OUR COMPANIES
Here you will find some of our current portfolio companies. Each of our great companies has been selected into our program through careful tender evaluation. As part of their application, they have presented to ESA a space-related incubation project. ESA and Business Finland fund these projects jointly. The average incubation project duration is 1 year at the end of which a successful company will graduate from ESA BIC Finland as an alumnus. For some of our companies, the space industry represents a new business area, or an opportunity to better serve and address their existing markets utilizing space assets or to find new customer segments.
coldXray, a deep tech startup based in Joensuu that has developed a revolutionary X-ray source for imaging industry.
They joined ESA BIC Finland on November 2024.
Website: coldxray.com
SHARPNAV delivers precise 3-meter satellite positioning accuracy in GPS-jammed conditions, with the potential to achieve centimeter-level accuracy using LEO satellites soon.
Increased spoofing and jamming of GNSS signals pose a serious threat to national security and key global infrastructure. These activities can disrupt critical services such as navigation, communication, and timing, which are essential for various sectors.
Website: sharpnav.com
Oinride: Revolutionizing Mining with Space-Powered Robotic Solutions
Oinride is revolutionizing open-pit mining with advanced robotic solutions powered by space technologies. Our flagship robot, AutoJoe®, uses ESA’s Galileo Satellite network to navigate hazardous environments with decimeter-level accuracy, ensuring safer, more efficient, and sustainable operations.
By joining ESA BIC Finland in November 2024, Oinride aims to accelerate the adoption of space-powered innovations in open-pit mining, enhancing precision and reliability for smarter, more sustainable mining practices.
Website: oinride.com
KOKO Forest creates novel insights into forest ecosystems using state-of-the-art satellite technologies, artificial intelligence and cross-disciplinary ecological knowhow.
We provide unique science-based solutions that provide near real-time information on forest ecosystems enabling sustainable management of forests in any part of the world.
We bring the intelligence to Earth observation data and combine it with profound understanding of ecosystems and plant functions for improved forest-related decision-making in the society. We aim to be the global leader in satellite-based forest analytics and services.
Website: kokoforest.com
Finnish owned company offering secure and flexible Ground Station as a Service (GSaaS)
They joined ESA BIC Finland in November 2024.
Website: northbase.com
NinjaLABO specializes in shrinking large AI models through its TinyML as-a-Service especially for space satellite Edge AI applications.
They focus on optimizing neural networks for small, low-power devices, crucial in space where size and power are limited. This enables advanced on-board data processing in satellites, enhancing decision-making and mission efficiency in space.
NinjaLABO’s innovations in TinyML position it at the forefront of Edge AI for space technology.
Website: ninjalabo.ai
Winse Power solves technically critical challenges by delivering energy and data with light.
Their optical power link technology delivers energy reliably to places that are hard to power up using conventional solutions.
The core of Winse Power technology relies on their own semiconductor chip technology engineered and built in Tampere Finland. Their technology can be used as is replacement for conventional wires or it can be seamlessly integrated into our customers’ applications.
They joined ESA BIC Finland on January 2024.
Website: winsepower.com
