History:Founded: 1964
*In 1978 withdrew during the season Lietkabelis Panevezys (1964-1994), Panevezys Techasas (1994-)
League achievements:
Lithuanian League Finalist -2017, 22Lithuanian League Semifinals -2018, 19, 21, 23, 24, 25 Lithuanian Cup Semifinals -2020, 23, 25, 26 Lithuanian Cup Finalist -2017, 21, 22, 24
European cups:
1999-2000: Korac Cup2004-2005: Baltic League (D2): 3rd 2005-2006: Baltic League (D1): 11th 2006-2007:  Baltic League: in Stage One took 6th place (3-9) in Group B, in Stage Two took 5th place (6-8) in Group 22007-2008: Baltic League: took 4th place (12-8) in Challenge Cup Group2008-2009: Baltic League (Challenge Cup): took 7th place (4-10) in Group A 2010-2011:  Baltic League (Challenge Cup): 3rd (4-4) in Group B in 1st Stage, 3rd(6-4) in 2nd Stage, lost to Aisciai in the Semifinals2011-2012: Baltic League (Challenge Cup): took 1st place (10-2) in Group B, beat Tarvas  89-74, 71-82 in the Finals (!!!)2012-2013: Baltic League: took 2nd place (8-2) in Group B of the First Stage, took 4th (last) place (1-5) in Group E of the Second Stage2013-2014: Baltic League: took 5th place (4-8) in Group B, lost to Ventspils 67-66, 55-84 in the 1/8 Finals2014-2015: Baltic League: took 2nd place (9-3) in Group B, lost to Siauliai 0-2 in the Quarterfinals2015-2016: Baltic League: took 1st place (10-2) in Group A, lost to Siauliai 0-2 in the Semifinals, beat Valmiera 86-64 and 74-90 in 3rd Place games2016-2017:  7DAYS EuroCup: took 4th place () in Group A of Stage One, took 3rd place (2-4) in Group F of Second Stage2017-2018: 7DAYS EuroCup: took 5th place (4-6) in Group B of Stage One2018-2019:  Basketball Champions League: took 5th place (5-9) in Group C2019-2020: Basketball Champions League: took 4th place (7-7) in Group A, lost to Zaragoza 0-2 in the 1/8 Finals2020-2021: 7DAYS EuroCup: took 5th place (2-8) in Group C of Stage One2021-2022: 7DAYS EuroCup: took 5th place (9-7) in Group A, lost to Virtus Bologna 67-75 in the 1/8 Finals2022-2023: 7DAYS EuroCup: took 4th place (10-8) in Group A, lost to Paris Basketball 97-98 in the 1/8 Finals2023-2024: BKT EuroCup: took 8th place (7-11) in Group B
European achievements:
Baltic League Challenge Cup Champion -2005, 12Baltic League Challenge Cup Semifinals -2008, 11 Baltic League Quarterfinals -2015 Baltic League Semifinals -2016 |
| Since 2016 |
 2007-2016 |
 Until 2007 |
League positions:
| Season | Tier | Division | W-L | Position + PlayOff | Cup | European competitions |
|---|---|---|---|---|---|---|
| 1963-64 | 1 | Lithuanian SSR | 8-3 | 5th | ||
| 1964-65 | 1 | Lithuanian SSR | 6-8 | 5th | ||
| 1966 | 1 | Lithuanian SSR | 2-5 | 6th | ||
| 1968 | 1 | Lithuanian SSR | 3-4 | 5th | ||
| 1969 | 1 | Lithuanian SSR | 2-5 | 6th | ||
| 1970 | 1 | Lithuanian SSR | 1-6 | 7th | ||
| 1971 | 1 | Lithuanian SSR | 1-6 | 7th | ||
| 1971-72 | 1 | Lithuanian SSR | ||||
| 1972-74 | 1 | Lithuanian SSR | 6th | |||
| 1974-75 | 1 | Lithuanian SSR | 6th | |||
| 1975-76 | 1 | Lithuanian SSR | 5th | |||
| 1976-78 | 1 | Lithuanian SSR | 6th | |||
| 1978-79 | 1 | Lithuanian SSR | 7-8 | 9th | ||
| 1979-80 | 1 | Lithuanian SSR | 7th | |||
| 1981 | 1 | Lithuanian SSR | 4-7 | 8th | ||
| 1982 | 1 | Lithuanian SSR | 7-4 | 4th | ||
| 1983 | 1 | Lithuanian SSR | 8-3 | 3rd | ||
| 1983-84 | 1 | Lithuanian SSR | 3rd | |||
| 1984-85 | 1 | Lithuanian SSR | 13-3 | 1st  | ||
| 1985-86 | 1 | Lithuanian SSR | 12-4 | 7th | ||
| 1986-87 | 1 | Lithuanian SSR | 14-8 | 4th | ||
| 1987-88 | 1 | Lithuanian SSR | 18-4 | 2nd | ||
