Body armour start-up Vikela Armour has been named as the winner of this year’s INVENT Awards.
Organised by science and technology hub Catalyst with headline partner Bank of Ireland, the annual INVENT Awards celebrate the brightest new business ideas with the greatest commercial potential from across the region.
Ten finalists were chosen to compete for the main prize at a showcase event in the ICC Belfast, with Vikela Armour taking home a prize package of £26,000 from the total prize fund of £50,000.
Belfast-based engineering graduate Peter Gilleece set up Vikela Armour to develop a new type of body armour that provides better protection and comfort than conventional flak jackets.
Speaking about his company, Founder of Vikela Armour, Peter Gilleece, said: “Existing body armour leaves the head, arms and legs completely exposed and is built on an outdated concept. It is also too heavy, reducing the flexibility of movement and causes the wearer to become exhausted. I wanted to address these issues, leading to the creation of Vikela Armour. Paramedics, motorcyclists, mine clearance charities, the military and many more industries can benefit from our lightweight, full coverage products.”
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He added: “The funding we have received from INVENT will help us to expand into more industries, including aerospace and automotive. We hope that in five years from now we will be growing our manufacturing base further within Northern Ireland and will be starting to design the next evolution of armour.”
INVENT Awards category winners on the night were:
Greentech – Phasora Ltd
Health and Wellbeing – Pulse AI
Business Software – Thunder
Consumer Software – Linc
Product – Vikela Armour
The 10 finalists had to give a live one-minute elevator pitch to win £1,000, with the audience on the night also voting Vikela Armour as the winner of best pitch.
A newly introduced Inclusive Innovation Award was presented to Field of Vision, who provide live sport for visually impaired fans, delivered through haptics and AI.
The winner of the Student INVENT competition was Atlas Smart Technologies Ltd, which has designed and developed an adjustable dumbbell that uses a patent-eligible mechanism to allow users to change its weight from 4kg up to 30kg.
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Speaking about the awards, Meg Magill, INVENT Programme Manager, said: “We’d like to congratulate all of the start-ups and entrepreneurs who made it to the INVENT 2022 Final. These companies are an inspiration to us all as they strive to find innovative solutions to real world problems. Catalyst is focused on fostering inclusive innovation and developing entrepreneurs in Northern Ireland and the calibre of entries we received this year has once again highlighted the quality of talent and potential for innovation that exists here. I have no doubt that this year’s finalists will go on to do amazing things.”
George Higginson, Director of Northern Ireland, Partnerships & Mortgages at Bank of Ireland UK, headline partner of the INVENT Awards, also commented: “Bank of Ireland is proud to continue our partnership with Catalyst, supporting this year’s INVENT competition. The 2022 programme has been inspirational and we’re hugely excited about the fantastic innovations again this year. The overall competition really highlights the talent the Northern Ireland tech and innovation sector has to offer. I am convinced that the entrepreneurs will go on to do amazing things and will represent Northern Ireland well on the global stage.”
More information on all of the finalists can be found here.
Source: Written from press release.