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🇸🇪 Sweden /Technology

From beer to semiconductors, Cork is building Europe’s future

From Svenska Dagbladet · () Swedish

Translated from Swedish and summarized by DistantNews. Read the original for the full story.

At a glance

In-depth Named sources New plan
  • Cork’s Tyndall Institute is developing technologies including fiber sensors that transmit data and identify nearby vessels.
  • Ireland and the European Commission say Europe must strengthen research, innovation, talent retention and access to capital to compete with Asia and the United States.
  • The institute is expanding with a €100 million building focused on helping researchers turn ideas into businesses.

Across the Lee River from an old porter brewery, Cork is preparing to build a €100 million research facility designed to help turn scientific ideas into companies. Ireland is presenting the project as part of a broader European effort to secure prosperity through research and innovation.

The new building belongs to the Tyndall Institute, the University College Cork technology center. Researchers Cleitus Antony and Rory Fox demonstrated hair-thin cables that use light, impulses and vibrations for two purposes: sending data and communicating across the seabed to the other side of the Atlantic, while also detecting what comes nearby.

Creating new knowledge is crucial to Europe’s future competitiveness, security and prosperity.

· James LawlessIreland’s research and education minister described the importance of research and innovation.

The system can create what Fox called a “fingerprint” of a dolphin, boat or other object. It can even identify the type of fishing vessel or military boat involved. Ireland is showcasing Tyndall as European Commission officials and Brussels correspondents visit Cork, emphasizing that advanced research cannot remain concentrated in Asia and the United States.

It was absolutely fantastic to see. The EU is bridging a gap we have struggled with for a long time.

· Ursula von der LeyenThe European Commission president praised the work showcased at the Tyndall Institute.

Tyndall highlights the companies created by its researchers and professors. Its new facility across the river will focus particularly on people who want to develop research ideas into businesses. The investment, equivalent to 1.1 billion Swedish kronor, was finalized in early July.

“Ireland’s research and education minister James Lawless said, “Creating new knowledge is crucial to Europe’s future competitiveness, security and prosperity.” Commission President Ursula von der Leyen praised what she saw in Cork and called for a capital markets union to make it easier for private money to reach new companies.

We have all the ingredients we need: the talent, innovation, research, infrastructure and capital. We just need to put the capital markets union in place. What we need now is to scale up.

· Ursula von der LeyenShe urged EU countries to improve access to private capital for new companies.

“We have all the ingredients we need: the talent, innovation, research, infrastructure and capital. We just need to put the capital markets union in place. What we need now is to scale up,” von der Leyen said. Ireland’s ambition to become a “Silicon Island” is presented alongside a message that Europe’s competitiveness depends on cooperation rather than fragmentation.

Europe’s competitiveness lies in cooperation, not fragmentation.

· Georgios FagasThe Tyndall strategic development chief framed the institute’s work as part of European cooperation.
About this summary

Originally published by Svenska Dagbladet in Swedish. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.

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