Significant Funding for Eirecomposites

Eirecomposites, company in Galway Gaeltacht receives significant funding
from national innovation fund

21 April, 2023

min read

Údarás na Gaeltachta has welcomed the announcement by the Department of Enterprise Trade and Employment that Eirecomposites, a company located in Coill Rua, Indreabhán, in the Connemara Gaeltacht has been awarded funding of €2.5million as part of a joint aerospace technology venture to develop new innovative processes and materials.

Eirecomposites has partnered with another company, Plasmabound, and with the Dublin Technological University for the Ad Astra project, which has received funding through the DTIF (DISRUPTIVE TECHNOLOGIES INNOVATION FUND) led by the Government of Ireland and Enterprise Ireland. This funding will support the research and manufacture of composite materials for the aerospace industry.

Eirecomposites wll also be involved in a further project, Freeform-OPTIX, which has received funding of €4.4 million for the development of mirrors for high-technology industries, in collaboration with three partners, the company Mbryonics, The Irish Manufacturing Research centre and the University of Galway.

 

Dearbháil Ní Chualáin, Director of Enterprise, Employment and Property at Údarás na Gaeltachta, commented:

“This is wonderful news for Eirecomposites and for the Gaeltacht. The company already provides high-quality employment in the Conamara area – this funding announcement for two cutting-edge projects with which Eirecomposites is centrally involved   is another step forward in the development of the company. Furthermore, the company is an example of what Gaeltacht companies can achieve in the field of innovation and technology. We congratulate Tomás Flanagan and his team on their achievement. “