WALTHAM, MA – Nano Dimension Ltd. (Nasdaq: NNDM, “Nano Dimension” or the “Company”), a leading supplier of Additively Manufactured Electronics (“AME”) and multi-dimensional polymer, metal & ceramic Additive Manufacturing (“AM”) 3D printers, announced today the sale of its newest AME system, the DragonFly® IV, to Northeastern University.
This transaction demonstrates the Company’s success in supporting academic institutions, who are most often at the forefront of innovation. Northeastern University will be the first Massachusetts-based university to acquire this technology. Nano Dimension moved its U.S. based offices to the Boston area earlier this year to put its hi-tech solutions at the center of one of the world’s leading innovation hubs.
The DragonFly IV® system and specialized materials serve cross-industry High-Performance-Electronic-Devices (Hi-PEDs®) fabrication needs by simultaneously depositing proprietary conductive and dielectric substances, while integrating in-situ capacitors, antennas, coils, transformers, and electromechanical components. The outcomes are Hi-PEDs® which are critical enablers of autonomous intelligent drones, cars, satellites, smartphones, and in vivo medical devices. In addition, these products enable iterative development, IP safety, fast time-to-market, and device performance gains.
Dale Baker, Nano Dimension President of Americas and Head of Worldwide Sales & Marketing, said, “We are pleased that Northeastern University has chosen our latest electronics 3D printer, and we appreciate their confidence in our technology and products. We are committed to supporting the students and faculty of this leading institution as they explore and develop the concept of three-dimensional design.”