en.Wedoany.com Reported - Wang Peng, Vice President and Board Secretary of China's Scantech, gave an exclusive interview to the STAR Market Daily, detailing the company's strategic plan to expand from industrial 3D scanning into the consumer-grade market. Headquartered in Hangzhou Future Sci-Tech City, Scantech was founded in 2015 by several Zhejiang University alumni. It specializes in high-precision 3D scanners and digital solutions, with products covering fields such as automotive manufacturing, aerospace, and engineering machinery.
Wang Peng stated that while the industrial-grade business will continue to grow steadily, the company is focusing on laying out professional-grade and consumer-grade tracks to create new growth curves. In early 2025, Scantech established the 3DeVOK business unit, and in January 2026, it signed a framework agreement with Shenzhen-based Bambu Lab. The two parties will jointly develop consumer-grade 3D scanners, with Scantech responsible for production and sales to Bambu Lab. 3D scanners are a key data entry point for 3D printing. This collaboration leverages Bambu Lab's brand channels and insights into consumer users, helping Scantech accelerate its entry into the consumer-grade market.
The annual report disclosed that Scantech achieved revenue of 371 million yuan in 2025, a year-on-year increase of 11.65%, but its net profit attributable to the parent company fell by 20.44% to 95.8946 million yuan. The slowdown in revenue growth was partly due to an increase in domestic projects requiring acceptance checks, which lengthened the confirmation cycle. Meanwhile, procurement volume from the former ODM client FARO Technologies dropped significantly after it was acquired by a competitor's parent company. This impact extended into the first quarter of 2026, when revenue grew slightly by 0.15%, while net profit fell by over 70% year-on-year. The company explained that another major reason for the profit decline was a substantial increase in R&D investment, with total R&D spending up approximately 56.49% year-on-year in 2025, and R&D expenses in Q1 2026 rising 47.08% year-on-year.
Wang Peng pointed out: "The company's current overall scale is still relatively small. With a revenue scale of a few hundred million yuan, a slight increase in R&D and sales investment will have a noticeable impact on the profit side. This is also the core reason why we are eager to scale up our volume." He added that the company's gross margin has long been maintained above 70%, and it is even higher in overseas markets. An increasing share of overseas revenue will help support the overall gross margin.
Regarding overseas layout, Scantech's overseas revenue grew by about 28% year-on-year in 2025, with its share of main business revenue rising to 49.19%. The company has established subsidiaries in the United States and Germany, and set up offices in India, Mexico, and other locations. Its overseas clients include Tesla, Caterpillar, Boeing, and Airbus. Wang Peng revealed that the short-term goal is to push overseas revenue past 100 million US dollars, or even 200 million US dollars, with the long-term aspiration of becoming a representative brand in the global 3D vision field.
In terms of technological extension, Scantech is focusing on robot binocular vision. It has already launched equipment for robot factory calibration and dynamic precision feedback, and is exploring mounting binocular vision systems onto robot bodies to serve as sensory organs. Its 6D pose tracking system has also been migrated to the industrial robot and collaborative robot sectors, laying the foundation for future expansion. The company stated that it will use binocular vision technology as its foundation to continuously broaden the application scenarios for 3D scanners, gradually moving towards the goal of "everything can be scanned, everything can be digitized."
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