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Minister launches Virtual & Augmented Reality Company’s new Temple Bar Offices

Written by Robert McHugh, on 4th Sep 2019. Posted in Technology

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Minister for Business, Enterprise & Innovation, Heather Humphries today launched the new offices of Irish technology company, VRAI.

VRAI specialise in Virtual & Augmented Reality and are working with large international clients such as Samsung, IAG and the United Nations, as well as domestic clients such as the ESB & Kingspan.

VRAI have grown from 4 people to 12 people since June of this year and have now expanded into two floors of the Skylab Building in Dublin's Temple Bar to accommodate further growth plans.

VRAI have recently raised €575K through the Enterprise Ireland High Potential Start Up Programme in order to develop their Virtual Reality training platform HEAT – Hazardous Environment Awareness Training.

VRAI’s VR training product HEAT, allows employers to prepare their people to work in hazardous environments but with reduced risk, improved operational outputs and data driven insights into performance. 52% of Fortune 500 companies have had a death or serious injury in the past 18 months despite spending €100Bn annually on training. VRAI aim to reduce workplace deaths and serious injuries while improving operational performance with their AI powered VR training platform.

VRAI are also part of the Government funded Disruptive Technology Innovation Fund which aims to drive innovation in the MedTech sector through the Tyndall National Institutes €8m HOLISTICS consortium.

Speaking on the launch of VRAI’s new offices, Minister Humphreys said, "VRAI are an innovative and exciting Irish technology company who are creating high value jobs, driving IP development and increasing software exports from Ireland. Through the Future Jobs Ireland initiative, the Government is preparing our businesses and workers for the future by investing in areas like technological change, SME productivity and skills."

She added, "VRAI is exactly the kind of company that is helping us to meet our ambitions and I wish them every success in the exciting period ahead."

Source: www.businessworld.ie

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