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BLT

HardwareXi'an, Shaanxi, ChinaFounded 2011· One of 1636 Hardware companies tracked by AMPulse

Chinese metal additive manufacturing company providing full-stack solutions including PBF-LB/M and DED-LB/M equipment, metal powders, printing services, and software, publicly listed on the Shanghai Stock Exchange STAR Market.

CEO / Founder
Xue Lei (薛蕾)
Team Size
1001-5000
Stage
Public
Total Funding
Publicly Traded
Latest Round
Post-IPO
Key Investors
Western Capital (西高投); CITIC Securities Investment (中信建投资本); Jinshi Investment (金石投资); Yunding Capital (云鼎资本); Guo'an Ruibo (国安睿博)

Technology & Products

Key Products

BLT-S Series (S210, S310/S320, S400, S450, S600, S615, S800, S815, S1000, S1500) PBF-LB/M metal printers; BLT-A Series (A160, A300/A320, A400) compact metal printers; BLT-M Series DED-LB/M equipment; BLTM metal powders (titanium alloys, superalloys, aluminum alloys, stainless steel, high-strength steel, tool steel); BLT-MES production management software; BLT-Build Planner slicing software; BLT-3D Reconstruction; BLT-Self-learning Platform; Metal AM printing services

Technical position · AMPulse analysis

Proprietary BLT-S series with up to 1500mm build volume; 688+ patents filed; self-developed metal powder portfolio (80+ materials); BLT-MES and BLT-Build Planner proprietary software; multi-laser scanning strategies; certified aerospace supplier (Airbus, COMAC C919).

Patent position

BLT filed 13 patent families across all years, fewer than Farsoon Technologies (41), EOS (185), 3D Systems (300), and GE Additive (219). AMPulse analysis

Filing momentum
6 families filed 2022–2024, 1 in 2019–2021
Filed in
WO 54%CN 23%US 23%
Named competitors, AM patent families
Farsoon Technologies 41EOS 1853D Systems 300GE Additive 219

13 AM patent families in total. Recent years are still being published, so read a filing change against the same-office figure.

Differentiation

Value Proposition

Full-stack metal AM solutions provider covering equipment, materials, software, and printing services — one of the few companies globally offering end-to-end metal additive manufacturing capabilities from powder to finished parts.

How They Differentiate

Full vertical integration across the entire metal AM value chain (equipment, powder, software, services); largest installed base of metal AM systems in China; deep aerospace credentials including Airbus A320/A330/A350 certified parts; publicly listed with substantial R&D investment; build volumes up to 1500mm in PBF-LB/M.

Market & Competition

Target Customers

Aerospace, aviation, engine/turbine, automotive, medical/dental, mold/tooling, university research, vocational education, cultural creative industries

Industry Verticals

Aerospace; Aviation; Automotive; Medical & Dental; Mold & Tooling; Energy & Power; Consumer Electronics; Education & Research; Humanoid Robotics

Competitors

Farsoon Technologies (华曙高科); EOS GmbH; SLM Solutions (now Nikon SLM Solutions); 3D Systems; GE Additive; Eplus3D (易加三维); Hanbang Laser (汉邦激光)

Growth & Milestones

Growth Metrics

2024 revenue: ~$250M+; 2025 net profit expected ~¥209M (+101% YoY); 2,738 employees as of Dec 2024; 3,100+ customers globally; 688+ patents

Major Milestones

2011: Company founded; 2012: C919 titanium alloy components project; 2014: First BLT-S300 metal printer launched at China Airshow; 2017: Metal AM smart factory designated MIIT pilot project; 2018: Became Airbus certified supplier; BLT equipment exported to Germany; 2019: IPO on SSE STAR Market (688333); 2022: BLT Europe (Germany) subsidiary established; 2023: ¥30.29B ($424M) private placement for capacity expansion; 2024: Ranked #2 globally in metal AM revenue

Notable Customers

Airbus; COMAC (C919); Apple (consumer electronics components per analyst reports); 3,100+ global customers across aerospace, automotive, medical, and industrial sectors

https://www.xa-blt.com/

Recent coverage of BLT

Official records

Filings, certifications, and programme counts AMPulse can show for this company.

FY2025 financial performance

2025-01-01 to 2025-12-31 · CNY · Consolidated company financials

Revenue growth (YoY)
39.69%
Calculation and sources

AMPulse calculation: (Revenue / prior-year revenue − 1) × 100

Operating margin
Excluded

ASBE operating profit includes financing and investment items. The report does not disclose a reconciled operating-income measure for this comparison.

