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Investor Relations

ESPI Current Reports

Here you will find all the most important information about the Company.

All materials listed below are in the Polish language.

ESPI Current Report No. 5/2026 – Notification of a transaction by a person performing managerial duties received pursuant to Article 19 of MAR.

Current report no. ESPI 5/2026
Date of preparation: 22 January 2026

Abbreviated name of the issuer: SCANWAY S.A.

Subject: Notification of a transaction by a person discharging managerial responsibilities received pursuant to Article 19 of MAR.

Legal basis: Article 19(3) of the MAR Regulation, information on transactions carried out by persons discharging managerial responsibilities.

The Management Board of Scanway S.A. (the “Company”, “Scanway”) hereby announces that on 26 January 2026, the Company received a notification prepared pursuant to Article 19 of MAR from a person performing managerial duties (Member of the Supervisory Board), which the Company hereby submits as an attachment to this current report.

Jędrzej Kowalewski – President of the Management Board
Mikołaj Podgórski – Member of the Management Board

ESPI Current Report No. 3/2026 – Launch of cameras in telescopes from the PIAST satellite constellation

Current report no. ESPI 3/2026
Date of preparation: 15 January 2026

Abbreviated name of the issuer: SCANWAY S.A.

Subject: Activation of cameras in telescopes from the PIAST satellite constellation

Legal basis: Article 19(3) of the MAR Regulation, information on transactions carried out by persons discharging managerial responsibilities.

The Management Board of Scanway S.A. (“Scanway”, “Company”) announces the successful launch of the Company’s electronic camera systems integrated with telescopes prepared by the Company in the PIAST-S1 and PIAST-S2 satellites of the PIAST constellation, launched into space on 28 November 2025.

The activation of the cameras’ electronic systems confirms their readiness for further start-up and calibration work. At the same time, it has been confirmed that all key operating parameters, including nominal voltage and current values, as well as the temperature of the electronic systems, are within the specified limits. In addition, preliminary images have been taken, confirming the operation of the cameras and telescopes (optical instruments).

The PIAST (Polish ImAging SaTellites) programme is being implemented by a consortium of Polish entities involved in the space sector, led by the Military University of Technology. Scanway S.A. is responsible for supplying two complete optical instruments (telescopes and cameras) for PIAST-S1 and PIAST-S2, as well as a camera for PIAST-M. The other consortium members are: Creotech Instruments S.A., Łukasiewicz Research Network – Institute of Aviation, PCO S.A. and CBK PAN.

The project is co-financed by the National Centre for Research and Development as part of the SZAFIR programme.

Jędrzej Kowalewski – President of the Management Board
Mikołaj Podgórski – Member of the Management Board

ESPI Current Report No. 3/2026 – Launch of cameras in telescopes from the PIAST satellite constellation

Current report no. ESPI 3/2026
Date of preparation: 15 January 2026

Abbreviated name of the issuer: SCANWAY S.A.

Subject: Activation of cameras in telescopes from the PIAST satellite constellation

Legal basis: Article 19(3) of the MAR Regulation, information on transactions carried out by persons discharging managerial responsibilities.

The Management Board of Scanway S.A. (“Scanway”, “Company”) announces the successful launch of the Company’s electronic camera systems integrated with telescopes prepared by the Company in the PIAST-S1 and PIAST-S2 satellites of the PIAST constellation, launched into space on 28 November 2025.

The activation of the cameras’ electronic systems confirms their readiness for further start-up and calibration work. At the same time, it has been confirmed that all key operating parameters, including nominal voltage and current values, as well as the temperature of the electronic systems, are within the specified limits. In addition, preliminary images have been taken, confirming the operation of the cameras and telescopes (optical instruments).

The PIAST (Polish ImAging SaTellites) programme is being implemented by a consortium of Polish entities involved in the space sector, led by the Military University of Technology. Scanway S.A. is responsible for supplying two complete optical instruments (telescopes and cameras) for PIAST-S1 and PIAST-S2, as well as a camera for PIAST-M. The other consortium members are: Creotech Instruments S.A., Łukasiewicz Research Network – Institute of Aviation, PCO S.A. and CBK PAN.

The project is co-financed by the National Centre for Research and Development as part of the SZAFIR programme.

Jędrzej Kowalewski – President of the Management Board
Mikołaj Podgórski – Member of the Management Board

ESPI Current Report No. 39/2025 – Decision of the European Space Agency to qualify the Mani project, involving Scanway, for the next phase of implementation as part of the Small Moon Missions programme.

Current report no. ESPI 39/2025
Date of preparation: 16 December 2025

Abbreviated name of the issuer: SCANWAY S.A.

Subject: European Space Agency’s decision to qualify the Mani project, involving Scanway, for the next phase of implementation as part of the Small Moon Missions programme

Legal basis: Article 17 (1) of the MAR Regulation confidential information

The Management Board of Scanway S.A. (the “Company”, “Scanway”) announces that on 16 December 2025, it was informed of the decision of the European Space Agency (“ESA”) regarding the qualification of the Mani project under Small Lunar Missions to phase A/B1, which is the next stage of the project’s implementation.

In the event of full implementation of the Mani project, including phase A/B1 and all other phases, the total budget will amount to approximately EUR 50 million, of which, according to the Company’s estimates, approximately EUR 8.6 million will be allocated to Scanway, in accordance with the documents presented by the project team at the end of the preliminary phase 0/A to ESA, which was completed in November this year. The project is financed by ESA funds, including the Polish contribution.

The Company will provide information on further stages of the Mani project and details related to the overall project budget, including the potential signing of a contract or contracts for individual phases, in separate announcements.

Today’s decision follows the successful completion of the preliminary phase 0/A of the Mani project, as announced by the Company in current reports ESPI No. 31/2025 and 24/2024. If all phases of the project are completed on schedule, the Mani mission may be launched into lunar orbit within the next four years, according to the schedule proposed by the project participants implementing its preliminary phase 0/A.

The Mani project is being carried out as part of the European Space Agency’s (ESA) Terrae Novae programme. It is a lunar orbiter mission whose task will be to map the surface of the Moon with the highest spatial resolution to date, opening up new exploration opportunities, including research into the properties of regolith, the rocky material covering its surface. The company will develop and deliver an optical instrument for the satellite that will orbit the Moon.

By using polygonal photometric mapping, the project can provide sub-pixel information about the microstructure of the surface and significantly improve the quality of elevation maps. This will facilitate and reduce the risk of future lunar and exploration missions, supporting initiatives such as the Artemis programme and the construction of future lunar infrastructure.

The project could be of significant importance for future manned and unmanned missions to the Moon, including planning the location of a future base as part of the Artemis programme, which aims to create infrastructure enabling a permanent human presence on the Moon’s surface.

The leading participants in the Mani mission are: the University of Copenhagen, the Danish company Space Inventor and, on the Polish side, Scanway, working in cooperation with the Institute of Geological Sciences of the Polish Academy of Sciences.

The Mani project is one of the key development areas included in the new “Scanway Development Strategy for 2026-2028” concerning the Deep Space segment, including lunar exploration. Its implementation is intended to strengthen the Company’s position as a supplier of advanced optical instruments for the rapidly growing lunar mission sector, which is currently becoming a global priority for the space industry.

Jędrzej Kowalewski – President of the Management Board
Mikołaj Podgórski – Member of the Management Board

ESPI Current Report No. 40/2025 – Completion of the project and implementation of all activities under the contract with Ghalam LLP

Current report no. ESPI 40/2025
Date of preparation: 19 December 2025

Abbreviated name of the issuer: SCANWAY S.A.

Subject: Completion of the project and implementation of all activities under the contract with Ghalam LLP

Legal basis: Article 17 (1) of the MAR Regulation confidential information

The Management Board of Scanway S.A. (“Company”) hereby announces that today it has been confirmed that all work and activities covered by the contract (“Agreement”) with Ghalam LLP (“Ghalam”), concluded on 21 December 2023, about which the Company reported in its current report ESPI No. 3/2023, have been completed. The subject of the Agreement was the delivery by the Company of two telescope models – an optical system and an electronic subsystem for data acquisition from an optoelectronic sensor – capable of integration with a nanosatellite, as well as engineering support throughout the entire process of design, integration and testing of telescopes and nanosatellites.

The telescopes manufactured by the Company and delivered to Ghalam included engineering-grade and flight-grade models.

The contract has been completed and fully settled.

Jędrzej Kowalewski – President of the Management Board
Mikołaj Podgórski – Member of the Management Board

ESPI Current Report No. 38/2025 – The Company has been informed of the European Space Agency’s decision to secure funding for a second optical instrument for Intuitive Machines from the USA.

Current report no. ESPI 38/2025
Date of preparation: 16 December 2025

Abbreviated name of the issuer: SCANWAY S.A.

Subject: Company receives information about the European Space Agency’s decision to secure funding for a second optical instrument for Intuitive Machines from the USA

Legal basis: Article 17 (1) of the MAR Regulation confidential information

The Management Board of Scanway S.A. (the “Company”, “Scanway”) announces that on 16 December 2025, it was informed of the decision of the European Space Agency (“ESA”) to secure funding with an estimated value of EUR 3.3 million for the preparation and delivery by the Company of a second optical instrument, which is planned to be placed in one of the next Intuitive Machines (“IM”) missions related to the exploration of the Moon.

Further detailed arrangements will be the subject of separate discussions between the Company, ESA and IM, which should be finalised following a positive evaluation of the Company’s bid, completion of the tender procedure and signing of the final contract with ESA. The Company will provide information on subsequent stages and decisions in this regard in separate announcements.

The information received by the Company today creates an opportunity for potential expansion of cooperation with Intuitive Machines, initiated by the first order for a lunar observation instrument on 20 December 2024, as announced by the Company in its current report ESPI No. 23/2024. The report indicated that cooperation with IM may be developed in the future by placing further optical instruments on satellites carrying out lunar missions.

Intuitive Machines is a leading American space company, listed on NASDAQ with a market capitalisation of over $2 billion (as of 15 December 2025). It is involved in space exploration and the construction of lunar infrastructure, cislunar communication systems and the development of navigation services for space missions. In February 2024, it made history as the first private organisation to land on the Moon.

Cooperation with IM is a key area of development included in the new “Scanway Development Strategy for 2026-2028”, concerning the development of the Deep Space segment, including lunar exploration. The company strives to cooperate with global leaders in the sector, such as Intuitive Machines. Potential deepening of cooperation with IM will allow the Company to strengthen its expertise in missions beyond Earth orbit and increase its exposure to the American market, the world’s largest space sector market.

The potential receipt of an order from ESA for a second optical instrument for Intuitive Machines may have a significant impact on the development prospects and financial situation of Scanway in the coming years.

Jędrzej Kowalewski – President of the Management Board
Mikołaj Podgórski – Member of the Management Board

ESPI Current Report No. 37/2025 – Launch of a camera in a telescope from the PIAST satellite constellation

Current report no. ESPI 37/2025
Date of preparation: 7 December 2025

Abbreviated name of the issuer: SCANWAY S.A.

Subject: Activation of the camera in the telescope from the PIAST satellite constellation

Legal basis: Article 17 (1) of the MAR Regulation confidential information

The Management Board of Scanway S.A. (“Scanway”, “Company”) announces the successful launch of the Company’s electronic camera systems integrated with a telescope developed by the Space Research Centre of the Polish Academy of Sciences (“CBK PAN”) in the PIAST-M satellite of the PIAST constellation, launched into space on 28 November 2025.

The activation of the camera’s electronic systems confirms its readiness for further start-up and calibration work. At the same time, it has been confirmed that all key operating parameters, including nominal voltage and current values, as well as the temperature of the electronic systems, are within the specified limits.

The PIAST (Polish ImAging SaTellites) programme is being implemented by a consortium of Polish entities associated with the space sector, led by the Military University of Technology. Scanway S.A. is responsible for supplying two complete optical instruments (a telescope and a camera) for PIAST-S1 and PIAST-S2, as well as a camera for PIAST-M. The other consortium members are: Creotech Instruments S.A., Łukasiewicz Research Network – Institute of Aviation, PCO S.A. and CBK PAN.

The project is co-financed by the National Centre for Research and Development as part of the SZAFIR programme.

Jędrzej Kowalewski – President of the Management Board
Mikołaj Podgórski – Member of the Management Board

ESPI Current Report No. 36/2025 – Notification of a change in the total number of votes in Scanway

Current report no. ESPI 36/2025
Date of preparation: 1 December 2025

Abbreviated name of the issuer: SCANWAY S.A.

Subject: Notifications of changes in the total number of votes in Scanway

Legal basis: Article 70(1) of the Act on Public Offering – acquisition or disposal of a significant block of shares

The Management Board of Scanway S.A. (the “Company”, “Scanway”) hereby announces that today the Company received notifications from the President of the Management Board of Scanway and the family foundation controlled by him regarding a change in the total number of votes in the Company in connection with the registration by the District Court for Wrocław Fabryczna in Wrocław, VI Commercial Division of the National Court Register, of an increase in the Company’s share capital from PLN 155,000.00 to PLN 157,281.00 through the issue of 22,810 series G shares with a nominal value of PLN 0.10 per share.

According to the notifications received, Mr Jędrzej Kowalewski, President of the Management Board of Scanway, currently holds, indirectly through a family foundation, 155,370 shares in the Company, entitling him to the same number of votes at the General Meeting, which represents 9.88% of the Company’s share capital and the same share in the total number of votes in the Company.

The contents of the notices received are provided by the Company in the appendix to this current report.

Jędrzej Kowalewski – President of the Management Board
Mikołaj Podgórski – Member of the Management Board

ESPI Current Report No. 35/2025 – Subscription and payment for new issue shares

Current report no. ESPI 35/2025
Date of preparation: 26 November 2025

Abbreviated name of the issuer: SCANWAY S.A.

Subject: Subscription and payment for new issue shares

Legal basis: Article 17 (1) of the MAR Regulation confidential information

With reference to ESPI current report No. 32/2025 on obtaining additional financing through the issue of new series H bearer shares, the Management Board of Scanway S.A. (“Company”) hereby announces that in connection with the agreement concluded between the Company and the shareholder – Jędrzej Kowalewski Family Foundation (“Shareholder”) for the acquisition of 100,000 series H bearer shares, on 26 November 2025, the Company received funds contributed by the Shareholder to cover the above-mentioned shares in the amount of PLN 15,300,000.

The funds obtained by the Company as a result of the issue will be allocated to the implementation of the Company’s development strategy referred to in current report No. 28/2025 of 30 September 2025.

Information on the registration of series H shares in the National Court Register will be disclosed to the public in a relevant current report.

Jędrzej Kowalewski – President of the Management Board
Mikołaj Podgórski – Member of the Management Board

ESPI Current Report No. 33/2025 – Notification of a change in the total number of votes in Scanway

Current report no. ESPI 33/2025
Date of preparation: 24 November 2025

Abbreviated name of the issuer: SCANWAY S.A.

