AGP Executive Report

Lithuania Fintech Leadership: Marius Galdikas was elected chair of the Lithuanian Fintech Association, signaling a push for scalable growth alongside a predictable regulatory environment. Digital Influence Watch: France’s disinformation watchdog Viginum says Israeli firm BlackCore may have meddled in elections in France, New York City and Scotland, with a toolkit routed through servers in Britain, Germany, Finland and Lithuania—raising the stakes for cyber and election security. Autonomous Driving in Europe: Tesla’s Full Self-Driving (Supervised) gained approval for public roads in Belgium, following approvals already granted in Lithuania and other EU states, with rollout tied to further tests. Defense Tech in the Baltics: Helsing’s Ukraine-proven HX-2 AI strike drone reportedly completed successful US Army counter-drone trials in Lithuania, hitting targets during Project Flytrap. EU Defense Industry Spotlight: Eurosatory-2026 opens in Paris June 15, with heavy focus on AI, air and missile defense, satellite communications, cybersecurity and critical infrastructure protection. Green Energy Infrastructure: Klaipėda Port opened Lithuania’s first green hydrogen station, adding momentum to the country’s clean-transition infrastructure. EU Carbon Rules: The EU tightened rules to limit pausing carbon import fees, aiming to protect local industry while steering investment toward greener tech.

EU-India Tech Dealmaking: The first EU-India Tech Business Forum in New Delhi pushed closer ties under the EU-India Trade and Technology Council, aiming to link European advanced tech with Indian scale, talent, and digital value chains. Lithuania Fintech Leadership: Marius Galdikas was elected chair of the Lithuanian Fintech Association, with a focus on helping firms scale under a predictable regulatory environment. Lithuanian Defense Tech in Action: Helsing’s Ukraine-proven HX-2 AI strike drone reportedly completed successful US Army counter-drone trials in Lithuania. Counter-UAS Software Push: Anduril’s Lattice is being positioned as the Army’s faster “kill chain” backbone after live-fire counter-drone exercises in Lithuania. Autonomous Driving in Belgium: Tesla’s Full Self-Driving (Supervised) was approved for Belgian public roads, following approvals in Lithuania, Estonia, Denmark, and the Netherlands. EU Carbon Import Rules: The EU tightened limits on pausing carbon import fees for steel, cement, and fertilizers, with Lithuania among the dissenters. Klaipėda Green Hydrogen: Port of Klaipėda opened Lithuania’s first green hydrogen station. Global Fact-Checking in Vilnius: GlobalFact 2026 in Vilnius (June 17–19) previews finalists for its fact-checking awards. Defense Expo Watch: Eurosatory-2026 opens in Paris June 15–19, with Ukraine’s Fire Point set to showcase long-range drones and the Flamingo missile. Baltics Innovation Angle: A new report argues the Baltics can act as Europe’s innovation engine, citing scaled success from the region.

Autonomous Driving Rollout: Tesla’s Full Self-Driving (Supervised) has been approved for public roads in Belgium, following similar green lights in the Netherlands, Lithuania, Estonia and Denmark—drivers stay responsible and must remain attentive. EU Trade & Climate Policy: The EU tightened rules to limit when companies can pause carbon import fees on goods like steel, cement and fertilizers, aiming to protect local industry while pushing greener investment. Lithuania Defense Tech: Helsing’s Ukraine-proven HX-2 drone reportedly completed a successful US Army trial run in Lithuania during Project Flytrap, with multiple target engagements recorded. Baltic Innovation Spotlight: A new piece frames the Baltics—especially Lithuania—as an innovation engine for Europe, highlighting how local fintech and startups scale despite small markets. Klaipėda Energy Infrastructure: The Port of Klaipėda opened Lithuania’s first green hydrogen station, adding momentum to clean fuel infrastructure. Fintech Leadership: Marius Galdikas was elected chair of the Lithuanian Fintech Association, signaling a push for long-term scaling and steadier regulation. Security & Influence Ops: A French investigation flags suspected cyber influence activity by BlackCore, with a digital footprint routed through servers in multiple countries including Lithuania.

