Vienna/Riga, May 21, 2026 – LMT IoT and Infineon Technologies AG announced a new cooperation aimed at helping startups and product companies develop, deploy, and scale connected edge AI products more efficiently.
The cooperation was marked at an event hosted in Vienna at the Embassy of the Republic of Latvia, bringing together representatives from LMT IoT, Infineon, the Investment and Development Agency of Latvia, and members of the Latvian and European startup ecosystem.
At the center of the new cooperation between the two European tech companies sits the combination of Infineon’s edge AI technologies, including Deepcraft™ software solutions, with the IoT Shortcut connectivity platform from LMT IoT. The goal is to give developers a clearer path from working AI models to deployable, connected products in the field.
Deepcraft™ helps developers move from sensor data to efficient Edge AI models running on microcontrollers, while IoT Shortcut is designed to simplify cellular IoT deployment by addressing connectivity, device onboarding, data transmission, remote management, and field operation requirements. Together, the technologies can support developers building battery-powered connected products that process data locally and transmit only the most relevant events or insights to the cloud.
“The next wave of IoT products will not simply collect and transmit more data – they will understand what happens and act intelligently at the edge. That creates enormous potential across industries, but only if teams can move quickly and scale easily. Our cooperation with Infineon enables exactly that – giving companies a faster, simpler path from edge AI prototypes to connected products deployed in the real world.” – Reinis Skorovs, Head of LMT IoT.
The cooperation marks an evolution for companies developing products in industrial monitoring, predictive maintenance, environmental sensing, smart agriculture, asset tracking, smart building systems, and other use cases where edge processing and low-power cellular connectivity can reduce complexity, improve battery performance, and support real-world deployment.
For example, a connected industrial device could use edge AI to detect anomalies locally and send data only when an issue is detected. Environmental or agricultural sensors could process field signals on the device and transmit only relevant events. In marine, logistics, or asset-tracking applications, connected devices could combine local intelligence with cellular connectivity to support long-duration operation in remote environments.
“At Infineon, we believe that the power of our edge AI microcontrollers is only fully realized when paired with seamless, reliable connectivity. This partnership directly addresses the critical ‘last mile’ of product development: ensuring that the intelligent decisions made by our chips can instantly and efficiently reach the cloud. By integrating our Deepcraft™ software with LMT IoT’s proven cellular platform, we are giving developers a turnkey solution that combines our semiconductor expertise with their connectivity mastery by removing the technical friction,” says Andreas Mühlberger, Strategic Partner Manager at Infineon Austria.
The partnership has already kicked off with a joint mentorship program for teams building connected products that combine edge AI with low-power cellular connectivity. The program will give startups and product companies access to hardware, LMT IoT engineering expertise, structured technical sessions, and support in moving from concept or prototype toward a working connected pilot. The current intake is open until July 31, 2026.
The partnership and initiative have also been recognized as a meaningful step in Latvia-Austria technology cooperation and a practical contribution to Europe’s startup and innovation ecosystem.
“This cooperation strengthens Lavia-Austria collaboration in high-value technology and serves as a strong example of how Latvia’s technology ecosystem helps power global innovation. By creating opportunities for startups, engineers, and industry partners to solve real-world challenges, LMT IoT and Infineon are laying the foundation for tomorrow’s connected products and services.” – Inga Ulmane, Head of the Representative Office in Austria, Investment and Development Agency of Latvia
The event at the Embassy of the Republic of Latvia included presentations from LMT IoT and Infineon, a discussion of the joint cooperation and mentorship opportunity, and participation from Latvian startups, investors, ecosystem representatives, and industry partners.
