Strategy

Updated Scanway S.A. Strategy for 2026–2028

The updated Strategy maintains all the key pillars and development directions adopted in September 2025 and is consistent with the assumptions made at that time. At the same time, it adjusts the objectives to the Company’s current scale of operations, market potential (including in new areas: DaaS and VHR telescopes), and improved financing capabilities. This document sets specific objectives and raises the Company’s ambitions in terms of scaling production, developing next-generation instruments, building the full optical data value chain, and expanding in international markets.

Scanway S.A.’s strategic objective is to become one of the largest optical payload integrators (primes) in Europe by the end of 2028. This strategic objective also paves the way for the Company’s long-term ambition to join the world’s largest commercial optical payload integrators.

[READ] Updated Scanway S.A. Development Strategy for 2026–2028

Operational objectives

• Presence of the Company and its solutions in the constellations of global leaders in European, U.S. and emerging markets;
• Presence in the product portfolio of solutions covering the full, end-to-end optical data processing chain, from acquisition through processing and analytics to prediction, operating on both proprietary and commercially acquired imagery, including under the Data-as-a-Service (DaaS) model;
• Scaling up operational and technological activities and transforming into a serial supplier of optical payloads for the global New Space market.

Stage covered by the Strategy: 2026–2028

• Achieving the capacity to produce more than a dozen optical payloads annually, with a unit value of EUR 0.5–2.0 million, by the end of the Strategy horizon;
• Further development and growth of the project pipeline, covering both individual optical instruments and solutions for satellite constellations;
• Imaging capability of approximately 0.85 m/pixel from LEO (approximately 500 km) and further technology development aimed at increasing resolution towards approximately 0.50 m/pixel (Very High Resolution-class instruments).

Next stage of the Company’s development: from 2029

• Offering existing and new, more advanced optical instruments with higher margins and unit values ranging from EUR 2.0–20.0 million, depending on the number of engineering models associated with the delivery of a single flight model and additional services;
• Development and commercialization of Very High Resolution (VHR) instruments with a target imaging capability of approximately 0.50 m/pixel from LEO (approximately 500 km);
• Increasing the share of the data processing and analytics component (DaaS) in implemented projects.

Financial objectives of the Capital Group

• Achieving PLN 200 million in cumulative consolidated sales revenue for 2026–2028;
• Achieving a backlog (order portfolio value) of PLN 100 million as of 31 December 2028;
• Achieving consolidated EBITDA of PLN 20 million in 2028.

Technology development directions

• Very High Resolution optical instruments
• Data processing products
• Cameras and optical instruments for defence, SSA/SDA and in-space servicing
• Proprietary components and supply chain capabilities

Business development directions

• Constellation projects and the development of increasingly larger optical instruments
• Defence sector
• Deep Space and lunar exploration
• Large public-sector programs
• Industrial sector covering image analysis