NRG Solutions becomes a participant of the ESA BIC Latvia incubation program

NRG Solutions, a company specializing in space technologies, has become a participant in the support program of the European Space Agency Business Incubation Center ESA BIC Latvia. It is the first company accepted into the incubation program, which plans to support at least 12 startups over five years.

NRG Solutions is a space technology company that uses Earth observation data and geospatial technologies for real estate valuation. The platform developed by the company provides real estate professionals with the ability to remotely analyze data, identifying structural and environmental factors affecting the condition of buildings. NRG Solutions was founded in 2024 in Latvia by Janis Selis.

ESA BIC Latvia was launched in 2024. The center's mission is to support startups for two years, providing funding of up to €60K, access to the European Space Agency's extensive European network, as well as on-site mentoring, technical support, legal and intellectual property advice and links to an international network of space innovators and industry. During the incubation period, the company will also have the opportunity to participate in European Space Agency procurement.

The Center was established within the framework of Latvia's status as an associate member of ESA and is in line with the objectives of the Latvian Space Strategy developed by the Ministry of Education and Science and the Ministry of Economics.