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Ilika to receive £2.8mln for taking up Faraday Battery Challenge

Ilika to receive £2.8mln for taking up Faraday Battery Challenge

Ilika PLC (AIM:IKA, OTCQX:ILIKF) CEO Graeme Purdy speaks to Proactive's Thomas Warner after announcing that Ilika will receive £2.8mln in grant funding for its role in leading a 24-month Faraday Battery Challenge collaboration with the likes of BMW Group and Williams Advanced Engineering.

Purdy describes it as a "great opportunity for Ilika to participate in a collaboration...with industry leading companies and material suppliers."