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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 announces share repurchase plan, allowing the Company to invest up to $227.5 million to repurchase its American Depository Shares (ADS). The repurchases will be made in accordance with applicable U.S. securities laws and regulations, under the U.S. Securities Exchange Act of 1934, as amended, and applicable Israeli law. The plan is subject to the approval of the Israeli court.
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Nano Dimension has successfully implemented SAP as its new Cloud Enterprise Resource Planning (ERP) system. This implementation marks a significant milestone in advancing the company's organizational and operational effectiveness. The decision to implement SAP reflects Nano Dimension's commitment to leveraging cutting-edge technology to optimize its business operations and provide superior service to its customers.
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Nano Dimension has announced the expiration of its special partial tender offer to purchase between 31.9% and 36.9% of Stratasys shares. The offer required Nano to own at least 46% of Stratasys shares, but only 5.6% were tendered. The offer expired without Nano accepting any shares. Nano has withdrawn its director nominees for the Stratasys Board and will review its investment in Stratasys, including a possible sale of its existing 14.1% holdings, and pursue alternative M&A opportunities.
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Nano Dimension has announced the cessation of its efforts to deliver a special tender offer to Stratasys shareholders. Nano Dimension's $25 per share all-cash offer was rejected by Stratasys' board, who also refused to redeem the poison pill. Nano Dimension does not expect the conditions of the special tender offer to be met and will not extend the offer period. Nano Dimension will proceed with alternative M&A plans.
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Nano Dimension urges Stratasys shareholders to vote for its nominees at the Annual General Meeting on August 8th, 2023. Nano Dimension highlights Stratasys' value destructive actions and the need for sector consolidation. Nano's slate of nominees have a strong track record of value creation and will bring a fresh perspective to the Board. Nano is committed to an open, unbiased strategic review for the benefit of all shareholders.
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Nano Dimension Ltd. will release its financial results for Q2 2023 on August 21st, 2023. A conference call will be held at 9:00 a.m. Eastern Time on the same day to discuss the results. The call can be attended via phone or webcast.
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Nano Dimension, a leading supplier of Additively Manufactured Electronics and multi-dimensional polymer, metal & ceramic Additive Manufacturing 3D printers, urges Stratasys shareholders to vote for Nano's highly qualified director nominees. Nano Dimension has agreed to follow the law and permit Nano's director nominees to stand for election individually at the Stratasys Annual General Meeting. Shareholders who vote for Nano's nominees will receive $25 cash per share immediately thereafter. Nano Dimension plans to appoint independent directors to represent Stratasys shareholders' interests in the long term. Nano Dimension also intends to buy the rest of Stratasys shares or pursue a negotiated combination with 3D Systems or other candidates for industry consolidation.
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Nano Dimension continues to pursue claims against Murchinson, Anson, and Boothbay in New York. The company filed a complaint alleging misconduct by the defendants, including a scheme to acquire an interest in Nano and take control of the company. Nano seeks compensatory and punitive damages, disgorgement of unjust enrichment, and rescission of defendants' holdings.
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Stratasys (NASDAQ: SSYS) faces criticism from a press release rephrasing a statement by Professor Albert Einstein. The release highlights concerns about the competence and honesty of the company's board of directors.
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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 $2.11 as of November 22, 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 458.2M.

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

458.21M
213.76M
2.47%
32.87%
7.04%
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