Correction: Nano Dimension Announces Breakthrough in Materials Critical for Additively Manufactured Electronics
November 14 2023 - 3:01PM
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 printing
solutions, today announced a breakthrough in the
development of a material that is a critical enabler for the
advancement of additively manufactured electronics (AME).
Materials, which are commonly known as consumables, are an
important factor in the success of additive manufacturing at
industrial scale. The functionality of the materials and their
acceptance according to industry standards are both critical. Nano
Dimension’s launch of INSU200, a dielectric ink boasting
industry-leading thermo-mechanical properties, addresses both with
increased functionality and greater alignment with industry
standards, even going so far as to set new standards. In terms of
functionality, the new material can withstand the rigorous demands
of Restriction of Hazardous Substances (“ROHS”) compliant reflow
soldering processes. With regards to industry standards, the new
material aligns with a number of reliability standards set by IPC,
the leading global association for the electronics industry, and
the FED (Fachverband Elektronik-Design e.V.) in Europe.
Nano Dimension’s materials breakthrough is the result of a
concerted effort by the Company, which has made materials science
and development a core focus of its resource allocation strategy.
This is evident in the approximate forty scientists and engineers
working at the Company working across materials dedicated research
facilities and labs in Germany and Israel.
Customers and industry stakeholders will have the opportunity to
see this material first-hand at the Productronica Conference in
Munich, Germany on November 14-17. INSU200 will be available for
customers in Q1 of 2024.
Yoav Stern, Chief Executive Officer and a member of the Board of
Directors of Nano Dimension, added: “We are proud to share this
breakthrough in materials with our customers and the industry. When
we set out a strategic plan in 2021, materials development was a
core focus for our R&D team. The reality of additive
manufacturing is that no matter how good the printer may be,
materials must also be leading. This development achieves just that
with improved functionality and critical industry standard
adherence without which wider adoption would be greatly
limited.”
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 has served 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 launch of INSU200 and its expected release to the market during
the first quarter of 2024. 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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