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MESSAGE _ENGLISH VERSION_
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The Management Board of MBF Group S.A., with its registered office in
Warsaw _the "Issuer", the "Company"_, with reference to Current Report
No. 35/2026 of 3 June 2026 concerning the conclusion of a consortium and
project cooperation agreement with a technology partner from Ukraine,
hereby announces the completion of work and the submission of a complete
application to the "Sentinel Strike Challenge" programme organised by
the European Defence Agency _EDA_ as part of the Hub for European
Defence Innovation _HEDI_ initiative. The Issuer's participation enables
the project to be carried out within the framework of a consortium
comprising an entity from a European Union Member State
The application was prepared by a consortium in which the Issuer acts as
Lead Applicant and the entity responsible for coordinating the
application process, preparing formal and organisational documentation,
and representing the project before the European Defence Agency. The
technology partner is responsible for providing the technology,
technical documentation and data necessary to carry out the solution
evaluation process.
The subject of the application is the X-35 loitering munition system -
an advanced VTOL _Vertical Take-Off and Landing_ solution designed for
reconnaissance missions and precision engagement of targets at ranges of
30 to 90 kilometres. The system utilises, amongst other things,
autonomous flight functions, jamming-resistant communication and data
transmission systems, the ability to operate in environments with
limited GPS signal access, and automatic target guidance functions
during the final phase of the mission. The solution is currently at
Technology Readiness Level _TRL_ 8, which signifies the completion of
major development work and the conduct of testing and validation under
conditions similar to operational ones.
The Issuer's role includes coordinating the consortium's activities
vis--vis the European Defence Agency, preparing and managing the
application process, and representing the project before European
institutions. MBF Group S.A. is also responsible for establishing an
international cooperation framework enabling the X-35 system to
participate in European defence technology support programmes,
identifying sources of funding, and developing potential
commercialisation and implementation pathways in the markets of European
Union and NATO member states.
The Sentinel Strike Challenge programme is implemented in a two-stage
format, and the total funding pool allocated to participants amounts to
approximately 2 million, of which around 200,000 is allocated to the
first stage and up to approximately 1.8 million to the second stage for
systems selected for further development. Submission of the application
marks the formal commencement of the solution's evaluation process by
the European Defence Agency and the completion of the first stage of
cooperation as provided for in the consortium agreement.
At the same time, the Company's Management Board announces that, should
the system receive a positive evaluation and be selected for further
development stages, it will be possible to apply for participation in
subsequent European and NATO programmes supporting the development of
defence technologies, including the European Defence Fund _EDF_ and the
NATO Defence Innovation Accelerator for the North Atlantic _DIANA_. The
EDF has a budget exceeding EUR 8 billion for the 2021-2027 financial
period, whilst NATO DIANA supports the development of breakthrough
dual-use technologies through acceleration, grant and testing programmes
implemented within the Alliance's member states. As at the date of
publication of this report, no decision has been made regarding the
system's eligibility for subsequent stages of the programme or the award
of funding.
In the opinion of the Issuer's Management Board, the submission of the
application constitutes a significant milestone in the implementation of
the Company's business development strategy in the defence technology
and unmanned combat systems sector. At the same time, this is the first
formal submission of the system by the Issuer to a programme run by the
European Defence Agency, opening up the possibility of further
participation in European research and development initiatives, defence
technology funding programmes, and the development of the Company's
international expertise in the field of advanced unmanned systems.
The Issuer's Management Board has classified the information regarding
the submission of the application as confidential within the meaning of
Article 7 of the MAR Regulation, given the significance of the project
for the implementation of the Company's development strategy, the
possibility of obtaining funding from European sources, the potential
impact on the Issuer's future operational and economic situation, and
the formal commencement of the system evaluation process by the European
Defence Agency.
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RB_ASO: Złożenie aplikacji do programu EDA dotyczącej systemu amunicji krążącej klasy VTOL
X-35
