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World Scan Proj Stock Price, News & Analysis

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Company Description

World Scan Project, Inc. (WDSP) is a Delaware corporation with principal executive offices in Tokyo, Japan. According to its SEC filings, the company operates through World Scan Project Corporation ("WSP"), a subsidiary based in Tokyo, and uses the terms “We,” “Us,” “Our,” “WDSP,” and “The Company” to refer to World Scan Project, Inc. The company’s shares trade on the OTC market under the symbol WDSP.

Available disclosures show that World Scan Project, Inc. is involved in advanced technology projects that span next-generation air mobility, sensor technology for humanitarian mine action, and computing platforms for artificial intelligence workloads. These activities are primarily described through product-focused announcements and conference participation, rather than through a traditional industry label.

STAR WALKERS eVTOL and Personal Air Mobility

World Scan Project, Inc. reports that its subsidiary WSP has developed STAR WALKERS, described as a next-generation air mobility vehicle and a flying sports car. SEC filings and press releases state that STAR WALKERS is an all-electric vertical takeoff and landing (eVTOL) vehicle designed in Japan as a single-passenger, battery-powered aircraft intended for safe, short-range flight capabilities. The company highlights intuitive operation, safety features, and design quality as core elements of the concept.

According to the company’s Form 8-K and related press material, STAR WALKERS is a compact, van-sized vehicle equipped with advanced sensors and GPS for flight stability, as well as automated safety features such as obstacle avoidance, automatic landing, and emergency stop capabilities. Planned reference specifications disclosed by the company include an all-electric eVTOL configuration for a single occupant, composite structural materials, a propulsion system based on eight counter-rotating motors and propellers, and target performance ranges for speed, flight time, and cruising distance. The company has announced that it is accepting non-binding, fully refundable pre-orders, with deliveries contingent on factors such as regulatory approvals, certification, technical feasibility, and order volume.

In its public communications, World Scan Project, Inc. links STAR WALKERS to a broader vision of personal air mobility. The company describes the project as representing a future in which people can experience a “walk through the sky,” and characterizes STAR WALKERS as part of a new era of air mobility originating from Japan. The company also describes the vehicle as zero-emission during operation due to its electric propulsion system, and notes attributes such as rapid charging, reduced noise, and a lightweight design in its press materials.

JIKAI Magnetic Field Sensor for Mine Action

World Scan Project, Inc. has also disclosed the development of JIKAI, a high-performance magnetic field sensor created by its subsidiary WSP. In a Form 8-K related to the Ukraine Mine Action Conference (UMAC2025) held in Tokyo, the company reports that WSP presented and exhibited JIKAI as a next-generation magnetic field sensor for potential use in humanitarian mine clearance activities.

The company states that JIKAI achieves ultra-high sensitivity in the range of 15–20 picotesla, surpassing conventional fluxgate methods, and is based on a proprietary "JIKAI Method." According to the filing, the sensor is compact, lightweight, and rugged, enabling deployment on drones or underwater robots. By allowing measurements in areas that are inaccessible or hazardous to personnel, JIKAI is expected by the company to reduce exposure risks and enhance safety in operations involving landmines and unexploded ordnance.

World Scan Project, Inc. further reports that JIKAI can be integrated with dedicated software called JIKAI-VISION. The company describes JIKAI-VISION as software that visualizes acquired data as heat maps over geospatial layers, supporting analysis and operational planning. At UMAC2025, attendees reportedly expressed interest in field testing and practical implementation, and the company states that it intends to accelerate development and implementation of JIKAI, using insights from discussions with local stakeholders and international organizations.

ZEXA CLUSTER Immersion-Cooled Computing Platform

Another product disclosed by World Scan Project, Inc. is ZEXA CLUSTER, described in SEC filings as an immersion-cooled computing platform designed to address performance and sustainability demands associated with artificial intelligence. The company states that the system is designed to submerge CPUs in commonly available water sources to manage heat efficiently, without relying on specialized fluids.

According to the company’s Form 8-K, ZEXA CLUSTER is intended to support modular, scalable AI workloads and may have potential applications in enterprise and distributed computing environments. The company notes that it believes development of the prototype is complete, but emphasizes that any commercial version may differ materially from the prototype or current specifications. Deployment and commercialization are described as subject to testing, validation, manufacturing readiness, and applicable regulatory or compliance requirements.

