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Farsoon

HardwareChangsha, ChinaFounded 2009· One of 1740 Hardware companies tracked by AMPulse

Manufactures industrial-grade metal (SLM/LPBF) and polymer (SLS) powder bed fusion 3D printing systems, materials, and services for serial production in aerospace, automotive, medical, and consumer electronics.

CEO / Founder
Xu Xiaoshu
Team Size
501-1000
Stage
Public
Total Funding
$154.7M
Latest Round
IPO
Key Investors
State Development & Investment Corporation (SDIC) Venture Capital Fund; Shengyu Investment; China-US Green Fund; Wuxi Industry Group

Technology & Products

Key Products

FS1311M-U (large-format metal PBF); FS350M (production metal PBF); FS621M-U (multi-laser metal PBF); HT1001P (high-temperature polymer SLS); FS403P (production polymer SLS); 3D printing materials (metal powders, polymers); Software and control systems

Technological Advantage

Proprietary multi-laser and beam-shaping technology achieves high build speeds and part density (e.g., 99.7% for titanium), protected by patents and independently verified in customer deployments. Fully integrated control software and material R&D create a defensible ecosystem with high switching costs.

Differentiation

Value Proposition

Provides open-architecture, multi-laser LPBF and SLS systems enabling mass production of complex metal and polymer parts, reducing lead times and costs for high-volume applications like titanium smartphone hinges and aerospace components.

How They Differentiate

Offers open-parameter systems and lower cost structure than EOS and SLM Solutions, with multi-laser configurations (up to 32 lasers) for higher throughput. Compared to Velo3D, focuses on cost-effective large-format production for mass markets like consumer electronics rather than niche aerospace.

Market & Competition

Target Customers

Industrial manufacturers in aerospace, automotive, medical, consumer electronics, and tooling requiring high-throughput, large-format, and multi-laser additive manufacturing for end-use parts.

Industry Verticals

Aerospace; Automotive; Medical; Consumer Electronics; Tooling; Education

Competitors

EOS; SLM Solutions; Velo3D

Growth & Milestones

Growth Metrics

Global installed base exceeded 700 machines; 2025 revenue reported as RMB 7.16 billion (~$1.01B), a 45.55% YoY increase; Q1-Q3 2025 revenue grew 15% to RMB 4 billion (~$564M).

Major Milestones

Founded in 2009; Listed on Shanghai Stock Exchange STAR Market (April 17, 2023); Over 150 large-format metal PBF systems installed globally; Deployed for mass production of titanium alloy foldable phone hinges and smartwatch cases

Notable Customers

OPPO; Honor; Apple (reported)

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