Farsoon Technologies
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
- Farsoon Technologies' targeted A-share placement clears sponsor review ahead of Shanghai STAR Market vote
- Farsoon to show scale-delivery solutions for shoe molds, liquid cooling, and aerospace at Formnext Asia Shenzhen 2026
- Farsoon Technologies reports 87.09% net profit increase for first half of 2026
- Farsoon hosts Southeast Asia footwear AM forum in Jakarta, pitches FS450M-based automated shoe-mold line to Indonesian manufacturers
- Analyst initiates coverage on Farsoon Technologies (688433) with buy rating on industrial AM leadership
Equipment deals on record
Publicly disclosed purchases or installs only.
- FS721M-H-8-CAMSBuyer: Stark Future S.L. · Supplier: Farsoon Technologies