Scanway Spolka Akcyjna · GPW:SCW
Scanway Spolka Akcyjna — Scanway — Investor Presentation (January 2026)
34 slides from Scanway Spolka Akcyjna's investor presentation, January 2026
Slide 1: Scanway S.A. Investor presentation January 2026
Scanway S.A. Investor presentation |January 2026
Slide 2: Agenda
Agenda About Scanway 3 Space market 8 Financial results 13 Selected projects 17 Strategy 2026 –2028 26 30 Summary
Slide 3: About Scanway
SCANWAY. ‘Seanway S.A. | Investor presentation
Slide 4: We are experts in optical data processing
We have developed complete We specialize in the optical processing optoelectronic products chain: Acquisition, Processing , Analysis , for Earth Observatio n Prediction (APAP) In the Space area , we provide both In the Industry area , we offer solutions hardware solutions: optical based on image dat
Slide 5: Competitive advantages
Flight heritage Production capacity High resolutio n 11 products launched for optical instruments imaging even below into space 50 -450 mm 1m per pixel Team of >80 experts Approximately 400 m2 New Space about 80% of staff of laboratory-workshop area, global reach, speed are engineers with dedicated
Slide 6: New Space built globally
2 2 2 16 2 2 New Space built globally +35 customers and partners Cooperation with leaders Secure supply chain worldwide, including: ICEYE, i.a. a space mission with focused on domestic and Marble Imaging, Nara Space Intuitive Machines from the US European players
Slide 7: Warsaw Stock Exchange
Shareholding structure (as of 22 January 2026) 15,27% WSE debut planned for Q1/Q2 2026 Jędrzej Kowalewski Family Foundation registration document already submitted PGE Ventures sp. z o.o. to the Polish Financial Supervision Authority 11,06% TFI PZU SA 5,98% Norges Bank* 63,12% 2,39% 2,18% Other Mana
Slide 8: Space market
SCANWAY. Sa Space market ‘Seanway S.A. | Inve
Slide 9: Small satellite market – below 500 kg (according to Novaspace)
Small satellite market – below 500 kg (according to Novaspace ) Excluding mega -constellations (including Starlink, where the weight of the new V2 Mini, V2 and V3 versions exceeds 500 kg) 2014-2023 2024 -2033 Average number of satellites 400 1 398 lifted per year 55 kg Average satellite mass 92 kg 2
Slide 10: Small satellite market – below 1,200 kg (according to BryceTech)
Small satellite market – below 1,200 kg (according to BryceTech ) Number of satellites launched in 2015–2024 3000 2 860 2 000 000 ▪ More than 10-fold increase in 2 790 small satellite launches in a decade. In 2024, small satellites accounted 1 800 000 for 97% of launches, including 2 433 2500 81% of
Slide 11: Small satellite market – below 1,200 kg (according to BryceTech)
Small satellite market – below 1,200 kg (according to BryceTech ) Mass of launched satellites (after excluding Starlink and OneWeb)in 2015–2024 ▪ The increase in technical and 7% 5% 6% 5% operational capabilities of 9% 10% 11% 16% 17% 4% 9% 6% 16% microsatellites (11-200 kg) and 10% minisatellites (
Slide 12: Polish contribution to ESA (European Space Agency)
Polish contribution to ESA (European Space Agency) During the CM25, Poland declared its contribution to the ESA for 2026 -2028 in the record amount of EUR 731 million Polish contribution to ESA, optional programs [million EUR] ▪ With a contribution declaration of EUR 22,1 billion (+31% vs CM22) EUR
Slide 13: Financial results
Financial results
Slide 14: Q1-Q3 2025 Summary
Q1-Q3 2025 Summary Total revenue [millionPLN] PLN 3.06 mln PLN 0.21 mln 15,97 EBITDA EBIT 8,44 14,63 PLN 0.16 mln PLN 14.69 mln Net profit Cash balance as of 30.09.2025 6,48 ▪ Total revenues after 9 months of 2025 are 32% higher than the Company ’s 1,96 1,35 full-year result for 2024 Q1-Q3 2024 Q1-Q
Slide 15: Systematic performance growth: revenue and backlog
Strategia Systematic i cele inwestycyjne performance growth Total revenue and backlog [million PLN] ▪ Total revenues Q1-Q3 2024: PLN 8.44 million ▪ Total revenues Q1-Q3 2025: PLN 15.97 million (+89% y/y) +89 % +254 % ▪ Direct margin Q1-Q3 2024: PLN 6.6 million ▪ Direct margin Q1-Q3 2025: PLN 8.15 mi
Slide 16: Investment by TFI PZU SA
Strategia Investment i cele by TFI PZU SAinwestycyjne 100 thousand shares acquired at a price of PLN 153.00,currently representing 5.98 % of shares ▪ 2025, November 21, started the process of raising additional financing for the implementation of Scanway's 2026 -2028 development strategy ▪ November
Slide 17: Selected projects
SCANWAY. selected projects ‘Seanway S.A. | Investor presentation
Slide 18: Scanway telescopes to power Asian client's constellation
telescope series PLN 38+ million constellation project contract value CLIENT ▪ South Asia's leading space sector representative ▪ Deal concluded in about 3 months KEY ASPECTS ▪ Series of high -resolution telescopes for the constellation partner ▪ Telescopes developed by Scanway will be among the lar
