Latest News
2014 European Business Angel Congress bringing 350 business angels to Dublin
Meet in Ireland - Connect with Excellence - Conference Ambassador Programme
32nd Irish Concrete Society Awards & Enterprise Ireland International Award Winners Announced
Taoiseach and Minister Quinn honour the contribution of the Student Ambassadors to Education in Ireland
Research & Innovation
Enterprise Ireland Client OxyMem Wins Overall ‘Innovation of the Year’ Award
Irish Start-up company aims to power golf pros through innovative nutrition
New Frontiers Entrepreneur Development Programme
ESA launches first Sentinel Earth Observation Satellite
Start-ups, Jobs, Deals
Boxever Secures Leading Asian Airline Customer and Announces $6 Million in Funding
€500,000 in new funding to support start up businesses in aviation and manufacturing sectors
19 High-Tech Jobs in Mayo Company CloudStrong
International Activities
Ones to Watch: Connecting Irish Innovation to UK Industry
Abu Dhabi Business Elite Visit Ireland
Irish Chamber of Commerce Launches in Central Europe
Events
04 May - Trade Mission to Texas
28 May - Knowledge Transfer Ireland Launch - Convention Centre Dublin
02 June - Trade Mission to Qatar and Oman
Twitter Feed
Contact Us  Follow Us
Research & Innovation

Enterprise Ireland Client OxyMem Wins Overall ‘Innovation of the Year’ Award
 
Pictured with their award are John Geaney and Wayne Byrne of Oxymem
Pictured with their award are John Geaney and Wayne Byrne of Oxymem

OxyMem Ltd, an Enterprise Ireland client company, was recently declared winner of the overall ‘Innovation of the Year’ Award at the 2014 Irish Times InterTradeIreland Innovation Awards. At the awards ceremony held in Dublin, OxyMem Ltd, was also declared the winner of the Energy and the Environment category award. 

OxyMem Ltd, which has developed a breakthrough technology for wastewater aeration, was co-founded in 2013 by Professor Eoin Casey and Dr Eoin Syron as spin-out from UCD’s School of Chemical and Bioprocess Engineering.

Until now wastewater aeration has been a very energy intensive process which has relied on ‘forced’ or ‘bubble aeration’ to deliver oxygen to the bacteria that breaks down the wastewater. Pumping and treating wastewater typically accounts for up to 2.5% of all electrical power produced in a developed country and the aeration process comprises, on average, of 60% of this energy.

OxyMem’s patented technology does not rely on a bubble to deliver oxygen to the bacteria. Instead it uses a gas permeable membrane to deliver oxygen directly to the micro-organisms resulting in up to 99% oxygen transfer efficiency, as no oxygen is lost to the atmosphere. The company’s ‘bubbleless’ aeration system is typically four times more energy efficient than best in class solutions available today.

OxyMem currently employs 12 people and is in the process of closing a €2 million funding round and plans to increase staff numbers to 35 by the end of the year.

Wayne Byrne CEO, Oxymem Ltd said, “Looking to the future, we have major plans to revolutionise the wastewater treatment market globally. We have a turnover of €50 million within five years in our sights and receiving the overall ‘Innovation of the Year Award’ strengthens our position as pioneers in the wastewater industry and in the attainment of an energy and carbon neutral wastewater treatment plant."

Now in its fifth year The Irish Times InterTradeIreland Innovation Awards showcase excellence in innovation, across a range of groundbreaking products and services from all sectors and company sizes across the island, North and South. In recent years the overall winners have created innovations as diverse as drug delivery systems and state-of-the art network switching, to anti-allergy pillows and new technologies for cleaning and disinfection.

Email Newsletter Software by Newsweaver