NESS ZIONA, ISRAEL – 3D printing company Nano Dimension reported a net loss in the first quarter of 2016 of $1.8 million, compared to $766,000 in the same period of 2015.

 The company ended the first quarter with $7.63 in cash and cash equivalents; quarterly expenses were $1.8 million, compared to $257,000 in the same period in 2015.

“A standout moment from the quarter was the company’s listing on the NASDAQ in March,” said Amit Dror, CEO of Nano Dimension. “In addition, the company filed for several new patents to advance its proprietary technologies and announced a new collaboration with Tel Aviv University.”

Nano Dimension also signed an agreement with Flextronics, which will serve as the primary manufacturer and supplier of the DragonFly2020 3D printer.