The current install base and the revenues the Company recognized so far validates the needs for Nano Dimension’ technology and the significant value-add for its global customers
NESS ZIONA, Israel, October 23, 2019 – Nano Dimension Ltd., a leading additive electronics provider (NASDAQ, TASE: NNDM), today announced it has reached a major milestone of selling more than 50 systems worldwide since the launch of its commercials sales in Q4 2017.
The recent sales of Nano Dimension include two sales to leading customers in Europe, one is a government authority of one of the major tech-leading countries in Europe in the defense sector, and the second is a leading tech corporation.
“We are excited to announce the sale of our 50th DragonFly system for additive manufacturing of electronics. Nano Dimension started with a breakthrough idea to change the way the electronics are made and to offer new solutions to develop innovative smart products,” said Amit Dror, CEO of Nano Dimension. “I'm proud that our dream has become a reality, as our global customers from various industries validate our unique technology by adopting our solutions and using them to develop and manufacture never-seen-before applications. We celebrate this important milestone as we continue to focus on increasing our global reach and our customer base.”
To date, Nano Dimension has sold a total of 51 systems to leading companies worldwide, from a variety of industries, such as defense, tech, electronics, research, and more. Sales were conducted directly and through the Company’s resellers, in three main geographies: US, EMEA (Germany, UK, Italy, France, Czech Republic, Belgium, Turkey, Russia) and Asia-Pacific (China, Korea, Taiwan, Hong-Kong, Japan, Australia).
About Nano Dimension
Nano Dimension (Nasdaq, TASE: NNDM) is a leading electronics provider that is disrupting, reshaping, and defining the future of how cognitive connected products are made. With its unique 3D printing technologies, Nano Dimension is targeting the growing demand for electronic devices that require increasingly sophisticated features. Demand for circuitry, including PCBs - which are the heart of every electronic device - covers a diverse range of industries, including consumer electronics, medical devices, defense, aerospace, automotive, IoT and telecom. These sectors can all benefit greatly from Nano Dimension’s products and services for rapid prototyping and short-run manufacturing. For more information, please visit www.nano-di.com.