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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. (NNDM) reported third-quarter financial results for 2021, revealing revenues of $1.34 million, a significant increase from $438,000 in Q3 2020. The nine-month revenue rose to $2.96 million, up over 107% year-over-year. Despite these gains, the company incurred a net loss of $18.24 million for the quarter, attributed to increased R&D and operational expenses. Notably, the launch of the DragonFly IV system and the acquisition of Essemtec AG are key developments aimed at enhancing product offerings in the additive manufacturing sector.
Nano Dimension (Nasdaq: NNDM) announced the appointment of Greg Caldwell as Vice President of Global Marketing, effective November 16, 2021. Caldwell, with over two decades of experience in customer-focused marketing across major tech firms, will develop a global marketing organization targeting innovation in additive manufacturing. His role aims to enhance customer engagement and accelerate brand awareness. Nano Dimension is focusing on disrupting the electronics sector with sustainable manufacturing solutions, leveraging Caldwell's experience to drive growth.
Nano Dimension Ltd. (Nasdaq: NNDM) will announce its Q3 2021 financial results on November 24, 2021, prior to the Nasdaq market opening. CEO Yoav Stern and CFO Yael Sandler will host a conference call at 9:00 a.m. ET to discuss the results. The company is focused on innovating the electronics sector through additive manufacturing technology, aiming to enhance production efficiency and environmental sustainability. For further details, visit the company's website.
Nano Dimension Ltd. (Nasdaq: NNDM) has launched its DragonFly IV 3D printer and FLIGHT software, revolutionizing the Additively Manufactured Electronics sector. This new system enhances production quality, efficiency, and resolution for High-Performance Electronic Devices (Hi-PEDs®). DragonFly IV integrates dielectric and conductive materials simultaneously and supports 3D design capabilities, including in-situ components. Both products are now available for order, providing significant advancements in electronics design and fabrication.
Nano Dimension (Nasdaq: NNDM) has acquired Essemtec AG, a Swiss leader in electronic component assembly solutions, for a total cash sum ranging from $15.1 million to $24.8 million. The acquisition is aimed at enhancing Nano Dimension's capabilities in additively manufactured electronics. Essemtec reported $17.2 million in revenue for the year ending December 2020, with a gross margin of 60%. The integration of Essemtec's technology with Nano Dimension's systems is expected to drive advancements in 3D printed electronics, benefiting both product lines and market reach.
Nano Dimension Ltd. (Nasdaq: NNDM) announced the successful delivery of its Fabrica 2.0 System for micro precision additive manufacturing to a Western Homeland Security Agency. This milestone marks the transition of the system into the commercial stage, designed to replace traditional production methods. The technology offers advantages such as reduced costs, enhanced design flexibility, and improved efficiency. CEO Yoav Stern highlighted the system's ability to produce high-quality components and its compatibility with various industrial materials, signaling significant potential for future applications.
Nano Dimension (Nasdaq: NNDM) announced a collaboration with the Fraunhofer Institute for Manufacturing Engineering and Automation IPA to advance 3D printing technology. This partnership will focus on developing autonomous fabrication of electromechanical systems using precision 3D printing. The collaboration aims to enhance Nano Dimension's DragonFly® additive manufacturing system, providing insights and improvements for customers. With a two-year plan, both parties aim to refine processes and create new high-performance electronic devices (Hi-PEDs). This initiative aligns with Nano Dimension's commitment to eco-friendly, efficient additive manufacturing solutions.
Nano Dimension Ltd. (Nasdaq: NNDM) will showcase its Fabrica 2.0 Micro Additive Manufacturing System at the RAPID + TCT event in Chicago from September 13-15, 2021. This innovative 3D printing system is designed for high-precision applications in fields like medical devices and micro-electronics. The technology combines a Digital Light Processor (DLP) engine with patented adaptive optics to achieve micron-level resolution. With proprietary materials, Fabrica 2.0 promises cost-effective manufacturing of complex parts, positioning Nano Dimension as a leader in the additive manufacturing industry.
Nano Dimension (Nasdaq: NNDM) announced its Q2 2021 results, reporting revenues of $811,000, up from $288,000 in Q2 2020. For the first half of 2021, revenues reached $1.622 million, compared to $990,000 the previous year. However, the company incurred a net loss of $13.6 million in Q2 2021. The cash reserves are substantial at $1.397 billion, supporting future growth initiatives, including recent acquisitions of NanoFabrica and DeepCube. R&D expenses surged to $9.1 million, reflecting aggressive expansion and integration efforts.
Nano Dimension Ltd. (Nasdaq: NNDM) has rebranded its acquired Nanofabrica Ltd. as the Fabrica Group, focusing on its micro 3D printing technology, the Fabrica 2.0. This system positions micro-3D printing as a flexible alternative to traditional micro-fabrication methods, enabling complex designs with no additional cost. It caters to industries like medical devices and micro-electronics. The company aims to leverage its patented technologies for broader market opportunities and accelerate commercialization in diverse sectors.
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