Subject: Notifications of changes in the share of the total number of votes in Scanway

Legal basis: RN_POSITION_16_165

The Management Board of Scanway S.A. (the “Company”, “Scanway”) hereby announces that today the Company received a notification from a family foundation controlled by the President of the Management Board of Scanway regarding a change in the total number of votes in the Company in connection with the sale by the foundation of 100,000 shares in Scanway S.A., which entitle the holder to the same number of votes at the General Meeting and represent 6.45% of the share capital and the same share in the total number of votes in Scanway S.A.

The above sale of shares results from the implementation of an investment agreement concluded between the Company and the foundation and a selected institutional investor managing a group of qualified investors, about which the Company informed in its current report ESPI No. 32/2025.

Following the above transaction, the Jędrzej Kowalewski Family Foundation holds 155,370 shares in Scanway S.A., which entitles it to the same number of votes at the General Meeting and represents 10.02% of the share capital and the same share in the total number of votes in Scanway S.A.

Additionally, on the same day, the Company also received a notification regarding a change in the share of the total number of votes in the Company held by the above-mentioned institutional investor, i.e. investment funds managed by TFI PZU S.A.

The contents of the notices received are provided by the Company in the appendix to this current report.

Jędrzej Kowalewski – President of the Management Board
Mikołaj Podgórski – Member of the Management Board

 

ESPI Current Report No. 31/2025 – Completion of Phase 0/A of the Mani project as part of the Small Moon Mission with the European Space Agency

Current report no. ESPI 31/2025
Date of preparation: 3 November 2025
Abbreviated name of the issuer: SCANWAY S.A.

Subject: Completion of phase 0/A of the Mani project as part of the Small Moon Mission with the European Space Agency

Legal basis: Article 17 (1) of the MAR Regulation confidential information

The Management Board of Scanway S.A. (the “Company”, “Scanway”) announces that it has been informed of the completion of work on the initial phase A of the Mani project, carried out as part of the Small Lunar Missions initiative of the European Space Agency (ESA). The work carried out by Scanway was performed on the basis of a contract (“Agreement”) with the University of Copenhagen, the signing of which was announced by Scanway in current report ESPI No. 24/2024.

The Mani project is a lunar orbiter mission whose task will be to map the surface of the Moon with the highest spatial resolution to date. Using polygonal photometric mapping, the project can provide sub-pixel information about the microstructure of the Moon’s surface and significantly improve the quality of elevation maps. As a result, it will facilitate and reduce the risks of future exploration missions, as well as enable new scientific research to be launched. The leading consortium members of the Mani project are: the University of Copenhagen (leader), the Danish company Space Inventor and Scanway. The budget for the initial phase A amounted to EUR 150,000, of which approximately 30% was contributed by the Company.

The Mani project is being implemented as part of the Terrae Novae programme, which aims to develop space exploration, including the Moon. Ultimately, ESA will select two or more projects from among the seven projects being carried out as part of the Small Moon Missions programme, which will qualify for subsequent phases with a view to launching them into lunar orbit within four to five years. The total cost of a single mission is expected to be within a budget of €50 million.

Decisions regarding the qualification of projects for subsequent phases and the implementation of a given mission remain the responsibility of ESA. In the Company’s opinion, one of the key decision-making criteria may be the availability of funding under the next three-year ESA budget for 2026-2028, which will be determined at the ESA Ministerial Council meeting scheduled for November 2025.

The Mani project is an integral part of Scanway’s long-term development strategy, which aims to strengthen the Company’s position as a supplier of advanced optical instruments for the growing lunar exploration sector. This direction is currently becoming a global priority for the space industry.

Jędrzej Kowalewski – President of the Management Board
Mikołaj Podgórski – Member of the Management Board

 

ESPI Current Report No. 31/2025 – Completion of Phase 0/A of the Mani project as part of the Small Moon Mission with the European Space Agency

Current report no. ESPI 31/2025
Date of preparation: 3 November 2025
Abbreviated name of the issuer: SCANWAY S.A.

Subject: Completion of phase 0/A of the Mani project as part of the Small Moon Mission with the European Space Agency

Legal basis: Article 17 (1) of the MAR Regulation confidential information

The Management Board of Scanway S.A. (the “Company”, “Scanway”) announces that it has been informed of the completion of work on the initial phase A of the Mani project, carried out as part of the Small Lunar Missions initiative of the European Space Agency (ESA). The work carried out by Scanway was performed on the basis of a contract (“Agreement”) with the University of Copenhagen, the signing of which was announced by Scanway in current report ESPI No. 24/2024.

The Mani project is a lunar orbiter mission whose task will be to map the surface of the Moon with the highest spatial resolution to date. Using polygonal photometric mapping, the project can provide sub-pixel information about the microstructure of the Moon’s surface and significantly improve the quality of elevation maps. As a result, it will facilitate and reduce the risks of future exploration missions, as well as enable new scientific research to be launched. The leading consortium members of the Mani project are: the University of Copenhagen (leader), the Danish company Space Inventor and Scanway. The budget for the initial phase A amounted to EUR 150,000, of which approximately 30% was contributed by the Company.

The Mani project is being implemented as part of the Terrae Novae programme, which aims to develop space exploration, including the Moon. Ultimately, ESA will select two or more projects from among the seven projects being carried out as part of the Small Moon Missions programme, which will qualify for subsequent phases with a view to launching them into lunar orbit within four to five years. The total cost of a single mission is expected to be within a budget of €50 million.

Decisions regarding the qualification of projects for subsequent phases and the implementation of a given mission remain the responsibility of ESA. In the Company’s opinion, one of the key decision-making criteria may be the availability of funding under the next three-year ESA budget for 2026-2028, which will be determined at the ESA Ministerial Council meeting scheduled for November 2025.

The Mani project is an integral part of Scanway’s long-term development strategy, which aims to strengthen the Company’s position as a supplier of advanced optical instruments for the growing lunar exploration sector. This direction is currently becoming a global priority for the space industry.

Jędrzej Kowalewski – President of the Management Board
Mikołaj Podgórski – Member of the Management Board

 

Raport bieżący ESPI nr 30/2025 – Zakończenie testów lotniczych instrumentu do obserwacji Ziemi w ramach projektu NarSha realizowanego z Nara Space Technology

Current Report No. ESPI 30/2025
Drafting date: 2025-10-30
Abbreviated name of the issuer: SCANWAY S.A.

Subject: Completion of flight testing of the Earth observation instrument under the NarSha project with Nara Space Technology

Legal basis: Article 17 (1) of the MAR Regulation confidential information

With reference to ESPI Current Report No. 2/2025 regarding the conclusion of an agreement (the “Agreement”) with Nara Space Technology (“Nara Space”) for flight testing of the first Earth observation instrument under the NarSha project, the Board of Directors of Scanway S.A. (the “Company”, “Scanway”) announces the successful completion of the entire testing process and Nara Space’s acceptance of all data collected by the Company as of October 30, 2025. Thus, the Company has completed the processing phase (data processing phase), which brings it closer to starting work on the first flight model of the instrument. The successful outcome of the testing and completion of the data processing phase triggers the payment of the final tranche under the testing campaign in the amount of approximately $85.5 thousand out of the total amount of $285.1 thousand, and an additional $141.5 thousand in connection with the achievement of the milestone of the contract for the second flight model between Nara Space and Scanway, as the Company announced in ESPI Current Report No. 22/2024.

Completed flight tests confirmed the functionality and performance of the Scanway instrument under conditions of imaging real methane emissions from an altitude of about 2,000 to more than 3,000 meters above sea level. The engineering model of the Scanway instrument made it possible to observe the Earth’s surface and record a point source of methane emissions.

The tests resulted in six hyperspectral data sets – reprocessed images that confirm the functionality of the sensors, optics and processing in the Scanway instrument’s engineering model. The data set and test documentation were submitted to Nara Space and received approval.

The tests carried out are a key milestone in the development of the first observation instrument within the NarSha project, a constellation of microsatellites being built by Nara Space. Ultimately, the constellation will include at least 12 microsatellites and will become Korea’s first satellite system dedicated to global monitoring of point sources of methane emissions in near real time, with spatial resolution at the local level. The project is being carried out by a consortium of Nara Space Technology (leader), Scanway (observatory instrument provider), the Climate Technology Center of Seoul National University and the Korea Astronomy and Space Science Institute.

As part of the project, the Company is developing optical instruments for the first two microsatellites, scheduled for launch in late 2026. The project shows potential for further expansions with additional instruments for the constellation.

Nara Space’s acceptance of the documentation confirms Scanway’s competence in optical instruments and the timely implementation of the NarSha project schedule.

Participation in constellation projects is a strategic area of Scanway’s development and will continue within the framework of the “Scanway S.A. Development Strategy 2026-2028.” This area is key to building a repeatable order book by providing instruments for constellation-forming satellites and, in the future, for potential satellites that will replace existing constellations.

Jędrzej Kowalewski – President of the Management Board
Michał Zięba – Member of the Management Board

 

ESPI Current Report No. 28/2025 – Adoption by the Board of Directors of Scanway S.A.. “Development strategy of Scanway S.A. for 2026-2028”.

Current report no. ESPI 28/2025
Drafting date: 2025-09-30
Abbreviated name of the issuer: SCANWAY S.A.

Subject: adoption by the Board of Directors of Scanway S.A. “Development strategy of Scanway S.A. for 2026-2028”.

Legal basis: Article 17 (1) of the MAR Regulation – confidential information

The Board of Directors of Scanway S.A. (the “Company”) announces the adoption of the following on September 30, 2025. “Development Strategy of Scanway S.A. for 2026-2028” (the “Strategy”). The Strategy – presenting the most important assumptions of the Company’s development – is attached to this report.

The strategic goal for Scanway S.A. is to become one of the largest integrators of optical cargo in Europe by the end of 2028.

At the same time, the strategy objective formulated in this way paves the way for the Company’s long-term aspiration of becoming one of the world’s largest commercial optical payload integrators.

In the Strategy adopted today, the Board of Directors formulates the following operational goals for 2026-2028:
– Significantly scale up operations and technology activities in the main areas: Space _ Defense and Industry;

– The presence of the Company’s products in constellations of global leaders;

– roduction of a dozen optical cargoes per year in the price range of 0.5-2.0 million euros per unit as a result of participation in constellation projects;

– Presence in a portfolio of products that represent a complete, end-to-end optical data processing chain, from acquisition to processing, analytics to prediction.

Scanway S.A. intends to strengthen its position as an integrated European supplier of optical technologies for the space and industrial sectors, in which it will be supported by the realization of four, technological directions of development, which are further described in the strategy document:

– The first direction will be the development of optical instruments with very high resolution;

– The second direction is the development of data processing products;

– The third direction is cameras dedicated to the defense market and applications in the area of in-space servicing;

– The fourth direction involves strengthening our own supply chain.

At the same time, the Company will continue its existing business directions, which include constellation projects and the construction of increasingly large optical instruments, involvement in the defense sector, development in the area of deep space and lunar exploration, participation in large public programs, and development in the industrial sector involving image analysis.

In the coming quarters, the Company will focus on methodical scaling of operations, increasing production capacity and improving technological competence

and operational. The Strategy will be implemented on the basis of a stable financial foundation and responsible liquidity management. The Management Board is currently analyzing a broad spectrum of financing options for development plans. In the coming quarters, the Company will refine the target optimal structure for raising development capital.

The news of the adoption of the new Strategy was considered important for the Company, as it defines the directions of Scanway S.A.’s strategic development in the next few years to significantly increase the Company’s scale, competitiveness and stability. At the same time, the Strategy provides a reference point for further organizational development, investment decisions and cooperation with investors, institutional customers and strategic partners, among others.

in the context of the planned debut on the Main Market of the Warsaw Stock Exchange and participation in public programs.

Jedrzej Kowalewski – President of the Management Board
Michał Zięba – Board Member

 

ESPI Current Report No. 27/2025 – Notification of a change in the total number of votes in Scanway

Current report no. ESPI 27/2025
Drafting date: 2025-09-19
Abbreviated name of the issuer: SCANWAY S.A.

Subject: Notification of change in the share of total votes in Scanway

Legal basis: Article 70(1) of the Act on Public Offering – acquisition or disposal of a significant block of shares

The Management Board of Scanway S.A. (“Company”, “Scanway”) announces that today the Company has received a notification from a family foundation controlled by Jędrzej Kowalewski, related to a change in its share in the total number of votes in the Company in connection with the registration by the District Court for Wrocław Fabryczna in Wrocław, VI Economic Department of the National Court Register of an increase in the Company’s share capital from PLN 139,500.00 to PLN 155,000.00 by issuing 155,000 series F shares with a nominal value of PLN 0.10 per share.

According to the notification received, the family foundation currently controlled by Jędrzej Kowalewski holds 255,370 shares, representing 16.48% of the Company’s share capital and the same percentage of the total number of votes in the Company.

The content of the notification received is provided by the Company in the attachment to this current report.

Jedrzej Kowalewski – President of the Management Board
Mikolaj Podgorski – Board Member

 

ESPI Current Report No. 26/2025 – Commencement of the second phase of the SEMOViS project, financed by the European Space Agency in cooperation with Marble Imaging GmbH

Current report no. ESPI 26/2025
Drafting date: 2025-09-19
Abbreviated name of the issuer: SCANWAY S.A.

Subject: Commencement of the second phase of the SEMOViS project, funded by the European Space Agency in cooperation with Marble Imaging GmbH

Legal basis: Article 17 (1) of the MAR Regulation confidential information

The Management Board of Scanway S.A. (the “Company”, “Scanway”) announces that on 19 September 2025 it signed an annex (the “Annex”) to the agreement with Marble Imaging GmbH (“Marble”), about which the Company reported in current report No. 7/2024 (the “Agreement”). The Agreement was concluded as part of a European Space Agency (“ESA”) project called SEMOViS (“Project”), which began in July 2024. The purpose of the Annex is to adapt the Agreement between Scanway and Marble to the project arrangements made between Scanway, Marble and ESA following the completion of the Preliminary Design Review (PDR) in the Project. The main changes introduced by the Annex are the clarification of the philosophy of development of intermediate and qualified models within the Project by the Company and the extension of the project schedule to 2027. The conclusion of the Annex marks the completion of the first phase of the Project and enables the transition to the second phase of the Project, the completion of which will mean the delivery of the flight instrument for integration with the satellite or the launch of the satellite in 2027.

The aim of the SEMOViS project is for the Company to provide an Earth observation instrument consisting of two telescopes capable of imaging the Earth in the visible spectrum with a resolution of less than 1 metre per pixel (VHR – Very High Resolution) and in the infrared spectrum (SWIR) with a resolution of less than 10 metres per pixel.

