Nano Dimension Announces Closing of Markforged Acquisition
Nano Dimension (NNDM) has completed its acquisition of Markforged for $116 million ($5.00 per share), strengthening its position in metal and composite manufacturing solutions. The acquisition brings significant advantages, including Markforged's install base of over 15,000 systems across industrial customers and its AI-enhanced manufacturing capabilities.
Markforged generated over $85 million in annual revenue in 2024 with non-GAAP gross margins of approximately 50%. The company's solutions are deployed across key industries including aerospace & defense, automotive, consumer electronics, industrial automation, and medical technology.
As part of the transaction, Markforged's CFO, Assaf Zipori, has been appointed as the new CFO of Nano Dimension. The company aims to focus on maintaining financial strength, driving profitable growth, growing margins, and building customer partnerships.
Nano Dimension (NNDM) ha completato l'acquisizione di Markforged per 116 milioni di dollari (5,00 dollari per azione), rafforzando la sua posizione nelle soluzioni di produzione di metalli e materiali compositi. L'acquisizione offre vantaggi significativi, tra cui la base installata di oltre 15.000 sistemi di Markforged presso clienti industriali e le sue capacità produttive potenziate dall'intelligenza artificiale.
Markforged ha generato oltre 85 milioni di dollari di ricavi annuali nel 2024, con margini lordi non-GAAP di circa il 50%. Le soluzioni dell'azienda sono utilizzate in settori chiave come aerospaziale e difesa, automotive, elettronica di consumo, automazione industriale e tecnologia medica.
Come parte della transazione, Assaf Zipori, CFO di Markforged, è stato nominato nuovo CFO di Nano Dimension. L'azienda punta a mantenere solidità finanziaria, guidare una crescita redditizia, aumentare i margini e consolidare le partnership con i clienti.
Nano Dimension (NNDM) ha completado la adquisición de Markforged por 116 millones de dólares (5,00 dólares por acción), fortaleciendo su posición en soluciones de fabricación de metales y compuestos. La adquisición aporta ventajas significativas, incluyendo la base instalada de más de 15.000 sistemas de Markforged entre clientes industriales y sus capacidades de fabricación mejoradas con inteligencia artificial.
Markforged generó más de 85 millones de dólares en ingresos anuales en 2024, con márgenes brutos no GAAP de aproximadamente el 50%. Las soluciones de la compañía se utilizan en industrias clave como aeroespacial y defensa, automotriz, electrónica de consumo, automatización industrial y tecnología médica.
Como parte de la transacción, Assaf Zipori, CFO de Markforged, ha sido nombrado nuevo CFO de Nano Dimension. La empresa busca mantener la solidez financiera, impulsar un crecimiento rentable, aumentar los márgenes y fortalecer las alianzas con los clientes.
Nano Dimension (NNDM)은 Markforged를 1억 1,600만 달러(주당 5.00달러)에 인수 완료하며 금속 및 복합재 제조 솔루션 분야에서 입지를 강화했습니다. 이번 인수로 산업 고객사에 설치된 15,000대 이상의 시스템과 AI 기반 제조 역량 등 중요한 이점을 확보했습니다.
Markforged는 2024년 연간 매출 8,500만 달러 이상을 기록했으며, 비 GAAP 기준 총이익률은 약 50%입니다. 회사의 솔루션은 항공우주 및 방위, 자동차, 소비자 전자제품, 산업 자동화, 의료 기술 등 주요 산업 분야에 적용되고 있습니다.
이번 거래의 일환으로 Markforged의 CFO인 Assaf Zipori가 Nano Dimension의 새로운 CFO로 임명되었습니다. 회사는 재무 건전성 유지, 수익성 있는 성장 추진, 마진 확대 및 고객 파트너십 강화를 목표로 하고 있습니다.
Nano Dimension (NNDM) a finalisé l'acquisition de Markforged pour 116 millions de dollars (5,00 dollars par action), renforçant ainsi sa position dans les solutions de fabrication de métaux et composites. Cette acquisition apporte des avantages importants, notamment une base installée de plus de 15 000 systèmes chez des clients industriels ainsi que les capacités de fabrication améliorées par l'IA de Markforged.
Markforged a généré plus de 85 millions de dollars de chiffre d'affaires annuel en 2024, avec des marges brutes non-GAAP d'environ 50%. Les solutions de l'entreprise sont déployées dans des secteurs clés tels que l'aérospatiale et la défense, l'automobile, l'électronique grand public, l'automatisation industrielle et la technologie médicale.
