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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 (Nasdaq: NNDM) announced a registered direct offering of 30,000,000 American Depositary Shares (ADSs) at $6.00 each, with expected gross proceeds of approximately $180 million. The funds will be utilized for working capital, general corporate purposes, and potential strategic opportunities, including business combinations. The offering is expected to close around December 9, 2020, subject to customary closing conditions. ThinkEquity is the sole placement agent for the offering. The offering is being conducted under an effective shelf registration statement with the SEC.
Nano Dimension Ltd. (Nasdaq: NNDM) announced significant upgrades by customers to its next-generation DragonFly LDM machines. Since early 2020, 10 additional customers, including U.S. government agencies and major European research organizations, have transitioned from older DragonFly Pro machines. Currently, 66% of Nano Dimension's customers globally use the advanced DragonFly LDM 3D-Printing systems. The new machines enhance operational efficiency, allowing for 24/7 functionality through automatic maintenance features. CEO Yoav Stern highlighted this transition as a validation of customer confidence amidst challenges posed by Covid-19.
Nano Dimension Ltd. (Nasdaq: NNDM) has finalized a registered direct offering of 11,960,160 American Depositary Shares at $5.00 each, raising approximately $60 million in gross proceeds. The funds will be utilized for working capital, general corporate purposes, and exploring strategic opportunities, including potential business combinations. ThinkEquity served as the sole placement agent for this offering. The transaction was conducted under an effective shelf registration statement, with necessary documentation filed with the SEC.
On November 29, 2020, Nano Dimension Ltd. (NNDM) announced a registered direct offering of 11,960,160 American Depositary Shares at a price of $5.00 each, aiming to raise approximately $60 million. The proceeds will be utilized for working capital and corporate purposes, including potential strategic opportunities. The closing is expected around December 2, 2020. ThinkEquity serves as the placement agent for this offering, which is registered under the U.S. Securities and Exchange Commission regulations.
Nano Dimension Ltd. (Nasdaq: NNDM) announces the completion of a registered direct offering of 25 million American Depositary Shares (ADSs) at $4.00 per ADS, generating gross proceeds of approximately $100 million. The funds will be allocated towards working capital, general corporate purposes, and exploring strategic opportunities, including potential business combinations. The offering was facilitated by ThinkEquity, a division of Fordham Financial Management, Inc., under an effective shelf registration statement with the SEC.
Nano Dimension Ltd. (NNDM) announced a registered direct offering of 25 million American Depositary Shares (ADSs) priced at $4.00 each, aiming to raise approximately $100 million. The funds will be used for working capital, general corporate purposes, and exploring strategic opportunities, including potential business combinations. The offering is expected to close around November 23, 2020, and is being facilitated by ThinkEquity. Investors are advised to review the associated prospectus for comprehensive details.
Nano Dimension Ltd. (Nasdaq: NNDM) announced its third-quarter financial results for 2020, reporting revenues of $438,000, a decline from $2,243,000 in Q3 2019, primarily due to COVID-19 delays. The company experienced a net loss of $20,716,000 or $0.45 per share, significantly higher than $4,308,000 in Q3 2019. Despite these results, CEO Yoav Stern maintains an optimistic view, expecting mid-term growth post-COVID, and highlighted that the company has sold 60 machines internationally. Cash reserves increased to $45,720,000 as of September 30, 2020.
Nano Dimension Ltd (Nasdaq: NNDM) announced the sale of two DragonFly LDM systems to an Australian defense contractor and an Asia-Pacific research center, indicating a recovery in the APAC marketplace despite ongoing COVID-19 challenges. CEO Yoav Stern mentioned the company is well-positioned with over $100M in cash, allowing flexibility for strategic initiatives including an M&A search. While short-term challenges persist, the long-term outlook remains optimistic with a potential increase in demand for their advanced electronics manufacturing technology.
Nano Dimension Ltd (Nasdaq: NNDM) will release its Q3 2020 financial results on November 12, 2020, before market opening. A conference call led by CEO Yoav Stern and CFO Yael Sandler is scheduled for the same day at 9:00 a.m. ET to discuss these results. Investors can access the call using U.S. dial-in numbers or register online. The information pertains to the Additively Manufactured Electronics (AME) sector, where Nano Dimension aims to enhance rapid prototyping and production capabilities.
Nano Dimension Ltd (Nasdaq: NNDM) will feature an exclusive interview with CEO Yoav Stern on The RedChip Money Report on November 1st. The program, reaching 100 million homes across Europe, will discuss the company’s technological solutions, market demand, and future milestones. Nano Dimension specializes in Additively Manufactured Electronics (AME), providing intelligent machines for rapid prototyping and production of high-performance electronic devices.
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