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Nano Dimension Ltd. (Nasdaq: NNDM) is a pioneer in the field of additive manufacturing technology, focusing on the development and production of intelligent 3D printing systems for Additively Manufactured Electronics (AME). The company's state-of-the-art 3D printing technologies are revolutionizing the way electronic devices are designed and manufactured, targeting sectors with growing demands for advanced features and rapid prototyping capabilities.
At the core of Nano Dimension’s innovations is the DragonFly multi-material 3D printer family, which utilizes proprietary conductive nano-silver inks and dielectric inks. This technology enables in-house agile hardware development and the creation of multi-layer printed circuit boards (PCBs), which are essential components in various electronic devices. Its applications span across diverse industries including consumer electronics, medical devices, defense, aerospace, automotive, IoT, and telecommunications.
Nano Dimension's machines are designed to meet the cross-industry needs by depositing proprietary conductive and dielectric materials simultaneously, allowing the integration of components such as capacitors, antennas, coils, and transformers. This integration leads to unprecedented performance in electronic devices. The company's portfolio extends into mechanical, chemical, industrial design, and artificial learning areas, addressing sophisticated requirements in autonomous intelligent drones, cars, satellites, smartphones, and medical devices.
Recent Achievements
Nano Dimension is continuously evolving, driven by deep learning-based AI to enhance manufacturing capabilities. By leveraging self-learning and self-improving systems, the company manages a distributed manufacturing network via the cloud, providing transformative solutions for Industry 4.0. Over 2,000 customers, including aerospace and defense, advanced automotive, high-tech industrial, specialty medical technology, R&D, and academia sectors, benefit from the company’s advanced AME and additive manufacturing solutions.
Latest Projects
In its latest initiatives, Nano Dimension announced the release of financial results for the fourth quarter and full year of 2023, showcasing its robust financial health and strategic growth plans. The company has also partnered with industry leaders like Esko and Fiery to further refine digital printing capabilities, underscoring its commitment to innovation and customer-centric solutions.
Financial Condition
The company’s financial trajectory remains strong, supported by strategic investments and partnerships that enhance its product offerings and market reach. Nano Dimension’s commitment to sustainable and economically efficient manufacturing processes aligns with its vision of transforming existing electronics and mechanical manufacturing into next-generation precision additive electronics.
For more information, visit www.nano-di.com.
Nano Dimension Ltd. (Nasdaq: NNDM) announced key developments in its micro additive manufacturing (Micro-AM) business, including the launch of a next-generation system, new materials, and a strategic partnership with The Technology House (TTH). These innovations will be showcased at the RAPID + TCT conference in Chicago from May 2-4, 2023. The Giga and Tera lines of their latest systems offer micron-level resolution, catering to various production needs from prototyping to high-volume manufacturing. New materials introduced include a durable ABS-like material, a high-accuracy transparent material, and a composite ceramic material. TTH, a new customer, is recognized for its advanced manufacturing capabilities, highlighting Nano Dimension's increasing market traction.
Nano Dimension has announced that an Israeli court has ruled in favor of its full authority to pursue an acquisition of Stratasys. The company emphasized that this transaction would provide immediate cash payments at a significant premium to Stratasys shareholders. The court decision, made on April 16, 2023, rejected motions that aimed to restrict Nano Dimension's ability to conduct this acquisition. Nano Dimension plans to initiate a special tender offer of $18.00 per share to Stratasys shareholders, asserting that over 90% of its own shareholders oppose the current board's actions and are not swayed by Murchinson and Anson’s agenda. The company has also indicated that it will appeal against the appointment of observers linked to these opposing parties, reinforcing its commitment to finalize the acquisition.
Stratasys Ltd. (NASDAQ: SSYS) has responded to a recent Israeli court ruling concerning Nano Dimension Ltd. (NASDAQ: NNDM) and its largest shareholder, Murchinson Ltd. The court's decision raises concerns about whether substantial decisions are being made by Nano's Board of Directors in the shareholders' best interest. The litigation centers on the validity of a March 2023 Special General Meeting, where 92% of votes supported removing four directors, including CEO Yoav Stern. Although the court allowed Murchinson to appoint two directors as observers, Nano plans to appeal, casting doubt on its management's authority. Stratasys argues that Nano's actions pose significant risks to its shareholders.
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