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Nano Dimension Ltd. American Depositary Shares - NNDM STOCK NEWS

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.

Rhea-AI Summary
Nano Dimension Ltd. (NNDM) announces a record unaudited consolidated revenue of $14.3 million for Q4/2023, marking an 18% increase over Q4/2022, and $56.2 million for FY 2023, reflecting a 29% growth over FY 2022. The company also unveils its 'Reshaping Nano' campaign to drive profitability, including workforce reductions and senior management changes.
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Stratasys Ltd. (SSYS) receives a preliminary proposal from Nano Dimension Ltd. (NNDM) to purchase all outstanding shares it does not currently own for $16.50 per share in cash. This comes as Stratasys continues to review strategic alternatives to maximize shareholder value.
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Nano Dimension Ltd. (Nasdaq: NNDM) has submitted a preliminary all-cash proposal to purchase all outstanding shares of Stratasys Ltd. (Nasdaq: SSYS) for $16.50 per share, representing a 40% premium from the volume-weighted average Stratasys share price since September 28, 2023. Nano Dimension is the largest single shareholder of Stratasys, with over $800 million of net cash, and has not been approached by Stratasys or its representatives during Stratasys’ strategic alternatives assessment. The proposal is subject to satisfactory due diligence and the negotiation of a definitive acquisition agreement, with no financing contingency.
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Nano Dimension Ltd. (Nasdaq: NNDM) reported 22% organic growth for Q3/2023 and 33% organic growth for the first nine months of 2023. Revenue was $12.2 million for Q3/2023, up 22% from Q3/2022. Gross margin was 44% for Q3/2023, up from 18% in Q3/2022. Adjusted gross margin was 48% for Q3/2023, up from 28% in Q3/2022. The CEO outlined additional actions to reshape the business and enhance future prospects.
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Nano Dimension Ltd. (Nasdaq: NNDM) announced the development of INSU200, a dielectric ink with industry-leading thermo-mechanical properties, crucial for additively manufactured electronics. The material complies with industry standards and will be showcased at the Productronica Event in Munich, Germany, November 14-17. INSU200 will be available for customers in Q1 of 2024.
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Nano Dimension Ltd. (Nasdaq: NNDM) announced a breakthrough in the development of INSU200, a dielectric ink with industry-leading thermo-mechanical properties. The material complies with leading electronics industry standardization bodies and will be showcased at the Productronica Event in Munich, Germany, November 14-17. INSU200 will be available for customers in Q1 of 2024.
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Nano Dimension Ltd. (Nasdaq: NNDM) to Report Q3 Financial Results and Host Conference Call on November 28th, 2023
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Nano Dimension Ltd. has cancelled its extraordinary shareholders general meeting (EGM) scheduled for December 13th, 2023 due to the ongoing war between Israel and Hamas terrorists. The company believes that its financial performance will not be affected by the war, but staffing across critical corporate functions will be impacted as employees are called to join the war effort. Nano Dimension remains confident in its outlook for fiscal 2023 and expects to deliver its strongest year yet in terms of organic growth.
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Nano Dimension announces approval for share repurchase plan
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Nano Dimension announces changes in board composition and corporate governance enhancements
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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%
Computer Hardware
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