Exclusion source · PDF p. 133
R&D / revenue
13.05%
Calculation and sources

AMPulse calculation: R&D expense / revenue × 100

Annual comparison
Fiscal periods follow the company’s year end.
Period endingRevenueGrowthOperating marginR&D / revenue
2025-12-31CNY 1,851,668,118.6339.69%Excluded13.05%
2024-12-31CNY 1,325,570,668.71UnavailableExcluded15.94%
  • [F] 2025 annual · CNY 1,851,668,119
  • [F] 2024 annual · CNY 1,325,570,669
  • [C] ISO_9001 · claimed
  • [C] TCT Asia 2026 · exhibitor
  • [C] Formnext 2025 · exhibitor
  • [C] TCT Asia 2025 · exhibitor
  • [C] Formnext 2024 · exhibitor
  • [C] Formnext 2023 · exhibitor

AM patents

AM-relevant patents linked to this company.

Patents
13
Granted
2
Families
13

Leading domains: material (12), process (11), equipment (5)

Filings by year: 2024: 1 · 2023: 3 · 2022: 2 · 2019: 1 · 2017: 4 · 2016: 2

  1. Method for forming metal-based nanocomposite material parts108031841 · CN
  2. POWDER SPREADING QUALITY TEST METHOD AND ADDITIVE MANUFACTURING DEVICE2018024210 · WO
  3. Powder spreading quality test method and additive manufacturing device10718721 · US
  4. DUAL-SPOT-BASED SLM FORMING SYSTEM AND METHOD2021129468 · WO
  5. HIGH-STRENGTH ALUMINUM ALLOY POWDER AND PREPARATION METHOD THEREFOR, AND HIGH-STRENGTH ALUMINUM ALLOY PART AND ADDITIVE MANUFACTURING METHOD THEREFOR2024046478 · WO

Funding rounds

  • Post-IPO¥30.29亿 (approx. $424M)2023-12Lead: Institutional investors · Source
  • IPO¥6.6亿 (approx. $93.5M)2019-07Lead: Public · Source
  • Venture RoundUndisclosed2019-01Lead: CITIC Securities Investment (中信建投投资) · Source
  • StrategicUndisclosed2016-12Lead: Guo'an Ruibo (国安睿博) · Source
  • StrategicUndisclosed2016-11Lead: Western Capital (西高投) · Source

Equipment deals on record

Publicly disclosed purchases or installs only.

  • BLT-A160

    1 systems · CNY 398,000

    Buyer: Tianjin University of Science and Technology · Supplier: Bright Laser Technologies
  • BLT-S210

    1 systems · CNY 1,298,700

    Buyer: Jiangnan University · Supplier: Wuxi Quanxin Microelectronics Technology
  • BLT-A320

    1 systems · Not disclosed

    Buyer: Addblu Innovators · Supplier: Bright Laser Technologies
  • Small metal additive manufacturing equipment

    Approx. CNY 368,000

    Buyer: Wuhan University of Technology · Supplier: Bright Laser Technologies
  • Mid-format metal laser powder-bed fusion additive manufacturing system

    1 systems · CNY 4,490,000

    Buyer: Wuhan National Innovation Center for Digital Design and Manufacturing · Supplier: Xi’an Bright Laser Technologies
All equipment activity

Why this company matters

AMPulse analysis, not a company disclosure

Xi'an Bright Laser Technologies (BLT) holds a dominant position in China's metal additive manufacturing market and is a primary global challenger to legacy Western firms such as EOS, SLM Solutions, and GE Additive. Spun off from Northwestern Polytechnical University (NWPU), BLT is one of the few entities worldwide to master both Laser Solid Forming (LSF) and Selective Laser Melting (SLM) at an industrial scale, maintaining a closed-loop data and material chain.

The company's core technology centers on laser powder bed fusion (LPBF) systems, including the BLT-S Series (S400, S450, S600, S800) and the BLT-A400 with five lasers. BLT also produces over 60 types of metal powders, including titanium alloys, aluminum alloys, and nickel superalloys, as well as proprietary materials like BLT-AlAM500 and BLT-Ti65. Its proprietary single-blade bidirectional powdering technology reportedly increases printing efficiency by 30% while reducing machine footprints. The company offers a full industrial chain solution integrating hardware manufacturing, raw powder production, proprietary software (BLT-BP/MCS), and custom printing services.

BLT serves aerospace primes (Airbus, Boeing, COMAC, AECC), commercial space startups (LandSpace), automotive OEMs (Mercedes-Benz, BYD), and consumer electronics manufacturers. Notably, BLT is a Tier-1 supplier to Apple for 3D-printed titanium consumer components. The company also partners with GoEngineer for North American distribution and has supplied rocket engine components to over 30 commercial space firms. Listed on the Shanghai STAR Market (688333.SH) with a market cap of approximately $1.8 billion (June 2024), BLT broke ground on a nearly 2 million square foot manufacturing campus in 2023.

BLT's strategic moat lies in its vertically integrated ecosystem, combining high-margin equipment sales with high-volume component manufacturing. However, the company faces risks from potential US-China trade restrictions on advanced AM equipment and materials, as well as intensifying competition from both domestic rival Farsoon Technologies and Western incumbents expanding into Asian markets.