Creotech stock news
On October 19, 2026, Creotech Instruments S.A. (WSE: CRI) announced plans to expand its production capacity up to tenfold by 2029. According to CEO Grzegorz Brona in an interview with Reuters, the company intends to commission a manufacturing facility capable of delivering 40 satellites of varied specifications or up to 100 single--model spacecraft annually, up from its existing output of approximately 10 satellites per year. Brona highlighted that the company's projected revenue for 2027 is already secured by current commitments, with several additional contracts expected to be concluded within the next six months. Looking further ahead, Creotech aims to advance its engineering capabilities to build 500 kg class satellites by 2032 and participate in procurement tenders for European Union constellation programs.