Latvia Defense Industry - Adria Defense

Latvia

SEB backs Latvian defense startup Natrix with €250,000 working capital loan

SEB Bank has provided €250,000 in working capital financing to Latvian defence startup Natrix, supporting production and contract execution of its modular unmanned ground vehicle designed for military logistics and evacuation missions.

Latvia

Latvia Breaks Ground on 155 mm Propellant Charge Plant in Iecava Forests, Targeting 50,000 Units Annually

Latvia has begun construction of a 155 mm modular propellant charge factory in the forests of Iecava, designed to produce up to 50,000 charges annually for domestic use and NATO partners, with operations set to begin in Q3.