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 has hired Lazard Ltd. (“Lazard”) as an advisor for strategic mergers & acquisitions (M&A) and for addressing Bistricer/Murchinson Ltd.’s challenges to the Company’s value creation strategy for all shareholders. Lazard has been working with the Company on potential transformative acquisitions and growth maximization strategies, in furtherance of the Company’s previously announced M&A master plan, complementing the advice provided to the Company by other advisors.
In addition to the above, the Company remains focused on its primary mission: to accelerate the growth of its business, and to leverage its unique market position and seize organic and inorganic opportunities for meaningful shareholder value creation. The current strategy has led to a growth in annual revenues at a rate of over 1,000% between the years 2020 and 2022, while preserving over $1 billion in cash.
Yoav Stern, Chairman and Chief Executive Officer, commented, “Our board of directors and management are excited to enter this new chapter of Nano Dimension’s journey. The Company’s mission continues to be to create the clear AM market leader and to transform AM, AM Electronics and adjacent industrial non-digitized sectors into an environmentally friendly and economically efficient additive manufacturing Industry 4.0. 2022 was a turning point for our Company, both from a strategic and financial standpoint and we do not want Bistricer/Murchinson’s efforts to prematurely undermine the maximization of long-term value creation for all shareholders. Looking forward we are focused on reinvesting the capital that has been generated from our ongoing efforts in order to accelerate our development and growth, advance toward profitability and capture highly strategic and value-creating M&A consolidation opportunities.”
ARLINGTON, VA – The Additively Manufactured Prototypes (AMP) for Hardware Technology Protection (HTP) has been awarded utilizing the Strategic & Spectrum Missions Advanced Resilient Trusted Systems (S²MARTS) Other Transaction Authority (OTA) vehicle. The Naval Surface Warfare Center, Crane Division has awarded $1.6 Million to Mercury Systems, Raytheon, Charles Stark Draper, Johns Hopkins University Applied Physics Laboratory, and Lockheed Martin to produce a prototype that will further Additive Manufacturing (AM) and Technology Protection (TP) collaboration through enhanced capabilities focused on novel sensors, secure packaging, and integrated board-level protection.
Recently, exponential advancements have been made in AM technologies but application in the TP domain has been limited due to the lack of cross-partnerships between the two technology areas, as well as lack of specified funding to support their integration, two issues that AMP HTP aims to address. Through the AMP HTP prototype project, the DoD Anti-Tamper experts are seeking to build upon 3D structures. The focus tech areas in this prototype project include advancements to additive manufacturing (AM), technology protection (TP), 3D printing, hybrid printed electronics, printed electronics, hardware protection, and volume protection.
The prototype will be executed in two phases. Phase 1 will focus on the discrete application of AM, minimizing negative impacts to the system, as well as demonstrate the uniqueness of the TP solution. Phase 2 of the prototype will emphasize the solution’s feasibility, focusing on maturing the complexity of the solution, as well as quantifying its accuracy, precision, yield, and environmental stability. Upon successful completion of the project, the performers will have produced a prototype that demonstrates one or more AM techniques to protect a specified substrate against one or more TP threats.
The AMP HTP project is preceded by the Additive Manufacturing (AM) for Technology Protection (TP) prototype project, which was also employed through the S²MARTS OTA vehicle. The AMTP project was awarded in June 2021 to General Electric, Johns Hopkins Applied Physics Laboratory, Lockheed Martin, Mercury Systems, ReLogic Research, and Charles Stark Draper Laboratories in the amount of $630,000. Key differences in the projects are the expected funding and the period of performance, both of which were larger in the AMP HTP project to promote greater diversity and complexity in the solutions.
“Through both the AMPHTP and the AMTP prototype projects, significant developments will be made to the additive manufacturing and technology protection technologies,” stated Doug Crowe, Director of the NSTXL S²MARTS OTA. “The fact the S²MARTS OTA was able to successfully execute on two projects focusing on AM and TP also propels the ecosystem in these complementary technology areas,” he added.
Both prototyping efforts provide the opportunity for the AM and TP communities to collaborate on innovative AM technologies to meet current and future TP mission needs.
WEST CHICAGO, IL – PCB fabricator American Standard Circuits has recently purchased and installed a new Burkle LAMV 125 thermal oil heated lamination press.
This state-of-the-art solution from Burkle incorporates the latest technology. Details of the thermal oil heated press, type LAMV include:
Press range: 20 tons – 2000 tons
Hydraulically operated
Thermal oil heated and cooled
Vacuum available
Operating temperatures up to 385° C
Platen size up to 1.400 x 2.350 m.
“This new press will give us the layer-to-layer registration and lamination thickness that we need as we continue to raise our level of technology. This will also prove beneficial when it comes to tighter registration as well as drilling accuracy for both location and depth-controlled drilling,” commented ASC President and CEO Anaya Vardya.
ROME, NY – The EOS/ESD Association, Inc. (ESDA) announces the release of ESD and Latch-up Challenges – An Outlook until 2030, a white paper focused on four essential areas to enable the technical advances of the coming years. EOS/ESD Association, Inc. provides a vision and roadmap for research and development (R&D) and education in the field of ESD and latch-up. The document guides academic institutions and research centers toward the relevant topics in ESD and latch-up. The white paper further provides a framework and the background for successful applications for R&D funding by academic institutions. Each topic is introduced together with the individual research challenges that need to be solved in the coming years to advance the knowledge in ESD and latch-up.
