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€16m funding for high-tech projects involving Galway companies

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€16m funding for high-tech projects involving Galway companies

More than €16m in funding has been awarded for three high-tech Galway projects.

The allocations are under the latest round of the Government's Disruptive Technologies Innovation Fund.

The biggest single allocation is more than €11m to a collaborative medtech project involving Endowave, based at the ATU iHub at Dublin Road.

They're developing advanced technology that can remove unwanted tissue without major surgery - like tumours or cardiac arrhythmia sources.

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A further €4m will go towards a national project that involves ÉireComposites Teo in Indreabhán.

They're working to developing new specialist lightweight materials for drones, and advanced production technologies.

And €1.7m has been awarded to a partnership involving Spiorad Medical at University of Galway.

It's developing a vascular closure device can that stop bleeding quickly and safely during specialist medical procedures.

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