Ex­pert: tech­no­log­i­cal com­pa­nies lay the foun­da­tion for mod­ern in­dus­try

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Projects that are be­ing worked on by sci­ence and high-tech­nol­ogy com­pa­nies based in Latvia lay the foun­da­tion for mod­ern in­dus­try fo­cused on the fu­ture, said the founder and man­ager of Com­mer­cial­iza­tion Re­ac­tor ac­cel­er­a­tion plat­form Niko­lajs Adamovics af­ter the in­vestors and part­ners day event.

He says that projects that were pre­sented dur­ing the event are at dif­fer­ent stages of de­vel­op­ment – some are look­ing for in­vest­ments or in­dus­try guru sup­port, oth­ers are look­ing for ways to com­mence pro­duc­tion, ad­di­tional re­search or pro­tec­tion of in­tel­lec­tual prop­erty. At the same time, there are com­pa­nies that are pre­par­ing for the next big leap, as BNN was in­formed by the or­ga­ni­za­tion.

«For ex­am­ple, Nanoop­to­met­rics is busy de­vel­op­ing tech­nolo­gies that al­low the use of high pre­ci­sion prop­er­ties of light for mea­sure­ments on a nano level. Mea­sure­ment de­vices of such cal­i­bre can help cre­ate very flat sur­faces for use in in­dus­tries that re­quire high-pre­ci­sion (com­puter hard disks, semi­con­duc­tors, so­lar bat­tery units) pro­duc­tion,» the ex­pert com­ments. Adamovics notes that pre­cise mea­sure­ments and smart con­trol of pro­duc­tion pro­cesses is the di­rec­tion in which mul­ti­ple com­pa­nies are al­ready work­ing, form­ing a solid foun­da­tion for po­ten­tial de­vel­op­ment of this in­dus­try.

The big­gest projects pre­sented at the in­vestors and part­ners day develop ideas in dif­fer­ent sci­ence fields: from mod­ern bio­chem­i­cal so­lu­tions, robo­tised pro­duc­tion equip­ment to AI prod­ucts, smart ma­te­ri­als and tech­nolo­gies for space ex­plo­ration. Tech­nolo­gies de­vel­oped by OLED man­u­fac­turer Evolved could po­ten­tially af­fect not only pro­duc­tion of large dis­plays, but also bio-mark­ers, sen­sors and lasers. «I should add that Lomonosov Moscow State Univer­sity uses knowl­edge of spe­cial­ists from Latvia’s In­sti­tute of Solid State Physics to re­al­ize some of their ideas,» the ex­pert con­tin­ues.

Vita Sture, rep­re­sen­ta­tive of Se­man­tic In­tel­li­gence, re­veals the im­por­tance of quick and cheap er­ror corrections.

«The pro­duc­tion process of new types of medicine can last for decades and cost bil­lions of euros. Be­cause of that, it is highly im­por­tant to de­ter­mine if there is any point in work­ing with spe­cific com­po­nents at the very be­gin­ning of the pro­duc­tion process. What I mean is un­cov­er­ing pos­si­ble er­rors quickly and mak­ing sure those mis­takes do not cost a lot of money. We of­fer an AI sys­tem that helps speed up re­search in early stages of de­vel­op­ment,» says the com­pany’s rep­re­sen­ta­tive.

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