Nano Dimension to Deliver Fabrica 2.0 System to a Leading Western Homeland Security Agency, under a $1.5M Contract for Machine utilization
October 05 2021 - 9:15AM
Nano Dimension Ltd. (Nasdaq: NNDM), (“Nano Dimension”) an
industry leading
Additively
Manufacturing
Electronics
(
AME) & Additively Manufactured (AM)
3D-Structures’ Formation systems provider, announced today that it
has met the final milestone to complete the delivery of its Fabrica
2.0 System for micro precision additive manufacturing to a leading
Western Homeland Security Agency.
Dr. Jon Donner, Head of Nano Dimension’s Fabrica
Group, stated, “This is a highly important sign that, as planned,
our Fabrica 2.0 System is moving into the commercial stage as the
leading technology solution to replace traditional production
processes. The customer was the first of our three Beta sites and
has been working with us over the last year on mutual commercial
projects.”
Using Nano Dimension’s Fabrica 2.0 technology,
customers can benefit from the inherent advantages that additive
manufacturing offers: increasing complexity with no increase in
cost, eliminating expensive tooling, reducing part counts and the
need for assembly, reducing time-to-market, easing revision of part
design, providing opportunities for mass customization, and
reducing waste and energy costs.
Yoav Stern, Chairman and Chief Executive Officer
of Nano Dimension, added, “We are excited that this important
milestone with such an important and strategic customer can be
shared, so others can appreciate the value of these machines. The
Fabrica 2.0 System empowers users to perform high-mix/low-volume
production runs where the cost of traditional tooling would render
projects non-viable. A main area of interest is the production of
direct rapid soft tooling (DRST) printed on the Fabrica 2.0 System,
which facilitates prototyping and low volume production without the
usual lead times and costs associated with traditional plastic
processing technologies, while also enabling new geometrical
complexities. Prior to the launch of the Fabrica 2.0 System, DRST
had been regarded as sub-optimal when viewed through the prism of
surface finish, precision, accuracy, and repeatability, while the
number of materials that could be processed has also been a
limiting factor. Fabrica 2.0 micro additively manufactured process
addresses these challenges to reach micron-level resolution,
produce high surface finish, and reduce the time-consuming and
costly need to cut steel.”
Mr. Stern concluded, “Nano Dimension has
succeeded in injecting widespread industrial thermoplastic
materials such as Polypropylene (PP), Polyethylene (PE) and
Acrylonitrile butadiene styrene (ABS) into a 3D-printed mold that
was manufactured by Fabrica 2.0 systems, with a new proprietary
material that Nano Dimension has developed.”
About Nano DimensionNano
Dimension’s (Nasdaq: NNDM) vision is to transform the
electronics and similar additive manufacturing
sectors into an environmentally friendly &
economically efficient additive manufacturing Industry 4.0
solution, while enabling a
one-production-step-conversion of digital designs
into functioning devices - on demand, anytime, anywhere.
Nano Dimension plans to execute on this vision
by building an ecofriendly and intelligent distributed network of
additively manufacturing self-learning & self-improving
systems, which are designed to deliver a superior ROI to their
owners as well as to Nano Dimension shareholders and
stakeholders.The DragonFly LDM® 3D printing
systems serve cross-industry High
Performance Electronic
Devices
(Hi-PEDs®) fabrication needs, by depositing
proprietary conductive and dielectric materials simultaneously,
while concurrently integrating in-situ capacitors, antennas, coils,
transformers, and electromechanical components. The outcomes are
Hi-PEDs® which are integral enablers of autonomous
intelligent drones, cars, satellites, smartphones, and in vivo
medical devices. These products enable iterative development, IP
safety, fast time-to-market, and device performance gains.
With DragonFly LDM®, a revolution happens at the click of a
button, allowing customers to go from CAD to a functional device in
a matter of hours instead of weeks; creating products with better
performance; reducing the size and weight of electronic parts and
devices; enabling innovation; and, critically important, protecting
IP, all the while limiting environmental pollution and chemical
waste.
Nano Dimension’s Fabrica 2.0
micro additive manufacturing system enables the production of
microparts based on a Digital Light Processor (DLP) engine that
achieves repeatable micron levels resolution. The Fabrica 2.0 is
engineered with a patented array of sensors that allows a closed
feedback loop, using proprietary materials to achieve very high
accuracy while remaining a cost-effective mass-manufacturing
solution. It is used in the areas of micron level resolution of
medical devices, micro-optics, semi-conductors, micro-electronics,
micro-electro-mechanical systems (MEMS), micro fluidics and life
sciences instruments.
For more information, please visit
www.nano-di.com.
Forward Looking StatementsThis
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 that the Fabrica
2.0 system is moving into the commercial stage as the leading
technology solution to replace traditional production processes and
the benefits of the Fabrica 2.0 System. 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 11, 2021, 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 CONTACTYael
Sandler, CFO | ir@nano-di.com
U.S. Investor Relations:Dave GentryRedChip
Companies Inc.Dave@redchip.com407-491-4498 or 1-800-RED-CHIP
(733-2447)
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