Critical Infrastructure Technologies Ltd. Receives a Dual-Use Innovation Certificate from the Latvian Ministry of Defence
(TheNewswire)
Vancouver, BC –TheNewswire - February 20, 2026 –Critical Infrastructure Technologies Ltd. (CSE: CTTT) (OTC: CITLF)(FRA: X9V) (“CiTech” or the “Company”), a leading developer ofautonomous, high-capacity mobile communications platforms, ispleased to announce that it has successfully obtained an InnovationCertificate for dual-use technology from the Latvian Ministry ofDefence.
The Innovation Certificate enables CiTech to formally apply to ALTUM(www.altum.lv), Latvia’s state development finance institution, forfunding support toward the establishment of manufacturing operationsin Liep?ja, Latvia.
Under the ALTUM innovation support framework, CiTech intends to applyfor up to €3.0 million in project financing. Upon successfulcompletion of the project, the loan may be eligible for a capitaldiscount of up to 30%, significantly enhancing the Company’s capitalefficiency as it establishes its European manufacturing base.
PROJECT SCOPE IN LATVIA
The funding will support the commencement of operations in Liep?ja,including:
• Securing suitable industrial premises
• Employing up to six (6) staff
• Engaging suppliers throughout Latvia and the broader EuropeanUnion
• Building five (5) Nexus 20 units which will all be marketed andsold within Latvia and/or the EU, generating significant revenue
CiTech is currently in discussions to lease a facility in the LiepajaSpecial Economic Zone (SEZ) whereby the corporate tax rate is 4%.
The total project cost is estimated at approximately €4.0 million,of which CiTech is required to contribute approximately €1.0 million(25%), with the balance funded through the proposed ALTUM facility.
STRATEGIC EXPANSION OF EUOPERATIONS
The Innovation Certificate formally recognises CiTech’ s dual-usetechnology and strengthens the Company’s integration within theEuropean defence and security ecosystem. The establishment ofmanufacturing capacity in Latvia will support CiTech’s growingEuropean presence, complementing its partnerships across NATO’sEastern Flank and its previously announced plans to position Latvia asits European Headquarters.
Brenton Scott, Chief Executive Officer of CiTech, commented: “We seethis as a great strategy to get our operations fast tracked intoLatvia and entrench ourselves even further within the EU. TheInnovation Certificate recognises the dual-use capability of ourtechnology and provides a clear pathway to accelerate our Europeanmanufacturing strategy.”
The Company will provide further updates as the ALTUM applicationprogresses.
On Behalf of the Board ofDirectors:
Brenton Scott
Director & Chief Executive Officer
Critical Infrastructure Technologies Ltd.
¿¿Brenton.s@citech.com.au
¿¿ +61 411 751191
About Critical InfrastructureTechnologies Ltd.
Listed on the CSE with operations in Perth, WesternAustralia, CiTech is creating autonomous, high capacity, rapidlydeployable technology that delivers essential services to where theyare needed most. CiTech is targeting the mining, defence, bordersecurity/surveillance and emergency services sectors in relation toits first product release, the Nexus 16, which aims to providecritical mobile telecommunications for such sectors. Using patentedtechnologies, CiTech’s self-deploying platform (SDP) provides asolution for two of the greatest limitations of current rapidlydeployable communication solutions, strength of the tower and abilityto rapidly self-deploy and operate, in numerous situations. The SDP isdesigned to support radio equipment including LTE (Long TermEvolution) and several other technological payloads, such assurveillance and anti-drone systems. CiTech has completed the researchand development phase and is currently commercialising the first ofmany products that will be released. To learn more about the Company,visit www.citech.com.au.
Neither the CSE nor its RegulationServices Provider (as that term is defined in the policies of the CSE)accepts responsibility for the adequacy or accuracy of thisrelease.
FORWARD-LOOKINGINFORMATION
This news release contains“forward-looking information” and “forward-looking statements”(collectively, “forward-looking information”) within the meaning of applicablesecurities laws. Forward-looking information is generally identifiableby use of the words “believes,” “may,” “plans,”“will,” “anticipates,” “intends,” “could”,“estimates”,“expects”, “forecasts”, “projects” and similarexpressions, and the negative of such expressions. Forward-lookinginformation in this news release.
Forward-looking information issubject to known and unknown risks, uncertainties and other factorsthat may cause the Company’s actual results, level of activity,performance or achievements to be materially different from thoseexpressed or implied by such forward-looking information.Forward-looking information is based on the reasonable assumptions,estimates, analysis and opinions of management made in light of itsexperience and perception of trends, current conditions and expecteddevelopments, and other factors that management believes are relevantand reasonable in the circumstances at the date such statements aremade. Although the Company has attempted to identify important factorsthat could cause actual results to differ materially from thosecontained in forward-looking information, there may be other factorsthat cause results not to be as anticipated. There can be no assurancethat such information will prove to be accurate, as actual results andfuture events could differ materially from those anticipated in suchinformation. All forward-looking information herein is qualified inits entirety by this cautionary statement, and the Company disclaimsany obligation to revise or update any such forward-lookinginformation or to publicly announce the result of any revisions to anyof the forward-looking information contained herein to reflect futureresults, events or developments, except as required by law.
Copyright (c) 2026 TheNewswire - All rights reserved.
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