zSpace Stock Price, News & Analysis

zSpace, Inc. (NASDAQ: ZSPC) is a technology company in the computer hardware and immersive learning space that focuses on augmented reality (AR) and virtual reality (VR) experiences for education and workforce preparation. According to company disclosures, zSpace delivers AR/VR learning environments that support science, technology, engineering, and math (STEM), Career and Technical Education (CTE), health sciences, and broader career readiness programs across K–12 schools, technical centers, community colleges, and universities.

Headquartered in San Jose, California, zSpace develops a proprietary hardware and software platform that enables interactive, stereoscopic three-dimensional learning without requiring VR headsets or specialty glasses. The company’s platform is designed to provide hands-on "learning by doing" experiences, allowing users to manipulate lifelike digital models and virtual content with a stylus and head-tracking interface. These capabilities are used in classrooms and labs to make abstract concepts more concrete and to simulate scenarios that might otherwise be dangerous, impossible, or too costly to reproduce with traditional methods.

Immersive AR/VR Hardware Platform

zSpace is classified in the computer hardware industry and builds devices specifically tailored for educational AR/VR applications. Its systems incorporate a patented stereoscopic display and stylus-based interaction that let learners explore digital objects in 3D space. The zSpace Inspire and Inspire 2 laptops, for example, combine AR and VR in a portable form factor, enabling students to interact with virtual content in 360 degrees. The company also offers the Imagine system and supports multiple generations of its hardware with compatible interaction tools.

A key component of zSpace’s interaction model is its stylus technology. The company has evolved from earlier designs that relied on external sensors and display markers to the zStylus One, a next-generation stylus with embedded sensors and machine learning–based calibration. This stylus connects via USB-C and is designed to work across zSpace platforms such as Inspire, Inspire Pro, Inspire V2, Inspire V2 Pro, and Imagine. By embedding tracking into the stylus and leveraging AI-driven algorithms, zSpace aims to simplify classroom setup, reduce auxiliary hardware, and increase precision and responsiveness for instructional applications.

Software, Content, and Application Ecosystem

Beyond hardware, zSpace supports an expanding ecosystem of AR/VR applications and content aligned with STEM and CTE pathways. According to company announcements, its platform is used for:

• STEM learning – interactive visualization of scientific and mathematical concepts in K–12 and higher education settings.
• Career and Technical Education (CTE) – simulations and training experiences in areas such as automotive technology, health science, advanced manufacturing, robotics, and precision measurement.
• Career exploration and readiness – tools that help students explore high-demand careers, understand job requirements, and connect classroom learning to real-world roles.

The company’s CTE-focused offerings include applications for automotive systems (covering topics such as electric and hybrid vehicles, high-voltage safety, and heavy vehicle mechanics), health science training modules, advanced manufacturing simulations, and robotics fundamentals. zSpace has also introduced Precision Measurement by zSpace, an immersive training application for manufacturing, machining, and quality assurance programs. This application allows learners to practice using virtual precision tools, evaluate geometric tolerances, and perform error detection in a simulated environment.

For health-related programs, zSpace content includes applications such as Dental Anatomy and other health science experiences that allow students to explore anatomy and clinical concepts using realistic 3D models. These tools are used by institutions like career and technology centers to help learners visualize internal structures and practice skills before entering clinical or lab environments.

AI Integration and Career-Focused Tools

zSpace integrates artificial intelligence into several aspects of its platform. The company has launched Career Coach AI, described as an AI-powered assistant that provides students with localized, real-time career information and exploration opportunities. Career Coach AI draws on sources such as the U.S. Department of Labor and BLS.gov to deliver geo-located insights into career paths and labor market data, supporting district-wide career exploration courses and helping students plan educational pathways.

In addition, zSpace has introduced zKnow™, an AI assistant that answers educator questions about zSpace’s immersive learning content. This tool is intended to help teachers quickly understand available experiences and integrate them into instruction. The company also reports using AI to support language accessibility for international markets by automating translation of website content and application interfaces and enabling interaction in multiple languages.

