Creotech Instruments SA GPW:CRI:
SIGNS CONTRACT WITH EUROPEAN SPACE AGENCY FOR TELESCOPE PROJECT
CONTRACT VALUE 1.6 MILLION EUR, ESA COVERS 1.28 MILLION EUR
AIM OF PROJECT IS TO DEVELOP PROTOTYPE ENABLING VERIFICATION OF ASSUMPTIONS AND ARCHITECTURE OF UNIVERSAL REMOTE GROUND-BASED OBSERVATORY SEARCHING FOR NEAR-EARTH OBJECTS
COMPANY IS MAIN CONTRACTOR, AND ITS ROLE IS TO SUPPLY SCMOS ASTRONOMICAL CAMERAS ALONG WITH ADDITIONAL ACCESSORIES AND TO MANAGE IMPLEMENTATION OF PROJECT
VALUE OF WORK ON COMPANY'S SIDE AMOUNTS TO EUR 502,778.00, 73.6% OF WHICH IS FINANCED BY ESA