Radar · Aerospace, Maritime and Defense in Latvia
Best Aerospace, Maritime and Defense Companies in Latvia
The 37 best Aerospace, Maritime and Defense companies in Latvia in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals.
By Riya SenguptaFinancials
37companies tracked
$0disclosed funding
0unicorns
—have raised
Sources & further reading
- The Business Research Company
- prnewswire.com
FLIAR INTELLIGENCE · AEROSPACE, MARITIME AND DEFENSE × LATVIA
Our analysis of 50 Aerospace, Maritime and Defense companies
$6.7b in tracked funding; 89% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
50companies analysed
89%cloud-native stacks
2025funding peak (by rounds)
3unicorns
2017median founding year
Ranked: Best Aerospace, Maritime and Defense companies in Latvia
| # | Company | Disclosed funding | Revenue | Net margin | Employees | Founded | Tech stack | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Hansael Maritime company providing navigation, radio, and navigational equipment sales and services, as well as ECDIS… | — | $21M FY2022 | +26% | 22 | 2004 | WordPressMySQLPHP+16 | — |
| 2 | Brasa Defence Systems Specializing in developing, testing, and manufacturing soldier systems and future combat systems | — | $7M FY2022 | — | 32 | 2010 | Proton MailPHPUbuntu+9 | — |
| 3 | PKL Latvia Provider of hull cleaning and crew services | — | $6M FY2024 | — | — | 1992 | — | — |
| 4 | VAIROG EU Provider of precision-engineered bullets and ammunition | — | $6M FY2023 | -9% | 39 | — | — | — |
| 5 | Ultramarin Maritime recruitment and crew management services | — | $5M FY2023 | +3% | 46 | 2009 | Tailwind CSSAstroKeen-Slider+6 | — |
| 6 | KM Ship Management Provider of ship management and repair services | — | $4M FY2022 | -2% | 15 | 2017 | — | — |
| 7 | Antiks-N Provider of ship repair work and maintenance services | — | $2M FY2022 | +5% | 42 | 1994 | — | — |
| 8 | Euroship Service Provider of ship building and repair services, including piping, electrical, and painting solutions | — | $2M FY2022 | — | 53 | 2004 | — | — |
| 9 | Unimars Provider of ship repair services | — | $1M FY2023 | +36% | 9 | 1994 | PHPAnimate.cssBootstrap+9 | — |
| 10 | Lexington United Supplier of marine equipment & spare parts | — | $1M FY2023 | +22% | 4 | 2021 | — | — |
| 11 | VIVID POINT Provider of ship crewing and managing services | — | $963K FY2023 | +22% | 2 | 2008 | — | — |
| 12 | Ship Projects Provider of ship engineering services, specializing in vessel trim and design services | — | $931K FY2022 | +46% | 8 | 2018 | — | — |
| 13 | Invessel Construction company specializing in building yachts with exceptional engineering standards and strict… | — | $846K FY2023 | — | 9 | — | — | — |
| 14 | O Yachts Luxury catamarans designed for boating experience | — | $800K FY2022 | -10% | 14 | 2012 | — | — |
| 15 | KKM Home - KKM | — | $755K FY2020 | -6% | 6 | 1998 | Cart FunctionalityWooCommerceWordPress+30 | — |
| 16 | BALTMARINE BALTMARINE TERMINAL LTD – BOUNDED WAREHOUSE AND FORWARDING SERVICE | — | $677K FY2022 | +18% | 12 | — | — | — |
| 17 | SOFGROUP Manufacturer of guns and armored vehicles | — | $640K FY2023 | +18% | 2 | 2019 | — | — |
| 18 | Seacorre Provider of ship repair services | — | $573K FY2022 | +21% | 3 | 2018 | — | — |
| 19 | Antiks Paint Provider of ship repair services | — | $273K FY2023 | +18% | 12 | 1994 | — | — |
Top 1 Aerospace, Maritime and Defense companies in Latvia
#1
Funding Raised · Riga, Riga · founded 2007 · 4 employees—raised▾
Funding Raised · Riga, Riga · founded 2007 · 4 employees
Manufacturer of optical systems designed to observe and measure distance, coordinates and automatically record images. The company's system provides high-precision night and day-ranging measurements of distant space objects, enabling researchers to carry out daytime laser ranging.
Founders & team
Investors
EIC Fund
Funding & investor landscape
$0total disclosed funding
0companies funded
0disclosed rounds
0rounds last 90 days
Most active investors
Prism market signals · Latvia · country-scoped Prism corpus, 455,531 docs
Market landscape — 10 sub-themes by coverage
Share of Aerospace, Maritime and Defense coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
RESEARCH SIGNALS · Latvia
How research on Defense Technology is moving in Latvia
A read on the academic research around Defense Technology — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 1 Latvia-affiliated papers.
top research entities
- Riga Stradiņš University1
leading researchers
Olevs Nikers · Otto Tabuns
▼
Concerns1 · 100%
0%→0% share
1 median citations100% since 2021mostly empirical
Concerns are cooling (0%→0% of field), led by Bureaucracy.
rising sub-themes (early→recent)
- Bureaucracy1
- Missile defense1
- International security1
- Foreign policy1
- Missile1
Landmark Bureaucratic policy and defense cooperation among the Baltic states · 1 cites
Common questions
How many Aerospace, Maritime and Defense companies are there in Latvia?
Radar tracks 37 indexable Aerospace, Maritime and Defense companies headquartered in Latvia that meet our profile-completeness bar.
What is the total funding raised by Aerospace, Maritime and Defense companies in Latvia?
The Aerospace, Maritime and Defense companies in Latvia on this list have raised a combined $0 in disclosed equity funding across 0 funded companies.
Which is the highest-funded Aerospace, Maritime and Defense company in Latvia?
Funding figures are not yet disclosed for Aerospace, Maritime and Defense companies in Latvia.
How many Aerospace, Maritime and Defense companies in Latvia are funded?
0 of the 37 Aerospace, Maritime and Defense companies in Latvia on this list have disclosed at least one equity funding round.
How many Aerospace, Maritime and Defense unicorns are there in Latvia?
None of the Aerospace, Maritime and Defense companies in Latvia on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Latvia Aerospace, Maritime and Defense companies?
The most active investors in Latvia Aerospace, Maritime and Defense companies on this list include EIC Fund.
Riya SenguptaFinancials
Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.