zSpace, Inc.

General Information
Business:

We are a leading provider of augmented reality (AR) and virtual reality (VR) educational technology solutions. (Incorporated in Delaware)

We believe that we are a recognized brand in the education market with a current focus on both United States K-12 schools and Career & Technical Education (CTE) markets. Our proprietary hardware and software platform provides the unique ability to deliver an interactive, stereoscopic three-dimensional (3D) learning experience to our users without the need to utilize VR goggles or specialty glasses. Our hands-on “learning by doing” solutions have been shown to enhance the learning process and drive higher student test scores, as evidenced by a study on the utility of 3D virtual reality technologies for student knowledge gains published in the Journal of Computer Assisted Learning in 2021. We allow students and teachers to experience learning in the classroom that may otherwise be dangerous, impossible, counterproductive, or expensive using traditional techniques. Our platform serves a broad range of critical educational tools designed for K-12 science, technology, engineering and math (STEM) lessons as well as training skilled trades in areas such as health sciences, automotive engineering/repair, Unity3D® software programming and advanced manufacturing.

Note: Net loss and revenue are for the 12 months that ended March 31, 2024.

(Note: zSpace Inc. filed an S-1/A dated July 22, 2024, and disclosed the terms for its IPO: 3.0 million shares at $4.50 to $5.50 to raise $15.0 million.)

Industry: Education Tech - Hardware & Software
Employees: 70
Founded: 2006
Contact Information
Address 55 Nicholson Lane San Jose, California 95134
Phone Number (408) 498-4050
Web Address http://www.zspace.com/
View Prospectus: zSpace, Inc.
Financial Information
Market Cap $117.3mil
Revenues $44.21 mil (last 12 months)
Net Income $-21.87 mil (last 12 months)
IPO Profile
Symbol ZSPC
Exchange NASDAQ
Shares (millions): 3.0
Price range $4.50 - $5.50
Est. $ Volume $15.0 mil
Manager / Joint Managers Roth Capital Partners/ Craig-Hallum Capital Group
CO-Managers Barrington Research
Expected To Trade: 9/23/2024
Day: Week of
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change