Welcome to our dedicated page for Nano Dimension Ltd. American Depositary Shares news (Ticker: nndm), a resource for investors and traders seeking the latest updates and insights on Nano Dimension Ltd. American Depositary Shares stock.
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) 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.
Nano Dimension (Nasdaq: NNDM) has successfully closed a registered direct offering of 16,722,000 American Depositary Shares (ADSs) at a price of $3.00 per ADS, generating approximately $50 million in gross proceeds. The net proceeds are intended for working capital and general corporate purposes. ThinkEquity acted as the sole placement agent for this offering, which was made under an effective shelf registration statement filed with the SEC. This strategic move aims to enhance the company's financial flexibility and operational capabilities.
Nano Dimension Ltd. (Nasdaq: NNDM) has announced a registered direct offering of 16,722,000 American Depositary Shares at $3.00 per share, aiming to raise around $50 million before expenses. The funds will be utilized for working capital and general corporate purposes. The offering is scheduled to close on or about October 28, 2020. ThinkEquity is the sole placement agent for this transaction. This move is made under an effective shelf registration statement previously filed with the SEC.
Nano Dimension Ltd. (Nasdaq: NNDM) announced the closing of a registered direct offering of 7,356,521 American Depositary Shares (ADSs) at $2.30 each, generating approximately $16.9 million in gross proceeds. The net proceeds will be utilized for working capital and general corporate purposes. The offering was facilitated by ThinkEquity, a division of Fordham Financial Management, and conducted under existing shelf registration statements with the SEC. This announcement reflects Nano Dimension's ongoing commitment to growth in the Additively Manufactured Electronics sector.
Nano Dimension (Nasdaq: NNDM) announced the sale of 7,356,521 American Depositary Shares (ADSs) at $2.30 each, aiming to raise about $16.9 million in gross proceeds. The funds will be allocated for working capital and general corporate purposes. The offering is expected to close around October 5, 2020, pending standard closing conditions. The offering is conducted under an effective shelf registration statement, ensuring compliance with SEC regulations.
Nano Dimension Ltd (Nasdaq: NNDM) announced the appointment of Dr. Joseph Kaplun as Chief Technology Officer – Materials and Vice President of R&D, effective September 14, 2020. Dr. Kaplun brings extensive experience from previous roles, including co-founder and CTO of Phononics Technologies Ltd and 25 years at the Israel Aerospace Industries. His focus will be on accelerating product development and improving technology to enhance the company’s competitive position. CEO Yoav Stern emphasized the need for advanced technology in response to market changes, particularly due to COVID-19 and trade dynamics.
Nano Dimension Ltd (Nasdaq: NNDM) has announced that Yaron Eitan, a board member since February 2020, will purchase a warrant to acquire up to 1,500,000 ADSs at an exercise price of $2.25 each, totaling $3,375,000. The warrant costs $150,000, vests over three years, and has a seven-year term. Mr. Eitan expressed confidence in the company's unique technology and management team, indicating a strong belief in Nano Dimension's market position and potential for growth in the Additively Manufactured Electronics sector.
Nano Dimension Ltd. (Nasdaq: NNDM) announced second-quarter financial results for 2020, reporting revenues of $288,000, a decline from $1,161,000 in Q2 2019. The company's cash balance stood at $49.5 million, while it recorded an operating loss of $3.8 million. Factors contributing to revenue decline include Covid-19's impact on capital equipment budgets. Net loss widened to $8.3 million or $0.27 per share, influenced significantly by finance expenses related to warrants. The company plans to enhance product development during the pandemic.
Nano Dimension Ltd (Nasdaq: NNDM) reports that CEO Yoav Stern has purchased a Series A warrant for 6,880,402 ADSs at an exercise price of $5,160,302, with a cost of $150,000. To align his interests with shareholders, Stern forfeits options for 29,050,000 Ordinary Shares. While Stern anticipates zero revenue for Q2-2020 due to COVID-19 impacts, he expresses confidence in the company's long-term potential. Key strategies include focusing on product development and pausing heavy sales and marketing investments.
FAQ
What is the current stock price of Nano Dimension Ltd. American Depositary Shares (nndm)?
What is the market cap of Nano Dimension Ltd. American Depositary Shares (nndm)?
What does Nano Dimension Ltd. specialize in?
What industries benefit from Nano Dimension’s technologies?
What is the DragonFly 3D printer?
How does Nano Dimension's technology impact manufacturing?
What recent achievements has Nano Dimension accomplished?
What is Nano Dimension's financial condition?
What is the vision of Nano Dimension?
Who are Nano Dimension's customers?
How does Nano Dimension utilize AI in its operations?
Where can I find more information about Nano Dimension?
