Ilika plc Further information on TRI collaboration (0538B)
March 30 2017 - 9:30AM
UK Regulatory
TIDMIKA
RNS Number : 0538B
Ilika plc
30 March 2017
Ilika plc
("Ilika" or the "Company")
TOYOTA RESEARCH INSTITUTE BRINGS ARTIFICIAL INTELLIGENCE TO THE
HUNT FOR NEW MATERIALS WITH ILIKA
Ilika (AIM: IKA), a pioneer in materials innovation and
solid-state battery technology, announces that Toyota Research
Institute (TRI) has released further information relating to the
collaboration Ilika announced on 9(th) March 2017.
The TRI announcement issued at 13:00 hrs UK time today reads as
follows:
"The Toyota Research Institute (TRI) will collaborate with
research entities, universities and companies on materials science
research, investing approximately $35 million over the next four
years in research that uses artificial intelligence to help
accelerate the design and discovery of advanced materials.
Initially, the program will aim to help revolutionize materials
science and identify new advanced battery materials and fuel cell
catalysts that can power future zero-emissions and carbon-neutral
vehicles.
"Toyota recognizes that artificial intelligence is a vital basic
technology that can be leveraged across a range of industries, and
we are proud to use it to expand the boundaries of materials
science," said TRI Chief Science Officer Eric Krotkov.
"Accelerating the pace of materials discovery will help lay the
groundwork for the future of clean energy and bring us even closer
to achieving Toyota's vision of reducing global average new-vehicle
CO2 emissions by 90 percent by 2050."
Initial research projects include collaborations with Stanford
University, the Massachusetts Institute of Technology, the
University of Michigan, the State University of New York at
Buffalo, the University of Connecticut, and the U.K.-based
materials science company Ilika. TRI is also in ongoing discussions
with additional research partners.
"This represents a fantastic opportunity to drastically advance
the use of databases and machine learning methods in materials
discovery." Said Jens Norskov, Professor at Stanford University and
director of the SUNCAT center. "The partnership combines theory,
computation and experiment in an unprecedented, concerted effort.
We are particularly excited by prospects for an avant-garde
approach to catalyst development for fuel cells."
Research will merge advanced computational materials modeling,
new sources of experimental data, machine learning and artificial
intelligence in an effort to reduce the time scale for new
materials development from a period that has historically been
measured in decades. Research programs will follow parallel paths,
working to identify new materials for use in future energy systems
as well as to develop tools and processes that can accelerate the
design and development of new materials more broadly.
In support of these goals, TRI will partner on projects focused
on areas including:
-- The development of new models and materials for batteries and fuel cells;
-- Broader programs to pursue novel uses of machine learning,
artificial intelligence and materials informatics approaches for
the design and development new materials; and,
-- New automated materials discovery systems that integrate
simulation, machine learning, artificial intelligence and/or
robotics.
Accelerating materials science discovery represents one of four
core focus areas for TRI, which was launched in 2015 with mandates
to also enhance auto safety with automated technologies, increase
access to mobility for those who otherwise cannot drive and help
translate outdoor mobility technology into products for indoor
mobility.
About Toyota Research Institute
Toyota Research Institute is a wholly owned subsidiary of Toyota
Motor North America under the direction of Dr. Gill Pratt. The
company, established in 2015, aims to strengthen Toyota's research
structure and has four initial mandates: 1) enhance the safety of
automobiles, 2) increase access to cars to those who otherwise
cannot drive, 3) translate Toyota's expertise in creating products
for outdoor mobility into products for indoor mobility, and 4)
accelerate scientific discovery by applying techniques from
artificial intelligence and machine learning. TRI is based in the
United States, with offices in Los Altos, CA, Cambridge, MA, and
Ann Arbor, MI. For more information about TRI, please visit
www.tri.global."
For more information contact:
Ilika plc www.ilika.com
Graeme Purdy, Chief Executive Tel: 023 8011 1400
Steve Boydell, Finance Director
Toyota Research Institute
John Hanson, Director, Communications Tel: +1.657.331.1291
& Public Affairs
Toyota Motor Sales, USA, Inc
Brian R. Lyons, Senior Manager-Advanced Tel: +1.310.468.2552
Technology Communications
Numis Securities Limited Tel: 020 7260 1000
Oliver Cardigan/ Paul Gillam (Corporate
Adviser)
James Black/ Michael Burke (Corporate
Broking)
Walbrook PR Ltd Tel: 020 7933 8780 / ilika@walbrookpr.com
Paul Cornelius Mob: 07866 384 707
Lianne Cawthorne Mob: 07584 391 303
This information is provided by RNS
The company news service from the London Stock Exchange
END
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