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Nano Dimension Announces Second Quarter 2021 Conference Call
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Nano Dimension Hires Amazon Executive as President of the
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® system for additive manufacturing of High-Performance Electronic Devices (Hi-PEDs™) to the
Centre national intégré du manufacturier intelligent (CNIMI). The DragonFly LDM
® system is the only known technology in the world that uses digital files and 3D simultaneous printing of dielectric and conductive materials to rapidly produce high performance multilayered electronic parts.
University of Quebec in Trois-Rivières (UQTR) Professor of Mechanical Engineering and Scientific Co-Director of CNIMI, Dr. Laurent Cormier, stated: “We are excited to provide our students, researchers, and faculty the opportunity to learn first-hand how Nano Dimension’s technology is changing the way entire industries think, innovate, develop and manufacture Hi-PEDs™. At CNIMI, as a training, research and technology transfer center enabled by an outstanding collaboration between UQTR and Cégep de Drummondville, part of our mission is to foster a paradigm shift towards revolutionary pract
Nano Dimension (NNDM) Announces Sale of DragonFly LDM® to a Leading University in Quebec, Canada
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AME)/
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.