Lithuania’s Fintech Push: Marius Galdikas was elected chair of the Lithuanian Fintech Association, signaling a shift from fast growth to long-term scaling with predictable rules and stronger regulator-industry dialogue. Defense Tech in the Baltics: Helsing’s Ukraine-proven HX-2 AI strike drone reportedly hit targets during a US Army counter-drone trial at Pabradė in Lithuania, while Anduril’s Lattice software is highlighted as the “kill chain” backbone in recent live-fire counter-UAS drills. Green Energy Infrastructure: Klaipėda Port opened Lithuania’s first green hydrogen station, adding new capacity for cleaner industrial fuel supply. EU Policy Watch: The EU tightened rules to limit how easily the carbon import fee can be paused for sectors like steel, cement, and fertilizers—an issue that included Lithuania among the more skeptical countries. Mobility & Automation: Belgium approved Tesla’s Full Self-Driving for public roads, joining a growing list of EU approvals that still keep drivers legally responsible. Cyber & Influence: A French disinformation probe links suspected BlackCore influence-toolkit activity to servers routed through Britain, Germany, Finland, and Lithuania. Space/Comms Cooperation: Lithuania signed a satellite communications agreement with Luxembourg, with €2.5mn pledged to strengthen secure military connectivity.

Baltic Innovation Push: A new report argues the Baltics can become Europe’s innovation engine, pointing to scaled startups from Lithuania and neighbors despite VC and bureaucracy hurdles. Defense Tech in Lithuania: Helsing’s Ukraine-proven HX-2 AI strike drone was trialed by US soldiers at Lithuania’s Pabradė range during Project Flytrap, with reported successful engagements. Counter-Drone Software: Anduril’s Lattice is described as the Army’s drone-killing brain after live-fire counter-UAS drills in Lithuania integrated many sensors and weapons into one kill chain. NATO Arctic Shift: NATO activated a Finland-based forward land battlegroup focused on Arctic conditions and also sent an Italian research ship as part of Task Force X-Arctic. Lithuania’s Space & Comms: Lithuania signed a satellite communications agreement with Luxembourg to strengthen military comms capabilities. Green Hydrogen: Klaipėda Port opened Lithuania’s first green hydrogen station for cars, trucks, buses and maritime refueling. Digital Finance Watch: ECB restrictions on Revolut’s product launches raise governance questions for fast-growing fintechs. Fact-Checking Spotlight: GlobalFact 2026 in Vilnius will announce finalists for fact-checking awards, underscoring the region’s role in tackling misinformation.

Lithuania–Taiwan Diplomacy Shift: Lithuania is among the “Dumpling Alliance” states that backed Taiwan more openly during COVID-era politics, but references are fading as Vilnius and others recalibrate toward a more cautious, economics-first approach balancing Taiwan ties with China’s trade and investment. Counter-Drone Tech in Lithuania: Anduril’s Lattice is being positioned as the U.S. Army’s drone-killing “brain,” with a live-fire counter-UAS exercise in Lithuania integrating 30+ sensors and weapons into one network. Belgium Approves Tesla FSD: Tesla’s Full Self-Driving supervised system has been authorized for Belgian public roads, making Belgium the fifth EU country to clear it after the Netherlands, Lithuania, Estonia, and Denmark—an important step for EU-wide rollout momentum. Heart Tech IP Boost: HeartSciences secured a European Patent Office grant for ECG-based assessment of diastolic function, expanding its AI-ECG portfolio. Healthy-Aging Initiative: Israeli experts are helping launch an international healthy-aging and longevity initiative at Lithuania’s parliament, aiming to shape policy for Europe and Israel. Cyber Espionage Watch: ESET reports Belarus-linked FrostyNeighbor/UNC1151 phishing campaigns targeting Ukrainian institutions, including activity against Lithuania. Clean Energy Milestone: Klaipėda Port opened Lithuania’s first green hydrogen production and refueling station, combining production and fueling for cars, trucks, buses, and maritime use. Defense Comms Deal: Lithuania signed a satellite communications agreement with Luxembourg, backed by €2.5mn, to strengthen Armed Forces communications. Media Integrity in Focus: Lithuania’s LRT governance changes raise concerns about transparency and politicization, with watchdogs warning safeguards were weakened.

