Nano Dimension Reports Customers’ Vote of Confidence in the Recently Released DragonFly LDM Machines
March 10 2020 - 8:38AM
Nano Dimension Ltd.
(Nasdaq, TASE: NNDM),
a leading Additively Manufactured Electronics (AME)
provider, today announced detailed information about
customers’ upgrades of older Pro machines into the 24/7 DragonFly
LDM machines.
Yoav Stern, President and Chief Executive
Officer of Nano Dimension stated: “The previous Pro machines
had certain reliability and MTBF (mean time between failures)
issues, and it is highly encouraging that out of the 46 older
DragonFly Pro machines, sold during 2018-2019, customers are
choosing to upgrade them to the DragonFly LDM. Those are the first
‘commercial 24/7 AME machines’ which were released only in the
summer of 2019. 41% of our previous customers have chosen to
pay-for-upgrade, and additional 45% are in process. No doubt, this
is a tremendously important validation for the evolution of Nano
Dimension’s concept for High
Performance Electronic
Devices fabrication by digital AME machines”.
About Nano Dimension Ltd.
Nano Dimension (Nasdaq, TASE: NNDM) is a
provider of intelligent machines for the fabrication of
Additively Manufactured Electronics (AME). High fidelity active
electronic and electromechanical subassemblies are integral
enablers of autonomous intelligent drones, cars,
satellites, smartphones, and in vivo medical devices. They
necessitate iterative development, IP safety, fast time-to-market
and device performance gains, thereby mandating AME for in-house,
rapid prototyping and production. Nano Dimension machines
serve cross-industry needs by depositing proprietary consumable
conductive and dielectric materials simultaneously, while
concurrently integrating in-situ capacitors, antennas, coils,
transformers and electromechanical components, to function at
unprecedented performance. Nano Dimension bridges the gap between
PCB and semiconductor integrated circuits. A revolution at the
click of a button: From CAD to a functional high-performance AME
device in hours, solely at the cost of the consumable
materials. For more information, please visit
www.nano-di.com.
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the Private Securities Litigation Reform Act of 1995 and other
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“anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates”
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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 10, 2020, 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
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