Ilika plc First Customer Shipments of Stereax M300 Batteries (9929Y)
May 11 2023 - 2:00AM
UK Regulatory
TIDMIKA
RNS Number : 9929Y
Ilika plc
11 May 2023
Ilika plc
("Ilika" or the "Company")
First Customer Shipments of Stereax(R) M300 Stacked
Batteries
Ilika (AIM: IKA), a pioneer in solid-state battery technology,
announces it has made a number of first customer shipments of
stacked Stereax(R) M300 batteries from its UK manufacturing
facility. Further to its announcement of 11 April 2023, these
shipments are the first of a series of planned deliveries of
Stereax M300 batteries to customers including CubeWorks, the
developer of millimeter-scale smart sensing solutions for IoT, and
Lura Health, a leading developer of wearable intraoral biosensors
for salivary diagnostics. Stereax batteries can be configured such
that they can be stacked, which provides customers with the
flexibility to adapt the battery capacity for their
application.
The small form factor of M300 batteries is of particular
interest to Ilika's customers due to their compact, high-density
and high-power characteristics. CubeWorks is designing CubiSens(TM)
, a next generation sensing platform, aiming to transform biopharma
cold chain logistics, security control, asset protection and
environment monitoring.
Lura Health has developed the world's first salivary diagnostic,
wearable sensor, first embedded in traditional orthodontic
appliances including retainers, bands, and brackets, and eventually
in prosthodontic appliances including dentures, implants, and
bridges. Worn in the mouth continually throughout the day, it
continually measures analytes in saliva, and provides real time
streams of health data by Bluetooth Low Energy to a smartphone.
Cirtec Update
Ilika and Cirtec Medical LLC ('Cirtec'), a strategic outsourcing
partner of complex medical devices including minimally invasive and
active implantable devices, are continuing to finalise the terms of
their intended partnership.
Graeme Purdy, Ilika's Chief Executive Officer said: "Building on
the first shipments of Stereax M50 cells last month, our team has
delivered the first batches of Stereax M300 batteries to support
our customers' product development programmes. CubeWorks and Lura
Health are strong examples of breakthrough technology being enabled
by Stereax products. We will work closely with Cirtec to jointly
market Stereax technology and ramp up production capacity to
support our customers' needs going forward."
Gyouho Kim, CubeWorks Chief Executive Officer, commented: " We
are thrilled to start integrating Ilika's breakthrough battery
technology to further enhance our CubiSens(TM) product lineup.
Batteries have traditionally been one of the major bottlenecks in
IoT, and Ilika's battery technology offers a unique balance of form
factor and performance that can complement our ultra-efficient SoC
(System-on-Chip) solution to achieve exciting new products."
Daniel Weinstein, Lura Health Chief Executive Officer,
commented: "Small form factor is important in the design of Lura
Health's salivary diagnostics sensor. We are looking forward to
qualifying Ilika's technology and understanding its potential
benefits to our future product road map."
For more information contact:
Ilika plc www.ilika.com
Graeme Purdy, Chief Executive Via Walbrook PR
Liberum Capital Limited (Nomad Tel: 020 3100 2000
and Joint Broker)
Andrew Godber,
William Hall, Nikhil Varghese
Joh. Berenberg, Gossler & Co. KG Tel: 020 3207 8700
(Joint Broker)
Matthew Armitt, Mark Whitmore, Detlir
Elezi,
Mara Grasso
Walbrook PR Ltd Tel: 020 7933 8780 / Ilika@walbrookpr.com
Lianne Applegarth Mob: 07584 391 303
Nick Rome Mob: 07748 325 236
Tom Cooper Mob: 07971 221 972
About Ilika Technologies
Ilika specializes in the development of solid-state batteries.
Its Stereax(R) product line is designed for miniature medical
devices and specialist internet of Things (IoT) applications.
Stereax(R) enables disruptive product designers looking for an
intrinsically safe, long life (1000s recharges), low leakage (nA)
and miniature power source in a rectangular form factor similar to
ICs. For more information about Ilika, please visit:
https://www.ilika.com.
About CubeWorks
CubeWorks brings to market a portfolio of ultra-low-power,
ultra-small wireless smart sensors. These sensors offer limitless
potential across a broad range of applications and provide access
to mission-critical information exactly when and where it is
needed. For more information, please visit
https://www.cubeworks.io/
About Lura Health
Lura Health's mission is to provide everyone with continual
streams of critical health data, anytime, anywhere, to prevent
health emergencies, manage chronic diseases, and achieve health
goals. Lura Health and its founders have received notable
press-coverage from the Verge, TechCrunch Disrupt and Forbes 30
Under 30, and funding from National Science Foundation SBIR phase I
and II awards and SOSV, a $1B AUM deep-tech investment firm. Please
visit https://www.lurahealth.com/
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