| 1988-89 | 1 | Lithuanian SSR | 5th | |||
| 1989-90 | 1 | Lithuanian SSR | 21-12 | 4th | ||
| 1990-91 | 1 | Lithuanian SSR | 3rd | |||
| 1991-92 | 1 | LBL | 9-5 | 2nd (Group B) | ||
| 1992-93 | 1 | LBL | 7th | |||
| 1993-94 | 1 | LKL | 8-28 | 9th | ||
| 1994-95 | 1 | LKL | 11-29 | 9th | ||
| 1995-96? | 1 | LKL | 3-33 | 10th | ||
| 1996-97 | 1 | LKL | 10-26 | 9th | ||
| 1997-98 | 1 | LKL | 5-23 | 10th | ||
| 1998-99? | 1 | LKL | 14-20 | 7th | ||
| 1999-00 | 1 | LKL | 14-18 | 6th | Korac Cup | |
| 2000-01? | 1 | LKL | 10-22 | 7th, lost in Quarterfinals 0-2 to Zalgiris | ||
| 2001-02? | 1 | LKL | 8-24 | 9th | ||
| 2002-03? | 1 | LKL | 7-29 | 9th | ||
| 2003-04 | 1 | LKL | 12-24 | 8th, lost in Quarterfinals 0-2 to L.rytas | ||
| 2004-05 | 1 | LKL | 6-16 | 8th, lost in Quarterfinals 0-2 to Zalgiris | Baltic League (D2): 3rd | |
| 2005-06 | 1 | LKL | 4-10 | 7th, lost in Quarterfinals 0-2 to Zalgiris | Baltic League (D1): 11th | |
| 2006-07? | 1 | LKL | 8-8 | 5th, beat Siauliai 2-1 in the Quarterfinals | ||
| 2007-08 | 1 | LKL | 5-13 | 9th | ||
| 2008-09 | 1 | LKL | 4-16 | 9th | Baltic League (Challenge Cup): took 7th place (4-10) in Group A | |
| 2009-10 | 1 | LKL | 11-13 | 5th, lost in Q-Finals 0-2 to Siauliai |  Baltic League: 14th (5-5) | |
| 2010-11? | 1 | LKL | 13-11 | 4th, lost in Q-Finals 0-2 to Prienai | Baltic League (Challenge Cup): 3rd (4-4) in Group B in 1st Stage, 3rd(6-4) in 2nd Stage, lost to Aisciai in the Semifinals | |
| 2011-12 | 1 | LKL | 5-17 | 11th | Baltic League (Challenge Cup): took 1st place (10-2) in Group B, beat Tarvas (EST) 89-74, 71-82 in the Finals (!!!) | |
| 2012-13 | 1 | LKL | 7-13 | 9th | Baltic-League: took 2nd place (8-2) in Group B of the First Stage, took 4th (last) place (1-5) in Group E of the Second Stage | |
| 2013-14 | 1 | LKL | 12-22 | 9th | Baltic-League: took 5th place (4-8) in Group B, lost to Ventspils 67-66, 55-84 in the 1/8 Finals | |
| 2014-15 | 1 | LKL | 11-29 | 8th, lost in Q-Finals 0-3 to Zalgiris | Baltic-League: took 2nd place (9-3) in Group B, lost to Siauliai 0-2 in the Quarterfinals | |
| 2015-16 | 1 | LKL | 15-21 | 7th, lost in Q-Finals 0-3 to L.rytas | Baltic-League: took 1st place (10-2) in Group A, lost to Siauliai 0-2 in the Semifinals, beat Valmiera 86-64 and 74-90 in 3rd Place games | |
| 2016-17 | 1 | LKL | 25-11 | 3rd  lost in Finals 67-73 to Zalgiris | Finalist |  Eurocup: 4th (Group A) (3-5) |
| 2017-18 | 1 | LKL | 20-16 | 4th, lost in Semis 0-3 to Zalgiris | Semifinals | Eurocup: 5th (Group B) (4-6) |
| 2018-19 | 1 | LKL | 23-13 | 4th, lost in Semis 0-2 to Zalgiris | Semifinals |  Basketball Champions League: 5th (Group C) (5-9) |
| 2019-20 | 1 | LKL | 16-8 | 3rd | Semifinals | Basketball Champions League: 4th (Group A) (7-7)  lost in 1/8 Finals 0-2 to Zaragoza |
| 2020-21 | 1 | LKL | 22-14 | 4th lost in Semis 0-3 to Rytas | Finalist | Eurocup: took 5th place (2-8) in Group C of Stage One |
| 2021-22 | 1 | LKL | 23-7 | 3rd lost in Final 1-4 to Rytas | Finalist | Eurocup: took 5th place (9-7) in Group A, lost to Virtus Bologna 67-75 in the 1/8 Finals |
| 2022-23 | 1 | LKL | 23-10 | 4th lost in Semis 1-3 to Zalgiris | Semifinals | Eurocup: 4th (Group A) (10-8) lost in 1/8 Finals 97-98 to Paris |
| 2023-24 | 1 | LKL | 16-14 | 5th, lost in Semis 0-3 to Zalgiris | Finalist |  Eurocup: 8th (Group B) (7-11) |
| 2024-25? | 1 | LKL | 20-16 | 3rd, lost in Semis 2-3 to Rytas | Semifinals | Eurocup: 9th (Group B) (5-13) |
| 2025-26 | 1 | Eurocup | Semifinals | Eurocup: 9th (Group B) (5-13) |
