On 13 and 14 February 2025, the European Space Agency (ESA) celebrated 20 years of supporting space innovation through its ESA Business Incubation Centres (BIC) network. The special event held in Munich, Germany, brought together entrepreneurs, successful space companies, experts and policymakers.
ESA BIC Turin, the centre run by the business incubator I3P with the technical support of Politecnico di Torino and LINKS Foundation, in collaboration with the Italian Space Agency (ASI), took part in the event through the presence of Leo Italiano, its Program Manager.
The ESA BIC network boosts the economy and the space sector. To date, this network has provided tailored support to over 1,800 start-ups, with more than 280 new ones joining annually. It has raised more than €1.25 billion in private investment and granted over 590 patents between 2020 and 2023. Additionally, the programme has created thousands of jobs. The ESA BIC network, consisting of 33 central hubs (including ESRIC) in 22 Participating States and present in over 100 business incubation locations, has fostered international cooperation and knowledge exchange.
Josef Aschbacher, ESA Director General, welcomed the guests of the event saying: “ESA BICs have been key to Europe's space innovation. We start with space and go beyond it—using space technology we can tackle global challenges and bring innovative solutions on Earth while promoting inclusivity and sustainability. By providing local support at the beginning, we've helped start-ups to grow their ideas into ground-breaking solutions. This generates significant economic benefits like job creation and investment in space. We celebrate the hard work and dedication of all those involved in the ESA BIC programme, especially our start-ups. It motivates us to continue building on this strong foundation.”
As part of insightful panel discussions, Géraldine Naja, Director of Commercialisation, Industry, and Competitiveness at ESA, discussed the significance of the ESA BICs and their start-up community within the larger context of the space industry.
“ESA BICs are a vital part of our portfolio of industry support initiatives, bridging space technologies and commercial markets to drive Europe's competitiveness. By fostering trilateral collaborations between industry leaders, start-ups, and academia, we've created a vibrant, interconnected ecosystem that drives growth and innovation. Initiatives such as EPIC (ESA Partnership Initiative for Commercialisation), PhiLab-NET, the ESA Investor Network, ESA Marketplace, and Technology Brokers further enhance our support for start-ups. This comprehensive approach ensures our programme remains impactful and essential for the future of space commercialisation," she added.
Awards were given for outstanding achievements among ESA BIC start-ups. The Junior Category Award to celebrate young innovative companies making significant strides in the early stages of their development was presented to Thomas Perry, Founder of Spherical. Other nominees were LETO Space and The Plasma Rocket Company.
The Senior Category Award, to honour more established start-ups that have demonstrated substantial impact and growth, was presented to Open Cosmos. Other nominees were Neuraspace and Arctic Space Technologies. Josef Aschbacher presented the Honourable Mention award to Helene Huby, Co-Founder and CEO at The Exploration Company for exceptional contributions to the space sector.
ESA BICs offer start-ups tailored business development, technical expertise, intellectual property guidance, and access to funding. As part of this support, the ESA Partnership Initiative for Commercialisation (EPIC) was highlighted as a key element in connecting corporate, academic, and institutional partners with ESA-supported start-ups, empowering entrepreneurship and enhancing commercial opportunities.
Investment partners and the ESA Marketplace were also recognised for their role in bridging innovation and capital, creating a dynamic platform for business-to-business transactions that accelerate the growth of space ventures. Additionally, the contributions of Phi-Labs, Technology Brokers, and investors were acknowledged for their critical roles in supporting the lifecycle of companies within the ESA BIC network.
The event concluded with closing remarks from Luca Del Monte, Head of the Commercialisation Services Department at ESA, and Philip Thomas, Head of ScaleUp Programme Division. They reiterated the importance of continued support and collaboration in driving the future of space innovation.
The ESA BIC network will expand its global reach, fostering international cooperation and knowledge exchange to address global challenges. Current focus is to simplify access for start-ups, making it easier for them to engage with ESA, and use the Agency’s resources to grow and become commercially successful.
