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Solid-state firm receives £15m cash boost to scale up production of its technology

Fri, 04/03/2020 - 09:31 -- Paul Crompton

Ilika has successfully completed a £15 million equity placing to support its growth strategy, the UK-based solid-state company announced on 27 March.

The firm will use the cash to implement a partnering model with one or more third party fabrication facilities to increase production of its centimetre and millimetre-scale Stereax cells at its pilot line in Southampton.

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