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Payments firm Stripe replaces BT as sponsor of Young Scientist Exhibition – 20 years after founder Patrick Collison won top prize

Payments firm Stripe replaces BT as sponsor of Young Scientist Exhibition – 20 years after founder Patrick Collison won top prize

The value of the five-year deal has not been disclosed. Stripe succeeds BT Ireland, which ended its sponsorship this year after 25 years.
In 2005, Stripe co-founder Patrick Collison won the competition for a project that included the creation of a new programming language.
His younger brother and Stripe's other co-founder, John, also won a category award at the event.
Stripe is now worth $91.5bn (€80.5bn), the most valuable company ever created by Irish founders.
'[This] is a special institution for me and John,' Mr Collison said.
'It amplified our curiosity and reinforced our confidence at a critical juncture. We're honoured that Stripe has been selected to help preserve it for generations to come.'
'It's very rare to find a youth science event that captures the imagination of a whole country
The competition is in its 60th year, founded by Dr Tony Scott and Rev Dr Tom Burke in 1965. With an average of more than 40,000 visitors each year, the annual winners participate in international events such as the European Union Contest for Young Scientists.
The sponsorship deal was the subject of a competitive selection process, according to the YSTE.
'[Stripe's] support ensures we can continue to inspire the next generation of scientists, technologists, engineers and innovators,' co-founder Dr Scott said. 'It's vital that we not only sustain the strong reputation and level of interest in the exhibition year-on-year, but continue to evolve and engage young inquiring minds in new and meaningful ways for years to come.'
The online entry system for the 2026 Young Scientist & Technology Exhibition, open to secondary school students aged 12 to 19, is open for submissions.
Deadlines for submissions, the organisation says, will close on September 26 of this year.
'It's very rare to find a youth science event that captures the imagination of a whole country,' Eileen O'Mara, Stripe's chief revenue officer, said.
'YSTE propels many students into a lifelong career in Stem and strengthens Ireland's science and technology ecosystem. We are delighted to be chosen as title sponsors of the exhibition and look forward to working with the YSTE team and board to continue inspiring young people with the power of science.'

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Two crew members of MV Matthew were ‘completely expendable' court hears
Two crew members of MV Matthew were ‘completely expendable' court hears

