Creotech Instruments Raises Over 481 Million PLN in Share Sale

Creotech Instruments has successfully completed an accelerated book-building process, selling shares that represent approximately 19% of the company's share capital. The transaction generated a total of 481 million Polish zloty, equivalent to about 113.5 million euros. This capital infusion is expected to significantly enhance Creotech's capacity to engage in major European space initiatives.

Grzegorz Brona, CEO of Creotech Instruments, commented on the successful offering, noting the strong interest from both domestic and international investors. He stated that the process achieved one of the company's strategic objectives: increasing the proportion of international funds within its shareholder base. Brona highlighted that the high level of oversubscription and the achieved issue price reflect market confidence in Creotech's long-term development strategy and potential.

The newly acquired funds are earmarked for several key areas. A significant portion, estimated at 40-60%, will be allocated to developing production infrastructure and expanding manufacturing capabilities. Another 20-30% will finance research and development activities, particularly focusing on new satellite technologies and platforms. The remaining 20-30% will be used for potential acquisitions, strategic partnerships, international expansion, and supporting ongoing business operations, thereby accelerating the company's growth.

These financial resources are crucial for implementing Creotech's development strategy for the years 2026-2029, which was announced in May. The company aims to leverage these funds to strengthen its position in critical European space programs, such as IRIS² and various missions undertaken by the European Space Agency (ESA). This strategic financial move positions Creotech for significant international growth and technological advancement in the space sector.

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We have successfully completed the accelerated book-building process, which met with great interest from investors, including foreign investors. This allowed us to achieve one of the company's strategic goals, which is to increase the share of international funds in the shareholder structure. The high level of oversubscription and the issue price achieved reflect market confidence in the company's long-term development strategy and its development potential.