Nano Dimension Stock Price, News & Analysis

Nano Dimension (NNDM) announced its 2024 financial results and 2025 strategic outlook under new CEO Ofir Baharav. The company reported FY 2024 revenue of $57.8 million, up 3% year-over-year, with a net loss of $96.9 million. Cash position stands at $845 million as of December 2024.

The company implemented major transformations, including discontinuing non-core products (Admatec, DeepCube, Fabrica, and Formatec) while focusing on two core product groups: Additively Manufactured Electronics and surface-mount technology. These changes reduced operating expenses by over $20 million and increased revenue per employee by 52%.

Notable challenges include Desktop Metal's limited liquidity and $115 million in outstanding convertible notes. The company's Q1 2025 preliminary results show revenue of $14.4 million and cash position of $840 million. A strategic update is planned for June 2025, focusing on positioning Nano Dimension as a digital manufacturing leader amid global trade disruptions.

Nano Dimension (NASDAQ: NNDM), a Digital Manufacturing solutions provider, has scheduled a conference call and webcast to discuss its 2024 financial results and 2025 outlook. The event will take place on Wednesday, April 30, 2025, at 4:30 PM EST.

Participants can join via US dial-in (1-844-695-5517), international dial-in (1-412-902-6751), or watch the presentation through a webcast. Attendees are recommended to connect 10 minutes before the call starts. A replay will be available after the event concludes.

Nano Dimension (NNDM) has completed its acquisition of Markforged for $116 million ($5.00 per share), strengthening its position in metal and composite manufacturing solutions. The acquisition brings significant advantages, including Markforged's install base of over 15,000 systems across industrial customers and its AI-enhanced manufacturing capabilities.

Markforged generated over $85 million in annual revenue in 2024 with non-GAAP gross margins of approximately 50%. The company's solutions are deployed across key industries including aerospace & defense, automotive, consumer electronics, industrial automation, and medical technology.

As part of the transaction, Markforged's CFO, Assaf Zipori, has been appointed as the new CFO of Nano Dimension. The company aims to focus on maintaining financial strength, driving profitable growth, growing margins, and building customer partnerships.

Nano Dimension (NNDM) announced that its subsidiary Desktop Metal has initiated a strategic review process to address its liabilities and liquidity challenges. The company has appointed Robert Warshauer to its Board of Directors and engaged Piper Sandler & Co. and FTI Consulting, Inc. as financial advisers to explore all available strategic alternatives. Further details will be shared during Nano Dimension's upcoming 2024 financial results and 2025 outlook call, scheduled for late April 2025.

Nano Dimension (NNDM) has appointed Ofir Baharav as its new Chief Executive Officer, effective immediately. The appointment aims to accelerate merger synergies with Desktop Metal and Markforged while focusing on restoring profitability. Robert Pons will become Chairman of the Board.

Since becoming Chairman in December 2024, Baharav has implemented several key initiatives including:

• Strategic R&D and sales realignment
• G&A cost reduction targeting $20 million annual savings
• Successful CFIUS negotiations for post-merger efficiencies
• Governance enhancements and poison pill removal
• Operational optimization in U.S. and China

The leadership transition includes the departure of President Zivi Nedivi and CFO/COO Tomer Pinchas, while Julien Lederman transitions from Interim CEO to Chief Business Officer, focusing on post-merger integration and corporate transformation.

Nano Dimension has completed its acquisition of Desktop Metal for $179.3 million ($5.295 per share), creating a global leader in advanced manufacturing solutions. The combined company expects annual revenue exceeding $200 million for 2024, based on preliminary unaudited results.

Under new leadership since December 2024, the company aims to transform through strategic initiatives focusing on maintaining financial strength, driving profitable growth, improving margins, and building customer partnerships. The expanded enterprise will serve a diverse customer base including Fortune 500 companies across aerospace & defense, automotive, consumer electronics, industrial automation, and medical technology sectors.

The company's transformation plan includes cost reduction initiatives, operational optimization, and strategic resource realignment. The acquisition completion follows new board and management appointments from July 2024, with leadership committed to establishing a sustainable business model and generating substantial shareholder returns.

Nano Dimension (NNDM) provided an update following the Delaware Court of Chancery's March 24, 2025 ruling that upholds the company's obligation to complete the acquisition of Desktop Metal (DM). The merger agreement dates back to July 2, 2024.

Following the recomposition of Nano Dimension's Board on December 15, 2024, the company has been preparing for Desktop Metal's integration. The strategic vision includes becoming a leading provider of digital manufacturing solutions for aerospace & defense, automotive, electronics, industrial, and medical sectors.

Along with the pending merger with Markforged (MKFG), the company's growth strategy focuses on: maintaining financial strength, driving profitable growth through cutting-edge technology, growing margins through operational consolidation, and building strong customer partnerships. Chairman Ofir Baharav expressed disappointment with the court's decision but emphasized the company's preparation for rapid integration.