$NNDM | Nano Dimension Starts Trading on NASDAQ / Buy Ratings from Maxim Group, Rodman & Renshaw
Home » CEOLIVE Watchlist » $NNDM | Nano Dimension Starts Trading on NASDAQ / Buy Ratings from Maxim Group, Rodman & Renshaw
In this episode of the CEOLIVE.TV Investor Update Series we are joined again by Amit Dror, CEO and Co-founder of Nano Dimension (NASDAQ: NNDM).
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
NNDMY was Israel’s best performing tech stock in 2015
Overwhelming positive response at CES 2016 and from major industry players
Up listing to NASDAQ in progress
Funding to date: Over $17m
1st 3D Printer Company to combine professional electronics with 3D printing
The DragonFly is the 1st 3D Printer capable of printing multi-layered Printed Circuit Boards (PCB’s).
Approaching massive market that nobody else has addressed
Reduces PCB Prototyping turnaround time from weeks to hours
With much faster prototyping because parts don’t need to be sent away or delivered for testing
Multiple Patents and Patents Pending in Nano Tech, Ink Tech and software engineering
Printer and Printer Ink market estimated at $7-$10B
Mechanical Engineers – Refining a 3D printer for electronic circuit boards
Software Team – Developing software applications, firmware, algorithms and GUI
Nano-Chemists – Developing conductive and dielectric nano inks
Nano Dimension (NNDMY) has created a 3D printer dedicated to printing multi-layer PCBs (printed circuit boards) called the Dragonfly 2020 that will benefit engineers and companies looking to rapidly test circuit board designs.
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.
Disclosure: Neither CEOLIVE.TV or any of its principals currently owns or plan to own within 72 hours of publication any shares of the stocks mentioned in this video. For a full disclaimer please visit, ceolive.tv/disclaimer.