Galway-based accelerator funding boosts Mbryonics with €17.5m from European investors

Galway-based accelerator funding: Mbryonics secures €17.5m
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  • Galway-based accelerator funding: Mbryonics, a Galway-based space-tech company, secures €17.5m from the European Innovation Council (EIC) accelerator for developing optical systems for high-speed, secure communication infrastructures.
  • Manufacturing facility: The funding will be used by Mbryonics to establish a manufacturing, assembly, and testing facility for optics and photonics in Ireland within the next five years.
  • Technology focus: Mbryonics specializes in wireless optical transport and coherent photonic-optical transceiver technologies used in satellite communications, datacoms, and 5G.
  • Expansion plans: With support from Enterprise Ireland and the European Space Agency, Mbryonics aims to enhance its capabilities, launch its StarCom optical terminal in 2025, and contribute to the development of a space-based quantum internet.
  • Recognition and partnerships: Mbryonics was chosen for funding by Ireland’s Disruptive Technologies Innovation Fund (DTIF) and selected by the US Defense Advanced Research Projects Agency (DARPA) for the Space-Based Adaptive Communications Node (Space-BACN) program.

Galway-based accelerator funding drives Mbryonics’ €17.5m Investment

In a significant boost to the space-tech industry, Galway-based Mbryonics has successfully secured a substantial €17.5m investment from the European Innovation Council (EIC). The company, known for its development of optical systems for advanced high-speed, secure communication infrastructures, is set to utilize this funding to establish a manufacturing, assembly, and testing facility in Ireland over the next five years.

Mbryonics: Pioneering Space-Tech Innovations in Galway

Mbryonics, a Galway-based start-up, specializes in wireless optical transport and coherent photonic-optical transceiver technologies that find applications in satellite communications, datacoms, and 5G networks. The recent infusion of funding from the EIC accelerator, Europe’s flagship innovation program, is a testament to Mbryonics’ cutting-edge solutions in the space-tech sector.

John Mackey, CEO of Mbryonics, expressed his excitement about the company’s future prospects, emphasizing how the EIC funding, in conjunction with support from Enterprise Ireland and the European Space Agency, will play a pivotal role in expanding Mbryonics’ capabilities. The company’s focus on innovative freeform optics and photonic integrated circuits manufacturing techniques is poised to revolutionize process efficiency, supply chain management, and sustainability within the industry.

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Strategic Expansion and Collaborations in the Space-Tech Domain

Mbryonics’ strategic roadmap includes the launch of its StarCom optical terminal in 2025, aimed at supporting the development of a space-based quantum internet for a client. Additionally, the company has secured a partnership with the US government to enable a space-based internet connection linking government satellites with commercial satellite networks like Starlink and Kuiper, highlighting the global impact of Mbryonics’ decade-long commitment to innovation and excellence.

The company’s accolades extend beyond its recent funding success. Mbryonics was among the 16 companies selected for funding from Ireland’s Disruptive Technologies Innovation Fund (DTIF) in 2019 and received an additional €4.1m from the DTIF in 2023. Minister of State for Business, Employment, and Retail Neale Richmond, TD, commended Mbryonics for its disruptive technology initiatives, emphasizing the company’s pivotal role in advancing Ireland’s technological independence in space, photonics, and manufacturing.

Ireland’s Space-Tech Prowess and Global Collaborations

Ireland’s prowess in the space-tech arena has garnered international attention, with companies like Mbryonics leading the charge in innovation and technological advancement. Notable collaborations, such as Mbryonics’ selection by the US Defense Advanced Research Projects Agency (DARPA) for the Space-Based Adaptive Communications Node (Space-BACN) program, underscore Ireland’s growing influence in the global space-tech landscape.

The collaboration between Dublin-based Réaltra Space Systems Engineering and ArianeGroup to enhance European rocket launchers and Ubotica’s launch of a new satellite for ‘live Earth intelligence’ further solidify Ireland’s position as a key player in the space-tech domain. The involvement of multiple Irish teams in the James Webb Space Telescope project, resulting in groundbreaking discoveries, highlights the nation’s contribution to cutting-edge space exploration endeavors.

Galway-based accelerator funding has propelled Mbryonics to new heights, enabling the company to pioneer innovative solutions in the space-tech sector. With a strong focus on technological advancements and strategic collaborations, Mbryonics is poised to make significant contributions to the global space-tech ecosystem, further solidifying Ireland’s reputation as a hub for cutting-edge innovation in the field.

Links to additional Resources: 1. https://www.mbryonics.com/ 2. https://www.nasa.gov/ 3. https://www.esa.int/
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