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Our weekly selection of the TOP news about Lithuania (25-07-18)

We invite you to check out our weekly selection of the TOP news about Lithuania:

Laser leader Lithuania: how a small country achieved world-class excellence in laser technologies (Lithuania.lt)

Lithuania’s global leadership in laser technologies might be surprising, given the modest size of the country. But with more than half a century of expertise behind it, the Lithuanian laser industry is a major league player in both scientific and industrial laser technologies. Providing solutions for the likes of NASA and IBM, Lithuania’s laser specialists continue to push the scientific frontier and generate the sector’s impressive growth year after year. What is the secret behind this success?

Why little Lithuania has big plans for space tech (BBC)

You could think of the tech as invisible internet cables, designed to link up satellites with Earth. With 70,000 satellites expected to launch in the next five years, it's a market with a lot of potential. The company hopes to be part of a shift from traditional radio frequency-based communication, to faster, more secure and higher-bandwidth laser technology.

Lithuanian Startups Attract €167.7M in H1 2025 – Fivefold Increase From Last Year (Lithuania.lt)

Lithuania’s startup ecosystem is on a rapid upward trajectory, with companies raising a total of €167.7 million in external investment during the first half of 2025—five times more than during the same period in 2024.

US fintech giant Robinhood establishes first European hub in Lithuania (Invest Lithuania)

Robinhood, a leading US financial services company, has established its first European hub in Lithuania. The company obtained both a Category A financial brokerage license and a crypto asset services provider license, from the Bank of Lithuania.

See you next time!

Permanent Representation of Lithuania to the European Union