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Fab News

Details: Written by Chelsey Drysdale; Category: Fab News; Published: 13 August 2020

BOCA RATON, FL – Nano Dimension reported second quarter revenues of $288,000, down 75.2% year-over-year and 59% sequentially. The decrease is attributed to continuing delays in new sales of the company’s flagship DragonFly system, which the firm primarily attributes to Covid-19.

Details: Written by Chelsey Drysdale; Category: Fab News; Published: 12 August 2020

PETACH-TIKVA, ISRAEL – Eltek Ltd. reported second quarter revenues were $8.8 million, up 7.3% year-over-year.

Details: Written by Chelsey Drysdale; Category: Fab News; Published: 12 August 2020

MILPITAS, CA – Lenthor Engineering reported second quarter revenue of $9.4 million, an increase of 13.3% sequentially.

Details: Written by Chelsey Drysdale; Category: Fab News; Published: 11 August 2020

MIAMI – Element Solutions acquired DMP Corp., provider of wastewater treatment and recycle and reuse solutions, for an undisclosed sum.

MIAMI – Element Solutions reported second quarter Electronics net sales decreased 5% year-over-year to $253 million. Organic net sales decreased 6%.

BANNOCKBURN, IL – IPC is calling on the US Congress to enact a Covid-19 recovery bill and include provisions of importance to everyone who depends on electronics.