Background in Drone-Based 3D Scanning

In press materials referenced by the company, WSP describes a background in 3D scanning of archaeological sites using proprietary drone-mounted systems. The company states that this experience with drone technology provided a foundation for its move into next-generation air mobility projects such as STAR WALKERS. This suggests that World Scan Project, Inc. has historically focused on drone-based data acquisition and scanning, and is now extending those capabilities into new product areas.

Humanitarian and Technology-Focused Positioning

Through its disclosed activities, World Scan Project, Inc. positions itself at the intersection of air mobility, sensing technology, and computing infrastructure. The JIKAI sensor and its presentation at an international mine action conference connect the company to humanitarian mine clearance and recovery efforts in regions affected by landmines and unexploded ordnance. At the same time, STAR WALKERS and ZEXA CLUSTER reflect a focus on emerging technology concepts in personal air mobility and AI-related computing.

The company’s filings repeatedly include cautionary statements noting that many of its projects are in development or prototype stages. They emphasize uncertainties related to technical feasibility, regulatory approvals, manufacturing capabilities, market acceptance, and other factors that could affect whether products such as STAR WALKERS, JIKAI, or ZEXA CLUSTER reach practical or commercial use.

Regulatory Filings and Risk Disclosures

World Scan Project, Inc. files reports with the U.S. Securities and Exchange Commission, including Forms 8-K that describe material events such as product unveilings and conference participation. These filings include detailed risk disclosures stating that forward-looking statements are not guarantees of future performance, and that actual results may differ materially due to various risks and uncertainties. The company refers investors to its Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, and other Forms 8-K for additional risk factors and information.

Business Model and Revenue Considerations

The available sources focus on product concepts, technical characteristics, and event participation, rather than providing a detailed breakdown of revenue streams or customer segments. The company describes activities such as accepting non-binding pre-orders for STAR WALKERS and presenting JIKAI to organizations involved in humanitarian mine action, but does not provide explicit information in these documents about how these projects contribute to current revenue or profitability.

Key Themes for Investors and Observers

Based on the information disclosed in recent SEC filings and press releases, several themes characterize World Scan Project, Inc.:

  • Development of an all-electric eVTOL flying sports car (STAR WALKERS) aimed at short-range personal air mobility.
  • Creation of a high-sensitivity magnetic field sensor (JIKAI) and visualization software (JIKAI-VISION) for potential use in mine and unexploded ordnance detection.
  • Introduction of an immersion-cooled computing platform (ZEXA CLUSTER) designed for AI-related workloads.
  • A technical background in drone-mounted systems and 3D scanning of archaeological sites.
  • Ongoing emphasis on development-stage projects, prototypes, and associated technical and regulatory risks.

Investors researching WDSP can use these disclosures to understand the company’s focus areas in air mobility, sensing technologies, and computing infrastructure, while also considering the development-stage nature of many of its projects as described in its own filings.

Stock Performance

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Performance 1 year

Financial Highlights

$25.2M
Revenue (TTM)
-$768K
Net Income (TTM)
-$16.9M
Operating Cash Flow

Upcoming Events

JAN
01
January 1, 2027 - December 31, 2027 Product

Deliveries scheduled

First STAR WALKERS deliveries expected throughout 2027

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Frequently Asked Questions

What is the revenue (TTM) of World Scan Proj (WDSP) stock?

The trailing twelve months (TTM) revenue of World Scan Proj (WDSP) is $25.2M.

What is the net income of World Scan Proj (WDSP)?

The trailing twelve months (TTM) net income of World Scan Proj (WDSP) is -$768K.

What is the earnings per share (EPS) of World Scan Proj (WDSP)?

The diluted earnings per share (EPS) of World Scan Proj (WDSP) is $-0.04 on a trailing twelve months (TTM) basis. Learn more about EPS .

What is the operating cash flow of World Scan Proj (WDSP)?

The operating cash flow of World Scan Proj (WDSP) is -$16.9M. Learn about cash flow.

What is the profit margin of World Scan Proj (WDSP)?

The net profit margin of World Scan Proj (WDSP) is -3.0%. Learn about profit margins.

What is the gross margin of World Scan Proj (WDSP)?

The gross profit margin of World Scan Proj (WDSP) is 30.2%. Learn about gross margins.

What is the current ratio of World Scan Proj (WDSP)?

The current ratio of World Scan Proj (WDSP) is 8.27, indicating the company's ability to pay short-term obligations. Learn about liquidity ratios.

What is the gross profit of World Scan Proj (WDSP)?

