There are several companies in Finland that utilize space technology for sustainable development and climate change mitigation. CollectiveCrunch uses space data to analyze the world's forests from the perspective of sustainable forest management and carbon sinks. Business Finland supports the growth and internationalization of space technology companies.
– Our customers are able to manage their forests better and in a more sustainable way, with the help of models that cover up to tens of millions of hectares of forest made by our Linda Forest platform. The models show the wood species and the wood mass the forests, how the forest is doing and whether it has been felled illegally, for example. Satellite images provide data more easily and in more sustainable way than, for example, land or aerial cartography. Our second application analyzes forests from the point of view of carbon sinks. Our mission is to change the world's understanding of forests, says Jarkko Lipponen, one of the founders of CollectiveCrunch.
Business Finland's New Space Economy program strengthens the position of Finnish space technology companies through innovation funding and international networks, for example.
– Space technology is related to exoatmospheric activities. Space technology can, for example, provide positioning services, meteorological information and telecommunications services, which means that it is part of digitalization and normal functions of modern society, says Markus Ranne, Head of the New Space Economy program.
Space technology also has a crucial role to play in supporting Earth's sustainable development since you can see the entire planet from space. Many Finnish companies utilizing space technology have focused on solving major global challenges such as climate change:
CollectiveCrunch has received funding from the New Space Economy program, and it has also been granted funding from Business Finland's Young Innovative Company funding for comprehensive development of international business and acceleration of growth.
–The aid has be en a crucial factor in helping us grow our company and our personnel and become more international. The aid has also been an important signal to investors, as the investor community appreciates Business Finland's business survey. We have also gained visibility online and at trade fairs, for example, and networked with other space technology companies, says Lipponen at CollectiveCrunch.
CollectiveCrunch also strives for sustainability in its own operations through concrete actions. The company's employees will be offered bicycle benefits and tickets for public transport, and the company's future new office will be built with sustainable solutions. The company's partners are committed to running data centers with renewable energy by 2025.