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, has signed an agreement
with Tethon Corporation Inc. (“Tethon 3D”) to develop new materials
for its Fabrica 2.0 micro-additive manufacturing system
(“micro-AM”).
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 across Nano Dimension’s manufacturing
solutions portfolio, are critical in the Company’s ambitious
R&D roadmap. The Company welcomes another breakthrough going
according to plan.
“Our customers have been asking for a micro-AM
platform to manufacture production parts,” said Trent Allen, Chief
Executive Officer of Tethon 3D. “The Fabrica 2.0 is a modern marvel
of engineering and our material scientists have loved innovating
with the platform to create novel materials.”
“We value our relationship with Tethon 3D and
are very impressed with the progress they are making thus far,”
said Dr. Jon Donner, Product Champion for the Fabrica 2.0. “The
development of these materials should further open markets and
applications such as electrical connectors, medical devices and
microfluidic chips amongst others.”
Nano Dimension (12.1, C119) and Tethon 3D (12.1,
A131) will both be highlighting parts at the upcoming Formnext
Exhibition in Frankfurt, Germany, November 15-18. Learn more about
the Formnext exhibit at
https://formnext.mesago.com/events/en.html.
About Tethon 3D
Tethon 3D, an Omaha, USA, corporation with over 1,400 customers
in forty countries, is a global leader in manufacturing materials
for additive manufacturing. Tethon 3D holds numerous patents
related to filled 3D printing materials, 3D printing processes and
3D printer hardware. For more information on Tethon 3D,
visit tethon3d.com.
About Nano Dimension
Nano Dimension’s (Nasdaq: NNDM) vision is to
transform the electronics and similar additive manufacturing
sectors through the development and delivery of an
environmentally friendly and economically efficient additive
manufacturing, Industry 4.0 solution, while enabling a
one-production-step-conversion of digital designs into
functioning devices – on-demand, anytime,
anywhere.
The DragonFly® IV system and specialized
materials serve cross-industry
High-Performance-Electronic-Devices
(Hi-PED®s) 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.
Nano Dimension also develops complementary
production equipment for Hi-PEDs and printed circuit board
(PCB) assembly (Puma, Fox, Tarantula, Spider, etc.). The
core competitive edge for this technology is in its adaptive,
highly flexible surface-mount technology (SMT) pick-and-place
equipment, materials dispenser suitable for both high-speed
dispensing and micro-dispensing, as well as an intelligent
production material storage and logistics system.
Additionally, Nano Dimension is a leading
developer and supplier of high-performance control electronics,
software, and ink delivery system. It invents and delivers
state-of-the-art 2D and 3D printing hardware and unique operating
software. It focuses on high-value, precision-oriented applications
such as specialized direct-to-container packaging, printed
electronics functional fluids, and 3D printing, which is all
controlled by the proprietary software system - Atlas.
Serving similar users of Hi-PEDs, Nano
Dimension’s Fabrica 2.0 micro additive manufacturing system
enables the production of microparts based on a Digital Light
Processor (DLP) engine that achieves repeatable micron levels
resolution. The Fabrica 2.0 is engineered with a patented array of
sensors that allows a closed feedback loop, using proprietary
materials to achieve very high accuracy while remaining a
cost-effective mass manufacturing solution. It is used in the areas
of micron-level resolution of medical devices, micro-optics,
semiconductors, micro-electronics, micro-electro-mechanical systems
(MEMS), microfluidics, and life sciences instruments.
For more information, please visit
www.nano-di.com.
Forward-Looking StatementsThis press
release contains forward-looking statements within the meaning of
the “safe harbor” provisions of the Private Securities Litigation
Reform Act of 1995 and other Federal securities laws. Words such as
“expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,”
“estimates,” and similar expressions or variations of such words
are intended to identify forward-looking statements. For example,
Nano Dimension is using forward-looking statements in this press
release when it discusses its R&D roadmap and the expectation
that development of materials with Tethon 3D should further open
markets and applications. Actual results, performance, or
achievements of Nano Dimension could differ materially from those
described in or implied by the statements in this press release.
The forward-looking statements contained or implied in this press
release are subject to other risks and uncertainties, including
those discussed under the heading “Risk Factors” in Nano
Dimension’s annual report on Form 20-F filed with the Securities
and Exchange Commission (“SEC”) on March 31, 2022, and in any
subsequent filings with the SEC. Except as otherwise required by
law, Nano Dimension undertakes no obligation to publicly release
any revisions to these forward-looking statements to reflect events
or circumstances after the date hereof or to reflect the occurrence
of unanticipated events. References and links to websites have been
provided as a convenience, and the information contained on such
websites is not incorporated by reference into this press release.
Nano Dimension is not responsible for the contents of third-party
websites.
Nano Dimension Investor Relations Contact:
Laine Yonker, Investor Relations, Edison Group |
lyonker@edisongroup.com
Nano Dimension Media Relations Contact:
pr@nano-di.com
Tethon 3D Media Relations Contact:Info@Tethon3D.com
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