Junior Minister John Halligan is visiting the headquarters of Taoglas in Wexford this morning to announce the funding of €633,000.
It's for what's called a ZRM project which creates a technology platform from various sources to give an "always online" solution for fixed and mobile applications.
The funding from the European Space Agency was co-ordinated by Enterprise Ireland.
The promising company, created by Ronan Quinlan and Dermot O'Shea, is a leading antenna technology brand globally.
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Taoglas have also been able to employ six engineers to develop the platform and hope to hire more at their Wexford facility over the next 12 months.
