Dublin move 'decisive' as Scisys wins space contract
The Dublin-listed software business Scisys has secured a €11.2m contract with Thales Alenia Space France.
Scisys provides IT and software services across a number of sectors including media and defence, while Thales Alenia Space is the prime contractor to the European Space Agency.
The contract, which is for a scheme related to the Galileo satelllites, has been awarded under a programme funded by the European Union.
The scheme is called the Ground Mission Segment (GMS) and comprises a global network of sensor stations to monitor the signals from satellites.
The chain of stations on Earth also uploads navigation data to the satellites and includes parallel communications networks. Last month Scisys was admitted to trading in Dublin, making it the first Brexit refugee to list on the Irish Stock Exchange.
Klaus Heidrich, chief executive of Scisys, said the company's decision to redomicile its parent company to Dublin in order to protect EU-funded work proved "decisive" in securing the contract.
"The future prospects of the group continue to look highly encouraging," he said.
Meanwhile, Kerry yesterday received a jobs boost with Central Pharma, a pharmaceutical packaging company, to establish a packaging and supply centre at the IDA's Advanced Technology Building. The IDA facility shares a campus with IT Tralee.
The decision will see the privately owned company create 100 jobs over the next five years. Central Pharma's chief executive, Alwyn Smit, said that post-Brexit Ireland offers a stable environment from which to service the company's European customer base.
"Thanks to the investment that has been made in IT Tralee, there exists great resource potential here for us to tap into," Mr Smit said.
"The fact that the site is adjacent to a university that has a STEM faculty played a major role in our decision to come here, as did the availability of the property itself - the building is an excellent turn-key property solution which is ideal for us." UK-headquartered Central Pharma handles products that are supplied to over 60 countries. Local Minister of State Brendan Griffin said the announcement was a "hugely positive development".