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Ilika plc ( (GB:IKA) ) has shared an announcement.
Ilika plc has appointed Cavendish Capital Markets Limited as its Nominated Adviser and Sole Broker, indicating a strategic move to strengthen its financial advisory and brokerage capabilities. This appointment reflects Ilika’s focus on enhancing its market position and operational efficiency as it continues to develop its solid-state battery technology, potentially impacting stakeholders by solidifying its industry standing and accelerating its growth trajectory.
More about Ilika plc
Ilika plc is an independent global expert specializing in the development and commercialization of solid-state batteries. The company’s mission is to create innovative IP, manufacture, and license solid-state batteries for markets that conventional batteries cannot address due to limitations in safety, charge rates, energy density, and lifespan. Ilika distinguishes itself with ceramic-based lithium-ion technology known for its safety, thermal tolerance, and recyclability. The company offers two product lines: Stereax batteries for miniature medical implants, industrial wireless sensors, and IoT applications, and Goliath large format batteries intended for electric vehicles and cordless appliances.
YTD Price Performance: -37.69%
Average Trading Volume: 351,263
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £37.48M
Learn more about IKA stock on TipRanks’ Stock Analysis page.