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Ilika launches ORKA deep-sea battery line for defence and marine markets, boosting underwater tech applications.

Market News
22 Oct 2026
Proactive Investors
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Bullish
Ilika launches ORKA deep-sea battery line for defence and marine markets, boosting underwater tech applications.

Ilika PLC has introduced the ORKA product family, a new range of deep-sea battery systems designed for autonomous underwater vehicles (AUVs) used in seabed surveys, infrastructure monitoring, and military operations. These batteries, based on Ilika's Goliath technology, can operate at depths up to 6,000 meters without heavy pressure vessels, enhancing underwater mission endurance. This launch marks Ilika's strategic move to expand beyond electric vehicles into defence, marine, and e-bike markets, which offer earlier commercial opportunities. The company also appointed retired Major General Robin Anderton-Brown as a defence advisor to strengthen its position in defence sectors, responding to growing interest in secure UK-based supply chains for critical applications.

Ilika's launch of the ORKA battery product family provides context for technology sector performance on Pluang as of Oct 22, 2026 13:11 WIB. Of 150 priced US technology stocks, 30 rose and 118 fell. Notable movers include NBIS at USD 163.08 with a 1-day change of -4.95% and a Pluang order activity split of 48% Sell / 52% Buy, IREN at USD 26.50 down 4.81% but with 100% Buy activity, and MRVL at USD 233.32 down 4.67% with 58% Sell / 42% Buy. The most notable figure is the 118 stocks that declined today.

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