Nano Dimension Ltd. (Nasdaq: NNDM, “Nano Dimension” or the “Company”), a leading supplier of Additively Manufactured Electronics (“AME”) and multi-dimensional polymer, metal & ceramic Additive Manufacturing (“AM”) 3D printers, announced today that it has received a purchase order from a European army, for a DragonFly IV, the leading Additive Manufacturing Electronics (AME) 3D-printer.
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This customer is the tenth western defense agency to become a user of Nano Dimension’s high performance additive manufacturing systems. For reasons of national security, Nano Dimension cannot reveal the name of the country it is from, but this is clearly a continuation of the company’s success in providing leading technology to those who need it most. This defense agency, and others like it, which include national armies, navies, air forces, and governmental intelligence agencies, rely on the DragonFly IV® to advance innovation in a way that other manufacturing technologies of electronics manufacturing cannot achieve.
The DragonFly IV® system and specialized materials serve cross-industry High-Performance-Electronic-Devices (Hi-PEDs®) fabrication needs by simultaneously depositing proprietary conductive and dielectric substances, while integrating in-situ capacitors, antennas, coils, transformers, and electromechanical components. The outcomes are Hi-PEDs® which are critical enablers of autonomous intelligent drones, cars, satellites, smartphones, and in vivo medical devices. In addition, these products enable iterative development, IP safety, fast time-to-market, and device performance gains.
“I am very excited that another European army is investing in the design and production of 3D electronics, to shorten its development cycles and bring to life innovative ideas which could not have been done before,” commented Stephan Krause, Vice President of EMEA Sales for Nano Dimension.
Mr. Yoav Stern, Chairman and Chief Executive Officer of Nano Dimension, added: “Engaging this new customer is exciting for us. It proves, yet again, how irreplaceable and essential our 3D printing technologies and materials are. There are perhaps no greater requirements for innovation than what defense agencies command, and we are proud to be chosen as the supplier of such unique solutions. After many years of experience with advanced technologies in the Air Force, I know that leading edge products which are adopted initially by defense forces, traditionally end up creating very large size commercial markets as well.”
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