Counter-Drone AI in Lithuania: Anduril’s Lattice is being credited with running the kill chain in a U.S.-led live-fire counter-UAS exercise in Lithuania, integrating 30+ sensors and weapons into one network. Autonomous Driving in Belgium: Tesla’s Full Self-Driving supervised system has been approved for Belgian public roads, making Belgium the fifth EU country to green-light FSD after Lithuania, Estonia, Denmark and the Netherlands. ECG AI Patent Boost: HeartSciences won a European Patent Office grant for ECG-based assessment of diastolic function, expanding its AI-ECG intellectual property portfolio. Secure Space Comms for Lithuania: Lithuania signed a satellite communications agreement with Luxembourg to strengthen military communications, with €2.5m pledged by Luxembourg. Green Hydrogen at Klaipėda Port: Klaipėda Port opened Lithuania’s first green hydrogen production and refuelling station for cars, trucks, buses and maritime use. Cyber Espionage Watch: ESET reports Belarus-linked FrostyNeighbor/UNC1151 phishing campaigns targeting Ukrainian government institutions, with location-based malware delivery. EU Migration Overhaul: The EU Pact on Migration and Asylum is framed as the bloc’s biggest migration reform push yet, with member states now moving into national implementation.

Autonomous Driving in the Baltics: Tesla’s Full Self-Driving supervised system has been authorized in Belgium after tests, with the Flemish approval also covering the whole country—making Belgium the fifth EU market after the Netherlands, Lithuania, Estonia and Denmark. Lithuanian Tech & Defense Testing: German defense firm Helsing’s HX-2 AI loitering strike drone scored 15 kills during Project Flytrap in Lithuania, showing how autonomous systems can operate under contested electronic conditions. EU Defense Tech Collaboration: The European Defence Agency’s Sceptor initiative is pushing multifunction radio systems that blend radar, electronic warfare and communications, with Lithuania among the participating countries. Energy Transition in Klaipėda: Klaipėda Port opened Lithuania’s first green hydrogen production and refuelling facility, targeting passenger cars, heavy transport, ships and port operations. Baltic Security Cooperation: U.S. National Guard leaders visited the Baltics under the State Partnership Program, reinforcing deterrence ties with Lithuania, Latvia and Estonia. Regulation Watch: The ECB reportedly restricted Revolut’s ability to launch new products across the EEA unless it fixes approval-process “deficiencies.” Pay Transparency Deadline Pressure: Only three EU countries met the June 7 deadline for national pay transparency laws, leaving many still lagging.

Defense & Drones: Ukraine and Latvia signed a “Drone Deal” to co-develop and produce drones, missiles, and electronic warfare, while Zelensky also said Ukraine is ready to share drone-countering know-how with Nordic and Baltic partners amid incidents of drones straying into the region. NATO Deterrence: A U.S. National Guard Bureau chief visited Vilnius as the State Partnership Program deepens Baltic readiness and deterrence ties. Energy Transition: Klaipėda Port opened Lithuania’s first green hydrogen production and refuelling facility, aiming to serve vehicles, heavy transport, ships, and port operations. Fintech Regulation: The ECB reportedly restricted Revolut’s ability to launch new EEA products and ordered reviews of risk and compliance processes. AI in Warfare: U.S. soldiers tested Helsing’s HX-2 AI strike drone in Lithuania, reporting 15 kills in a NATO Eastern Flank exercise. Solar & Storage Industry: JA will showcase utility-scale battery systems and next-gen TOPCon PV modules at Intersolar 2026, including grid-scale and commercial battery offerings. Telecom & Space: Lithuania’s RRT agreed to join the EU’s IRIS2 satellite initiative to support secure connectivity and cybersecurity. Mobility & Borders: WTTC warned Europe’s Entry/Exit System could cut Schengen tourism by up to 41 million arrivals due to long delays. Tech Business: Vinted’s CEO said the Lithuanian secondhand marketplace sees major opportunity in the U.S., but expansion may take years.

Nordic-Baltic Security Summit: Ukrainian President Volodymyr Zelensky met Nordic and Baltic leaders in Tallinn as drone incidents strain the region, with talks focused on cheaper ways to counter drones and reduce the cost of fighter-jet interceptions. Drone Deals: Zelensky also signed a Drone Deal with Latvia and a defense cooperation declaration with Estonia, aiming at joint development and production of drones, missiles, electronic warfare, and air-defense cooperation. Lithuania Telecom & Space: Lithuania’s telecoms watchdog RRT agreed to join the EU’s IRIS2 satellite initiative, targeting safer, more reliable satellite connectivity and stronger cybersecurity. Autonomous Tech Regulation: Denmark approved Tesla’s Full Self-Driving Supervised for use on public roads, joining Lithuania and Estonia in national recognition of the Dutch certification. Clean Energy in Klaipėda: Klaipeda Port opened Lithuania’s first green hydrogen production and refuelling facility for vehicles, heavy transport, ships, and port operations. Baltic Fintech & Investing: Investor Pulse 2026 launches across Latvia, Lithuania, and Estonia to track retail investor habits and sentiment. EU Border Tech Impact: WTTC warns Europe’s Entry/Exit System (EES) could cut Schengen arrivals by up to one-third due to long delays.