Irish Independent

time34 minutes ago

  • Irish Independent

Two crew members of MV Matthew were ‘completely expendable' court hears

Det Superintendent Keith Halley told the three-judge court that Englishman Jamie Harbron was on the 'lowest rung' in the criminal enterprise to transport the massive drugs haul across the Atlantic, into Europe. Harbron was hired as a deck hand on board the Castlemore, an Irish ship which was supposed to meet the MV Matthew and take the drugs to the UK, the detective said. Under cross-examination, Det Halley told Harbron's defence counsel, Michael O'Higgins SC, that Harbron's jobs appeared to include 'greasing things up' or tidying the ship. He did not appear to be a 'competent or good deck hand,' Supt Halley said. He couldn't operate the radio, find the life vests or secure a tow rope thrown from a coastguard boat in an attempt to rescue the vessel. Having been on rough seas from Friday afternoon until Sunday evening, Harbron was 'very sick' and told gardai he believed he was going to die. Harbron was finally winched to safety by a coastguard helicopter and was 'very, very grateful' to his rescuers, the Superintendent said. When the Dubai-based organisers of the criminal enterprise realised the Castlemore had run aground, they initially told the ship's captain, Vitaliy Lapa, not to call the coastguard. They then removed the Castlemore from the virtual chat room used to communicate with the vessels and told the MV Matthew they would find another boat to make the rendezvous. Supt Halley agreed that this indicated Harbron and Lapa were 'completely expendable'. Harbron appeared to have become involved in the plot at the last minute and had told gardai that he was promised €10,000 would be wiped off a €20,000 drug debt. Lapa, the detective said, speaks no English and the two men communicated using Google Translate. The Dubai-based leadership had an 'erroneous belief' that the messages they had sent to the Castlemore would automatically delete after one hour, Supt Halley said. However, gardai retrieved the messages, which were used as part of the evidence in the case. ADVERTISEMENT Learn more Eight men have pleaded guilty to offences arising from the seizure of €157 million worth of drugs on board the MV Matthew. Members of the Irish Army Rangers wing of the Defence Forces boarded the ship on September 26, 2022 in a daring mission in rough seas as the MV Matthew manoeuvred to try to evade capture. The ship had departed from Curacao, off the Venezuelan coast and sailed across the Atlantic before arriving in Irish territorial waters. Ukrainians Mykhailo Gavryk (32) and Vitaliy Vlasoi (33); Iranians Soheil Jelveh (52) and Saeid Hassani (40); Filipino Harold Estoesta (31) and Dutch national Cumali Ozgen (50) pleaded guilty that between September 24 and 26 2023, both dates inclusive, at locations outside the State, on board the vessel 'MV Matthew' they possessed cocaine for sale or supply, in contravention of the Misuse of Drugs Regulations. Ukrainian national Vitaliy Lapa (62), with an address at Rudenka, Repina Str in Berdyansk, and Jamie Harbron (31) of South Avenue, Billingham in the UK pleaded guilty that on dates between September 21 and 25, 2023 they attempted to possess cocaine for sale or supply, in contravention of the Misuse of Drugs Act. Lawyers for all eight today asked the court to be as lenient as possible in sentencing. For mitigation, they rely on their guilty pleas and the fact that their time in prison will be spent in a foreign country away from their families. None of those before the court were the leaders of the criminal organisation involved in transporting the drugs but were hired to perform specific roles on the two ships, lawyers said. The only defendant with a record of offending is Jamie Harbron, whose convictions include cannabis and cocaine possession in the UK. Lawyers for the others submitted that their clients were of good character before this offence, but they 'succumbed' to temptation, hoping to resolve various financial difficulties. Brendan Grehan SC, for Kumali Ozgen, said his client's job on board the MV Matthew was to 'mind the cargo'. He was, counsel said, the 'eyes and ears' of those directing the operation from Dubai and had no seafaring experience. Ozgen admitted to gardai that he loaded crates of drugs onto the ship and used paint thinners to try to burn the drugs when the Irish Navy began its pursuit. He also said he was to be paid €50,000 to €100,000 if successful, but has received nothing. Mr Grehan said Ozgen took the job in a 'misguided attempt' to provide for his family, in particular his son, who suffers from poor health. Hugh Hartnett SC, for Gavryk, said his client was of excellent character before this offence. Michael Hourigan SC, for Estoesta, said his client had provided gardai with valuable information, including that when the drugs were loaded onto the MV Matthew, ordinary crew members were plied with alcohol to distract them. Mark Lynam SC for Hassani, said this was the first time his client was involved in 'anything of this kind'. He had been a sailor of good character all his life but 'succumbed to temptation', believing the money from this job would allow him to spend more time with his wife and family. Colman Cody SC, for Lapa, said his client was a hard-working, law-abiding citizen and a loving husband and father. Following the Russian invasion of Ukraine in 2022, Lapa found himself in a 'vulnerable financial position'. Despite having retired as a fishing captain, he was compelled to go abroad to provide for his family. 'He was vulnerable to certain pressures, and that ought to be taken into account,' counsel said. Paul O'Higgins SC, for Vlasoi, said his client was the first officer on the boat but had led a blameless life before. He had limited knowledge of the operation, counsel said. Keivon Sotoodeh BL, for Jelveh, said his client was the captain of the MV Matthew but was acting on orders from Dubai. The court previously heard that Jelveh became frustrated with the instructions he was receiving and called the coastguard for an emergency medical evacuation. A coastguard helicopter lifted Jelveh from the MV Matthew before the ship was engaged by Irish Naval vessel the LE William Butler Yeats. Ms Justice Melanie Greally, sitting with Judge Sarah Berkeley and Judge Grainne Malone, will deliver the sentences on July 4.

