Irish institutions have spun out fewer businesses and awarded fewer licences, options and assignments than in previous years.

Launched in September 2017, Spin-Off Austria supports academics looking to establish spinouts and has selected the first eight projects.

Steel furnace monitoring developer Kubal-Wraith has made its public debut, winning a $33,000 prize from Worshipful Company of Armourers and Brasiers.

Cambridge Material Testing Solutions has been established to develop software and equipment that let industrial clients assess the condition of their metal assets.

The Arizona spinout plans to develop a biopsy needle that could improve the chances of identifying precision treatments for cancer.

Infrared laser manufacturer Intraband was spun out in 2007 and is aiming to deliver products for purposes including medical diagnostics and environmental monitoring.

New spinout RFC Power believes it has found a more cost-effective solution for large-capacity flow batteries used for power grid balancing and standalone plants.

Nkarta has added further patents advancing an immuno-oncological approach honed by scientific founder Dario Campana.

Uniseed and MRCF have become founding investors in University of Melbourne's precision medicine spinout Certa Therapeutics.