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Ilika hits first revenue milestone with Stereax battery tech, eyes growth in EV and other sectors.

Market News
23 May 2026
Proactive Investors
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Bullish
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Ilika PLC has achieved its first commercial revenue from its Stereax solid-state battery technology, marking a key step in its commercialisation journey. The company is shipping commercial-grade cathode material to manufacturing partner Cirtec and expects to see revenue multiples in the current financial year. Ilika is also expanding its Goliath battery platform applications beyond electric vehicles to defence and e-bikes, with 27 companies currently evaluating its batteries. The company aims to convert these into larger manufacturing agreements within 12 months, supported by a strong cash position to fund ongoing development.

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Sodexo wins major global catering contract with Meta for 130+ sites in 30+ countries

Sodexo wins major global catering contract with Meta for 130+ sites in 30+ countries

Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...

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Experian reports 10% Q1 revenue growth, maintains full-year outlook for 2027

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Company Fundamentals
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Gooch & Housego agrees £346m takeover by US private equity Arlington Capital Partners

Gooch & Housego agrees £346m takeover by US private equity Arlington Capital Partners

Gooch & Housego, a UK-listed photonics company specializing in precision optics for aerospace and defence, has agreed to a £345.6 million takeover by US private equity firm Arlington Capital Partners. The offer values the company at a 41.3% premium t...

Company Fundamentals
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4 hours ago
Aave DAO plans a crypto app merging fiat, self-custody, and DeFi lending, challenging centralized giants.

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Protocol Fundamentals
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4 hours ago
Netflix Q2 revenue expected at $12.6B with operating margin forecast lowered to 32% for FY 2026

Netflix Q2 revenue expected at $12.6B with operating margin forecast lowered to 32% for FY 2026

Analysts expect Netflix to report $12.6 billion in revenue for Q2 and $51.3 billion for the full year 2026. The operating margin forecast has been revised down from 33% to 32% due to anticipated higher expenses, with an expected operating profit of $...

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Neutral
4 hours ago
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