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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 entered a partnership with Tethon Corporation to create new high-performance materials for its Fabrica 2.0 micro-additive manufacturing system. This collaboration aims to develop specialty materials such as high-temperature and transparent formulations, which could enhance applications in medical devices, electrical connectors, and microfluidics. The company is focused on expanding market opportunities through innovative R&D, including AI advancements in manufacturing processes. The two companies will showcase their developments at the Formnext Exhibition in Frankfurt from November 15-18.
Nano Dimension (Nasdaq: NNDM) will present its innovative Additively Manufactured Electronics (AME) solutions at Formnext 2022 in Frankfurt, Germany, from November 15-18. At Stand C119, attendees can explore the DragonFly® IV AME system, Fabrica 2.0, and Admaflex 300, showcasing advancements in additive manufacturing technology. The company aims to transform the electronics industry with its unique combination of solutions, enabling efficient, on-demand production. Nano Dimension seeks partnerships for enhancing production flexibility and agility.
Nano Dimension (Nasdaq: NNDM) announced its preliminary financial results for Q3 and the first nine months of 2022, reporting consolidated revenues of approximately $10 million for Q3, a 646% increase year-over-year. For the nine-month period, total revenue reached $31.5 million, reflecting a remarkable 963% increase compared to the same timeframe in 2021. Additionally, the company stated a record backlog exceeding $9 million, with consolidated cash and investments totaling about $1.188 billion as of September 30, 2022. Final results will be released on December 1, 2022.
Nano Dimension Ltd. (Nasdaq: NNDM) will participate in the ThinkEquity Conference on October 26, 2022, in New York City. The company will present at 11:00 am ET and hold one-on-one meetings with investors throughout the day. This conference focuses on innovative technologies, including additive manufacturing and biotechnology. Attendees can register for the event and request meetings via the provided link. The presentation will be available on the investor relations website for 90 days post-event.
Nano Dimension Ltd. (Nasdaq: NNDM) will present at the Lytham Partners’ Fall 2022 Virtual Investor Conference on September 28th and 29th. This conference showcases high-growth companies across sectors, providing an opportunity for management to engage in one-on-one meetings with potential investors. Nano Dimension aims to revolutionize the electronics industry through innovative additive manufacturing, offering solutions such as the DragonFly IV system for high-performance electronic devices. For event registration or inquiries, interested parties can click here.
Nano Dimension Ltd. (Nasdaq: NNDM) reported significant revenue growth, achieving $21.5 million in H1 2022, a 1,227% increase from H1 2021. Q2 2022 revenues reached $11.1 million, up 1,268% year-over-year and 6% from Q1 2022. However, the company faced a net loss of $40 million in Q2, primarily due to high R&D expenses of $18.4 million. As of June 30, 2022, cash reserves stood at approximately $1.27 billion. The company emphasizes its strategic acquisitions and a strong cash management strategy in response to market conditions, particularly in light of the ongoing supply chain crisis.
Nano Dimension Ltd. (Nasdaq: NNDM) announced the appointment of Dale Baker as the new President of Nano Dimension – Americas. He will spearhead the expansion of U.S. operations and worldwide sales while executing the company's growth strategy through organic initiatives and M&A. With a rich background at General Electric and leadership roles in several companies, Baker aims to revolutionize the Additive Manufacturing industry. The former President, Sean Patterson, is leaving for a COO position at a PCB manufacturer.
Nano Dimension Ltd. (NNDM) announced that an Israeli court has approved its repurchase plan, enabling it to buy back up to $100 million worth of American Depository Shares (ADS) over the next 12 months. The repurchase aims to enhance shareholder value and will be conducted based on market conditions and regulations. The management has the flexibility to repurchase all or part of the authorized amount, with no obligation to buy back specific numbers of ADSs. This initiative is consistent with Nano Dimension's strategy to leverage its financial resources for potential stock price support.
Nano Dimension (Nasdaq: NNDM) announced preliminary financial results for Q2 and H1 2022. The company reported $11 million in revenues for Q2 2022, a 1,275% increase compared to Q2 2021, and a 5.5% increase over Q1 2022. For H1 2022, revenues totaled $21.5 million, marking a 1,244% increase year-over-year. As of June 30, 2022, the company held approximately $1.267 billion in cash and investments. The final financial results will be released on September 1, 2022, during a conference call at 9:00 a.m. ET.
Nano Dimension (Nasdaq: NNDM) announced it owns 12.12% of Stratasys Ltd. (Nasdaq: SSYS) shares, contributing to a strategic investment in a leader of additively manufactured electronics (AME). Stratasys generated revenues of $521 million in 2020 and $607 million in 2021, providing a strong position in the market. CEO Yoav Stern emphasized that this investment offers significant upside for shareholders by combining Nano Dimension's disruptive technology with Stratasys' established polymer-based AM capabilities. The company may adjust its investment based on market conditions.
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