Nano Dimension Ltd. (“Nano Dimension”, Nasdaq: NNDM), an
industry-leader in
Additively
Manufactured
Electronics
(
AME),
Printed
Electronics (
PE), and
Micro
Additive
Manufacturing
(
Micro-
AM), announced today that
it has sold yet another DragonFly IV 3D-AME Printer and FLIGHT
Applications Software package, both first released in mid-November
2021, to a leading Western Defense Force.
Nano Dimension is the leading provider of
intelligent machines for the fabrication of AME. The new DragonFly
IV system, combined with FLIGHT application software, has been well
received in the electronics sector since it launched.
Customers are recognizing that DragonFly IV with FLIGHT application
software delivers new levels of quality, efficiency, and print
resolution in the 3D printed electronics sector, providing
increased flexibility to design any 3D geometry and create
innovative new products.
DragonFly IV is a Dielectric &
Conductive-Materials Additive Manufacturing System aimed
at the fabrication of High-Performance Electronic Devices
(Hi-PEDs®) by depositing the proprietary materials simultaneously,
while concurrently integrating in-situ capacitors, antennas, coils,
transformers, and electro-mechanical components.
Amit Dror, Nano Dimension Co-Founder and Chief
Customer Success Officer commented: “The accelerated pace of sales
of the new DragonFly IV and FLIGHT application software package is
an encouraging sign for market acceptance of this unique product.
It delivers unparalleled abilities to print 3D electronic devices
and opens the pathway to re-imagining new designs for printed
electronics that can only be accomplished additively. We
believe that soon the term Printed Circuit Board (PCB) will be
replaced by PCC (Printed Circuit Cube).” Mr. Dror continued,
“Nano Dimension spent the second half of 2021 investing in a
modern, digital, global marketing organization and has paired that
with a more robust sales presence in the Americas region that has
deep electronics industry experience. This investment is expected
to accelerate demand, shorten sales cycles, and provide much
broader exposure to its innovative suite of products and solutions,
which is expected to lead to increased revenue.”
About Nano Dimension
Nano Dimension’s (Nasdaq: NNDM) vision is to
transform the electronics and similar additive
manufacturing sectors through the development and delivery
of environmentally friendly and 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 eco-friendly 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 IV® system serves
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 IV®, 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), microfluidics, and life
sciences instruments.
For more information, please visit
www.nano-di.com.
In November 2021, Nano Dimension announced the
acquisition of Essemtec AG, located in Lucerne
Canton, Switzerland. Essemtec develops production equipment for
electronic assembly. The company’s core business is in adaptive,
highly flexible surface-mount pick-and-place equipment, materials
dispenser suitable for both high-speed dispensing and
microdispensing as well as an intelligent production material
storage and logistics system. Read more at:
https://investors.nano-di.com/press-releases/news-details/2021/Nano-Dimension-Acquires-Essemtec-AG-Surface-Mount-Pick--Place-Systems-Supplier-for-the-PCB-and-OEM-Industries/default.aspx.
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 the accelerated
pace of sales and market acceptance of the new DragonFly IV and
FLIGHT application software package, the ability of Nano Dimension
to transform the AME and AM sectors into an environmentally
friendly and economically efficient AM Industry 4.0, the ability of
DragonFly IV with FLIGHT application software to enable customers
to print on-demand, anytime, anywhere, Nano Dimension’s expectation
that Nano Dimension’s investments in its marketing organization and
sales presence will accelerate demand, shorten sales cycles, and
provide much broader exposure to its products and solutions, and
lead to increased revenue. 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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