Industrial laser powder bed fusion machine manufacturer Farsoon Technologies has recorded over $15 million in sales orders in the month of November 2021, the record financial results include over 40 PBF machines; as well as material, service, and application contracts.
“The significant amount has set a new record for our monthly sales order; despite the challenging pandemic situation, Farsoon was able to deliver strong performance supporting the recovering global industrial demands, thanks to the hard work of the global Farsoon team. With continuous technology innovation and increasing market share, Farsoon has proved itself a strong and stable additive manufacturing partner that customers can trust”, said Don Xu, Director of Farsoon’s Global Business Group.
“The 15-million+ monthly sales order reflects the increased growth across our whole product portfolio, with a significant contribution from the metal related contracts of over 60%, thanks to several major projects in aerospace, transportation, medical, molds & tooling and service bureau sectors, involving multiple machine purchases, “ Don added.“ We are also excited to see the growth in metal PBF machines in Europe and North America market besides our established plastic system installed base. With a strong machine order backlog, we are confident of our positive outlook for 2022.”
In addition, Farsoon for the first time publicly is communicating plans for the expansion of its production capacity. “We are also glad to share that, we are well on the way to completing our new manufacturing facility expansion, with a new dedicated site for increased polymer powder material production; in order to offer high-quality machine and material solutions to our global customer”, said Hope Hou, General Manager of Farsoon, “In the year of 2021, Farsoon has been rapidly growing our team from 300 to 450 additive experts globally with increasing investment in technology & development.”