Published: 2021-07-21 11:10:45 CEST
Other information disclosed according to the rules of the Exchange

During a visit to “HansaMatrix” and “Lightspace Technologies” the President of Latvia discusses Latvia's contribution to global development of smart technologies

Rīga, 2021-07-21 11:10 CEST -- On July 20, 2021 the President of Latvia Egils Levits met with representatives of companies “HansaMatrix” and “Lightspace Technologies” to discuss the latest smart technology developments around the world and Latvia’s contribution to the global innovation of these technologies.

Having been introduced to the work of the companies, President Levits praised the development of the augmented reality products produced by the companies and used throughout the world in various areas, such as medicine, car manufacturing etc. The development of smart technology companies in Latvia was also discussed noting the importance of cooperation with local science centres and funding availability for research. The successful collaboration between “HansaMatrix” and the University of Latvia in elaborating scientific themes and the opportunity to obtain European Union funding for developing products and research were mentioned as good examples.

The President of Latvia visited the research and production facilities at the companies, where augmented reality goggles are produced which are used by major car manufacturers and others to optimise manufacturing processes.


Photo author: Gatis Rozenfelds, Chancery of the President of Latvia

Annoucement author: Chancery of the President of Latvia


Investor and media contact:

Māris Macijevskis, CFA

Member of the Management Board, finance director
Phone: (+371) 6780 0002


About HansaMatrix

HansaMatrix is a fast-growing, high-technology company operating in the Baltic, Nordic and European markets, developing and industrializing electronic products and systems, providing a full range of manufacturing services in data networking, Internet of Things, industrial systems and other high value-added product business sectors.