Two MV Matthew crew were 'completely expendable', court told
Two MV Matthew crew were 'completely expendable', court told

RTÉ News​

timean hour ago

  • RTÉ News​

Two MV Matthew crew were 'completely expendable', court told

Two men who were to take 2.25 tonnes of cocaine from the MV Matthew and bring it to the UK were so expendable that when their ship ran aground in rough seas, their employers deleted them from a group chat and planned to complete the operation without them, the Special Criminal Court has heard. Det Superintendent Keith Halley told the three-judge court that Englishman Jamie Harbron was on the "lowest rung" in the criminal enterprise to transport the massive drugs haul across the Atlantic, into Europe. Harbron was hired as a deck hand on board the Castlemore, an Irish ship which was supposed to meet the MV Matthew and take the drugs to the UK, the detective said. Under cross-examination, Det Halley told Harbron's defence counsel, Michael O'Higgins SC, that Harbron's jobs appeared to include "greasing things up" or tidying the ship. He did not appear to be a "competent or good deck hand," Supt Halley said. He could not operate the radio, find the life vests or secure a tow rope thrown from a coastguard boat in an attempt to rescue the vessel. Having been on rough seas from Friday afternoon until Sunday evening, Harbron was "very sick" and told gardaí he believed he was going to die. Harbron was finally winched to safety by a coastguard helicopter and was "very, very grateful" to his rescuers, the superintendent said. When the Dubai-based organisers of the criminal enterprise realised the Castlemore had run aground, they initially told the ship's captain, Vitaliy Lapa, not to call the coastguard. They then removed the Castlemore from the virtual chat room used to communicate with the vessels and told the MV Matthew they would find another boat to make the rendezvous. Supt Halley agreed that this indicated Harbron and Lapa were "completely expendable". Harbron appeared to have become involved in the plot at the last minute and had told gardaí that he was promised €10,000 would be wiped off a €20,000 drug debt. Lapa, the detective said, speaks no English and the two men communicated using Google Translate. The Dubai-based leadership had an "erroneous belief" that the messages they had sent to the Castlemore would automatically delete after one hour, Supt Halley said. However, gardaí retrieved the messages, which were used as part of the evidence in the case. Eight men have pleaded guilty to offences arising from the seizure of €157 million worth of drugs on board the MV Matthew. Members of the Irish Army Rangers wing of the Defence Forces boarded the ship on 26 September 2023 in a daring mission in rough seas as the MV Matthew manoeuvred to try to evade capture. The ship had departed from Curacao, off the Venezuelan coast and sailed across the Atlantic before arriving in Irish territorial waters. Ukrainians Mykhailo Gavryk, 32, and Vitaliy Vlasoi, 33, Iranians Soheil Jelveh, 52, and Saeid Hassani, 40, Filipino Harold Estoesta, 31, and Dutch national Cumali Ozgen, 50, pleaded guilty that between 24 and 26 September 2023, both dates inclusive, at locations outside the State, on board the vessel MV Matthew, they possessed cocaine for sale or supply, in contravention of the Misuse of Drugs Regulations. Ukrainian national Vitaliy Lapa, 62, with an address at Rudenka, Repina Str in Berdyansk, and Jamie Harbron, 31, of South Avenue, Billingham in the UK pleaded guilty that on dates between 21 and 25 September 2023 they attempted to possess cocaine for sale or supply, in contravention of the Misuse of Drugs Act. Lawyers for all eight today asked the court to be as lenient as possible in sentencing. For mitigation, they rely on their guilty pleas and the fact that their time in prison will be spent in a foreign country away from their families. None of those before the court were the leaders of the criminal organisation involved in transporting the drugs but were hired to perform specific roles on the two ships, lawyers said. The only defendant with a record of offending is Jamie Harbron, whose convictions include cannabis and cocaine possession in the UK. Lawyers for the others submitted that their clients were of good character before this offence, but they "succumbed" to temptation, hoping to resolve various financial difficulties. Brendan Grehan SC, for Kumali Ozgen, said his client's job on board the MV Matthew was to "mind the cargo". He was, counsel said, the "eyes and ears" of those directing the operation from Dubai and had no seafaring experience. Ozgen admitted to gardaí that he loaded crates of drugs onto the ship and used paint thinners to try to burn the drugs when the Irish Navy began its pursuit. He also said he was to be paid €50,000 to €100,000 if successful, but has received nothing. Mr Grehan said Ozgen took the job in a "misguided attempt" to provide for his family, in particular his son, who suffers from poor health. Hugh Hartnett SC, for Gavryk, said his client was of excellent character before this offence. Michael Hourigan SC, for Estoesta, said his client had provided gardai with valuable information, including that when the drugs were loaded onto the MV Matthew, ordinary crew members were plied with alcohol to distract them. Mark Lynam SC for Hassani said this was the first time his client was involved in "anything of this kind". He had been a sailor of good character all his life but "succumbed to temptation", believing the money from this job would allow him to spend more time with his wife and family. Colman Cody SC, for Lapa, said his client was a hard-working, law-abiding citizen and a loving husband and father. Following the Russian invasion of Ukraine in 2022, Lapa found himself in a "vulnerable financial position". Despite having retired as a fishing captain, he was compelled to go abroad to provide for his family. "He was vulnerable to certain pressures, and that ought to be taken into account," counsel said. Paul O'Higgins SC, for Vlasoi, said his client was the first officer on the boat but had led a blameless life before. He had limited knowledge of the operation, counsel said. Keivon Sotoodeh BL, for Jelveh, said his client was the captain of the MV Matthew but was acting on orders from Dubai. The court previously heard that Jelveh became frustrated with the instructions he was receiving and called the coastguard for an emergency medical evacuation. A coastguard helicopter lifted Jelveh from the MV Matthew before the ship was engaged by Irish Naval vessel the LE William Butler Yeats. Ms Justice Melanie Greally, sitting with Judge Sarah Berkeley and Judge Gráinne Malone, will deliver the sentences on 4 July.

