€16m Funding for High-Tech Projects in Galway
The Irish Government's Disruptive Technologies Innovation Fund has awarded over €16m in funding to three high-tech projects involving Galway companies.
- €11m for a collaborative medtech project by Endowave at ATU iHub, developing advanced technology to remove unwanted tissue without major surgery.
- €4m for a national project involving ÉireComposites Teo, focusing on developing lightweight materials for drones and advanced production technologies.
- €1.7m for a partnership with Spiorad Medical at University of Galway, creating a vascular closure device to stop bleeding during medical procedures.
These projects aim to drive innovation and technological advancements in various fields.
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Author's summary: Galway companies receive €16m funding for innovative projects.