NestAI expands to Latvia to advance defence AI on NATO’s Eastern Flank

NestAI, a European AI lab for defence, is opening an R&D centre in Latvia to build defence AI capability alongside the forces and industry operating on NATO’s Eastern Flank. The centre is the next step in NestAI’s growing Nordic and Baltic presence, following the company’s expansion to Sweden announced in August.

As NestAI builds its presence in Latvia, the company is developing the center into a team of 30 scientists and engineers, and has set an investment target of €10 million for the centre over the next few years. The announcement coincides with NestAI’s participation in the Riga Conference on 11 September 2026, where Peter Sarlin, NestAI Founder and Executive Chairman, will meet with Latvian government and academic representatives and speak on European defence AI.

“NestAI’s decision to establish an R&D centre in Latvia is a strategic investment in a sector with significant growth potential. The planned €10 million investment and 30 new jobs for scientists and engineers will bring together knowledge, technology and international cooperation in Latvia. Attracting projects of this kind demonstrates our ability to compete at European level for high-value-added investment,” says Minister of Economics Viktors Valainis.

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Originally published on 21 Sep

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Cybernetica wins contract to modernise Estonia’s social benefits platform

By Announcements 23 March 2026

Cybernetica has been engaged to develop and deliver a critical modernisation project within STAR (Social Services and Benefits Data Register) – the core electronic work environment used by social workers across Estonia for case management, benefit administration, adoption and guardianship procedures, and social welfare reporting.

The project is commissioned by TEHIK (Health and Welfare Information Systems Centre) and the Social Insurance Board (Sotsiaalkindlustusamet) under a framework agreement. The specific subsistence benefit project runs until April 2027.

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Originally published on 23 Mar

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Lockheed Martin to build HIMARS sustainment centre in Estonia

By Estonian Business and Innovation Agency 23 March 2026

Great news for our international partners. Estonia will increase the Film Estonia cash rebate from 30% to 40%, strengthening the country’s competitiveness in the international film production market. “It’s official. Minister Heidy Purga has confirmed the final step of a long process: Film Estonia moves forward with a 40% cash rebate for film and TV production.

Regulations still need to be updated — and then, let’s roll!” stated Edith Sepp, head of the Estonian Film Institute.

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Originally published on 23 Mar

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Marine Alutech is growing and expanding

By Marine Alutech 23 March 2026

Marine Alutech’s order book is growing strongly. At the same time, we ensure and prepare for future project requirements.

The current projects employ more than 200 people at the main location in Teijo, in addition to our staff in Hanko, Turku and Germany. New hall spaces are now under construction, and more employees will come in 2026.

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Originally published on 23 Mar

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airBaltic’s new Oulu connection about to launch

By Announcements and Business Oulu 23 March 2026

The Latvian national airline airBaltic is starting its new direct route connecting Riga with Oulu, starting March 29. The new service will operate five times per week, further strengthening connectivity between Latvia and Finland, and giving Oulu a new contact point to international connections.

airBaltic will fly the new route from Oulu to Riga on Mondays, Tuesdays, Thursdays, Fridays, and Saturdays, departing from Oulu at 5:00 a.m. and arriving in Riga at 6:30 a.m. Flights from Riga to Oulu will operate on Mondays, Wednesdays, Thursdays, Fridays, and Sundays at 11:20 p.m., arriving in Oulu at 1:30 a.m.

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Originally published on 20 Mar

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South Korean defence industry company Hanwha Aerospace officially joined the Estonian Defence and Aerospace Industry Association this week

By Defence Estonia 19 March 2026

South Korean defence industry company Hanwha Aerospace, which cooperates with several Estonian defence industry companies, officially joined the Estonian Defence and Aerospace Industry Association this week.

Hanwha Aerospace is one of the leading defence and aerospace manufacturers, with a broad portfolio spanning artillery systems, aircraft engines, armoured vehicles, and space technology. Their growing presence in the European defence market makes them a valuable addition to our network.

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Originally published on 19 Mar

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Tilde to develop an AI Assistant for Earth Observation platform

By Labs of Latvia 19 March 2026

Tilde has been selected to develop the project “AI Assistant for Data Discovery on the EO Baltic Platform.” The activity is financed by the European Space Agency and will be implemented by Tilde as the Prime Contractor in close cooperation with Baltic Satellite Service (BSS) as the subcontractor.

Tilde brings proven experience in building AI assistants for the space and Earth Observation sector. This new project builds on that experience and further strengthens the company’s role in applying language AI to complex scientific and geospatial systems.

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Originally published on 18 Mar

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Enefit to Triple Its Battery Storage Capacity

By Enefit 19 March 2026

Enefit, the electricity business of Eesti Energia, is expanding its energy storage portfolio by building three new battery storage systems next to its wind farms in Lithuania. The new systems will have a combined capacity of 46 megawatts (MW) and 184 megawatt-hours (MWh). Once completed, Enefit’s storage portfolio will grow from the current 29 MW to 75 MW, strengthening the company’s position in the Baltic energy storage market.

“Energy storage is a key component of the modern energy system. Battery solutions help balance wind and solar generation, support grid stability, and mitigate high price peaks,” said Donatas Celešius, Member of the Management Board of Enefit and Head of Business Development. “Storage solutions also increase the value of our existing production assets and strengthen our integrated generation portfolio as a whole.”

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Originally published on 19 Mar

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Estonia Increases Film Estonia cash rebate programme to 40%

By Film Estonia 18 March 2026

Great news for our international partners. Estonia will increase the Film Estonia cash rebate from 30% to 40%, strengthening the country’s competitiveness in the international film production market. “It’s official. Minister Heidy Purga has confirmed the final step of a long process: Film Estonia moves forward with a 40% cash rebate for film and TV production.

Regulations still need to be updated — and then, let’s roll!” stated Edith Sepp, head of the Estonian Film Institute.

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Originally published on 9 Mar

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Sunly signs PPA agreement for 60 MW solar park in Poland

By Sunly 18 March 2026

Sunly has signed a power purchase agreement (PPA) with Respect Energy for the Rzezawa solar park in southern Poland. The agreement covers the sale of 100% of the electricity generated by the 60 MW photovoltaic installation.

The contract has been concluded in a “pay as potentially produced” structure. In addition to the electricity offtake, the cooperation includes providing balancing services with the installation. Respect Energy will act as the Balancing Services Provider (BSP), enabling the solar park to participate in the balancing market once the formal qualification process and technical integration are completed.

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Originally published on 18 Mar

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Sweden: EIB launches first pre-IPO support to help European growth company access public markets

By European Investment Bank 18 March 2026

The European Investment Bank (EIB) has signed its first pre-IPO advisory agreement to help a European growth company prepare for access to public capital markets. The support is provided through the InvestEU Advisory Hub and aims to strengthen the ability of innovative European companies to grow and remain in Europe as they scale.

The agreement supports Swedish biotechnology company Anocca, based in Södertälje, which develops next-generation T-cell immunotherapies for cancer. T-cell immunotherapy is a form of treatment that uses a patient’s own immune cells, engineered to recognise and attack cancer cells more effectively.

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Originally published on 18 Mar

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