£1.4million Investment and 23 New Jobs Announced by Sixty-5

Feb 10, 2016

Finance Minister Mervyn Storey has announced a £1.4million investment by Sixty-5 Technologies, which aims to create 23 new jobs with the support of Invest Northern Ireland. Mervyn Storey is pictured with John Arrell, CEO of Sixty-5. 

 

 

Finance Minister Mervyn Storey MLA today announced a £1.4million investment by Sixty-5 Technologies, which aims to create 23 new jobs with the support of Invest Northern Ireland.

Belfast based agricultural software business, Sixty-5, is a spin out from Progressive Agriculture Solutions and a graduate of Invest NI’s Propel programme.

Making the announcement during a visit to the company, Mervyn Storey said: “The creation of 23 high quality jobs is excellent news for the local economy and will generate an additional £792,000 in annual salaries. The total investment of £1.4million is a significant investment by this small company and a real commitment to furthering its growth.”

In a climate of increasing pressures on the agricultural industry, the company has developed a cloud based platform which uses GPS to help farmers boost their productivity and optimise efficiency.

The Minister continued “Sixty-5’s approach to innovation to address a gap in the market will ensure the company is continuing Northern Ireland's rich heritage of agricultural innovation. It also represents an investment in satellite enabled technology which is an area that can create significant business opportunities.”

The investment is being supported by Invest NI, which has offered the company £180,000 of assistance towards 23 new jobs and marketing assistance.

John Arrell, CEO of Sixty-5 Technologies said: “Over the next three years, we are aiming to substantially increase both turnover and export sales through developing new products and services and growing our technological capability.

“Our long term goal is to accelerate sustainable agriculture through the provision of GPS, to ensure the farming industry optimises the best use of its land. Essentially, farmers need technology to be easy to use and we believe that the data should be there to support them for greater farm profitability.

“Our new technology has already been very well received in the industry and with Invest NI’s support we aim to strengthen our team and bring our ideas to the global marketplace to generate substantial export sales.”

Share this Article

Sign up for News

 Enter Code

Latest Features

Transform your Business - Conference
John McClune, Lean Process Manager
Apr 19, 2018
New Middle East exports open up to Northern Ireland businesses
Noel Johnston, Regional Manager for Qatar, Iran and Kuwait
Apr 17, 2018
Access Invest NI’s Business Information Centre in the North West
Des Gartland, North West Regional Manager
Mar 26, 2018
Relationships, reputation and robust processes – why doing business in Africa is unique
Natasha Siniscalchi-Dönmez, Regional Manager Sub-Saharan Africa
Mar 23, 2018
GDPR video workshop - how to be compliant and keep your data safe
Danny Smyth, Information Governance & Data Protection Manager
Mar 16, 2018
Unpicking the EU negotiations
David Roberts, Invest NI Economist
Mar 15, 2018