Creotech Instruments Signs Contract With ESA For Telescope Project

About this update from Creotech Instruments Sa

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

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