Blockchain Registration Transaction Record

CiTech Secures Latvian Innovation Certificate, Eyes €3M EU Manufacturing Expansion

Critical Infrastructure Technologies obtains Latvian dual-use innovation certificate, plans €3M ALTUM funding for EU manufacturing expansion in Liepaja to produce Nexus 20 units.

This development matters because it represents a strategic expansion of dual-use technology capabilities within the European defence and security landscape. For investors, it signals CiTech's successful navigation of regulatory hurdles and access to favorable EU funding mechanisms, potentially enhancing shareholder value through capital-efficient expansion. For the European market, it brings advanced autonomous communications technology closer to deployment, benefiting sectors from emergency services to border security with rapidly deployable solutions. The establishment of manufacturing in Latvia strengthens NATO's Eastern Flank capabilities while creating local employment and supplier opportunities. This move positions CiTech to capitalize on growing EU demand for resilient infrastructure technology amid increasing geopolitical tensions and natural disaster response needs.