The total value of the project is approximately EUR 5.50 million. ESA’s financing of the project amounts to EUR 3.94 million, while the value of funds transferred to Scanway will amount to EUR 3.20 million, including funds already transferred to the Company since the signing of the Agreement until the date of this report in the amount of EUR 0.6 million. The provisions of the Agreement do not differ from the typical contractual terms used in this type of contract with ESA. Due to its SME status, the Company will receive an advance payment for work under the second phase of the contract in the amount typical for ESA, i.e. 35% of the remaining value of the Agreement, i.e. approximately EUR 0.9 million, which is expected to be received by the Company at the turn of the third and fourth quarters of this year.

The implementation of the SEMOViS project is in line with the Company’s business development directions, i.e. constellation projects and the construction of increasingly larger optical instruments.

Jędrzej Kowalewski – President of the Management Board
Mikołaj Podgórski – Member of the Management Board

 

ESPI Current Report No. 26/2025 – Commencement of the second phase of the SEMOViS project, financed by the European Space Agency in cooperation with Marble Imaging GmbH

Current report no. ESPI 26/2025
Drafting date: 2025-09-19
Abbreviated name of the issuer: SCANWAY S.A.

Subject: Commencement of the second phase of the SEMOViS project, funded by the European Space Agency in cooperation with Marble Imaging GmbH

Legal basis: Article 17 (1) of the MAR Regulation confidential information

The Management Board of Scanway S.A. (the “Company”, “Scanway”) announces that on 19 September 2025 it signed an annex (the “Annex”) to the agreement with Marble Imaging GmbH (“Marble”), about which the Company reported in current report No. 7/2024 (the “Agreement”). The Agreement was concluded as part of a European Space Agency (“ESA”) project called SEMOViS (“Project”), which began in July 2024. The purpose of the Annex is to adapt the Agreement between Scanway and Marble to the project arrangements made between Scanway, Marble and ESA following the completion of the Preliminary Design Review (PDR) in the Project. The main changes introduced by the Annex are the clarification of the philosophy of development of intermediate and qualified models within the Project by the Company and the extension of the project schedule to 2027. The conclusion of the Annex marks the completion of the first phase of the Project and enables the transition to the second phase of the Project, the completion of which will mean the delivery of the flight instrument for integration with the satellite or the launch of the satellite in 2027.

The aim of the SEMOViS project is for the Company to provide an Earth observation instrument consisting of two telescopes capable of imaging the Earth in the visible spectrum with a resolution of less than 1 metre per pixel (VHR – Very High Resolution) and in the infrared spectrum (SWIR) with a resolution of less than 10 metres per pixel.

The total value of the project is approximately EUR 5.50 million. ESA’s financing of the project amounts to EUR 3.94 million, while the value of funds transferred to Scanway will amount to EUR 3.20 million, including funds already transferred to the Company since the signing of the Agreement until the date of this report in the amount of EUR 0.6 million. The provisions of the Agreement do not differ from the typical contractual terms used in this type of contract with ESA. Due to its SME status, the Company will receive an advance payment for work under the second phase of the contract in the amount typical for ESA, i.e. 35% of the remaining value of the Agreement, i.e. approximately EUR 0.9 million, which is expected to be received by the Company at the turn of the third and fourth quarters of this year.

The implementation of the SEMOViS project is in line with the Company’s business development directions, i.e. constellation projects and the construction of increasingly larger optical instruments.

Jędrzej Kowalewski – President of the Management Board
Mikołaj Podgórski – Member of the Management Board

 

ESPI Current Report No. 24/2025 – Order for the supply of a vision system for inspecting the deployment of a mirror in space

 

Current report no. ESPI 24/2025
Date of preparation: 22 August 2025
Abbreviated name of the issuer: SCANWAY S.A.

Subject: Order for the supply of a vision system for inspecting the deployment of a mirror in space

Legal basis: Article 17(1) MAR – confidential information.

The Management Board of Scanway S.A. (the “Company”, “Scanway”) announces that on 22 August 2025 it signed an order (the “Order”) from an American company (the “Customer”) based in California, USA. The subject of the Order is the delivery of a vision system for inspecting the process of unfolding a mirror for reflecting sunlight, which is the main part of the Customer’s satellite. The value of the Order is USD 80,000 net and includes the delivery of two sets of systems. The Order completion time is approximately 5 months.

The vision system developed by the Company will be responsible for providing optical data (images and videos) to monitor the deployment process of the mirror integrated with the Customer’s satellite. The constellation being built by the customer is designed to deliver sunlight from orbit to darkened areas of the globe in order to both illuminate the target location and generate electricity through photovoltaic panels. The customer is an American company located in California, operating on the market for several years and with significant capital raised in previous investment rounds. Since June 2025, it has been carrying out an order from the American AFWERX, operating within the Air Force Research Laboratory, which is developing further applications for its products. The Client’s first satellite – with the Scanway product – should be in orbit in the first half of 2026, with the exact date to be determined by the Client at a later date.

The order is of strategic importance to Scanway, as it is another commercial order in recent months within the product line developed by the Company dedicated to vision systems for space applications and developed under the name SCS – Scanway Camera System. This segment includes technologies enabling, among other things, inspection, docking, deorbiting, refuelling or reconfiguration of satellites or other spacecraft in space, and is considered one of the most promising applications for space technology in the coming years. The order concerns a camera system for inspecting the deployment of large orbital infrastructure elements, which, according to Scanway, will constitute an increasingly important market segment due to growing and cheaper access to space. In the Company’s opinion, the initiated cooperation has the potential for further expansion in the future due to the constellation nature of the project implemented by the Customer.

The remaining terms and conditions of the Order, including those relating to the possibility of withdrawal or termination, do not deviate from the generally accepted standards typical for cooperation in the space sector.

Jedrzej Kowalewski – President of the Management Board
Mikolaj Podgorski – Board Member

ESPI Current Report No. 24/2025 – Order for the supply of a vision system for inspecting the deployment of a mirror in space

 

Current report no. ESPI 24/2025
Date of preparation: 22 August 2025
Abbreviated name of the issuer: SCANWAY S.A.

Subject: Order for the supply of a vision system for inspecting the deployment of a mirror in space

Legal basis: Article 17(1) MAR – confidential information.

The Management Board of Scanway S.A. (the “Company”, “Scanway”) announces that on 22 August 2025 it signed an order (the “Order”) from an American company (the “Customer”) based in California, USA. The subject of the Order is the delivery of a vision system for inspecting the process of unfolding a mirror for reflecting sunlight, which is the main part of the Customer’s satellite. The value of the Order is USD 80,000 net and includes the delivery of two sets of systems. The Order completion time is approximately 5 months.

The vision system developed by the Company will be responsible for providing optical data (images and videos) to monitor the deployment process of the mirror integrated with the Customer’s satellite. The constellation being built by the customer is designed to deliver sunlight from orbit to darkened areas of the globe in order to both illuminate the target location and generate electricity through photovoltaic panels. The customer is an American company located in California, operating on the market for several years and with significant capital raised in previous investment rounds. Since June 2025, it has been carrying out an order from the American AFWERX, operating within the Air Force Research Laboratory, which is developing further applications for its products. The Client’s first satellite – with the Scanway product – should be in orbit in the first half of 2026, with the exact date to be determined by the Client at a later date.

The order is of strategic importance to Scanway, as it is another commercial order in recent months within the product line developed by the Company dedicated to vision systems for space applications and developed under the name SCS – Scanway Camera System. This segment includes technologies enabling, among other things, inspection, docking, deorbiting, refuelling or reconfiguration of satellites or other spacecraft in space, and is considered one of the most promising applications for space technology in the coming years. The order concerns a camera system for inspecting the deployment of large orbital infrastructure elements, which, according to Scanway, will constitute an increasingly important market segment due to growing and cheaper access to space. In the Company’s opinion, the initiated cooperation has the potential for further expansion in the future due to the constellation nature of the project implemented by the Customer.

The remaining terms and conditions of the Order, including those relating to the possibility of withdrawal or termination, do not deviate from the generally accepted standards typical for cooperation in the space sector.

Jedrzej Kowalewski – President of the Management Board
Mikolaj Podgorski – Board Member

ESPI Current Report No. 22/2025 – List of Shareholders Holding at Least 5% of the Number of Votes at the Extraordinary General Meeting of SCANWAY S.A..

Current report no. ESPI 22/2025
Date of preparation: 19 August 2025
Abbreviated name of the issuer: SCANWAY S.A.

Subject: List of Shareholders Holding at Least 5% of the Number of Votes at the Extraordinary General Meeting of SCANWAY S.A.

Legal basis: Article 70(3) of the Act on Public Offering – General Meeting of Shareholders, list above 5%

The Management Board of Scanway S.A. with its registered office in Wrocław [the “Company”] hereby announces that at the Extraordinary General Meeting of the Company held on 18 August 2025 [the “EGM”], the shareholders holding more than 5% of the votes at the EGM were:

– PGE Ventures Sp. z o.o., which held 185,000 shares in the Company at the Extraordinary General Meeting, entitling it to 185,000 votes, which constituted 32.31% of the votes at that Extraordinary General Meeting and corresponded to 13.26% of the total number of votes in the Company.

– Lowercap Sp. z o.o. DFR ASI S.K.A., which held 42,700 shares in the Company at the Extraordinary General Meeting, entitling it to 42,700 votes, which constituted 7.46% of the votes at that Extraordinary General Meeting and corresponded to 3.06% of the total number of votes in the Company.

– Agencja Rozwoju Społecznego “ARS” Sp. z o.o., which held 48,400 shares in the Company at the Extraordinary General Meeting, entitling it to 48,400 votes, which constituted 8.45% of the votes at that Extraordinary General Meeting and corresponded to 3.47% of the total number of votes in the Company.

– Jędrzej Kowalewski Family Foundation, which held 100,370 shares in the Company at the Extraordinary General Meeting, entitling it to 100,370 votes, which constituted 17.53% of the votes at that Extraordinary General Meeting and corresponded to 7.19% of the total number of votes in the Company.

– The Government of Norway, which held 40,000 shares in the Company at the Extraordinary General Meeting, entitling it to 40,000 votes, which constituted 6.99% of the votes at that Extraordinary General Meeting and corresponded to 2.87% of the total number of votes in the Company.

– FAMILIAR S.A., SICAV-SIF, which held 30,000 shares in the Company at the Extraordinary General Meeting, entitling it to 30,000 votes, which constituted 5.24% of the votes at that Extraordinary General Meeting and corresponded to 2.15% of the total number of votes in the Company.

Jedrzej Kowalewski – President of the Management Board
Mikolaj Podgorski – Board Member

ESPI Current Report No. 21/2025 – Entering into an agreement with Space Inventor for the delivery of a telescope for the Danish “Stars and ExoPlanets” mission

Current Report No. ESPI 21/2025
Drafting date: 2025-08-12
Abbreviated name of the issuer: SCANWAY S.A.

Subject: Contract with Space Inventor to provide telescope for Danish Stars and ExoPlanets mission

Article 17(1) MAR – confidential information.

The Board of Directors of Scanway S.A. (the “Company”, “Scanway”) announces the signing of a contract (the “Agreement”) with Space Inventor (“SI”), based in Denmark, on 12/08/2025. The subject of the Agreement will be the delivery of a model of a flyby telescope for stellar astroseismography, which will be integrated into Space Inventor’s satellite platform and sent into Earth orbit as part of the “Stars and ExoPlanets” (“STEP”) scientific mission.

The value of the Agreement is €500,000 and covers a period of 12 months. The Company’s expected receipt of funds from the execution of the Agreement based on the agreed schedule will be 50% in 2025 and 50% in 2026. In terms of the provisions regarding possible contractual penalties, warranty provisions, product liability, etc. The Agreement does not deviate from commonly used market standards relating to these issues.

The STEP mission is scientific in nature and is being carried out by a consortium of Danish universities. The satellite platform for the mission will be provided by SI, with which Scanway signed a cooperation agreement in August 2024 (ESPI Current Report No. 8/2024) and with which it is implementing the Mani project (ESPI Current Report No. 24/2024).

The flight model of the telescope prepared and supplied by the Company will enable Danish scientists to make advanced astroseismographic observations. These observations will study the internal structure of stars by analyzing natural oscillations and pulsations, which will allow a better understanding of the evolutionary processes of stars and the physical phenomena occurring inside them. Astroseismography plays a key role in space research because it provides information about the structure and life cycle of stars.

The agreement between Scanway and SI will further strengthen the relationship and jointly offer products in global markets. At the same time, it opens up opportunities for the Company to build new relationships and partnerships to participate in advanced exploration projects, which is one of Scanway’s business directions.

SI to a Danish company that specializes in providing customers with microsatellite solutions weighing up to 200 kg. The innovative satellite platform developed by the company offers flexibility, modularity and is usable for different types of missions and in different orbits. Space Inventor also supplies a range of different components for satellites, such as reaction wheels and solar sensors.

Jędrzej Kowalewski – President of the Management Board
Mikołaj Podgórski – Member of the Management Board

    ESPI Current Report No. 19/2025 – Notification of a change in the total number of votes in Scanway

    Current report no. ESPI 19/2025
    Date of preparation: 3 July 2025
    Abbreviated name of the issuer: SCANWAY S.A.

    Subject: Notification of change in the share of total votes in Scanway

    Art. 70 item 1 of the Public Offering Act – acquisition or disposal of a significant block of shares

    The Management Board of Scanway S.A. (the “Company”, “Scanway”) hereby announces that today the Company received a notification from a family foundation controlled by the President of the Management Board of Scanway regarding a change in the total number of votes in the Company in connection with the sale by the foundation, as part of an accelerated book-building process (“ABB”) in a block transaction of 176,500 shares in Scanway S.A., which entitle the holder to the same number of votes at the General Meeting and represent 12.65% of the share capital and the same share in the total number of votes in Scanway S.A. Following the above transaction, the “Jędrzej Kowalewski Family Foundation” holds 100,370 shares in Scanway S.A., which entitles it to the same number of votes at the General Meeting and represents 7.19% of the share capital and the same share in the total number of votes in Scanway S.A.

    The content of the notification received is provided by the Company in the attachment to this current report.

    Jędrzej Kowalewski – President of the Management Board
    Mikołaj Podgórski – Member of the Management Board

    ESPI Current Report No. 17/2025 – Notifications of transactions of an obligated person and a closely related person received pursuant to Article 19 MAR.

    Current Report No. ESPI 17/2025
    Drafting date: 2025-06-30
    Abbreviated name of the issuer: SCANWAY S.A.

    Subject: notifications of transactions of an obligated person and a closely related person received pursuant to Article 19 MAR.

    Article 19 (3) MAR – information on transactions performed by persons discharging managerial responsibilities.

    The Board of Directors of Scanway S.A. (the “Company”, “Scanway”) announces that today the Company received a notification notice prepared in accordance with Article 19 of MAR from a person closely related to Scanway’s Chairman of the Board of Directors (family foundation) regarding the sale of 176,500 Scanway shares as part of ABB’s accelerated book-building process, which the Company announced in ESPI Current Report No. 15/2025.

