Agisoft Metashape 1.5.0 is a successor of Agisoft PhotoScan application and the updates from PhotoScan to Metashape are free for the PhotoScan license owners, providing that the same edition (Standard or Professional) of the application is used.
Update from PhotoScan to Metashape is free of charge.
For Metashape Standard edition, it is enough to download the new version from our website - https://www.agisoft.com/downloads/installer/. How to update Metashape Pro version is described in our article: How to update Metashape Pro to the new version.