Critical Infrastructure Technologies Ltd. Establishes Wholly Owned Latvian Subsidiary: "Sia Citech Europe"

Core Insights - Critical Infrastructure Technologies Ltd. (CiTech) has established a new entity in Latvia, SIA CiTech Europe, as part of its global growth strategy [1][3] - The company plans to make Latvia its European Headquarters by 2026, including a manufacturing facility and dedicated sales force [2][3] - The new facility is proposed to be located in the Special Economic Zone (SEZ) in Liepaja, which offers a favorable corporate tax rate of 4% [2] Company Overview - CiTech specializes in developing autonomous, high-capacity mobile communications platforms aimed at sectors such as mining, defense, border security, and emergency services [5] - The company's first product, the Nexus 16, is designed to provide critical mobile telecommunications using patented self-deploying platform (SDP) technology [5] - The SDP addresses limitations of current communication solutions by enhancing tower strength and rapid deployment capabilities [5] Strategic Engagements - CiTech has engaged in high-level discussions with key stakeholders in Latvia, confirming the country's attractiveness for its European headquarters [3][6] - The company aims to build strong partnerships in Latvia to support defense, border security, surveillance, and innovation across Europe [3]