    The content of the notifications received is provided by the Company in the appendix to this current report.

    Jędrzej Kowalewski – President of the Management Board
    Mikołaj Podgórski – Member of the Management Board

    ESPI Current Report No. 18/2025 – Signing a contract with the European Space Agency for the processing of satellite images of the Moon in a planned mission with Intuitive Machines of the USA

    Current Report No. ESPI 18/2025
    Date of preparation: 3 July 2025
    Abbreviated name of the issuer: SCANWAY S.A.

    Subject: Signing a contract with the European Space Agency to process satellite images of the Moon in a planned mission with Intuitive Machines of the US

    Legal basis: Article 17(1) MAR – confidential information.

    With reference to the ESPI current report No. 10/2025 on the agreement with the European Space Agency (“ESA”) on the terms of a contract for the processing of satellite images of the Moon in a planned mission with Intuitive Machines of the USA, the Board of Directors of Scanway S.A. (the “Company”, “Scanway”) announces the signing of a contract (the “Agreement”) with ESA on July 3, 2025. The subject of the Agreement is the construction of a European multispectral data processing chain from Scanway’s optical instrument, which will be placed in lunar orbit in 2026, according to the current schedule, as part of the cooperation with Intuitive Machines (“IM”), described in ESPI Current Report No. 23/2024. Under the Agreement, the Company will develop a system for processing satellite data related to future lunar surface exploration. The Company has been recognized by the ESA as an entity with the appropriate competence and experience to be entrusted with the work of processing images of the lunar surface.

    The value of the Agreement between Scanway and ESA will be €500,000. The Company’s expected receipt of funds from the implementation of the Agreement based on the agreed schedule will be about 70% in 2025, about 10% in 2026 and about 20% in 2027. Implementation of the Agreement will last until 2027 (i.e., approximately one year after the launch of the IM satellite on which the Company’s product will be placed), and will primarily involve the processing of images of the lunar surface from specific targets, defined jointly by ESA, IM and Scanway, to a level that will enable the images to be stored in ESA databases, used for, among other things, research and scientific purposes, as well as for future exploration missions. As part of their discussions and agreements, the Company and IM have pre-defined specific targets for imaging the Moon.

    Due to the expansion of the Company’s cooperation with IM and ESA, the Agreement may provide a basis for further development and strengthening of cooperation between the entities.

    Jedrzej Kowalewski – President of the Management Board
    Mikolaj Podgorski – Board Member

    ESPI Current Report No. 15/2025 – Information on completion of the accelerated book building process for the company’s shares

    Current Report No. ESPI 15/2025
    Drafting date: 2025-06-25
    Abbreviated name of the issuer: SCANWAY S.A.

    Subject:Information on completion of the accelerated book building process for the company’s shares

    MAR Article 17.1 – confidential information.

    THIS CURRENT REPORT AND THE INFORMATION CONTAINED HEREIN IS NOT FOR DISTRIBUTION, PUBLICATION OR DISSEMINATION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN ANY PART, IN THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, THE REPUBLIC OF SOUTH AFRICA, JAPAN OR ANY OTHER JURISDICTION WHERE SUCH DISTRIBUTION, PUBLICATION OR DISSEMINATION WOULD BE UNLAWFUL. THIS CURRENT REPORT IS FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE AN OFFER OF SECURITIES IN ANY JURISDICTION. PLEASE READ THE IMPORTANT INFORMATION AT THE END OF THIS REPORT.

    The Board of Directors of Scanway S.A., based in Wrocław, Poland (the “Issuer” or the “Company”), with reference to current report No. 13/2025 dated June 23, 2025, informs that on June 25, 2025 it received information from Jędrzej Kowalewski, a shareholder of the Issuer – Family Foundation (the “Shareholder”), about the completion of the accelerated book-building process (“ABB”) for the Issuer’s shares.

    According to the information provided, as a result of the ABB process, the selling price of the shares sold by the Shareholder was set at PLN 75.00 per share.

    As a result of the ABB process, the Shareholder will sell a total of 176,500 shares in the Company, representing 12.65% of the Company’s share capital, entitling the Shareholder to 176,500 (12.65%) votes at the Company’s General Meeting of Shareholders (the “Sold Shares”).The sale transactions will be concluded on June 25, 2025, and settled by June 27, 2025

    The Sale Shares will be sold in performance of the Investment Agreement entered into by the Company and the Shareholder under the Investment Agreement dated June 23, 2025 (the “Investment Agreement”). Pursuant to the Investment Agreement, the Shareholder will subscribe for 155,000 series F ordinary bearer shares of the Company with a par value of PLN 0.10 each (“New Issue Shares”) at a unit issue price equal to the sale price of the Sale Shares. The New Issue Shares will be offered to the Shareholder on the basis of a resolution to increase the Company’s share capital, to deprive existing shareholders of their subscription rights in full, to dematerialize the shares within the meaning of the Act on Trading in Financial Instruments, to introduce the New Issue Shares to trading in the alternative trading system and to amend the Company’s Articles of Association, which will be discussed at the Extraordinary General Meeting convened for August 18, 2025 (the “Issue Resolution”),

    The Shareholder further undertook to pay the proceeds from the sale of the Sale Shares in the amount of the product of the number of New Issue Shares and the sale price of the Sale Shares, i.e. in the total amount of PLN 11,625,000 to the Company as an advance payment on the purchase price of the New Issue Shares, within 5 business days of crediting his account with the sale price of 155,000 Sale Shares. The proceeds, received by the Shareholder, from the sale of the remaining 21,500 Sale Shares, will support the plans of Jędrzej Kowalewski Family Foundation.

    [IMPORTANT INFORMATION

    This report does not constitute an offer for sale of the Issuer’s securities in the United States, Canada, Japan, Australia or any other jurisdiction where it would constitute a violation of applicable law or require registration, filing or authorization. The Company’s Securities have not been and will not be registered under the provisions of the U.S. Securities Act and may not be offered or sold in the United States of America. Neither the Issuer’s Securities nor this report have been and will be subject to registration, approval or notification in any country outside the Republic of Poland, in particular in accordance with Regulation (EU) 2017/1129 of the European Parliament and of the Council of June 14, 2017. on the prospectus to be published in connection with a public offering of securities or their admission to trading on a regulated market and the repeal of Directive 2003/71/EC and the laws issued pursuant thereto, and may not be offered outside the Republic of Poland (including other European Union countries), unless in the country in question such an offering could be lawfully made without the Shareholder, the Issuer and their advisors having to meet any additional legal requirements. Any investor residing or having its registered office outside the Republic of Poland should familiarize itself with the relevant provisions of Polish law and the regulations of other countries that may apply to it. This report does not contain or constitute an offer to sell securities or an invitation to make an offer to purchase securities or a recommendation to purchase securities. The report does not constitute a basis for making a decision to purchase the Company’s securities. Investing in the Issuer’s shares involves a high degree of risk inherent in equity capital market instruments and risks associated with the Issuer’s business and the environment in which the Issuer operates. Before making an investment decision, an investor should carefully review the available information on the Issuer and, if necessary, consult with advisors, including legal counsel].

    Jędrzej Kowalewski – President of the Management Board
    Mikołaj Podgórski – Member of the Management Board

    ESPI Current Report No. 16/2025 – List of shareholders holding at least 5% of votes at the Annual General Meeting of SCANWAY S.A.

    Current Report No. ESPI 16/2025
    Drafting date: 2025-06-30
    Abbreviated name of the issuer: SCANWAY S.A.

    Subject: List of shareholders holding at least 5% of the number of votes at the Annual General Meeting of SCANWAY S.A.

    Art. 70 item 3 of the Public Offering Act – AGM list above 5%

    The Board of Directors of Scanway S.A., based in Wrocław [“the Company”] informs that at the Annual General Meeting of the Company held on June 30, 2025 [“AGM”], the shareholders holding more than 5% of votes at this AGM were:

    • Mr. Mikolaj Podgorski, who held 15,167 shares in the Company at the AGM, which entitled him to 15,167 votes, representing 8.50% of the number of votes at that AGM and corresponding to 1.09% of the total number of votes in the Company
    • Mr. Przemysław Lutkiewicz, who held 11,500 shares in the Company at the AGM, which entitled him to 11,500 votes, representing 6.44% of the number of votes at that AGM and corresponding to 0.82% of the total number of votes in the Company
    • Mr. Michal Zięba, who held 15,169 shares in the Company at the AGM, which entitled him to 15,169 votes, representing 8.50% of the number of votes at that AGM and corresponding to 1.09% of the total number of votes in the Company
    • Government of Norway, which held 30,000 shares in the Company at the AGM, which carried 30,000 votes, representing 16.81% of the number of votes at that AGM and corresponding to 2.15% of the total number of votes in the Company
    • Jędrzej Kowalewski Family Foundation, which held 100,000 shares in the Company at the AGM, which carried 100,000 votes, representing 56.04% of the number of votes at that AGM and corresponding to 7.17% of the total number of votes in the Company

    Jędrzej Kowalewski – President of the Management Board
    Mikołaj Podgórski – Member of the Management Board

    ESPI Current Report No. 15/2025 – Information on completion of the accelerated book building process for the company’s shares

    Current Report No. ESPI 15/2025
    Drafting date: 2025-06-25
    Abbreviated name of the issuer: SCANWAY S.A.

    Subject:Information on completion of the accelerated book building process for the company’s shares

    MAR Article 17.1 – confidential information.

    THIS CURRENT REPORT AND THE INFORMATION CONTAINED HEREIN IS NOT FOR DISTRIBUTION, PUBLICATION OR DISSEMINATION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN ANY PART, IN THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, THE REPUBLIC OF SOUTH AFRICA, JAPAN OR ANY OTHER JURISDICTION WHERE SUCH DISTRIBUTION, PUBLICATION OR DISSEMINATION WOULD BE UNLAWFUL. THIS CURRENT REPORT IS FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE AN OFFER OF SECURITIES IN ANY JURISDICTION. PLEASE READ THE IMPORTANT INFORMATION AT THE END OF THIS REPORT.

    The Board of Directors of Scanway S.A., based in Wrocław, Poland (the “Issuer” or the “Company”), with reference to current report No. 13/2025 dated June 23, 2025, informs that on June 25, 2025 it received information from Jędrzej Kowalewski, a shareholder of the Issuer – Family Foundation (the “Shareholder”), about the completion of the accelerated book-building process (“ABB”) for the Issuer’s shares.

    According to the information provided, as a result of the ABB process, the selling price of the shares sold by the Shareholder was set at PLN 75.00 per share.

    As a result of the ABB process, the Shareholder will sell a total of 176,500 shares in the Company, representing 12.65% of the Company’s share capital, entitling the Shareholder to 176,500 (12.65%) votes at the Company’s General Meeting of Shareholders (the “Sold Shares”).The sale transactions will be concluded on June 25, 2025, and settled by June 27, 2025

    The Sale Shares will be sold in performance of the Investment Agreement entered into by the Company and the Shareholder under the Investment Agreement dated June 23, 2025 (the “Investment Agreement”). Pursuant to the Investment Agreement, the Shareholder will subscribe for 155,000 series F ordinary bearer shares of the Company with a par value of PLN 0.10 each (“New Issue Shares”) at a unit issue price equal to the sale price of the Sale Shares. The New Issue Shares will be offered to the Shareholder on the basis of a resolution to increase the Company’s share capital, to deprive existing shareholders of their subscription rights in full, to dematerialize the shares within the meaning of the Act on Trading in Financial Instruments, to introduce the New Issue Shares to trading in the alternative trading system and to amend the Company’s Articles of Association, which will be discussed at the Extraordinary General Meeting convened for August 18, 2025 (the “Issue Resolution”),

    The Shareholder further undertook to pay the proceeds from the sale of the Sale Shares in the amount of the product of the number of New Issue Shares and the sale price of the Sale Shares, i.e. in the total amount of PLN 11,625,000 to the Company as an advance payment on the purchase price of the New Issue Shares, within 5 business days of crediting his account with the sale price of 155,000 Sale Shares. The proceeds, received by the Shareholder, from the sale of the remaining 21,500 Sale Shares, will support the plans of Jędrzej Kowalewski Family Foundation.

    [IMPORTANT INFORMATION

    This report does not constitute an offer for sale of the Issuer’s securities in the United States, Canada, Japan, Australia or any other jurisdiction where it would constitute a violation of applicable law or require registration, filing or authorization. The Company’s Securities have not been and will not be registered under the provisions of the U.S. Securities Act and may not be offered or sold in the United States of America. Neither the Issuer’s Securities nor this report have been and will be subject to registration, approval or notification in any country outside the Republic of Poland, in particular in accordance with Regulation (EU) 2017/1129 of the European Parliament and of the Council of June 14, 2017. on the prospectus to be published in connection with a public offering of securities or their admission to trading on a regulated market and the repeal of Directive 2003/71/EC and the laws issued pursuant thereto, and may not be offered outside the Republic of Poland (including other European Union countries), unless in the country in question such an offering could be lawfully made without the Shareholder, the Issuer and their advisors having to meet any additional legal requirements. Any investor residing or having its registered office outside the Republic of Poland should familiarize itself with the relevant provisions of Polish law and the regulations of other countries that may apply to it. This report does not contain or constitute an offer to sell securities or an invitation to make an offer to purchase securities or a recommendation to purchase securities. The report does not constitute a basis for making a decision to purchase the Company’s securities. Investing in the Issuer’s shares involves a high degree of risk inherent in equity capital market instruments and risks associated with the Issuer’s business and the environment in which the Issuer operates. Before making an investment decision, an investor should carefully review the available information on the Issuer and, if necessary, consult with advisors, including legal counsel].

    Jędrzej Kowalewski – President of the Management Board
    Mikołaj Podgórski – Member of the Management Board

      ESPI Current Report No. 12/2025 – Entering into an agreement with an Asian company for the supply of high-resolution optical telescopes for the satellite constellation

      Current Report No. ESPI 12/2025
      Drafting date: 2025-06-23
      Abbreviated name of the issuer: SCANWAY S.A.

      Subject: Contracting with an Asian company to provide high-resolution optical telescopes for satellite constellation

      MAR Article 17.1 – confidential information.

      The Board of Directors of Scanway S.A. (the “Company”, “Scanway”) announces that on June 23, 2025, it entered into a contract (the “Agreement”) with one of the leaders in the space sector from South Asia (the “Company”) with offices in Asia and the United States. The subject of the Contract is the supply of a series of high-resolution optical telescopes for the Earth observation satellite constellation being built by the Company.

