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 that it received a purchase order for its newest AME system, the DragonFly® IV, from the Fraunhofer-Gesellschaft, a leading German research institution.
The sale is the result of a strategic relationship between Nano Dimension and the Fraunhofer Research Institution for Individualized and Cell-Based Medical Engineering (“Fraunhofer IMTE”) (www.imte.fraunhofer.de), which is one of the many groups in Fraunhofer-Gesellschaft. This sale will send the Company’s most advanced AME system to the Fraunhofer IMTE, which intends to use it for research and development projects in the field of medical electronics and instrumentation.
The Fraunhofer-Gesellschaft, based in Germany, is the world’s leading applied research organization. Prioritizing key future-relevant technologies and commercializing its findings for business and industry, it plays a major role in the innovation process. Founded in 1949, the Fraunhofer-Gesellschaft currently operates 76 institutes and research units throughout Germany. Over 30,000 employees, predominantly scientists and engineers, work with an annual research budget of €2.9 billion (approximately $3.1 billion).
The DragonFly® IV system is the ideal technology for Fraunhofer IMTE use cases. It enables specialty applications for High-Performance-Electronic-Devices (Hi-PEDs®) by simultaneously depositing proprietary conductive and dielectric substances, while integrating in-situ capacitors, antennas, coils, transformers, and electromechanical components. Such Hi-PEDs® are critical enablers for a range of applications, including 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.
Professor Matthias Gräser, Department Head Diagnostics at Fraunhofer IMTE, shared, “We are pleased to work with Nano Dimension, given how their 3D printer for electronics, the DragonFly® IV, will enable us to design and manufacture electrical components that will complete our platform for Medical 3D-Printing and drive our research and development work forward. With a system such as Nano Dimension’s we can overcome design limitations and optimize development processes in terms of time and costs.”