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Space

LMT and Novaspace to Develop Satellite Connectivity Hub in Latvia

LMT Group and Novaspace have partnered to establish a 5G/6G satellite communications hub in Latvia, aiming to boost the nation's role in the European space economy.

October 1, 2026, 05:40 PM·SpaceNews
Money

Latvian Tool Maker Rebir to Liquidate Operations

Latvian tool manufacturer Rebir is closing its doors after 60 years, citing the loss of its primary markets in Russia and Belarus as the main driver for liquidation by the end of 2026.

CNews.ru
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