      The value of the Agreement is EUR 9,000,000 (approx. PLN 38,438,100 according to the exchange rate as of 20.06.2025). The Company’s expected receipt of funds from the execution of the Agreement on the basis of the agreed schedule will be about 25% in 2025, about 50% in 2026 and about 25% in 2027. The Agreement includes an advance payment of more than half of Scanway’s total revenues generated in 2024. Implementation of the Agreement will last until 2027, with the first telescope to be delivered to the partner in 2026. In terms of provisions regarding possible contractual penalties, warranty provisions, product liability, etc. The Agreement does not deviate from market standards relating to these issues.

      The telescopes supplied by Scanway will be among the class of the largest solutions developed by the Company to date and will be based on elements developed as part of the Company’s other technologically similar projects. The signing of the Agreement with the Company confirms the Company’s high competence and is in line with its strategic direction of development, which includes providing customers with the largest telescopes available in the Company’s portfolio and their integration into satellite constellations.

      Both the number of instruments delivered, their detailed technical parameters and the details of the entire constellation of satellites implemented by the Company are covered by the confidentiality of this information resulting from the Company’s business commitments.

      The company is a leading player in the space sector of South Asia, focusing on the development of competencies in the Earth observation sector using hyperspectral observation satellites.
      Information on the conclusion of the Agreement was considered important for the Company, due to its significant impact on shaping Scanway’s growth prospects and financial position in the coming years – the order in terms of volume and total amount is the largest ever signed by the Company.

      Jędrzej Kowalewski – President of the Management Board
      Mikołaj Podgórski – Member of the Management Board

        ESPI Current Report No. 12/2025 – Entering into an agreement with an Asian company for the supply of high-resolution optical telescopes for the satellite constellation

        Current Report No. ESPI 12/2025
        Drafting date: 2025-06-23
        Abbreviated name of the issuer: SCANWAY S.A.

        Subject: Contracting with an Asian company to provide high-resolution optical telescopes for satellite constellation

        MAR Article 17.1 – confidential information.

        The Board of Directors of Scanway S.A. (the “Company”, “Scanway”) announces that on June 23, 2025, it entered into a contract (the “Agreement”) with one of the leaders in the space sector from South Asia (the “Company”) with offices in Asia and the United States. The subject of the Contract is the supply of a series of high-resolution optical telescopes for the Earth observation satellite constellation being built by the Company.

        The value of the Agreement is EUR 9,000,000 (approx. PLN 38,438,100 according to the exchange rate as of 20.06.2025). The Company’s expected receipt of funds from the execution of the Agreement on the basis of the agreed schedule will be about 25% in 2025, about 50% in 2026 and about 25% in 2027. The Agreement includes an advance payment of more than half of Scanway’s total revenues generated in 2024. Implementation of the Agreement will last until 2027, with the first telescope to be delivered to the partner in 2026. In terms of provisions regarding possible contractual penalties, warranty provisions, product liability, etc. The Agreement does not deviate from market standards relating to these issues.

        The telescopes supplied by Scanway will be among the class of the largest solutions developed by the Company to date and will be based on elements developed as part of the Company’s other technologically similar projects. The signing of the Agreement with the Company confirms the Company’s high competence and is in line with its strategic direction of development, which includes providing customers with the largest telescopes available in the Company’s portfolio and their integration into satellite constellations.

        Both the number of instruments delivered, their detailed technical parameters and the details of the entire constellation of satellites implemented by the Company are covered by the confidentiality of this information resulting from the Company’s business commitments.

        The company is a leading player in the space sector of South Asia, focusing on the development of competencies in the Earth observation sector using hyperspectral observation satellites.
        Information on the conclusion of the Agreement was considered important for the Company, due to its significant impact on shaping Scanway’s growth prospects and financial position in the coming years – the order in terms of volume and total amount is the largest ever signed by the Company.

        Jędrzej Kowalewski – President of the Management Board
        Mikołaj Podgórski – Member of the Management Board

        ESPI Current Report No. 11/2025 – Order for delivery of vision system for inspection of satellite docking process

        Current Report No. ESPI 11/2025
        Drafting date: 2025-06-13
        Abbreviated name of the issuer: SCANWAY S.A.

        Subject: order for supply of vision system for inspection of satellite docking process

        MAR Article 17.1 – confidential information.

        The Board of Directors of Scanway S.A. (the “Company”, “Scanway”) announces that on June 13, 2025 it signed an order (the “Order”) from a company operating in the space industry based in Lithuania (the “Purchaser”). The subject of the Order is the supply of a vision system for inspection of the docking process of satellites in orbit as part of the mission planned for execution in late 2026 and early 2027. The value of the Order is EUR 52,000 net, and the execution time is 10 months.

        The order is of strategic importance to Scanway because it is the first commercial order within the Company’s developing product branch dedicated to vision systems for applications in so-called in-space servicing, i.e. servicing satellites in orbit. This segment includes technologies that enable, among other things, the inspection, docking, deorbitation, refueling or reconfiguration of satellites in space, and is considered one of the most promising applications for space technology in the coming years.

        The vision system developed by the Company will be responsible for providing optical data (images) for the implementation of optical surveillance and analysis of the process of approaching and docking satellites, using image processing algorithms and artificial intelligence elements in the products developed by the Ordering Party. The solution is designed for reliable operation in the space environment, taking into account the requirements for radiation resistance, limited connectivity and high operating autonomy.

        The general conditions for the execution of the Order do not deviate from the standards typical of cooperation in the space sector.

        Jędrzej Kowalewski – President of the Management Board
        Mikołaj Podgórski – Member of the Management Board

        ESPI Current Report No. 10/2025 – Agreement with the European Space Agency on the terms of the contract for processing satellite images of the Moon in the planned mission with Intuitive Machines from the USA

        Current Report No. ESPI 10/2025
        Drafting date: 2025-06-13
        Abbreviated name of the issuer: SCANWAY S.A.

        Subject: Agreeing with the European Space Agency on the terms of a contract for processing satellite images of the Moon in a planned mission with Intuitive Machines of the US

        Legal basis: Article 17(1) MAR – confidential information.

        The Board of Directors of Scanway S.A. (the “Company”, “Scanway”) announces that on June 13, 2025, key terms of a contract (the “Agreement”) were agreed with the European Space Agency (“ESA”). The subject of the planned Agreement will be the construction of a European multispectral data processing chain from Scanway’s optical instrument, which will be placed in lunar orbit in 2026 as part of the cooperation with Intuitive Machines (“IM”), described in ESPI Current Report No. 23/2024. Under the Agreement, the Company will develop a system for processing satellite data related to future lunar surface exploration. The Company has been recognized by the ESA as a competent and experienced entity entrusted with the work of processing images of the lunar surface.

        The value of the Agreement between Scanway and ESA will be €500,000. The Company’s expected receipt of funds from the implementation of the Agreement based on the agreed schedule will be about 70% in 2025, about 10% in 2026 and about 20% in 2027. Implementation of the Agreement will last until 2027 (i.e., approximately one year after the launch of the IM satellite on which the Company’s product will be placed), and will primarily involve the processing of images of the lunar surface from specific targets, defined jointly by ESA, IM and Scanway, to a level that will enable the images to be stored in ESA databases, used for, among other things, research and scientific purposes, as well as for future exploration missions. As part of their discussions and agreements, the Company and IM have pre-defined specific targets for imaging the Moon.

        Elements of the Company’s proprietary Hydra technology under development, i.e. advanced processing methods and high-performance data analysis, will be used to implement the scope of the Agreement. The synergy of solutions and competencies from the two industries in which the Company operates, i.e. complete systems for quality control in the Industry area and hardware solutions in the Space area, is a significant competitive advantage for the Company. The agreement will be the first opportunity to conduct commercial work in the space sector using Scanway’s competencies developed in the Industry area.

        The product of the Agreement, a lunar image processing system, will be the first commercial project of its kind in Europe. The Company – in partnership with IM – will provide an optical instrument for mapping the lunar surface and – based on the Agreement – a data processing system. According to the Company, this combination represents a unique solution on a European scale and is an example of Scanway’s entry into the downstream segment – the most profitable segment of the space sector.

        Due to the expansion of the Company’s cooperation with IM and ESA, the Agreement may provide a basis for further development and strengthening of cooperation between the entities.

        The news that the key terms of cooperation mentioned above have been agreed with ESA was considered important for the Company, as this will be the first order for processing lunar images from Scanway’s optical instruments. This will allow the Company to acquire further key elements of the optical processing chain, which includes: acquisition, processing, data analysis and event prediction based on the data, which may have a positive impact on Scanway’s further development prospects and financial position in the coming years. The Company’s Board of Directors will announce the signing of the Agreement for the aforementioned contract in a separate current report.

        Jędrzej Kowalewski – President of the Management Board
        Mikołaj Podgórski – Member of the Management Board

        ESPI Current Report No. 9/2025 – Convening the Annual General Meeting of Scanway S.A. for June 30, 2025.

        Current Report No. ESPI 9/2025
        Drafting date: 2025-06-03
        Abbreviated name of the issuer: SCANWAY S.A.

        Subject: Convening of the Annual General Meeting of Scanway S.A. for June 30, 2025.

        Other regulations

        The Board of Directors of Scanway Spółka Akcyjna with its registered seat in Wrocław, “the Company” or “the Issuer” announces that the Ordinary General Meeting of Shareholders of the Issuer has been convened for June 30, 2025, which will commence at 10:00 a.m. at Ruska 3/4 Street, 50-079 Wrocław, KBSR Kamińscy i Partnerzy Notary.
        The detailed agenda of the convened Ordinary General Meeting of Shareholders of the Company includes:

        1. Opening of the Assembly,
        2. Election of the Chairman of the Assembly,
        3. To ascertain the correctness of the convening of the General Meeting and its ability to adopt resolutions,
        4. Adoption of a resolution on the election of the Ballot-Counting Committee or waiving its election,
        5. Adoption of the agenda,
        6. Presentation of the Board of Directors’ report on the Company’s activities, the Company’s financial statements for fiscal year 2024 and the Board of Directors’ proposal for covering the loss for fiscal year 2024,
        7. Presentation of the Supervisory Board’s report for 2024,
        8. adoption of resolutions on:
          a. consideration and approval of the Management Board’s report on the Company’s activities for the 2024 fiscal year,
          b. consideration and approval of the Company’s financial statements for the 2024 fiscal year,
          c. coverage of the net loss for the 2024 fiscal year,
          d. granting the Company’s Management Board Members a discharge of their duties for the 2024 fiscal year,
          e. granting a discharge to the Members of the Company’s Supervisory Board for the performance of their duties in the 2024 fiscal year; f. amending the Company’s Articles of Association;
          g. preparing financial statements in accordance with International Accounting Standards (IAS) and International Financial Reporting Standards (IFRS);
          h. Preparation of consolidated financial statements in accordance with International Accounting Standards (IAS) and International Financial Reporting Standards (IFRS);
          i. Changes in the composition of the Supervisory Board;
          j. Amendments to the Regulations of the General Meeting.
        9. closing of the Assembly.

        The full text of the notice convening the Company’s Annual General Meeting of Shareholders and the contents of the draft resolutions to be adopted at the Issuer’s Annual General Meeting of Shareholders are included in the appendices to the report.

        In addition, in accordance with Article 4023 § 1 of the Commercial Companies Code, the full text of the notice convening the Ordinary General Meeting of Shareholders, along with attachments, including forms for exercising voting rights by proxy, is posted at https://investors.scanway.pl/.
        Detailed legal basis: Articles 402 § 1 and 402 § 2 of the Commercial Companies Code.

        Jędrzej Kowalewski – President of the Management Board
        Mikołaj Podgórski – Member of the Management Board

        ESPI Current Report No. 7/2025 – Notifications of changes in the share of the total number of votes in Scanway.

        Current report no. ESPI 7/2025
        Drafting date: 2025-05-26
        Abbreviated name of the issuer: SCANWAY S.A.

        Subject: Notifications of changes in the share of the total number of votes in Scanway.

        Art. 70 item 1 of the Public Offering Act – acquisition or disposal of a significant block of shares

        The Board of Directors of Scanway S.A. (the “Company”, “Scanway”) announces that today the Company received notifications from the Chairman of the Board of Directors of Scanway and a related family foundation related to the change in the share of the total number of votes in the Company in connection with the share transfer agreement, the contents of which the Company provides in the attachment to this current report.

        Jędrzej Kowalewski – President of the Management Board
        Mikołaj Podgórski – Member of the Management Board

          ESPI Current Report No. 7/2025 – Notifications of changes in the share of the total number of votes in Scanway.

          Current report no. ESPI 7/2025
          Drafting date: 2025-05-26
          Abbreviated name of the issuer: SCANWAY S.A.

          Subject: Notifications of changes in the share of the total number of votes in Scanway.

          Art. 70 item 1 of the Public Offering Act – acquisition or disposal of a significant block of shares

          The Board of Directors of Scanway S.A. (the “Company”, “Scanway”) announces that today the Company received notifications from the Chairman of the Board of Directors of Scanway and a related family foundation related to the change in the share of the total number of votes in the Company in connection with the share transfer agreement, the contents of which the Company provides in the attachment to this current report.

          Jędrzej Kowalewski – President of the Management Board
          Mikołaj Podgórski – Member of the Management Board

            ESPI current report no. 4/2025 K – Further details of information provided in current report no. 4/2025

            Current Report No. ESPI 4/2025
            Drafting date: 2025-04-11
            Abbreviated name of the issuer: SCANWAY S.A.

            Subject: Further details of the information provided in current report No. 4/2025

            Other regulations

            With reference to the ESPI current report No. 4/2025 regarding Scanway S.A.’s role in the CAMILA project implemented by the European Space Agency, as well as in the context of the information provided by Creotech Instruments S.A. in ESPI current reports No. 25/2025 and No. 26/2025, the Board of Directors of Scanway S.A. (the “Company”, “Scanway”) hereby details the information provided in the aforementioned current report published by Scanway.

            Scanway’s current report No. 4/2025, published on April 10, 2025, informed cit: “of the conclusion on April 11, 2025 of a contract (the “Contract”) between Creotech Instruments S.A. (“Creotech”), the leader of a consortium of which Scanway is also one of the participants (collectively, the “Consortium”), and the European Space Agency (“ESA”) for the Country Awareness Mission in Land Analysis (“CAMILA”) project.”

            Meanwhile, formally and legally, Scanway and Creotech are not bound by a consortium agreement, while Creotech acts as the leader of the CAMILA project, and Scanway was included in the tender proposal submitted by Creotech as a recommended subcontractor (subcontractor) for the supply of whole Earth observation instruments (telescopes) for integration in a minimum of two optical satellites, which was favorably evaluated by ESA.

            In connection with the above, the Company provides below the full text of ESPI Current Report No. 4/2025 incorporating the aforementioned detailing:

            “The Board of Directors of Scanway S.A. (the “Company”, “Scanway”) announces that on April 10, 2025, it entered into. Agreement (the “Agreement”) between Creotech Instruments S.A. (“Creotech”) as the leader of the Country Awareness Mission in Land Analysis (“CAMILA”) project and the European Space Agency (“ESA”), in which Scanway was included in the tender proposal submitted by Creotech as a recommended subcontractor (“subcontractor”) for the provision of whole Earth observation instruments (telescopes) for integration in a minimum of two optical satellites, which was favorably evaluated by ESA.

