Nano Dimension to Showcase Notable Progress in Micro-AM at Industry Leading Conference – RAPID + TCT – With Next-Gen Product Launch, New Materials, and New Strategic Customer – TTH
April 27 2023 - 8:30AM
Nano Dimension Ltd. (
Nasdaq: NNDM, “Nano Dimension” or the
“Company”), a leading supplier of
Additively
Manufactured
Electronics (“AME”) and
multi-dimensional polymer, metal & ceramic
Additive
Manufacturing (“AM”) 3D printers, today announced several
notable milestones relating to its growing micro additive
manufacturing (“Micro-AM”) business, which includes the launching
of its next-generation system, additional materials, and a new
strategic customer - The Technology House (“TTH”). The systems,
materials, and customer can be seen at RAPID + TCT, the largest
North American additive manufacturing conference, that takes place
in Chicago, Illinois, USA in May 2-4.
The suite of announcements comes out of Nano
Dimension’s Fabrica Group, which focuses on high-precision additive
manufacturing and complements the Company’s long-history in 3D
printing electronics solutions.
Nano Dimension will have several products on
display including its newest Micro-AM system in its Giga line,
along with its Tera line. Both systems are capable of micron-level
resolution that is valued by OEMs, micro-manufacturers, and
research and development centers. The Digital Light Processing
(DLP) technology that underpins these systems enables the critical
advantages of additive manufacturing; namely rapid prototyping,
high-mix-low-volume production, IP security, and a minimal
environmental footprint. The Giga line is designed for prototyping,
while the Tera line is used for higher volume production. In having
different systems with different use cases, customers are sure to
find the system that best suits their strategic needs.
The Company is also debuting three new materials
with various capabilities that will open up more application sets.
The materials include: a durable versatile acrylonitrile butadiene
styrene (ABS) like material that enables strong structural
integrity; an advanced material that is rigid and transparent and
can be produced with a high level of accuracy; and a composite
ceramic-loaded material with upgraded properties that offers
high-wear resistance for demanding applications.
As an indication of Nano Dimension’s growing
momentum in Micro-AM, TTH, a leading digital manufacturer and
recent customer of Nano Dimension, will also be present at the
event. TTH is a leader in design-to-manufacturing with a range of
fabrication capabilities for industrial-level customers. TTH has
been a close partner of Nano Dimension in the development of its
systems.
Dale S. Baker, President of Nano
Dimension-Americas and Head of Worldwide Sales & Marketing,
stated, “We are excited to share several points that highlight the
successes we are making in customer traction and R&D. Firstly,
we are thrilled that TTH has chosen Nano Dimension as a key
provider in their advanced manufacturing capabilities. We are also
looking forward to sharing our newest system and materials with the
industry. So much of additive manufacturing comes down to
materials, and what we will showcase will certainly open up new
possibilities.”
Rapid + TCT participants who visit Booth 2424
will also see the DragonFly® IV AME system, the leader
in additively manufactured electronics (AME) to produce electronic
components; the Admaflex 300, an innovator in DLP for
ceramic and metal industrial parts; and the Atlas® Software
Suite that controls market leading printing systems used
worldwide in additive manufacturing applications.
About Nano Dimension
Nano Dimension’s (Nasdaq: NNDM) vision is to
disrupt electronics and mechanical manufacturing with
an environmentally friendly & economically
efficient electronics and precision additive manufacturing
Industry 4.0 solution - transforming digital designs into
functioning electronic and 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
the Company’s growing momentum in Micro-AM and its strategic push
into high-precision AM. 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 30, 2023,
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
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