Dans le cadre de la transaction, Assaf Zipori, directeur financier de Markforged, a été nommé nouveau directeur financier de Nano Dimension. L'entreprise vise à maintenir sa solidité financière, stimuler une croissance rentable, accroître ses marges et renforcer ses partenariats clients.
Nano Dimension (NNDM) hat die Übernahme von Markforged für 116 Millionen US-Dollar (5,00 US-Dollar pro Aktie) abgeschlossen und stärkt damit seine Position im Bereich der Metall- und Verbundwerkstofffertigung. Die Übernahme bringt bedeutende Vorteile, darunter die installierte Basis von über 15.000 Systemen bei Industriekunden sowie die KI-gestützten Fertigungskapazitäten von Markforged.
Markforged erzielte im Jahr 2024 einen Jahresumsatz von über 85 Millionen US-Dollar mit Non-GAAP-Bruttomargen von etwa 50%. Die Lösungen des Unternehmens werden in wichtigen Branchen wie Luft- und Raumfahrt & Verteidigung, Automobil, Unterhaltungselektronik, industrielle Automatisierung und Medizintechnik eingesetzt.
Im Rahmen der Transaktion wurde Assaf Zipori, CFO von Markforged, zum neuen CFO von Nano Dimension ernannt. Das Unternehmen will seine finanzielle Stärke bewahren, profitables Wachstum fördern, die Margen steigern und Kundenpartnerschaften ausbauen.
- Acquisition adds 15,000+ installed systems across major industrial customers
- Markforged's strong 50% gross margins
- Access to Markforged's AI-enhanced manufacturing and cloud-based capabilities
- Markforged's $85 million annual revenue in 2024
- Strategic expansion into metal and composite manufacturing solutions
- Significant cash outlay of $116 million for acquisition
- Integration costs and challenges ahead
- Need for clear steps to drive profitability post-acquisition
Insights
Nano Dimension's strategic $116M Markforged acquisition brings immediate revenue, strong margins, and expanded industrial customer base with promising integration potential.
Nano Dimension's
This transaction brings three critical financial advantages: immediate revenue contribution with healthy margins, an expanded customer footprint across 15,000+ installed systems at global industrial leaders, and technological diversification into high-value metal and composite manufacturing solutions.
The financial rationale aligns perfectly with Nano Dimension's March 2025 strategic assessment focused on maintaining financial strength while driving profitable growth. The appointment of Markforged's CFO Assaf Zipori to lead the combined company's finances indicates confidence in leadership continuity and signals a smooth financial integration pathway.
For a company with a market cap of approximately
Acquisition gives Nano Dimension advanced AI-enhanced manufacturing capabilities, 15,000+ installed systems, and stronger positioning in high-value industrial production.
This acquisition represents a technological leap forward for Nano Dimension in the digital manufacturing landscape. By acquiring Markforged, Nano gains sophisticated AI-enhanced manufacturing capabilities specifically designed for production environments - addressing the critical challenge of consistently replicating designed parts on manufacturing lines.
Markforged's technological differentiation comes from its tightly integrated approach combining hardware, cloud-based AI software, and materials science expertise. This full-stack solution enables manufacturing of high-performance metal and composite parts directly on factory floors - a capability increasingly critical as manufacturers seek more flexible, resilient production methods.
The installed base of 15,000+ systems across aerospace, defense, automotive, and medical technology sectors provides Nano Dimension immediate penetration into high-value manufacturing applications. These systems are already deployed at production facilities addressing critical industrial imperatives including rapid manufacturing, supply chain resilience, and IP security.
The integration of these capabilities positions Nano Dimension to offer more comprehensive manufacturing solutions spanning the entire design-to-production workflow. Most significantly, the AI-enhanced manufacturing capabilities from Markforged can potentially be deployed across Nano's existing product portfolio, creating differentiated offerings in an increasingly competitive market.
