Soon to Trade on NASDAQ: Israel’s Nano Dimension Continues to Expand its US Presence
The 3D printer is a piece of hardware that invokes fascination. Almost always compared to something like magic, so many who are just learning about the technology are often surprised to hear of all that can be and is being performed on 3D printers around the world. As nearly every sector is being affected, transformed, and optimized, the bigger conversation is turning to what materials and other components can be used while 3D printing. As is only human, we want to do more, more, more–and manufacturers are working hard to see that happen.
The word nano is certainly being tossed around a lot in conjunction with many of these new concepts as well—and often in regards to one extremely innovative and global company experiencing many breakthroughs and great successes: Nano Dimension.
It’s just been announced that within the next few days, trading on NASDAQ will occur with their stock symbol being “NNDM.” Further announcements will release the exact date, but so far we know that the depository will be The Bank of New York Mellon, with each ADS representing five ordinary shares of the company.
“Becoming a NASDAQ-listed company is an important step in our overall corporate development strategy as we look to increase awareness of Nano Dimension within the U.S. investment community and expand our presence in the U.S. market,” said Nano Dimension’s CEO, Amit Dror.
“This listing adds to recent milestones for Nano Dimension, including the confidence placed in our products by top-tier US-based beta customers, a manufacturing agreement with Flextronics, new patent applications to further solidify our leadership position in the industry, as well as recent research grant approval from Israel’s Chief Scientist.”
Headquartered in Israel, Nano Dimension offers it all when it comes to 3D printing and conductive materials—and indeed, they’ve made it quite clear that they plan to overhaul the world of electronics and how they are produced. Founded in 2012, their experience is in combining ink-jet printing systems, nanotechnology, and conducive ink and materials. Their services are comprehensive in that they offer a unique 3D PCB printer that we’ve reported on previously, especially in regards to a $500,000 grant given to them over a year ago by The Israeli Office of the Chief Scientist as well as $11 million in funding for 3D printers, electronics and related inks just last year.
And if you’re interested in more complex 3D printing projects, you are aware that being able to make PCB’s at the desktop opens up a whole new level of independence and versatility to many users and businesses. The company’s overall plan is, not surprisingly, to completely change the traditional PCB development cycle. Nano Dimension also supplies its nano inks to other fields in the electronics market.
“As we list our ADSs on the NASDAQ, our ability to communicate our progress with a broader audience, raise the visibility of our strategy, and generate more value for our shareholders will improve significantly,” said Mr. Dror.
In addition to the upcoming trading on the NASDAQ, the Company’s shares are also traded on the TASE in Israel. With this news, the company can expand its presence in the US market, where there’s been tremendous interest in their technology. Are you surprised to hear about this? Discuss in the Nano Dimension Hits NASDAQ forum over at 3DPB.com.
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