By: NewMediaWire
February 23, 2026
Critical Infrastructure Technologies Ltd. Receives a Dual-Use Innovation Certificate from the Latvian Ministry of Defence
VANCOUVER, BC - February 23, 2026 (NEWMEDIAWIRE) - Critical Infrastructure Technologies Ltd. (CSE: CTTT) (OTC: CITLF) (FRA: X9V) (“CiTech” or the “Company”), a leading developer of autonomous, high-capacity mobile communications platforms, is pleased to announce that it has successfully obtained an Innovation Certificate for dual-use technology from the Latvian Ministry of Defence.
The Innovation Certificate enables CiTech to formally apply to ALTUM (www.altum.lv), Latvia’s state development finance institution, for funding support toward the establishment of manufacturing operations in Liepaja, Latvia.
Under the ALTUM innovation support framework, CiTech intends to apply for up to EUR 3.0 million in project financing. Upon successful completion of the project, the loan may be eligible for a capital discount of up to 30%, significantly enhancing the Company’s capital efficiency as it establishes its European manufacturing base.
PROJECT SCOPE IN LATVIA
The funding will support the commencement of operations in Liepaja, including:
- Securing suitable industrial premises
- Employing up to six (6) staff
- Engaging suppliers throughout Latvia and the broader European Union
- Building five (5) Nexus 20 units which will all be marketed and sold within Latvia and/or the EU, generating significant revenue
CiTech is currently in discussions to lease a facility in the Liepaja Special Economic Zone (SEZ) whereby the corporate tax rate is 4%.
The total project cost is estimated at approximately EUR 4.0 million, of which CiTech is required to contribute approximately EUR 1.0 million (25%), with the balance funded through the proposed ALTUM facility.
STRATEGIC EXPANSION OF EU OPERATIONS
The Innovation Certificate formally recognises CiTech’ s dual-use technology and strengthens the Company’s integration within the European defence and security ecosystem. The establishment of manufacturing capacity in Latvia will support CiTech’s growing European presence, complementing its partnerships across NATO’s Eastern Flank and its previously announced plans to position Latvia as its European Headquarters.
Brenton Scott, Chief Executive Officer of CiTech, commented: “We see this as a great strategy to get our operations fast tracked into Latvia and entrench ourselves even further within the EU. The Innovation Certificate recognises the dual-use capability of our technology and provides a clear pathway to accelerate our European manufacturing strategy.”
The Company will provide further updates as the ALTUM application progresses.
On Behalf of the Board of Directors:
Brenton Scott
Director & Chief Executive Officer
Critical Infrastructure Technologies Ltd.
Brenton.s@citech.com.au
+61 411 751 191
About Critical Infrastructure Technologies Ltd.
Listed on the CSE with operations in Perth, Western Australia, CiTech is creating autonomous, high capacity, rapidly deployable technology that delivers essential services to where they are needed most. CiTech is targeting the mining, defence, border security/surveillance and emergency services sectors in relation to its first product release, the Nexus 16, which aims to provide critical mobile telecommunications for such sectors. Using patented technologies, CiTech’s self-deploying platform (SDP) provides a solution for two of the greatest limitations of current rapidly deployable communication solutions, strength of the tower and ability to rapidly self-deploy and operate, in numerous situations. The SDP is designed to support radio equipment including LTE (Long Term Evolution) and several other technological payloads, such as surveillance and anti-drone systems. CiTech has completed the research and development phase and is currently commercialising the first of many products that will be released. To learn more about the Company, visit www.citech.com.au.
Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
FORWARD-LOOKING INFORMATION
This news release contains “forward-looking information” and “forward-looking statements” (collectively, “forward-looking information”) within the meaning of applicable securities laws. Forward-looking information is generally identifiable by use of the words “believes,” “may,” “plans,” “will,” “anticipates,” “intends,” “could”, “estimates”, “expects”, “forecasts”, “projects” and similar expressions, and the negative of such expressions. Forward-looking information in this news release.
Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information. Forward-looking information is based on the reasonable assumptions, estimates, analysis and opinions of management made in light of its experience and perception of trends, current conditions and expected developments, and other factors that management believes are relevant and reasonable in the circumstances at the date such statements are made. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. All forward-looking information herein is qualified in its entirety by this cautionary statement, and the Company disclaims any obligation to revise or update any such forward-looking information or to publicly announce the result of any revisions to any of the forward-looking information contained herein to reflect future results, events or developments, except as required by law.
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