Mbryonics wins €17.5m from European Innovation Council

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Galway-based space tech company Mbryonics has been approved for a recommended investment of €17.5m from the European Innovation Council (EIC) Accelerator.

Galway-based space tech company Mbryonics has been approved for a recommended investment of €17.5m from the European Innovation Council Accelerator.

Part of the EU's Horizon Europe 2021-2027 Research and Innovation Programme, the European Innovation Council Accelerator Programme is Europe's flagship innovation programme. The EIC Accelerator Programme provides transformational funding for high-potential, high-risk start-ups, scale ups and SMEs led by a strong, well-balanced leadership team which are already making good progress in commercialising highly differentiated, deep-tech products capable of creating new markets or disrupting existing ones.

"Additionally, the US government has chosen StarCom to facilitate a space-based internet linking government satellites with various commercial satellite networks, including Starlink and Kuiper, showcasing the impact of our team's decade-long commitment and effort", he added.

 

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