Space technology visionary Jaan Praks awarded as Espoo Ambassador 2025
Professor Jaan Praks has been chosen as Espoo's new congress ambassador
ESA BIC Finland for space industry startups
European Space Agency business incubator for early-stage startups that want to develop space-related ideas.
The European Space Agency’s (ESA) Business Incubation Centre ESA BIC was established in Finland in 2017. During the first nine years of operation, 44 companies were admitted. The agreement was renewed with ESA and Aalto in 2024 and the aim is to establish 38 new space startups by 2030.
The incubator’s goal is to provide Finnish companies with access to applications of new space technology through the channels and programmes of the European Space Agency. It also funds startup companies.
We support ambitious startups, ideas and business models that offer new space sector solutions and technologies in many different fields.
Application criteria
- Your innovative idea makes use of space technology, data or expertise and is aimed at non-space markets, or you have developed something new and potentially interesting for the space market.
- Your company was founded no more than five years ago, or you are in the process of starting a new company.
- Your team is located or will be located in Finland.
Whether targeting consumer, business or both sectors, we help startups and entrepreneurs bring new technologies into use by ESA and its partner network, or transfer existing ESA space technologies and hardware, such as satellite data, into terrestrial applications.
We organise application rounds twice a year, in spring and autumn.
Applications
Finland’s Foresail-1p science satellite successfully launched into space
The Finnish science satellite Foresail-1p was successfully launched into space after 8 PM Finnish time on Friday 28 November 2025, aboard the Transporter-15 mission from Vandenberg Space Force Base, California.
ESA funding for the space business
The European Space Agency’s new innovation programme in Otaniemi helps Finnish companies commercialise inventions, leverage satellite data and strengthen their position in the industry.
Finland joins NASA’s Artemis Accords and secures millions in ESA funding for space technology development
The Winter Satellite Workshop, the largest New Space event in the Nordic and Baltic countries, has started today on Aalto University’s campus. During the event, ESA launched the Phi-Lab Finland innovation programme and Finland signed the NASA’s Outer Space Treaty.