# Ilika CEO: 'Multiples' of first-year revenue expected as solid-state battery momentum builds

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Text version: https://stenobird.com/podcast/proactive-interviews-for-investors-1457173/ilika-ceo-multiples-of-first-year-revenue-expected-as-solid-state-battery-momentum-builds.md
Podcast: [Proactive - Interviews for investors](https://stenobird.com/podcast/proactive-interviews-for-investors-1457173)
Published: 2026-05-21T12:24:44+00:00
Episode link: https://proactive-interviews-for-investors.simplecast.com/episodes/20260521-ilika-plc-1-5K_k27Q0
Audio file: https://cdn.simplecast.com/media/audio/transcoded/1068c7db-2e26-4675-9674-33cc0c49ccdc/b96906c8-b386-47e4-a142-589b24379f8e/episodes/audio/group/6451aafa-d09c-4635-a6f2-f312b2bd7661/group-item/872ae492-ada4-44b7-a976-b22300aeefd3/128_default_tc.mp3?aid=rss_feed&feed=xjpdm5C9
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Duration seconds: 317

## Resource

Ilika PLC (AIM:IKA, OTCQX:ILIKF, FRA:I8A) CEO Graeme Purdy tells Proactive's Stephen Gunnion that the company has crossed a significant milestone over the past year — delivering its first commercial Stereax revenue — and expects "multiples of that coming through in the year that we've just started." Commercial-grade cathode material is now shipping to US partner Cirtec Medical, while the Goliath platform is attracting growing interest beyond electric vehicles, including defence applications and an e-bike collaboration with Brompton. EU battery electric vehicle sales rose 32.5% year-on-year, providing a strong tailwind for the technology. With 27 evaluation agreements already generating modest sampling revenue, Purdy says the focus over the next 12 months is converting those relationships into larger-scale manufacturing agreements. Watch the full interview for insights into Ilika’s commercial roadmap, battery technology strategy and upcoming milestones ahead of its FY2026 results in July. Visit the Proactive YouTube channel for more interviews and market insights. Don’t forget to like this video, subscribe to the channel and enable notifications for future content. #Ilika #GraemePurdy #SolidStateBatteries #BatteryTechnology #EVMarket #ElectricVehicles #Goliath #Stereax #BatteryInnovation #DefenceTech #EnergyStorage #Brompton #CleanTech #ProactiveInvestors #UKStocks

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