Parknasilla revenues increase to €12m for 2024 as 2025 'looks to be very strong'
Parknasilla revenues increase to €12m for 2024 as 2025 'looks to be very strong'

Irish Examiner

timean hour ago

  • Irish Examiner

Parknasilla revenues increase to €12m for 2024 as 2025 'looks to be very strong'

Revenues at the four-star Parknasilla resort in Co Kerry last year increased to €12m as business for 2025 'looks to be very strong', according to the managing director of Parknasilla, Tony Daly Mr Daly was commenting on new accounts for hotel operator, Silork Ltd, which show that operating profits increased by 11% to €2.4m in 2023. Operating profits rose as revenues dipped slightly in 2023 from €11.55m to €11.52m. Mr Daly said that revenues increased to €12m for 2024 and 'we are projecting revenues of €12.5m for 2025'. He said that earnings at the firm will be down slightly in 2024 due to higher costs. Mr Daly said that Irish customers account for 78% to 80% of the hotel's client base 'and they are holding up very strong this year as are US customers which account for between 15% to 18%'. The resort is owned by billionaire Jacqui Safra and the directors state that for 2023 'turnover held steady and operating profit increased delivering a positive profit before tax for the period'. The company recorded a pre-tax profit of €1.3m after paying out interest charges of €1.09m. The profit also takes account of non-cash depreciation costs of €478,861. The pre-tax profit of €1.3m followed a pre-tax loss of €401,444 in 2022 which was mainly due to interest charges and similar charges of €2.56m for that year. Parknasilla resort comprises an 86-bedroom luxury hotel and spa along with 38 villas and 24 lodges. It also has a nine-hole golf course. In the accounts signed off on last Friday, May 30, the directors state that the US dollar loan was refinanced fully in April 2025. The company secured a new €20m loan facility to refinance existing debt. They state that a euro denominated loan replaced the US dollar loan, thereby taking away the risk of foreign exchange movements that have impacted the profitability of the company in the financial periods prior to the refinance. Numbers employed in 2023 increased from 119 to 121 and staff costs decreased from €4.02m to €3.89m. The directors state that the business enjoys high annual demand with up to 48% repeat business and has an established business with a strong national and international reputation. They said that there is ongoing investment in guest facilities, digital technology upgrades together with sustainable plant and equipment. A note said that a valuation of the entire hotel property valued its assets in October 2022 at €24m. They state that this compares with the current carrying net book value of fixed assets at €16.22m. They said that the difference would convert the balance sheet total to a significant positive balance.

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