Nano Dimension Stock Price, News & Analysis

Nano Dimension Ltd. (Nasdaq: NNDM) has adopted a limited duration shareholder rights plan designed to protect its long-term interests and the value of shareholders' investments. This plan aims to prevent any entity or person from gaining control over Nano Dimension without board approval. As part of the plan, the company will issue one special purchase right for each American Depositary Share (ADS) outstanding as of February 6, 2023. These rights become exercisable if someone acquires 10% or more of the company's shares without authorization. The rights will expire on January 27, 2024.

Nano Dimension Ltd. (Nasdaq: NNDM) responded to shareholder actions perceived as attempts to disrupt the company’s management and utilize its cash reserves. Despite broader market pressures, Nano Dimension reported remarkable revenue growth of over 300% in the past year. A recent SEC filing indicates a group of foreign funds, led by Murchinson Ltd., holds 5.1% of shares, but previous acquisition offers were deemed insufficient. The company has received threats and disparaging remarks from shareholders, leading to legal action. Nano Dimension remains focused on accelerating growth and is positioned well to pursue favorable acquisitions in 2023.

Nano Dimension Ltd. (Nasdaq: NNDM) reported strong preliminary financial results for Q4 and full year 2022. The company achieved a record revenue of $12.1 million for Q4, marking a 61% increase year-over-year, and a total of $43.6 million for the year, up 316% from 2021. Cash and deposits totaled approximately $1.03 billion. The final audited results will be released on March 30, 2023, alongside a conference call to discuss the outcomes. This performance highlights Nano Dimension's solid growth trajectory in the additive manufacturing sector.

Nano Dimension Ltd. (Nasdaq: NNDM) announced the delivery of the Admaflex130 Evolution, a high precision ceramics and metal fabrication system, to the Karlsruhe Institute of Technology (KIT) on January 23, 2023. This marks a significant step in Nano Dimension's merger strategy with Admatec Europe B.V., enhancing its partnerships with top academic institutions. The Admaflex130 Evolution will support advanced research at KIT's Institute of Photonics and Quantum Electronics, focusing on high-performance electronic device applications. Overall, this development highlights Nano Dimension's commitment to driving innovation in the additive manufacturing sector.

Nano Dimension Ltd. (Nasdaq: NNDM) announced the sale of two Fabrica 2.0 Micro-AM systems to Accumold, a leader in micro-injection molding. This sale follows Accumold's successful beta testing of the system since May 2021, confirming its satisfaction with performance. The Fabrica 2.0 supports high-precision manufacturing across various industries, enhancing capabilities in micro-electronics and medical devices. The deal reflects growing demand for additive manufacturing technologies.

Nano Dimension Ltd. (Nasdaq: NNDM) announced the sale of its DragonFly IV system to Northeastern University, marking a significant step in advancing 3D printed electronics. As the first Massachusetts-based university to acquire this technology, Northeastern will leverage the system for the fabrication of high-performance electronic devices (Hi-PEDs). The DragonFly IV enables rapid prototyping and performance enhancements across industries, including automotive and healthcare. This acquisition reflects Nano Dimension's commitment to supporting innovation in academia and its strategic positioning in a key innovation hub.

Nano Dimension (Nasdaq: NNDM) has announced a significant purchase order for its DragonFly IV additive manufacturing system from a large Western aerospace and defense company, marking the 9th defense client for the company. This advanced AM technology is seen as key to enhancing innovation in electronics manufacturing. The DragonFly IV enables the creation of High-Performance-Electronic-Devices (Hi-PEDs) critical for various applications, including autonomous drones and medical devices. The CEO emphasizes the growing demand for in-house prototype development and control over intellectual property.

Nano Dimension Ltd. (Nasdaq: NNDM) announced it raised $1.5 billion in capital from 2020 to 2021, preparing for a challenging 2023. The management aims to protect the company against takeover attempts fueled by its substantial capital. A recent shareholders' meeting was marred by a smear campaign to justify a potential takeover, which was dismissed by an Israeli court. The company remains focused on executing its M&A initiatives, R&D programs, and business development plans, expecting to leverage its strong capital position to seize opportunities in the industry.

Nano Dimension (Nasdaq: NNDM) announced a purchase order from a European army for its DragonFly IV 3D printer, marking the tenth western defense agency to utilize its technology. This order emphasizes the growing reliance on Nano Dimension's Additive Manufacturing Electronics systems for innovative electronic device fabrication. The DragonFly IV enables rapid development and integration of components essential for advanced technologies like drones and medical devices. CEO Yoav Stern highlighted the significance of this engagement for fostering future commercial markets.