Nano Dimension sells DragonFly IV to Western intelligence agency

Nano Dimension Ltd. (Nasdaq: NNDM), a leading supplier of Additively Manufactured Electronics (AME) and multi-dimensional polymer, metal & ceramic 3D printers, has received a purchase order from a leading Western intelligence agency, for a DragonFly IV system, the leading Additive Manufacturing Electronics (AME) 3D printer.

For reasons of national security, Nano Dimension cannot reveal the name of the country where the intelligence agency is situated, but this is clearly a continuation of the Company’s success in providing leading technology to those who need it most. This intelligence agency, and others like it, which include national armies, navies, air forces, and governmental secret services, rely on the DragonFly IV to advance innovation in a way that other manufacturing technologies of electronics manufacturing cannot achieve.

I am very excited that another Western Intelligence Agency 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 beforeAmit Dror, co-Founder and Chief Customer Success Officer of Nano Dimension.

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.

Mr. Yoav Stern, Chairman and Chief Executive Officer of Nano Dimension, added: “Very importantly, this customer is buying the second machine of the Company, while the first one was Fabrica 2.0 machine. This is a beautiful manifestation of our claims that the synergies of all our acquisitions work together and efficienize our go-to-market performance. 3D printing technologies and materials are irreplaceable, and essential, both for electronics and micro-mechanical parts. Intelligence agencies are leading the forefront of technological innovation applied for high-performance applications, similar to aerospace, advanced medical fields, academy and corporate research departments. We are proud to be chosen as the supplier of such a unique organization. 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.”