Nano Dimension News
312 articles
Nano Dimension to Host Q3 2025 Financial Results Conference Call
Nano Dimension Ltd., a leader in digital manufacturing solutions, announced it will host a conference call and webcast to discuss its Q3 2025 financial results. The call is scheduled for November 19, 2025, at 4:30 PM ET. The company specializes in delivering advanced digital manufacturing technologies to industries such as defense, aerospace, automotive, electronics, and medical devices. The focus is on rapid deployment of high-mix, low-volume production with IP security and sustainable practices. The announcement is seen as growth-positive, reflecting the companys ongoing engagement with investors and stakeholders.
Nano Dimension Announces Chief Financial Officer Transition
Nano Dimension Ltd., a leader in digital manufacturing solutions, announced a change in its executive team. Assaf Zipori, the current Chief Financial Officer, will transition out of his role on November 1, 2025, with John Brenton, the current Vice President of Global Finance and Corporate Controller, succeeding him. Brenton brings over 30 years of experience in finance and corporate control, having previously worked at Markforged before its acquisition by Nano Dimension. The transition is part of the companys strategy to continue advancing its technologies and strengthening customer relationships, aiming to drive growth and maximize shareholder value.
Management Changes
Nano Dimension Announces 2025 Annual General Meeting (AGM) of Shareholders
Nano Dimension Ltd., a leader in digital manufacturing solutions, announced its 2025 Annual General Meeting of Shareholders to be held on December 4, 2025. The meeting will take place at the companys headquarters in Waltham, MA, and virtually. Shareholders will vote on several proposals, including the re-appointment of KPMG LLP as the independent auditor, re-election of directors, board compensation, CEO compensation, and an extension of the Employee Stock Option Plan. The agenda also includes approving bonus grants of RSUs to directors and an increase in the D&O Liability Insurance Policy. Shareholders of record as of October 14, 2025, are entitled to vote, with the voting cut-off on November 26, 2025.
Nano Dimension (NNDM): Assessing Valuation as New 3D Printing Tech Takes Off in Aerospace
Nano Dimension is making strides in the aerospace sector by producing certified, flight-ready aircraft components using advanced 3D printing technology. This strategic partnership highlights the companys tech-driven approach to modern maintenance needs. Despite recent positive momentum, with a 20.4% increase in share price over the past month, the company has faced a challenging year with a 29.5% decline year-to-date. Investors are paying a premium for Nano Dimensions shares, as indicated by a high price-to-sales ratio of 5.5x, suggesting expectations of future growth. However, ongoing losses and lack of clear revenue growth pose risks to the companys valuation.
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Spectrum Networks, LLC and ALOFT AeroArchitects Use Markforged Additive Manufacturing to Deliver Certified Parts for VIP and Government Aircraft
Nano Dimension, a leader in digital manufacturing solutions, announced that ALOFT AeroArchitects and Spectrum Networks, LLC are utilizing Markforged composite 3D printing systems to produce certified, flight-ready components for exclusive aircraft. This collaboration addresses challenges in sourcing replacement parts for legacy systems during maintenance cycles. Spectrum Networks has adopted Markforged’s FX10 platform and Continuous Fiber Reinforcement (CFR) technology to design and manufacture parts in weeks instead of months. The precision-engineered components are installed by ALOFT AeroArchitects. The technology allows for unmatched precision and traceability, significantly reducing lead times. In 2024, Spectrum Networks produced over 10,000 certified flight parts, enhancing aircraft interiors and operational readiness. The parts undergo automated inspection, accelerating regulatory acceptance within the FAA and global aviation authorities.
Nano Dimension (NNDM) Advances Aerospace Narrative with 3D Printing Collaboration—Is a Bigger Shift Underway?
In October 2025, Nano Dimension announced a partnership with ALOFT AeroArchitects and Spectrum Networks to use its 3D printing technology for producing certified, flight-ready components for VIP and governmental aircraft. This collaboration highlights the increasing adoption of advanced additive manufacturing in the aerospace sector. The partnership serves as a proof point for Nano Dimensions technology in regulated industries, potentially boosting its reputation and leading to further contracts. However, the company faces challenges such as unprofitability, high valuation, and leadership changes. The article also discusses varying investor valuations of Nano Dimension, indicating differing opinions on its market value.
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Nano Dimension Among 3 Penny Stocks With Growth Potential
As of October 2025, Nano Dimension Ltd. is undergoing a strategic review process amidst a challenging period marked by leadership changes and a focus on fiscal responsibility. Despite being unprofitable, the company maintains strong short-term assets exceeding its liabilities. The appointment of David S. Stehlin as CEO, who has extensive technology industry expertise, is part of the companys efforts to enhance shareholder value. The company collaborates with financial advisors Guggenheim Securities and Houlihan Lokey to navigate these changes. The broader U.S. stock market is experiencing a notable upswing, with penny stocks like Nano Dimension attracting attention for their potential growth opportunities.
Management Changes
Nano Dimension Second Quarter 2025 Earnings: US$0.05 loss per share (vs US$0.20 loss in 2Q 2024)
Nano Dimension reported a significant increase in revenue, up 72% from the second quarter of 2024, reaching US$25.8 million. The companys net loss narrowed by 74% to US$11.3 million, with a loss per share improving from US$0.20 to US$0.05. This positive financial performance has contributed to a 3.5% increase in the companys share price over the past week. The article highlights the potential of quantum computing technology, mentioning Nano Dimension as one of the companies working towards its realization. However, a warning sign for the company is also noted, although specifics are not provided. The article is a general commentary based on historical data and analyst forecasts, not financial advice.
How Investors Are Reacting To Nano Dimension (NNDM) CEO Appointment and Strategic Review After Q2 Results
Nano Dimension has appointed David S. Stehlin as CEO and initiated a strategic review to maximize shareholder value following a significant revenue increase in Q2 2025, primarily driven by the acquisition of Markforged. The leadership change and strategic evaluation come amid operational shifts, including an impairment related to the Desktop Metal acquisition. The companys focus on disrupting digital manufacturing with a technology-driven product suite is under scrutiny as new leadership may explore transactions to reshape its direction. Despite the revenue boost, Nano Dimension faces challenges such as losses, high valuation multiples, and board changes. The market is closely watching how these developments, including the strategic review, will impact the companys performance and valuation.
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Nano Dimension (NNDM): Evaluating Valuation After Leadership Change and Strategic Alternatives Review
Nano Dimension has announced a significant leadership change, appointing David S. Stehlin as the new CEO after removing Ofir Baharav. The company is also undergoing a strategic review with the help of external advisors. These developments come at a time when Nano Dimensions stock has been volatile, experiencing a 33% decline over the past year but showing some recovery recently. The companys high Price-to-Sales ratio suggests elevated market expectations, although its current unprofitability and declining earnings pose risks. The strategic review and management changes could either drive a turnaround or increase uncertainty, depending on future developments.
Management Changes
Nano Dimension Ltd (NNDM) Q2 2025 Earnings Call Highlights: Navigating Growth and Challenges
Nano Dimension Ltd reported a significant year-over-year revenue growth of 72%, primarily due to the acquisition of Mark Forged. The company maintains a strong financial position with $551 million in cash equivalents and investable securities. However, the acquisition of Desktop Metal resulted in a non-cash impairment of $139.4 million and a loss from its operation of $30.4 million, with Desktop Metal filing for Chapter 11 bankruptcy. Despite these challenges, Nano Dimension is exploring strategic alternatives to maximize shareholder value, engaging Guggenheim Securities and Houlihan Lokey as financial advisors.
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Nano Dimension Announces Financial Results for the Second Quarter 2025
Nano Dimension, a leader in digital manufacturing solutions, announced its financial results for the second quarter of 2025. The company acquired Markforged Holding Corporation and Desktop Metal, Inc. earlier in the year. The acquisition of Desktop Metal led to significant financial challenges, resulting in a Chapter 11 bankruptcy filing to address liabilities and liquidity issues. The companys revenue increased by 72.4% year-over-year to $25.8 million, but it reported a net loss from continuing operations of $11.4 million. The acquisitions contributed to a decrease in total cash and equivalents from $840.4 million to $551.0 million. The financial results reflect the impact of the acquisitions and the ongoing restructuring efforts.
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Nano Dimension to Host Q2 2025 Financial Results Conference Call
Nano Dimension Ltd., a leader in Digital Manufacturing solutions, announced it will host a conference call and webcast to discuss its Q2 2025 financial results. The call is scheduled for September 17, 2025, at 4:30 PM EST. The company focuses on advanced digital manufacturing technologies for industries such as defense, aerospace, automotive, electronics, and medical devices. This event highlights the companys commitment to transparency and engagement with investors and stakeholders. Participants can join via US and international dial-in numbers or through a webcast link. The webcast replay will be available shortly after the call.
3 Promising Penny Stocks With Market Caps Under $2B
Nano Dimension Ltd., a company with a market cap of $327.98 million, is navigating typical challenges for penny stocks, such as unprofitability and negative return on equity. Despite these hurdles, the company maintains a robust cash position and has recently appointed David S. Stehlin as CEO to explore value-maximizing alternatives. With a focus on fiscal responsibility, the company aims to enhance shareholder value in the digital manufacturing sector. The company reported first-quarter sales of $14.4 million and is backed by financial advisors Guggenheim Securities and Houlihan Lokey.
Management Changes
Nano Dimension Initiates Review of Strategic Alternatives to Maximize Shareholder Value and Announces Executive Leadership Change
Nano Dimension Ltd., a leader in digital manufacturing solutions, has announced a strategic review process to maximize shareholder value. The company has retained Guggenheim Partners and Houlihan Lokey as financial advisors to assist in this process. Additionally, there has been a change in executive leadership, with David S. Stehlin appointed as the new CEO, replacing Ofir Baharav. Stehlin, with over 40 years of technology leadership experience, aims to focus on fiscal responsibility and growth opportunities. The Board of Directors expresses confidence in Stehlins ability to lead the company through this transition and strategic review.
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Nano Dimension (NASDAQ:NNDM) shareholders have endured a 45% loss from investing in the stock three years ago
Nano Dimension Ltd. has experienced a significant decline in its stock performance, with a 45% drop over the past three years and a 36% decline in the last year alone. Despite a revenue growth rate of 23% per year over three years, the companys share price has not reflected this growth, suggesting potential overestimation of future growth by the market. The company is currently not profitable, which may be contributing to its poor stock performance. Investors are advised to consider the companys financial health and growth potential carefully before investing.
Why Nano Dimension Stock Triumphed on Thursday
Nano Dimension, an additive manufacturing specialist, experienced a nearly 3% increase in its share price following a shift from International Financial Reporting Standards (IFRS) to Generally Accepted Accounting Principles (GAAP). This change aligns the companys financial reporting with U.S. standards, pleasing many U.S. investors. Despite the accounting change, the companys revenue remained consistent at under $57.8 million, though its net loss for 2024 was slightly higher under GAAP at just under $99.9 million compared to $96.9 million under IFRS. The move was seen positively by the market, contrasting with a slight decrease in the S&P 500 index.
Nano Dimension Statement Regarding Desktop Metal Bankruptcy and Strategic Decision Not to Acquire Assets
Nano Dimension Ltd., a leader in Digital Manufacturing solutions, announced that its subsidiary, Desktop Metal, Inc., has filed for bankruptcy protection under Chapter 11. This decision was made by Desktop Metals independent Board of Directors to address significant liabilities and liquidity needs. Nano Dimensions CEO, Ofir Baharav, emphasized the companys strong financial position, which allows it to pursue strategic opportunities. Nano Dimension is focused on delivering advanced Digital Manufacturing technologies to various industries, including defense and aerospace. The company is driven by trends in onshoring, national security, and product customization. Despite the bankruptcy of its subsidiary, Nano Dimension aims to maintain its position as a well-capitalized company.
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Nano Dimension Ltd (NNDM) Q1 2025 Earnings Call Highlights: Strategic Moves and Financial ...
Nano Dimension Ltd reported an 8% revenue growth in Q1 2025, reaching $14.4 million, despite macroeconomic challenges. The company reduced its operational expenses significantly and improved its adjusted EBITDA loss, indicating better financial management. However, the adjusted gross margin decreased due to the discontinuation of non-strategic products, which is expected to save $20 million annually. The company holds $840 million in cash and securities, providing strong liquidity. The integration of recent acquisitions, including Markforged and Desktop Metal, is ongoing, with uncertainties surrounding the strategic direction and financial obligations related to Desktop Metal. Despite improvements, Nano Dimension still faces challenges in achieving profitability.
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3 Promising Penny Stocks With Market Caps Over $90M To Consider
CBAK Energy Technology, Inc., a manufacturer and distributor of lithium and sodium batteries, is navigating financial challenges with declining revenues. Despite reporting a net loss of US$1.58 million in Q1 2025, the company has secured a significant order from Livguard worth approximately US$3 million and announced a share buyback program of up to US$20 million. Additionally, a strategic partnership with Kandi Technologies aims to establish lithium battery production facilities in the U.S., targeting the growing North American off-road vehicle market. These developments indicate a positive outlook for the companys future prospects.
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Nano Dimension Reports First Quarter 2025 Financial Results
Nano Dimension Ltd. reported its financial results for Q1 2025, showing an 8% increase in revenue to $14.4 million. Despite a challenging economic environment, the company improved its adjusted EBITDA loss by 33% and net loss by 31% year-over-year. The company has implemented a strategic transformation, achieving $20 million in annualized cost savings by discontinuing underperforming product lines and optimizing processes. Nano Dimension completed acquisitions of Desktop Metal and Markforged in April 2025, focusing on operational synergies and product alignment. The company launched new products, FOX Ultra and PUMA Ultra, and strengthened its board with new technology and growth experts.
AcquisitionManagement ChangesLayoffs
Nano Dimension Strengthens Board with Technology and Growth Experts to Accelerate Global Manufacturing Platform Expansion
Nano Dimension Ltd., a leader in digital manufacturing solutions, has appointed Andy Sriubas and Eileen Tanghal to its Board of Directors. These appointments are part of the companys strategy to transition from M&A integration to scaling its technology platform globally. The new board members bring extensive experience in technology, digital transformation, and strategic growth, which is expected to guide Nano Dimensions next phase of development. The company is focusing on delivering value to shareholders and leveraging its expanded technology portfolio to drive innovation and growth.
Management Changes
Nano Dimension to Host Q1 2025 Financial Results Conference Call
Nano Dimension Ltd., a leader in Digital Manufacturing solutions, announced a conference call and webcast to discuss its Q1 2025 financial results. The call is scheduled for June 12, 2025, at 4:30 PM EST. The company specializes in advanced digital manufacturing technologies for various industries, including defense, aerospace, automotive, electronics, and medical devices. These technologies enable rapid deployment of high-mix, low-volume production with IP security and sustainable manufacturing practices. The announcement is expected to positively impact the companys growth by highlighting its financial performance and technological advancements.
Nano Dimension Ltd (NNDM) Q4 2024 Earnings Call Highlights: Navigating Growth Amidst Challenges
Nano Dimension Announces 2024 Financial Results and Shares 2025 Strategic Outlook
Nano Dimension Ltd. has announced its 2024 financial results and shared its strategic outlook for 2025, focusing on becoming a leader in digital manufacturing. The company has undergone significant changes, including a reconstituted Board of Directors and a refreshed management team. The CEO, Ofir Baharav, emphasized the companys commitment to responsible capital stewardship and shareholder value creation. Nano Dimension aims to partner with industrial leaders to manufacture advanced parts at scale using cloud-based processing, machine learning, and intelligent systems. The company is positioned for transformative growth, leveraging its cutting-edge technology and strategic partnerships.
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Promising Penny Stocks To Watch In April 2025
Nano Dimension Ltd., a company specializing in additive manufacturing solutions, has undergone significant executive changes with the appointment of Ofir Baharav as CEO. The company is focusing on strategic realignment and cost reduction to enhance shareholder value. Despite being unprofitable, Nano Dimension maintains a strong cash position, allowing it to sustain operations for over three years. Recent product innovations in high-performance electronics manufacturing indicate potential growth. The company is also engaging in share buybacks worth up to $150 million. However, it faces legal challenges concerning its merger agreement with Desktop Metal Inc.
Management ChangesAcquisition
Nano Dimension to Host 2024 Financial Results and 2025 Outlook Conference Call
Nano Dimension Ltd., a leader in Digital Manufacturing solutions, announced a conference call and webcast to discuss its financial results for the year 2024 and provide an outlook for 2025. The call is scheduled for April 30, 2025. The company is driven by trends in onshoring, national security, and product customization, delivering advanced manufacturing technologies to industries like defense, aerospace, automotive, electronics, and medical devices. These technologies enable rapid deployment of high-mix, low-volume production with IP security and sustainable practices.
China weighs U.S. tariff exemptions, Alphabet reports Q1 beat: Morning Buzz
Alphabet reported better-than-expected Q1 earnings and revenue, increased its dividend by 5%, and authorized the repurchase of up to an additional $70 billion in shares. This positive financial performance is part of a broader context where major averages were mixed following several days of gains, influenced by easing U.S.-China trade tensions. The article also mentions Intels plans to streamline its organization, including layoffs, and other companies financial updates. Additionally, Tencent Music is in advanced talks to purchase Ximalaya in a $2.4 billion deal, and MSG Networks is close to a deal with JPMorgan to avoid bankruptcy.
InvestmentLayoffs
Nano Dimension Announces Closing of Markforged Acquisition
Nano Dimension Ltd., a leader in digital manufacturing solutions, has completed its acquisition of Markforged Holding Corporation for $116 million. This acquisition enhances Nano Dimensions capabilities in metal and composite manufacturing solutions, particularly with AI-enhanced manufacturing. The integration of Markforgeds systems, which are widely used across industries such as aerospace, automotive, and medical technology, will expand Nano Dimensions reach and strengthen its position in the market. The acquisition also involves a management change, with Markforgeds CFO joining Nano Dimension as the combined companys CFO. This strategic move is expected to drive profitability and strengthen Nano Dimensions capital position.
AcquisitionManagement Changes
Nano Dimension Provides Update on Desktop Metal
Nano Dimension Ltd., a leader in Digital Manufacturing solutions, has announced that its subsidiary, Desktop Metal, is exploring strategic alternatives to address its liabilities and liquidity needs. This process includes appointing Robert Warshauer to its Board of Directors and engaging Piper Sandler & Co. and FTI Consulting, Inc. as financial advisers. The outcome or timing of this strategic review process is uncertain. Nano Dimension plans to provide more details during its upcoming financial results and outlook call in late April 2025. The company is driven by trends in onshoring, national security, and product customization, serving industries like defense, aerospace, and medical devices.
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Nano Dimension Appoints Ofir Baharav as CEO
Nano Dimension Ltd., a leader in digital manufacturing, has appointed Mr. Ofir Baharav as its new CEO. This strategic move aims to leverage Mr. Baharavs extensive experience in capital equipment, additive manufacturing, and electronics to drive the companys growth and profitability. The company is focusing on strategic realignment, cost reduction, and operational optimization to enhance market penetration and shareholder value. Mr. Baharav has already initiated significant changes, including refocusing R&D, reducing expenses, and negotiating with CFIUS to remove post-merger restrictions. These efforts are expected to deliver substantial savings and improve operational efficiency, positioning Nano Dimension for future success.
Management Changes
Nano Dimension Ltd.'s (NASDAQ:NNDM) top owners are individual investors with 59% stake, while 29% is held by institutions
The article discusses the ownership structure of Nano Dimension Ltd., highlighting that individual investors hold a significant 59% stake in the company, giving them substantial influence over management and business strategy. Institutional investors own 29% of the shares, indicating a level of credibility within the investment community. The largest shareholder is Anson Group, with a 9% stake, followed by Murchinson Ltd. and Boothbay Fund Management, LLC. The article suggests that the involvement of hedge funds, which control 9% of the shares, could lead to active management and potential value creation. Overall, the ownership distribution suggests a positive growth outlook for the company.
Nano Dimension Completes Acquisition of Desktop Metal
Nano Dimension Ltd., a leader in digital manufacturing, has completed its acquisition of Desktop Metal, Inc. for $179.3 million. This strategic move, finalized on April 2, 2025, positions the combined entity as a global leader in advanced manufacturing solutions for electronics, mechanical, and medical applications. The acquisition is expected to boost annual revenue to over $200 million for 2024. Under new leadership since December 2024, Nano Dimension is focused on financial transformation, optimizing operations, and building strong customer partnerships. The company aims to drive profitable growth and maintain financial strength, leveraging its expanded customer base, which includes Fortune 500 companies and industry leaders across various sectors.
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Why Nano Dimension Stock Was Sinking This Week
Nano Dimension, a 3D printing company, faced a significant stock decline after a Delaware Court of Chancery judge ruled that it must proceed with its acquisition of Desktop Metal. The acquisition, initially announced in July for up to $183 million in cash, faced hurdles as Nano Dimension attempted to back out, leading to a lawsuit from Desktop Metal. The court found Nano Dimension in material breach of the agreement and ordered the deal to be closed by March 31. Despite expressing disappointment, Nano Dimension committed to finalizing the acquisition, aiming to focus on the potential synergies of the combined entity.
Acquisition
Nano Dimension Outlines Strategic Vision Following Desktop Metal Merger Ruling
Nano Dimension Ltd., a leader in Digital Manufacturing solutions, is set to complete its acquisition of Desktop Metal, Inc. following a ruling by the Delaware Court of Chancery. This acquisition, along with a pending merger with Markforged Holding Corporation, aims to significantly expand Nano Dimensions scale and customer base across various sectors, including aerospace, defense, and medical. Despite initial disappointment with the courts decision, Nano Dimension is focused on integrating Desktop Metals assets to enhance its position as a leader in digital manufacturing. The company is driven by trends in onshoring, national security, and product customization, and aims to deliver advanced manufacturing technologies with a focus on financial strength, profitable growth, and customer partnerships.
Acquisition
Desktop Metal Prevails in Delaware Court to Complete Proposed Nano Dimension Merger; Shares Surge
Desktop Metal, a 3D printing company, experienced a significant stock surge of nearly 90% following a favorable court ruling in Delaware. The ruling allows Desktop Metal to proceed with its proposed merger with Nano Dimension. This development is seen as a positive growth opportunity for Desktop Metal, as the merger is expected to enhance its market position and capabilities in the 3D printing industry. The merger has been a key focus for the company, and the courts decision marks a crucial step forward in its strategic plans.
