Nano Dimension Moves its Main Commercial Activity to USA
February 19 2020 - 2:30AM
Nano Dimension Ltd.
(Nasdaq, TASE: NNDM), a leading Additively
Manufactured Electronics (AME) provider, announced today
the establishment of its headquarters for the Americas in South
Florida.
With a growing customer base on the eastern
seaboard, Nano Dimension will now be able to better serve its
customers through its new training and demo center and will provide
additive manufacturing electronic (AME) services locally from the
United States.
The new headquarters will become the company’s
main sales, customer support, logistic and training center. The new
facility is being established for the benefit of the company's
customers and prospective industry partners. Nano Dimension is also
hiring additional personnel in the United States for its AME
fabrication facility, producing High Performance
Electronic Devices (Hi-PEDs).
“From here the company will launch our AME
Service Bureau. There we shall convert digital electronic CAD/CAM
files into sophisticated Hi-PEDs, ready to be installed in
electronic assemblies and connected to electrical power,” said Yoav
Stern, Nano Dimension’s newly appointed CEO. “South Florida
attracts our interest as it encompasses an attractive work
environment and workforce, as well as being a central point between
North America, Latin America and Europe. Our technical support and
application engineering teams in South Florida will supply
maintenance services to our customers, which includes defense
contractors as well as the aerospace industry and other government
agencies.”
Starting March 19, 2020, Nano Dimension’s U.S. HQ will be
located at: 6413 Congress Avenue, Suite 110, Boca Raton, FL
33487.
About Nano Dimension
Nano Dimension (Nasdaq, TASE: NNDM) is a
provider of intelligent machines for the fabrication of
Additively Manufactured Electronics (AME). High fidelity active
electronic and electromechanical subassemblies are integral
enablers of autonomous intelligent drones, cars,
satellites, smartphones, and in vivo medical devices. They
necessitate iterative development, IP safety, fast time-to-market
and device performance gains, thereby mandating AME for in-house,
rapid prototyping and production. Nano Dimension machines
serve cross-industry needs by depositing proprietary consumable
conductive and dielectric materials simultaneously, while
concurrently integrating in-situ capacitors, antennas, coils,
transformers and electromechanical components, to function at
unprecedented performance. Nano Dimension bridges the gap between
PCB and semiconductor integrated circuits. A revolution at the
click of a button: From CAD to a functional high-performance AME
device in hours, solely at the cost of the consumable
materials. 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
moving its headquarters to South Florida, better serving customers,
providing AME services locally from the United States, and hiring
additional personnel. 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
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