Nano Dimension Marks Major Sales Milestone - More than 50 DragonFly Systems Sold Worldwide
October 23 2019 - 2:30AM
Nano Dimension Ltd., a leading additive electronics provider
(NASDAQ, TASE: NNDM), today announced it has reached a major
milestone of selling more than 50 systems worldwide since the
launch of its commercials sales in Q4 2017.
The recent sales of Nano Dimension include two
sales to leading customers in Europe, one is a government authority
of one of the major tech-leading countries in Europe in the defense
sector, and the second is a leading tech corporation.
“We are excited to announce the sale of our 50th
DragonFly system for additive manufacturing of electronics. Nano
Dimension started with a breakthrough idea to change the way the
electronics are made and to offer new solutions to develop
innovative smart products,” said Amit Dror, CEO of Nano Dimension.
“I'm proud that our dream has become a reality, as our global
customers from various industries validate our unique technology by
adopting our solutions and using them to develop and manufacture
never-seen-before applications. We celebrate this important
milestone as we continue to focus on increasing our global reach
and our customer base.”
To date, Nano Dimension has sold a total of 51
systems to leading companies worldwide, from a variety of
industries, such as defense, tech, electronics, research, and more.
Sales were conducted directly and through the Company’s resellers,
in three main geographies: US, EMEA (Germany, UK, Italy, France,
Czech Republic, Belgium, Turkey, Russia) and Asia-Pacific (China,
Korea, Taiwan, Hong-Kong, Japan, Australia).
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 benefits and use of its products and continuing to focus on
increasing global reach and our customer base. 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 CONTACT
Galit Beck, Public Relations Manager | 972-542539495 |
galit@nano-di.com
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