Nano Dimension Launches NaNoS (“NaNo-Services”) Digital Fabrication for Prototyping of 3D-Printed Electronics in its new ...
April 20 2020 - 2:30AM
Nano Dimension Ltd.
(Nasdaq, TASE: NNDM),
a leading
Additively Manufactured Electronics (AME) / Printed Electronics
(PE) provider, announced today that NaNoS, its fabrication
facility for converting customers’ designs to proof-of-concepts,
prototypes and short production runs of
High-
Performance
Electronic
Designs
(Hi-PEDs) is fully operational in Nano Dimension’s USA HQ in South
Florida. The Company is expanding similar NaNoS operations for APAC
in Hong Kong and for Europe in Israel.
Shortening supply chain emerges as an urgent
need of the electronic industry, coming into focus as a result of
the current events. Overnight fabrication capability will now be
available for North American customers. NaNoS only uses AME and PE,
and accordingly it will be a unique service for the needs of a wide
range of Hi-PEDs.
One of NaNoS’s first successful orders was
prototyping PCBs, used for new breathing-support-ventilators in
order to answer the present crisis, demanding fast response and
short supply chain. Nano Dimension has successfully printed,
overnight, fully functional PCBs for this purpose.
Simultaneously, direct sales, customer care,
application engineering support, technical support and
accounts-management will be performed by Nano Dimension teams from
the new HQ in South Florida. The direct sales channel represents
Nano Dimension’s goal to be in interactive ongoing contact with
prospects and customers.
“Supporting DragonFly LDM machines’ sales and
the new NaNoS is our transition to direct sales channel strategy,
now in execution in cooperation with only selected high-quality
resellers. It is aimed to enable us to be swifter in
providing optimal solutions for specific needs of prospects and
customers for printed electronics,” said Amit Dror, co-Founder and
Chief Customer Success Officer of Nano Dimension. “We intend to
leverage the recent trends, following the recent events, leading to
shortening the supply chains and bringing back production to the
United States and Europe. Our DragonFly LDM digital
prototyping-fabrication machines are a fast-to-market, ecologically
friendly and economically efficient solution to complement or
replace low-cost high-volume manufacturers in Asia. The ability to
protect IP and electronic designs in-house and economically develop
high-mix-low volume production capabilities in a short-supply-chain
are an important added value proposition for customers wishing not
to be exposed and dependent.”
About Nano Dimension
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.
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 establishment of NaNoS, expanding similar NaNoS operations for
APAC in Hong Kong and for Europe in Israel, that overnight
fabrication capability will be available for North American
customers, services to be performed by Nano Dimension teams from
the HQ in South Florida, that the transition in direct sales
channel strategy will enable Nano Dimension to be swifter in
providing optimal solutions for specific needs of prospects and
customers in printed electronics, leveraging recent trends, and
shortening the supply chains and bringing back production to the
United States and Europe. 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 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 CONTACT Yael Sandler,
CFO |
ir@nano-di.com
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