April 1 – June 30, 2026
The second quarter of 2026 marked a period of strengthening international relationships and validating new markets for Primostar. We continued our preparations for entering the U.S. market, expanded our collaboration with the Columbia University ClimateTech Expertise Network (CEN) program, and initiated cooperation with the University of Miami's research and engineering community to support the validation of our technology within the U.S. market.
Throughout the quarter, we increased our international visibility through various meetings, conferences, and networking events, including participation in the Choose NYC Summit. At the same time, we continued our active operations across the Baltic States while further developing the Swedish market.
Knowledge sharing remained an important part of our activities. In May, Primostar organized the seminar "Waterproofing and Protection of Concrete Structures in Aggressive Environments," which attracted more than 400 registered participants, while nearly 300 industry professionals followed the event online.
Alongside market expansion, we continued to develop our products, strengthened international protection of our intellectual property, and explored opportunities for cooperation related to Ukraine's reconstruction.
Our next phase will focus on converting international business relationships into concrete projects, with particular emphasis on launching our first pilot project in the United States.
Market Validation and International Visibility
During Q2, Primostar participated in several major international events:
- Seatrade Cruise Global (Miami)
- Nordbygg Exhibition (Sweden)
- Ukraine Recovery Conference 2026
- Estonia–Ukraine Energy Cooperation Forum
- U.S. - Ukraine Business Council "3D Recovery: Partnership, EU Integration and Human Capital"
International Visitors
During the quarter, we had the pleasure of hosting several distinguished international guests, including:
- Jaak Treiman, Honorary Consul of Estonia in Los Angeles.
- Tommy Luckadoo, Honorary Consul of Estonia in North Carolina, and his wife.
- Greg Gangi and an international delegation from the University of North Carolina at Chapel Hill (UNC Chapel Hill).
Operational Activities
- Pärnu Spa "Part"
- Talsinki
- Papli 8, Pärnu
- Rail Baltica Soodevahe
- Taevaveere Residents, Katusepapi 17
- Riga Waterfront, Eksporta iela 11A, Rīga
Seminar: "Waterproofing and Protection of Concrete Structures in Aggressive Environments"
Primostar organized the seminar "Waterproofing and Protection of Concrete Structures in Aggressive Environments" in cooperation with Ehituskeskus. The event attracted more than 400 registered participants, while approximately 300 viewers followed the live online broadcast.
Product Development and Rebranding
-
We launched the Primostar® Crack Control System in roll format, reducing the number of overlaps, enabling faster installation, and ensuring controlled cracking.
- Primostar Tootmine OÜ completed Bureau Veritas certification, confirming that our manufacturing operations comply with the internationally recognized ISO 9001:2015 and ISO 14001:2015 standards. Read more here
-
We invested in a new production line that significantly increases our manufacturing capacity and enables substantially faster production of Primostar profiles.
-
The WPM® product brand was rebranded as Primostar®.
-
WPM® Crack Inducing Waterstop has been renamed Primostar® Crack Control System.
-
Our White Tank waterproofing solution has been renamed Primostar® Integral Waterproofing System.
Focus for the Next Quarter
- Secure the first pilot projects in the United States.
- The CEO's visit to Miami, including a meeting with James Kohnstamm, Director of Economic Development for Miami-Dade County, to accelerate Primostar's expansion into the U.S. market.
- Hold additional meetings with real estate, construction, and property development companies in the Miami region to expand Primostar's business network and identify new commercial opportunities.
- Present Primostar technologies at Kobi Karp Architecture & Interior Design to approximately 50 architects together with our Estonian partners Standard and Plaat Detail.
- Convert business relationships established in the United States and Sweden into concrete projects.
- Continue sales growth in the Lithuanian market.
- Strengthen research and development activities and further validate new technologies.
- Expand the international sales pipeline and convert existing business contacts into customer orders.
In the opinion of the Management Board, the Company has established a strong foundation for international growth. The primary objective for the next quarter is to convert the international relationships built over recent months into concrete projects and accelerate the adoption of Primostar technologies across both Europe and the United States. The planned meetings in Miami and Sweden represent important milestones in executing the Company's international growth strategy.