In this episode of the CEOLIVE.TV Investor Update Series we are joined again by Nano Dimension CEO, Amit Dror who discusses the company’s recent industry survey for 3D Printers.
The survey respondents consisted of over 300 potential customers and industry experts. The results of the survey revealed the overwhelming market need for a Nano Dimension’s Dragonfly 3D Printer which allows tech companies to manufacture their complex PCB prototypes in-house, within hours, while keeping their IP secure and costs down.
Nano Dimension has start trading on the NASDAQ under the ticker NNDM. They have also picked up research coverage from Maxim Group and Rodman & Renshaw who each initiated their coverage with a Buy rating.
About Nano Dimension
Nano Dimension, founded in 2012, focuses on development of advanced 3D printed electronics systems and advanced additive manufacturing. Nano Dimension’s unique products combine three advanced technologies: 3D inkjet, 3D software and nanomaterials. The company’s primary products include the first 3D printer dedicated to printing multi-layer PCBs (printed circuit boards) and advanced nanotechnology-based conductive and dielectric inks.
In addition to the upcoming trading on the NASDAQ, the Company’s shares are also traded on the TASE in Israel. The Bank of New York Mellon serves as the depositary for Nano Dimension.
“Multilayer, 3D inkjet PCB printing is an entirely new category of 3D printing designed specifically for the production of professional multilayer PCBs, and it eliminates the negative issues associated with outside manufacturing facilities. With Nano Dimension’s DragonFly 2020 3D Printer – a world’s first for printing multilayer circuit boards, users can build functional prototypes in-house (including the interconnections between layers) in a matter of hours.”
-Amit Dror, CEO of Nano Dimension, LTD
According to a video on CNET:
3D printing a circuit board gives you a couple of different advantages over the traditional method of sending it out to a manufacturing plant. The first one is that your intellectual property can stay safe and be produced in house. The second is the time it takes. Rather than a couple of weeks to get a prototype of a circuit board back for testing, this takes a couple of hours or even overnight.
Dragonfly 2020 uses a nano silver conductive ink and a proprietary dielectric ink for its printing. The product should be available on the market by the end of 2016. Meanwhile, pricing has yet to be disclosed.
Forward Looking Statements
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