The laser technology developer secured the funding on the heels of a $410,000 ESA contract to develop subsystems for advanced communications satellites.

Pilot Photonics, an Ireland-based laser technology developer spun out from Dublin City University (DCU) and Tyndall National Institute in Cork, has attracted nearly €1m ($1.2m) in funding, the Irish Times has reported.

Enterprise support agency Enterprise Ireland and Bank of Ireland Kernel Capital Venture Funds, a cross-Ireland equity vehicle backed by financial services firm Bank of Ireland and managed by Kernel Capital, both invested in Pilot, as did incubator Dublin Business Innovation Centre (BIC).

Founded in 2012, Pilot Photonics develops…