Galway space tech company Mbryonics secures €17.5m investment

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European Innovation Council funding will help the company develop a new west of Ireland facility in the next five years

Leo Clancy, chief executive of Enterprise Ireland and John Mackey chief executive of Mbryonics, holding an optical communications terminal with Neale Richmond, Minister of State at the Department of Enterprise. Picture: Damien Eagers

The space tech company specialises in optics and photonics for use in satellite communications, datacoms and the 5G wireless sectors. Mbryonics said it would concentrate on free-form optics and photonic integrated circuits manufacturing techniques with a view to advancing process efficiency, supply chain management, and sustainability.

The EIC Accelerator programme is part of the EU’s Horizon Europe 2021-2027 Research and Innovation Programme.

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