Services

€16m funding for high-tech projects involving Galway companies

Published:

  • Avatar
  • Author:

    ~ 1 minutes read

€16m funding for high-tech projects involving Galway companies

This article first appeared on Galway Bay FM

More than €16m in funding has been awarded for three high-tech Galway projects.

The allocations are under the latest round of the Government’s Disruptive Technologies Innovation Fund.

The biggest single allocation is more than €11m to a collaborative medtech project involving Endowave, based at the ATU iHub at Dublin Road.

They’re developing advanced technology that can remove unwanted tissue without major surgery – like tumours or cardiac arrhythmia sources.

A further €4m will go towards a national project that involves ÉireComposites Teo in Indreabhán.

They’re working to developing new specialist lightweight materials for drones, and advanced production technologies.

And €1.7m has been awarded to a partnership involving Spiorad Medical at University of Galway.

It’s developing a vascular closure device can that stop bleeding quickly and safely during specialist medical procedures.

More like this:

Sign Up To get Weekly Sports UPDATES

Go Up