HardwareVancouver, CanadaFounded 2017· One of 1757 Hardware companies tracked by AMPulse
Develops high-performance beam scanning control systems and galvanometers for laser-based additive manufacturing, emphasizing industry-leading thermal stability and high-speed precision.
CEO / Founder
Liang Zhang
Team Size
51-200
Stage
Active
Total Funding
$10M
Latest Round
Private Equity
Key Investors
Hillhouse (高瓴)
Technology & Products
Key Products
Beam scanning control systems; Galvanometers
Technological Advantage
Optimized for laser marking, engraving, welding, and scribing in AM; high thermal stability prevents drift during long build cycles, which is critical for large-scale industrial additive manufacturing.
Differentiation
Value Proposition
Provides industry-leading thermal stability and high-speed precision for beam control in laser-based AM, ensuring accuracy and repeatability for printer OEMs and integrators.
How They Differentiate
Specializes in high-speed precision and thermal stability for AM-specific laser processes, competing against incumbents like Scanlab and Cambridge Technology by focusing on drift reduction in long-duration builds.
Market & Competition
Target Customers
3D printer manufacturers and integrators in laser-based AM
Industry Verticals
Industrial manufacturing; Laser processing
Competitors
Scanlab; Cambridge Technology
Growth & Milestones
Growth Metrics
Achieved 200% YoY revenue growth in 2022; expanded operations to Vancouver, Canada to serve global markets.
Major Milestones
Founded 2017 in Vancouver; Established joint venture in Beijing 2018
Precision Scan Inc. develops high-performance beam scanning control systems and galvanometers tailored for laser-based additive manufacturing. Founded in 2017 and based in Vancouver, Canada, the company addresses a specific pain point in metal and polymer LPBF systems: thermal drift during extended build cycles. By emphasizing thermal stability and high-speed precision, Precision Scan positions itself as a specialized alternative to established scanning suppliers like Scanlab and Cambridge Technology.
The company's core products include beam scanning control systems and galvanometer devices designed for laser marking, engraving, welding, and scribing in AM. Its technological advantage lies in maintaining accuracy and repeatability over long-duration builds, which is critical for large-scale industrial additive manufacturing. Precision Scan serves 3D printer OEMs and integrators in laser-based AM, with named customers including Farsoon Technologies, Eplus3D, and Bright Laser Technologies (BLT).
Precision Scan has a strategic supplier relationship with Farsoon Technologies and a research collaboration with the University of British Columbia. The company reported 200% year-over-year revenue growth in 2022 and established a joint venture in Beijing in 2018. Its investors include Hillhouse Capital, and the company has raised $10 million in total funding. CEO Liang Zhang holds a PhD in Mechanical Engineering from UBC and previously worked as a research assistant there.
The company's focus on drift reduction for AM-specific laser processes provides a niche moat against larger incumbents. However, as a relatively young player in a market dominated by Scanlab and Cambridge Technology, Precision Scan must continue to scale its customer base beyond Chinese OEMs to prove its differentiation in global markets.