Minister for Skills, Research and Innovation Damien English T.D., has launched a high-tech spinout, GRASP Wearable Technologies at Tyndall National Institute. GRASP Wearable Technologies are gearing up for the release of their first market-ready offering, which will measure running biomechanics. Building on almost 10 years of research led by scientists at the Tyndall National Institute at UCC, Cork, GRASP is set to introduce world-leading embedded wearable technology.
Attending today’s launch, Minister for Skills, Research and Innovation Damien English T.D., said, ‘Today’s launch is the culmination of several years’ hard work and innovation from both Tyndall and GRASP. The technology on display here today is truly world-leading and testimony to Ireland’s ability to harness scientific potential to meet industry’s needs.’ Minister English added “GRASP is a perfect example of how the enterprise development agencies in Ireland are working together to help create companies and jobs”.
GRASP’s wearable technologies will measure the wearer’s bio-mechanical parameters based on principal research carried out at Tyndall under the leadership of Dr Michael Walsh, who is also GRASP’s Chief Technology Officer.
Using sophisticated algorithms, GRASP will be able to provide an instantaneous three dimensional profile about a user’s stride length, vertical lift and impact. This information can be used to draw informed conclusions about a user's performance and efficiency, and can be applied to improving an athlete’s running technique and helping avoid injury, to analysing real-time player and team position and movement patterns in team sports.
Looking to capitalise on the growing consumer demand for wearable technologies, GRASP is creating innovative and disruptive technologies with applications in sport, health, fitness and rehabilitation. A recent report by IDTechEX values the wearable technologies market at $14bn, with this set to increase to $70bn by 2024. With major technology players such as Apple, Google and Samsung all expanding their wearable technology platforms, opportunities in the sector has never been so strong. GRASP are actively seeking investment to bring their products to market, with clear market potential and genuine benefits for the consumer.
GRASP CEO, Ken Byrne, commented, 'GRASP takes this leading sensory technology out of the laboratory and places it on an athlete, a person or a patient. The ability to capture and analyse detailed data on human movement and physiology opens the door to improving health and human performance in a very profound way.
For more info on GRASP, click here.
For more info on Tyndall National Institute, click here.