            The value of the Contract between Creotech and ESA is 51,925,511 euros. The purpose of the CAMILA project is to build a constellation of a minimum of three observation satellites, a ground segment, satellite launch and mission management. The aforementioned amount covers the execution of all tasks by Creotech Instruments and individual eight subcontractors, including Scanway, who will be involved in the CAMILA project. The amount of €25,594,951 is attributable to Creotech Instruments, and the amount of €26,330,560 will be allocated to the work planned to be performed by the eight subcontractors enlisted for the project by Creotech Instruments. Contracts with the subcontractors, will be concluded directly by Creotech Instruments.

            As part of the CAMILA project, Scanway’s role in the bidding process has been set to provide whole Earth observation instruments (telescopes) for integration in a minimum of two optical satellites. The implementation of the subject of Creotech Instruments’ contract with ESA is scheduled from April 2025 and will end in December 2027.

            The Company will report on further significant steps in the implementation of the CAMILA project, including, in particular, the signing of an executive agreement between Scanway and Creotech, which will regulate the detailed principles of cooperation – including financial settlements – between Creotech as the leader of the CAMILA project and Scanway as a subcontractor of the project, in subsequent current reports.

            The execution of the CAMILA project is part of one of the Company’s strategic directions of offering its solutions to large public projects and is a direct result of the experience gained from the STAR VIBE, EagleEye, PIAST projects and, above all, the commercial orders carried out by Scanway on behalf of customers from all over the world.”

            Jędrzej Kowalewski – President of the Management Board
            Mikołaj Podgórski – Member of the Management Board

              ESPI current report no. 4/2025 K – Further details of information provided in current report no. 4/2025

              Current Report No. ESPI 4/2025
              Drafting date: 2025-04-11
              Abbreviated name of the issuer: SCANWAY S.A.

              Subject: Further details of the information provided in current report No. 4/2025

              Other regulations

              With reference to the ESPI current report No. 4/2025 regarding Scanway S.A.’s role in the CAMILA project implemented by the European Space Agency, as well as in the context of the information provided by Creotech Instruments S.A. in ESPI current reports No. 25/2025 and No. 26/2025, the Board of Directors of Scanway S.A. (the “Company”, “Scanway”) hereby details the information provided in the aforementioned current report published by Scanway.

              Scanway’s current report No. 4/2025, published on April 10, 2025, informed cit: “of the conclusion on April 11, 2025 of a contract (the “Contract”) between Creotech Instruments S.A. (“Creotech”), the leader of a consortium of which Scanway is also one of the participants (collectively, the “Consortium”), and the European Space Agency (“ESA”) for the Country Awareness Mission in Land Analysis (“CAMILA”) project.”

              Meanwhile, formally and legally, Scanway and Creotech are not bound by a consortium agreement, while Creotech acts as the leader of the CAMILA project, and Scanway was included in the tender proposal submitted by Creotech as a recommended subcontractor (subcontractor) for the supply of whole Earth observation instruments (telescopes) for integration in a minimum of two optical satellites, which was favorably evaluated by ESA.

              In connection with the above, the Company provides below the full text of ESPI Current Report No. 4/2025 incorporating the aforementioned detailing:

              “The Board of Directors of Scanway S.A. (the “Company”, “Scanway”) announces that on April 10, 2025, it entered into. Agreement (the “Agreement”) between Creotech Instruments S.A. (“Creotech”) as the leader of the Country Awareness Mission in Land Analysis (“CAMILA”) project and the European Space Agency (“ESA”), in which Scanway was included in the tender proposal submitted by Creotech as a recommended subcontractor (“subcontractor”) for the provision of whole Earth observation instruments (telescopes) for integration in a minimum of two optical satellites, which was favorably evaluated by ESA.

              The value of the Contract between Creotech and ESA is 51,925,511 euros. The purpose of the CAMILA project is to build a constellation of a minimum of three observation satellites, a ground segment, satellite launch and mission management. The aforementioned amount covers the execution of all tasks by Creotech Instruments and individual eight subcontractors, including Scanway, who will be involved in the CAMILA project. The amount of €25,594,951 is attributable to Creotech Instruments, and the amount of €26,330,560 will be allocated to the work planned to be performed by the eight subcontractors enlisted for the project by Creotech Instruments. Contracts with the subcontractors, will be concluded directly by Creotech Instruments.

              As part of the CAMILA project, Scanway’s role in the bidding process has been set to provide whole Earth observation instruments (telescopes) for integration in a minimum of two optical satellites. The implementation of the subject of Creotech Instruments’ contract with ESA is scheduled from April 2025 and will end in December 2027.

              The Company will report on further significant steps in the implementation of the CAMILA project, including, in particular, the signing of an executive agreement between Scanway and Creotech, which will regulate the detailed principles of cooperation – including financial settlements – between Creotech as the leader of the CAMILA project and Scanway as a subcontractor of the project, in subsequent current reports.

              The execution of the CAMILA project is part of one of the Company’s strategic directions of offering its solutions to large public projects and is a direct result of the experience gained from the STAR VIBE, EagleEye, PIAST projects and, above all, the commercial orders carried out by Scanway on behalf of customers from all over the world.”

              Jędrzej Kowalewski – President of the Management Board
              Mikołaj Podgórski – Member of the Management Board

              ESPI Current Report No. 4/2025 – Selection of a consortium that includes Scanway S.A. to implement the CAMILA project from the European Space Agency.

              Current Report No. ESPI 4/2025
              Drafting date: 2025-04-10
              Abbreviated name of the issuer: SCANWAY S.A.

              Subject: Selection of a consortium including Scanway S.A. to implement the CAMILA project from the European Space Agency.

              MAR Article 17.1 – confidential information.

              The Board of Directors of Scanway S.A. (the “Company”, “Scanway”) announces that on April 11, 2025, a contract (the “Agreement”) was concluded between Creotech Instruments S.A. (“Creotech”), the leader of a consortium of which Scanway is also one of the participants (collectively, the “Consortium”), and the European Space Agency (“ESA”) for the Country Awareness Mission in Land Analysis (“CAMILA”) project.

              The value of the Contract between the Consortium (on whose behalf the Contract was signed by Creotech) and ESA, is 51,925,511 euros. The purpose of the CAMILA project is to build a constellation of a minimum of three observation satellites, a ground segment, satellite launches and mission management. The aforementioned amount covers the implementation of all tasks by the entire Consortium. As part of the Consortium, Scanway is responsible for providing entire Earth observation instruments (telescopes) for integration in a minimum of two optical satellites. Implementation of the subject of the Agreement is scheduled from April 2025 and will end in December 2027.

              The Company will report on further significant steps in the implementation of the CAMILA project, including, in particular, the signing of an executive agreement between Scanway and Creotech, which will regulate the detailed principles of cooperation – including financial settlements – between Creotech as the leader of the Consortium and Scanway as a participant in the Consortium, in subsequent current reports.

              The execution of the CAMILA project is part of one of the Company’s strategic directions of development regarding offering its solutions to large public projects and is a direct result of the experience gained from the STAR VIBE, EagleEye, PIAST projects and, above all, the commercial orders carried out by Scanway for clients from all over the world.

              Jędrzej Kowalewski – President of the Management Board
              Mikołaj Podgórski – Member of the Management Board

              ESPI Current Report No. 3/2025 – Receipt of an order for vision systems for vision inspection in the food industry.

              Current report no. ESPI 3/2025
              Drafting date: 2025-03-14
              Abbreviated name of the issuer: SCANWAY S.A.

              Subject: Receiving an order for vision systems for vision inspection in the food industry.

              MAR Article 17.1 – confidential information.

              The Board of Directors of Scanway S.A. (the “Company”) announces that on March 14, 2025, it signed an order (the “Order”) with FABIOS S.A., a Polish company operating in the food industry. (“Fabios”). The subject of the Order is the implementation of vision systems (the “System”) for the inspection of manufactured protein casing on two process lines at Fabios’ production facility. The system will allow continuous inspection of protein casings and verification of detected defects by type, size and location using advanced imaging technologies and artificial intelligence algorithms.

              The value of the Order is 71,110 euros, and the execution time of the Order is 5 months. The Order is a continuation of the cooperation between the Company and Fabios, which was initiated with the first implementation in 2022 and another in 2024. As of the date of publication of the current report, the Company is carrying out another implementation of lesser value for Fabios. The total value of orders received by Scanway from Fabios in 2025 is €119,610.

              Other terms and conditions of execution of the Order do not differ from the provisions characteristic of this type of cooperation.

              The cooperation with Fabios is part of the Company’s strategy to offer products to customers in various industries, including the food industry. The solutions included in the continuous production control system are the same as the Hydra product being developed by Scanway, and the food branch is one of the Company’s business priorities.

              Fabios is a manufacturer of traditional and edible, straight and garland collagen casings and collagen film. Collagen casings are produced in a variety of types, calibers, colors and go to meat plants in Poland, the European Union, as well as Eastern European countries, Asia, America and Australia. Fabios is one of the largest production facilities in the southern Małopolska region, and the company’s success is related to its consistent policy of improving and developing the technological process, respect for the environment, educated staff and, above all, constant monitoring of customers’ needs and expectations.

              Jędrzej Kowalewski – President of the Management Board
              Radosław Charytoniuk – Member of the Management Board

              ESPI Current Report No. 2/2025 – Entering into an agreement with Nara Space Technology for flight testing of the Earth observation instrument under the NarSha project.

              Current report no. ESPI 2/2025
              Drafting date: 2025-03-07
              Abbreviated name of the issuer: SCANWAY S.A.

              Subject: Entering into an agreement with Nara Space Technology for flight tests of the NarSha Earth observation instrument.

              MAR Article 17.1 – confidential information.

              The Board of Directors of Scanway S.A. (the “Company”, “Scanway”) announces that on March 7, 2025 it entered into a contract (the “Contract”) with Nara Space Technology, based in South Korea. The subject of the Agreement is to conduct flight tests of the first piece of the supplied Earth observation instrument, consisting of two telescopes, allowing imaging of the Earth in the visible and infrared bands for detection of methane emissions. Flight testing is scheduled to be completed by the end of the third quarter of 2025.

              The conclusion of the Agreement is the second extension of the contract for the NarSha project, concluded with Nara Space Technology on May 13, 2024, as reported by the Company in current report No. 3/2024 and No. 21/2024. As part of the NarSha project, the Company will also provide a second copy of the flight model of the instrument, as reported in current report No. 22/2024 dated 16/12/2024.

              The value of the Agreement is US$285,100. In terms of provisions regarding possible contractual penalties, warranty provisions, product liability, etc. The Agreement does not deviate from market standards relating to these issues.

              Conducting flight tests is a necessary activity to confirm the functionality and performance of the Earth observation instrument under imaging conditions of real methane emissions. The tests will be conducted on the so-called engineering model of the instrument.

              The agreement and previous contracts, which the Company reported on in Current Report No. 3/2024, No. 21/2024 and No. 22/2024, are being carried out as part of the NarSha project – Korea’s first project to monitor methane using a satellite equipped with advanced optical instruments. The project is being carried out by a consortium of companies: Nara Space Technology (leader), Climate Technology Center of Seoul National University, Korea Astronomy and Space Science, Scanway S.A., and has secured financing from the Korea Development Bank, among others. The project is being developed to build a constellation of at least 6-12 microsatellites. Scanway’s further participation in the construction of a future constellation based on the optical instruments under development will be the subject of a possible separate contract for the supply of further telescopes.

              The Company’s participation in constellation projects is part of building a recurring order book by providing instruments to satellites that form constellations, and in the future to potential satellites that will replace existing constellations. According to the market feature of satellites launched into LEO (Low Earth Orbit), their life cycle is about 3-5 years, after which they need to be replaced by new satellites.

              Jędrzej Kowalewski – President of the Management Board
              Michał Zięba – Member of the Management Board

              ESPI Current Report No. 1/2025 – Notifications of changes in the share of the total number of votes in Scanway

              Current report no. ESPI 1/2025
              Drafting date: 2025-01-02
              Abbreviated name of the issuer: SCANWAY S.A.

              Subject: Notifications of changes in the share of the total number of votes in Scanway

              Art. 70 item 1 of the Public Offering Act – acquisition or disposal of a significant block of shares

              The Board of Directors of Scanway S.A. (the “Company”, “Scanway”) announces that today the Company received from the Chairman of the Board of Directors of Scanway and the family foundation controlled by him notifications related to the change of the share in the total number of votes in the Company in connection with the registration by the District Court for Wroclaw Fabryczna in Wroclaw, VI Economic Department of the National Court Register of an increase in the Company’s share capital from PLN 129,000 to PLN 139,500 by issuing 100,000 series D shares and 5,000 series E shares with a nominal value of PLN 0.10 per share.

              In accordance with the notifications received, currently Mr. Jędrzej Kowalewski, Chairman of the Board of Scanway, holds a total of 276,834 shares in the Company, which constitutes 19.84% of the Company’s share capital and constitutes the same share in the total number of votes in the Company, including directly Mr. Jędrzej Kowalewski holds 176.834 shares of the Company, which constitutes 12.68% of the Company’s share capital and constitutes the same share in the total number of votes in the Company, and indirectly through the family foundation he controls, Mr. Jędrzej Kowalewski holds 100,000 shares, which constitutes 7.17% of the Company’s share capital and constitutes the same share in the total number of votes in the Company.

              The contents of the notices received are provided by the Company in the appendix to this current report.

              Jędrzej Kowalewski – President of the Management Board
              Mikołaj Podgórski – Member of the Management Board

              ESPI Current Report No. 23/2024 – Commencement of Phase 0/A of the Mani lunar project

              Current Report No. ESPI 24/2024
              Drafting date: 2024-12-23
              Abbreviated name of the issuer: SCANWAY S.A.

              Subject: Start of phase 0/A of the Mani lunar project

              MAR Article 17.1 – confidential information.

              The Board of Directors of Scanway S.A. (the “Company”, “Scanway”) announces the start of cooperation with the University of Copenhagen, Denmark, on 23.12.2024. The subject of the cooperation is Scanway’s participation in the implementation of the initial Phase A lunar mission named Mani, carried out within the framework of the European Space Agency’s (“ESA”) Small Lunar Missions program.

              The consortium implementing the Mani project includes the University of Copenhagen (consortium leader), Scanway and the Danish company Space Inventor A/S, with which the Company has entered into a cooperation agreement, communicated in ESPI Current Report No. 8/2024.

              The value of the entire preliminary phase A contract accruing to the consortium from ESA funds is €150,000, of which about 30% of these funds will accrue to the Company. The works are planned until the end of the first half of 2025. Upon their completion, ESA will decide whether the Mani project will continue under subsequent phases.

