Nano Dimension Stock Price, News & Analysis

Nano Dimension Ltd. (Nasdaq: NNDM) has announced the sale of its first two DragonFly IV 3D-AME printers after successful beta tests with leading customers. This system aims to enhance the production of high-performance electronic devices by simultaneously depositing proprietary dielectric and conductive materials. The DragonFly IV, paired with the new FLIGHT software suite, boasts improved accuracy in electronic designs, enabling the creation of complex 3D geometries. This innovation supports high-density interconnects and enhances print quality, potentially revolutionizing the 3D printed electronics market.

Nano Dimension Ltd. (NNDM) reported third-quarter financial results for 2021, revealing revenues of $1.34 million, a significant increase from $438,000 in Q3 2020. The nine-month revenue rose to $2.96 million, up over 107% year-over-year. Despite these gains, the company incurred a net loss of $18.24 million for the quarter, attributed to increased R&D and operational expenses. Notably, the launch of the DragonFly IV system and the acquisition of Essemtec AG are key developments aimed at enhancing product offerings in the additive manufacturing sector.

Nano Dimension (Nasdaq: NNDM) announced the appointment of Greg Caldwell as Vice President of Global Marketing, effective November 16, 2021. Caldwell, with over two decades of experience in customer-focused marketing across major tech firms, will develop a global marketing organization targeting innovation in additive manufacturing. His role aims to enhance customer engagement and accelerate brand awareness. Nano Dimension is focusing on disrupting the electronics sector with sustainable manufacturing solutions, leveraging Caldwell's experience to drive growth.

Nano Dimension Ltd. (Nasdaq: NNDM) will announce its Q3 2021 financial results on November 24, 2021, prior to the Nasdaq market opening. CEO Yoav Stern and CFO Yael Sandler will host a conference call at 9:00 a.m. ET to discuss the results. The company is focused on innovating the electronics sector through additive manufacturing technology, aiming to enhance production efficiency and environmental sustainability. For further details, visit the company's website.

Nano Dimension Ltd. (Nasdaq: NNDM) has launched its DragonFly IV 3D printer and FLIGHT software, revolutionizing the Additively Manufactured Electronics sector. This new system enhances production quality, efficiency, and resolution for High-Performance Electronic Devices (Hi-PEDs®). DragonFly IV integrates dielectric and conductive materials simultaneously and supports 3D design capabilities, including in-situ components. Both products are now available for order, providing significant advancements in electronics design and fabrication.

Nano Dimension (Nasdaq: NNDM) has acquired Essemtec AG, a Swiss leader in electronic component assembly solutions, for a total cash sum ranging from $15.1 million to $24.8 million. The acquisition is aimed at enhancing Nano Dimension's capabilities in additively manufactured electronics. Essemtec reported $17.2 million in revenue for the year ending December 2020, with a gross margin of 60%. The integration of Essemtec's technology with Nano Dimension's systems is expected to drive advancements in 3D printed electronics, benefiting both product lines and market reach.

Nano Dimension Ltd. (Nasdaq: NNDM) announced the successful delivery of its Fabrica 2.0 System for micro precision additive manufacturing to a Western Homeland Security Agency. This milestone marks the transition of the system into the commercial stage, designed to replace traditional production methods. The technology offers advantages such as reduced costs, enhanced design flexibility, and improved efficiency. CEO Yoav Stern highlighted the system's ability to produce high-quality components and its compatibility with various industrial materials, signaling significant potential for future applications.

Nano Dimension (Nasdaq: NNDM) announced a collaboration with the Fraunhofer Institute for Manufacturing Engineering and Automation IPA to advance 3D printing technology. This partnership will focus on developing autonomous fabrication of electromechanical systems using precision 3D printing. The collaboration aims to enhance Nano Dimension's DragonFly® additive manufacturing system, providing insights and improvements for customers. With a two-year plan, both parties aim to refine processes and create new high-performance electronic devices (Hi-PEDs). This initiative aligns with Nano Dimension's commitment to eco-friendly, efficient additive manufacturing solutions.

Nano Dimension Ltd. (Nasdaq: NNDM) will showcase its Fabrica 2.0 Micro Additive Manufacturing System at the RAPID + TCT event in Chicago from September 13-15, 2021. This innovative 3D printing system is designed for high-precision applications in fields like medical devices and micro-electronics. The technology combines a Digital Light Processor (DLP) engine with patented adaptive optics to achieve micron-level resolution. With proprietary materials, Fabrica 2.0 promises cost-effective manufacturing of complex parts, positioning Nano Dimension as a leader in the additive manufacturing industry.