Nano Dimension Receives a Purchase Order from Another U.S. Government Defense Supplier

Nano Dimension Receives a Purchase Order from Another U.S. Government Defense Supplier
Nano Dimension Ltd.

Nano Dimension Ltd.

Signing up for a Wide Array of Aerospace & Protection Clients

Waltham, Mass., Feb. 01, 2023 (Globe NEWSWIRE) — Nano Dimension Ltd. (Nasdaq: NNDM, “Nano Dimension” or the “Company”), a leading supplier of Additively Manufactured Electronics (“AME”) and multi-dimensional polymer, metallic & ceramic Additive Manufacturing (“AM”) 3D printers, declared these days that it has acquired a buy buy from a supplier to the U.S. governing administration protection market, for a DragonFly IV®, the foremost Additive Production Electronics (AME) 3D-printer.

The client is a provider to the U.S. federal government defense neighborhood, in distinct the intelligence ecosystem, enabling innovation for the subsequent technology battlespace. It leverages options developed to assist the quickly evolving technological atmosphere. This customer, like several many others, sees the DragonFly IV® as a important usually means to advance innovation in a way that other systems of electronics manufacturing are not able to attain.

The DragonFly IV® system and specialized components serve cross-industry High-Performance-Electronic-Devices (Hello-PEDs®) fabrication requirements by concurrently depositing proprietary conductive and dielectric substances, while integrating in-situ capacitors, antennas, coils, transformers, and electromechanical factors. The outcomes are Hello-PEDs® which are crucial enablers of autonomous clever drones, cars, satellites, smartphones, and in vivo health care products. In addition, these products enable iterative improvement, IP security, quick time-to-market, and unit overall performance gains. 

Yoav Stern, Chairman and Main Executive Officer of Nano Dimension, mentioned: “Many of us, almost all of Nano Dimension’s management and a majority of our workforce, have had extended and intense periods of our lives serving our nations in the protection forces, be it Air Drive, Specific Forces, Authorities Intelligence Agencies and other individuals.  As these types of, we are happy to be in a position to offer a distinctive team like this buyer with systems that will support fulfil nationwide missions when ideally cutting down dangers and conserving people’s lives.  It is an honor for us to be a small business spouse of these kinds of people today, missions, and initiatives.”

About Nano Dimension

Nano Dimension’s (Nasdaq: NNDM) eyesight is to disrupt electronics and mechanical production with an environmentally friendly & economically efficient electronics and precision additive manufacturing Business 4. alternative – transforming electronic models into working digital and mechanical equipment – on demand, anytime, anywhere. 

Nano Dimension’s technique is pushed by the software of deep mastering-centered AI to drive advancements in production abilities by working with self-finding out & self-increasing programs, together with the administration of a distributed manufacturing network by way of the cloud.

Nano Dimension serves about 2,000 customers across vertical focus on markets such as aerospace & defense, state-of-the-art automotive, significant-tech industrial, specialty medical technologies, R&D and academia. The firm models and makes Additive Electronics and Additive Manufacturing 3D printing devices and consumable resources. Additive Electronics are producing machines that enable the design and development of High-Efficiency-Electronic-Gadgets (Hi-PED®s). Additive Production includes producing methods for manufacturing of metal, ceramic, and specialty polymers-dependent purposes – from millimeters to numerous centimeters in dimension with micron precision.

By way of the integration of its portfolio of products and solutions, Nano Dimension is providing the strengths of swift prototyping, higher-mix-reduced-volume manufacturing, IP security, small environmental footprint, and design and style-for-production capabilities, which is all unleashed with the limitless possibilities of additive producing.

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Ahead Seeking Statements

This push launch has forward-on the lookout statements in the this means of the “safe harbor” provisions of the Personal Securities Litigation Reform Act of 1995 and other Federal securities guidelines. Words and phrases such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates,” and very similar expressions or versions of such text are supposed to discover forward-wanting statements. For case in point, Nano Dimension is using forward-wanting statements in this press release when it discusses its technologies that will assist fulfil national missions though ideally decreasing pitfalls and saving people’s lives and strengths, as very well as the positive aspects of the DragonFly IV® procedure. Simply because this sort of statements offer with long term gatherings and are primarily based on Nano Dimension’s recent anticipations, they are subject matter to a variety of threats and uncertainties. Real final results, general performance, or achievements of Nano Dimension could differ materially from all those explained in or implied by the statements in this press launch. The ahead-wanting statements contained or implied in this push launch are subject to other dangers and uncertainties, which include all those discussed less than the heading “Risk Factors” in Nano Dimension’s annual report on Type 20-F submitted with the Securities and Exchange Fee (“SEC”) on March 31, 2022, and in any subsequent filings with the SEC. Apart from as usually required by law, Nano Dimension undertakes no obligation to publicly release any revisions to these ahead-looking statements to replicate events or conditions immediately after the date hereof or to mirror the occurrence of unanticipated situations. References and back links to websites have been supplied as a convenience, and the facts contained on these websites is not incorporated by reference into this push release. Nano Dimension is not dependable for the contents of third-get together sites.

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Julien D. Lederman, Head of Corporate Enhancement, [email protected]