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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) has opened its new European headquarters in Munich, Germany, to enhance commercial and research activities in the Additively Manufactured Electronics sector. The strategic location in Munich will enable better service to existing and prospective clients while fostering advancements in Advanced Material R&D.
The inauguration was attended by the State of Bavaria’s Minister of Economic Affairs, emphasizing Bavaria's high-tech agenda, particularly in microelectronics. Nano Dimension's expansion complements its existing presence across multiple countries, positioning the company for growth in the European market.
Nano Dimension Ltd. (Nasdaq: NNDM) released a video featuring CEO Yoav Stern addressing accusations from Murchinson Ltd. and Anson Funds Management, who allegedly aim to undermine the company and seize control. Stern emphasized the company's commitment to transparency with its shareholders while defending against these claims. The firm specializes in Additively Manufactured Electronics and aims to lead in environmentally friendly manufacturing technologies. Nano Dimension serves over 2,000 clients across various sectors, including aerospace, automotive, and medical technology, pushing for innovation through AI-driven manufacturing solutions.
Nano Dimension Ltd. (Nasdaq: NNDM) recently emphasized its strategic vision for a potential combination with Stratasys Ltd.. In a video presentation, CEO Yoav Stern outlined how this partnership could unlock substantial value for Stratasys shareholders through synergies in product development, R&D, and market expansion. Nano Dimension aims to leverage deep learning-based AI to enhance manufacturing capabilities and offer solutions for a wide range of clients, including those in aerospace and medical sectors. The company continues to focus on environmentally friendly and efficient production methods, serving over 2,000 customers.
Nano Dimension Ltd. (Nasdaq: NNDM) announced that an Israeli court has set a preliminary hearing regarding its lawsuit against Murchinson and its affiliates for June 18, 2023. The court rejected Murchinson's request to expedite the hearing. Nano Dimension is seeking a declaratory judgment stating Murchinson's special general meeting is illegal and is pursuing $10 million in damages. The company urges shareholders to disregard any communications regarding Murchinson's illegal shareholder meeting, reaffirming its commitment to comply with laws and regulations in protecting shareholder interests.
Nano Dimension Ltd. (Nasdaq: NNDM) has released a series of videos that outline the company’s vision and strategic plans. In these videos, CEO Yoav Stern addresses and dispels common misconceptions while affirming the company’s commitment to shareholder transparency. The initiative aims to provide shareholders with direct insights rather than relying on third-party interpretations. Nano Dimension focuses on transforming manufacturing processes through Additively Manufactured Electronics (AME) and other advanced technologies, serving over 2,000 clients across various sectors, including aerospace and healthcare.
Anson Funds, holding 5.1% of Nano Dimension's shares, expresses deep concerns over the company's management and board, accusing them of destroying shareholder value. Anson criticizes the board's unilateral decision-making, particularly regarding a proposed acquisition of Stratasys, Ltd. (SSYS), which they believe undermines shareholder interests amidst an ongoing proxy contest. Anson recommends significantly increasing the capital return program, currently at $100 million, as it only represents 9% of available cash. The firm highlights management's failure to demonstrate profitable growth and warns against wasteful spending on M&A. Anson urges adherence to fiduciary duties to shareholders.
Stratasys has received an unsolicited non-binding indicative offer from Nano Dimension to acquire the company for $18.00 per share in cash. The Stratasys Board, adhering to fiduciary duties, will review the proposal with independent financial and legal advisors to determine the best course of action for shareholders. Shareholders are advised to take no action at this time. Stratasys is noted for leading the additive manufacturing sector with innovative 3D printing solutions across various industries including aerospace and healthcare.
Nano Dimension Ltd. (Nasdaq: NNDM) has proposed an all-cash acquisition offer of $18.00 per share for Stratasys Ltd. (Nasdaq: SSYS), representing a significant 36% premium over its unaffected closing price on March 1, 2023. This potential $1.1 billion transaction aims to create a global leader in 3D printing, enhancing capabilities in additive manufacturing across various materials and technologies. The merger promises to unlock synergies, accelerate R&D, and enhance market penetration. Nano Dimension currently holds approximately 14.5% of Stratasys shares and anticipates a definitive agreement following due diligence and necessary approvals.
Nano Dimension Ltd. (Nasdaq: NNDM) has released a video aimed at clarifying misinformation from a confused shareholder. The video features CEO Yoav Stern, who addresses misconceptions and emphasizes the company's commitment to transparency with shareholders. This initiative is seen as a proactive measure against misleading narratives propagated by dissenting parties. Nano Dimension focuses on transforming manufacturing through its advanced Additively Manufactured Electronics (AME) and 3D printing technologies. The company serves over 2,000 clients in various sectors, promoting efficiency and innovation in electronic and mechanical device manufacturing.
Nano Dimension (Nasdaq: NNDM) emphasized that a shareholder meeting convened by Murchinson Ltd. is invalid and urged shareholders to disregard any proxy materials associated with it. The company has not solicited proxy cards and asserts that Murchinson is attempting to hold an illegal meeting that undermines shareholder rights. Nano Dimension has filed a lawsuit to declare the meeting illegal and is confident in its position. The management team, since January 2020, has achieved over a 15% increase in stock price while maintaining a robust governance structure aimed at enhancing shareholder value. No action is required from shareholders at this time.
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