The Russian start-up LoReTT LLC is an innovative engineering company producing leading-edge education tools to turn space and satellite services into the exciting teaching elements for school children.
Founded in April 2017 with participation of the Internet Initiatives Development Foundation (IIDF - ФРИИ ), LoReTT has since 26 March 2018 been resident of the Skolkovo Innovation Center (Sk Skolkovo) in Moskva. LoReTT is also economically supported by the Fund for Assistance of Small Innovative Enterprises (Фонд содействия инновациям).
The Internet Initiatives Development Foundation is the Russian venture investment fund, established by the Agency for Strategic Initiatives at the suggestion of Vladimir Putin. The Fund provides investments to technology companies at early stages of development, conducts accelerated programs and participates in the development of methods for legal regulation of the venture industry. The Fund for Assistance of Small Innovative Enterprises (Fund for Assistance of Innovations) is a state-owned non-profit organization in the form of a federal state budget institution, established in accordance with Resolution No. 65 of the Government of the Russian Federation of 3 February 1994.