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Why Nano Dimension Stock Crashed on Tuesday
Nano Dimension, a 3D printing company, faced a legal setback as the Delaware Court of Chancery ruled against its attempt to back out of a merger agreement with Desktop Metal. Nano Dimension had initially planned to acquire Desktop Metal for $183 million but developed cold feet, leading to a lawsuit by Desktop Metal. The court ordered Nano Dimension to proceed with the merger, requiring them to secure approval from the Committee on Foreign Investment in the United States (CFIUS) and complete the acquisition by March 31. The ruling negatively impacted Nano Dimensions stock, which fell by 16.5%. Investors are now selling Nano Dimension stock and buying Desktop Metal stock, anticipating the mergers completion.
Acquisition
Why Markforged (MKFG) Stock Is Trading Up Today
Markforgeds stock surged by 30.3% following a favorable court ruling in a lawsuit involving Desktop Metal and Nano Dimension. The ruling dismissed Markforged from the lawsuit, suggesting a positive outlook for its planned merger with Nano Dimension. This merger, valued at $5.00 per share, represents a significant premium over Markforgeds previous stock price and is expected to enhance Nano Dimensions capabilities in additive manufacturing and 3D printing. Despite the stocks volatility, this news has positively impacted market perception, with Markforgeds shares up 32.3% since the start of the year. The merger is anticipated to bring financial and operational synergies, helping the combined entity gain market share in a growing industry.
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Desktop Metal (DM) Stock Trades Up, Here Is Why
Desktop Metal, a 3D printing company, saw its stock price surge by 115% in pre-market trading following a favorable court ruling in its litigation against Nano Dimension. The lawsuit accused Nano Dimension of delaying regulatory approvals for their pending merger and violating merger terms by entering a separate agreement with Markforged. The merger, announced on July 3, 2024, involves Nano Dimension acquiring Desktop Metal in an all-cash transaction valued at $5.50 per share, a 27.3% premium over Desktop Metals prior closing price. Despite the stocks volatility, this news significantly impacted market perception, with shares closing at $4.52, up 98.2%. The company is leveraging AI technology, and the merger is expected to enhance its market position.
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Is Nano Dimension Ltd. (NASDAQ:NNDM) the Best 3D Printing and Additive Manufacturing Stock to Buy?
The article discusses the position of Nano Dimension Ltd. in the 3D printing and additive manufacturing industry. The global 3D printing market is expected to grow significantly, driven by digitization and advanced technologies. AI and automation are anticipated to revolutionize workflows, particularly in aerospace, defense, and automotive sectors. The industry is expected to move beyond prototyping to mass production by 2025. However, macroeconomic factors, such as rising interest rates and economic difficulties in Europe, pose challenges. Despite these hurdles, the outlook remains cautiously optimistic, with potential for cost-competitive manufacturing in high-performance applications.
Nano Dimension Provides Update on the Issuance of its 2024 Annual Report
Nano Dimension Ltd., a digital manufacturing solutions provider, announced a delay in releasing its 2024 Annual Report due to an ongoing lawsuit with Desktop Metal, Inc. regarding a merger agreement. The company expects the Delaware Court of Chancerys decision to impact its business outlook and material disclosures in the report. Nano Dimension serves various markets, including aerospace, defense, and high-tech industries, with its digital manufacturing technologies. The delay in the reports release is attributed to the potential implications of the courts decision, which may affect the companys future growth and strategic plans. The company emphasizes that forward-looking statements are subject to risks and uncertainties, including the lawsuits outcome.
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Nano Dimension’s Essemtec product line unveils FOX Ultra, PUMA Ultra
Nano Dimension has launched its latest high-performance solutions, the FOX Ultra and PUMA Ultra, from its Essemtec product line. These advanced surface mount technology platforms are designed to enhance high-precision, high-mix electronics manufacturing. The FOX Ultra and PUMA Ultra offer significant improvements in speed, precision, and flexibility, with pick-and-place speeds of 31,000 and 30,000 components per hour, respectively. This represents a more than 70% increase in throughput. Additionally, Nano Dimension has announced board changes, appointing David Stehlin to the board of directors, and a strategic shift that includes a share repurchase program.
Product StageManagement Changes
Nano Dimension’s Essemtec Product Line Unveils FOX Ultra and PUMA Ultra, the Next Generation of High-Performance SMT Solutions
Nano Dimension Ltd. has announced the launch of its latest high-performance solutions, the FOX Ultra and PUMA Ultra, from its Essemtec product line. These next-generation surface mount technology platforms are designed to enhance speed, precision, and flexibility in electronics manufacturing. The FOX Ultra and PUMA Ultra offer significant improvements in throughput, with pick-and-place speeds of 31,000 and 30,000 components per hour, respectively. These platforms are engineered to meet the needs of customers in sectors such as aerospace, defense, automotive, and medical electronics. The launch represents a major advancement in Nano Dimensions commitment to technological innovation and customer-driven solutions.
Product StageCustomers
Nano Dimension And 2 Other Penny Stocks To Watch Now
Nano Dimension Ltd., a company with a market capitalization of approximately $477.94 million, is facing significant corporate changes and legal challenges. Despite being unprofitable and experiencing declining earnings over the past five years, the company maintains a strong financial position with cash exceeding its total debt and a cash runway extending beyond three years. Recent board reshuffling includes appointing David Stehlin to leverage his technology sector expertise amidst ongoing merger disputes with Desktop Metal Inc., which could impact strategic growth opportunities. A proposed US$150 million share repurchase program reflects confidence in future prospects, pending Israeli court approval.
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Companies Like Nano Dimension (NASDAQ:NNDM) Are In A Position To Invest In Growth
The article discusses Nano Dimensions financial situation, focusing on its cash burn and cash reserves. As of September 2024, the company had $761 million in cash and a cash burn of $76 million per year, giving it a cash runway of about 10 years. The company has reduced its cash burn by 34% and increased its operating revenue by 6.8% over the past year, indicating positive growth. However, if Nano Dimension wants to accelerate growth, it may need to raise more capital, potentially through issuing new shares, which could dilute current shareholders. Overall, the companys financial position appears stable, with a long cash runway and improving metrics.
Is Nano Dimension Ltd. (NNDM) the Best Nanotech Penny Stock to Invest In?
The article discusses the potential of Nano Dimension Ltd. (NASDAQ:NNDM) as a promising investment in the nanotechnology sector. The global nanotech market, valued at $3.69 billion in 2022, is expected to grow significantly due to advancements in medical diagnostics, imaging, and other industries. Nano Dimension is highlighted as a top nanotech penny stock, with significant interest from elite hedge funds. The article emphasizes the potential of nanodevices in healthcare and electronics, and the growing application of nanotech in various sectors. The focus on hedge fund interest suggests a positive outlook for Nano Dimensions growth in the nanotech market.
Investment
Nano Dimension Announces Update to its Board of Directors
Nano Dimension Ltd. has announced changes to its Board of Directors with the appointment of Mr. David Stehlin, an experienced executive known for leading strategic turnarounds and driving business growth in the technology sector. This change is seen as a positive move for the company, aligning with its mission to realize its full potential. Concurrently, Mr. Kenneth Traub has resigned from the Board following his appointment as CEO and President of Comtech Telecommunications Corp. Nano Dimension, a supplier of additive manufacturing solutions, serves various industries including aerospace, defense, and high-tech industrial sectors.
Management Changes
Nano Dimension Letter from Interim CEO
Nano Dimension Ltd. has announced a strategic shift and a $150 million repurchase program, as detailed in a letter to shareholders by Interim CEO Julien Lederman. The company has faced significant challenges, including a substantial negative enterprise value and a stock decline of over 80% since early 2021. Shareholders have expressed concerns about trust, credibility, and the lack of a clear business strategy. The company has also been criticized for high operating expenses and inadequate financial communications. The board and the interim CEO are working to address these issues and strengthen the companys long-term prospects.
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Lantronix And 2 Other US Penny Stocks To Watch
Lantronix, Inc., a company focused on industrial IoT products, is navigating the penny stock market with a market cap of $135.05 million. Despite being unprofitable, the company has reduced losses over the past five years and maintains a positive cash flow with a runway for over three years. Lantronix recently appointed Daniel Quant as head of its IIoT division to integrate AI into its products, indicating a strategic focus on growth and innovation. The company reported first-quarter sales of $34.42 million but sustained a net loss of $2.5 million. Its short-term assets exceed liabilities, and it trades below estimated fair value, suggesting potential for growth despite high volatility.
Management Changes
Why Nano Dimension (NNDM) Is Among the Best 3D Printing and Additive Manufacturing Stocks to Buy?
The article discusses the position of Nano Dimension Ltd. within the 3D printing and additive manufacturing industry. It highlights the numerous benefits of 3D printing, such as cost reduction, waste minimization, and the ability to produce complex geometries. The technology is revolutionizing both manufacturing and construction industries by enabling rapid prototyping, low-volume production, and sustainable building solutions. The 3D printing industry is expected to grow significantly, from $22.14 billion in 2023 to $57.1 billion by 2028, driven by production applications and automation systems that enhance cost efficiency.
Desktop Metal Says Court Approves Motion for Expedited Trial in Suit Against Nano Dimension
Desktop Metal announced that the Delaware Court of Chancery has approved its motion for an expedited trial in its lawsuit against Nano Dimension. This legal development is seen as a positive step for Desktop Metal as it seeks a resolution in its legal dispute. The approval for an expedited trial could potentially lead to a quicker resolution, which may benefit Desktop Metals operations and strategic goals. The article does not mention any new partnerships, acquisitions, or financial investments related to Desktop Metal.
Nano Dimension Announces CEO Transition
Nano Dimension Ltd. announced a significant change in its leadership, with Mr. Julien Lederman appointed as the Interim CEO following the termination of Mr. Yoav Sterns role as CEO. The board is actively searching for a permanent CEO to lead the company. Mr. Lederman, who has been with the company since 2021, brings experience from Amazon, Goldman Sachs, and other notable organizations. This leadership change comes shortly after Mr. Stern was not re-elected as a director at the companys annual general meeting. Nano Dimension, a provider of digital manufacturing solutions, serves various industries including aerospace, defense, and high-tech sectors. The company is navigating through a transition period, with forward-looking statements indicating potential risks and uncertainties regarding its future growth and strategic plans.
Management Changes
Discover 3 US Penny Stocks With Market Caps Over $200M
The article discusses the potential of penny stocks in the U.S. market, highlighting Nano Dimension Ltd. as a notable example. Despite its significant cash reserves and a market cap of approximately $545.9 million, Nano Dimension faces challenges such as a lawsuit from Desktop Metal over merger obligations and ongoing unprofitability. The company is undergoing governance changes with new board appointments following shareholder activism. These developments indicate a complex landscape for Nano Dimension as it seeks growth opportunities amidst operational and governance challenges. The article suggests that while penny stocks like Nano Dimension offer growth potential, they also come with inherent risks.
Management Changes
Nano Dimension Responds to Desktop Metal’s Lawsuit Regarding Merger Agreement
Nano Dimension Ltd. is facing a lawsuit filed by Desktop Metal, Inc. in the Delaware Court of Chancery. The lawsuit alleges that Nano Dimension has not used its best efforts to obtain regulatory approval for a merger agreement between the two companies. Nano Dimension disputes the claims, stating that the lawsuit is without merit and inconsistent with the merger agreement. The company intends to defend itself and maintain its rights under the agreement. The lawsuit is seen as an attempt by Desktop Metal to impose deadlines and obligations not aligned with the agreement. Nano Dimension provides digital manufacturing technologies across various industries.
Acquired-by
Nano Dimension Announces Changes in Board Composition
Nano Dimension Ltd. announced significant changes to its Board of Directors, with Ofir Baharav appointed as Chairman. The changes follow the results of the companys 2024 annual general meeting and a court ruling validating a previously contested extraordinary general meeting. Several board members, including Dr. Yoav Nissan-Cohen and others, resigned, while new members were elected. The newly reconstituted board is committed to strong corporate governance and maximizing shareholder value. These changes are part of a broader strategy to enhance corporate governance and operational efficiency.
Management Changes
Nano Dimension’s Additive Electronics Product Line - Essemtec - Received a Global Technology Award
Nano Dimension Ltd., a leader in additive manufacturing solutions, announced that its Tarantula Underfill system received the Global Technology Award for Innovation at the SMTA International 2024 Show in Chicago. The Tarantula Underfill system is crucial for assembling complex devices in industries requiring high durability, such as aerospace and defense. It enhances mechanical strength and reliability by reducing stresses from thermal expansion and vibration. The systems innovation lies in its non-contact heating solution and precise dispensing control, making it suitable for two-sided populated PCBs. This recognition highlights Nano Dimensions commitment to delivering cutting-edge technology that meets diverse customer needs across various industries.
Nano Dimension Announces Election of Ofir Baharav and Robert Pons to Board of Directors
Nano Dimension Ltd., a leader in additive manufacturing, announced the election of Mr. Ofir Baharav and Mr. Robert Pons to its Board of Directors during its 2024 Annual General Meeting. The company aims to leverage their expertise to enhance shareholder value and drive growth. The meeting also saw the reappointment of Somekh Chaikin as the independent auditor and approval of compensation for non-executive directors. However, shareholders did not approve the compensation terms for CEO Yoav Stern or the proposal to de-stagger the Board. Nano Dimension continues to focus on its strategy to lead in digital manufacturing using AI-driven systems and a distributed manufacturing network.
Management Changes
Nano Dimension Shareholders Overwhelmingly Support Murchinson’s Nominees at 2024 Annual General Meeting
In a significant development for Nano Dimension Ltd., shareholders have elected Murchinson Ltd.s nominees, Ofir Baharav and Robert Pons, to the companys Board of Directors, replacing CEO Yoav Stern and incumbent director Gen. Michael Garrett. This decision follows a series of shareholder meetings where Mr. Sterns leadership and compensation package were heavily criticized. Murchinson, holding 7.1% of Nanos shares, has been instrumental in advocating for these changes, emphasizing the need for independent voices and better governance practices. Despite not achieving the required majority to de-classify the Board, a substantial 67% of shareholders supported the proposal, highlighting ongoing dissatisfaction with current governance structures. The changes reflect a push towards more shareholder-friendly policies and improved accountability within the company.
Management Changes
Nano Dimension Unveils Groundbreaking New Resin for DLP 3D Printers at Formnext 2024
All Three Independent Proxy Advisory Firms Support Murchinson’s Case for Further Board Change at Nano Dimension
Murchinson Ltd., a significant shareholder of Nano Dimension Ltd., announced that three independent proxy advisory firms recommend shareholders vote against CEO Yoav Sterns election to the Board and reject his compensation package. The firms highlight Nanos negative enterprise value, dwindling cash, and governance failures as reasons for change. Murchinson urges shareholders to support their nominees, Ofir Baharav and Robert Pons, to ensure board independence and address issues hindering Nanos growth. The Annual General Meeting is scheduled for December 6, 2024.
Nano Dimension Reiterates Calls for Shareholders to Vote “FOR” All of Nano’s Proposals
Nano Dimension Ltd. is urging its shareholders to vote in favor of the re-election of CEO Yoav Stern and General (Ret.) Michael X. Garrett, as well as all company proposals, ahead of the 2024 Annual General Meeting. The company highlights the recognition by Institutional Shareholder Services Inc. (ISS) of its progress in executing a focused value creation strategy. Nano Dimension has recently refreshed its Board and leadership team, delivering on promises of transformational M&A agreements and governance enhancements. The company disagrees with ISS recommendations that support further expansion of Murchinson Ltd.s representation on the Board, arguing that it could hinder long-term value maximization for shareholders. The voting deadline is December 1, 2024.
Nano Dimension Leads 3 US Penny Stocks To Consider
Nano Dimension Ltd., a company specializing in additive manufacturing, is currently facing significant investor activism. Despite reporting improved third-quarter sales of US$14.86 million for 2024, the company remains unprofitable with a net loss of US$8.35 million. Nano Dimension has more cash than debt, allowing it to cover over three years of operations at current burn rates. However, recent boardroom disputes have raised concerns about governance and strategic direction, leading to a critical shareholder vote scheduled for December 6, 2024. These issues highlight the challenges the company faces in aligning its strategic goals with shareholder expectations.
Management Changes
A Leading Proxy Advisory Firm Glass Lewis Recommends Nano Dimension Shareholders Vote "FOR" Both of Murchinson’s Independent Director Nominees
Glass Lewis, a leading proxy advisory firm, has recommended that shareholders of Nano Dimension Ltd. support Murchinson Ltd.s nominees, Ofir Baharav and Robert Pons, for the Board of Directors. Glass Lewis criticized the current boards performance and governance issues, advising shareholders to reject CEO Yoav Sterns compensation package and support Murchinsons proposal to declassify the board. The advisory firm highlighted Nanos poor capital allocation and M&A strategy, suggesting that the current board has not served shareholders well. Murchinson, holding 7.1% of Nanos shares, is pushing for these changes at the upcoming Annual General Meeting on December 6, 2024.
Management Changes
Nano Dimension Third Quarter 2024 Earnings: US$0.05 loss per share (vs US$0.14 loss in 3Q 2023)
Nano Dimension reported a revenue increase to $14.9 million, up 12% from the third quarter of 2023. The company also narrowed its net loss to $8.35 million, a 75% improvement from the previous quarter. The loss per share improved from $0.14 to $0.05. Despite these positive financial results, the companys share price remained broadly unchanged over the past week. The article highlights a warning sign for Nano Dimension, suggesting potential risks that investors should be aware of. The analysis provided is based on historical data and analyst forecasts, and it does not constitute financial advice.
Nano Dimension Reiterates Its Strategic Plan to Build Significant Long-Term Value for ALL Nano Shareholders
Nano Dimension Ltd., a leader in additive manufacturing solutions, is urging its shareholders to vote in favor of its proposals at the upcoming 2024 Annual General Meeting. The company is facing a challenge from Murchinson Ltd., which already has two representatives on Nanos board and is attempting to gain further control. Nanos management argues that Murchinson lacks a plan for value creation and is pushing for liquidation. The company emphasizes the importance of shareholder votes to protect their investments and prevent Murchinson from gaining control. The voting deadline is December 1, 2024, with the meeting scheduled for December 6, 2024.
Israeli Court Ruling Validates Nano Dimension Board’s Strategic Decisions and Clarifies Current Board Structure
Nano Dimension Ltd., a leader in additive manufacturing solutions, received validation from an Israeli court regarding strategic actions taken, including the acquisition of Desktop Metal and Markforged. The court confirmed the validity of decisions made at the March 2023 Extraordinary General Meeting, including changes to the companys Articles of Association. Kenneth Traub and Dr. Joshua Rosensweig, previously board observers, have been appointed as full board members. CEO Yoav Stern continues in his role and will stand for election at the 2024 Annual General Meeting. The company emphasizes its commitment to becoming a market leader in digital manufacturing and delivering long-term value for shareholders.
AcquisitionManagement Changes
Nano Dimension Shareholder Says Israeli Court Validates Results of Special 2023 Meeting
The article discusses a recent development involving Nano Dimension, where a shareholder has indicated that an Israeli court has validated the results of a special meeting held in 2023. This legal validation is seen as a positive outcome for the company, potentially strengthening its position and providing reassurance to its stakeholders. The article does not mention any new partnerships, acquisitions, or financial investments related to the company. The focus is primarily on the legal aspect and its implications for Nano Dimension.
Israeli District Court Rules in Favor of Murchinson and Validates Shareholder Vote from the Nano Dimension March 2023 Special Meeting
The District Court for the Central District in Israel has validated the results of Nano Dimension Ltd.s March 2023 extraordinary general meeting (EGM), which supported Murchinson Ltd.s proposals to amend the Articles of Association. These amendments allow shareholders to fill board vacancies and remove directors with a simple majority. The courts decision confirms the removal of three directors and the installation of two independent professionals on the board. Murchinson, holding 7.1% of Nanos shares, expressed satisfaction with the ruling, criticizing Nanos management for its costly legal battle to disenfranchise shareholders. The decision highlights ongoing issues with Nanos corporate governance and shareholder rights.
Management Changes
Nano Dimension Reports Record Q3 Growth and Strategic Mergers
Nano Dimension reported a highly successful third quarter, with a 22% increase in revenue to $14.9 million compared to the previous year. The company also managed to reduce its net cash burn by 80%. Highlighting its strategic growth initiatives, Nano Dimension announced two major mergers with Desktop Metal and Markforged. These developments underscore the companys strong positioning in the additive manufacturing industry, even amid broader market uncertainties.
Acquisition
Nano Dimension Ltd (NNDM) Q3 2024 Earnings Call Highlights: Record Revenue and Strategic ...
Nano Dimension Ltd reported a strong financial performance for Q3 2024, with $15 million in revenue, marking a 22% increase over the previous year. The company achieved a gross margin of 48% and significantly reduced its net cash burn. Nano Dimension successfully closed acquisitions of Desktop Metal and Markforged, expanding its product line and customer base. Despite these positive metrics, the company faces challenges, including ongoing conflicts with activist shareholders and regulatory hurdles related to its acquisitions. The company aims to achieve breakeven EBITDA by focusing on cost synergies, with profitability expected by early 2026. Customer reactions to the acquisitions have been positive, and regulatory processes are nearing completion.
AcquisitionCustomers
Nano Dimension Announces Q3/2024 Results – The Best 3rd Quarter in the Company’s History
Nano Dimension Ltd. reported its financial results for Q3 2024, showing a 22% increase in revenue to $14.9 million compared to the same period in 2023. The company also announced two significant M&A agreements with Desktop Metal and Markforged during Q3 2024. Gross margins improved to 48.2%, and the adjusted gross margin increased to 50.5%. The net cash burn was significantly reduced by 80% to $3 million. Despite a net loss of $8.6 million, this was a substantial improvement from the $66.9 million loss in Q3 2023. The company continues to urge shareholders to vote by December 1st, 2024, to protect its ongoing success.
Acquisition
Murchinson Sends Letter to Nano Dimension Shareholders Highlighting the Collective Opportunity to Add Independent Perspectives to Nano’s Boardroom
Murchinson Ltd., a significant shareholder of Nano Dimension Ltd., has issued a letter urging fellow shareholders to vote for its nominees, Ofir Baharav and Bob Pons, to replace the current board members of Nano Dimension. Murchinson criticizes the current board for poor capital allocation, dilutive mergers and acquisitions, and inadequate corporate governance, which they claim have destroyed shareholder value and increased risk. The firm emphasizes the need for independent and qualified directors to improve the companys governance and performance. Shareholders are encouraged to vote by November 27th to ensure their votes are counted. Murchinson, an alternative asset management firm based in Toronto, highlights its experience in global markets and its multi-strategy investment approach.
