Ilika: powering towards commercial success

Episode 1332,   Apr 17, 2023, 10:13 AM

(Watch the video interview HERE)

In this interview Vox Market talks to Ilika (IKA) chief executive Graeme Purdy about what comes next for the next-generation battery technology developer as it progresses plans to scale up manufacturing after the first shipment of its ultra-small Stereax batteries to a leading-edge medical device manufacturer. 

0:27 The significance of the first shipment of Stereax miniature cells to key customer Blink Energy, a developer of smart ocular devices.
1:55 What’s coming next on the commercial front as the large order pipeline is delivered on, and other applications are the cells being used in.
3:25 The potential use in neuro-stimulation as an alternative to pharmaceuticals in treating nervous system issues.
4:24 Beyond size, the improved safety factor that make Ilika’s batteries so suitable for medical applications.
5:18 The market drivers behind rising demand for advanced medical devices, and the scale of the market opportunity.
6:59 Applications in the Internet of Things market, and why Stereax cells are especially suitable for industrial applications in hostile environments.
9.00 The significance of the manufacturing partnership with Cirtec Medical in scaling up production to bring down price points, and leaving Ilika an IP development and licencing business.
10:50 Status of the Goliath project for larger batteries for EVs and personal devices, and the recycling benefits of Ilika’s technologies