QUEEN'S University, Belfast spin-out MOF Technologies has received €317,000 (£286,000) to develop a project to address global warming.
The company has been given the funding from the European Union's Horizon 2020 to collaborate with a South Korean project Gramofon.
It designs and manufacturs proprietary clean-tech nanomaterials known as metal-organic frameworks (MOFs).
It will be one of nine partners working to design new nanostructured materials to more efficiently contain greenhouse gases.
MOF is the first Northern Ireland firm to access Horizon 2020 money for a second time.
The EU research and innovation programme has almost €80 billion of funding available over seven years.
MOF chief executive Dr Paschal McCloskey said: "This second Horizon 2020 project gives us the opportunity to work with some of the world’s leading experts on nanomaterials such as metal organic frameworks (MOFs), MOF/Graphene oxide composites and mesoporous structures based on graphene oxide aerogels.
“Carbon capture and sequestration is but one piece of the overall puzzle that must solved if we are to effectively combat global warming. With the right kind of innovation, however, it may prove to be a very important piece.”
Management at MOF Technologies successully led a buy-out of the business from its then parent NetScientific plc earlier this year.
The company was set up in 2012 and is currently one of the world's leading manufacturers of MOF materials.
Last year, it secured £1 million from the EU to expand its manufacturing base and develop successful collaborations with a number of leading companies such as IBM, General Motors, Johnson Matthey, GDF Suez and Cella Energy.