Management Changes
Nano Dimension Reminds Shareholders that Time Is Running Out to Protect Their Investment - Vote FOR Nano’s Proposals
Nano Dimension Ltd., a leading supplier of additively manufactured electronics and 3D printing solutions, is urging its shareholders to vote in favor of its proposals at the upcoming 2024 Annual General Meeting. The company emphasizes the importance of voting before the deadline on December 1, 2024, to protect their investment and the companys future. Shareholders are encouraged to vote electronically to ensure their votes are counted. The meeting is scheduled for December 6, 2024. The company is facing opposition from Murchinson Ltd., which has its own set of proposals. The article highlights the urgency for shareholders to act promptly and provides resources for voting information.
Nano Dimension Announces Conference Call to Discuss Q3/2024 Quarterly Results
Nano Dimension Ltd., a leader in Additively Manufactured Electronics and multi-dimensional additive manufacturing, announced it will release its third-quarter 2024 financial results on November 20, 2024. The company will host a conference call to discuss these results, featuring CEO Yoav Stern, CFO Tomer Pinchas, and VP of Corporate Development Julien Lederman. Nano Dimension is focused on transforming electronics and mechanical manufacturing into Industry 4.0 through precision additive manufacturing and deep learning-based AI. The company serves over 2,000 customers across various sectors, including aerospace, defense, and advanced automotive. The announcement highlights the companys commitment to innovation and its strategic focus on leveraging AI for manufacturing improvements.
Murchinson Questions Nano Dimension’s Lack of Response to Reports of Suspected Connections Between Nano Management and Affiliates of a US-Sanctioned Kremlin-Related Russian Oligarch
Murchinson Ltd., a significant shareholder of Nano Dimension Ltd., has raised concerns about the companys governance and transparency. The concerns stem from alleged questionable relationships between Nanos leadership and affiliates of a sanctioned Russian oligarch. Murchinson is urging Nanos CEO, Yoav Stern, and the Board to address these allegations publicly, especially regarding the acquisition of DeepCube for over $70 million. The lack of response from Nanos leadership has raised questions about their judgment and governance, potentially impacting shareholder voting decisions. Murchinson emphasizes the importance of transparency and full disclosure of material information to shareholders.
Nano Dimension Shareholder Anson Funds to Vote Against CEO Yoav Stern's Pay, Re-election of Incumbent Directors
Nano Dimension is facing opposition from its shareholder, Anson Funds, regarding the CEO Yoav Sterns compensation and the re-election of incumbent directors. This dissent indicates potential challenges in the companys governance and management structure. Anson Funds plans to vote against these proposals, highlighting a lack of alignment between the management and shareholders. Such actions could lead to management changes if the dissent gains enough support. The event underscores the importance of addressing shareholder concerns to maintain stability and confidence in the companys leadership.
Management Changes
Update: Nano Dimension Shareholder Anson Funds to Vote Against CEO Yoav Stern's Pay, Re-election of Incumbent Directors
Nano Dimension is facing opposition from its shareholder, Anson Funds, regarding the CEO Yoav Sterns compensation and the re-election of incumbent directors. This dissent indicates potential management changes as shareholders express dissatisfaction with current leadership decisions. The move by Anson Funds suggests a lack of confidence in the current managements ability to steer the company effectively. Such shareholder actions can lead to significant shifts in company strategy and governance, potentially impacting Nano Dimensions growth trajectory negatively.
Management Changes
ANSON FUNDS TO VOTE FOR ALL SHAREHOLDER NOMINEES AND PROPOSALS AT NANO DIMENSION'S UPCOMING ANNUAL GENERAL MEETING
Anson Funds, the largest shareholder of Nano Dimension, has announced its intention to vote in favor of shareholder nominees and a proposal to declassify the Board of Directors at the upcoming 2024 Annual General Meeting. Anson Funds also plans to vote against the compensation package of CEO Yoav Stern, citing inadequate oversight and poor acquisition results. The firm believes that a refreshed Board with independent directors and governance enhancements are necessary to halt ongoing value destruction at Nano Dimension. Anson Funds is a privately held alternative asset manager with over $2 billion in assets.
Management Changes
Murchinson Refutes Nano Dimension’s Latest False and Misleading Claims
Murchinson Ltd., a significant shareholder of Nano Dimension Ltd., has issued an investor presentation challenging the companys recent public statements. Murchinson, holding approximately 7.1% of Nanos shares, is advocating for the election of two independent director nominees, Ofir Baharav and Robert Pons, to the companys Board of Directors at the upcoming Annual General Meeting on December 6, 2024. The presentation highlights Nanos underperformance, failed capital allocation strategy, and poor corporate governance. Murchinson aims to correct perceived distortions and misrepresentations in Nanos materials and urges shareholders to support their nominees to end the ongoing value destruction.
Management Changes
Nano Dimension Sends Letter to Shareholders and Releases Video
Nano Dimension Ltd. is actively pursuing a value creation strategy aimed at achieving profitability, as highlighted in a recent letter to shareholders. The company has executed two significant M&A transactions over the past year, which are expected to enhance shareholder returns. Nano Dimension is urging shareholders to vote in favor of its proposals at the upcoming Annual General Meeting on December 6, 2024, to ensure continued strategic progress. The company is countering a campaign by Murchinson, which it claims could hinder its growth strategy. Shareholders are encouraged to vote by December 1, 2024, to protect their investments.
Acquisition
Nano Dimension Releases Presentation Highlighting Execution of Disciplined and Focused Value Creation Strategy for ALL Shareholders
Nano Dimension Ltd. has released an investor presentation emphasizing its strategic achievements and urging shareholders to support its proposals in the upcoming annual meeting. The company highlights its transformational M&A strategy, including agreements to acquire Desktop Metal, Inc. and Markforged Holding Corporation, which are expected to enhance its market leadership in additive manufacturing. Nano reports significant financial improvements, including a 29% organic revenue growth in 2023 and a 69% reduction in cash burn in the first half of 2024. The company has also made governance enhancements by reducing board size and separating the Chairman and CEO roles. Nanos board encourages shareholders to vote in favor of its proposals to ensure continued growth and value creation.
Acquisition
Murchinson Issues Presentation Detailing Urgent Need for Boardroom Change in Order to Save Nano Dimension
Murchinson Ltd., a significant shareholder of Nano Dimension Ltd., is advocating for changes in the companys boardroom due to ongoing value destruction, poor corporate governance, and ineffective capital allocation strategies. Murchinson, holding 7.1% of Nanos shares, has nominated two independent director candidates for election at the 2024 Annual General Meeting. The presentation highlights Nanos declining enterprise value, poor shareholder returns, and questionable governance practices. Murchinson criticizes Nanos acquisition strategy, which has not yielded revenue growth or synergies. Concerns are also raised about potential connections between Nanos leadership and a sanctioned Russian oligarch. Murchinson warns that without board changes, Nano risks further financial decline and potential bankruptcy by 2027.
Management Changes
Nano Dimension Sends Letter to Shareholders
Nano Dimension Ltd., a leading supplier of Additively Manufactured Electronics and 3D printing solutions, is urging its shareholders to vote in favor of its proposals at the upcoming 2024 Annual General Meeting. The company is facing a challenge from Murchinson Ltd., which is attempting to gain control of Nanos cash and influence its strategic direction. Nanos Board of Directors emphasizes the importance of supporting their proposals to continue executing their value creation strategy. The voting deadline is December 1, 2024, with the meeting scheduled for December 6, 2024. The company is focused on protecting shareholder investments and maintaining its growth trajectory.
Murchinson Sends Letter to Nano Dimension Shareholders Detailing the Need for Board Change Now in Order to Save Nano
Murchinson Ltd., a significant shareholder of Nano Dimension Ltd., has expressed concerns over the companys management and board, citing a persistent negative enterprise value and questionable acquisitions that have allegedly destroyed shareholder value. Murchinson criticizes CEO Yoav Stern and the board for wasting approximately $600 million and supporting a problematic compensation proposal. The firm urges shareholders to vote for its nominees, Ofir Baharav and Bob Pons, to restore accountability and protect shareholder value. Murchinsons letter highlights the need for boardroom change to safeguard the companys capital.
Management Changes
Nano Dimension is Presenting at The ThinkEquity Conference on October 30th, 2024
Nano Dimension Ltd., a leading supplier of Additively Manufactured Electronics and multi-dimensional additive manufacturing 3D printers, announced its participation in the ThinkEquity Conference in New York City on October 30, 2024. CEO Yoav Stern will present the companys strategy, recent mergers and acquisitions, and industry outlook. The presentation will be available via live stream. Nano Dimension aims to transform electronics and mechanical manufacturing into Industry 4.0 by leveraging AI and a distributed manufacturing network. The company serves over 2,000 customers across various sectors, offering solutions that enable rapid prototyping, high-mix-low-volume production, and environmentally friendly manufacturing. The event highlights Nano Dimensions commitment to innovation and its strategic direction in the additive manufacturing industry.
Nano Dimension Urges Shareholder Support Amid Strategic Growth
Nano Dimension is urging its shareholders to support its strategic growth initiatives at the upcoming annual meeting. The company has made significant strides in mergers and acquisitions, enhancing its financial performance and governance. However, it faces opposition from Murchinson Ltd., which has proposed changes that Nano Dimension believes could impede its progress. The company aims to solidify its position as a leader in additive manufacturing and is seeking shareholder backing to continue its growth trajectory.
Acquisition
Murchinson Nominates Two Highly Qualified Candidates to Nano Dimension’s Board of Directors
Murchinson Ltd., a significant shareholder of Nano Dimension Ltd., has expressed concerns over the companys corporate governance and value destruction. Murchinson, holding 7.1% of Nanos shares, has nominated two candidates for the Board of Directors to be elected at the upcoming Annual General Meeting on December 6, 2024. The nominations aim to bring independent perspectives and improve capital allocation and strategy development. Murchinson has been advocating for board changes since March 2023, following a shareholder vote to remove certain board members, which was ignored by the current board. The company has spent $160 million on share repurchases without improving its valuation, leading to further dissatisfaction among shareholders.
Management Changes
Nano Dimension Sends Letter to Shareholders
Nano Dimension is urging its shareholders to vote in favor of its proposals at the upcoming Annual General Meeting on December 6th, 2024. The company has made significant strides in its value creation strategy, including transformational M&A agreements and improvements in financial and operational performance. However, Murchinson Ltd. is attempting to gain control of Nano Dimension through proposals that could disrupt the companys strategy. Nano Dimensions board is advocating for shareholders to protect their investments by supporting the companys proposals. The voting deadline is December 1st, 2024.
Acquisition
3 US Penny Stocks With Market Caps Under $600M To Consider
CuriosityStream Inc., a factual content streaming service, is navigating the challenges typical of penny stocks. Despite being unprofitable, the company has managed to reduce its losses over the past five years and maintains a cash runway exceeding three years. A recent strategic move includes a distribution partnership with Off The Fence to enhance content reach in Asia. However, the company faces challenges such as significant insider selling and shareholder dilution over the past year. It reported a second-quarter net loss of $2.03 million, showing improvement from previous periods, indicating potential for future stabilization.
Partners
Murchinson Urges Fellow Nano Dimension Shareholders to Withhold Votes Until Complete Agenda for the Upcoming 2024 Annual Meeting Is Published
Nano Dimension Announces 2024 Annual General Meeting (AGM) of Shareholders
Nano Dimension Ltd. is set to hold its 2024 Annual General Meeting on December 6, 2024, to discuss its strategic direction and recent achievements. The company has made significant strides in its M&A strategy by entering agreements to acquire Desktop Metal and Markforged. These acquisitions are expected to close in late 2024 and early 2025, respectively, and are aimed at solidifying Nano Dimensions position as a leader in digital manufacturing and Industry 4.0. The company has also reported improvements in financial and operational performance, including a 29% year-over-year organic revenue increase and a 69% reduction in net cash burn. Governance enhancements have been implemented, including the separation of the Chairman and CEO roles. The meeting will also address shareholder votes on various governance and compensation matters.
Acquisition
15 Most Advanced Countries in 3D-Printing Technology
The article discusses the explosive growth of the global 3D printing market, which is projected to expand significantly over the next decade. Key players in the market include Nano Dimensions Ltd., Stratasys Ltd., and 3D Systems Corporation. Nano Dimensions is acquiring Desktop Metal, with the acquisition expected to close in the fourth quarter of 2024. The company has implemented cost-saving measures, including a 25% workforce reduction, to save between $12 million and $20 million annually. Stratasys is collaborating with Siemens Healthineers on a medical imaging project, despite a 3.7% decline in 2023 revenues. 3D Systems Corporation is recovering from a downturn, with a focus on diverse sectors. The article highlights the potential of 3D printing technology across various industries and countries.
AcquisitionLayoffs
Nano Dimension (NNDM): Best Nanotech Penny Stock to Buy
Nano Dimension (NASDAQ:NNDM) is highlighted as a promising nanotech penny stock due to its focus on additive manufacturing and 3D printing technologies. The company has proposed a merger with Desktop Metal, Inc., which is expected to enhance its capabilities in mass production across various sectors. Nano Dimension reported a 21% year-over-year revenue increase in the second quarter, driven by growth in its core business and successful acquisitions. The company has attracted interest from hedge funds, with Anson Investments being the largest shareholder. The nanotechnology market is projected to grow significantly, offering substantial investment opportunities despite challenges like high costs.
AcquisitionCustomers
Nano Dimension Reports 21% Revenue Boost in Q3
Nano Dimension Ltd., a leader in Additively Manufactured Electronics and 3D printing solutions, has reported a 21% year-over-year revenue growth in its preliminary Q3/2024 results, reaching $14.7 million. This growth is attributed to the strong performance of its core business and active acquisitions. The company reassures shareholders of its focus on revenue generation and customer value. The figures are preliminary and subject to final adjustments.
Acquisition
Nano Dimension Merger Wins Desktop Metal Shareholder Approval
Nano Dimension (NNDM) is set to merge with Desktop Metal after receiving approval from Desktop Metal stockholders. The merger is expected to be completed in the fourth quarter of 2024, pending regulatory approvals. This union aims to create a strong entity in the digital manufacturing sector, with a focus on becoming a self-sustaining industry leader. The merger is seen as a positive step for Nano Dimension, potentially enhancing its market position and financial stability.
Acquired-by
Nano Dimension Announces Strong Preliminary Q3/2024 Results
Nano Dimension Ltd. reported a 21% year-over-year increase in revenue for the third quarter of 2024, amounting to $14.7 million. This growth reflects the companys focus on revenue generation and delivering value to its over 2,000 customers across various industries. The company is also in the process of acquiring Desktop Metal, Inc. and Markforged Holding Corporation, which aligns with its strategy to enhance its additive manufacturing capabilities. Nano Dimensions vision is to transform electronics and mechanical manufacturing into more efficient and environmentally friendly processes. The companys strategy involves using AI to improve manufacturing capabilities and managing a distributed manufacturing network via the cloud.
AcquisitionCustomers
Desktop Metal Stockholders Approve Merger with Nano Dimension
Nano Dimension’s (NNDM) Strategic Acquisitions are Leading Additive Manufacturing
Nano Dimension, an Israeli company specializing in additive electronics and 3D printing technologies, has announced the acquisition of Desktop Metal for $183 million. This acquisition is expected to create significant synergies and cost savings, accelerating the industrys transition to mass production. The combined company will serve a diversified customer base, including Amazon, Caterpillar, and Tesla, across various industry verticals such as automotive, aerospace, and medical. Despite being listed among the worst 3D printing stocks, Nano Dimensions strategic acquisitions and cost-cutting measures position it for future growth and profitability.
AcquisitionCustomersInvestment
Why Nano Dimension Stock Is Soaring Today
Nano Dimensions stock surged by 8.6% following the announcement of its acquisition of Markforged, an industrial 3D-printing specialist, in an all-cash deal valued at $115 million. This acquisition follows Nano Dimensions earlier announcement in July to acquire Desktop Metal. The combined revenue of the three companies was $340 million last year, and Nano Dimension expects these acquisitions to pave the way for consistent profitability. The acquisition of Markforged is expected to close in Q1 2025, while the Desktop Metal buyout is expected to close in Q4 2023. Investors reacted positively to the news, boosting Nano Dimensions market capitalization to approximately $532 million.
Acquisition
Update: Nano Dimension to Acquire Markforged in All-Cash Deal for $5 a Share
Nano Dimension has announced its plan to acquire Markforged in an all-cash deal valued at $5 per share. This acquisition is expected to bolster Nano Dimensions market position and technological capabilities. The deal signifies a strategic move to enhance the companys offerings and expand its market reach. The acquisition details, including the per-share price, indicate a significant investment aimed at growth and expansion.
Acquisition
Nano Dimension Snaps Up Markforged In $115M Deal: Details
Nano Dimension Ltd. announced the acquisition of Markforged Holding Corporation in an all-cash deal valued at $115 million. The acquisition price of $5.00 per share represents a significant premium over Markforgeds recent trading prices. The deal, which has been unanimously approved by the Boards of Directors of both companies, is expected to close in the first quarter of 2025. Following the acquisition, the combined entity, including Desktop Metal, is projected to have a robust balance sheet with $475 million in cash and equivalents. Nano Dimension plans to finance the acquisition using its cash reserves, which stood at $764 million as of June-end. This strategic move aims to enhance Nano Dimensions market position and deliver profitable growth and exceptional services to its stakeholders.
Acquisition
Nano Dimension to Acquire Markforged, Creating a Leading Player in Additive Manufacturing (“AM”) With the Technologies Expected to Drive Future Growth
Nano Dimension Ltd. announced its acquisition of Markforged Holding Corporation in an all-cash transaction valued at $115 million, or $5.00 per share. This merger, along with Nano Dimensions prior acquisition of Desktop Metal, is expected to create a combined company with a 2023 revenue of $340 million and cash equivalents of $475 million. The merger aims to expand Nano Dimensions leadership in additive manufacturing (AM) and 3D printing, offering a comprehensive portfolio of solutions. The transaction is anticipated to close in the first quarter of 2025, subject to customary closing conditions and regulatory approvals.
Acquisition
Markforged (MKFG) Shares Skyrocket, What You Need To Know
Shares of 3D printer provider Markforged (NYSE:MKFG) surged 74% after the company agreed to be acquired by Nano Dimension in an all-cash transaction valued at $5.00 per share. This acquisition price represents a 71.8% premium over Markforgeds price on September 24, 2024, the day before the agreement was announced. The deal is expected to enhance Nano Dimensions additive manufacturing and 3D printing capabilities, following its recent acquisition of Desktop Metal. The market reacted positively to the news, indicating approval of the financial and operational synergies anticipated from the acquisition. Additionally, Markforged recently settled a patent infringement litigation with Continuous Composites, further stabilizing its market position.
Acquired-by
Nano Dimension Acquisition of Desktop Metal Receives Support from Leading Proxy Advisory Firm - ISS
Nano Dimension and HENSOLDT AG Announce: Expanding Investment in their Joint Venture – J.A.M.E.S – For Advancement of 3D Printed Electronics Industry
Nano Dimension Ltd. and HENSOLDT AG have announced the renewal of their joint venture, J.A.M.E.S, which focuses on advancing 3D printed electronics. The JV, established in July 2021, has successfully increased the adoption of Additively Manufactured Electronics (AME) technology. The renewal signifies continued collaboration and investment in the development of digital 3D printing of electronic components. Both companies highlight the JVs role in driving technology development and creating a professional network for advanced electronics manufacturing. The announcement underscores the strategic importance of J.A.M.E.S in the future success of Nano Dimension and the broader 3D printed electronics industry.
Partners
Nano Dimension Ltd. (NNDM): A Penny Stock That Will Make You a Millionaire
Nano Dimension Ltd. (NASDAQ:NNDM) is highlighted as a promising penny stock investment. The company, which specializes in 3D printing solutions, has seen a significant revenue increase and holds substantial cash reserves. It is considering acquiring its competitor, Desktop Metal, for approximately $180 million. This potential acquisition and the companys strong financial position could lead to significant growth. Eight hedge funds hold stakes in Nano Dimension, with a total value of $60.4 million. The article suggests that the company has the potential to deliver high returns to investors, especially given the current market conditions favoring smaller companies.
InvestmentAcquisition
Nano Dimension Clears Hart-Scott-Rodino (“HSR”) for Acquisition of Desktop Metal
Nano Dimension Ltd. announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act for its acquisition of Desktop Metal, Inc. This milestone means no further regulatory review by U.S. antitrust authorities is required, keeping the acquisition on track to close in Q4/2024. Nano Dimension, a leader in additively manufactured electronics and 3D printing solutions, aims to integrate Desktop Metals capabilities to enhance its manufacturing solutions. The acquisition is still subject to other customary closing conditions.
Acquisition
Nano Dimension Announces Q2/2024 and H1/2024 Results
Nano Dimension Ltd. reported its best quarter in history with a record revenue of $15.0 million for Q2 2024, a 2% increase from Q2 2023. The company also announced a definitive agreement to acquire Desktop Metal, Inc., aiming to create a leader in additive manufacturing. Despite a net loss of $44.3 million for Q2 2024, the company showed significant improvements in gross margin and reduced net cash burn by 69%. The acquisition, valued between $135 million and $183 million, is expected to bring synergies and operational efficiencies. The company continues to focus on innovation and financial strength.
Acquisition
Here's Why We're Not Too Worried About Nano Dimension's (NASDAQ:NNDM) Cash Burn Situation
The article discusses Nano Dimensions financial situation, focusing on its cash burn rate. The company had a cash reserve of US$793m as of March 2024, and burnt through US$98m in the last year, giving it a cash runway of about 8.1 years. Nano Dimension reduced its cash burn by 11% during the last year and its operating revenue was up by 14%. The companys market capitalisation is US$469m, and the cash burn rate is 21% of the companys market value. The article concludes that despite the cash burn rate, Nano Dimensions cash runway is promising.
Investment
Nano Dimension Announces Conference Call to Discuss Q2/2024 Quarterly Results
Nano Dimension Ltd., a leading supplier of Additively Manufactured Electronics (AME) and multi-dimensional polymer, metal & ceramic Additive Manufacturing (AM) 3D printers, will release its financial results for the second quarter of 2024 before the Nasdaq market opens on August 20th, 2024. The companys CEO, CFO, and VP of Corporate Development will host a conference call to discuss the results. Nano Dimension serves over 2,000 customers across various industries including aerospace & defense, advanced automotive, high-tech industrial, specialty medical technology, R&D and academia.
Customers
Is Nano Dimension Ltd. (NNDM) a Good Buy Now?
Nano Dimension Ltd., a 3D printing company, is highlighted as a strong investment opportunity in the additive manufacturing industry. The company is currently in the process of acquiring another 3D printing player, Desktop Metal. The preliminary second-quarter report for Nano Dimension shows sequential growth for the company, with unaudited revenue of $14.8 million reported for the quarter. This figure is slightly above the $14.74 million mark posted in the second quarter of 2023, showing a sequential increase of 11% over the past year. The company is poised to pay as little as $4.07 per share, or $135 million, for the Desktop Metal acquisition.
