Lightwave wins CCDP Award

Lightwave Technologies, an environmental technology company, was announced as the overall winner of NovaUCD’s Campus Company Development Programme (CCDP), at an awards ceremony held in the University Industry Centre at the end of November.  

The company’s promoters are Nicholas and Gerard McNulty, who have teamed up with Dr Tahar Kechadi and Dr Joe Carthy of UCD’s Department of Computer Science.  

Lightwave Technologies uses artificial intelligence techniques to make efficient decisions for controlling energy usage in commercial buildings with the objective of saving up to 30 per cent of energy costs for clients. The company is developing a system called ICE (Intelligent Control of Energy), which adds intelligence to existing Building Management Systems, learns how buildings react from past experiences and makes effective decisions on how to save energy. 

The CCDP, which has run annually since 1996, is delivered by NovaUCD in collaboration with Enterprise Ireland. It is aimed at supporting university academics and researchers in establishing technology-based companies. 

Companies are judged on the progress they have achieved during the course of the nine-month business development programme. 

Previous winners include AV Edge, ChangingWorlds, ProfExcel and BiancaMed. 

Two other projects, Fisrock and ANTEC, were short-listed for awards at this year’s ceremony.    

Stephen O'Sullivan, Director CCDP; Dr Pat Frain, Director of NovaUCD; Nicholas McNulty, Lightwave Technologies; Peter Finnegan, Director CCDP; Gerard McNulty, Lightwave Technologies and Feargal O'Morain, Director Science, Innovation and Corporate Support Services, Enterprise Ireland.