LMT and Novaspace Partner for 5G/6G Hub in Latvia

During the international Industry Space Days 2026 event at the European Space Agency’s ESTEC facility in Noordwijk, the Netherlands, the Latvian Mobile Telephone (LMT) Group and the globally leading space consultancy Novaspace signed a cooperation agreement on the development of a concept for telecommunications innovation platform for Latvia to link the national connectivity sector with the international satellite industry. The initiative follows the successful ESA 5G/6G Non-Terrestrial Network Hub model and will explore Latvia’s potential role within this network.

Signing the agreement marks a pivotal step toward creating a hub for developing an internationally competitive telecommunications sector in Latvia. The hub will strategically bring LMT Group into the space industry and impact the emergence of a wider Latvia’s space innovation ecosystem in next-generation satellite technologies, products, and services tailored to commercial applications, resilient critical infrastructure, security, digitalization and green transition. Essentially, the hub will attract national and international cooperation, funding and talent.

The next generation of mobile communications is closely linked to the rapid growth of the space economy globally. The space infrastructure is already gradually enhancing terrestrial networks, and the 6G era of telecommunications will seamlessly link terrestrial and non-terrestrial networks. The rationale for such development is efficient and resilient connectivity, especially essential in scenarios involving severe weather, power outages or physical infrastructure disruptions.

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Originally published on 22 Sep

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Hollister Incorporated boosts Lithuanian presence with 100 new hires

By Invest Lithuania 14 January 2025

US healthcare products manufacturer Hollister Incorporated is expanding its Lithuanian operations. This month, the company has officially opened its financial services center, Hollister SSC Lithuania, complementing its manufacturing facility, Hollister Lietuva, located in the Kaunas Free Economic Zone. Building on this growth, the company has announced plans to establish a new product development (NPD) center at its Lithuanian facility later in the year.

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Originally published on 14 Jan

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Estonia opened Business Hub in Washington D.C.

By Trade with Estonia 17 October 2024

Estonia opened the first Business Hub in U.S. Located at the Embassy of Estonia in Washington, D.C., the Business Hub will serve as a bridge between Estonian companies and the vast business opportunities in the U.S. market. A delegation of Estonian defence industry innovators was present at the opening event, also attending the annual AUSA conference.

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Originally published on 17 Oct

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