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3 Smart Fabric Stocks Weaving Tech Into Textiles
The article discusses the growth and investment opportunities in smart fabric stocks, particularly focusing on three companies: DuPont de Nemours, Nano Dimension, and Kopin. Smart fabrics, which are textiles embedded with components like sensors and actuators, have applications in health monitoring, sports, fashion, and the military. DuPont de Nemours is a global leader in smart fabrics and has collaborated with STMicroelectronics to extend its reach into smart wearable devices. Nano Dimension, a 3D printing sector company, is speculated to potentially develop smart textiles with the integration of electronics. Kopin, a company in the AI and smart fabrics market, has developed organic light-emitting diode (OLED) microdisplays and lens-less display architectures for microdisplays, particularly in the defense sector.
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Why Nano Dimension Stock Soared Today
Nano Dimension, a 3D-printing and additive manufacturing specialist, announced preliminary Q2 sales results that exceeded Wall Streets expectations, leading to a 16.7% surge in its stock. The company reported unaudited revenue of $14.8 million for the period, an 11% sequential increase from Q1. This suggests that Nano has either acquired a new customer or received a significant purchase from an existing client. Additionally, Nano Dimension announced plans to acquire Desktop Metal in an all-cash transaction deal valued at up to $183 million.
AcquisitionCustomers
Nano Dimension to Acquire Desktop Metal, Creating a Leader in Additive Manufacturing
Nano Dimension Announces Q2/2024 Preliminary Results
Nano Dimension Ltd., a leading supplier of Additively Manufactured Electronics (AME) and multi-dimensional polymer, metal & ceramic Additive Manufacturing (AM) 3D printing solutions, has announced a preview of its financial results for the second quarter ended June 30th, 2024. The company reported unaudited consolidated revenues of approximately $14.8 million for Q2/2024, up 11% from the previous quarter, demonstrating strong sales in a challenging market environment. The company also highlighted continued improved performance based on the Reshaping Nano Initiative.
Customers
Nano Dimension agrees to buy Desktop Metal for as little as $135 million | CTech
Nano Dimension has announced its intention to acquire Desktop Metal, a deal expected to be worth between $135 million and $183 million. This follows two years of interactions among leading companies in the additive manufacturing industry. In 2022, Desktop Metal reduced its workforce by 12%, coinciding with Nano Dimensions acquisition of a 12% stake in Stratasys. Both Nano Dimension and 3D Systems made multiple acquisition offers for Stratasys, all of which were rejected. The proposed merger between Stratasys and Desktop Metal fell through in September. The combined company of Nano Dimension and Desktop Metal is expected to have revenue of $246 million in 2023.
AcquisitionLayoffs
Shareholders in Nano Dimension (NASDAQ:NNDM) are in the red if they invested three years ago
Nano Dimension Ltd. has seen a significant drop in share price over the last three years, with a decrease of 71%. More recent investors have also been affected, with a drop of 25% in the last year and 19% in the last month. Despite this, the company has seen a revenue growth of 65% per year over the last three years. The CEO of Nano Dimension is paid less than the median at similar sized companies. The companys performance has been worse than the broader market, which gained around 23% in the last year.
Public Trading
Murchinson Sends Open Letter to Fellow Nano Dimension Shareholders Regarding the Latest Questionable Actions Taken by CEO Yoav Stern and the Nano Board of Directors
Treasure Hunt: 3 Nanotech Stocks Wall Street Hasn’t Discovered Yet
The article discusses the potential of nanotechnology and highlights three companies in the sector that are poised for growth: Nano Dimension, Atomera, and Aehr Test Systems. Nano Dimension focuses on developing advanced 3D printing technologies and intelligent machines for electronics. Atomera uses nanotechnology principles to enhance the performance and efficiency of semiconductor devices. Aehr Test Systems provides test and burn-in equipment for semiconductor manufacturers. Despite some financial challenges, all three companies have shown promising trends and are considered good investment opportunities.
Investment
Nano Dimension Ltd. (NASDAQ:NNDM) Q1 2024 Earnings Call Transcript
Nano Dimension Ltd. held its Q1 2024 earnings call, where CEO Yoav Stern reported a successful quarter. The company has been focusing on profitability, adjusting its business model to prioritize profits over top-line growth. Stern also mentioned new customers and partnerships, particularly in the defense and advanced electronics sectors. The company has also been investing in R&D, with notable achievements in AI services and robotics. Stern also highlighted the companys improved financial performance, with reduced operating expenses and cash burn. The company also plans to continue its share buyback program.
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Nano Dimension First Quarter 2024 Earnings: US$0.15 loss per share (vs US$0.09 profit in 1Q 2023)
Nano Dimension reported a decrease in revenue and a net loss for the first quarter of 2024. The companys revenue was down 11% from the first quarter of 2023, at US$13.4 million. The net loss was US$34.8 million, a significant decrease from the US$22.2 million profit reported in the same period the previous year. The loss per share was US$0.15, down from a profit of US$0.09 per share in 1Q 2023. Nano Dimensions shares are down 3.7% from a week ago.
Customers
Ambassador Georgette Mosbacher Joins Nano Dimension’s Board of Directors
Nano Dimension Ltd., a leading supplier of Additively Manufactured Electronics and multi-dimensional polymer, metal & ceramic Additive Manufacturing 3D printing solutions, has announced the appointment of Ambassador Georgette Mosbacher to its Board of Directors. Mosbacher, a former Chairman and CEO of Borghese, Inc., and former owner and CEO of La Prairie Group AG, brings a wealth of experience from both the private and public sectors. The company believes her global experience and ability to build bridges will be valuable as Nano Dimension seeks to extend its business and become an international digital manufacturing leader.
Management Changes
Nano Dimension Announces Q1/2024 Results Demonstrating Continued Gross Margin Expansion and Path to Profitability
Nano Dimension Ltd. has announced its financial results for Q1/2024, showing a gross margin improvement of 235 bps to 46.2% from 43.9% in Q1/2023. The companys net cash burn has improved by 75%, with $7.0M in Q1/2024 compared to $27.4M in Q1/2023. The company has also reduced its outstanding shares by 15% to 219 million over the last 15 months. The companys revenue for Q1/2024 was $13.36 million, a decrease from $14.97 million in Q1/2023. The companys CEO, Yoav Stern, attributes these results to the companys long-term planning and financial discipline.
CustomersManagement Changes
Nano Dimension Announces Major Enhancement to its Additive Electronics Robotics Systems from Essemtec
Nano Dimension Ltd., a leading supplier of Additively Manufactured Electronics (AME) and 3D printing solutions, has announced a major enhancement to its Additive Electronics (AE) offering. The companys Essemtec Product Group has introduced a new jet-on-the-fly capability, which increases the speed of additive electronics dispensing by up to 3 times. This development is expected to improve unit economics and increase the adoption of the companys systems. The enhancement will be available to existing customers, allowing them to integrate and benefit from this advanced technology. The company plans to leverage this capability to expand its footprint in the AE market.
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Nano Dimension Is Partnering with Esko and Fiery to Provide an End-To-End Industry 4.0 Solution
Nano Dimension Ltd., a leading supplier of Additively Manufactured Electronics (AME) and multi-dimensional polymer, metal & ceramic Additive Manufacturing (AM) 3D printing solutions, has announced a partnership with Esko-Graphics BV (Esko) and Fiery, LLC (Fiery) to provide inkjet manufacturers with a comprehensive, one-stop-shop digital print solution. The partnership aims to streamline the process for Industry 4.0 smart printing by combining Esko and Fiery’s workflow automation, prepress, color management, and job management solutions with GIS’s advanced print control systems. The collaboration is expected to support the ongoing digital transformation in the print industry.
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Nano Dimension Announces Q1/2024 Conference Call to Discuss Quarterly Results
Nano Dimension Ltd., a leading supplier of Additively Manufactured Electronics (AME) and multi-dimensional polymer, metal & ceramic Additive Manufacturing (AM) 3D printers, has announced that it will release its financial results for the first quarter of 2024 before the Nasdaq market opens on Monday, June 3rd, 2024. The companys CEO, CFO & COO, and VP of Corporate Development will host a conference call to discuss the financial results. 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.
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Stock Market Crash Warning: Don’t Get Caught Holding These 3 Nasdaq Stocks
The Federal Reserves decision to hold off on cutting interest rates has led to a negative impact on the Nasdaq, with stocks such as Beyond Meat, Nano Dimension, and Canopy Growth being particularly affected. Beyond Meat has seen a decline in demand, with only 15% of US households buying plant-based products last year. Nano Dimension, a 3D printing company, has seen its stock price fall by 97% from its all-time high. Canopy Growth, a cannabis company, has seen a recent uptick in price due to speculation around the legalization of marijuana, but its valuation is considered bloated and it has been missing top-line and bottom-line estimates.
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3 Nanotech Stocks With the Potential to Make You an Overnight Millionaire
The global nanotechnology market is expected to grow from USD 3.78 billion in 2022 to USD 74.1 billion by 2032, with a CAGR of 34.5%. This growth is attributed to the increasing adoption of nanotechnology in various industries. Three nanotech stocks that could potentially make investors millionaires overnight are NanoViricides, Luna Innovations, and Nano Dimension. NanoViricides is developing antiviral therapies using nanotechnology and aims to advance its broad-spectrum antiviral drug through further clinical trials. Luna Innovations focuses on advanced technology solutions and aims to strengthen its technological advancements. Nano Dimension provides 3D printing solutions for electronics and aims to consolidate its position in the additive manufacturing market.
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Individual investors account for 57% of Nano Dimension Ltd.'s (NASDAQ:NNDM) ownership, while institutions account for 31%
Nano Dimension Ltd. is primarily owned by individual investors, who hold around 57% of the companys shares. Institutional investors hold 31% of the companys shares, with hedge funds owning 9.3%. The largest shareholder is Anson Group, which owns 9.3% of the shares. Other significant shareholders include Murchinson Ltd., Asset Management Arm, and EOM Management, Ltd. CEO Yoav Stern owns 2.1% of the companys shares. The top 25 shareholders collectively hold less than half of the register, suggesting a large group of small holders where no single shareholder has a majority.
Investment
Nano Dimension Refreshes Corporate Governance by Appointing Major General (Ret.) Eitan Ben-Eliahu to the Company’s Board of Directors
Nano Dimension Ltd., a leading supplier of Additively Manufactured Electronics (AME) and multi-dimensional polymer, metal & ceramic Additive Manufacturing (AM) 3D printing solutions, announced that Major General (Ret.) Eitan Ben-Eliahu is joining its Board of Directors. Ben-Eliahu brings over 20 years of business leadership and a distinguished military career. He is currently the President of International Flight Academy (IFA), a board member of Gadfin Ltd. and RoutePerfect Ltd., and Chairman of the College Academic Center of Law & Business (ACLB). Simon Fried, a co-founder of Nano Dimension, will step down from his position as a director after over 10 years with the Company.
Management Changes
3 Stocks to Buy for 100X Gains Before the Next Tech Hype Cycle
The article discusses three small-cap tech stocks that could provide significant gains in the next tech hype cycle. These include Rigetti Computing, a quantum computing startup expected to see its revenue soar from $16.1 million in 2024 to $100 million by 2027. Nano Dimension, a company specializing in 3D printed electronics, is also highlighted, with its revenue growing 29% year-over-year to $56.3 million in 2023. Finally, BrainChip Holdings, a company specializing in neuromorphic AI chips, is mentioned as a potential multi-bagger if brain chips gain broader adoption.
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Nano Dimension Announces Q1/2024 Preliminary Results - “Reshaping Nano” Initiative Improves Cashflow Dramatically
Nano Dimension Ltd., a leading supplier of Additively Manufactured Electronics (AME) and 3D printing solutions, announced its Q1/2024 financial results. The company reported consolidated revenues of $13.2 million, demonstrating strong sales despite industry challenges. The company also highlighted a significant reduction in cash burn, with an average of $2.4 million per month during the quarter, a decrease of 75% from the same period in 2023. This positive change reflects the companys Reshaping Nano Initiative, which aims to make the company operating income positive in 2025.
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3 AI Stocks to Sell in April Before They Crash & Burn
The article discusses the current trend of investing in artificial intelligence (AI) companies in the stock market. However, it warns that not all new entrants in this emerging growth industry will be successful. The article specifically mentions three AI stocks to sell before their fortunes fade: Nano Dimension, Adobe, and Fiverr. Nano Dimension, a company involved in the 3D printing space, is now pitching itself as an AI play but continues to lose money. Adobe, a graphics software giant, finds itself in an interesting place when it comes to AI, with some analysts worried that AI could disrupt the firm. Fiverr, a digital marketplace for freelance workers, faces serious challenges as AI threatens the company’s core business.
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Top 15 3D Printing Companies in the US
The global 3D printing market is expected to grow to $88.28 billion by 2030 from $24.89 billion in 2024 at a compound annual growth rate (CAGR) of 23.5%. This growth is driven by increasing research, development, and prototyping by companies in various industries. Organovo Holdings, Inc. is a biotech firm using additive manufacturing to print 3D tissues for drug discovery. Apple Inc. has also started testing 3D printing for making steel cases for smartwatches. Other leading 3D printing companies in the United States include Formlabs, HP Inc., and General Electric Companys GE Additive. The article also lists other top 3D printing companies in the US based on their market capitalization as of March 28, 2024.
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3D Printing Financials: Nano Dimension Announces Layoffs Despite Increased Revenues and Reduced Losses - 3DPrint.com | The Voice of 3D Printing / Additive Manufacturing
Nano Dimension announced a 25% reduction in its workforce as part of a strategic restructuring initiative called “Reshaping Nano.” The company aims to streamline operations and align resources with future strategic goals. Despite a 29% increase in revenue from the previous year, the company recorded a net loss of $54.55 million. The restructuring plan involves critical assessment and restructuring of operating expenses across various departments, including R&D, sales, marketing, and general administration. The company anticipates reducing its cash spending between $12 million and $20 million in 2024. The company also announced new partnerships and increased sales with organizations like NASA and the Fraunhofer Institute.
LayoffsManagement Changes
Nano Dimension Full Year 2023 Earnings: US$0.22 loss per share (vs US$0.88 loss in FY 2022)
Nano Dimension has reported its full year 2023 results, showing a revenue of US$56.3m, up 29% from FY 2022. The companys net loss was US$54.6m, a 76% improvement from the previous year. However, the companys shares are down 3.6% from a week ago. The article also mentions a warning sign for Nano Dimension, but does not specify what it is.
Customers
Nano Dimension Ltd. (NASDAQ:NNDM) Q4 2023 Earnings Call Transcript
Nano Dimension Ltd. reported its Q4 2023 earnings, highlighting a 29-30% year-over-year growth and revenues close to $60 million. The company also reported a steady increase in gross margins, nearing 50%. The CEO, Yoav Stern, emphasized the companys focus on delivering value to shareholders, not just through top-line growth, but also through improving gross margins. The company has also made significant cost reductions, cutting annual costs by $25-30 million. Despite the growth, Nano Dimensions shares are being traded below their cash value. The company has spent nearly $100 million on share buybacks and has approved an additional $200 million for potential buybacks.
CustomersManagement Changes
Nano Dimension Announces Record 2023 Revenue of $56.3 Million and Organic Growth of 29%
Nano Dimension Ltd. has announced its financial results for Q4 and the full year of 2023, revealing a 19% growth in Q4 revenue compared to Q4 2022, and a 29% growth in FY 2023 revenue compared to FY 2022. The companys gross margin also grew by 41% in FY 2023. However, the company reduced its workforce by approximately 25% and shrank the Executive Management group by 25% as part of its Reshaping Nano Initiative. This initiative is expected to result in an estimated annualized savings of $30 million. The company also announced new relationships with customers such as NASA and the Fraunhofer Institute.
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Nano Dimension Announces Another Deep Learning AI Patent Granted to its DeepCube Technology
Nano Dimension Ltd., a leading supplier of Additively Manufactured Electronics (AME) and 3D printing solutions, has been granted a patent for technology developed by its industrial AI group, DeepCube. The technology enables better training and optimization of decentralized deep learning-based AI models. The patent addresses the challenge of continuously training models on new customer data, a limitation due to sensitivity and confidentiality concerns. The patent is a key component in Nano Dimensions efforts to transform DeepCube from an in-house AI group to a leading industrial AI solution provider. The company has already made progress in this initiative, having announced agreements and MOUs with several parties.
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Nano Dimension (NASDAQ:NNDM) Is In A Good Position To Deliver On Growth Plans
The article discusses the financial situation of Nano Dimension, a software-as-a-service company. It focuses on the companys cash burn rate, which is the rate at which it spends cash to fund growth. Despite increasing its cash burn by 23% year on year, Nano Dimensions revenue was up 38%, indicating growth. The company had a cash runway of about 7.5 years from September 2023, meaning it could continue at its current burn rate for that period without running out of cash. The companys cash burn of $116m is about 17% of its $687m market capitalisation, suggesting it could easily raise more cash for growth.
Investment
Nano Dimension Announces Conference Call to Discuss Q4 and Full Year 2023 Record Results
Nano Dimension Ltd., a leading supplier of Additively Manufactured Electronics (AME) and multi-dimensional polymer, metal & ceramic Additive Manufacturing (AM) 3D printing solutions, announced that it will release its financial results for the fourth quarter and full year of 2023 on March 21st, 2024. The companys CEO, CFO, and VP of Corporate Development will host a conference call to discuss the results. Nano Dimension has served over 2,000 customers across various industries including aerospace and defense, advanced automotive, high-tech industrial, specialty medical technology, and academia.
Customers
Nano Dimension Announces Important Business Updates:
Nano Dimension Ltd. has announced a series of updates including a share repurchase plan, a repeat customer success, and an R&D milestone. The company has commenced its previously disclosed share repurchase plan, allowing it to buy back up to $200 million worth of its American Depositary Shares until October 2024. Nano Dimension has also sold a second advanced AME system, the DragonFly IV®, to a leading Western Defense agency, an existing customer. Furthermore, the company has filed a patent application for INSU™ 200, a proprietary material.
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Nano Dimension Filed for 2nd Patent for a Unique Large Language Model (LLM)
Nano Dimension Ltd., a leading supplier of Additively Manufactured Electronics (AME) and multi-dimensional polymer, metal & ceramic Additive Manufacturing (AM) 3D printing solutions, has filed a U.S. patent application for a Large Language Model (LLM) that can operate independently of engineering labels. This technology is designed to predict manufacturing anomalies before they occur, based either solely on logs or in combination with other machine data. The patent is a significant development for Nano Dimension and its customers, as it lies at the core of scalable advanced industrial solutions.
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Nano Dimension Renews its Limited Duration Rights Plan
Nano Dimension Ltd., a leading supplier of Additively Manufactured Electronics (AME) and multi-dimensional polymer, metal & ceramic Additive Manufacturing (AM) 3D printing solutions, has announced that its Board of Directors has unanimously adopted a limited duration ADS holder rights plan. The Rights Plan is designed to protect the long-term interests of Nano Dimension and its ADS holders and enable them to realize the full potential value of their investment in the Company. The Rights Plan will encourage anyone seeking to gain a significant interest in Nano Dimension to negotiate directly with the Board prior to attempting to control or significantly influence the Company.
Investment
3 Under-the-Radar Tech Stocks for Stunning Returns in 2024
The article discusses three under-the-radar tech stocks that could provide stunning returns in 2024. These include Nano Dimension (NNDM), a company specializing in 3D printing of electronics, which reported a year-over-year revenue growth of 22% in the third quarter. Cerence (CRNC), a company that powers AI-driven interfaces for voice, touch, gesture, and gaze innovations for the automotive market, is also mentioned. Despite a 10% revenue decrease in fiscal year 2023, its net loss narrowed significantly by 82%. Lastly, Desktop Metal (DM), a company specializing in 3D printing technology in the metal sector, is expected to see its share soar an estimated 302.89%.
Investment
Shareholders in Nano Dimension (NASDAQ:NNDM) are in the red if they invested five years ago
Nano Dimension Ltd. has seen its share price drop by 82% over the past five years, with an 18% decrease in the last three months. Despite the companys revenue increasing by 57% per year over the last half decade, the share price has continued to fall. The CEOs remuneration is reportedly more modest than most CEOs at similarly capitalized companies. The companys performance has underperformed the broader market, which gained around 22% in the last year, while Nano Dimension shareholders lost 8.0%.
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7 Small-Cap Stocks to Best Position Your Portfolio for a Strong 2024
The article discusses the potential of seven small-cap stocks for 2024. These include Flywire, a payments firm with a global clientele, Guardant Health, a provider of blood-based tests, Academy Sports and Outdoors, a rapidly growing retail outlet, ACM Research, a provider of cleaning equipment for the semiconductor sector, MicroStrategy, a business intelligence firm with substantial Bitcoin holdings, Nano Dimension, a 3D printing company, and Xeris Biopharma, a biopharmaceutical company. The article highlights the companies recent financial performances and growth prospects.
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Nano Dimension Announces Record Fourth Quarter and Full Year 2023 Preliminary Results
Nano Dimension Ltd. has announced its preliminary financial results for Q4 and FY 2023, with revenues of $14.3M and $56.2M respectively, marking an increase from the previous year. The company also announced management changes and layoffs as part of its Reshaping Nano initiative aimed at driving profitability. The companys workforce was reduced by 25% worldwide, and the executive management group was also reduced by 25%. Tomer Pinchas, the Chief Operating Officer, has been appointed as the permanent CFO, succeeding Yael Sandler. Dotan Bar-Natan has joined the company in the newly created position of General Counsel.
Management ChangesLayoffs
Hidden Market Gems: 3 Small-Cap Stocks With Big Potential in 2024
The article discusses the potential of three small-cap stocks - Lemonade, Plug Power, and Nano Dimension - for investors seeking growth in 2024. Lemonade, an AI-driven insurance company, has seen significant revenue growth despite not yet reporting a profitable quarter. Plug Power, a producer of hydrogen fuel cell systems, has faced challenges with cash burn and missed revenue estimates, but has potential growth drivers in deals with companies like Amazon. Nano Dimension, operating in the 3D printing industry, has reported strong revenue growth and is focusing on cost-cutting and operational efficiency.
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Could Nano Dimension Stock Print New Millionaire Investors in 2024?
Nano Dimension, a 3D printing and additive manufacturing company, has seen a significant decline in its stock value since its 2016 IPO, including a 70% drop over the last three years. The company has been trying to acquire Stratasys, a pioneer in the 3D printing and AM space, but has faced resistance. Nano Dimension has renewed its bid in December 2023, offering $16.50 per share of Stratasys, for a market cap of about $1.1 billion to $1.2 billion. However, the future of Nano Dimension remains uncertain, with its stock price close to all-time lows and the potential acquisition of Stratasys posing financial challenges.
