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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 the acquisition of DeepCube, a leader in deep learning technology. Post-acquisition, DeepCube will operate as a division of Nano Dimension, enhancing its Additively Manufactured Electronics (AME) capabilities. This strategic move aims to integrate DeepCube's AI-driven training platform into Nano Dimension's 3D printers, facilitating the evolution towards Industry 4.0. The collaboration is expected to foster innovation in electronics manufacturing, improving production efficiency and enabling advanced design possibilities.
On April 22, 2021, Nano Dimension (Nasdaq: NNDM) announced an investor call scheduled for April 23, 2021, at 9:00 a.m. ET, to discuss its recent acquisition of DeepCube Ltd.. The call can be accessed via U.S. toll-free number 1-844-695-5517 or international number 1-412-902-6751. A replay will be available after the call. Nano Dimension specializes in Additively Manufactured Electronics and aims to revolutionize rapid prototyping and production for various industries, enhancing the development and performance of electronic devices.
Nano Dimension Ltd. (Nasdaq: NNDM) has signed a definitive agreement to acquire DeepCube Ltd. for approximately $70 million, comprising $40 million in cash and $30 million in American Depositary Shares. This acquisition, expected to close soon, aims to enhance Nano Dimension's capabilities in AI and machine learning, particularly for distributed digital fabrication applications. DeepCube's patented technology promises significant improvements in data analysis speed and inference performance, positioning Nano Dimension to better address supply chain challenges in the PCB industry.
Nano Dimension Ltd. (Nasdaq: NNDM) has appointed Mr. Oded Gera to its Board of Directors, effective immediately. Gera, a seasoned advisor from Rothschild & Co., brings extensive experience in investment banking and business management. He has a significant track record in advising major acquisitions and financial dealings worth billions, highlighting his capability to influence strategic growth. The CEO, Yoav Stern, expressed confidence in Gera's ability to add value through his diverse background and international exposure, potentially positioning the company for enhanced performance in the competitive 3D-printed electronics market.
Nano Dimension Ltd. (Nasdaq: NNDM) announced the appointment of Hanan Gino as Chief Product Officer and Head of Strategic M&A. Gino brings over 30 years of experience, having previously led successful revenue growth at Verint Systems and Orbotech. His expertise includes product innovation and acquisition strategies across various technology sectors. Gino aims to leverage Nano's technology to revolutionize the electronics industry, focusing on developing new products and acquisitions. CEO Yoav Stern emphasizes Gino's extensive experience will enhance product development and strengthen the company's growth strategy.
Nano Dimension Ltd. (Nasdaq: NNDM) has appointed Zivi Nedivi as its new president, with Yoav Stern continuing as CEO and becoming Chairman of the Board, pending shareholder approval. Nedivi brings extensive experience from leading technology companies, having significantly grown Kellstrom Industries and turned around Lumenis Ltd. Yoav Stern emphasized Nano's strong position in the market, boasting approximately $1.5 billion in cash, and noted the company's innovative technology for producing high-performance electronics. The firm anticipates capitalizing on its competitive edge in the additive manufacturing sector.
Nano Dimension Ltd. (Nasdaq: NNDM) has collaborated with L3Harris Technologies to manufacture an integrated RF circuit, which successfully reached the International Space Station (ISS) for evaluation. This groundbreaking project, two years in the making, focuses on analyzing the performance of additively manufactured electronics in space, particularly for nanosatellite communications. Utilizing the DragonFly LDM® system, the RF board integrates multiple technologies and will undergo testing at various stages, contributing valuable data about AME technology in low Earth orbit conditions.
Nano Dimension (NNDM) reported Q4 2020 revenues of $1.97 million, slightly down from $1.98 million in Q4 2019, with full-year revenues at $3.4 million, down from $7.07 million in 2019 due to COVID-19 impacts. The company ended Q4 2020 with $670.93 million in cash, up significantly from $3.89 million in 2019. Despite a net loss of $17.44 million in Q4 2020, an improvement over the previous quarter's loss, the full-year loss was $48.49 million. R&D expenses increased to $9.88 million for 2020, reflecting higher payroll and materials costs.
Nano Dimension Ltd. (Nasdaq: NNDM) has announced a leadership change, with CEO Yoav Stern set to replace Ofir Baharav on the Board of Directors as Chairman, pending shareholder approval. Baharav expressed gratitude for his tenure and noted the company's strong growth trajectory under Stern's leadership. Stern emphasized the company's focus on strengthening and preparing for intensive growth spurred by mergers and acquisitions (M&A) and plans to enhance its technology development and executive management teams.
Nano Dimension Ltd. (NNDM) announced the success of its first AME Academy webinar on February 23, 2021, which attracted 1,190 global participants. The six-hour event featured seven industry experts discussing key topics in Additively Manufactured Electronics. The academy aims to educate and create a community around the advancements and applications of AME technology, contributing to the future of Hi-PEDs™. The success of this initiative signifies a growing interest in AME within various industries.
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