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10-21-2020

Farsoon Technologies Grows Revenue Despite Corona

Increasing Sales Orders in Major Industries

Falcontech Super AM Factory with currently 20 Farsoon metal 3D printing system (© Falcontech)

Falcontech Super AM Factory with currently 20 Farsoon metal 3D printing system (© Falcontech)

Farsoon Technologies, a leading supplier of industrial grade plastic laser sintering and metal laser melting systems, is pleased to share news of doubled revenue growth in the Chinese market during Q1-Q3 of 2020 compared to the same period of time in the previous year, and will be continue with a significant growth rate until the end of the year.

In the latter half of 2019, with the rapid raising industrial additive manufacturing applications in China, Farsoon made significantly progress with increasing sales orders in major industries such as aerospace, manufacturing, and molding – which offers a strong revenue contribution to the first three quarters of 2020.

Large-Frame Metal Systems

Being an important part of the success in 2020, Farsoon’s large-frame metal systems including the FS621M (build platform size of 620×620mm and vertical axis of 1.1 meter) and the FS421M (build platform size of 425 × 425 × 420 mm) offer industrial customers large-sized parts and volume production capabilities that are unique in the additive market. FS621M systems have been installed at various Chinese large-scale manufacturing customers; and the FS421M has an accumulative sale of over 30 systems globally.

Falcontech, a leading manufacturing service provider in the metal additive market, has just received its 20th Farsoon metal system, of which 19 are large-format Farsoon FS621M and FS421M systems – well on the way to their target of 50 machines for Falcontech’s proposed Super AM Factory expansion plan.

Multi-Machines Orders for Plastics Production Systesm

Farsoon’s plastic production platform 403P also sees increasing multiple-machines orders in both China and the global market. Advantages including high-productivity, ease of use, open configurations and economics help customers to achieve high-volume, industrial scale plastic AM production.

WeNext, a key production and prototyping customer, currently has a total of 11 Farsoon plastics produkction systems in operation at their new AM facility. Earlier in June, rapid product manufacturing GmbH (rpm) announced installation of two new machines from Farsoon in replace of their older SLS machines to increase their manufacturing capacity in their factory in Germany. Furthermore, the major laser sintering part producer FKM Sintertechnik in Germany now operates in total four Farsoon plastic production systems, including the Farsoon HT1001P.

Growth Despite Covid-19 Pandemic

After the impact of the Covid-19 pandemic in China during early February, Farsoon headquarters has seen a return to normal operations in Q2 and Q3. The Chinese AM market has seen a good recovery with increasing sales orders. Farsoon’s production operations have expanded to meet growing demand with multiple shifts working 7 days a week to meet machine delivery dates. On the other hand, Farsoon headquarter is planning a large-scale expansion of production facilities in 2021.

In the global market, despite the Covid19 pandemic and economic crisis, Farsoon Europe GmbH has already achieved revenues equal to that of the previous year by end of July, 2020. Farsoon Americas has seen increased business during the second half of 2020 and has actively expanded sales and support capabilities to better serve the North American customers.

Despite the economic challenges in 2020 Farsoon has seen significant growth to its business. With operations returned to normal at Farsoon headquarters we are eager to support our customers and partners both in China and globally to fulfill their needs during these challenging times. With growing production capacity and support capability we are confident in growing the additive manufacturing market going into 2021.

Additional information
  • 10-09-2020

    Sumitomo (SHI) Demag Grows Strongly in 2020

    Market Share Increases due to Large Volume of Multiple Machine Orders

    Sumitomo (SHI) Demag ends the year 2020 with significant growth in order intake and market share despite the economic downturn in the plastics processing industry that has persisted since autumn 2018.   more

  • 10-08-2020

    Engel Sees Crisis as Opportunity for Digital Solutions

    Sales Decline Intensified by Corona

    Due to Covid-19 and the decline in the automotive sector, Engel is recording a significant drop in sales, but sees the crisis as an opportunity for digital solutions along the entire product life cycle.   more

  • 09-25-2020

    Arburg Opens Arburg Technology Center Pinghu

    Fourth Location in China

    7,700 participants followed online the official inauguration of the new Arburg Technology Center (ATC) in Pinghu with around 550 invited guests. With this investment, the company aims to drive forward its turnkey business in China.   more

  • Published on 11-25-2019

    Polyamide 3D Printed in No Time at All

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    A Swiss company has put what it calls the world’s fastest laser sintering machine for plastics in beta operation.   more

    Farsoon Europe GmbH

Company profile

Farsoon Europe GmbH

Curiestr. 2
DE 70563 Stuttgart

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