Creotech Instruments (WSE: CRI)

Currency in PLN

Last close As at 26/05/2023

PLN196.00

1.00 (0.51%)

Market capitalisation

PLN389m

Creotech Instruments, based near Warsaw, Poland, is a leading manufacturer of satellite systems, components, and advanced electronics for quantum computer control systems, and other applications.

Latest Insights

Sector

Industrials

Equity Analyst

Andy Chambers

Andy Chambers

Director, Industrials

Key Management

  • Grzegorz Brona

    CEO

  • Jacek Kosiec

    VP Management Board

  • Maciej Kielek

    VP Management Board, Finance

Share Price Performance

Price Performance
% 1M 3M 12M
Actual 29.0 28.1 45.2
Relative 25.6 19.3 34.4
52 week high/low 196.0gr/107.2gr

Financials

Creotech Instruments is Poland’s leading space tech company, founded in 2012 by alumni of CERN, the European Organization for Nuclear Research. In July 2022, the company’s shares transferred to the main market of the Warsaw Stock Exchange’s following a PLN40m (gross) capital raise. With significant flight heritage, it is developing proprietary microsatellite subsystems and platforms for commercial sales from 2023. Creotech is one of only a few companies worldwide that is developing controls for quantum computers and quantum telecommunications. It is also active in earth observation, processing satellite and unmanned aerial vehicle (UAV) data. A key catalyst should be the planned launch of its low Earth orbit (LEO)-microsatellite platform, HyperSat, late in 2023 or early 2024.

Thematics

Industrials

Quantum computing: A booming industry

Industrials

UK housebuilders

Concept of energy storage unit consisting of multiple conected containers with batteries. 3d rednering.

Industrials

Battery energy storage

Consumer

IPO apocalypse

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