Educational Impact and Customer Base

According to repeated company descriptions, zSpace’s solutions are used by over 3,500 school districts, technical centers, community colleges, and universities. The platform is positioned to support equity, accessibility, and engagement by enabling multisensory, experiential learning. Case studies cited by the company highlight use in:

• K–12 schools implementing dedicated AR/VR labs for career exploration and cross-curricular support.
• Career and technology centers using zSpace to deepen understanding of specialized content such as dental anatomy.
• Programs serving neurodivergent learners, where headset-free AR/VR experiences and repeated, risk-free practice are used to build confidence and support language-based learning differences.

zSpace emphasizes that its "learning by doing" approach has been studied in academic research. The company notes that research published in the Journal of Computer Assisted Learning in 2021 examined the impact of 3D virtual reality technologies on student knowledge gains, and it cites this as evidence of educational effectiveness. The company also reports holding more than 70 patents (and in some disclosures more than 80 patents) related to its AR/VR technologies and interaction methods.

Business Model and Revenue Mix

Based on company statements, zSpace generates revenue from a combination of hardware, software, and services. The platform includes AR/VR laptops and related interaction devices, proprietary software applications, and associated services such as content access and support. In its discussion of quarterly results, the company has highlighted the role of renewable software contracts and software and services revenue as part of its financial performance metrics.

The company tracks internal measures such as bookings, Annualized Contract Value (ACV) of renewable software, and Net Dollar Revenue Retention (NDRR) to evaluate its software and subscription-related business. These metrics are used to monitor customer renewals, upsells, and overall software portfolio performance, although they are characterized as non-GAAP operational measures rather than standardized financial metrics.

Capital Markets and Listing Status

zSpace, Inc. is incorporated in Delaware and its common stock trades on The Nasdaq Stock Market under the symbol ZSPC. The company has described itself as an emerging growth company and a smaller reporting company under U.S. securities laws. It has also disclosed that certain stockholders control a majority of the voting power of its common stock, and that it may qualify as a "controlled company" under Nasdaq listing standards.

In recent SEC filings, zSpace reported receiving Nasdaq notices regarding non-compliance with certain continued listing standards, including minimum market value of publicly held shares and minimum bid price requirements. These notices provide defined periods for the company to regain compliance and describe potential consequences, such as possible delisting, if compliance is not restored. The company has stated its intention to monitor these metrics and evaluate options, which may include transferring between Nasdaq market tiers, but there is no assurance of outcome.

Strategic Restructuring and Financing

zSpace has disclosed a strategic restructuring initiative aimed at optimizing its cost structure and enhancing operational efficiency. The restructuring has included headcount reductions and operational changes, primarily within its U.S. business, with the stated goal of reducing operating expenses and strengthening its financial profile.

To support its capital needs, the company has entered into various financing arrangements. These include loan and security agreements providing term loans secured by liens on company assets, as well as a common stock purchase agreement that allows zSpace, at its discretion and subject to conditions, to sell newly issued shares to an institutional investor up to a specified cap. The company has also filed a registration statement to register shares for resale in connection with this equity financing facility.

Regulatory Filings and Governance

As a Nasdaq-listed issuer, zSpace files periodic and current reports with the U.S. Securities and Exchange Commission (SEC), including Forms 10-K, 10-Q, 8-K, proxy statements, and registration statements. These filings provide information on financial results, risk factors, governance matters, financing transactions, and shareholder votes. For example, the company’s proxy materials describe proposals such as director elections, auditor ratification, approval of share issuances under Nasdaq rules, and amendments to its certificate of incorporation.

Board-level governance topics disclosed in filings include director elections, committee composition (Audit, Compensation, and Nominating and Corporate Governance Committees), and changes in board size in connection with restructuring. The company has also reported on shareholder voting outcomes for proposals related to financing transactions and corporate governance changes.

Use Cases Across Education Segments

zSpace’s platform is applied across multiple educational contexts:

• K–12 STEM and general education – teachers use AR/VR labs and laptops to introduce or reinforce concepts in science, math, social studies, and language arts through interactive exploration.
• CTE and vocational programs – institutions deploy zSpace for training in automotive technology, health sciences, advanced manufacturing, robotics, and precision measurement, often as preparation for certification pathways.
• Career exploration – schools implement district-wide career exploration courses using zSpace applications and Career Coach AI to connect students with information about career pathways, required education, and job characteristics.
• Support for diverse and neurodivergent learners – programs serving students with language-based learning differences use headset-free AR/VR experiences and repeated practice to build understanding, confidence, and real-world skills.

Through these use cases, zSpace positions its AR/VR hardware and content as tools that can help educators address engagement, accessibility, and skill development challenges in both academic and technical disciplines.