Northern Ireland

Andor Technology creates 166 new jobs with £18m investment

Workers in a factory making cameras
Image caption Andor Technology is one of Northern Ireland's most successful firms

Belfast-based company Andor Technology is to create 166 new jobs with an £18m investment.

The company makes high performance digital cameras for scientific research into medical conditions.

It is a spin-off company from Queen's University, and employs about 230 people in NI. In June, Andor announced a 40% increase in profits on revenue of £28.3m.

Company founder Donal Denvir recently made more than £3m by selling shares.

He sold 500,000 shares at 615p each. His remaining shares are worth around £7m.

Andor's products are sold to hospitals, universities and government labs throughout the world. They are used in the treatment of conditions such as Parkinson's Disease, Alzheimer's Disease and cancer.

More on this story