Nano Dimension’s Chairman & CEO on Capital Allocation Considerations
March 16 2023 - 1:45PM
Nano Dimension Ltd. (
Nasdaq: NNDM, “Nano Dimension”, “NANO”
or the “Company”), a leading supplier of
Additively
Manufactured
Electronics (“AME”) and
multi-dimensional polymer, metal & ceramic
Additive
Manufacturing (“AM”) 3D printers, released a video in which
Yoav Stern, Chairman and Chief Executive Officer of the Company,
shares how Nano Dimension thinks about delivering revenue and
profit to shareholders through Buy (M&A) vs. Build (R&D)
Strategies specifically about potentially buying Stratasys Ltd.
(“Stratasys”) and/or other companies versus allocating capital for
internal development R&D, Go-To-Market, Channel development,
Marketing, Operations etc.
Yoav Stern gives an in-depth insight into one of
the most important decisions a business leader must make, after
choosing the right people to work with: Capital Allocation. Yoav,
the board of directors, and the management are continuously
analyzing and adapting this decision to the changing business
ecosystem, in order to eventually deliver the best value for
shareholders. i.e,
- Acquire and merge Stratasys into NANO.
- Acquire and merge with one of several other advanced
opportunities in the pipeline – either in addition to Stratasys or
instead of it.
- More investment in our internal, existing products and
services, go-to-market and channels.
- Maximize profits for the short term, before investing in
acceleration of top line.
- Other uses of capital.
Click here to watch the video: https://youtu.be/K5qrqwdkquE
A series of other videos are also available on
Nano Dimension’s YouTube channel:
https://www.youtube.com/@NanoDimension.
About Nano Dimension
Nano Dimension’s (Nasdaq: NNDM) vision is to transform existing
electronics and mechanical manufacturing into Industry 4.0
environmentally friendly & economically efficient precision
additive electronics and manufacturing – by delivering solutions
that convert digital designs to electronic or mechanical devices -
on demand, anytime, anywhere
Nano Dimension’s strategy is driven by the application of deep
learning based AI to drive improvements in manufacturing
capabilities by using self-learning & self-improving systems,
along with the management of a distributed manufacturing network
via the cloud.
Nano Dimension serves over 2,000 customers
across vertical target markets such as aerospace & defense,
advanced automotive, high-tech industrial, specialty medical
technology, R&D and academia. The company designs and
makes Additive Electronics and Additive Manufacturing 3D
printing machines and consumable materials. Additive Electronics
are manufacturing machines that enable the design and development
of High-Performance-Electronic-Devices (Hi-PED®s). Additive
Manufacturing includes manufacturing solutions for production of
metal, ceramic, and specialty polymers based applications - from
millimeters to several centimeters in size with micron
precision.
Through the integration of its portfolio of
products, Nano Dimension is offering the advantages of rapid
prototyping, high-mix-low-volume production, IP security, minimal
environmental footprint, and design-for-manufacturing capabilities,
which is all unleashed with the limitless possibilities of additive
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
its vision to transform additive electronics and additive
manufacturing. 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 31, 2022,
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
Investor Relations | ir@nano-di.com
Nano Dimension (NASDAQ:NNDM)
Historical Stock Chart
From Mar 2024 to Apr 2024
Nano Dimension (NASDAQ:NNDM)
Historical Stock Chart
From Apr 2023 to Apr 2024