Welcome to our dedicated page for Nano Dimension news (Ticker: nndm), a resource for investors and traders seeking the latest updates and insights on Nano Dimension stock.
Nano Dimension Ltd. (NNDM) pioneers additive electronics and industrial 3D printing solutions that transform how complex circuits and devices are manufactured. This page aggregates official company announcements, financial disclosures, and strategic developments for stakeholders tracking innovation in digital manufacturing.
Access real-time updates including earnings reports, technology breakthroughs, and partnership announcements directly from Nano Dimension. Investors and industry professionals will find curated press releases on product launches, R&D milestones, and market expansions within aerospace, defense, and medical electronics sectors.
All content is sourced from verified corporate communications to ensure accuracy. Bookmark this page for efficient tracking of Nano Dimension's progress in advancing multi-material 3D printing systems and conductive nano-inks that redefine electronics production.
Nano Dimension Ltd. (Nasdaq: NNDM) announced the installation of its Admaflex130 3D printing system at NASA’s Marshall Space Flight Center. This system, part of a project to 3D print sodium-ion batteries, showcases capabilities in multi-material manufacturing, particularly ceramics and metals. Acquired in July 2022, the Admaflex130 leverages Digital Light Processing technology, enabling high-resolution production of complex geometries. CEO Yoav Stern expressed pride in collaborating with NASA, highlighting the potential for innovative applications in space exploration.
Nano Dimension (Nasdaq: NNDM) announced a new purchase order from a leading Western intelligence agency for its DragonFly IV® 3D printer. This order signifies the growing reliance of defense and intelligence sectors on advanced Additive Manufacturing Electronics (AME) technologies. The DragonFly IV® enables the production of high-performance electronic devices, crucial for applications like drones and satellites. The CEO emphasized the significance of the client purchasing a second machine, showcasing the effectiveness of their technology and its potential to impact commercial markets significantly.
Nano Dimension (Nasdaq: NNDM) has announced its intent to contest the validity of a shareholder meeting called by Bistricer/Murchinson Ltd., asserting it as illegal. The company is seeking $10 million in damages due to alleged bad faith actions by Bistricer/Murchinson. With a remarkable 1,000% growth in annual revenues over two years and over $1 billion in cash reserves, Nano is focused on shareholder value and has initiated a $100 million share buyback program. The Board advises shareholders to disregard any proxy materials from Bistricer/Murchinson, stating no action is required at this time.
Murchinson Ltd., a significant shareholder of Nano Dimension Ltd. (NNDM), criticized the company's performance under Chairman Yoav Stern, citing a decline of over
Nano Dimension Ltd. (Nasdaq: NNDM) informs shareholders to disregard proxy materials from Murchinson Ltd., as a special meeting notice issued by Murchinson is deemed invalid due to legal non-compliance. The company has filed a lawsuit in Israel to declare this meeting illegal and to seek damages. Nano Dimension emphasizes that no shareholder action is required at this time and will notify shareholders when a valid meeting is scheduled. The company remains focused on growth, having achieved a 1,000% increase in annual revenues ($4 million to $43.6 million) over two years while maintaining over $1 billion in cash and initiating a $100 million share repurchase program.
Murchinson Ltd., holding approximately 5.2% of Nano Dimension Ltd. (NNDM)'s shares, emphasizes the need for shareholder engagement at the Special Meeting on
Nano Dimension (Nasdaq: NNDM) has appointed Lazard as a strategic advisor for mergers and acquisitions and to address challenges posed by Bistricer/Murchinson. This move supports the company's ongoing M&A master plan aimed at accelerating growth and enhancing shareholder value. Notably, Nano Dimension has experienced exponential revenue growth of over 1,000% from 2020 to 2022 while retaining over $1 billion in cash. CEO Yoav Stern emphasized the goal of becoming the market leader in additive manufacturing and transforming traditional industries.
Nano Dimension (Nasdaq: NNDM) has initiated its share repurchase plan, committing up to $100 million to buy back its American Depository Shares (ADS). This plan allows management to repurchase shares in open market and private transactions based on market conditions. CEO Yoav Stern stated that the buyback reflects confidence in the company's value, particularly as current share prices are below cash value, positioning it as a value investment. The company aims to enhance shareholder value while pursuing synergistic mergers and acquisitions.
Nano Dimension (Nasdaq: NNDM) issued a statement on February 14, 2023, announcing that a special shareholder meeting called by Murchinson Ltd. was illegal and should be disregarded. The Company emphasized that Murchinson failed to comply with the Israeli Companies Law. This follows a lawsuit against Bistricer by the Ontario Securities Commission for violating securities laws. Nano Dimension remains committed to protecting shareholder rights against Murchinson's actions, which have previously included stock manipulation allegations. The Board assures shareholders it will only provide valid meeting information.
Murchinson Ltd. has called a Special General Meeting for March 20, 2023, to address shareholder concerns after Nano Dimension's refusal to convene a meeting. Murchinson holds 5.2% of the shares and aims to replace four current directors, including CEO Yoav Stern, with two independent nominees, Ken Traub and Dr. Joshua Rosensweig. The agenda includes amendments to the Articles of Association to empower shareholders in director appointments and removals. The record date for voting is February 17, 2023, with proxy materials filed with the SEC.
