LMT Group and Novaspace partner to develop 5G/6G satellite communications hub strategy in Latvia

LMT Group and Novaspace announced a partnership to develop a strategy for a 5G/6G satellite communications hub in Latvia, announced at ESA's Industry Space Days 2026. The initiative aims to position Latvia as a player in next-generation satellite communications, leveraging LMT's telecom expertise and Novaspace's space consultancy. The strategic impact is moderate, as it signals regional investment in space-based connectivity but lacks immediate market-moving implications.