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 April
Creotech Quantum focuses on quantum key distribution (QKD), a key area for secure communications
It aims to generate 100 million zlotys in revenue between 2026 and 2028 from the commercialisation of its QKD systems and single-photon detectors
Creotech 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)