AcquisitionPublic Trading
Stratasys (SSYS) Gets Unsolicited Proposal From Nano Dimension
Stratasys has confirmed receiving an unsolicited takeover offer from Nano Dimension, the largest single shareholder of Stratasys. The offer price is $16.50 per share in cash, a 40% premium from the volume-weighted average Stratasys share price since Sep 28, 2023. Nano Dimension had previously acquired 12.12% of Stratasys’ outstanding shares and intends to buy the remaining stake. The acquisition will likely strengthen Nano Dimension’s 3D printing business, giving it access to Stratasys’ wide range of premium polymer-based 3D printing systems, material and consumables, fused deposition modeling and PolyJet AM machines portfolio.
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Why Is 3D Printing Solutions Provider Stratasys Stock Soaring Today?
Stratasys Ltd has received a preliminary acquisition proposal from Nano Dimension Ltd. Nano Dimension intends to buy all the remaining outstanding shares of Stratasys that it doesnt currently own for $16.50 per share in cash. This comes after Stratasys Board of Directors initiated a process to explore strategic alternatives for the company. The board will now review and consider Nano Dimensions unsolicited preliminary proposal. Notably, Stratasys had earlier rejected Nano Dimensions proposal, saying that it significantly undervalued the company.
Acquisition
Why Stratasys Stock Blasted 13% Higher Today
Stratasys, a 3D printing company, has received a preliminary buyout offer from specialty electronics company Nano Dimension. The offer, priced at $16.50 per share, is nearly 26% higher than Stratasys most recent closing stock price. The announcement comes less than three months after Stratasys launched a review of strategic alternatives for its future. However, Stratasys stated that this offer does not guarantee a deal will occur.
Acquisition
Nano Dimension Makes New $1.1 Billion Bid for Stratasys
Nano Dimension, an Israeli 3D printed electronics company, has reportedly made an offer to acquire fellow Israeli 3D printer manufacturer Stratasys in a cash deal valued at about $1.1 billion. The offer is for $16.50 per share, 25.9% above the current share price. Earlier in April, Nano Dimension had offered a reported $20 per share buyout. Nano Dimension had bought a 14% stake in Stratasys in the summer of 2022. Previously, Stratasys was considering a buyout offer from American 3D printer technology firm 3D Systems, but the deal fell through.
AcquisitionInvestment
Nano Dimension Announces Preliminary All Cash Proposal to Acquire Stratasys for $16.50 per share
Nano Dimension Ltd., a leading supplier of Additively Manufactured Electronics (AME) and multi-dimensional polymer, metal & ceramic Additive Manufacturing (AM) 3D printers, has submitted a preliminary all cash proposal to the Board of Directors of Stratasys Ltd. to purchase all the outstanding shares of Stratasys that it does not currently own for $16.50 per share in cash. Nano Dimension has not been approached by Stratasys or its representatives during Stratasys’ strategic alternatives assessment. Nano Dimension is willing to immediately enter customary transaction-related documentation required to complete confirmatory due diligence and seeks to do so in the immediate future.
AcquisitionInvestment
Nano-Technology Innovators: 3 Stocks to Watch
The article discusses the potential of nanotech stocks for growth investing, highlighting three companies: Applied Materials, Analog Devices, and Nano Dimension. Applied Materials is recognized for its innovative approach to molecular nanotechnology and its strong performance in the fiscal fourth quarter. Analog Devices, a titan in the semiconductor space, is noted for its financial strength and strategic focus. Nano Dimension, an Israeli business specializing in the creation of 3D-printed nanostructures, is pursuing a growth-by-acquisition strategy, including a $1.1 billion offer to acquire Stratasys.
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Nano Dimension Ltd. (NASDAQ:NNDM) Q3 2023 Earnings Call Transcript
Nano Dimension Ltd. reported its Q3 2023 earnings, marking the best third quarter and nine months in the companys history. The companys organic growth was 22% for the quarter and 33% for the nine months. The company also increased its gross profit by 200% compared to the same quarter last year. Despite these positive results, the company announced layoffs of 130 employees worldwide, most of them in Israel, as part of an initiative to move Nano Dimension to the next business model phase and reach profitability by the end of the next year.
CustomersManagement ChangesLayoffs
ננו-דיימנשן פיטרה כשליש מעובדיה בישראל - Techtime - חדשות אלקטרוניקה והייטק
Nano Dimension, an Israeli company, has laid off nearly a third of its employees in Israel, amounting to about 130 out of 530 employees worldwide. This is part of a cost-cutting measure that is expected to save the company around $30 million annually. Despite the layoffs, the company has plans for further cost reductions, potentially through merging facilities after acquiring additional companies. The company also revealed plans to buy back shares worth up to $200 million in the coming year. The companys CEO, Yoav Stern, stated that the company aims to reach profitability by the end of 2024.
Layoffs
Nano Dimension Announces Best Third Quarter, Nine Month Revenue and Gross Margin Results in the Company’s History
Nano Dimension Ltd. has announced its financial results for Q3 2023, showing a 22% organic growth for the quarter and a 28% growth for the first nine months of 2023. The companys revenue was $12.2 million for Q3 2023, up 22% compared to Q3 2022, and $41.9 million for the first nine months of 2023, up 33% compared to the same period in 2022. The companys CEO outlined additional actions to reshape the business and enhance future prospects. Despite macroeconomic uncertainty, the company has managed to secure new high-profile customer relationships and develop new products.
Customers
3 Nanotechnology Stocks With the Potential to Mint New Millionaires
The article discusses the potential of nanotechnology stocks, highlighting three companies: Applied Materials, Enphase Energy, and Nano Dimension. Applied Materials, a company that engineers, manufactures, and sells equipment for various industries, has a strong track record of earnings growth and is well positioned to benefit from the growing demand for nanotechnology products. Enphase Energy, a company that manufactures and sells microinverters, energy storage products, and software for the solar photovoltaic industry, has long-term growth potential driven by its leadership in microinverters and expansion into new products and markets. Nano Dimension, a company that develops and manufactures additive manufacturing systems to produce 3D-printed nanostructures, is pursuing a growth-by-acquisition strategy and has offered $1.1 billion to acquire Stratasys.
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The 3 Best 3D Printing Stocks to Print Profits in 2024
The article discusses the performance of three 3D printing companies: Stratasys, Nano Dimension, and Altair Engineering. Despite the volatility in the 3D printing sector, these companies have shown promising growth. Stratasys has a market capitalization of over $750 million and reported non-GAAP earnings per share of four cents in its recent third quarter. Nano Dimension reported a 33% year-over-year increase in revenue for the second quarter, reaching $14.74 million. Altair Engineering, with a market capitalization of $6 billion, reported third-quarter earnings per share of 14 cents, surpassing estimates by 10 cents.
Investment
Correction: Nano Dimension Announces Breakthrough in Materials Critical for Additively Manufactured Electronics
Nano Dimension Ltd., a leading supplier of Additively Manufactured Electronics (AME) and multi-dimensional polymer, metal & ceramic Additive Manufacturing (AM) 3D printing solutions, has announced the development of a new material, INSU200. This dielectric ink has industry-leading thermo-mechanical properties and complies with leading electronics industry standardization bodies. The material will be showcased at the Productronica Event in Munich, Germany, from November 14-17, 2023. The company plans to make the material available for customers in Q1 of 2024.
CustomersExpand
Nano Dimension Announces Breakthrough in Materials Critical for Additively Manufactured Electronics
Nano Dimension Ltd., a leading supplier of Additively Manufactured Electronics (AME) and multi-dimensional polymer, metal & ceramic Additive Manufacturing (AM) 3D printing solutions, has announced a breakthrough in the development of a material, INSU200, that is a critical enabler for the advancement of AME. The new material boasts industry-leading thermo-mechanical properties and aligns with a number of reliability standards set by IPC, the leading global association for the electronics industry, and the FED in Europe. The material will be showcased at the Productronica Conference in Munich, Germany on November 14-17 and will be available for customers in Q1 of 2024.
CustomersExpand
Nano Dimension to Release Third Quarter Financial Results on Tuesday, November 28th, 2023
Nano Dimension Ltd., a leading supplier of Additively Manufactured Electronics (AME) and multi-dimensional polymer, metal & ceramic Additive Manufacturing (AM) 3D printing solutions, has announced it will report its financial results for the third quarter ended September 30th, 2023, before the market opens on Tuesday, November 28th, 2023. The company will also hold a conference call at 9:00 am EST on the same day. Nano Dimension has served over 2,000 customers across various industries such as aerospace & defense, advanced automotive, high-tech industrial, specialty medical technology, R&D and academia.
Customers
Nano Dimension Updates Plans for Extraordinary General Meeting of Shareholders (“EGM”)
Nano Dimension Ltd., a leading supplier of Additively Manufactured Electronics (AME) and multi-dimensional polymer, metal & ceramic Additive Manufacturing (AM) 3D printing solutions, has cancelled its extraordinary shareholders general meeting (EGM) due to the ongoing war between Israel and Hamas. The company has chosen to focus its reduced financial and operational personnel on completing a strong quarter, which is projected to make 2023 the best year of the company. Despite the war, Nano Dimension remains confident in its outlook for fiscal 2023 and expects to deliver its strongest year yet in terms of organic growth.
CustomersManagement Changes
Southwest Gas Stock and More See Action From Activist Investors
The article provides a brief overview of the performance of various stock market indices, commodities, and currencies. The S&P 500, Dow 30, and Russell 2000 have seen a decrease, while the Nasdaq, Crude Oil, Gold, Silver, Bitcoin USD, and Nikkei 225 have seen an increase. The EUR/USD, 10-Yr Bond, GBP/USD, and USD/JPY have seen a mix of increase and decrease. The CMC Crypto 200 and FTSE 100 have seen a decrease.
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Here's Why Nano Dimension Stock Soared Today
Nano Dimension Receives Israeli Court Approval for Its $200 Million Repurchase Plan
Nano Dimension Announces Additional Governance Enhancements and Convening of an Extraordinary General Meeting of Shareholders
U.S. Army 4-Star General (Ret.) Michael X. Garrett Appointed to Nano Dimension’s Board of Directors
Nano Dimension Announces Strong Preliminary Q3/2023 Results
Nano Dimension Business Functions As Usual
Nano Dimension Ltd., a leading supplier of Additively Manufactured Electronics and multi-dimensional polymer, metal & ceramic Additive Manufacturing 3D printing solutions, has announced that its operations are running uninterrupted despite the ongoing war in Israel. The company has operations in Israel, the USA, Germany, Switzerland, UK, and the Netherlands, and approximately 30% of its customers are in defense sectors. The company has set up a Support Center in its Israeli facilities to address all aspects of the companys responsibilities to its employees, customers, and other stakeholders. The companys CEO, Yoav Stern, has reassured customers and employees that the company will continue to operate as normal.
Customers
We're Hopeful That Nano Dimension (NASDAQ:NNDM) Will Use Its Cash Wisely
Nano Dimension, a loss-making company, has been examined for its cash burn rate. As of June 2023, the company had cash reserves of $954m and a cash burn of $117m, giving it a cash runway of about 8.2 years. However, the companys cash burn has increased by 43% in the last year, which is a concern. On the positive side, its revenue has grown by 70%. The companys cash burn of $117m is about 18% of its $645m market capitalisation, suggesting it could raise more cash for growth without much trouble.
Investment
Nano Dimension Announces Its Participation in The ThinkEquity Conference on October 19th in New York City
Nano Dimension Ltd., a leading supplier of Additively Manufactured Electronics (AME) and multi-dimensional polymer, metal & ceramic Additive Manufacturing (AM) 3D printing solutions, announced its participation in The ThinkEquity Conference on October 19th, 2023. The companys leadership will discuss the companys growth and future prospects. The company reported exceptional growth with revenue for the first half of 2023 approaching approximately $60 million on an annual basis, compared to revenue for 2022 of $43.6 million. The company has served over 2,000 customers across various sectors.
InvestmentCustomers
Stratasys (SSYS) Terminates Desktop Metal Merger Agreement
Stratasys Limited has terminated its merger agreement with Desktop Metal after shareholders rejected the deal. The all-stock transaction was valued at approximately $1.8 billion. As a result, Stratasys will have to reimburse Desktop Metal up to $10 million in transaction-related expenses and may have to pay a $32.5 million breakup fee if it enters into a merger or acquisition deal over the next 12 months. Stratasys is now exploring alternatives to enhance shareholders’ wealth. Nano Dimension, one of the largest shareholders of Stratasys, had previously stated that it would vote against the merger deal with Desktop Metal. 3D Systems is still in the acquisition race for Stratasys.
PartnersAcquisition
Nano Dimension Announces Patent Filing for Large Language Model Analysis of Data Generated by Industrial Machines (“LogFiles”)
Nano Dimension Ltd, a leading supplier of Additively Manufactured Electronics (AME) and multi-dimensional polymer, metal & ceramic Additive Manufacturing (AM) 3D printing solutions, has filed a patent for Large Language Models for the Log File Analysis of Industrial Machines. The patent is critical for real-time data analysis and scalable deployment across the companys own systems as well as industrial solutions provided to outside customers. The patent brings capabilities similar to ChatGPT to analyzing extensive log streams. The data can be evaluated in real-time applying highly efficient and economical scalability.
CustomersPartners
Nano Dimension Re-affirms They Are Voting “AGAINST” Stratasys’ Value-Destructive Merger with Desktop Metal; Part of Growing Consensus Along with Large Shareholder, Donerail, and Proxy Advisor, ISS
Nano Dimension Ltd., a leading supplier of Additively Manufactured Electronics (AME) and 3D printers, has reaffirmed its opposition to the proposed merger between Stratasys Ltd. and Desktop Metal Inc. Nano Dimension, which is Stratasys largest shareholder, argues that the merger would be highly dilutive, sacrificing Stratasys profitability and financial flexibility. The company also criticizes Stratasys board for approving a deal to issue shares at less than half the price of a prior all-cash offer from Nano Dimension. The company urges fellow Stratasys shareholders to vote against the merger at the upcoming Extraordinary General Meeting of Shareholders.
Management Changes
Nano Dimension Resumes Its Share Repurchase Plan Immediately
Nano Dimension Ltd., a supplier of Additively Manufactured Electronics (AME) and multi-dimensional polymer, metal & ceramic Additive Manufacturing (AM) 3D printers, has received approval from the Israeli court to continue with its previously announced share repurchase plan. The plan was initially approved by the Israeli court in August 2022 and has now been extended until October 12, 2023. The repurchase plan authorizes the company’s management to repurchase American Depository Shares (ADSs) depending on market conditions, share price, trading volume and other factors.
Investment
Nano Dimension Enhances Board Governance Structure and Functionality
Nano Dimension Ltd., a leading supplier of Additively Manufactured Electronics (AME) and multi-dimensional polymer, metal & ceramic Additive Manufacturing (AM) 3D printers, announced that its Board of Directors has appointed Dr. Yoav Nissan-Cohen as Chairman of the Board. Yoav Stern will continue as the Company’s Chief Executive Officer and Director. Col. (Ret.) Channa Caspi announced that she will be stepping down from the Board due to personal medical circumstances. The company serves over 2,000 customers across vertical target markets such as aerospace & defense, advanced automotive, high-tech industrial, specialty medical technology, R&D and academia.
Management Changes
Nano Dimension to Vote “AGAINST” Stratasys’ Value-Destructive Merger with Desktop Metal; Urges Fellow Stratasys Shareholders to Join in Opposition
Nano Dimension Ltd., a leading supplier of Additively Manufactured Electronics (AME) and 3D printers, has announced its opposition to the proposed merger between Stratasys Ltd. and Desktop Metal Inc. Nano Dimension, which is Stratasys’ largest shareholder, believes the merger would be highly dilutive and result in significant value destruction. The company has urged fellow Stratasys shareholders to vote against the transaction at the company’s Extraordinary General Meeting of Shareholders to be held on September 28, 2023.
Management ChangesAcquisition
Nano Dimension Shareholders Re-Elect All Company Director Nominees at 2023 Annual Meeting
Nano Dimension Ltd., a leading supplier of Additively Manufactured Electronics (AME) and 3D printers, announced that its shareholders have voted to re-elect its director nominees - Dr. Yoav Nissan-Cohen, Col. (Ret.) Channa Caspi and Oded Gera - to the Company’s Board of Directors. The shareholders also rejected proposals by Murchinson Ltd. to remove other current directors. The company also announced that shareholders approved the reappointment of Somekh Chaikin, Certified Public Accountants, as the Company’s independent auditor until the next Annual Meeting.
Management Changes
Nano Dimension Announces Acting CFO
Nano Dimension Ltd., a leading supplier of Additively Manufactured Electronics and multi-dimensional polymer, metal & ceramic Additive Manufacturing 3D printers, has announced that its COO, Tomer Pinchas, will take on the additional role of CFO during the maternity leave of current CFO, Yael Sandler. Pinchas has served as Nano’s COO for the past year and has over 18 years of global experience in finance, M&A, and operations management. He has previously served as CFO at several multinational companies.
Management Changes
Final Reminder for Nano Dimension Shareholders to Vote FOR Its Highly Qualified Director Nominees
Nano Dimension Ltd. reminds shareholders of the final deadline to vote at the Companys 2023 Annual General Meeting. Shareholders must call their brokers immediately to ensure their votes are counted. The Annual Meeting will be held on September 7th. Nano Dimension is a leading supplier of Additively Manufactured Electronics and multi-dimensional polymer, metal & ceramic Additive Manufacturing 3D printers. The companys strategy is driven by the application of deep learning-based AI to improve manufacturing capabilities. Nano Dimension serves over 2,000 customers across various industries.
Customers
Nano Dimension Highlights Recommendations from Leading Independent Proxy Advisors – ISS and Glass Lewis – FOR Nano Nominees
Nano Dimension highlights proxy advisor ISSs comments about Murchinson Ltd. and their lack of a go-forward strategic plan and understanding of Nanos industry. Nano urges shareholders to protect their investment and vote for all of Nanos highly qualified nominees. Shareholders are encouraged to vote by August 30, 2023.
PartnersManagement Changes
Nano Dimension Reminds Shareholders to Protect Their Investment and VOTE TODAY FOR Its Highly Qualified Nominees
Nano Dimension Ltd. reminds shareholders to vote at the Companys 2023 Annual General Meeting. The Board recommends voting FOR all of Nanos nominees. The company has a clearly-defined growth strategy, including M&A and organic growth. Nano has delivered strong results, with over 1,000% revenue growth since 2020. The Board has a deep understanding of the business and brings the right mix of skills and experience. Murchinson Ltd. is attempting to replace Nanos Board members and gain access to its cash reserves. The Annual Meeting will be held on September 7th, 2023.
Management Changes
ISS Says Board and Management Team “Deserve Credit”
Leading Independent Proxy Advisory Firm Glass Lewis Recommends Shareholders Vote FOR Nano’s Nominees and AGAINST Murchinson Slate
Nano Dimension Ltd., a leading supplier of Additively Manufactured Electronics and multi-dimensional polymer, metal & ceramic Additive Manufacturing 3D printer, has received support from Glass, Lewis & Co., LLC, a leading independent proxy advisory firm, for its nominees for the upcoming Annual General Meeting of Shareholders. The firm has recommended that Nano Dimension shareholders vote for Nano Dimensions nominees and not support Murchinson Ltd.s nominees. Nano Dimension has been performing well under the leadership of CEO Yoav Stern and is executing a multi-pronged growth strategy. The company encourages shareholders to vote for its nominees to protect their investment.
Management Changes
Nano Dimension Resumes Its Share Repurchase Plan Immediately
Nano Dimension Ltd. has received approval from an Israeli court to continue with its share repurchase plan. The plan allows the company to repurchase American Depository Shares (ADSs) in open market transactions or privately negotiated transactions. The repurchases will be made in accordance with applicable U.S. securities laws and regulations. The Repurchase Plan does not obligate the company to repurchase any specific number of ADSs and may be suspended or terminated at any time at managements discretion.
Investment
Leading Independent Proxy Advisory Firm ISS Recommends: Nano’s Shareholders Vote FOR ALL Nano Dimension’s Nominees And TOTALLY AGAINST ALL Murchinson’s Slate
Nano Dimension Ltd. has received a positive recommendation from Institutional Shareholder Services Inc. (ISS), a leading independent proxy advisory firm, for its upcoming Annual General Meeting of Shareholders. ISS recommends that shareholders vote in favor of Nano Dimensions nominees and against the nominees put forth by Murchinson. Nano Dimension has made significant progress in transforming into a digital manufacturing leader and has shown strong performance under CEO Yoav Sterns tenure. The company has experienced steady top-line growth, expanded gross margins, and has a strong cash position. ISS states that the Murchinson nominees lack additive skills and a strategic plan. Nano Dimension urges shareholders to vote for its highly qualified nominees to protect their investment and the future of the company.
PartnersManagement Changes
ISS Continues to Support Need for Board Change at Nano Dimension – But Murchinson Does Not Believe Recommendation Goes Far Enough
Murchinson Ltd., the largest shareholder of Nano Dimension Ltd., has expressed its discontent with the companys governance structure and board independence. Murchinson has criticized Nano for manipulating the vote for its annual meeting and has called for immediate and significant change to prevent further value destruction. Murchinsons proposals for change will be voted on at Nanos Annual General Meeting of Shareholders scheduled for September 7, 2023. Murchinson has also criticized Nanos board for its casual attitude towards disenfranchising shareholders and for its failure to inspire confidence in its capital allocation track record.
Management Changes
Nano Dimension’s Dissident Shareholder Murchison Ltd.’s Owner, Marc Bistricer’s Case is Scheduled For Continued Hearing Processes During the Rest of 2023 Before Capital Markets Tribunal (the “Tribunal”) in Canada
Nano Dimension Ltd. announced that Marc Bistricer, owner of Murchison Ltd., is facing a hearing before the Capital Markets Tribunal in Toronto, Canada. The Ontario Securities Commission (OSC) staff has accused Bistricer and other market participants of engaging in an illegal and abusive short selling scheme that violated securities laws and was against the public interest. The OSC staff is seeking various orders from the Tribunal, including the termination of Bistricers registrations, a cease trading order, and a prohibition on acquiring securities permanently. The allegations state that Bistricer created and carried out the scheme, which involved non-disclosure and misrepresentation. The hearing is ongoing, and the allegations have not been proven yet.
