Creotech stock news
Creotech Instruments S.A. (WSE:CRI) released its consolidated financial results for the first half of 2026 on August 26, 2026. The company reported a 35% year--on--year revenue increase, reaching PLN 48.5 million, primarily attributed to the successful execution of the EagleEye and PIAST satellite programs. However, the period concluded with a net loss of PLN 3.2 million, stemming from intensive R&D expenditures and the scaling of the HyperSat platform for serial production. Management highlighted that the company's cash reserves of PLN 55 million provide a stable foundation for the upcoming commercialization phase scheduled for late 2026.