Scanway S.A. will debut on the Main Market of the Warsaw Stock Exchange (WSE) on Friday, March 27. This marks a key milestone in the company’s long-term capital market strategy and its ambition to build a leading position among Poland’s most important deep tech companies. The transfer of its listing from NewConnect to the WSE Main Market is expected to further increase Scanway’s visibility among both individual and institutional investors, while also strengthening its credibility in the eyes of international partners.
“The transition to the WSE Main Market is a historic moment for Scanway. It represents the culmination of more than two years of operating as a public company on NewConnect, during which we implemented best practices in corporate governance and investor relations, while meeting the expectations of investors who wanted to better understand our business model and the specifics of a Polish space company with global ambitions. I am pleased that our efforts have been well received by investors and that our business achievements have delivered value to shareholders. This has allowed us to build solid foundations for further growth and scaling. Today, we are ready for the next stage of development—as a Polish company listed on the WSE Main Market, we aim to actively shape the global New Space industry while creating long-term value for our shareholders,” said Jędrzej Kowalewski, CEO of Scanway S.A.
On March 23, the Management Board of the Warsaw Stock Exchange adopted a resolution to admit and introduce all Scanway shares to trading on the Main Market and set Friday, March 27, 2026, as the first trading day.
Scanway made its debut on the NewConnect market on October 11, 2023. Since then, the company has significantly expanded its scale of operations, while its market capitalization has increased from PLN 58 million to over PLN 500 million. Trading volumes in January–February 2026 exceeded PLN 100 million, accounting for more than 25% of total NewConnect turnover. The move to the Main Market is a natural step in Scanway’s development as a public company and aligns with its long-term goal of building a strong position in the advanced technologies sector.
“I would like to thank our employees and advisors for their commitment during the many months of intensive preparations for the debut, as well as all investors who decided to join our shareholder base during our time on NewConnect. The move to the WSE Main Market is also important for our further operational and technological development. It enhances our recognition and credibility among international partners, which we see as a key support for executing our 2026–2028 strategy. For investors, it offers exposure to a unique company from the space sector, which has very strong growth prospects both in Poland and globally,” Kowalewski added.
According to the latest data from the European Space Policy Institute, the European space sector attracted a record €1.5 billion in private investment in 2024, representing a 56% year-on-year increase—the highest level in history and the largest single-year rise since 2014. One of the strongest segments remains Earth observation technologies and satellite data. Scanway S.A. has been developing its capabilities in this area for over a decade, building expertise in the design and integration of optical payloads for space imaging.
According to its Q4 2025 report, Scanway generated total revenue of PLN 24.3 million in 2025, representing a 94% year-on-year increase, and EBITDA of PLN 2.2 million, up by PLN 1.9 million year-on-year. As of February 16, 2026, the company’s backlog grew by 215% year-on-year to PLN 54.0 million. Cash reserves at the end of December 2025 reached a record PLN 25.5 million, significantly supported by a PLN 15.3 million gross investment from TFI PZU S.A., which acquired 100,000 shares in November 2025, currently representing a 5.98% stake.
Scanway’s long-term strategic objective is to become one of the world’s leading commercial integrators of optical payloads. By the end of 2028, the company aims to establish itself as one of the largest optical payload integrators in Europe. Achieving this will require transforming the organization from a provider of individual solutions into a serial manufacturer of optical instruments capable of producing several dozen payloads annually, priced between €0.5 million and €2.0 million, for the global New Space market.
