Poland's Creotech Quantum debuts on Warsaw bourse, shares halted

About this update from Creotech Quantum S.a

Shares of Creotech Quantum GPW:CRQ, a Polish quantum technology firm spun off from space company Creotech Instruments GPW:CRI, were halted on their expected Warsaw Stock Exchange debut on Friday.At 0728 GMT, the theoretical opening price stood at 230 zlotys ($64) per share, but trading was kept on hold because the market was unable to determine a definitive opening price.The listing follows the quantum unit's formal separation from Creotech Instruments earlier in AprilCreotech Quantum focuses on quantum key distribution (QKD), a key area for secure communicationsIt aims to generate 100 million zlotys in revenue between 2026 and 2028 from the commercialisation of its QKD systems and single-photon detectorsCreotech Instruments will focus on its role as a space mission integrator and satellite technology provider for the growing European space sector($1 = 3.5964 zlotys)

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