Author: Scanway
Publication date:
Scanway S.A., a Polish leader in space-based observation technologies, made its debut on the Main Market of the Warsaw Stock Exchange. The opening share price was 340.0 PLN, representing a 2.1 percent increase. For the Company, this marks the next stage in the implementation of its long-term strategy to establish a presence in the capital market and build its position among Poland’s leading deep-tech companies.
After more than two years on the NewConnect alternative trading market, Scanway today transferred the listing of all its shares to the Main Market of the Warsaw Stock Exchange, joining the ranks of 400 issuers on the regulated market. The move to the Main Market is a natural continuation of Scanway’s development on the public market and reflects both the growth in the scale of its operations and the increasing interest in the Company from investors.
– Today’s debut on the Main Market of the Warsaw Stock Exchange is an important, symbolic moment for Scanway and a natural step in its development as a public company. It marks the culmination of more than two years on the NewConnect market, during which we consistently built relationships with investors, implemented the highest standards of operation on the capital market, and laid the foundation for further business growth. I would like to thank everyone involved in preparing and carrying out this process: our employees, advisors, partners, and investors who have accompanied us on our journey to the main trading floor of the Warsaw Stock Exchange. This is a shared achievement that marks the end of an important phase of our presence on NewConnect and opens a new chapter in Scanway’s development as a Polish company listed on the Main Market of the Warsaw Stock Exchange, with the ambition to actively shape the global New Space industry. – comments Jędrzej Kowalewski, President of the Management Board of Scanway S.A.
Scanway’s rise in the global New Space industry has been accompanied by a marked increase in the scale of its operations and investor interest. Since its debut on NewConnect in October 2023, the Company’s market capitalization has risen from 58 mln zł to over 500 mln zł, and trading volume in Scanway shares during January–February of this year exceeded PLN 100 million, accounting for over 25% of the total trading volume on the NewConnect market. This confirms both the Company’s growing position in the capital market and the effectiveness of its development strategy.
– For Scanway, being listed on the Main Market of the Warsaw Stock Exchange is significant not only from a capital markets perspective. In the space sector, which relies on long-term and demanding international projects, transparency, credibility, and organizational stability are of particular importance. We believe that our status as a company listed on a regulated market will support us both in the implementation of projects and in the further scaling of our business. – adds Jędrzej Kowalewski.
Scanway’s strategic goal remains to further scale its operations in the field of advanced observation technologies and to establish itself as one of Europe’s leading optical payload integrators. Listing on the Main Market of the Warsaw Stock Exchange is intended to support the Company in achieving these plans by strengthening its position in the capital market and in the international business environment.
cc group serves as the authorized advisor to Scanway S.A. on the NewConnect market and as an external advisor in the areas of investor relations, financial communications, and corporate finance; the firm has been supporting the Company since its first pre-IPO rounds.
LLW | Lewczuk Łyszczarek Szymczyk is serving as legal counsel for the Company’s initial public offering on the Main Market of the Warsaw Stock Exchange, supporting the Company in fundraising transactions and regulatory matters since its first rounds of venture capital financing.
Dom Maklerski Navigator S.A. acts as the investment firm throughout the entire process and has also collaborated with the Company in all previous financing rounds conducted on the public capital market, including those involving ABB transactions.
Capital Market Solutions Group, which has been supporting Scanway S.A. since 2023, serves as an advisor in key areas of corporate compliance and reporting.
About Scanway:
Scanway S.A. is a Polish company that has been in business for 10 years. It specializes in the optical data chain, which includes data acquisition, processing, analytics, and event prediction based on that data. In the Space segment, it provides both hardware solutions (optical instruments, such as telescopes and cameras) and imaging analytics. In the Industry segment, it offers solutions (products) based on image data processing, including complete quality control systems. The Company’s expertise and experience in both fields are complementary and create synergies. Scanway strives to provide its customers with full access to key optical data in both segments.
As one of only a dozen or so companies worldwide, Scanway has developed a complete line of optoelectronic products for Earth observation from orbit. The company carries out key contracts for space equipment in Poland and around the world, including for commercial clients. It operates STAR VIBE, Poland’s longest-operating optical observation satellite. The company’s solutions have been incorporated into the most important European and Polish space missions of 2024: among other achievements, the company deployed its equipment (Scanway Camera System) on the maiden flight of Europe’s newest launch vehicle, Ariane 6, and supplied Poland’s largest-ever telescope, weighing approximately 10 kg (SOP200), for the EagleEye satellite.
The company has completed nearly 50 quality control implementations in the industrial sector. As a technology partner to the sector’s largest manufacturers, it develops proprietary software solutions using AI and advanced applications for Industry 4.0.
In October 2023, the Company made its debut on the NewConnect market. It has fully achieved the goals announced in its initial public offering and is currently preparing to move to the Main Market of the Warsaw Stock Exchange. For more information: https://scanway.pl/
Additional information:
Katarzyna Żądło
Chief Communication & Investor Relations Officer
Scanway S.A.
+48 661 601 402
k.zadlo@scanway.pl
Mardoniusz Maćkowiak
Investor Relations Manager
cc group
+48 605 959 539
mardoniusz.mackowiak@ccgroup.pl
Franciszek Szukała
Financial Communication Manager
cc group
+48 664 920 048
franciszek.szukala@ccgroup.pl