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.
A U.S. jury ruled in favor of Boeing, rejecting LOT Polish Airlines' claim that Boeing hid safety details about the 737 MAX's MCAS system linked to fatal crashes. LOT sought $153 million in damages for losses caused by the aircraft's grounding after ...
The World Health Organization's Africa regional director has warned that the Ebola outbreak in the Democratic Republic of Congo poses a serious risk of spreading to neighboring countries, with confirmed cases already reported in Uganda. The outbreak ...
CEA Industries Inc. has filed a complaint against its asset manager, 10X Capital LLC, in the U.S. District Court for Delaware. The company claims the Asset Management Agreement is one-sided and unconscionable, seeking a court declaration to void the ...
Global Ship Lease reported robust Q1 results supported by a $2.1 billion contracted revenue backlog and 86% charter coverage through 2027, providing strong revenue visibility and protection from market volatility. The company improved fleet utilizati...
Roota, a plant-based topical hair and scalp care brand, offers a roll-on serum and activator spray formulated with rosemary oil, biotin, caffeine, peptides, Redensyl, and AnaGain. The products are designed for targeted application to support the appe...
