Gelion reports £2.5m income for FY2026 as sulfur battery work advances
Gelion reported total income of £2.5 million for the audited year ended 30 June 2026, in results published on 21 October, compared with £2.7 million a year earlier. Most income came from government grants and R&D tax incentives.
Event / data period: 2026-06-30
Published: · Updated:
The company said it is developing Nano-Encapsulated Sulfur (NES) cathode material designed to fit existing lithium-ion manufacturing lines. A completed QinetiQ demonstrator showed lithium-metal-anode cells maintaining stable performance beyond 200 charge-discharge cycles; full cells with graphite anodes exceeded 750 cycles at 1C.
Data
Financial-year income and adjusted EBITDA
£ million for financial years ended 30 June
| Total income FY2026 | 2.5 |
| Total income FY2025 | 2.7 |
| Adjusted EBITDA loss FY2026 | -4.4 |
| Adjusted EBITDA loss FY2025 | -4.1 |
Methodology
Nominal amounts reported in the company’s audited results; no recalculation.
Updated:
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- Taxation policySuggested
- Subject suggested from the title or summary: tax incentiveswww.investegate.co.uk ↗
- Science and technologySuggested
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