Ilika CEO on delivery of first commercial Stereax electrodes to Cirtec Medical

Ilika PLC (AIM:IKA, OTCQX:ILIKF, FRA:I8A) CEO Graeme Purdy talked with Proactive's Stephen Gunnion about a major milestone for the company as it delivered its first commercial batch of Stereax electrodes to manufacturing partner Cirtec Medical. The development represents an important step in Ilika’s transition from a technology development company to a commercial supplier in the fast-growing medical device battery market. Purdy explained that the order marks the company’s first revenue-generating product supply for Stereax technology, signalling early progress on the path to commercialisation. As Purdy noted, “what we're announcing today is that we've fulfilled that initial order. So it's our first revenue-generating… order from Cirtec on the path to commercialisation.” The Stereax solid-state batteries are designed for a wide range of miniaturised medical devices. Purdy highlighted growing interest from manufacturers developing implanted sensors used to monitor patient health metrics such as blood pressure and oxygen levels. More advanced applications include neurostimulators that connect to the peripheral nervous system, delivering precise electrical signals to help manage conditions or alleviate chronic pain. Beyond these areas, Ilika is also seeing potential demand in orthopaedic implants, orthodontic wearables and emerging ophthalmology devices. Purdy described the broader opportunity as part of the “electroceutical revolution,” where highly specialised medical devices increasingly complement or replace traditional pharmaceuticals. With the first commercial delivery completed, Ilika is now focused on establishing a regular supply of electrodes from its UK facility to Cirtec, supporting scaling production as demand grows. For more interviews and insights from innovative companies, visit the Proactive YouTube channel. Don’t forget to like the video, subscribe to the channel, and enable notifications so you never miss future content. #Ilika #Stereax #GraemePurdy #SolidStateBatteries #MedicalDevices #Electroceuticals #BatteryTechnology #HealthcareInnovation #CirtecMedical #ImplantableDevices #Neurostimulation #ProactiveInvestors