16:34 2 June 2025
Creotech with record revenue in Q1
In Q1 2025, Creotech Instruments S.A., a Warsaw Stock Exchange-listed satellite and space tech company, reported its first-ever profit and positive EBITDA, marking its transition past break-even. Revenue surged to PLN 22.3 million—nearly four times higher than the previous year—driven largely by the PLN 556.7 million “Mikroglob” satellite contract with Poland’s defense agency.
The company also signed a €52 million agreement with the European Space Agency (ESA) for the CAMILA project and advanced other key initiatives like PIAST and HyperSat. Creotech is expanding into quantum technologies and drone-based applications through new spin-offs. With growing global partnerships and strong domestic capabilities, the firm is positioning itself as a leader in European space and quantum innovation.
