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Farsoon Technologies

HardwareChangsha, Hunan, ChinaFounded 2009· One of 1757 Hardware companies tracked by AMPulse

Chinese industrial 3D printer manufacturer specializing in metal (SLM) and polymer (SLS) laser powder bed fusion systems, publicly listed on Shanghai STAR Market.

CEO / Founder
Xu Xiaoshu (许小曙)
Team Size
501-1000
Stage
Public
Total Funding
$153M
Latest Round
IPO
Key Investors
SDIC Venture Capital (国投创业); public shareholders (Shanghai STAR Market)

Technology & Products

Key Products

Metal PBF systems: FS1521M (Φ1510×1650mm, 16 lasers), FS1211M, FS721M, FS621M Pro, FS350M, FS191M, FS273M. Polymer SLS systems: Flight HT1001P (1000×500×450mm), Flight 403P, SS403P, HT403P, UT252P (PEEK-capable). Software: BuildStar & MakeStar. Self-developed metal and polymer powders (40+ materials).

Technological Advantage

Self-developed BuildStar & MakeStar software (full source code ownership); Farsoon Smart Controller (振镜控制卡); Beam Shaping Technology; Metal Sintering Technology; proprietary galvanometer control; 195 invention patents, 203 utility patents, 78 design patents, 62 software copyrights (as of Dec 2025).

Differentiation

Value Proposition

Open-source industrial AM platforms with full-stack自主研发 (independent R&D) across equipment, materials, and software; enables customers to customize process parameters and use third-party materials.

How They Differentiate

Open-parameter philosophy (70+ open parameters via MakeStar software) allowing users to develop custom processes; full vertical integration (machines + materials + software); global presence with subsidiaries in North America and Europe.

Market & Competition

Target Customers

Aerospace manufacturers, automotive OEMs & suppliers, medical device companies, mold/tooling shops, 3C/consumer goods manufacturers, dental labs, research institutions

Industry Verticals

Aerospace & Aviation; Automotive; Molds & Tooling; Medical & Dental; 3C/Consumer Electronics; Education & Research

Competitors

EOS GmbH; Bright Laser Technologies (BLT); Nikon SLM Solutions

Growth & Milestones

Growth Metrics

1,500+ systems sold globally (as of Feb 2026); operations in 30+ countries; ~737 employees; listed on STAR Market with ~¥5B market cap range

Major Milestones

2009: Founded in Changsha; 2011: First Chinese SLS system; 2017: US & EU subsidiaries established; 2021: Global sales exceed 1,000 machines; 2023: IPO on Shanghai STAR Market (688433), raising ¥1.105B; 2024: New 140,000 sqm R&D campus opened; 2026: 1,500+ global machines sold; Airbus high-strength aluminum qualification.

Notable Customers

BMW; Daimler (Mercedes-Benz); FAW-Volkswagen; Airbus; COMAC; Falcontech (飞而康, 29+ FS621M machines); ACMI AM Center; Xiangya Hospital; Shanghai Ninth People's Hospital; Peking University School of Stomatology

Recent coverage of Farsoon Technologies

Why this company matters

Farsoon Technologies positions itself as a cost-effective alternative to Western LPBF and SLS vendors by offering open-parameter systems that accept third-party materials. Founded in 2009 by a former DTM Corporation scientist, the company targets industrial-scale serial production rather than prototyping, with a focus on large-format build volumes and multi-laser configurations.

The company's core technology spans metal LPBF (PBF-LB) and polymer SLS, with proprietary multi-laser setups reaching up to 32 lasers and beam-shaping for high throughput and part density. Key systems include the FS1311M-U large-format metal printer (1300x1300x1100 mm build volume), the FS350M production metal PBF, and the HT1001P high-temperature polymer SLS. Farsoon also develops its own metal powders and polymers, along with integrated control software.

Customers include industrial manufacturers in aerospace, automotive, medical, and consumer electronics. Notable deployments include mass production of titanium alloy foldable phone hinges for OPPO and Honor, and reported supply to Apple. The company has an installed base exceeding 700 machines globally, with over 150 large-format metal PBF systems in the field. Partnerships with Oerlikon for metal powder supply and distributors Novastar (North America) and MostTech (Europe) support international reach.

Farsoon's strategic moat lies in its open-architecture platform, which lowers material costs and allows user parameter adjustment, creating switching costs through software and material ecosystem lock-in. However, competition from EOS, SLM Solutions, and Velo3D remains intense, particularly in aerospace and medical where closed systems are often preferred for certification. The company's 2025 revenue of approximately $1.01 billion (RMB 7.16 billion) and 45.55% year-over-year growth signal strong market traction, though reliance on the Chinese consumer electronics cycle introduces demand risk.