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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 that it will release its second quarter 2021 financial results on August 18, 2021, before the Nasdaq market opens. CEO Yoav Stern and CFO Yael Sandler will host a conference call the same day at 9:00 a.m. ET to discuss these results. Interested parties can join via a U.S. dial-in number or a link provided in the press release. Nano Dimension specializes in Additively Manufactured Electronics, employing rapid prototyping technology for various industries, including defense and biotech.
Nano Dimension Ltd. (NNDM) has partnered with HENSOLDT AG to form a joint venture named J.A.M.E.S GmbH, focusing on advancing 3D-printed electronics. With a co-investment of approximately $6 million, the partnership aims to enhance the development of Additively Manufactured Electronics (AME) and establish a community for electronic designers to share and trade designs, materials, and methodologies. The joint venture intends to build a cloud-based platform for electronic components, promoting rapid prototyping and innovation in the electronics manufacturing sector.
Nano Dimension (Nasdaq: NNDM) has appointed Sean Patterson as President of Nano Dimension - Americas, effective immediately. Patterson, a veteran from Amazon and TTM Technologies, will spearhead the expansion of the company's U.S. operations. He brings extensive leadership experience, including managing significant growth and operations in previous roles. Patterson's background in the electronics manufacturing industry positions him well to drive organic and M&A growth strategies. His leadership is expected to contribute positively to the company's mission of transforming the electronics manufacturing landscape.
Nano Dimension Ltd. (NASDAQ: NNDM) announced that CEO Yoav Stern will be featured in an interview on The RedChip Money Report® on June 26, 2021. The interview, airing at 7:00 p.m. local time, will cover the company's advancements in 3D printing technology, product development, R&D investments, and a strategic M&A approach. Nano Dimension specializes in Additively Manufactured Electronics (AME), which enhance the production of high-performance electronic devices across various industries, enabling rapid prototyping and IP protection.
Nano Dimension Ltd. (NASDAQ: NNDM) has launched its upgraded DragonFly LDM® 2.0 system, enhancing print quality, ink efficiency, and printer uptime. This update, available to customers with service contracts at no cost, is anticipated to boost customer satisfaction and attracts new clients. The DragonFly LDM® system is unique in the rapid production of high-performance multilayered electronic devices using 3D printing. Sales of the DragonFly LDM® 2.0 will commence on June 1, 2021, across various industries, including aerospace and medical applications.
Nano Dimension Ltd. (Nasdaq: NNDM) reported Q1 2021 revenues of $811,000, a decline from $1,971,000 in Q4 2020, primarily due to COVID-19-related sales delays. The company ended the quarter with a strong cash position of $1.47 billion. Net loss for the quarter was $9.31 million, improving from $17.44 million in Q4 2020. R&D expenses rose to $3.73 million, while sales and marketing expenses increased over threefold year-on-year. CEO Yoav Stern emphasized ongoing M&A activities and expanding market efforts, anticipating future growth as pandemic restrictions ease.
Nano Dimension Ltd. (NNDM) has sold a DragonFly LDM® system to the Centre national intégré du manufacturier intelligent (CNIMI), enhancing its presence in the additive manufacturing sector for high-performance electronic devices (Hi-PEDs™). The DragonFly LDM® is the only technology that simultaneously prints dielectric and conductive materials, facilitating quicker prototyping and superior product performance. This collaboration aims to advance academic research and industry practices in 3D printed electronics, aligning with the INDUSTRY 4.0 vision.
Nano Dimension Ltd. (NNDM) announced it will release its first quarter 2021 financial results on May 20, 2021, before the Nasdaq market opens. CEO Yoav Stern and CFO Yael Sandler will discuss the results during a conference call at 9:00 a.m. ET that day. Participants can join via designated U.S. and Israel dial-in numbers. The company provides solutions for Additively Manufactured Electronics (AME), enabling rapid prototyping and production across various industries.
Nano Dimension Ltd. (Nasdaq: NNDM) has finalized its acquisition of NanoFabrica Ltd., a leader in 3D micro-printing technology, for a total consideration of $54.9 million to $59.4 million. The deal includes cash payments of $23 million to $27.5 million contingent on performance milestones and approximately $32 million in American Depositary Shares (ADSs). This acquisition enhances Nano Dimension's capabilities in high-precision manufacturing for industries such as aerospace and electronics. The integration aims to improve production efficiency and establish advanced digital fabrication applications.
Nano Dimension Ltd. (Nasdaq: NNDM) has successfully completed its acquisition of DeepCube Ltd. for approximately $70 million, comprising $40 million in cash and $30 million in ADSs. The deal enhances Nano Dimension's capabilities in Machine Learning and Deep Learning, positioning it strategically within the Additively Manufactured Electronics sector. The ADSs will have a standstill period of up to three years. An investor call will be held on April 23, 2021, to discuss the acquisition and its implications.
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