Welcome to our dedicated page for Nano Dimension news (Ticker: nndm), a resource for investors and traders seeking the latest updates and insights on Nano Dimension stock.
Nano Dimension Ltd. (NNDM) pioneers additive electronics and industrial 3D printing solutions that transform how complex circuits and devices are manufactured. This page aggregates official company announcements, financial disclosures, and strategic developments for stakeholders tracking innovation in digital manufacturing.
Access real-time updates including earnings reports, technology breakthroughs, and partnership announcements directly from Nano Dimension. Investors and industry professionals will find curated press releases on product launches, R&D milestones, and market expansions within aerospace, defense, and medical electronics sectors.
All content is sourced from verified corporate communications to ensure accuracy. Bookmark this page for efficient tracking of Nano Dimension's progress in advancing multi-material 3D printing systems and conductive nano-inks that redefine electronics production.
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.
Nano Dimension (Nasdaq: NNDM) announced its full year 2020 financial results release scheduled for March 11, 2021, prior to the market opening. The company will host a conference call on the same day at 9:00 a.m. ET, featuring insights from President & CEO Yoav Stern and CFO Yael Sandler. Additionally, an interview with Yoav Stern discussing the company's M&A strategy and product development has been published. Investors can access the call and replay via the provided links.
Nano Dimension (Nasdaq: NNDM) has successfully closed a registered direct offering of 39.1 million American Depositary Shares (ADSs) at $12.80 each, totaling approximately $500 million in gross proceeds. The funds will be allocated for working capital, corporate purposes, and potential strategic business combinations. ThinkEquity acted as the sole placement agent for this offering, which was conducted under an existing shelf registration statement.