Lithuanian telecoms: The RRT regulator says it has agreed to join the EU’s IRIS2 satellite communications initiative, aiming for safer, more reliable connectivity and stronger cybersecurity across the bloc. Green energy: Klaipeda Port opened Lithuania’s first green hydrogen production and refuelling facility, targeting passenger cars, heavy transport, ships and port operations with about 127 tonnes per year at full capacity. Defense tech: Zelensky met Nordic-Baltic leaders in Estonia as drone incidents keep escalating; Estonia and Ukraine discussed cheaper ways to counter drones, with Ukraine offering its expertise and training. Regional drone cooperation: Latvia and Ukraine signed a Drone Deal covering joint production, defense supplies, financing, and exchange of drone and integrated air-defense know-how. Border security tech: Moldova, Ukraine, Romania, Lithuania and Latvia discussed Eastern Europe border risks in Ungheni, stressing modern tech, rapid data exchange and interoperable systems alongside trained staff. EU travel friction: The WTTC warns Europe’s Entry/Exit System could cut Schengen arrivals by a third—up to 41 million trips—if delays persist. Digital payments: A piece on Trustly argues instant account-to-account payments are becoming a core economic pillar in the Baltics and beyond. Higher education under pressure: Vilnius-based EHU expanded support for students and staff after being designated an “extremist formation” by Belarus. Business/tech: Vinted’s CEO told London Tech Week the $9B secondhand marketplace sees “enormous opportunity” in the US, but warns growth may take years.

Space & Industry: ESA, with Czech backing, signed with Vast to send Czech astronaut Aleš Svoboda to the ISS, pending approval—another step for European space capability. Baltic Security: A French Rafale shot down a drone that entered Latvian airspace during NATO Baltic Air Policing from Šiauliai in Lithuania, highlighting how the drone war keeps spilling across borders. Hybrid Warfare Explained: Reporting says Russia is diverting Ukrainian drones into the Baltic via GPS jamming and spoofing, aiming to disrupt support and create airspace chaos. EU Policy for Lithuania: The European Commission approved Lithuania’s €884m Social Climate Plan to cut energy costs for vulnerable households, expand social housing, and support EVs, charging, and bike lanes. AI Readiness in CEE: The CEE AI Index 2026 ranks Estonia highest for AI ecosystem maturity, with Lithuania noted for open data governance and demand for AI talent. Fintech Security (Lithuania): BCCS Cluster ran “Code Red” crisis simulation workshops for fintech teams to practice decision-making during cyber incidents. Energy Resilience: Amber Grid held a hybrid-threat tabletop drill at a gas compressor station, testing response to drone reconnaissance, breaches, and tech failures. Connected Toys Compliance: An EU check found 60% of remote-controlled toys failed interference rules, triggering bans and warnings across multiple countries including Lithuania.

Baltic Air Policing Escalation: French Rafales based in Šiauliai, Lithuania, shot down a drone that entered Latvian airspace, underscoring how the Ukraine drone war is spilling into NATO’s eastern flank. Hybrid Threats at Home: Lithuania’s Amber Grid ran a tabletop drill at a gas compressor station, simulating drone reconnaissance, a physical breach, and a tech failure to test emergency response and coordination. Space for Lithuania’s Region: ESA, for the Czech Republic, signed with Vast for a private astronaut mission to the ISS, with a Czech reserve astronaut set to fly pending review. Counter-Drone Tech Push: A new “Mark I” close-range counter-drone missile program is moving toward higher-rate production via a long-term deal with Poland’s PGZ. Identity & Digital Trust: iDenfy added Smart-ID to its verification platform, letting businesses onboard customers across Lithuania, Latvia, and Estonia using mobile e-IDs. Food Safety Watch: An EU-linked salmonella outbreak tied to instant noodles has sickened 80+ people, with cases reported in Lithuania among other countries. Autonomous Driving Rules: Lithuania is recognizing an EU type-approval for Tesla’s FSD system from the Netherlands, while stressing it’s advanced driver assistance, not full autonomy. Tech Policy & Compliance: Lithuania’s BCCS Cluster ran “Code Red” fintech cybersecurity crisis simulations for founders and teams. EU Consumer Tech Safety: An EU-funded check found 60% of remote-controlled toys failed interference rules, with samples including from Lithuania. Health Regulation: WHO-backed calls to restrict sweet vape flavours gained support, with Lithuania cited among countries already moving to limit them.

