Creotech sees interest in its satellities even before obtaining space heritage

Creotech Instruments is in talks with many potential customers of the HyperSat satellite platform and sees that there are recipients ready to cooperate even before obtaining the so-called space heritage (the first successful launch into orbit), informed CFO Maciej Kielek. The company wants to accelerate work on the platform.

“We are in talks with many potential customers, including two East Asian countries, regarding the construction of satellites. There are few companies comparable to us, there are almost no suppliers of microsatellite platforms, which is why we want to speed up the construction and build competitive advantages. There are also clients who want to enter into cooperation before obtaining 'space heritage', which is very positive for us,” said Kielek during the presentation at the GPW Innovation Day.

Creotech Instruments is the largest Polish company that produces and supplies space technologies as well as specialized electronics and apparatus to the global market, including for the needs of quantum computers, quantum cryptography or laboratories of quantum physics and high energy. The company debuted on the main market of the Warsaw Stock Exchange in July 2022, moving from the NewConnect market.

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