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StocksMediumUpdated•Originally published 13 April 2026•Updated 13 April 2026•

1 min read

Ilika Partners with Brompton to Integrate Solid-State Batteries in E-Bikes

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Key Facts

1Ilika announced a £214,000 joint development program with Brompton Bicycles to integrate its Goliath solid-state battery technology.

about 2 months ago

Version History

Version 1about 2 months ago

What changed: Updated to include the 4% share price increase, Cavendish's reiterated 'buy' rating with a 130p price target, and analyst commentary on future licensing opportunities.

Ilika PLC has announced a formal collaboration with Brompton Bicycles to integrate its Goliath solid-state battery technology into next-generation e-bikes, triggering a 4% rise in its share price to 27p. The joint development program aims to produce specialized battery packs and commence on-bike trials by mid-2027. Following the news, brokerage Cavendish reiterated its 'buy' rating and 130p price target for Ilika, suggesting significant upside from current levels. Analysts view the partnership as a strategic gateway to broader commercial licensing opportunities within the micro-mobility sector. While the initial contract is valued at £214,000, the deal validates Ilika's technology through a major British brand. This move is seen as a critical step toward full-scale commercialization of solid-state power solutions.