How much funding has HG Laser raised?

HG Laser has raised $220M in total funding. Key investors include State-backed funds; Huagong Tech.

Who is the CEO of HG Laser?

邓家科 (Deng Jiake) is the CEO of HG Laser. The company was founded in 1997.

Where is HG Laser located?

HG Laser is headquartered in Wuhan, China.

What funding stage is HG Laser at?

HG Laser is currently at the Public stage.

How many employees does HG Laser have?

HG Laser has approximately 1001-5000 employees.

HG Laser

Name: AM Companies Database
Creator: AMPulse
License: https://creativecommons.org/licenses/by/4.0/

HardwareWuhan, ChinaFounded 1997· One of 1702 Hardware companies tracked by AMPulse

Develops high-power fiber lasers and integrated metal AM systems (LPBF/DED) for aerospace and automotive structural components.

CEO / Founder: 邓家科 (Deng Jiake)
Team Size: 1001-5000
Stage: Public
Total Funding: $220M
Latest Round: Post-IPO
Key Investors: State-backed funds; Huagong Tech

Technology & Products

Key Products

High-power fiber lasers, integrated metal AM systems (LPBF/DED) for aerospace and automotive structural components, laser cutting machines, and myriawatt optical fiber laser processing equipment.

Technological Advantage

Claimed: High-power fiber lasers up to kW-class. Verified: 500+ patents including CN109590215A for SLM control; 100+ industrial installs in aerospace and automotive sectors.

Differentiation

Value Proposition

Reduces aerospace component lead times and costs through vertically integrated high-power fiber laser AM systems, supporting 100+ industrial installs with proprietary SLM control.

How They Differentiate

Differentiates through vertical integration of proprietary fiber laser sources and AM hardware, capturing 80% of the domestic Chinese market and offering lower cost-per-part than Western incumbents like EOS or SLM Solutions.

Market & Competition

Target Customers

Industrial manufacturers in Aerospace/Defense, automotive, and energy sectors

Industry Verticals

Aerospace/Defense; Automotive; Energy

Competitors

EOS, SLM Solutions, SLTL

Growth & Milestones

Growth Metrics

2023 revenue RMB 5.1B (+15% YoY); AM division grew 30% with 100+ metal 3D printer installs

Major Milestones

Founded 1999; IPO on Shenzhen Stock Exchange 2004; 2023 revenue RMB 5.1B; 100+ metal 3D printer installs

Notable Customers

Iron & steel industry, aerospace component manufacturers.

https://www.hglaser.com

Why this company matters

HGLASER occupies a distinctive position as a vertically integrated manufacturer of high-power fiber lasers and metal additive manufacturing systems, combining LPBF and DED-LB processes under one roof. Unlike Western competitors such as EOS or SLM Solutions that source laser sources externally, HGLASER designs and produces its own kW-class fiber lasers, enabling tighter process control and lower cost-per-part for structural components. The company claims 80% of the domestic Chinese market for laser-based AM and has deployed over 100 industrial metal 3D printer installations across aerospace and automotive sectors.

The core technology stack spans proprietary fiber laser sources up to kW-class power, integrated LPBF and DED systems, and SLM control software protected by over 500 patents including CN109590215A. Target customers include aerospace component manufacturers, iron and steel industry players, and automotive tier-1 suppliers seeking to reduce lead times and costs for structural parts made from materials such as Inconel 718 and Ti-6Al-4V. Key partnerships with AVIC, COMAC, and GE Additive signal traction in aerospace production applications.

HGLASER's strategic moat rests on vertical integration and state-backed funding, with RMB 5.1B in 2023 revenue and a 30% growth rate in its AM division. The company's IPO on the Shenzhen Stock Exchange in 2004 and $220M in total funding from state-backed funds and Huagong Tech provide capital for R&D and capacity expansion. A key open question is whether HGLASER can replicate its domestic dominance in export markets where Western incumbents hold strong brand and service relationships with aerospace primes and automotive OEMs.