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Nano Dimension Ltd - nndm STOCK NEWS

Welcome to our dedicated news page for Nano Dimension (Ticker: nndm), a resource for investors and traders seeking the latest updates and insights on Nano Dimension.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Nano Dimension's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Nano Dimension's position in the market.

Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.59%
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management
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Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.55%
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none
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Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.95%
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none
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.08%
Tags
AI
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Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.05%
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none
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Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.39%
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none
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.13%
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none
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Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.85%
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none
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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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.14%
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none
Rhea-AI Summary
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

NNDM Rankings

NNDM Stock Data

577.77M
195.26M
2.47%
33.43%
7.51%
Bare Printed Circuit Board Manufacturing
Manufacturing
Link
Israel
2 Ilan Ramon St Science Park

About NNDM

nano dimension (tase: nndm, nasdaq: nndm) is a leading additive manufacturing technology company. nano dimension is disrupting, shaping and defining the future of how electronics are made. with its unique 3d printing technologies, nano dimension is targeting the growing demand for electronic devices that require increasingly sophisticated features and rely on printed circuit boards (pcbs). demand for circuitry, including pcbs - which are the heart of every electronic device - covers a diverse range of industries, including consumer electronics, medical devices, defense, aerospace, automotive, iot and telecom. these sectors can all benefit greatly from nano dimension’s 3d printed electronics solutions for rapid prototyping and short-run manufacturing. our dragonfly multi-material 3d printer family uses proprietary conductive nano-silver inks along with matched dielectric inks to make in-house agile hardware development and multi-layer pcb a reality. imagine being able to innovate and ex