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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", "MBF"_ announces that on 23 July 2026 it entered
into a framework agreement with SimFabric S.A., with its registered
office in Warsaw _"SimFabric"_, concerning strategic, technological and
product cooperation relating to the preparation, development and future
commercialisation of the IRYDA Digital Twin Platform project
_"Agreement", "Project"_.
The Agreement is a binding framework agreement and is not merely a
letter of intent. It sets out the principles of cooperation, the
division of responsibilities, the initiation phase, the procedure for
preparing the MVP _Minimum Viable Product_, i.e. the first operational,
functionally limited version of the product intended to verify the
Project's technological, user and business assumptions, the protection
of intellectual property, a six-month period of exclusive negotiation
rights, the rules for joint public communication, and the basis for
concluding subsequent implementation agreements.
The aim of the Project is to create a digital environment based on real
unmanned systems developed within the IRYDA family. As a first step, the
Parties intend to develop a joint technological core and an MVP based on
IRYDA+ X1, and, ultimately, the development of a consumer game in the
arcade and simulation-lite formats, a professional simulator or operator
trainer, modules for managing individual platforms and UAV swarms,
mission planning, analysis of operator activities, educational and
research and development solutions, a Turkish version, and subsequent
generations of products based on the IRYDA family.
SimFabric has been selected by MBF as the preferred strategic partner
for gaming, software development and publishing for the Project. MBF is
responsible for the strategic and business coordination of the project,
organising access to agreed expertise, documentation, real-world
platforms, operator systems, testing, engineering teams and technology
partners, as well as developing relationships with institutional
clients, markets and potential sources of funding. SimFabric is
responsible for preparing the Platform's architecture, the MVP
definition document, budget options and the timetable, developing the
product concept, and contributing expertise in software development,
publishing, porting and distribution.
In implementing the Project, SimFabric may draw on the expertise of its
subsidiaries, in particular VRFabric S.A. and MobileFabric S.A., whilst
SimFabric shall remain liable to MBF for their actions as if they were
its own, and access by these entities to protected elements of the IRYDA
Technology shall require the appropriate authorisations.
The parties have agreed that, within 14 days of the conclusion of the
Agreement, they will hold a kick-off workshop and establish a working
group; whilst, within 30 days of the workshop, SimFabric, in
collaboration with MBF, will prepare an MVP Definition Document
covering, amongst other things, the functional scope, recommended
technology, timetable, budget, financing plan, milestones, risks and
proposed intellectual property rules. Following approval of this
document, the Parties will proceed to negotiate the first implementation
agreement.
The agreement does not oblige MBF to finance the entire production on
its own, nor does it oblige SimFabric to commence full-scale production
before the budget has been approved. The financing model may include own
funds, grants, research and development funding, an investor, a
publisher, the issue of financial instruments or end-user financing. A
detailed model for the sale, licensing, porting, distribution and
maintenance of the Platform, as well as the allocation of future
revenues, will be set out in subsequent agreements.
The Parties have also confirmed that 'IRYDA' is the code name for a
long-term technological ecosystem under development, rather than a
designation for a single specific, closed product or solely the IRYDA+
X1 platform. This ecosystem is intended to encompass subsequent
versions, variants and generations of physical and digital platforms,
operator systems, artificial intelligence solutions, management of
individual platforms and swarms, as well as gaming, simulation, training
and demonstration products developed by MBF in collaboration with its
technology partners and SimFabric. Individual products, modules,
implementation versions and subsequent generations developed as part of
the Project may in future be given separate code names, trade names or
implementation names, which will constitute their final designations and
will not affect the continuity or scope of the Parties' cooperation
within the technological ecosystem described in the Agreement.
The Agreement has been entered into for a period of three years. The
Issuer's Management Board considers the conclusion of this Agreement to
be significant in view of the formal commencement of cooperation with a
partner possessing manufacturing, programming, publishing and
distribution capabilities, as well as the opportunity to expand the
IRYDA ecosystem to include digital, consumer, training, simulation and
institutional products. The Issuer will provide updates on further
significant stages of the Project's implementation
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RB_ASO: Zawarcie umowy ramowej ze spółką SimFabric S.A. i uruchomienie projektu IRYDA Digital
Twin Platform