Investment
The Stern-Led Board of Nano Dimension Continues its Desperate Campaign of Misinformation Scare Tactics
Murchinson Ltd., a significant shareholder of Nano Dimension Ltd., has issued a letter to shareholders calling for boardroom change. The letter highlights the decline in shareholder returns and the negative enterprise value of Nano Dimension under the current leadership. Murchinson proposes improving the companys failed corporate governance by removing all current directors and appointing new, experienced nominees. They urge shareholders to vote carefully and revisit their votes if necessary. Nano Dimension is a company incorporated in Israel and listed on NASDAQ.
Management Changes
Nano Dimension: Murchinson Strategic Plan...Take the Cash
Nano Dimension highlights Murchinson Ltd.s lack of knowledge and understanding about Nano Dimension. Shareholders are urged to protect their investment and vote for Nano Dimensions highly qualified nominees. Proxy materials from Murchinson should be discarded. Voting instructions must be followed, and votes must be received by August 31, 2023. Nano Dimensions vision is to transform electronics and mechanical manufacturing into environmentally friendly and economically efficient precision additive electronics and manufacturing. The company serves over 2,000 customers and offers additive electronics and additive manufacturing 3D printing machines and consumable materials.
CustomersPartners
Nano Dimension Ltd. (NASDAQ:NNDM) Q2 2023 Earnings Call Transcript
Nano Dimension Ltd. held its Q2 2023 earnings call, reporting excellent performance for the quarter. The companys organic growth over the last three and a half quarters is about 47%, with revenue for the first half of 2023 higher by 38% from 2022. The companys gross margins also increased dramatically. The company also announced a major advancement with DeepCube artificial intelligence, with several companies interested in purchasing the DeepCube deep learning machine. The company also announced a large order from a first-time customer in the aerospace industry. The company also discussed its recent acquisition of Additive Flow, although financial details were not disclosed.
CustomersAcquisitionInvestment
Nano Dimension: Another Stellar Q2/2023 and H1/2023 Results
Nano Dimension Ltd. reported significant financial growth for Q2 and H1 2023, with revenues up 33% and 38% respectively compared to the previous year. The company achieved a gross margin of 44% for both Q2 and H1 2023, up from 32% and 21% in the same periods of 2022. Despite a negative adjusted EBITDA, the company continues to invest heavily in R&D and marketing, aiming for long-term growth. Nano Dimension also announced the acquisition of Additive Flows technology. The company is facing a proxy battle with Murchinson Ltd., which could impact its strategic direction.
CustomersAcquisition
Nano Dimension Issues Presentation Highlighting the Significant Long-Term Value Creation Opportunity at Risk with Murchinson’s Self-Serving Campaign
Nano Dimension Ltd. has issued an investor presentation highlighting its strategy for long-term value creation and criticizing Murchinson Ltd.s lack of a strategic plan. Nano Dimension urges shareholders to vote for its highly qualified nominees and protect their investment. The companys current strategy has led to strong revenue growth and a go-to-market platform that addresses diversified end markets. Nano Dimensions disciplined capital allocation and strong balance sheet position it as a consolidator in the market. On the other hand, Murchinson intends to liquidate the company to gain access to its cash reserves. Nano Dimension emphasizes that its board provides independent oversight and is committed to the highest standards of governance.
Management Changes
Nano Dimension Invites Retail Shareholders to a General Q&A Session via SAY Technologies Platform
Nano Dimension Ltd. announces the launch of a new investor engagement platform, SAY Technologies, where retail shareholders can submit and upvote questions for a general Q&A session with the companys management. The platform allows investors to directly engage with Nano Dimension and ask questions on topics such as corporate strategy, future value creation, M&A, innovation, and technology development. The leadership team will provide written answers to selected questions from registered retail shareholders. Nano Dimension is a leading supplier of Additively Manufactured Electronics (AME) and multi-dimensional polymer, metal & ceramic Additive Manufacturing (AM) 3D printers. The company serves over 2,000 customers across various industries and aims to transform electronics and mechanical manufacturing into environmentally friendly and economically efficient precision additive electronics and manufacturing.
CustomersPartners
Murchinson Issues Presentation Detailing the Urgent Need for Wholesale Boardroom Change at Nano Dimension
Murchinson Ltd., a significant shareholder of Nano Dimension Ltd., has issued a presentation calling for boardroom change at Nano Dimension. Murchinson proposes the removal of all members of the Board of Directors and the election of three new independent director candidates. They also suggest amending the Companys Articles of Association to improve governance. Murchinson believes that the current board has caused value destruction and is not being held accountable. They urge shareholders to support their proposals at the upcoming Annual General Meeting. Nano Dimension has suffered losses under the leadership of CEO Yoav Stern, who became Chairman. Murchinsons nominees aim to bring capital allocation, operational, and governance expertise to the boardroom.
Management Changes
Nano Dimension’s Chairman and CEO Issues Video Message About the Upcoming AGM Vote and Reveals the Actual Alternatives
Nano Dimension Ltd., a leading supplier of Additively Manufactured Electronics and multi-dimensional polymer, metal & ceramic Additive Manufacturing 3D printers, released a video in which the Chairman and CEO, Yoav Stern, outlines the companys strategy and future ahead of the Annual General Meeting (AGM) vote. The company urges shareholders to protect their investment and vote for all of Nano Dimensions highly qualified nominees. The AGM will be held on September 7th, 2023. The video also mentions the alternatives with the Murchinson Ltd. backed slate. Nano Dimension serves over 2,000 customers across various industries and offers rapid prototyping and high-mix-low-volume production capabilities.
CustomersPartners
Nano Dimension Sends Letter to Shareholders and Releases Video
Nano Dimension Ltd., a leading supplier of Additively Manufactured Electronics (AME) and multi-dimensional polymer, metal & ceramic Additive Manufacturing (AM) 3D printers, is urging shareholders to vote for its board nominees in the upcoming 2023 Annual General Meeting. The company warns that if even one of Murchinson Ltd.s nominees is elected, Nanos CEO plans to resign, and senior management may follow suit. Nano accuses Murchinson of attempting to derail the companys progress and liquidate its cash assets. The company highlights its strong performance, with revenue tripling from 2020 to 2021 and growing more than 12x between 2020 and 2022.
Management ChangesCustomersInvestment
Nano Dimension Received Its Largest Single Purchase Order in History in Dollar Terms and Number of Systems
Nano Dimension Ltd. has received its largest single purchase order in terms of dollar value and number of systems. The order for digital manufacturing additive robotics solutions was from a leading Western Highly Advanced Industrial Leader. The customers work requires advanced electronics securely available in reliable, short order. Nano Dimensions technologies are essential for customers with forward-looking visions. The company serves over 2,000 customers across various industries and offers additive electronics and additive manufacturing 3D printing machines and consumable materials.
CustomersPartners
Nano Dimension Acquires Additive Flow Technology to Drive Software Excellence in 3D Design Simulation and Optimization
Nano Dimension Ltd. is acquiring the technology and intellectual property of Additive Flow, a U.K.-based company that supplies solutions for 3D design simulation and optimization. This acquisition will enhance Nano Dimensions product offerings and allow its customers to replicate, design, and augment electronic components in a rapid and cost-effective manner. The core technology of Additive Flow will be integrated into Nano Dimensions proprietary design package suite, FLIGHT. The CEO and CTO of Additive Flow expressed excitement about joining Nano Dimension and leveraging their innovation. The CTO of Nano Dimension stated that the acquisition will strengthen their digital manufacturing solutions. Nano Dimension is a leading supplier of Additively Manufactured Electronics and multi-dimensional polymer, metal & ceramic Additive Manufacturing 3D printers.
Partners
Nano Dimension’s Board of Directors Emphasizes Shareholders’ Stark Choice Posed by Murchinson’s Self-Serving Campaign
Nano Dimension Ltd., a leading supplier of Additively Manufactured Electronics (AME) and multi-dimensional polymer, metal & ceramic Additive Manufacturing (AM) 3D printers, has released a statement regarding Murchinson Ltd.s attempt to seize control of Nanos Board of Directors. The companys CEO, Yoav Stern, has announced his intention to resign from his board positions and as CEO if any of Murchinsons nominees are elected to the board. The company warns that Murchinsons actions place shareholders investments at risk, as they believe Murchinsons goal is to liquidate the company for their own profit.
Management Changes
Nano Dimension: Murchinson Could Not Find Board Nominees to Join Them
Nano Dimension Ltd., a supplier of Additively Manufactured Electronics (AME) and 3D printers, has criticized Murchinson Ltd. for paying its director nominees $50,000 each to stand for election to Nanos Board of Directors. Nano claims that this makes the nominees beholden to Murchinson and they cannot be considered independent. One of the nominees is Ofir Baharav, Nanos former chairman, who left the company in 2021. Nano alleges that Baharavs leadership led to a decrease in the companys share price and a failed attempt to find a buyer for the company. Nano urges shareholders to vote for its own nominees at the upcoming Annual General Meeting.
Management Changes
Nano Dimension Sends Letter to Shareholders
Nano Dimension Ltd., a leading supplier of Additively Manufactured Electronics (AME) and multi-dimensional polymer, metal & ceramic Additive Manufacturing (AM) 3D printers, has sent a letter to shareholders ahead of the companys 2023 Annual General Meeting. The letter highlights the strength of the directors on Nano’s Board of Directors, all of whom are critical to the Company’s success. The letter also underscores Murchinson’s self-interested campaign to elevate its profile and gain access to the Company’s significant cash reserves at the expense of other shareholders. Nano urges shareholders to vote for all 9 of Nano’s highly qualified nominees.
Management ChangesInvestment
Nano Dimension Initiated a $227.5 Million Share Repurchase Plan
Nano Dimension Ltd., a leading supplier of Additively Manufactured Electronics (AME) and multi-dimensional polymer, metal & ceramic Additive Manufacturing (AM) 3D printers, has announced that its board of directors has authorized a share repurchase plan. The plan allows 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, and are subject to the approval of the Israeli court.
Investment
Why Nano Dimension Stock Zoomed 7% Higher on Monday
On August 7, 2023, Nano Dimensions stock price increased by 7% following the announcement of a new share repurchase program. Investors generally view such initiatives positively as they tend to support the stocks price.
Public Trading
Nano Dimension Successfully Implements SAP – a Key Enabler of Driving Operational Efficiency and Streamlining Business Processes
Nano Dimension Ltd., a leading supplier of Additively Manufactured Electronics (AME) and multi-dimensional polymer, metal & ceramic Additive Manufacturing (AM) 3D printers, has successfully implemented SAP as its new Cloud Enterprise Resource Planning (ERP) system. This implementation is expected to enhance operational efficiency, improve data integration and reporting, enhance customer experience, and provide scalability for future business needs. The decision to implement SAP reflects Nano Dimensions commitment to leveraging cutting-edge technology to optimize its business operations and provide superior service to its customers.
CustomersPartners
Murchinson Takes Action to Replace Board of Directors of Nano Dimension at Upcoming Annual General Meeting
Murchinson Ltd., a significant shareholder of Nano Dimension Ltd., has submitted proposals for the upcoming Annual General Meeting of Shareholders scheduled for September 7, 2023. The proposals aim to overhaul the company’s corporate governance, which Murchinson believes is the only way to improve Nano Dimension’s negative enterprise value and poor financial performance. The proposals call for the replacement of all members of the Board of Directors and the appointment of five new independent and experienced director nominees. Murchinson has criticized the current board for ignoring the will of shareholders and wasting shareholder capital.
Management Changes
Nano Dimension Announces Expiration of Special Partial Tender Offer for Ordinary Shares of Stratasys; Offer Condition Was Not Satisfied
Nano Dimension Ltd., a leading supplier of Additively Manufactured Electronics (AME) and multi-dimensional polymer, metal & ceramic Additive Manufacturing (AM) 3D printers, has announced the expiration of its special partial tender offer to purchase between 31.9% and 36.9% of the outstanding ordinary shares of Stratasys for $25.00 per share. The offer expired on July 31st, 2023, and Nano has determined not to accept any of the tendered shares. Nano has withdrawn its director nominees for the Stratasys Board of Directors and intends to review its investment in Stratasys, including a possible sale of its existing 14.1% holdings in the open market, and pursue alternative M&A opportunities.
InvestmentManagement Changes
Nano Dimension (NASDAQ:NNDM) shareholders have endured a 86% loss from investing in the stock five years ago
Nano Dimension Ltd. has seen its share price rise by 24% in a single quarter, but this does not offset the 86% decline over the past five years. The company is not currently profitable, but its revenue has increased by 58% per year over the last half decade, a rate well above most other pre-profit companies. Despite this, the share price has fallen by 13% over this period. The CEO is paid less than the median at similar sized companies. The companys shareholders lost 5.8% in the last year, while the broader market gained around 12%.
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The 3 Best 3D Printing Stocks to Buy Now: July 2023
The article discusses the performance of three 3D printing stocks - Nano Dimension, FARO Technologies, and Ansys. Nano Dimension, an Israel-based company, has seen a 40% increase in its stock following strong Q1 results. FARO Technologies, however, has seen a 45% decrease in its stock this year due to cost increases affecting its gross margin. Ansys, a provider of engineering simulation and 3D design software, has seen a 20% increase in revenue and a 42% increase in net income year over year. The 3D printing market is expected to grow at a compound annual growth rate of 23.3% through 2030.
Investment
Best Beaten-Down Growth Stock to Buy: Nano Dimension vs. Invitae
Fool.com contributor Parkev Tatevosian is comparing Nano Dimension and Invitae across critical financial variables, including valuation, to determine which stock is a better buy at the moment. No definitive conclusion or recommendation is provided in the given text.
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Nano Dimension Intends to Discontinue its Stratasys Special Tender Offer and Withdraw Director Nominees for Stratasys Board
Nano Dimension Ltd. has announced that it will cease its efforts to acquire Stratasys Ltd. through a $25 per share all-cash special tender offer. The decision comes after Stratasys board refused to redeem a poison pill, a defensive measure used to prevent hostile takeovers. Nano Dimension does not expect the conditions of the special tender offer to be met and does not intend to extend the offer period. The company will now proceed with alternative M&A plans and may consider selling its existing 14.1% holdings in Stratasys.
PartnersAcquisition
Nano Dimension to Release Q2/2023 Results on August 21st
Nano Dimension Ltd., a leading supplier of Additively Manufactured Electronics (AME) and multi-dimensional polymer, metal & ceramic Additive Manufacturing (AM) 3D printers, announced that it will release its financial results for the second quarter of 2023 before the Nasdaq market opens on Monday, August 21st, 2023. The companys management will host a conference call to discuss the financial results. Nano Dimension serves over 2,000 customers across various industries such as aerospace & defense, advanced automotive, high-tech industrial, specialty medical technology, R&D and academia.
Nano Dimension Issues Presentation Highlighting the Need to Replace the Stratasys Board and Detailing Nano’s Value-Driven Path Forward for Stratasys
Nano Dimension Ltd. has issued a detailed investor presentation urging Stratasys Ltd. shareholders to vote for the nominees proposed by Nano Dimension at Stratasys’ Annual General Meeting to be held on August 8th, 2023. Nano Dimension believes that the current Stratasys Board of Directors has failed its shareholders through value destructive actions and self-interest. Nano Dimensions nominees are committed to an open, unbiased strategic review and immediate action for a sound process in the interest of all shareholders. The company also emphasizes the need for sector consolidation with a focus on profitability.
Management Changes
Nano Dimension Sets the Record Straight for Stratasys Shareholders
Nano Dimension Ltd., a leading supplier of Additively Manufactured Electronics (AME) and 3D printers, is urging Stratasys shareholders to vote for Nanos director nominees at the upcoming Stratasys Annual General Meeting on August 8th, 2023. Nano Dimension, which owns approximately 14.1% of Stratasys, is offering a $25 per share, all-cash special tender offer to Stratasys shareholders. The company has also declared its intention to buy the rest of Stratasys shares or pursue a negotiated combination of Stratasys with 3D Systems, Inc. or other candidates for industry consolidation.
AcquisitionManagement Changes
Down 97%, Is Nano Dimension Stock a Buy?
The article discusses the stock performance of Nano Dimension (NASDAQ: NNDM), which has seen a significant drop of 97%. The author, Parkev Tatevosian, is evaluating the companys prospects to determine if its a good buy for long-term investors. The stock prices used for this evaluation were those of July 22, 2023.
Public Trading
4 big deal reports: Stratasys finally agrees to talks with 3D Systems, spurns Nano
Stratasys has agreed to merger discussions with 3D Systems after rejecting Nano Dimensions offer. VMwares acquisition by Broadcom received provisional clearance from the UKs Competition and Markets Authority. Dell has signed a definitive agreement to acquire Moogsoft, an AI-driven intelligent monitoring solutions provider. KKR, a global investment firm, will acquire Chase, a global manufacturer of protective materials, for $1.3B. The deal includes the assumption of debt and will see KKR purchase all outstanding shares of Chase common stock at a price of $127.50 per share in cash.
AcquisitionPartners
Nano Dimension Expands on Intentions Regarding Stratasys Board Changes
Nano Dimension Ltd., a leading supplier of Additively Manufactured Electronics (AME) and multi-dimensional polymer, metal & ceramic Additive Manufacturing (AM) 3D printers, has nominated seven highly qualified directors for the Stratasys Board of Directors. Nano Dimension, which owns approximately 14.1% of Stratasys, is acting with urgency to initiate the replacement of Stratasys’ directors in the interest of all shareholders. The company urges Stratasys shareholders to vote for the nominees proposed by Nano Dimension at Stratasys’ Annual General Meeting to be held on August 8th, 2023.
Management Changes
Nano Dimension Files Complaint in NY Supreme Court - The Court Directed Defendants Bistricer’s Murchinson & Kassam’s Anson to Explain Why Nano’s Request For a Preliminary Injunction Should Not be Granted
Nano Dimension Ltd., a leading supplier of Additively Manufactured Electronics (AME) and 3D printers, is pursuing claims against Murchinson Ltd., Anson Advisors, Inc., Boothbay Fund Management, LLC and their affiliates. The company alleges that the defendants conspired to secretly acquire an interest in Nano and attempt to take control of the company and dissipate its assets, in breach of the contract and in violation of New York law. Nano is seeking compensatory and punitive damages in excess of $10,000,000 and other remedies. The case is set for argument on July 28th, 2023.
Customers
Nano Dimension Exposes Another Misleading News Release that Stratasys Board Distributes Unabashedly, Deceiving Shareholders and Public Quoting a Respectable Judge in a Totally Out-of-Context and Misguided Manner
Nano Dimension Ltd., a leading supplier of Additively Manufactured Electronics (AME) and multi-dimensional polymer, metal & ceramic Additive Manufacturing (AM) 3D printers, has issued a statement criticizing the board of directors of Stratasys, of which it owns approximately 14.1%. The company accuses Stratasyss board of misleading shareholders and the public, and urges shareholders to vote against them. Nano Dimension also mentions its special tender offer for Stratasys shares. The companys strategy is driven by the application of deep learning-based AI to drive improvements in manufacturing capabilities.
AcquisitionManagement Changes
Nano Dimension Increases Its Proposed Price to $25.00 per Share in Cash in its Special Tender Offer Price for Stratasys Shares
Nano Dimension Ltd. has increased its special tender offer price to $25.00 per share from $24.00, to purchase between 31.9% and 36.9% of the outstanding ordinary shares of Stratasys Ltd. The offer period has been extended to July 31st, 2023. The successful completion of the special tender offer would increase Nano Dimension’s beneficial ownership of Stratasys to between 46% and 51% of the outstanding ordinary shares. Nano Dimension also plans to explore strategic industry consolidation, including a potential combination of Stratasys with 3D Systems.
InvestmentAcquisition
Nano Dimension Reminds Stratasys Shareholders of the Performance of Directors Who are on Stratasys Board for 12-15 years On Average VOTE AGAINST THEM!
Nano Dimension Ltd., a leading supplier of Additively Manufactured Electronics (AME) and multi-dimensional polymer, metal & ceramic Additive Manufacturing (AM) 3D printers, is encouraging Stratasys shareholders to replace their current board with Nano Dimensions director nominees at the upcoming Stratasys Annual General Meeting on August 8th, 2023. Nano Dimension, which owns approximately 14.1% of Stratasys outstanding ordinary shares, criticizes the Stratasys board for poor performance, questionable reputations, and non-shareholder friendly practices. Nano Dimensions proposed board members include experienced CEOs, ex-founders of successful high-tech companies, and ex-members of KPMG and PWC.
Management ChangesAcquisition
Nano Dimension Receives Hart-Scott-Rodino (“HSR”) Clearance for the Stratasys Special Tender Offer
Nano Dimension Ltd., a leading supplier of Additively Manufactured Electronics (AME) and multi-dimensional polymer, metal & ceramic Additive Manufacturing (AM) 3D printers, announced that the waiting period under the Department of Justices Hart-Scott-Rodino Antitrust Improvements Act of 1976 has expired in connection with its special tender offer for Stratasys Ltd. This means no further regulatory review by U.S. antitrust authorities is required in connection with the special tender. The company looks forward to completing its tender offer and bringing customers the benefits of the companies’ combined offering.
Acquisition
Nano Dimension Encourages Stratasys Shareholders to Replace Entrenched Board and Highlights Problematic Track Records of Stratasys Directors
Nano Dimension Ltd., a leading supplier of Additively Manufactured Electronics (AME) and 3D printers, is encouraging shareholders of Stratasys Ltd. to replace their current board with Nano Dimensions director nominees at the upcoming annual general meeting on August 8th, 2023. Nano Dimension, which owns approximately 14.1% of Stratasys outstanding ordinary shares, criticizes the current board for neglecting their fiduciary duties, pursuing value-destroying transactions, and having questionable reputations. The company is proposing seven highly qualified nominees who are committed to maximizing shareholder value.
Management ChangesAcquisition
Nano Dimension’ Dissident Shareholder Murchison Ltd.’s Owner, Marc Bistricer’s Case is Scheduled For Continued Hearing Processes During the Rest of 2023 Before Capital Markets Tribunal (the “Tribunal”) in Canada
Nano Dimension Ltd., a leading supplier of Additively Manufactured Electronics (AME) and multi-dimensional polymer, metal & ceramic Additive Manufacturing (AM) 3D printers, announced that Marc Yuda Bistricer, owner of Murchinson Ltd., stood for a hearing before Capital Markets Tribunal in Toronto, Ontario, Canada. The Ontario Securities Commission (OSC) staff has made serious allegations that Mr. Bistricer, who used a private holding company, Saline Investments Ltd., part owner of Murchinson, and other market participants are accountable for an illegal and abusive short selling scheme that violated Ontario securities law and was contrary to the public interest.
