Brief: Creotech Instruments Completes Talks With ESA On EUR 0.8 Mln Project

Creotech Instruments SA

15/02/2023 06:36

Feb 15 (Reuters) - Creotech Instruments SA  CRI1.WA :
    * SAID ON TUESDAY IT HAD SUCCESSFULLY ENDED TALKS WITH
EUROPEAN
SPACE AGENCY (ESA) ON CONTRACT'S CONDITIONS FOR PROJECT "QUANTUM
KEY DISTRIBUTION HIGH RATE DETECTOR PREDEVELOPMENT"
    * THE PROJECT IS CONDUCTED IN CONSORTIUM WITH GERMAN-BASED
PARTNER
WHO ACTS AS A CONSORTIUM LEADER
    * THE VALUE OF THE NEGOTIATED CONTRACT AMOUNTS TO EUR 0.8
MILLION,
OUT OF WHICH EUR 0.4 MILLION IS ATTRIBUTABLE TO THE COMPANY
    * THE SIGNING OF SAID CONTRACTS IS PLANNED FOR MARCH

        
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