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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) 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.
Nano Dimension Ltd. (Nasdaq: NNDM) will release its second quarter 2020 financial results on August 13, 2020, before the Nasdaq market opens. A conference call will be held at 9:00 a.m. ET on the same day, hosted by CEO Yoav Stern and CFO Yael Sandler, to discuss the results. Investors can join the call via a dedicated phone line or through a webcast. The company specializes in Additively Manufactured Electronics (AME) technology, enabling rapid prototyping and production of high-performance electronic devices from CAD designs.
Nano Dimension Ltd (Nasdaq: NNDM) announced a 1-for-50 reverse stock split approved by shareholders on April 16, 2020. This will reduce authorized shares from 2.5 billion to 50 million and increase par value from NIS 0.10 to NIS 5.00. The ratio of American Depositary Shares (ADSs) to ordinary shares will also change to 1:1, with no overall effect expected on ADS pricing. This split is set to take effect on June 29, 2020. The reverse split will not alter shareholder ownership percentages, with no fractional shares issued.
Nano Dimension Ltd. (Nasdaq: NNDM) has completed a registered direct offering of 17,950,000 American Depositary Shares at $2.00 per ADS, raising approximately $35.9 million before expenses. The proceeds will be used for working capital and general corporate purposes. The offering was managed by ThinkEquity, part of Fordham Financial Management. The transaction was conducted under an effective shelf registration with the SEC. This move indicates Nano Dimension's strategy to enhance its financial position and support business operations.
Nano Dimension (Nasdaq: NNDM) announced a registered direct offering of 17,950,000 American Depositary Shares at $2.00 per ADS, aiming to raise approximately $35.9 million before fees. Proceeds will be allocated for working capital and general corporate purposes. The closing is anticipated on or about May 22, 2020, pending customary conditions. ThinkEquity is the sole placement agent for this offering. This move follows regulatory compliance under an effective shelf registration filed with the SEC, with details to be outlined in a prospectus supplement.
Nano Dimension has partnered with HENSOLDT to develop the world's first 10-layer printed circuit board (PCB) capable of soldering components on both sides, a significant advancement in 3D printing technologies. This breakthrough utilizes Nano Dimension's innovative dielectric and conductive inks, allowing for quick prototyping and reduced development costs in high-performance electronics. HENSOLDT's expertise ensures enhanced reliability for military applications, while the partnership emphasizes rapid market readiness through Additively Manufactured Electronics (AME).
Nano Dimension (NNDM) announced its Q1 2020 financial results, reporting revenues of $702,000, a significant decrease from $1,977,000 in Q4 2019 and $1,689,000 in Q1 2019. The decline was mainly due to disrupted sales of DragonFly LDM machines amid Covid-19. The company incurred a net loss of $2,074,000, with cash reserves at $4,509,000. Despite these challenges, 24% of revenues came from consumables, and the company anticipates a potential recovery in sales as China stabilizes. The outlook for Q2 and Q3 remains cautious due to ongoing disruptions.
Nano Dimension (Nasdaq: NNDM) announced a successful partnership with REHAU, a polymer manufacturer, to develop a 3D touch sensor using the DragonFly LDM machine. This collaboration transforms REHAU's polymer products into advanced human-machine interface surfaces, aiming to enhance functionality and design. The DragonFly LDM is noted for its unique capability to print complex electronic circuitry. REHAU's initiative aligns with the growing demand for smart devices, focusing on innovative applications, improved efficiency, and cost reduction in the polymer industry.
Nano Dimension (Nasdaq, TASE: NNDM) will announce its first quarter 2020 results on May 14, 2020, prior to market opening. The company's CEO, Yoav Stern, and CFO, Yael Sandler, will host a conference call at 9:00 a.m. ET to discuss the results. Investors can join the call via toll-free or international numbers and register through their website. A replay will be available after the event. Nano Dimension specializes in Additively Manufactured Electronics, enabling rapid prototyping and production for various industries.
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