Company Gains Strong Foothold in Metal and Composite Manufacturing Solutions for Manufacturing Floors and Takes Leap Forward in AI-Enhanced Manufacturing
Markforged’s CFO Joins Nano Dimension as Combined Company CFO
Waltham, Massachusetts, April 25, 2025 (GLOBE NEWSWIRE) -- Nano Dimension Ltd. (Nasdaq: NNDM) (“Nano Dimension” or the “Company”), a leader in Digital Manufacturing solutions, today announced the completion of its acquisition of Markforged Holding Corporation (NYSE: MKFG) ("Markforged"), proving the Company a strong foothold in metal and composite manufacturing solutions and a leap forward in AI-enhanced manufacturing. The transaction, valued at
Mr. Ofir Baharav, Chief Executive Officer of Nano Dimension, commented: “Nano Dimension remains firmly committed to its vision: building a preeminent digital manufacturing leader. Completing the Markforged acquisition is a major milestone in fulfilling that vision. With proven metal and composite solutions that tightly integrate hardware, cloud-based AI-enhanced software, and materials science, Markforged has played a critical role in manufacturing on factory floors worldwide. Its install base of over 15,000 systems across leading industrial customers can serve as a strong platform for expanding Nano Dimension’s reach. While Markforged solutions have achieved nearly
Accelerating Leadership in Production Line Manufacturing
With this acquisition, Nano Dimension significantly enhances its position in the design-to-manufacturing of high-performance, high-value metal and composite parts directly where they matter most - on the manufacturing floor. Markforged is a leader not only in exceptional manufacturing systems and materials science, but also in cloud-based services and machine learning based AI manufacturing. AI enhancements uniquely address a critical manufacturing imperative: the precise and consistent replication of designed parts on the production line. Nano Dimension is committed to rapidly integrating and deploying these cutting-edge capabilities across its extensive portfolio of digital manufacturing solutions.
Markforged’s 15,000+ systems are deployed at global leaders across key industries including aerospace & defense, automotive, consumer electronics, industrial automation, and medical technology, along with government organizations. Their premium solutions have become critical for rapid manufacturing, re-shoring, supply chain resilience, IP security, and sustainability.
In 2024, Markforged generated over
Leadership’s Continued Focus
As announced on March 26, 2025, Nano Dimension launched a comprehensive strategic assessment, with a particular focus on its core business and recent acquisitions. This effort reflects our commitment to delivering shareholder value through a strategy centered on:
- Maintaining Financial Strength: Ensure a robust capital base.
- Driving Profitable Growth: Focus on products and services based on innovative technology with a growth outlook that can deliver financial results.
- Growing Margins: Achieve economic efficiencies in manufacturing, operations, supply chains and information systems.
- Building Indispensable Customer Partnerships: Deliver solutions that make Nano Dimension a critical manufacturing partner.
Appointment of New Chief Financial Officer
Assaf Zipori, who has been Chief Financial Officer of Markforged, was appointed as Nano Dimension’s new Chief Financial Officer on April 24, 2025 .
About Nano Dimension
Driven by strong trends in onshoring, national security, and increasing product customization, Nano Dimension (Nasdaq: NNDM) delivers advanced Digital Manufacturing technologies to the defense, aerospace, automotive, electronics, and medical devices industries, enabling rapid deployment of high-mix, low-volume production with IP security and sustainable manufacturing practices.
For more information, please visit https://www.nano-di.com/.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include statements regarding Nano’s future growth, strategic plan and value to shareholders, and all other statements other than statements of historical fact that address activities, events or developments that Nano intends, expects, projects, believes or anticipates will or may occur in the future. Such statements, which include Nano Dimension’s expectations regarding the synergies and potential for growth resulting from the Markforged acquisition, and Nano’s ability to achieve profitability and strengthen its capital position, are based on management’s beliefs and assumptions made based on information currently available to management. These forward-looking statements involve known and unknown risks and uncertainties, which may cause the Company’s actual results and performance to be materially different from those expressed or implied in the forward-looking statements. Accordingly, we caution you that any such forward-looking statements are not guarantees of future performance and are subject to risks, assumptions, estimates and uncertainties that are difficult to predict. Because such statements deal with future events and are based on the current expectations of Nano, they are subject to various risks and uncertainties. The forward-looking statements contained or implied in this communication are subject to other risks and uncertainties, including those discussed under the heading “Risk Factors” in Nano’s annual report on Form 20-F filed with the Securities and Exchange Commission (the “SEC”) on March 21, 2024, and in any subsequent filings with the SEC. Except as otherwise required by law, Nano undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this communication.
Investors: Moshe Rozenbaum, VP Corporate Development | ir@nano-di.com
Media: NanoDimension@feintuchpr.com
FAQ
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