              Mani is a project to perform photometric mapping of the Moon’s surface with the highest spatial resolution to date – at the micrometer scale. Improving the precision of topographic maps of the Moon will allow better preparation of exploration missions, and verification of the photometric potential of the solution can support future missions to further regions of space. The project assumption is that Scanway will use its existing solutions, developed, among others, as part of the SEMOViS project, about which the Company reported in ESPI Current Report No. 7/2024, for the Mani mission.

              The Mani project is being carried out as part of the European Space Agency’s Terrae Novae program, which aims to develop space exploration, including the Moon. Seven projects selected from 62 submissions, including the Mani project, have been shortlisted for the initial Phase A. Ultimately, the European Space Agency will select up to 2 projects in the Small Lunar Missions program to be launched within 4-4.5 years, with the total cost of implementing each project closing in on €50 million.

              In 2023, Poland increased its contribution to ESA’s European Exploration Envelope Program by €100 million, which is a key operational tool for the strategic directions set by the Terrae Novae program.

              In the Company’s view, Scanway’s involvement in the Mani project could have a significant impact on future financial developments in the event that the project is selected for further phases by ESA, and by opening up new development prospects beyond the low Earth orbit and EO (Earth Observation) domains.

              Jędrzej Kowalewski – President of the Management Board
              Mikołaj Podgórski – Member of the Management Board

              ESPI Current Report No. 23/2024 – Receipt of an order for a lunar observation instrument from Intuitive Machines of the US included in the NASDAQ index

              Current Report No. ESPI 23/2024
              Drafting date: 2024-12-20
              Abbreviated name of the issuer: SCANWAY S.A.

              Subject: Receiving an order for a lunar observation instrument from Intuitive Machines of the US included in the NASDAQ index

              MAR Article 17.1 – confidential information.

              The Board of Directors of Scanway S.A. (the “Company”, “Scanway”) announces that it has received an order (the “Order”) from Intuitive Machines (“IM”), a US company included in the NASDAQ index, on December 19, 2024. The subject of the Order is Scanway’s supply of a lunar observation instrument for the IM satellite, scheduled for launch in late 2025. The IM space vehicle is the first satellite within NASA’s contracted constellation of satellites for lunar telecommunications.

              The Company’s expected receipt of funds from the Order in the order of several hundred thousand USD on the basis of the agreed schedule will occur in 2025. With regard to other provisions including, among others, those relating to possible contractual penalties, warranty provisions, product liability, etc. The order does not deviate from market standards pertaining to these issues and commonly used in this type of procurement. Cooperation with Intuitive Machines may be expanded in the future, including with the possible support of European and/or national institutions, to place more instruments on new IM satellites flying to the Moon.

              Intuitive Machines is a leading U.S. company, listed on NASDAQ with a capitalization of about $1.93 billion (as of Dec. 19, 2024), engaged in space exploration and lunar infrastructure construction (specializing in the development of advanced lunar landers, cislunar communication systems and the development of navigation services for space missions). In February 2024, it made history as the first private organization to land on the Moon. The company’s vision is to support the commercialization of space through innovative technologies and collaboration with the private and public sectors. Intuitive Machines is developing infrastructure that opens up new opportunities for lunar exploration, space exploration and future interplanetary missions.

              The mission, which will send Scanway’s telescope along with IM into lunar orbit in 2025, is the result of IM’s winning a NASA contract worth a maximum of $4.82 billion.

              The implementation of the project with IM is in line with Scanway’s long-term strategic goals, which include positioning the Company as a leader in optical instruments for use in new space industries – in this case, the lunar economy, whose value growth in the decade from 2023 to 2032 will be about 50% (according to Euroconsult Report, September 2023 4th Edition, “Prospects for Space Exploration. An economic and strategic assessment of the space exploration sector. Moon Exploration Focus”). Scanway’s and IM’s intention is to possibly continue their cooperation and use Scanway’s optical competencies for future IM missions.

              Receipt of the IM Order could potentially have a significant impact on Scanway’s development prospects and financial position in the coming years.

              Jędrzej Kowalewski – President of the Management Board
              Mikołaj Podgórski – Member of the Management Board

              ESPI Current Report No. 22/2024 – Entering into an agreement with Nara Space Technology for another Earth observation instrument as part of the NarSha project

              Current Report No. ESPI 22/2024
              Drafting date: 2024-12-16
              Abbreviated name of the issuer: SCANWAY S.A.

              Subject:Contracting with Nara Space Technology for another Earth observation instrument under the NarSha project

              MAR Article 17.1 – confidential information.

              The Board of Directors of Scanway S.A. (the “Company”, “Scanway”) announces that on December 16, 2024, it entered into a contract (the “Agreement”) with Nara Space Technology, based in South Korea. The subject of the Contract is the delivery of another model of a flightable Earth observation instrument consisting of two telescopes, allowing imaging of the Earth in the visible and infrared bands for the detection of methane emissions. The telescopes are scheduled for delivery in the first half of 2026.

              The conclusion of the Agreement is an extension of the contract for the NarSha project concluded with Nara Space Technology on May 13, 2024, about which the Company reported in current reports No. 3/2024 and No. 21/2024.
              The value of the Agreement is €707,500. The Company’s expected receipt of funds from the execution of the Agreement based on the agreed schedule will be approximately €0.3 million in 2025 and approximately €0.4 million in 2026. The last payment will be made after the launch of the instrument in orbit. In terms of provisions regarding possible contractual penalties, warranty provisions, product liability, etc. The agreement does not deviate from market standards relating to these issues.

              Scanway’s telescopes will replicate the solution being developed under the first contract with Nara Space Technology, which the Company reported in current report No. 3/2024, and then No. 21/2024 in which it announced that it had reached the milestone of completing the CDR (Critical Design Review) phase and proceeding to the construction phase of the instrument’s engineering model. The scope of the Contract entered into on December 16, 2024 relates to the construction of the flight model only, as work of an R&D nature, including the construction of the engineering model, was part of the contract entered into on May 13, 2024.

              The agreement and the previous contract, which the Company reported on in Current Report No. 3/2024 and No. 21/2024, are being carried out as part of the NarSha project – Korea’s first project to monitor methane using a satellite equipped with advanced optical instruments. The project is being carried out by a consortium of companies: Nara Space Technology (leader), Climate Technology Center of Seoul National University, Korea Astronomy and Space Science, Scanway S.A., and has secured financing from the Korea Development Bank, among others. The project is being developed to build a constellation of at least 6-12 microsatellites. Scanway’s further participation in the construction of a future constellation based on the optical instruments under development will be the subject of a possible separate contract for the supply of further telescopes.

              The signing of the contract for another Earth observation instrument within the NarSha project is a confirmation of the Company’s high competence and is in line with its strategic direction of development which includes participation in constellation projects. The NarSha project is being developed with a view to building a constellation of at least 6-12 microsatellites, and the cooperation between Scanway and Nara Space Technology has the potential for further expansion in the future. The Company’s participation in constellation projects is part of building a repeatable order book by providing instruments for satellites that form constellations, and in the future for potential satellites that will replace existing constellations. According to the market feature of satellites launched into LEO (Low Earth Orbit), their life cycle is about 3-5 years, after which they need to be replaced by new satellites.

              Jędrzej Kowalewski – President of the Management Board
              Mikołaj Podgórski – Member of the Management Board

              ESPI Current Report No. 21/2024 – Achieving a milestone in the NarSha project with Nara Space Technology and completing the CDR phase

              Current Report No. ESPI 21/2024
              Drafting date: 2024-11-28
              Abbreviated name of the issuer: SCANWAY S.A.

              Subject: NarSha project milestone reached with Nara Space Technology and CDR phase completed

              MAR Article 17.1 – confidential information.

              With reference to the ESPI current report No. 3/2024 regarding the conclusion of a Contract with Nara Space Technology (“Nara Space”), the Board of Directors of Scanway S.A. (the “Company”, “Scanway”) announces the achievement of a paid milestone in the execution of the aforementioned contract with Nara Space as of November 28, 2024. Scanway has successfully closed the so-called Critical Design Review (CDR) completing the design phase. This marks the inflow to the Company this year of additional funds in the amount of approximately €0.5 million resulting from the faster-than-scheduled completion of the design phase, and also results in the transition to the next phase of the Contract consisting of preparations for the construction of the engineering model of the optical instrument.

              The next milestones are scheduled to be achieved in the first and third quarters of 2025, with an expected total impact of €0.25 million. The last milestones will be achieved in 2026, with an estimated impact of €0.25 million from their achievement.

              Scanway recalls that the subject of the Agreement with Nara Space is the Company’s delivery of an Earth observation instrument consisting of two telescopes, allowing imaging of the Earth in the visible and infrared bands for the detection of methane emissions. The telescopes are scheduled for delivery in 2026, and the value of the Agreement is €1,708,500. Payments received to date for the execution of the Agreement, taking into account the aforementioned amount of approximately €0.5 million of the upcoming tranche for the completion of the CDR phase, will amount to approximately €1.2 million.

              The contract is being implemented within the framework of the NarSha project – the first Korean project to monitor methane using a satellite equipped with advanced optical instruments. The project is being carried out by a consortium of Korean companies and has secured financing from the Korea Development Bank, among others. The project is being developed with a view to building a constellation of at least 6-12 microsatellites.

              The implementation of the project with Nara Space is part of Scanway’s strategic development directions, which include offering its solutions to constellation projects in order to build repeat orders for the Company’s products. Scanway and Nara Space’s intention is to continue their cooperation, and Scanway’s potential participation in the construction of a future constellation based on the solutions implemented in the demonstration satellite will be the subject of a possible separate contract for the supply of the Company’s next telescopes.

              The Company will report on further significant milestones related to the implementation of the Agreement and cooperation with Nara Space through relevant reports.

              The information about the achievement of a milestone in the NarSha project has been classified by the Company as confidential information, due to its possible significant impact on the development of Scanway’s financial position and growth prospects.

              Jędrzej Kowalewski – President of the Management Board
              Mikołaj Podgórski – Member of the Management Board

              ESPI Current Report No. 20/2024 – Notification of transaction of an obligated person and closely related person received pursuant to Article 19 MAR.

              Current Report No. ESPI 20/2024
              Drafting date: 2024-11-20
              Abbreviated name of the issuer: SCANWAY S.A.

              Subject: Notification of transaction of an obligated person and a closely related person received pursuant to Article 19 MAR.

              The Board of Directors of Scanway S.A. (the “Company”, “Scanway”) announces that the Company has received a notification notice prepared in accordance with Article 19 of MAR from a person close to the Chairman of the Company’s Board of Directors (family foundation) related to the signing of an agreement to acquire 100.000 shares of the Company in connection with the increase of the Company’s share capital carried out on the basis of Resolution No. 4 of Scanway’s Extraordinary General Meeting of November 13, 2024 on increasing the Company’s share capital depriving existing shareholders of their pre-emptive rights in full, dematerialization of shares within the meaning of the Act on Trading in Financial Instruments, introduction of shares of the new issue to trading in the alternative trading system and amendment of the Company’s Articles of Association.

              The content of the notification received is provided by the Company in the appendix to this current report.

              Jędrzej Kowalewski – President of the Management Board
              Michał Zięba – Member of the Management Board

                ESPI Current Report No. 15/2024 – Information on completion of the accelerated book building process for the Company’s shares

                Current Report No. ESPI 15/2024
                Drafting date: 2024-10-07
                Abbreviated name of the issuer: SCANWAY S.A.

                Subject: Information on completion of the accelerated book building process for the Company’s shares

                THIS CURRENT REPORT AND THE INFORMATION CONTAINED HEREIN IS NOT FOR DISTRIBUTION, PUBLICATION OR DISSEMINATION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN ANY PART, IN THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, THE REPUBLIC OF SOUTH AFRICA, JAPAN OR ANY OTHER JURISDICTION WHERE SUCH DISTRIBUTION, PUBLICATION OR DISSEMINATION WOULD BE UNLAWFUL. THIS CURRENT REPORT IS FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE AN OFFER OF SECURITIES IN ANY JURISDICTION. PLEASE READ THE IMPORTANT INFORMATION AT THE END OF THIS REPORT.

                The Management Board of Scanway S.A., based in Wrocław, Poland (the “Issuer” or the “Company”) announces, with reference to current report No. 13/2024, that on October 7, 2024 it received information from Jędrzej Kowalewski, a shareholder of the Issuer – Family Foundation (the “Shareholder“), that the accelerated book building process (“ABB“) for the Issuer’s shares has been completed.

                According to the information provided, as a result of the ABB process, the sale price of the Company’s shares was set at PLN 35 per share.

                In total, as a result of the ABB process, the Shareholder will sell 100,000 shares in the Company, representing 7.75% of the Company’s share capital, entitling to 100,000 (7.75%) votes at the Company’s General Meeting of Shareholders (the “Sold Shares“). The sale transactions will be concluded by October 8, 2024 and settled by October 9, 2024.

                The Sale Shares will be sold in performance of the Investment Agreement entered into by the Company and the Shareholder on October 7, 2024 (the “Investment Agreement“), which the Company announced in the aforementioned current report. Pursuant to the Investment Agreement, the Shareholder will subscribe for 100,000 Series D ordinary bearer shares of the Company with a par value of PLN 0.10 each (“NewIssue Shares”) at a unit issue price equal to the sale price of the Sale Shares. The New Issue Shares will be offered to the Shareholder on the basis of a resolution on increasing the Company’s share capital depriving existing shareholders of their subscription rights in full, dematerialization of shares within the meaning of the Financial Instruments Trading Act, introduction of the New Issue Shares to trading in the alternative trading system and amendment of the Company’s Articles of Association, which will be discussed at the Extraordinary General Meeting convened for November 13, 2024 (the “Issue Resolution“).

                In addition, the Shareholder agreed to pay all of the funds raised from the sale of the Sale Shares to the Company as an advance payment on the subscription price for the New Issue Shares, within 5 business days from the crediting of his account with the amount of the sale price of the relevant block of Sale Shares.

                Jędrzej Kowalewski – President of the Management Board
                Michał Zięba – Member of the Management Board

                ESPI Current Report No. 14/2024 – Convening an Extraordinary General Meeting for November 13, 2024

                Current Report No. ESPI 14/2024
                Drafting date: 2024-10-07
                Abbreviated name of the issuer: SCANWAY S.A.

                Subject: Convening of Extraordinary General Meeting for November 13, 2024

                Legal basis: § 4(2)(1) and (3) of Appendix No. 3 to the ATS Regulations “Current and periodic information provided in the Alternative Trading System on the NewConnect market”.

