Tag: Peter Burke

New state-of-the-art facility for Arm opens in Galway

Arm, the company that is building the future of computing, recently celebrated the official opening of its new state-of-the-art facility in Galway City. Since establishing operations in Galway in 2014, Arm has expanded to 90 staff members locally, and more than 4800 employees across Europe.

Arm’s facility at Crown Square, which recently welcomed a visit from Taoiseach Micheál Martin, will become home to innovative advancements in technology.

This project is supported by the Irish Government through IDA Ireland.

Minister for Enterprise Trade & Employment Peter Burke TD said: “The opening of Arm’s new facility in Galway is a strong endorsement of Ireland’s position as a global hub for research, innovation and advanced semiconductor technologies. We recently launched Silicon Island: Ireland’s National Semiconductor Strategy which aims to have Ireland firmly at the forefront of the global semiconductor industry, targeting emerging technologies, showcasing our manufacturing expertise, R&D capacity, and enterprise supports which will generate high-quality, highly skilled employment opportunities across Ireland.

I thank Arm for its continued commitment to Galway and look forward to the positive impact this will have on the region and the wider economy. I wish all the team at Arm every success for the future.”

“Ireland’s new National Semiconductor Strategy underscores the country’s growing importance in the global technology landscape,” said Mike Lardner, senior director, Engineering, Arm. “We’re proud that our teams in Galway are helping deliver the computing foundations for the next era of innovation — advancing research, strengthening the local ecosystem, and building the future of AI on Arm.”

IDA Ireland CEO Michael Lohan said: I wish to congratulate Arm on this strategic move into a new state-of-the-art facility in Galway City.  A key player in the semiconductor industry, Arm is recognised for its capability in mobile and licensing of chip designs. This new Galway facility is part of Arm’s strategy to expand its market reach and talent pool in Ireland, supporting innovative work in semiconductor and technology development.  I’d like to wish Arm continued success.

Dublin aviation analytics solutions company Aerlytix secures grant of €455,000

Dublin based aviation analytics solutions company Aerlytix has announced that it has secured a grant of €455,000 through Enterprise Ireland’s Research, Development & Innovation (RD&I) fund. This will directly support the development of new products and services to optimise the airline industry’s analytical capabilities around fleet planning and financing.

The company, which was founded in 2020, has also announced that it plans to create 23 new jobs by 2027 focusing mainly on technical and software development roles.  Eight of these new roles have already been filled in recent months.

This R&D project aims to create analytics software, designed with airlines, that drives fleet optimisation and enables better financial risk management. This will support the sector to resolve technical challenges, increase employment in Irish aviation companies and drive international business growth.

Speaking at the announcement at Aerlytix’s Dublin HQ, Minister for Enterprise, Tourism and Employment Peter Burke T.D said, “I wish to commend the team at Aerlytix on its recent success. Aviation is a key driver of our economy, supporting both direct and indirect employment, and provides crucial connectivity for tourism and business. Ireland is a world leader in aviation leasing whereby more than 65% of the world’s aircraft are leased here.

Aerlytix continues to make significant inroads into critical segments of the aircraft leasing industry. By providing tangible solutions through innovative analytics technologies, the company is helping to reduce inefficiencies for the sector and accelerate digital transformation across individual organisations. Aerlytix has significant growth plans to further enhance its offering and scale its talented team here in Dublin and I wish the company the very best.”

Commenting on the announcement, Aerlytix Finance Director, Órla Kearney said: ‘The grant funding from Enterprise Ireland’s RD&I Programme accelerates development and delivery of our next generation technology project for customers.  This investment program is propelling Irish-based technology companies forward. We are excited to extend and scale our aviation technology solutions to a broader set of international clients.”

Speaking on the RD&I fund, Kevin Sherry, Interim CEO, Enterprise Ireland said: Driving substantially increased investment in Research, Development and Innovation (RD&I) by Irish businesses is a key priority in Enterprise Ireland’s new five-year strategy, ‘Delivering for Ireland, Leading Globally’. That increased investment in innovation is a key driver in the success of Enterprise Ireland’s client base both in Ireland and in international markets.

Research shows that businesses that invest in innovation have 2.5 times higher turnover and 4.7 times greater exports than companies not investing in RD&I. Aerlytix has made great progress in a short space of time to develop innovative proprietary analytics solutions for the aviation sector, an area where Ireland leads the way globally in aircraft leasing. We are delighted to support Aerlytix growth plans with significant RD&I funding targeted at supporting the company to deliver accelerated growth across global markets, develop key R&D projects, and create highly skilled new jobs in Ireland.”