AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
Ilika Achieves Key Milestones in Stereax and Goliath Solid-State Battery Programs
ByAinvest
Thursday, Nov 20, 2025 11:20 pm ET1min read
Ilika CEO Graeme Purdy reported key milestones in the company's Stereax and Goliath solid-state battery programs. The Stereax M300 micro-battery production line has completed process qualification and is targeting initial commercial deliveries in Q4 2025. Customer testing has validated Goliath 2Ah P1 cells, with 10Ah prototypes to ship in December and 50Ah prototypes to follow based on market demand. Ilika expects revenue of £0.6 million and an EBITDA loss of £3.2 million for the period. The company remains encouraged by customer engagement and is positioned for technical and commercial milestones in 2026 and beyond.
Ainvest News articles are AI-generated using advanced large language model (LLM) technology designed to analyze and synthesize publicly available data and news. While AI tools assist in producing initial drafts and insights, all AI generated content published on Ainvest is subject to comprehensive human editorial review before publication. A designated human editor reviews, verifies, and approves each article for factual accuracy, coherence, and compliance with AInvest Fintech Inc’s editorial and disclosure standards.
Despite these review procedures, the information provided may still contain inaccuracies, incomplete data, or time sensitive references due to the inherent limitations of AI generated analysis and evolving changes. The material is provided strictly for informational and educational purposes and does not constitute personalized investment, legal, or financial advice. Readers should independently verify all facts, figures, and statements before making any decision based on this content.
AInvest Fintech Inc. its affiliates, and partners accept no liability or responsibility for any direct or consequential losses arising from reliance on this content. All articles and analyses are subject to revision, update, or removal without prior notice to maintain accuracy and integrity in our publications.
Comments
No comments yet