Lithuanian Energy Security: Amber Grid ran a hybrid-threat tabletop drill at the Panevėžys Gas Compressor Station, simulating hostile drone reconnaissance, an unauthorised breach, and tech failures causing fire and gas leak hazards—then stress-testing response times, site security, and coordination with police, anti-terror units, armed forces, fire services, municipalities, and grid and private security partners. AI Venture & Lithuania Link: Fikra Ventures said Mohamed Nabil joined Prism56 as co-founder and CTO, while Moatassem Abdelhaleem became Prism56’s first entrepreneur in residence—adding technical leadership and a Lithuania-based execution node for AI-native investment and company creation. Baltic Defense Tech: Frankenburg Technologies’ Mark I counter-drone missile moved closer to scale after a long-term development and production agreement with Poland’s PGZ, targeting initial output of 100 missiles per day and 10,000 annually. EU Pay Transparency: A new EU-wide pay transparency push is at risk of missing deadlines, with Lithuania listed among the few countries that have already enacted national rules. Pan-Baltic Finance: The EBRD signed an MoU with Estonia, Latvia, and Lithuania to deepen a unified pan-Baltic capital market, aiming for greater integration and stronger global index classification prospects. Solar Manufacturing Watch: German firm Sunmaxx highlighted its mass-production push for photovoltaic-thermal (PVT) modules, positioning PVT as a scalable heating-and-decarbonisation solution.

Lithuanian Politics: The ruling LSDP voted on June 6 to kick the populist Nemunas Dawn out of the governing coalition and start talks with “For Lithuania,” setting up cabinet shake-ups. Pan-Baltic Finance: The EBRD signed an MoU with Estonia, Latvia and Lithuania to deepen a unified capital market, aiming for MSCI Emerging Market status and more integrated equity and debt funding. EU Economic Policy: The European Commission adopted the 2026 European Semester Spring Package, pushing EU resilience via competitiveness, innovation, decarbonisation, housing fixes and social cohesion. Lithuanian Cybersecurity for Energy: Lithuania’s grid operators can now disconnect solar plants that don’t meet new cybersecurity rules, tightening controls on remote access and incident reporting. EU–India Tech: The first EU-India Tech Business Forum in New Delhi focused on AI, semiconductors, cybersecurity, data governance and digital trade under the EU–India Trade and Technology Council. Defense & Drones: NATO allies are dealing with more hybrid-warfare spillover as drones and sabotage incidents test air defenses across the region. Research & Biotech (Lithuania): Northway Biotech invested €61m in a Vilnius cell therapy manufacturing center, boosting local biotech capacity.

Baltic Security & Hybrid Threats: A Financial Times report says Russia and Iran are recruiting teenagers online for espionage and sabotage, including a Rotterdam case where a 17-year-old allegedly used a “sniffer” device to target law-enforcement networks—showing how hybrid warfare is shifting toward minors. Ukraine–Russia Tech in the Spotlight: CNN describes how Ukrainian long-range drone strikes are hitting Russian cities directly, while residents report surveillance pressure and service disruptions. EU–China Espionage: A new look at Chinese intelligence activity across the EU highlights a broader, more professional push targeting universities, tech innovation, critical infrastructure, and political networks. Lithuania Cybersecurity for Energy: Lithuania’s grid operators can now disconnect solar plants that don’t meet new cybersecurity rules, tightening controls on remote access and requiring compliance audits. Defense Tech in the Baltics: NATO Baltic Air Policing saw French Rafales visually intercept a Russian Su-35 formation over the Baltic Sea. Health & Data Governance: Vilnius University research links burnout risk in food manufacturing to memory and focus problems that can undermine food safety quality work. EV Infrastructure: The European Investment Bank backs Ireland’s nationwide public EV charging rollout with advisory tools for faster, fairer deployment.