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Irish tech firm will invest £1.8m in cyber security initiative
Irish tech firm will invest £1.8m in cyber security initiative

Irish Post

time2 days ago

  • Business
  • Irish Post

Irish tech firm will invest £1.8m in cyber security initiative

A BELFAST based tech firm has announced an investment of nearly £2m into a cyber security initiative for the manufacturing sector. Angoka has confirmed it will support the development of a world leading cyber security solution for the industry with funding of £1.8m. The COSMIC (Cybersecurity for Operational Systems in Manufacturing and Industrial Control) initiative promises to deliver a solution to protect organisations from the threat of cyber-attacks due to the digitalisation of manufacturing systems. It is currently being developed in partnership with the Advanced Manufacturing Innovation Centre (AMIC) and with financial support from Invest NI. (l-r) Sam Turner, CEO of AMIC, Economy Minister Dr Caoimhe Archibald, Steve Berry, ANGOKA Chairman and Dr Vicky Kell, Director of Innovation, Research and Development at Invest NI Founded in 2019, Angoka has developed technology that allows machines to communicate securely without interference from hackers and cyber security threats. 'With cyber threats growing in both scale and sophistication, demand for solutions that protect online devices has surged across the globe,' Angoka Chairman, Steve Berry said. 'COSMIC is a reaction to the growing need for cyber security adoption in the advanced manufacturing sector due to the detrimental impact any breaches could have on the operational resilience of manufacturing facilities,' he added. 'Our new solution will allow us to expand our core offering and achieve ambitious growth targets. 'It will be designed for ease of deployment both on existing and new manufacturing equipment. 'This seamless deployment will be a key enabler for breaking into new markets across the globe.' Northern Ireland's Economy Minister Dr Caoimhe Archibald announced Angoka's investment this week. 'This investment by Angoka will help increase productivity, create good jobs, and boost innovation across two of our priority sectors - cyber security and advanced manufacturing,' she said. 'It is the result of collaboration between government, academia and the private sector and it has been enabled by the City and Growth Deal which established the Advanced Manufacturing Innovation Centre,' the minister added. 'So this announcement is a great example of our economic strategy paying dividends.' Over the next two years AMIC will support the development of the COSMIC solution through product testing, identification of target customers for commercial deployments and acting as a point of contact with industry groups. 'AMIC is at the heart of the innovation support system for Northern Ireland manufacturing,' AMIC CEO Sam Turner said. 'Led by Queen's University in partnership with industry, Antrim and Newtownabbey Borough Council and Ulster University, we support our industrial clients in transforming processes and introducing new cutting-edge innovative products,' he added. 'With our new Factory-of-the-Future opening in 2026 and our mission to drive growth, competitiveness and innovation, the AMIC team is delighted to support Angoka with this project.' See More: Angoka, Belfast, Cosmic, Cybersecurity, Manufacturing

New cyber security technology could create 'hundreds of jobs'
New cyber security technology could create 'hundreds of jobs'

Yahoo

time3 days ago

  • Business
  • Yahoo

New cyber security technology could create 'hundreds of jobs'

A Belfast-based cyber security firm is investing almost £2m in software to help prevent the advanced manufacturing sector from cyber attacks. ANGOKA, which was set up in 2019 has developed the technology which could be used on the likes of drones, trucks and automated buses as well as manufacturing equipment. It is being developed in partnership with the Advanced Manufacturing Innovation Centre (AMIC), one of the Belfast City Deal projects, with financial support from Invest NI. Fifteen jobs will be created in the next 18 months, but chairman Steve Berry said it could create hundreds of jobs in the years to come. "This is a world leading project and the biggest in the UK in advanced manufacturing and as a result we have organisations like Thales, Rolls Royce, Airbus that are also advising us," he said. Mr Berry said that the manufacturing sector in the UK alone totals tens of billions of pounds. "If we could become an important contributor to make those systems safer, there's going to be a lot of export opportunities, who knows where this could go?" he added. Economy Minister Caoimhe Archibald said this announcement will boost productivity. She said: "We have a persistent challenge in terms of productivity levels compared to both the south of Ireland and Britain. "The reason that is important is productivity is linked to prosperity and people's incomes and the greater productivity we can drive in our economy, the better that is for ordinary people and that's why investments like this are really important." Archibald said Northern Ireland is known for its cyber security expertise around the world. "We are a global leader and this announcement shines a spotlight on that and further enhances the offering that we do have here," she added. Sign in to access your portfolio

Belfast firm to invest nearly £2m in cybersecurity product
Belfast firm to invest nearly £2m in cybersecurity product

