A quietly successful Laois company has secured a deal with Samsung that could create 40 jobs on top of the sixty already employed in Ashgrove Business Centre, Ballybrittas.
Alpha Wireless, with offices in Taiwan and California, has secured investment from two venture capital funds supported by AIB Bank, so they can expand operations in Laois to meet the new contract.
The company, formed in 2008, design and make base station antennas for cellular and broadband networks worldwide, forming part of over 150 networks.
CEO Fergal Lawlor says the deal puts them ahead of the global market for their b
“This Samsung deal, along with other large operator deals, coupled with the investment from AIB supported funds places Alpha Wireless in a commanding position for the global antenna business. In just two months, we have grown employee numbers three fold at our Portlaoise base,” he said.
The AIB funds are part managed by Enterprise Equity Venture Capital, and partner Tom Shinkwin had great praise for Alpha.
“This investment reflects our confidence in the company’s international growth prospects. Alpha Wireless has built a very strong reputation, both for its innovative engineering and its responsiveness to customer requirements. The global antenna market is estimated to be valued at $13.3bn and base station antennas, Alpha’s target market, represent a significant portion. Alpha Wireless is a great example of an indigenous and innovative manufacturing technology business that has proven in a short time that it can sell and leverage its products into highly competitive markets.” he said.