IMERC entrepreneurship

She added the technology was “very significant” for Ireland’s blue economy. “We’re delighted to see Exceedence develop commercially with the objective of supporting the marine industry and ultimately creating jobs.”

The software analyses the viablity of potential renewable projects and helps to make “intelligent decisions” on where and when projects should proceed.

“The licensing agreement is important to scale and capture the opportunity presented by the technology solution,” explained Dr Alcorn.