                The Board of Directors of Scanway Spółka Akcyjna, seated in Wrocław (the “Company” or the “Issuer“) announces that an Extraordinary General Meeting of Shareholders has been convened for November 13, 2024, to commence at 11:00 am at the Notary’s Office KBSR Kamiński i Partnerzy Notariusze Spółka Partnerska at the following address: ul. Ruska 3/4, 50-079 Wrocław.

                The detailed agenda of the convened Annual General Meeting of Shareholders of the Company includes:

                1. opening of the Assembly,
                2. election of the Chairman of the Assembly,
                3. ascertain the correctness of the convening of the General Meeting and its ability to adopt resolutions,
                4. adoption of a resolution on the election of the Ballot-Counting Committee or waiving its election,
                5. adoption of the agenda,
                6. adoption of a resolution on increasing the Company’s share capital depriving existing shareholders of their pre-emptive rights in full, dematerialization of shares within the meaning of the Act on Trading in Financial Instruments, introduction of shares of a new issue to trading in an alternative trading system and amendment of the Company’s Articles of Association,
                7. adoption of a resolution on applying for admission and introduction of series A, B, C and D shares to trading on a regulated market operated by the Warsaw Stock Exchange,
                8.. adoption of a resolution to amend the Company’s Articles of Association;
                9. closing of the Meeting.

                The full text of the notice convening the Company’s Annual General Meeting of Shareholders and the contents of the draft resolutions to be adopted at the Issuer’s Extraordinary General Meeting of Shareholders are included in the appendices to the report.

                In addition, in accordance with Article 402 § 3 of the Commercial Companies Code, the full text of the notice convening the Extraordinary General Meeting, along with attachments, including forms for exercising the right to vote by proxy, was posted on the website https://investors.scanway.pl/.

                Jędrzej Kowalewski – President of the Management Board
                Michał Zięba – Member of the Management Board

                    ESPI Current Report No. 3/2024 – Entering into an agreement with Nara Space Technology

                    Current Report No. ESPI 3/2024
                    Date of preparation: 2024-05-13
                    Abbreviated name of issuer: SCANWAY S.A.Subject: Conclusion of a cooperation agreement with a Korean company.

                    The Board of Directors of Scanway S.A. _”Company”, “Scanway”_ announces that on May 13, 2024, it entered into a contract _”Agreement”_ with Nara Space Technology, based in South Korea. The subject matter of the Agreement is the Company’s delivery of an Earth observation instrument consisting of two telescopes that allow imaging of the Earth in the visible and infrared bands for the detection of methane emissions. The telescopes are scheduled for delivery in 2026.

                    The value of the Agreement is €1,708,500. The Company’s expected receipt of funds from the execution of the Agreement on the basis of the agreed schedule will be approximately EUR 0.7 million in 2024, approximately EUR 0.75 million in 2025 and approximately EUR 0.25 million in 2026. In terms of provisions regarding possible contractual penalties, warranty provisions, product liability, etc., the Agreement does not deviate from market standards relating to these issues.

                    The conclusion of the Agreement follows the cooperation agreement signed on 30/01/2024, which the Company announced in current report No. 2/2024, under which the Company’s involvement in the NarSha project – Korea’s first project to monitor methane with a satellite equipped with advanced optical instruments – was planned. The main objective of this project is to build a constellation of satellites for a global infrastructure for monitoring point sources of methane in near real time, with spatial resolution at the local level. The subject of the contract is the development of a telescope for the first demonstration K3M _Korea Methane Monitoring Microsatellite_ of 16U* size for methane monitoring, which is optimized for implementation of its mass production. Scanway was selected for the NarSha project after a positive review by the entire consortium: the Nara Space Technology _leader_, the Climate Technology Center of Seoul National University and the Korea Astronomy and Space Science Institute. The project has secured financing from the Korea Development Bank and investors, among others. The first satellite is scheduled to be launched in the fourth quarter of 2026, and after the success of the demonstration satellite, at least 6-12 more microsatellites are planned to be launched under the program. Scanway and Nara Space Technology’s intention is to continue their cooperation, and Scanway’s potential participation in the construction of a future constellation based on the solutions implemented in the demonstration satellite will be the subject of a possible separate contract for the delivery of the Company’s next telescopes.

                    The cooperation with Nara Space Technology is part of the Company’s strategy to offer its products outside the European market. Due to the technological specifications of the offered solution, i.e. SWIR infrared band observations, the signed Agreement will allow the Company to offer analogous products in the future for other customers interested in environmental monitoring of the Earth.

                    Nara Space Technology is a Korean technology company specializing in nanosatellites, remote sensing and artificial intelligence, founded in 2015. Over the years, it has participated in a number of space projects, including the construction of infrastructure for the space industry in Busan, the development of BusanSat, and in February 2021, it joined NASA’s CLPS mission, where it worked on a magnetic field measurement instrument.

                    *U – unit, English, – unit of volume used in defining the size of CubeSat class nanosatellites, 1U = 10 x 10 x 10 cm.

                    Michał Zięba – President of the Management Board
                    Mikołaj Podgórski – Member of the Management Board

                    ESPI current report no. 2/2024 – Conclusion of a cooperation agreement with a Korean company

                    Current Report No. ESPI 2/2024
                    Date of preparation: 2024-01-30
                    Abbreviated name of issuer: SCANWAY S.A.Subject: Conclusion of a cooperation agreement with a Korean company.

                    The Board of Directors of Scanway S.A. _”Company”, “Scanway”_ announces that on January 30, 2024, the Company signed a cooperation agreement with one of Korea’s leading entities in satellite manufacturing, remote sensing and artificial intelligence, Nara Space Technology.

                    The goal of the cooperation is to develop a microsatellite system for Earth observation, develop optical instruments and develop observation payloads for the NarSha project – the first Korean project to monitor methane using a satellite equipped with advanced optical instruments. The project is being carried out by a consortium of Korean companies and has secured financing from the Korea Development Bank, among others.

                    Under the established cooperation, the parties intend to develop the first demonstration microsatellite. The microsatellite is expected to achieve high spatial and temporal resolution imaging for global and point sources of methane. This is expected to improve the current observational capabilities of greenhouse gas emitters from space in order to solve the climate crisis and reduce methane emissions. The microsatellite is to be equipped with an optical instrument for detecting methane plumes in the visible _VIS_, near-infrared _NIR_ and short-wave infrared _SWIR_ bands. The spectral resolution of the imaging instrument is expected to be as low as less than 1 nanometer, and the minimum spatial resolution at an altitude of 500 km is 30 meters. The mass of the satellite will be a minimum of 32 kg.

                    The launch of the first demonstration satellite is scheduled for the fourth quarter of 2026, and after the eventual success of the demonstration satellite, it is planned to launch at least 6-12 more microsatellites also with Scanway’s participation.

                    The conclusion of the aforementioned agreement represents another step for the Company to broadly commercialize its systematically expanding product portfolio and enter an important new market outside Europe.

                    Jędrzej Kowalewski – President of the Management Board
                    Mikołaj Podgórski – Member of the Management Board

                    ESPI Current Report No. 1/2024 – Update on Scanway S.A.’s preparation of an optical telescope as part of the EagleEye space project.

                    Current report no. ESPI 1/2024
                    Drafting date: 2024-01-25
                    Issuer’s abbreviated name: SCANWAY S.A.Subject: Update on Scanway S.A.’s preparation of an optical telescope for the EagleEye space project.
                    Legal basis
                    MAR Article 17.1 – confidential information.
                    Content of the report:
                    The Board of Directors of Scanway S.A. _”Company”, “Scanway”_ announces that as part of the Company’s implementation as a consortium member of one of the largest space projects in Poland entitled EagleEye microsatellite system, on January 25, 2024, after the optical telescope was handed over for integration with the satellite platform at the partner’s facility – Creotech Instruments _Consortium Leader_, it passed functional tests. This represents an important milestone in the implementation of the aforementioned project co-funded by NCBiR.
                    Within the framework of the aforementioned project, Scanway is responsible for the design and manufacture of the optical telescope, which, after integration with the HyperSat satellite platform from the Consortium Leader, as a whole satellite will undergo functional and environmental tests, and a positive result of these tests will enable the satellite to be sent to the company responsible for the integration of the EagleEye satellite with the Falcon 9 rocket from SpaceX.
                    The satellite launch is scheduled for late H1/2024, the final date will be determined by the availability of launch windows from SpaceX.
                    The handover of the Scanway-prepared optical telescope for the EagleEye satellite project is a milestone for the Company in realizing its long-term product vision of providing telescopes for increasingly larger satellites. After integration with the telescope, the weight of the entire satellite will be about 60 kg. The microsatellite equipped with the Scanway optical telescope will be capable of providing imaging with a resolution of about 1 meter from a target orbit of 350 km.Jędrzej Kowalewski – President of the Management Board
                    Mikołaj Podgórski – Member of the Management Board

                    ESPI Current Report No. 3/2023 – Conclusion of a contract for the delivery of two telescope models in the Asian market SCANWAY S.A.

                    Current Report No. ESPI 3/2023
                    Drafting date: 2023-12-21
                    Abbreviated name of the issuer: SCANWAY S.A.

                    Subject: Contracting for the supply of two telescope models in the Asian market

                    The Board of Directors of Scanway S.A. _”Company”_ announces the signing of a contract _”Agreement”_ with Ghalam LLP _”Ghalam”_ on December 21, 2023. The subject of the Agreement is the Company’s supply of two telescope models – an optical system and an electronic subsystem for data acquisition from an optoelectronic sensor – that can be integrated into a nanosatellite, as well as engineering support in the entire process of design, integration and testing of the telescopes and nanosatellites. The telescopes will be made in the class of engineering model and flight model.

                    The value of the Agreement is €185,500, and the execution time of the subject of the Agreement is 12 months.

                    Other terms and conditions of implementation of the Agreement do not differ from the provisions characteristic of this type of agreement.

                    The cooperation with Ghalam is part of the Company’s strategy to offer its products outside the European market, in countries developing for the space industry. This is another step officially taken, after previously signing a framework cooperation agreement with the Australian company AICRAFT, allowing the company to enter the Asia-Pacific market.

                    Ghalam is a company founded in 2010 with French and Kazakh capital, while one of its shareholders is Airbus Defence _ Space _”Airbus_”. Ghalam offers production of mechanical and electronic components, as well as testing and integration of the above in Airbus-certified laboratories and workshops, in connection with Airbus’ implementation of space projects for this part of Asia. With the execution of the Agreement, the Company hopes to gain a valuable partner and, above all, a supplier of high-quality subsystems, with adequate facilities for integration and testing of various space products.

                    Jędrzej Kowalewski – President of the Management Board
                    Mikołaj Podgórski – Member of the Management Board

                    ESPI Current Report No. 2/2023 – Receipt of an award from the German Space Agency and conclusion of a cooperation agreement – declassification of delayed confidential information.

                    Current report no. ESPI 2/2023
                    Drafting date: 2023-11-23
                    Abbreviated name of the issuer: SCANWAY S.A.

                    Subject: Receipt of an award from the German Space Agency and conclusion of a cooperation agreement – declassification of delayed confidential information.

                    MAR Article 17.1 – confidential information.

                    The Management Board of Scanway S.A. [Company, Issuer, Scanway] announces that on November 23, 2023, the Issuer became aware that the German Space Agency [Deutsches Zentrum für Luft- und Raumfahrt, hereinafter: NAK] made public the results of the competition for the possibility of launching an observation telescope aboard a microsatellite entitled Der Kleinsatelliten-Nutzlastwettbewerb [The Competition], under which the Company qualified for the project in question.
                    The Company’s distinction in the above-mentioned competition means that the Company has obtained from the above-mentioned agency the possibility of sending an observation telescope aboard a microsatellite free of charge [free slot for launch until the end of 2025]. Competition means that the Company has obtained from the above-mentioned agency the opportunity to send into space [a free launch slot in the horizon until the end of 2025] an observational telescope, together with the provision of its operation in space for a demonstration satellite.
                    The project consists in the construction and integration into the German microsatellite platform of a telescope for observation of the Earth with a resolution of less than 1 meter, at a planned level of about 0.7 meters. The size of this instrument will be about half that of the telescope provided by Scanway as part of the EagleEye mission. The satellite platform will be provided by the German side, along with the provision of a free launch of the platform into space. The launch of the Issuer’s observation instrument with such resolution and the success of the demonstration satellite mission is a prelude to the planned construction of an Earth observation constellation with a partner company from Germany, i.e. Marble Imaging GmbH [Marble], under which the Issuer could potentially provide imaging telescopes for up to 200 microsatellites, with a unit mass of about 100 kg and a unit price estimated, according to the Issuer as of the date of publication of this report, at about €1 million per imaging instrument. In addition, it will be possible to reap financial benefits through the sale of mission-acquired images taken by the demonstration satellite to end users. Potential financial benefits for Marble and Scanway from the sale of satellite data from the full constellation of 200 satellites will be regulated by a separate agreement in due course, after the verification period of the demonstration satellite’s mission, which will last at least until the end of 2025. At the same time, the Board of Directors of the Company announces that, with a view to the legitimate interests of the Issuer, it has decided to delay the public disclosure of: i] information about the receipt of unofficial information on September 22, 2023 about the possibility of the award of the Competition by the NAK, which was officially confirmed by the NAK on October 19, 2023.
                    ii] information that on September 25, 2023, a cooperation agreement was concluded with Marble for the joint development of an instrument for imaging the Earth with a resolution of less than one meter, the further implementation of which was contingent on confirmation of the Competition award. As part of the next steps, the Issuer will focus on the design of the imaging instrument, while Marble will provide system support, supervise the compliance of the design parameters with the requirements allowing the commercialization of images from the instrument, and begin work on the development of software for processing satellite images. Due to the applicable procedural issues related to the Competition, immediate public disclosure of the confidential information indicated above on the date of its occurrence could, in the Issuer’s opinion, violate the legitimate interests of the Company and have a negative impact on the process of the Company obtaining financial support from NAK, and consequently deprive the Company of potential financial benefits resulting from cooperation with NAK and Marble. As a result, the release of both related information to the public has been delayed. At the same time, the Issuer informs that the information provided in this report consummates the content of the delayed confidential information indicated above.

                    Jędrzej Kowalewski – President of the Management Board
                    Mikołaj Podgórski – Member of the Management Board

                    ESPI Current Report No. 1/2023 – Joining the ESPI system

                    Current report no. ESPI 1/2023
                    Drafting date: 2023-09-20
                    Abbreviated name of the issuer: SCANWAY S.A.

                    Subject: joining the ESPI system

                    The Management Board of Scanway S.A. [Company, Scanway] acting on the basis of § 11 (1) of the Regulations for the use of the Electronic System for Transmission of Information [ESPI], informs that the Office of the Financial Supervision Authority has granted the Company access to the ESPI system in the type “ATS Issuer”, and therefore Scanway begins to transmit the required information through this system as of September 20, 2023.

                    Jędrzej Kowalewski – President of the Management Board
                    Radosław Charytoniuk – Member of the Management Board

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