Aalto University becomes a founding partner in Ioncell Oy
Aalto University is one of the founding shareholders of the newly established Ioncell Oy, a company which will commercialise the Ioncell® technology developed at Aalto. The technology enables the production of high-quality textile fibres from wood and cellulosic textile waste in an ecologically sustainable way. These textiles can be used to make clothing, household products and nonwoven fabrics.
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A faster and clearer path from research to business
Aalto University’s renewed process enables technology transfer in just 30 days.Nordic Bioproducts Group opens its first major production facility for advanced cellulosic materials
Aalto-based startup Nordic Bioproducts Group has opened its state-of-the-art production facility in Lappeenranta, Finland. This facility, powered by the company’s proprietary AaltoCellTM Technology, is dedicated to the commercial-scale production of advanced cellulosic materials, including its flagship Microcrystalline Cellulose (MCC). The factory is expected to create 40 million euros in revenue in the first full operating year.State to invest EUR 40 million in satellite company ICEYE
Solidium, which manages state-owned enterprises, will invest EUR 40 million in Aalto-based satellite company Iceye.Iceye is a fast-growing technology company offering satellite imaging based on SAR (SAR) technology. The company also designs, manufactures and sells satellites.