21-05-2026

The LORTEK General Assembly reports record revenues of €8.2 million and strengthens its industrial consolidation.

LORTEK held its 2025 General Assembly on May 14, where it presented to its members the results of the financial year and the evolution of the centre during a key year of consolidation and transformation. In this context, the cooperative technology centre specialising in smart and digital manufacturing reported record revenues of €8.2 million, a milestone that reflects the consolidation of its activity, the strengthening of its technological capabilities, and its growing ability to generate value in collaboration with industry.

The financial year was also marked by the consolidation of the general management following the leadership transition that took place on 31 October 2024, as well as by the evolution towards an organisational structure more closely aligned with the centre’s strategic challenges and market orientation.

Collaboration with the industrial sector once again remained at the core of the centre’s activity. Joint R&D projects carried out with companies accounted for 47.05% of the total activity, reinforcing LORTEK’s role as a direct technology transfer agent for industry.

Among the key milestones of the 2025 financial year was the creation of SIAWELD, a new startup launched from within the centre and focused on the advanced digitalisation of welding processes, according to Pedro Álvarez, General Manager of LORTEK. This initiative integrates proprietary technological developments in digital inspection based on artificial intelligence, data analytics, digital platforms, and advanced sensing technologies, enabling digital traceability, real-time automated quality control, and significant improvements in industrial efficiency and inspection costs.

The Assembly also highlighted the centre’s growing regional presence with the opening of its first office in Bilbao, located at Auzo Factory Irazabal-Matiko. This new facility strengthens connections with companies, universities, and other players in the innovation ecosystem, while also supporting the attraction of new technological talent.

Looking ahead, the Assembly was also used to present the main strategic guidelines that will shape the centre’s development in the coming years. LORTEK’s new 2026–2029 strategic framework will guide the organisation’s next phase towards a stronger position in priority industrial sectors and a greater market orientation. The new strategic plan aims to reinforce the key drivers that will enable LORTEK to remain a benchmark technology centre in the years ahead and to rapidly and efficiently generate innovative solutions through the adoption of disruptive technologies capable of transforming the industrial fabric and enhancing its competitiveness.

To this end, the new cycle reinforces the commitment to an applied innovation model closely linked to the real needs of the productive sector and includes the implementation of a new organisational structure based on business units aligned with strategic sectors such as sustainable mobility, energy, metallurgy, aerospace, industrialised construction, and dual-use applications, as highlighted by the organisation’s chairman, Javier Amezaga.

With this overview, LORTEK’s General Assembly underscored a year of growth, consolidation, and transformation, while reaffirming its commitment to knowledge generation, industrial competitiveness, and the development of a relationship-based and cooperative management model firmly aligned with its values.