Strategic partnerships Novastar Solutions has formed and announced partnerships with Farsoon Technologies and MasterScanner USA to expand capabilities in industrial 3D printing, inspection, and additive manufacturing. This indicates openness to collaboration and a potential channel for co-selling high-end hardware, calibration services, and AM solutions.

Industrial diversification The company services automotive, manufacturing, aerospace, medical devices, nuclear energy, and academic sectors, suggesting a broad, diversified addressable market with multiple buying centers and opportunities for IT services, asset management, calibration, and industrial printing solutions.

Geographic focus Based in Livonia, Michigan with a Midwest footprint, there is potential to pursue regional clients in automotive and manufacturing hubs, leveraging local proximity for faster service, on-site calibration, and hardware refresh cycles.

Growth through acquisition Recent consolidation activity includes acquiring MasterScanner USA, signaling a growth strategy that could enable cross-sell of inspection, calibration, and hardware asset management capabilities to a broader customer base.

Financial scale With estimated revenue between 50M and 100M and a workforce of 51–200 employees, there is a substantial mid-market profile suitable for enterprise-grade IT services, asset management contracts, and scalable calibration and industrial printer support programs.