Slide 19: Moon mission with Intuitive Machines from the US
Lunar Data Network Up to USD 4.82 bn lunar communications financing from NASA PROJECT MEMBERS ▪ IntuitiveMachines – mission operator and optical payload client, in February 2024, the first private organization that landed on the Moon (America's return to its surface after more than 50 years) ▪ Scanw
Slide 20: European system for processing lunar images
HYDR A EUR 0.5 million Scanway’s system core financing from ESA PROJECT MEMBERS ▪ ESA – funding of the data processing system ▪ IntuitiveMachines – mission operator and optical payload client ▪ Scanway – supplier of the optical instrument and system for processing images KEY ASPECTS from the lunar s
Slide 21: Constellation projects with global partners
Nara Space Marble Imaging methane monitoring imaging below 1 m per pixel NARA SPACE (NarSha) ▪ Korea's first constellation of microsatellites (NarSha ) for monitoring point sources of methane , at least 12 satellites weighing ~32 kgeac h ▪ Consortium: Nara Space Technology, Scanway, Climate Technolo
Slide 22: PIAST first Polish constellation for the Ministry of Defence
3 nanosatellites 2 telescopes forming a constellation delivered by Scanway PROJECT MEMBERS ▪ MilitaryUniversity of Technology (WAT ) – project leader ▪ Scanway – supplier of optical instruments ▪ Other members :Creotech Instruments S.A., Space Research Center of the PIAST (Polish ImAging SaTellites)
Slide 23: Agreement with Flytronic from WB Group
UAV IP ownership unmanned systems (drones ) s ecured by Scanway OBJECTIVES OF COOPERATION ▪ Signed on November 8, 2024 , agreement to develop optoelectronic component of observation head for unmanned systems with implementation schedule: 24 months ▪ After design, delivery and successful completion o
Slide 24: CAMILA the largest civilian constellation in the history of Poland
2-3 telescopes EUR 3.55 million to be delivered by Scanway option to expand to ~4.40 million PROJECT MEMBERS ▪ Creotech Instruments – leader ▪ Scanway – optical instrument subcontractor ▪ Other subcontractors: CloudFerro ,Eyecore , GMV, KP Labs and others CAMILA (Country Awareness Mission In Land An
Slide 25: Selected space projects carried out by Scanway
Selected space projects carried out by Scanway 2024 2025 2026 2027+ Nara Space Technology 2025: R&D, environmental testing, 2026: delivery of flight ~Q4 2026: launch Potential for continued [ constellations ] preparation of flight models models of 2 satellites cooperation Flight tests completed Marb
Slide 26: Strategy 2026–2028
Strategy 2026 –2028
Slide 27: Strategy goal 2026-2028 / Long-term aspiration
LEADING INTEGRATOR ▪ Contracts with global top-tier entities (minimum 2) ▪ Contracts entered into as prime contractor (minimum 1) ▪ Significant share of in-house manufactured components, including critical components and last -stage manufacturing in Scanway products ▪ Exports accounting for the majo
Slide 28: Strategic directions of technological development
Strategic directions of technological development They will enable the realization of4 operational goals for 2026 -28 and a strategic, long-term goal. They build technological and manufacturing independence, preparing the Company for the most demanding contracts and for: • development of imaging pro
Slide 29: The goal set and the path laid out
[ Scal ing up business ] ▪ Transformation from a single solution provider to a serial supplier of optical payloads for global New Space ▪ Ensur ing quality products and customer service by working with selective partners ▪ Continuing to diversify revenues with an emphasis on commercial orders 2026 -
Slide 30: Summary
Summary
Slide 31: Growing revenues, high cash balance and progress on projects create a positive outlook
[ Scanway in key Polish and international missions ] ▪ PIAST – the first Polish Earth observation satellite constellation for thePoland Ministry of Defence ▪ CAMILA – the first Polish satellite constellation for civilian use ▪ Intuitive Machines – the first Polish telescope on a commercial mission t
Slide 32: Want to learn more?
Want to learn more ? Contact our Corporate Communications Office or check out the latest investor materials and social media Our video content: https://www.youtube.com/@scanway6590/videos Katarzyna Żądło Mardoniusz Maćkowiak Our profiles on LinkedIn: k.zadlo@scanway.pl mardoniusz.mackowiak@ccgroup.p
Slide 33: Disclaimer
This presentation has been prepared by Scanway S.A. (the “Company”) solely for the purpose of presenting its business operations. The presentation : ▪ contains selected information and does not constitute a comprehensive description of the Company's business or its financial analysis; ▪ may not be c
Slide 34: Thank you for your attention!
Media contact : Scanway S.A. Katarzyna Żądło k.zadlo@scanway.pl Thank you for your attention! Investors contact: Mardoniusz Maćkowiak mardoniusz.mackowiak@ccgroup.pl