smaller) and
longer life spans of up to 10 years (4x longer). They can also be
integrated with other electronic components keeping the size of the
end device to a minimum.
"Many IoT devices will be deployed in places that are difficult
to service on a regular basis so self-sufficiency is critical,"
said Charlene Marini, vice president, segment marketing, ARM.
"Ilika's Stereax(TM) batteries can help as the technology will
enable 'leave for life' IoT devices capable of producing data over
extended periods with minimal maintenance. This is where the IoT
starts to shed the power tether that could restrain its spread into
new and exciting off-grid applications."
Ilika has taken the solid state battery concept to the next
level of evolution with its expertise in material development.
Ilika Stereax(TM) batteries use patented materials and processes
enabling superior energy density per battery footprint, up to 40%
improvement on current solid state solutions, and increased
temperature range support to over 100degC, 30degC higher than
existing solid state products. Ilika's batteries do not contain any
free lithium which makes them more moisture resistant.
"Building on our R&D heritage in materials science, Ilika
has been developing a range of materials that have enabled us to
tailor battery designs that meet the specific needs of IoT" said
Graeme Purdy, CEO, Ilika. "For IoT devices to gain wide adoption
they need to be able to be fitted then forgotten about, Ilika
Stereax(TM) battery technology is a key to turning this into a
reality."
Ilika is demonstrating the capability of it's the Stereax(TM)
M250 battery in its perpetual beacon for temperature sensing at
IDTechEX in Berlin between the 27-28th April 2016.
Appendix: Links to Ilika's battery technology-related visuals on
Ilika's website
1. Infographic - battery technology for IoT:
www.ilika.com/images/uploads/general/stereax-infographic_v6.pdf
2. Ilika Stereax(TM) M250 visual in perpetual beacon demonstrator:
www.ilika.com/images/uploads/gallery/171/graphic-demonstrator__large.jpg
3. Battery construction diagram:
www.ilika.com/images/uploads/general/stereax_illustration_expanded_v1.pdf
4. DirectorsTalk interview with Graeme Purdy surrounding the launch:
http://www.directorstalk.com/ilika-plc-ceo-graeme-purdy-stereax/
For more information contact:
Ilika plc www.ilika.com
Graeme Purdy, Chief Executive Tel: 023 8011 1400
Steve Boydell, Finance Director
Numis Securities Limited Tel: 020 7260 1000
Oliver Cardigan/ Paul Gillam
/
James Black
Walbrook PR Ltd Tel: 020 7933 8780 / ilika@walbrookpr.com
Paul McManus (Media Enquiries) Mob: 07980 541 893
Lianne Cawthorne (Media Enquiries) Mob: 07584 391 303
About Ilika plc
Ilika plc is a pioneer in materials innovation and solid state
battery technology. The company has been inventing new materials
for energy and electronics markets for over a decade, including in
automotive, aeronautical and electronic components sectors. Global
brands such as Rolls Royce and Toyota collaborate with Ilika's
development teams to create innovative products or improve the
performance of existing components.
By applying that heritage of patented materials invention, the
company has developed ground-breaking solid state batteries to meet
the specific demands of a wide range of applications in the IoT.
Ilika is now licensing its battery technology IP to partners for
IoT sensors for the Smart Home/Building; Medical; Automotive and
Transportation sectors around the world.
Ilika's Stereax(TM) battery technology IP family offers
compelling advantages over conventional lithium ion batteries,
including: smaller footprint (energy density), non-toxic
properties, faster charging, increased cycle life, low leakage and
reduced flammability.
Ilika is working to help build the connected world, removing the
constraints of energy source for designers and engineers by
delivering 'fit once and forget' power wherever it is needed.
The company is headquartered in the UK and has operations in
Germany, US and Japan. Find more information at www.ilika.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
NRAAKADBABKDOQB
(END) Dow Jones Newswires
April 27, 2016 02:01 ET (06:01 GMT)
Ilika (LSE:IKA)
Historical Stock Chart
From Apr 2024 to May 2024
Ilika (LSE:IKA)
Historical Stock Chart
From May 2023 to May 2024