Liftero, a Polish developer of propulsion technologies for space missions, will debut on the NewConnect market on 30 June 2026. The company’s Information Document is available in the investor relations section of its website.
In May, Liftero successfully completed a public offering of Series C shares, raising PLN 17.5 million gross to support further development and commercialisation of its proprietary BOOSTER propulsion system. PZU TFI, a major Polish institutional investor, has exceeded the 5% threshold in the company’s share capital.
The public offering attracted very strong investor interest. Demand in the Open Tranche was around 20 times higher than the number of shares offered, resulting in an approximately 95% reduction in subscriptions. Professional investment funds joined Liftero’s shareholder base, strengthening the company’s long-term ownership structure before its stock market debut.
Following its listing, Liftero will become the only representative of the space sector listed on NewConnect and the only publicly traded pure-play space propulsion company in Europe.
“The debut of Liftero on NewConnect on 30 June 2026 is an important milestone for the company and confirms the efficient execution of our journey to the public market. The stock market listing opens a new chapter in Liftero’s history, but above all, we see it as a tool for further business development and strengthening our position in the global space technology market,” said Tomasz Palacz, Chief Executive Officer of Liftero.
“I would once again like to thank all investors who participated in the public offering and placed their trust in Liftero at this stage of the company’s development. From the outset, we wanted to build a shareholder base that would support us through the next stages of growth on the public market. We see PZU TFI exceeding the 5% threshold in the company’s share capital as an important confirmation of the quality of our business model, our technology and its commercialisation potential. It provides us with a strong foundation ahead of the start of trading on NewConnect,” Palacz added.
PLN 17.5 million raised in Series C offering
The NewConnect debut marks the next stage of Liftero’s development following the successful completion of its Series C public offering. The company issued 500,000 new shares at PLN 35.00 per share, raising a total of PLN 17.5 million gross.
The offering was met with very strong demand. Investor interest significantly exceeded the number of shares available, while the subscription reduction rate in the Open Tranche reached 95%, indicating that demand in this tranche was approximately 20 times higher than the number of shares offered.
The funds raised will be used primarily to scale operations and accelerate the commercialisation of BOOSTER, Liftero’s proprietary chemical propulsion system for satellites. BOOSTER uses non-toxic propellants and has already been validated in space conditions.
The company’s key objectives include increasing production capacity, expanding its technology and testing facilities, strengthening sales activities and preparing the organisation to deliver a larger number of contracts in international markets.
From technology development to broad commercialisation
Liftero is currently transitioning from the technology development phase to broader commercialisation. The company is expanding sales in Europe, the United States and Asia, while the value of its commercial pipeline stands at approximately EUR 105 million.
In the first quarter of 2026, Liftero signed the largest contract in its history: an agreement with Indian company OrbitAID to supply two BOOSTER propulsion systems for use in the in-orbit servicing segment.
The company expects growing demand for satellite propulsion systems to support further sales growth and a gradual expansion of its operating scale.
“We are entering a stage where not only the continued development of technology matters, but above all its effective deployment with customers and preparing the organisation for a larger scale of operations. We see the growing commercial pipeline as a signal that demand for flexible and rapidly available propulsion systems is high today and exceeds our current production capacity,” said Przemysław Drożdż, Chief Operating Officer of Liftero.
“That is why we are focusing on expanding those capabilities, as well as developing further BOOSTER variants. In this way, we are preparing the organisation to serve a larger number of contracts in the coming years,” he added.
The only pure-play space propulsion company listed in Europe
After trading begins on 30 June 2026, Liftero will be the only company from the space sector listed on the Warsaw Stock Exchange’s junior market. It will also become the third space-tech company present on the Polish capital market, alongside Creotech Instruments and Scanway, which are listed on the WSE’s regulated market.
At the same time, Liftero will be the only publicly traded pure-play space propulsion company in Europe, with satellite propulsion systems as its core business.
The Management Board emphasises that NewConnect is intended to be a stage supporting the further scaling of the company and its organisation. The long-term objective remains a transfer to the Main Market of the Warsaw Stock Exchange.
Shareholding structure after registration of new shares
Following the registration of all Series B1, B2, B3 and D shares, Liftero’s shareholder structure will be as follows:
| Shareholder | Number of shares | Share capital stake | Number of votes | Share of total votes |
|---|---|---|---|---|
| Tomasz Palacz* | 923,906 | 24.6% | 923,906 | 24.6% |
| Przemysław Drożdż* | 530,091 | 14.1% | 530,091 | 14.1% |
| Sunfish Poland | 347,980 | 9.3% | 347,980 | 9.3% |
| PZU TFI | 188,000 | 5.0% | 188,000 | 5.0% |
| Other shareholders | 1,762,884 | 47.0% | 1,762,884 | 47.0% |
| Total | 3,752,861 | 100.0% | 3,752,861 | 100.0% |
* Directly and indirectly through a family foundation.