Belfast Telegraph

time3 days ago

  • Business
  • Belfast Telegraph

Belfast firm to invest nearly £2m in cybersecurity product

A Belfast-based firm is investing nearly £2m on developing a cyber security product for advanced manufacturing. Angoka is spending £1.8m creating the solution designed to help businesses defend increasingly digitalised manufacturing processes. The product is being jointly developed with the Advanced Manufacturing Innovation Centre (AMIC), a project which brings together Queen's University Belfast and Ulster University with public sector bodies to support industry. The project has also received funding from Invest NI. Economy Minister Caoimhe Archibald said: 'This investment by Angoka will help increase productivity, create good jobs, and boost innovation across two of our priority sectors - cyber security and advanced manufacturing. 'It is the result of collaboration between government, academia and the private sector. And it has been enabled by the City and Growth Deal which established the Advanced Manufacturing Innovation Centre. 'So today's announcement is a great example of our economic strategy paying dividends.' Angoka chairman Steve Berry said: 'With cyber threats growing in both scale and sophistication, demand for solutions that protect online devices has surged across the globe. 'COSMIC is a reaction to the growing need for cyber security adoption in the advanced manufacturing sector due to the detrimental impact any breaches could have on the operational resilience of manufacturing facilities. 'Our new solution will allow us to expand our core offering and achieve ambitious growth targets. It will be designed for ease of deployment both on existing and new manufacturing equipment. 'This seamless deployment will be a key enabler for breaking into new markets across the globe.' Sam Turner, chief executive of AMIC, said the company is at the heart of the innovation support system for Northern Ireland manufacturing. 'Led by Queen's University in partnership with industry, Antrim and Newtownabbey Borough Council and Ulster University, we support our industrial clients in transforming processes and introducing new cutting-edge innovative products. 'With our new Factory-of-the-Future opening in 2026 and our mission to drive growth, competitiveness and innovation, the AMIC team is delighted to support Angoka with this project.' Dr Vicky Kell, director of innovation, research and development at Invest NI said: 'This investment in R&D is a vote of confidence in our talent, infrastructure and R&D capabilities in Northern Ireland. 'The benefits of investing in R&D are rich, and Angoka is testament to how R&D can enable the development of game changing products which can drive competitiveness in the global market. 'This investment directly supports our business strategy, which prioritises accelerating innovation and maximising the wider benefits of City and Growth Deals to drive innovation and build collaboration with academia and industry to develop next-generation products and services.' Angola was founded in 2019 by Mr Berry, and specialises in authentication technology. It also offers threat analysis and risk assessment services to companies. Clients and partners include Sunderland City Council and the UK Centre for Connected and Autonomous Vehicles. As part of its work on the security of self-driving vehicles, Angoka is one of the partners on the Harlander self-driving bus, which aims to enter service on the Belfast Harbour estate in the coming months.

Manufacturing Month returns to showcase the strength of NI sector
Manufacturing Month returns to showcase the strength of NI sector

Belfast Telegraph

time22-04-2025

  • Business
  • Belfast Telegraph

Manufacturing Month returns to showcase the strength of NI sector

Led by Manufacturing NI, the month-long initiative demonstrates the sector's significant contribution to the economy and highlights the companies, workers, and leaders who make Northern Ireland's manufacturing sector a global success story. Sponsored by some of Northern Ireland's leading companies and organisations including the Advanced Manufacturing Innovation Centre (AMIC), Barclays, Go Succeed NI, KPMG, Mills Selig, and Reliance, the campaign aims to showcase the sector's capabilities, from cutting-edge technology and sustainability initiatives to career pathways and skills development. Throughout the month, a series of events, factory tours, webinars, and networking opportunities will be delivered to celebrate achievements, discuss challenges, and explore future opportunities. 'We have extraordinary manufacturing businesses who collectively provide almost 100,000 direct and more than 150,000 fully sustained jobs in every community across Northern Ireland.' Stephen Kelly, chief executive of Manufacturing NI, said. 'They dominate our R&D investment and external and export sales. "Manufacturing Month is a chance to celebrate the sector. It is a platform for manufacturers to not only share their achievements but also learn from each other and work together to capture the opportunities in an increasingly difficult economy. "Our 'makers' already provide good, regionally dispersed jobs and Manufacturing Month helps bring them together to collectively work to drive productivity, to decarbonise, and deal with the threats presented by a world embroiled in a trade war. "Manufacturing Month will include a series of 'Meet The Maker' events, and the publication of a major piece of economic analysis, which unveils the impact the sector has on communities throughout Northern Ireland. Manufacturers, supply chains, supporting organisations, Councils, and others are encouraged to participate, with a media kit provided to help them get their good news out.' Manufacturing Month will be rounded off with the Anchor High Leadership Summit on May 29 at The Hilton Hotel, Belfast. Summit attendees, manufacturing leaders, and others will hear from a range of industry experts, guest speakers, and panellists who will share their experiences through a series of practical case studies. The summit will be followed in the evening by the prestigious Manufacturing NI Hall of Fame Awards, which recognises those who have shaped Northern Ireland's industrial landscape.

Automotive sales in Egypt fall by 22% MoM in January
Automotive sales in Egypt fall by 22% MoM in January

Zawya

time10-03-2025

  • Automotive
  • Zawya

Automotive sales in Egypt fall by 22% MoM in January

Automotive sales in Egypt plunged by 22% on a monthly basis to 10,100 units in January 2025, compared to 13,000 units in December 2024, according to the Automotive Market Information Council (AMIC). This marks the end of a four-month recovery in monthly car sales that commenced in October 2024, which broke a two-month streak of declines after four months of growth between April and July. © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (

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