The European Union (EU) commission and the United States (US) government are stimulating their home-grown semiconductor manufacturing capabilities and capacities. For this effort, they strongly support the expansion of European and American semiconductor manufacturing, including constructing new semiconductor production facilities in the EU member countries and the US.
The White Paper identifies research challenges, provides an industry outlook, and establishes collaborations across industry and academia in the field of electrostatic discharge (ESD) and latch-up. In support of digitalization and decarbonization in a transforming worldwide economy, the white paper addresses essential areas necessary for these critical technical advances.
Executive Director Lisa Pimpinella of EOS/ESD Association, Inc. said, “The EOS/ESD Association, Inc. is the independent association with the technical expertise to provide the roadmap for research and development (R&D) and education in electrostatic discharge (ESD) and latch-up. We support academia in their funding efforts as they define proposals addressing the topics named in this White Paper. As an association that combines representatives from all of the major semiconductor companies in the world, we want to highlight the criticality of research, development, education, and funding to ensure electrostatic discharge is recognized and the major thrust behind reliability.”
The White Paper consists of four focus areas essential for technological advances of the future. Advances in CMOS technologies, applications of new materials such as III/V compound semiconductors, Electrical Design Automation (EDA), and an outlook on challenges in ESD manufacturing control and testing.
EOS/ESD Association, Inc., founded and located in Rome, NY, in 1982, focuses on providing electrostatic discharge awareness, education, controls, and prevention.
FOUNTAIN INN, SC – KYOCERA AVX, a leading global manufacturer of advanced electronic components engineered to accelerate technological innovation and build a better future, is proud to announce that its MIL-PRF-32535 BME NP0 MLCCs have been approved to the Defense Logistics Agency (DLA) Qualified Products Database (QPD).
The new MIL-PRF-32535 BME NP0 MLCCs have higher CV capabilities than standard surface-mount PME MLCCs qualified to military and aerospace specifications and are currently available in “M” and “T” reliability levels and 0402, 0603, and 0805 case sizes and rated for 68–1,500pF and 4–100V. These small, high-CV MLCCs enable revolutionary board space, weight, and component count reductions. They also feature KYOCERA AVX’s patented FLEXITERM® termination technology, which, compared to standard terminations, significantly enhances resistance to the thermomechanical stresses experienced during assembly and operation.
MIL-PRF-32535 BME NP0 MLCCs are approved for use in high-reliability military and aerospace applications including filtering, tuning, decoupling, timing, and blocking circuits.
“We have been honing and perfecting best-in-class BME MLCC technology since the 1990s and are proud to further extend our portfolio of tested and proven high-CV solutions qualified for use in high-reliability military and aerospace applications,” said Michael Conway, Product & Marketing Manager – High-Reliability Components, KYOCERA AVX. “The new MIL-PRF-32535 BME NP0 series is the latest development in our enduring mission to meet our high-rel customers’ needs. It satisfies a growing demand for smaller, high-CV, military-qualified capacitor technology, and we will continue to expand this product range and this portfolio to meet the ever-evolving demands of the global military and aerospace industry.”
Lead time for the series is currently 22 weeks for M-level reliability parts (Group A) and 38 weeks for T-level reliability parts (Groups A and B). However, lead times could be shorter if the parts are in stock at an authorized distributor, such as Avnet, Arrow, and TTI.
For prototype and verification designs, KYOCERA AVX recommends the use of its Engineering Module (EM) Range X7R BME MLCCs for non-flight prototypes. This series covers capacitors in the ESCC 3009041, NASA S311-P838, and MIL 32535 ranges and uses the same materials as the fully qualified part numbers, just without the final DLA and European Space Components Coordination (ESCC) testing and screening processes and QPD/QPL listings, so it’s available with shorter lead times.
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 the notice of special general meeting of the Company’s shareholders issued by Murchinson Ltd. (“Murchinson”) on February 13th, 2023 (the “Illegal Notice”) failed to comply with core requirements under applicable law and thus was made without any underlying legal right to do so. Accordingly, the Illegal Notice will be disregarded by the Company.
Shareholders are warned: Do not follow the instructions made in Bistricer’s Murchinson’s Illegal Notice. As previously announced on January 30th, 2023, the demand by Murchinson and Mark Bistricer to call a special shareholders meeting was rejected due to the failure of Murchison to comply with the requirements set forth under the Israeli Companies Law for calling such a meeting. Similarly, the Illegal Notice is not compliant with the Israeli Companies Law and should be disregarded by shareholders.
Only The Company will inform its shareholders if and when a valid meeting will be held.
Bistricer’s Murchinson has a repetitive record of stock manipulations and violations of law, and legal proceedings with regulatory authorities: Mr. Bistricer was accused, this month, of unjust enrichment to Mr. Bistricer’s Saline...the retail investors never knew… [they] were deprived of their rights.
Given the above, the Board of Directors of Nano Dimension (the “Board”) is committed to carefully examine any demand made by shady Bistricer’s Murchinson as well as their conduct surrounding the Company in order to protect the rights of all of Nano Dimension’s shareholders and for the benefit of the Company.
The Board is acting, and will continue to act, to upkeep the adequate corporate governance in the Company, in accordance with the applicable laws and regulations in Israel and the United States as well as with the Company’s articles of association in order to protect the company and its shareholders’ rights.
