Nano Dimension - NNDM STOCK NEWS

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.

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.