Baochenxin
Develops and supplies high-power, single-mode continuous fiber lasers and MOPA pulsed lasers specifically for metal additive manufacturing processes, enabling stable, high-quality builds for industrial applications.
- CEO / Founder
- Tim Ellis
- Stage
- Subsidiary
- Total Funding
- $1.3B
- Latest Round
- Series E
- Key Investors
- Tiger Global Management; Fidelity Management & Research Company; BlackRock; Coatue; K5 Global; Mark Cuban; Jared Leto
Technology & Products
Key Products
BFSC series continuous fiber lasers (single-mode); MOPA pulsed fiber lasers; Additive manufacturing laser application solutions
Technological Advantage
Positioned as a specialized supplier within the AM value chain, leveraging the R&D and vertical integration capabilities of its parent company, Maxphotonics. Its claimed advantage is high stability and targeted solutions for AM processes, though independent verification of performance benchmarks against competitors like IPG or nLight is not publicly available. The business model relies on deep integration with system builders, creating switching costs.
Differentiation
Value Proposition
Provides OEMs and system builders with laser sources offering superior beam quality and power stability, which are critical for achieving high-density, defect-free metal parts, reducing system downtime and improving overall equipment effectiveness (OEE).
How They Differentiate
Baochenxin differentiates by offering lasers specifically packaged and optimized for metal AM applications (PBF-LB and DED), whereas larger competitors like IPG offer broader industrial laser portfolios. It claims a focus on high stability and systematic solutions for the AM industry, but competes on cost and regional support as a domestic Chinese supplier.
Market & Competition
Target Customers
Metal AM system integrators, industrial manufacturers, and research institutions requiring reliable laser sources for PBF-LB (SLM) and DED processes.
Industry Verticals
Aerospace/Defense; Automotive; General Industrial Manufacturing; New Energy (e.g., lithium battery)
Competitors
IPG Photonics; nLight; Coherent (formerly Rofin)
Growth & Milestones
Growth Metrics
Successfully launched Terran 1, the world's first 3D-printed rocket, in March 2023. Secured over $1.8B in launch contracts, including a multi-launch agreement with Telesat. Announced Terran R, a fully reusable medium-lift rocket, with first launch targeted for 2026.
Major Milestones
Launched a series of one-stop solutions for laser intelligent manufacturing (2023); Released the world's first 10,000W MOPA pulsed fiber laser (as reported by industry news); Actively laid out 3D printing and additive manufacturing solutions
Notable Customers
Telesat; NASA; US Department of Defense; OneWeb