Nano Dimension Ltd. has signed an agreement with Tethon Corporation Inc. to develop new materials for its Fabrica 2.0 micro-additive manufacturing system. The agreement is focused on materials with high-performance and specialty specifications, including high temperature, transparent, and carbon nano tubes. Development of materials, along with breakthroughs in deep learning-based AI and releasing next-generation systems
Nano Dimension Signs Materials Development Deal for Its Fabrica 2 0 Micro-Mechanical 3D Printing
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Nano Dimension to Unveil Fabrica 2 0 System at 2021 RAPID + TCT Event
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PE (3D-Printed Electronics) provider, announced today that it has signed and closed a definitive agreement to acquire NanoFabrica Ltd. (“NanoFabrica”) (
https://www.nano-fabrica.com/), a world leader in technology and turn-key systems for precise 3D-micro-printing (or precision additive manufacturing). Nano Dimension will pay the shareholders of NanoFabrica a total ranging between $54.9 million to $59.4 million. Out of that, between $23 million to $27.5 million will be paid in cash (depending upon NanoFabrica meeting certain performance milestones and the founders of NanoFabrica continuing to work for a defined period after the acquisition), and approximately $32 million was paid in American Depositary Shares (ADSs) of Nano Dimension (approximately 30% of which cannot be sold for various periods of up to 24 months after the closing of the transaction). Certain cash payments will be based on NanoFabrica’s revenue and gross margin performance in the next 12 months.