NESS ZIONA, ISRAEL – Nano Dimension expects to report record estimated revenue of $1.6 million for the third quarter of 2018, compared to $143,000 in the same period last year, up 47% sequentially.

For the nine-month period ended Sept. 30, the company expects to report revenues of approximately $3.3 million, an increase of 702.7% year-over-year.

"We are very pleased with the healthy sequential growth in revenue of approximately 47% for the quarter, driven by increased sales of end-user systems from the expansion of our global sales channel," said Amit Dror, CEO of Nano Dimension. "We expect this growth trajectory to continue during the fourth quarter and beyond as we effectively execute our revenue growth and geographical expansion plans and expand the breadth of our applications."

During the third quarter, Nano Dimension became a certified US Department of Defense vendor.

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