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Nano Dimension Ltd. American Depositary Shares - NNDM STOCK NEWS

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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.

Rhea-AI Summary

Nano Dimension (NNDM) has announced a partnership with Esko and Fiery to offer a comprehensive Industry 4.0 solution for digital printing. The collaboration integrates Esko and Fiery's workflow automation, prepress, color management, and job management tools with Nano Dimension's advanced print control systems. This strategic move aims to support the rapid digital transformation of the printing industry, which is projected to grow from USD 93.10 billion in 2022 to USD 192.40 billion by 2031. The partnership is expected to deliver an end-to-end solution, enhancing efficiency and scalability for manufacturers.

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Nano Dimension (Nasdaq: NNDM) will host a conference call on June 3rd, 2024, to discuss its financial results for the first quarter of 2024. Participants can access the call via webcast or phone. Nano Dimension is a leading supplier of Additively Manufactured Electronics and multi-dimensional polymer, metal, and ceramic Additive Manufacturing 3D printers.

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Nano Dimension appoints Major General (Ret.) Eitan Ben-Eliahu to its Board of Directors, bringing over 20 years of business leadership and a distinguished military career. The company also announces the departure of co-founder Simon Fried from the board.
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Nano Dimension (NNDM) reports strong sales with $13.2 million revenue in Q1/2024, reducing cash burn by 75% compared to 2023. The Reshaping Nano Initiative aims for positive operating income by 2025, with a target of 75-80% cash burn reduction in 2024.
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Nano Dimension reported strong financial results for Q4/2023 and FY 2023, with revenue up 19% and 29% respectively compared to the previous year. Gross margin grew significantly by 41% to 45% in FY 2023. The company's net cash burn decreased by 42% from 2022 to 2023. Nano Dimension aims to achieve operating income positivity by 2025 through its 'Reshaping Nano' Initiative.
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Nano Dimension (NNDM) announces the granting of a patent for technology developed by its AI group, DeepCube, enabling better training and optimization of decentralized deep learning-based AI models. This milestone enhances the company's commercialization of its industrial AI solution by addressing the challenge of training models on new customer data without direct access to the data or model.
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Nano Dimension Ltd. (NNDM) will release its financial results for Q4 and full year 2023 on March 21st, 2024. The conference call hosted by the CEO, CFO, and VP of Corporate Development will discuss the results at 9:00 am ET. Participants can register for the call via the provided link. The call can be accessed through webcast or phone, with replay available on the company's website.
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Nano Dimension (NNDM) announces a $200 million share buyback plan, sale of a second 3D printer to a leading defense agency, and a breakthrough in materials with a new patent application for INSU™ 200. The company aims to improve enterprise value, increase manufacturing volumes, and enhance material properties critical for end-users' applications.
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Nano Dimension Ltd. announced the filing of a U.S. patent application for 'Large Language Models for Efficient Anomaly Detection in Log Files of Industrial Machines'. The patent aims to address the challenges of automated anomaly detection in industrial systems by utilizing a Large Language Model that can operate independently of engineering labels. This technology enables the prediction of manufacturing anomalies before they occur, based on machine logs or in combination with other machine data. The patent is part of Nano Dimension's work on AI-driven solutions for advanced manufacturing systems and is designed to be scalable for both the company's own systems and solutions provided to outside customers. Dr. Eli David, Chief Technology Officer of AI for Nano Dimension, emphasized the significance of this patent for the company and its customers, highlighting its scalability for advanced industrial solutions.
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Nano Dimension Ltd. (NNDM) has adopted a limited duration ADS holder rights plan to protect the long-term interests of the company and its shareholders. The plan is designed to prevent any entity, person, or group from gaining control or significant influence over Nano Dimension, allowing the Board to fulfill its fiduciary duties.
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FAQ

What is the current stock price of Nano Dimension Ltd. American Depositary Shares (nndm)?

The current stock price of Nano Dimension Ltd. American Depositary Shares (nndm) is $2.16 as of November 21, 2024.

What is the market cap of Nano Dimension Ltd. American Depositary Shares (nndm)?

The market cap of Nano Dimension Ltd. American Depositary Shares (nndm) is approximately 472.5M.

What does Nano Dimension Ltd. specialize in?

Nano Dimension Ltd. specializes in additive manufacturing technology, particularly in developing 3D printing solutions for Additively Manufactured Electronics (AME).

What industries benefit from Nano Dimension’s technologies?

Industries such as consumer electronics, medical devices, defense, aerospace, automotive, IoT, and telecommunications benefit from Nano Dimension's 3D printing solutions.

What is the DragonFly 3D printer?

The DragonFly 3D printer is a multi-material 3D printer that uses proprietary conductive nano-silver inks and dielectric inks to create multi-layer printed circuit boards (PCBs).

How does Nano Dimension's technology impact manufacturing?

Nano Dimension's technology allows for rapid prototyping and short-run manufacturing, integrating components like capacitors and antennas into PCBs, which improves performance and reduces production times.

What recent achievements has Nano Dimension accomplished?

Recently, Nano Dimension has released financial results for 2023 and partnered with companies like Esko and Fiery to enhance digital printing solutions.

What is Nano Dimension's financial condition?

Nano Dimension maintains a strong financial condition, supported by strategic investments and partnerships that enhance its market position and product offerings.

What is the vision of Nano Dimension?

Nano Dimension aims to transform electronics and mechanical manufacturing into Industry 4.0, delivering environmentally friendly and economically efficient precision additive electronics and manufacturing solutions.

Who are Nano Dimension's customers?

Nano Dimension serves over 2,000 customers across various sectors including aerospace, defense, advanced automotive, high-tech industrial, specialty medical technology, R&D, and academia.

How does Nano Dimension utilize AI in its operations?

Nano Dimension employs deep learning-based AI to drive improvements in manufacturing capabilities through self-learning and self-improving systems, managing its distributed manufacturing network via the cloud.

Where can I find more information about Nano Dimension?

More information about Nano Dimension can be found on their official website at www.nano-di.com.

Nano Dimension Ltd. American Depositary Shares

Nasdaq:NNDM

NNDM Rankings

NNDM Stock Data

472.46M
213.76M
2.47%
32.87%
7.04%
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