Nano Dimension Sells DragonFly LDM Additive Manufacturing System to CAS-CityU Joint Lab on Robotics
September 23 2019 - 2:30AM
Nano Dimension Ltd., a leading additive electronics provider
(NASDAQ, TASE: NNDM), today announced it has sold a DragonFly
Lights-Out Digital Manufacturing (LDM) system to City University of
Hong Kong (CityU), a globally-ranked (#52 in QS World University
Rankings 2020) public research university in Kowloon, Hong Kong. A
team of researchers and engineers at the Chinese Academy of
Sciences (CAS)-CityU Joint Lab on Robotics (located in CityU) plans
to use the DragonFly LDM to facilitate faster prototyping of
next-generation 3D integrated robotics and sensing structures,
while lowering research and development costs.
With Nano Dimension’s DragonFly LDM system, the
researchers at CityU will be able to prototype and produce
multi-layer PCBs and non-planar circuitry with complex geometric
features and compact structures, owing to its ability to 3D-print
metal and polymer simultaneously with high precision. This will
enable the research lab to avoid traditional fabrication techniques
such as lithography and etching, reducing development costs for
sensing and electronic devices and make prototyping faster. Future
innovations can lead to the development of four-dimensional (4D)
actuators, which are new breeds of robotics actuators with embedded
programmable architectures that can repeatedly self-morph in
response to external stimuli.
“The DragonFly LDM’s unique technology will
provide CityU researchers with a substantial competitive advantage
to perform leading-edge research in developing next generation
sensing and robotics actuation systems,” said Dr. Chan Ho-Yin,
research assistant professor at CityU. “During the next two years,
our team plans to implement 3D printed electronics technology into
several advanced projects, including the development of injectable
motion sensors for lab animals and integrated antennas for cyber
physical robots.”
“More and more now, we’re seeing growing
interest from universities and research labs to increase the
adoption of additive manufacturing of electronics, for rapid
innovation and time-savings, regardless of the complication of the
circuit or component,” said Amit Dror, CEO of Nano Dimension.
“Additive manufacturing technologies will significantly contribute
to the development of CityU’s new sensing systems and robotic
actuators.”
The DragonFly LDM printing technology is the
industry’s only comprehensive additive manufacturing platform for
round-the-clock 3D printing of electronic circuitry. The
groundbreaking system, introduced by Nano Dimension in July 2019,
is designed for Industry 4.0 and manufacturing for the Internet of
Things. The DragonFly LDM is the extension of the successful
DragonFly Pro precision system for printing electronic components,
including multilayer printed circuit boards (PCBs), capacitors,
coils, sensors, antennas and more.
About Nano Dimension
Nano Dimension (Nasdaq, TASE: NNDM) is a leading
electronics provider that is disrupting, reshaping, and defining
the future of how cognitive connected products are made. With its
unique 3D printing technologies, Nano Dimension is targeting the
growing demand for electronic devices that require increasingly
sophisticated features. Demand for circuitry, including PCBs -
which are the heart of every electronic device - covers a diverse
range of industries, including consumer electronics, medical
devices, defense, aerospace, automotive, IoT and telecom. These
sectors can all benefit greatly from Nano Dimension’s products and
services for rapid prototyping and short-run manufacturing. For
more information, please visit www.nano-di.com.
Forward-Looking Statements
This press release contains forward-looking
statements within the meaning of the “safe harbor” provisions of
the Private Securities Litigation Reform Act of 1995 and other
Federal securities laws. Words such as “expects,” “anticipates,”
“intends,” “plans,” “believes,” “seeks,” “estimates” and similar
expressions or variations of such words are intended to identify
forward-looking statements. For example, Nano Dimension is using
forward-looking statements in this press release when it discusses
the potential and use of its products, and how CAS-CityU will use
and benefit from Nano Dimension’s products. Because such statements
deal with future events and are based on Nano Dimension's current
expectations, they are subject to various risks and uncertainties.
Actual results, performance or achievements of Nano Dimension could
differ materially from those described in or implied by the
statements in this press release. The forward-looking statements
contained or implied in this press release are subject to other
risks and uncertainties, including those discussed under the
heading “Risk Factors” in Nano Dimension’s annual report on Form
20-F filed with the Securities and Exchange Commission (“SEC”) on
March 14, 2019, and in any subsequent filings with the SEC. Except
as otherwise required by law, Nano Dimension undertakes no
obligation to publicly release any revisions to these
forward-looking statements to reflect events or circumstances after
the date hereof or to reflect the occurrence of unanticipated
events. References and links to websites have been provided as a
convenience, and the information contained on such websites is not
incorporated by reference into this press release. Nano Dimension
is not responsible for the contents of third-party websites.
NANO DIMENSION INVESTOR RELATIONS CONTACT Yael
Sandler, CFO | ir@nano-di.com
NANO DIMENSION PR CONTACTGalit
Beck, Public Relations Manager | 972-542539495 |
galit@nano-di.com
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