Management Changes
U.S. District Court Dismisses Frivolous Lawsuit Filed by Nano Dimension Against Murchinson and Other Shareholders
Murchinson Ltd., a significant shareholder of Nano Dimension Ltd., announced that the U.S. District Court for the Southern District of New York dismissed the Section 13(d) claims filed by Nano Dimension against Murchinson and certain other Nano Dimension shareholders with prejudice. Murchinson views this as a win for shareholders and a step in the right direction. Despite the courts decision, Nano Dimension continues to try to preserve the status quo of underperformance and poor corporate governance under the leadership of Chairman Yoav Stern. Murchinson is committed to holding Mr. Stern and the incumbent directors accountable for attempting to silence shareholders.
Management Changes
Nano Dimension Discloses Some of the Landmark Q2/2023 Sales of Its 3D Additive Manufacturing Printers and Additive Electronics’ Robotics Systems
Nano Dimension Ltd., a leading supplier of Additively Manufactured Electronics (AME) and multi-dimensional polymer, metal & ceramic Additive Manufacturing (AM) 3D printers, announced a series of landmark sales in Q2/2023. The sales, which are material in size and customer profiles, contributed to the companys $14.8 million in sales for the quarter. The initial sales, totaling over $4 million in revenue, include some recurring revenues and are to businesses and organizations that are leaders in their respective fields. The products sold are from across Nano Dimension’s product lines, with a notable portion being the DragonFly® IV System for AME and a range of Additive Electronics robotics systems.
CustomersRevenue
Nano Dimension Sets the Record Straight on NY Federal Court Ruling and Corrects the Misleading Information, as Published by Bistricer’s Murchinson Yesterday
Nano Dimension Ltd., a supplier of Additively Manufactured Electronics (AME) and 3D printers, has outlined the context of a recent court decision. The U.S. District Court for the Southern District of New York dismissed a case filed by Nano against Murchison Ltd. and Anson Advisors Inc. for failing to make required securities disclosures. The court found that Nanos suit had achieved its goals as the defendants had amended their disclosures. The ruling allows Nano to pursue its claims in New York State court, which it intends to do. Nano alleges that Murchison and Anson breached the depositary agreement and staged an illegal shareholder meeting.
CustomersManagement Changes
Nano Dimension Increases Special Tender Offer Price for Stratasys Shares to $24.00 per Share in Cash
Nano Dimension Ltd. has increased its special tender offer price from $20.05 to $24.00 per share to purchase between 31.9% and 36.9% of the outstanding ordinary shares of Stratasys Ltd. The increased price represents a premium to all relevant Stratasys historical trading levels. Nano Dimension opposes Stratasys’ proposed combination with Desktop Metal, Inc. and has nominated 7 directors for election to the Stratasys Board of Directors at Stratasys’ Annual General Meeting to be held on August 8th, 2023. The tender offer expiration date remains unchanged at 5:00 p.m., New York Time, on July 24th, 2023.
AcquisitionManagement Changes
Best Under-the-Radar Stocks: 3 That AI Predicts Will Soar in July
Googles Bard AI has predicted three under-the-radar stocks that it believes will soar in July 2023. The first is Nano Dimension, a 3D printing company developing advanced printed electronics. The second is Digital Turbine, a mobile advertising company that helps app developers and publishers reach their target audiences. The third is Seagen, a biotechnology company that develops and commercializes cancer-fighting drugs. However, the author of the article advises caution and recommends doing due diligence before investing.
Investment
Nano Dimension Ltd. (NASDAQ:NNDM) Q1 2023 Earnings Call Transcript
Nano Dimension Ltd. reported its Q1 2023 earnings, highlighting a record $15 million in quarterly revenue, a 43% year-over-year growth in revenue, and an increase in gross profit of over 550%. The company also noted a 50% organic growth, attributing it to internally generated technologies and breakthroughs. The company sold to NASA, 10 defense contractors, Fraunhofer Institute, and Western government defense agencies. The company also mentioned its ongoing acquisition of Stratasys.
CustomersInvestmentAcquisitionManagement Changes
Nano Dimension Announces Record Q1/2023 Results Revenue of $14.97 Million, 43% YoY Growth
Nano Dimension Ltd. has reported its best quarter in the companys history, with a 50% organic revenue growth since Q3/2022. The companys gross margins increased to 44% (Adjusted: 47%). The company also plans to continue its share buy-back program. The company reported consolidated record revenues of $14.97 million for Q1/2023, a 43% increase over Q1/2022 and a 24% increase over Q4/2022. The company also announced the fast adoption of its Deep Learning/AI technology, developed by its DeepCube division.
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Why Nano Dimension Stock Rocketed Almost 15% Higher Today
Nano Dimensions stock rose almost 15% following the release of its first-quarter results. Investors were pleased with the companys performance and also with its plan to resume its share buyback program.
Investment
Why Stratasys Stock Popped Again Today
Stratasys stock is up 8% as 3D Systems raises its bid for the company.
Acquisition
Stratasys to Review Revised Unsolicited Partial Tender Offer from Nano Dimension
Nano Dimension Increases Special Tender Offer Price for Stratasys Shares to $20.05 per Share In Cash
Nano Dimension Ltd. has extended its special tender offer to Stratasys shareholders, increasing the offer price from $18.00 to $20.05 per share in cash. The offer period has been extended until July 24th, 2023. Nano Dimension aims to increase its beneficial ownership of Stratasys to between 46% and 51% of the outstanding ordinary shares. Nano Dimension also reiterated its record preliminary quarterly results for Q1/2023, reporting a 43% YoY revenue growth and a 22% YoY gross margin growth. The final results may vary from the preliminary estimates. The special tender offer provides Stratasys shareholders with a near-term cash option at a premium value.
InvestmentAcquisition
Nano Dimension Announces Sale to the University of Stuttgart Additively Manufactured Electronics (AME) DragonFly® IV System to be Used In Development of Quantum Sensors
Nano Dimension has sold its DragonFly IV system to the University of Stuttgart. The Universitys Institute of Smart Sensors and 3rd Institute of Physics will use the 3D printer for the design and integration of next-generation quantum devices as part of the Cluster4Future QSens program. The DragonFly IV enables the deposition of conductive and dielectric substances, as well as the integration of capacitors, antennas, coils, transformers, and electromechanical components. This technology will revolutionize society with applications ranging from smart prostheses to autonomous driving. Nano Dimension is excited to support the University of Stuttgarts work on quantum technology and sees this sale as a validation of the value of its Additively Manufactured Electronics (AME) system.
PartnersCustomers
Nano Dimension Highlights Leadership Strength and Record of Driving Value Creation for Shareholders
Nano Dimension Ltd., a leading supplier of Additively Manufactured Electronics (AME) and multi-dimensional polymer, metal & ceramic Additive Manufacturing (AM) 3D printers, has announced its plans to increase its beneficial ownership of Stratasys Ltd. to between 53% and 55% of the outstanding ordinary shares of Stratasys. The companys leadership team, which includes eight former CEOs and founders, is confident that its strong growth strategy will deliver long-term value to Stratasys shareholders. Nano Dimension has successfully integrated 6 companies in 18 months and harnessed M&A synergies to drive value and growth in revenue, gross margins, and profits.
AcquisitionInvestmentManagement Changes
Nano Dimension Announces Q1/2023 Conference Call to Discuss Record Results
Nano Dimension Ltd. will release its financial results for the first quarter of 2023 and hold its 2023 Annual Meeting of Stockholders. The company also plans to release financial results for the second quarter of 2023. Nano Dimension is a leading supplier of Additively Manufactured Electronics and multi-dimensional polymer, metal & ceramic Additive Manufacturing 3D printers. The company serves over 2,000 customers across various industries and offers rapid prototyping, high-mix-low-volume production, and design-for-manufacturing capabilities.
Public Trading
Nano Dimension Chairman & CEO Issues Video Message to Stratasys Shareholders To Highlight Benefits of Its $18 Per Share All-Cash Special Tender Offer
Nano Dimension Ltd. has released a video in which the Chairman and CEO, Yoav Stern, highlights the advantages of its special tender offer over Stratasys merger with Desktop Metal and the unsolicited proposal from 3D Systems. Nano Dimensions offer provides certainty of cash and delivers certain, near-term premium and all-cash value to Stratasys shareholders. The company has the financial capacity to complete the special tender offer and has a clear vision to establish a market leader in Additive Manufacturing. Nano Dimension is demanding a change in leadership at Stratasys to prevent further value destruction. The special tender offer will expire on June 26, 2023.
Management Changes
Nano Dimension Reaffirms $18 Per Share All-Cash Tender Offer for Stratasys Shareholders to Receive Near-Term Value by Tendering Their Shares
Nano Dimension, the largest shareholder of Stratasys, is seeking to replace seven directors on the Stratasys Board. Nano Dimension is offering a special tender offer of $18.00 per share to provide immediate cash value to Stratasys shareholders. Nano Dimension believes that the current Board of Directors is not fulfilling its fiduciary duties and is not acting in the best interests of shareholders. Nano Dimension has approximately $1 billion in cash and cash equivalents to complete the special tender offer. Stratasys shareholders have until June 26, 2023, to tender their shares. Nano Dimension is urging for urgent change at Stratasys and aims to optimize the business and drive long-term value.
Management Changes
Best Under-the-Radar Stocks: 3 That AI Predicts Will Soar in June
The article discusses three under-the-radar stocks that are predicted to soar in June according to ChatGPT, an AI-based chatbot. One of the stocks mentioned is Nano Dimension, a 3D printing company specializing in advanced printed electronics. The article highlights the potential benefits of Nano Dimension from the growing demand for electronic components. The impact on the company is growth-positive. Another stock mentioned is Fiverr, an online marketplace connecting freelancers with businesses. The article emphasizes the potential growth of Fiverr due to the increasing trend of remote work and the gig economy. The impact on the company is growth-positive. The third stock mentioned is Palantir Technologies, a software company specializing in data analytics and AI. The article mentions Palantirs potential growth from significant contracts with government agencies and large corporations. The impact on the company is growth-positive. The article was published on an unspecified date.
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Nano Dimension Highlights Advantages of Its $18.00 Cash Per Share Special Tender Offer for Stratasys vs. Other Alternatives
Nano Dimension Ltd. has made an all-cash offer to acquire between 38.8% and 40.8% of the outstanding ordinary shares of Stratasys for $18.00 per share in cash. The successful completion of the special tender offer would increase Nano Dimension’s beneficial ownership of Stratasys to between 53% and 55% of the outstanding ordinary shares of Stratasys. The offer is positioned as a superior alternative to Stratasys’ merger with Desktop Metal Inc. and the unsolicited proposal from 3D Systems Corp. The tender offer will expire at 11:59 p.m. EDT on Monday, June 26, 2023.
AcquisitionInvestment
Is Stratasys' Deal for Desktop Metal Bad News for Investors?
Why Stratasys, 3D Systems, and Desktop Metal Stocks All Popped Today
UPDATE 3-Stratasys receives $1.21 bln unsolicited buyout proposal from 3D Systems
Stratasys Ltd has received an unsolicited buyout proposal from rival 3D Systems Corp, valuing the company at about $1.21 billion. The proposal could trigger a bidding war as Stratasys has rejected multiple takeover offers from shareholder Nano Dimension Ltd. Stratasys is also looking to merge with Desktop Metal Inc in a $1.8 billion stock deal. 3D Systems has proposed to acquire Stratasys for $7.50 in cash and 1.2507 of its newly issued stock for each share of the target company. Stratasys will review the proposal while still expecting the Desktop Metal deal to close in the fourth quarter of this year.
Acquisition
UPDATE -- Nano Dimension’s Conference Call: Special Tender Offer to Increase Ownership in Stratasys
Nano Dimension Ltd. will host a conference call to discuss its special tender offer to increase its ownership in Stratasys Ltd. and the issues with the Stratasys-Desktop Metal deal. The special tender offer is to purchase between 38.8% and 40.8% of Stratasys outstanding ordinary shares for $18.00 per share in cash. Nano Dimension currently owns approximately 14.2% of Stratasys outstanding ordinary shares. The company will also address the alternative deal between Stratasys and Desktop Metal, highlighting the problems from a shareholders perspective. The conference call will provide more information on both offers. Nano Dimension is a leading supplier of Additively Manufactured Electronics and multi-dimensional polymer, metal & ceramic Additive Manufacturing 3D printers.
AcquisitionPartners
Nano Dimension’s Conference Call: Special Tender Offer to Increase Ownership in Stratasys
Nano Dimension Ltd. will host a conference call to discuss its special tender offer to increase its ownership in Stratasys Ltd., as well as the issues with Stratasys proposed deal with Desktop Metal. The special tender offer aims to purchase between 38.8% and 40.8% of Stratasys outstanding ordinary shares for $18.00 per share in cash. Nano Dimension currently owns approximately 14.2% of Stratasys outstanding ordinary shares. The company will also address the alternative offer presented by Stratasys and Desktop Metal. The conference call will provide shareholders and stakeholders with more information about the two offers. Nano Dimension serves over 2,000 customers in various industries and offers additive electronics and additive manufacturing 3D printing machines and consumable materials.
AcquisitionPartners
Why Desktop Metal and Stratasys Stocks Rose Today
Investors reacted positively to Stratasys apparent profit in the last quarter, causing the stock to rise. However, the article argues that the companys business isnt as great as it appears. Stratasys stock is up 0.5% as of 10:50 a.m. ET today, while Desktop Metal is up 2.9%.
Investment
What's Going On With Stratasys Stock Today
Stratasys stock is trading higher following Nano Dimensions unsolicited special tender offer to acquire majority ownership. Stratasys has also agreed to merge with Desktop Metal in an all-stock transaction valued at approximately $1.8 billion. The combined company aims to generate additional cost synergies and achieve adjusted EBITDA margins by 2025. Stratasys shareholders will own 59% of the combined company.
Acquisition
Nano Dimension Launches $18.00 Per Share All-Cash Special Tender Offer to Increase Ownership in Stratasys to between 53% and 55% of Its Outstanding Shares
Nano Dimension Ltd. has commenced a special tender offer to purchase a significant percentage of the outstanding ordinary shares of Stratasys Ltd. The offer represents a premium to the unaffected closing price and the 60-day volume-weighted average price of Stratasys shares. If successful, Nano Dimensions ownership of Stratasys shares would increase to between 53% and 55%. The tender offer is part of Nano Dimensions strategic plan to create a market leader in the additive manufacturing industry. The completion of the offer would provide attractive cash value to Stratasys shareholders and establish a portfolio of complementary products and solutions. The offer is subject to certain conditions and will expire on June 26, 2023. Nano Dimension has filed the necessary documents with the U.S. Securities and Exchange Commission.
Acquisition
Nano Dimension to Showcase Notable Progress in Micro-AM at Industry Leading Conference – RAPID + TCT – With Next-Gen Product Launch, New Materials, and New Strategic Customer – TTH
Nano Dimension: Stratasys New Release Misleads Their Shareholders
Nano Dimension Announces Israeli Court Ruling That Board Can Continue Leading as Normal, Including Completion of a Stratasys Transaction
UPDATE 2-Stratasys rejects Nano Dimension's takeover offer, sets up hostile fight
Stratasys Ltd, a 3D-printer maker, has rejected a sweetened offer from Nano Dimension Ltd to buy the stake it does not already hold in the company. Nano Dimension, Stratasyss largest shareholder with a 14.5% stake, offered $20.05 per share in cash, which Stratasys said substantially undervalues the company in light of its standalone prospects. The offer values Stratsys at $1.35 billion. This rejection sets the stage for a potential hostile takeover.
Acquisition
Nano Dimension’s Preliminary Q1/2023 Revenues: Approximately $14.6M Best Quarter in the Company’s History
Nano Dimension Ltd. (NASDAQ:NNDM) Q4 2022 Earnings Call Transcript
Nano Dimension (“NANO”) is Committed to Proceed Towards Acquiring Stratasys And Announces Preparation of Special Tender Offer for $18.00 Per Share
Stratasys (SSYS) Gets Revised Takeover Proposal Once More
Stratasys Bags New Takeover Offer From Nano Dimension At 41% Premium
UPDATE 2-Nano Dimension makes 'best and final' $20.05/shr offer for Stratasys
Nano Dimension bids for Stratasys at $1.1b valuation
Israeli 3D printing company Nano Dimension has submitted an offer to purchase shares of Israeli polymer 3D solutions company Stratasys for $18 per share in cash. The offer reflects a 36% premium on Stratasys closing price on Wall Street and values the company at $1.1 billion. Nano Dimension already holds a 14.5% stake in Stratasys and has become an activist shareholder. Stratasys has confirmed receipt of the proposal and will review it. Nano Dimension aims to avoid Stratasys adopting a poison pill defense by acquiring all of its shares. Nano Dimension raised $1.5 billion on Nasdaq and still has over $1 billion in cash for acquisitions. The event described in the article occurred on March 10, 2023.
Acquisition
CEO fails to takeover Nano Dimension and its $1.2 billion in cash | CTech
Shareholders of Nano Dimension did not approve the repricing of CEO Yoav Sterns options, preventing him from becoming the largest shareholder in the company. The company also requested to increase the number of shares and the indemnity ceiling for directors, but these requests were rejected as well. The Murchinson hedge fund, currently the largest shareholder, saw the proposals as an attempt to block their acquisition attempts. Nano Dimension reported a loss of $67 million in the third quarter, and the company claimed that a smear campaign was launched against them. The vote results will be respected, and Nano Dimension will continue its M&A initiatives and business development plans.
Investment
Nano Dimension CEO targeting takeover of company and its $1.2 billion in cash | CTech
Yoav Stern, CEO and Chairman of Nano Dimension, is requesting to reprice his options at the upcoming shareholders meeting. This would make him the largest shareholder in the company with about 10%. Nano Dimension, primarily a cash fund traded on the stock exchange, has raised $1.2 billion in cash but has not yet made a significant strategic purchase in the field of 3D printing. The companys revenues for the first half of 2022 were $21 million with a loss of $73 million. Nano Dimension also wants to increase its share capital from 500 million shares to 800 million shares, possibly as a defense against a potential takeover. Yoav Stern, who has a history of CEO removal and attempted takeovers, has included a golden parachute clause in his contract.
Management Changes
Murchinson bids $995m for Nano Dimension - report
Canadian investment firm Murchinson, the largest shareholder in Israeli 3D printing company Nano Dimension, has proposed buying all the shares it does not own at a company valuation of $995 million. The bid offers a 52% premium on the companys share price at the time and a 67% premium on Nano Dimensions closing price on Wall Street. Murchinson has hired financial advisors and is prepared to begin due diligence. Nano Dimension has raised $1.2 billion in 2020 and 2021, more than the offer from Murchinson. Following the news, Nano Dimensions share price rose 10.79% to $2.67.
Acquisition
המשקיעים הקטנים בננו דיימנשן דורשים מהחברה לבצע Buy Back - Techtime - חדשות אלקטרוניקה והייטק
Nano Dimension, an Israeli 3D printing company, is facing criticism from retail investors following a significant decline in its stock value. Despite raising $1.5 billion, the company has only used a small portion of this for acquisitions, leading to investor demands for a share buyback to boost the stock. The companys Q2 2022 financial results showed revenues of $11.1 million, a twelvefold increase from the same quarter in 2021, but a net loss of $40 million. Nano Dimensions stock is currently trading at $2.5, significantly lower than its peak of $17 in February 2021.
InvestmentAcquisition
3D printing company Nano Dimension acquires 12% of Stratasys, raising prospects of hostile takeover CTech
Nano Dimension, an Israeli 3D printer company, announced that it owns 12.12% of the shares of Stratasys, an American-Israeli manufacturer of 3D printers. Nano Dimensions stake in Stratasys is currently worth around $150 million. Nano Dimension has raised nearly $1.5 billion in public offerings but currently has a market cap of $850 million. The company recently acquired Formatec Holding B.V for $12.9 million. Nano Dimensions CEO, Yoav Stern, described the investment in Stratasys as strategic and hinted at the possibility of a potential takeover in the future.
InvestmentAcquisition
Nano Dimension still has over $1b to spend after latest buys
Israeli electronic components 3D printing company Nano Dimension has acquired Dutch 3D printing company Formatec for $12.9 million. This acquisition is Nano Dimensions fifth since raising nearly $1.5 billion in public offerings. The company now has over $1 billion in cash. Nano Dimensions share price has dropped 80% from its peak, resulting in a market cap of $841.74 million. Nano Dimension has examined 170 companies for potential acquisitions and seeks companies that provide access to its products, bring innovative technologies, or sell capital equipment to the industry.
Acquisition
Nano Dimension Acquires Admatec and Formatec, Creating Metal & Ceramic Additive Manufacturing Portfolio
Nano Dimension has acquired Formatec Holding B.V., including its subsidiaries Admatec Europe B.V. and Formatec Technical Ceramics B.V. The acquisition expands Nano Dimensions multi-material 3D printing capabilities and adds expertise in ceramic and metal additive manufacturing. Admatec/Formatecs industrial production service division will enhance Nano Dimensions offerings for industrial-scale customers. The acquisition is expected to drive accelerated growth for Nano Dimension, which is at the forefront of transforming the Industry 4.0 landscape. Admatec/Formatec has shown promising financial results, with $5.3 million in revenue and a gross margin of 56% in 2021. Nano Dimension paid a total cash sum of $12.9 million for the acquisition. The acquisition will enable Nano Dimension to broaden its reach in the United States and Europe, where there is increasing demand for additive manufacturing.
AcquisitionPartners
Nano Dimension's Q4/21 Revenue Indicates Approximately 200% Growth Expected in Full Year 2022 over 2021
Nano Dimension Ltd. has announced its financial results for the fourth quarter and full year ended December 31, 2021. The company reported audited consolidated revenues of $7.5 million for the fourth quarter, a 280% increase over the fourth quarter of 2020 and 460% increase over the third quarter of 2021. Revenues for the full year were $10.5 million, an increase of 209% over full year 2020. The company also reported consolidated cash and deposits balances of approximately $1,355,000,000 as of December 31, 2021. The company expects a growth of approximately 200% in full year 2022 over 2021.
CustomersInvestment
Nano Dimension Establishes First Additively Manufactured Electronics (AME) NanoLab™ Facility to Advance Multi-Layer Printed Electronics
Nano Dimension has announced a collaboration with TTM Technologies to open its first AME NanoLab at TTMs Advanced Manufacturing Center. The AME NanoLab Network will enable customers and researchers to experience the complete AME workflow, from design to final prototype. The collaboration aims to drive growth and new capabilities in the AME market by leveraging TTMs expertise in the printed circuit board industry. The AME NanoLab @ TTM will spearhead the development of new standards related to IPC, MILSPEC, and Automotive within the United States. Nano Dimension also recently acquired Essemtec AG and Global Ink Systems Ltd.