The gross profit of World Scan Proj (WDSP) is $7.6M on a trailing twelve months (TTM) basis.

What does World Scan Project, Inc. (WDSP) do?

According to its SEC filings and related press materials, World Scan Project, Inc. focuses on development-stage technology projects through its subsidiary World Scan Project Corporation. These include the STAR WALKERS all-electric eVTOL flying sports car, the JIKAI high-performance magnetic field sensor with JIKAI-VISION visualization software for mine and unexploded ordnance detection, and the ZEXA CLUSTER immersion-cooled computing platform for AI workloads.

What is STAR WALKERS?

STAR WALKERS is described by World Scan Project, Inc. as a next-generation air mobility vehicle and flying sports car. It is an all-electric vertical takeoff and landing (eVTOL) prototype designed in Japan for a single passenger and intended for safe, short-range flight. Company disclosures highlight advanced sensors, GPS-based flight stability, and automated safety features such as obstacle avoidance, automatic landing, and emergency stop capabilities, along with a compact, van-sized form factor.

What is the JIKAI sensor and how is it used?

JIKAI is a high-performance magnetic field sensor developed by World Scan Project Corporation, as described in a Form 8-K. The company reports that it achieves ultra-high sensitivity in the 15–20 picotesla range and uses a proprietary "JIKAI Method." It is compact, lightweight, and rugged, enabling deployment on drones or underwater robots. The company presented JIKAI at the Ukraine Mine Action Conference (UMAC2025) as a technology intended to support safer detection of landmines and unexploded ordnance.

What is JIKAI-VISION?

JIKAI-VISION is described in the company’s SEC filings as dedicated software that works with the JIKAI magnetic field sensor. World Scan Project, Inc. states that JIKAI-VISION can visualize acquired data as heat maps over geospatial layers, which is intended to support analysis and operational planning in activities such as mine and unexploded ordnance detection.

What is ZEXA CLUSTER?

ZEXA CLUSTER is an immersion-cooled computing platform introduced by World Scan Project, Inc. in its Form 8-K. The company describes it as designed to meet performance and sustainability demands of artificial intelligence by submerging CPUs in commonly available water sources to manage heat, without specialized fluids. It is intended to support modular, scalable AI workloads, with potential applications in enterprise and distributed computing environments, subject to validation, manufacturing readiness, and regulatory requirements.

Is STAR WALKERS commercially available?

World Scan Project, Inc. reports that it is accepting non-binding, fully refundable pre-orders for STAR WALKERS and has discussed estimated delivery timing in its filings. However, the company emphasizes that STAR WALKERS is a prototype, that any commercial product may differ from current specifications, and that commercialization depends on factors such as technical feasibility, regulatory approvals, certification, manufacturing capabilities, market conditions, and other uncertainties.

How is World Scan Project, Inc. involved in humanitarian mine action?

The company’s involvement is described through the JIKAI sensor and its presentation at the Ukraine Mine Action Conference (UMAC2025) in Tokyo. World Scan Project, Inc. reports that JIKAI is intended to support detection of landmines and unexploded ordnance by enabling high-sensitivity magnetic field measurements from drones or underwater robots, and that it engaged with local companies and organizations involved in humanitarian aid and mine clearance at the conference.

What risks does World Scan Project, Inc. highlight in its SEC filings?

In its Forms 8-K, World Scan Project, Inc. includes cautionary notes stating that forward-looking statements are not guarantees of future performance. The company cites risks such as the ability to complete development, testing, and validation; achieve technical feasibility; establish manufacturing and deployment capabilities; obtain necessary regulatory or compliance approvals; realize market acceptance; and successfully bring products like STAR WALKERS, JIKAI, and ZEXA CLUSTER into practical or commercial use.

What is the relationship between World Scan Project, Inc. and World Scan Project Corporation?

World Scan Project Corporation (WSP) is described in SEC filings as a subsidiary of World Scan Project, Inc. The filings state that WSP is based in Tokyo and is responsible for activities such as developing and unveiling STAR WALKERS, presenting the JIKAI sensor at the Ukraine Mine Action Conference, and working on related technologies.

What background does the company report in drone and 3D scanning technology?

In press materials referenced by the company, WSP states that it has long been engaged in 3D scanning of archaeological sites around the world using proprietary drone-mounted systems. The company indicates that this experience with drone technology provided a foundation for its move into next-generation air mobility projects such as STAR WALKERS.