Events, data and analysis from the Baltic economies
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Lithuanian space technology company Blackswan Space has raised €2.5 million in its second investment round to expand sales in the United States and accelerate the commercialisation of its autonomous spacecraft navigation technology. The round was led by Iron…
Latvia has significantly eased access to its support programme for research-based startups, increasing public co-financing from 50% to 80% and widening eligibility to technologies that have reached TRL 8. The revised rules also allow Latvian branches of foreign…
Around 7,000 reportedly stolen employee passwords, deleted backups, a possible personal data breach and a state-owned company linked to election-system development: the cyberattack on Latvijas valsts meži (LVM) has moved beyond a normal company-level IT incident.
PhotoElon Musk’s xAI, the company behind the Grok chatbot, has left an unexpected European trace in Estonia. According to Follow the Money and Eesti Ekspress, xAI added an Estonian address to Grok’s terms of service in mid-February: Parda…
PhotoLatvia’s IT Procurement Case Expands Into a Wider Governance Risk What began as a criminal case around allegedly manipulated state IT procurements has already moved beyond one investigation. The affair now reaches VDAA, VARAM, election administration, contract continuity…
PhotoLatvia’s IT procurement scandal has moved well beyond the frame of a routine corruption case. According to the European Public Prosecutor’s Office, the investigation concerns at least six ERDF-funded projects worth up to €1.5 million and includes warnings…
Photo€110M in taxes. 569 companies. 14 drive 62% of revenue.
🇱🇻 SAF Tehnika (SAF1R): Baltic engineering export in action — with LATAM foothold
Baltic operations divestment (Jan 13–26, 2026)
🇪🇪Estonia scales AI in education with OpenAI’s global initiative
Nordic–Baltic Hydrogen Corridor (NBHC): market sounding, infrastructure design and risk parameters
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