Partners
Nano Dimension Acquires Global Inkjet Systems; Implements Its Vision for Specialized 3D Printing and Additive Manufacturing
Nano Dimension has announced the acquisition of Global Inkjet Systems Ltd. (GIS), a leading developer and supplier of high-performance control electronics, software, and ink delivery systems. The acquisition is expected to accelerate product development and provide commercial synergies for Nano Dimensions growth. GIS will continue to develop and sell its hardware and software globally while leveraging Nano Dimensions go-to-market resources. The combined company will have access to innovative printing technologies and expand into new market segments. The acquisition was valued at $18.1 million in cash, with additional payments of $1.3 million to $10.7 million based on GISs financial performance. The event occurred on January 5, 2022.
AcquisitionPartners
Nano Dimension Announces New DragonFly IV 3D-Printer and FLIGHT Software Package.
Nano Dimension introduces its new DragonFly IV printer and FLIGHT software platform, which enable the manufacturing of new classes of High-Performance Electronic Devices (Hi-PEDs®) in the Additively Manufactured Electronics (AME) sector. The DragonFly IV system, combined with FLIGHT software, provides increased flexibility in designing 3D geometry and creating innovative products. The new capabilities include improved accuracy, enhanced print quality, and support for HDI level elements. The FLIGHT software suite allows the incorporation of ECAD designs into real 3D MCAD designs and provides intelligent verification, slicing, and job control solutions. J.A.M.E.S GmbH, a joint venture with Hensoldt, is a beta-customer for the DragonFly IV system. Nano Dimension aims to transform the electronics industry by delivering environmentally friendly and economically efficient additive manufacturing solutions.
CustomersPartners
Nano Dimension acquires Essemtec - Electronic Products & Technology
Nano Dimension Ltd. has signed and closed a definitive agreement to acquire Essemtec AG, a leading provider of production equipment for placing and assembling electronic components on printed circuit boards. The acquisition is expected to enhance both product lines and drive the AME revolution that Nano Dimension is leading. The scientists, engineers, and other team members of ESSEMTEC have joined Nano Dimension and will continue to be led by their present management crew.
Acquisition
Nano Dimension Announces Collaboration with Fraunhofer Institute to Develop the Next Generation of 3D Printing Systems
Nano Dimension Ltd., a leading provider of Additively Manufactured Electronics (AME) and Printed Electronics (PE) manufacturing systems, has announced a two-year collaboration with the Fraunhofer Institute for Manufacturing Engineering and Automation IPA. The collaboration will focus on the research and development within the field of autonomous fabrication of electromechanical systems based on 3D freeform printing and the highest precision 3D assembly technologies. The outcomes of this collaboration should benefit Nano Dimension customers given the insights that will be generated and incorporated into what is already uniquely possible with Nano Dimension’s DragonFly® additive manufacturing system.
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Nano Dimension Reports 2021 Second Quarter Financial Results with CEO Letter to Shareholders
Nano Dimension Ltd. has announced its financial results for Q2 2021, reporting revenues of $811,000 for the quarter and $1,622,000 for the first half of the year. This is a significant increase compared to revenues of $288,000 and $990,000 for the same periods in 2020. The company also reported a total operating loss of $19,859,000 for Q2. In April 2021, Nano Dimension acquired two entities, NanoFabrica and DeepCube, and this quarter is the first in which the financial results of these entities have been consolidated into the companys financial statements. The company ended the quarter with a cash and deposits balance of $1,396,939,000.
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Nano Dimension Acquires Micro Mechanics 3D-Printing Leader, NanoFabrica Ltd.
Nano Dimension has signed a definitive agreement to acquire NanoFabrica Ltd., a world leader in technology and turn-key systems for precise 3D-micro-printing. The acquisition will be valued between $54.9 million to $59.4 million, with a portion paid in cash and the rest in American Depositary Shares (ADSs) of Nano Dimension. NanoFabricas technology and machines enable digital mass manufacturing of precise and complex parts, overlapping with Nano Dimensions target markets. The acquisition aligns with Nano Dimensions vision of merging micro-electronic 3D-fabrication machines with NanoFabricas micro-mechanic 3D printing. The goal is to establish an AI/ML/DL Distributed Electronic Fabrication Application that can maintain an inventory of high-end PCB devices, micro-mechanical parts, and Hi-PEDsTM in digital form. NanoFabricas scientists and engineers will join Nano Dimension, and Dr. Jon Donner will become the General Manager of the NanoFabrica Division.
Acquisition
Nano Dimension Acquires Machine Learning/Deep Learning Leader, DeepCube Ltd.
Nano Dimension Ltd. has announced its acquisition of DeepCube Ltd., a world leader in Machine Learning/Deep Learning (ML/DL) technology. The acquisition is valued at approximately $40 million in cash and $30 million in American Depositary Shares (ADSs) of Nano Dimension. DeepCubes AI/ML/DL solutions offer faster and more accurate training of deep learning models, improving inference performance and real-time metrics. The acquisition is expected to strengthen Nano Dimensions vision of establishing INDUSTRY 4.0 solutions and revolutionizing the Additively Manufactured Electronics (AME) industry. The transaction is set to close in the next few days, subject to customary closing conditions. DeepCubes scientists and engineers are expected to join Nano Dimension upon closing of the acquisition.
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המנכ"ל רומז לרכישות? "אם אין לכם סבלנות, אל תשקיעו בננו דיימנשן"
Nanodimension, a 3D printing company, has raised over $1.5 billion in recent months. The CEO, Yoav Stern, stated that the company has significantly changed in the past year through fundraising, which has strengthened its position compared to competitors. He also mentioned that the company plans to make effective use of its business plan when the market returns to normal behavior. However, he does not foresee any price drops in the market. The company ended 2020 with modest revenues and a net loss. Nanodimension is currently traded on the NASDAQ with a market value of $2.8 billion. The CEO received a generous bonus of $14.6 million in the past year. The company has 87 employees, mostly in Israel.
Investment
ננו-דיימנשן תשקיע 750 מיליון דולר ברכישות - Techtime - חדשות אלקטרוניקה והייטק
Nano Dimension, a 3D printing technology company, plans to use the $1.5 billion it has raised in the last six months to make several strategic acquisitions. The company has already signed Letters of Intent (LOIs) with several companies and is conducting due diligence on others. Nano Dimension is interested in acquiring at least one company in three strategic sectors: a large European or American company in the printed circuit industry, a company developing competing or complementary technology in the field of 3D electronics printing, and a company in the field of machine manufacturing.
InvestmentAcquisition
Nano Dimension raises $500m more on Nasdaq
Israeli electronic components 3D company Nano Dimension has raised a further $500 million, bringing the total amount raised in eight rounds since September 2020 to almost $1.5 billion. Despite being a loss-making company, Nano Dimensions share price has risen significantly, and it now has a market cap of $3.3 billion. The company is using the funds to search for attractive acquisition targets in Europe and expand its go-to-market channels. Nano Dimension is focusing on companies with transformative technologies and products that complement its product roadmap. The company is confident that with the help of its investment banking partners, it will expedite the M&A process to support its growth plans.
InvestmentAcquisition
Israeli 3D print co Nano Dimension increases raise to $1b
Israeli electronic components 3D printing company Nano Dimension has priced a $332.5 million offering, bringing the total capital raised to $1 billion. The companys share price has seen significant growth in the past year, despite a decrease in revenue and net loss. The funds raised will be used for working capital, general business needs, and potential strategic opportunities, including acquisitions. Nano Dimension has previously hired an investment bank to advise on acquisitions, indicating a potential major acquisition in the future.
InvestmentAcquisition
Israeli 3D printing co Nano Dimension set for major acquisition
Israeli electronic components 3D printing company Nano Dimension has raised an additional $250 million on Nasdaq, bringing the total amount raised since September to $657 million. Despite having negligible revenue, the company has experienced a 1,300% increase in share price since March, resulting in a market cap of $1.2 billion. Nano Dimension is now preparing for a large acquisition, as indicated by the significant capital raised. The company aims to leverage its strong cash position and the market slowdown caused by Covid-19 to acquire a private company at a reduced price that aligns with its strategic goals. Nano Dimension has previously hired an investment bank to advise on acquisitions, particularly in the electronics sector. The companys focus is on accelerating R&D and expanding its distribution channels through the acquisition.
InvestmentAcquisition
Nano Dimension prices $180m offering to complete $340m raise
Israeli electronics 3D printing company Nano Dimension has announced a capital raise of $180 million through the pricing of 30 million shares. This is the companys third offering in the past two weeks, bringing the total raise to $340 million. Nano Dimensions share price on Nasdaq has risen by 291% this year, giving a market cap of $800 million. The capital raised will be used for working capital, general corporate purposes, and seeking out strategic opportunities and acquisitions.
Investment
Nano Dimension raises $100m on Nasdaq at big discount
Nano Dimension Ltd. announced agreements with investors for the sale of 25 million American Depositary Shares at $4 each, resulting in gross proceeds of $100 million. However, the companys share price fell by 24.4% on Wall Street, leading to a market cap of $316 million. The company had previously delisted from the Tel Aviv Stock Exchange and announced a breakthrough in its 3D printing technology for print circuit boards. In the third quarter of 2020, Nano Dimension reported low revenue of $438,000 and a net loss of $20.7 million.
InvestmentPublic Trading
NANO DIMENSION CLOSES $50 MILLION REGISTERED DIRECT OFFERING
Nano Dimension Ltd. has closed a registered direct offering of 16,722,000 of the Company’s American Depositary Shares (ADSs) at a price of $3.00 per ADS. The gross proceeds of the offering were approximately $50 million. The net proceeds will be used for working capital and general corporate purposes. ThinkEquity acted as the sole placement agent for the offering. The offering was made pursuant to an effective shelf registration statement on Form F-3. Nano Dimension is a provider of intelligent machines for the fabrication of Additively Manufactured Electronics (AME).
Investment
Nano Dimension raises $35.9M in direct stock offering
Nano Dimension, a leading AM electronics provider, has announced a registered direct offering of 17,950,000 of its American Depositary Shares (ADSs) at $2 per share. The offering is expected to raise around $35.9M for the company, which specializes in 3D printers capable of producing electronics. The proceeds will be used for working capital and general corporate and operational purposes. The offering is set to close on May 22, pending customary closing conditions. Nano Dimensions stock price has experienced volatility recently, with a significant increase followed by a drop due to the discounted share offering price. The company has also made breakthroughs in 3D printed electronics and formed partnerships with HENSOLDT and REHAU.
Investment
Nano Dimension Announces 77% Exercise of Over-Allotment Option
Nano Dimension Ltd. has announced the partial exercise of the over-allotment option in its underwritten public offering, bringing the total gross proceeds to $3,882,477. The company intends to use the proceeds for building up its sales and marketing infrastructure and headquarters in the United States, working capital, and general corporate purposes. ThinkEquity, a division of Fordham Financial Management, Inc., acted as the sole book-running manager for the offering. The offering was made pursuant to an effective shelf registration statement on Form F-3. Nano Dimension is a provider of intelligent machines for the fabrication of Additively Manufactured Electronics (AME).
Investment
Nano Dimension Appoints New President & CEO
Nano Dimension Ltd. has announced the appointment of Yoav Stern as the new President and CEO, effective January 2, 2020. Stern, a seasoned executive with experience in operating roles and investing in hi-tech companies, will be succeeding co-founder Amit Dror, who will take on the role of Customer Success Officer. The appointment is seen as a positive move for Nano Dimension, as Sterns track record in transitioning companies into scalable growth aligns with the companys needs. Dror will continue to serve as a director on the companys Board of Directors. Nano Dimension is a leading additive electronics manufacturing provider, specializing in 3D printing technologies for electronic devices.
Management Changes
Nano Dimension's Partner, Accucode, Expands with Opening of First 3D Electronics Service Bureau in the U.S. and Purchases Second DragonFly System
Nano Dimension announced the opening of the worlds first service bureau for 3D printing of electronics, in partnership with US-based reseller Accucode. Accucode has purchased a second DragonFly LDM precision additive manufacturing system from Nano Dimension. The service bureau will provide end-to-end prototyping and low-volume additive manufacturing services for electronics, allowing for cost-effective production of functional boards and experimentation with unique designs. The bureau will be co-managed by Accucode 3D and The 3D Printing Store. Accucodes CEO expressed excitement about the disruptive potential of additive manufacturing in the electronics sector. Nano Dimensions CEO highlighted the companys collaboration with Accucode and the expansion of their market reach.
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Nano Dimension Introduces DragonFly LDM 3D Printing Progress
The article discusses various reports and webinars by IDTechEx, a market research firm, on the trends and developments in the 3D printing and graphene industries. It highlights the growth of the polymer 3D printing market, which is expected to reach $21.1 billion by 2033. The article also discusses the increasing use of in-mold electronics in various applications and the potential of graphene in improving the performance of energy storage devices. It mentions the investment by Evonik in SuperC, a graphene manufacturer. The article also notes the first signs of consolidation among graphene manufacturers.
InvestmentExpand
Electronics 3D Printer Company Nano Dimension to Lay Off 20% of Employees
Nano Dimension Technologies Ltd., a 3D printer company, is set to lay off 20% of its employees. The company currently employs 103 people. Co-founder Simon Fried will also step down from his executive role.
Layoffs
Nano Dimension and HENSOLDT Enter Strategic Collaboration
Nano Dimension has announced a strategic collaboration with HENSOLDT, a leading global security and defense electronics firm. HENSOLDTs engineers will work closely with Nano Dimensions engineering team to develop innovative applications for Hensoldts security and defense business. The collaboration aims to accelerate accessibility and adoption of electronics manufacturing, particularly in the field of 3D structural electronics. Nano Dimensions market leadership in additive manufacturing of printed electronics and Hensoldts advanced defense and security technologies will be leveraged in this partnership. HENSOLDT is already using Nano Dimensions DragonFly Pro printer for printed electronics and plans to expand its use of the technology.
Partners
Nano Dimension sees sharp growth on increasing demand for 3D printing
Nano Dimension, a pioneer in 3D printers for circuit boards, expects to continue its sales growth while reducing cash burn. The company is targeting new sectors such as defense and space exploration for demand. Nano Dimension has been collaborating with U.S. defense contractor Harris Corp on 3D printing of radio frequency identification amplifiers. The company aims to generate sales with large corporations in defense, aerospace, automotive, healthcare, and consumer products. Nano Dimensions printers can produce printed circuit boards in hours, saving costs and time. The company has sold over 30 printers and projects a tripling of revenue to as much as $15 million in 2019. Nano Dimension plans to narrow its loss and reduce cash burn in the next two years. The companys shares on Nasdaq have dropped significantly and need to move back to at least $1 by September.
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Nano Dimension raises $12m on Nasdaq at 21.9% discount
Nano Dimension, a 3D printer manufacturer, completed a $12 million financing round on Nasdaq at a 21.9% discount on the market price. The companys share price dropped 10.7% on Nasdaq and 8% on the TASE. The financing round was delayed due to the US governmental shutdown. Nano Dimension issued 16 million units at $0.75 per ADS, raising $11.2 million net of expenses. The company plans to use the proceeds to bolster its global sales and marketing effort, increase production capacity, and for working capital and general business needs. Nano Dimensions revenue surged 745% to $3.4 million in the first three quarters of 2018.
Investment
Nano Dimension files for $28.8m Nasdaq offering
Nano Dimension, a 3D printer manufacturer, has filed a prospectus for a financing round of up to $28.8 million. The company plans to use the funds to expand its global sales and marketing, increase production capacity, and for general business needs. Nano Dimension had $7.5 million in cash at the end of the third quarter and a market cap of $37 million. The company reported a 745% increase in revenue in the first three quarters of 2018 compared to the same period last year. Nano Dimension also reduced its operating and net losses during this time. The companys share price surged 13% after it reported a breakthrough in 3D printing of electronic components.
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https://3dprint.com/180065/dragonfly-2020-beta-complete/
Nano Dimension has completed the recruitment process for its beta testing programme for the DragonFly 2020 3D printer. The Israeli company, which uses nanoparticle inks to create printed circuit boards (PCBs) and other 3D circuitry, has been leasing the printers to a select group of customers since the second half of 2016. The company has now reached its goal of leasing to 12 beta customers and is preparing to commence early access commercial sales. The last customer to receive the printer was a Fortune 500 company, believed to be one of the largest bank holding companies in the US.
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Nano Dimension receives Israel Innovation Authority funding to 3D print ceramic space applications
Nano Dimension Technologies has received funding from the Israel Innovation Authority for a 3D ceramic material/space application project. The company will collaborate with Semplastics on this project. The funding amount is approximately $165,000, with 30% financed by the Israel Innovation Authority. Nano Dimension will have to pay royalties on future sales up to the full grant amount. Semplastics will provide its ceramic material precursors for use with Nano Dimensions 3D inkjet printing technology. The project aims to develop 3D ceramic materials for inkjet technology to 3D print thick objects with low density for use in space. Ceramic materials are ideal for aerospace applications due to their mechanical strength and thermal resistance properties.
Partners
Nano Dimension raises $4m in private placement
Israeli 3D printed electronics developer Nano Dimension Ltd. has signed a private placement agreement with Ayalim Trust Funds, an Israeli institutional investor, for a funding of NIS 14.4 Million ($4 million). The company will issue 3,430,000 ordinary shares at a price per share of NIS 4.2 ($1.17 per ordinary share, or $5.85 per ADS). The issued ordinary shares will be restricted for a period of six months under Israeli securities laws.
Investment
https://www.exponentialinvestor.com/3d-printing-will-transform-electronics-biology/
Nano Dimension supplies 3D printer to Syqe Medical
Nano Dimensions subsidiary, Nano Dimension Technologies, has supplied its DragonFly 2020 3D Printer to Syqe Medical, a developer of medical cannabis inhalers. Syqe Medical will use the technology to further develop its inhalers. This partnership is part of Nano Dimensions beta program, where leading companies and partners worldwide receive the DragonFly 2020 printer to pioneer additive manufacturing technology. The program allows customers to speed up product development cycles and strengthen in-house innovation capabilities. Nano Dimension receives payments and valuable feedback in return.
Customers
Nano Dimension spins off bio-printing unit
Israeli 3D printed electronics company Nano Dimension has spun-off its bio-printing activities into a new subsidiary. The company achieved a successful proof of concept for 3D printing of bio-ink containing stem cells. The new subsidiary will conduct R&D in this field, and Nano Dimensions current capital will not be used for the bio-printing activities. Several companies have expressed interest in Nano Dimensions bio-printing technology. The market for 3D bio-printing is forecasted to grow rapidly in the next decade. Nano Dimension focuses on the development of advanced 3D printed electronics systems and additive manufacturing.
Investment
Nano Dimension files for $10m Nasdaq offering
Nano Dimension, a 3D printer manufacturer, plans to raise $10 million through an offering of American depository shares (ADS). The funds will be used to expand marketing and sales of its DragonFly2020 printer and ink. The underwriters for the offering are National Securities Corporation and Lake Street Capital. After the offering, investors will hold 13% of the companys share capital. Nano Dimension had $5.8 million in cash and investments at the end of the second quarter. The company expects its first revenue in the fourth quarter of 2016. The share price of Nano Dimension increased by 18% following an optimistic analysis by Edison, a paid analysis company.
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Nano Dimension to Open New Ink Production Facility
Nano Dimension Ltd. announced the opening of a production facility for its nano-ink products. The facility will be located in Ness Ziona, Israel, and will have the capability to provide ink for hundreds of printers. This will enhance Nano Dimensions ink development capabilities for commercial production and meet future clients expected nano-ink supply needs. The facility will cover an area of approximately 8600 square feet and will feature advanced technological solutions. This news follows Nano Dimensions recent announcement of supplying its first 3D printer to a leading Israeli defense company.
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https://3dprint.com/141005/dragonfly-2020-software/
Nano Dimension, an Israeli 3D printing company, has revealed the software package that will accompany its DragonFly 2020 desktop 3D printer. The software, called Switch, will allow users to prepare files of electronic circuits for printing with the DragonFly. It supports most typical file formats used in the electronics industry and optimises the printing process. The company has also been working on the development of a bioprinter.
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www.3ders.org
Gartner, the American research and advisory firm, released its Cool Vendors in 3D Printing 2016 list, highlighting five additive manufacturing companies. The list includes Aspect Biosystems, Massivit 3D, Nano Dimension, Nanoscribe, and Source3. Aspect Biosystems is a leading player in 3D bioprinting, while Massivit 3D manufactures large-scale 3D printing systems. Nano Dimension focuses on 3D printed shielded conductors in printed circuit boards, Nanoscribe specializes in nano and micro-scale 3D printing, and Source3 manages intellectual property in user-generated content. Gartner recommends technology providers to evaluate these companies and similar providers to expand their products and services.
Investment
Nano Dimension to list on Nasdaq this week
Nano Dimension Ltd., an Israeli company specializing in 3D printed electronics systems, has received all necessary approvals to list its Depositary Shares (ADSs) on Nasdaq. The trading will begin later this week under the NNDM ticker. The company aims to increase awareness of Nano Dimension within the US investment community and expand its presence in the US market. This listing is seen as an important step in the companys overall corporate development strategy. Nano Dimensions primary products include a 3D printer for multi-layer PCBs and advanced nanotechnology-based conductive and dielectric inks.
Public Trading
Israel's best-performing tech stock Nano Dimension hasn't sold a single product
Nano Dimension, a small Israeli 3D printing company, has become the countrys best-performing tech stock of 2015, despite having no customers or revenue. The company, which has 44 employees and a market cap of $49 million, has raised about $18 million and become a public company through a reverse merger, avoiding the lengthy and expensive process of an IPO. Nano Dimensions success has inspired other Israeli startups to consider reverse mergers as a means of raising capital.
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http://3dprint.com/106486/dragonfly-2020-3d-printer/
Nano Dimension has unveiled the DragonFly 2020, a desktop 3D printer dedicated to producing 3D printed circuit board prototypes. The printer is expected to significantly reduce prototyping times, save money and increase the quality of the final product. The DragonFly 2020 3D printer will produce complete multilayer PCBs including all of the required layer interconnections and through-holes with their cutting-edge inkjet printer and conductive nano-inks. The printer is expected to be released later in 2016.
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3D printing co Nano Dimension raises $2.2m
Israeli 3D printing electronics company Nano Dimension has raised an additional $2.2 million, bringing the latest financing round to $13.1 million. The financing round included existing private investors and commitments from new investors. Nano Dimension focuses on the development of advanced 3D printed electronics systems, including a printer dedicated to printing multi-layer PCBs. The CEO stated that the funding will help the company achieve its business goals and begin commercial production of its unique ink.
Investment