VIRATEC is the spin-off company of Ventspils International Radio Astronomy Center (VIRAC) of Ventspils University of Applied Sciences, the purpose of which is to commercialize and promote VIRAC's scientific developments on the market, including the Irbene infrastructure. 

VIRATEC's main ambition is to establish the Ground Segment industry in Latvia and to become a part of the European Space Industry with Ground Segment services based on adaptation and sharing of infrastructure model providing maximum benefit on European and Global scale for both Space Missions and Fundamental Research in Radio Astronomy