{"id":68235,"date":"2019-07-29T12:54:26","date_gmt":"2019-07-29T04:54:26","guid":{"rendered":"http:\/\/facfox.com\/news\/aerospace\/nano-dimension-issues-preliminary-financial-results-for-2018-reports-30-sales-of-3d-printer.3dm"},"modified":"2019-07-29T12:54:26","modified_gmt":"2019-07-29T04:54:26","slug":"nano-dimension-issues-preliminary-financial-results-for-2018-reports-30-sales-of-3d-printer","status":"publish","type":"post","link":"https:\/\/facfox.com\/news\/nano-dimension-issues-preliminary-financial-results-for-2018-reports-30-sales-of-3d-printer\/","title":{"rendered":"Nano Dimension issues preliminary financial results for 2018, reports 30 sales of 3D printer"},"content":{"rendered":"<div id=\"dpsp-content-top\" class=\"dpsp-content-wrapper dpsp-shape-rectangular dpsp-size-medium dpsp-has-spacing dpsp-has-buttons-count dpsp-show-on-mobile dpsp-button-style-1\">\n<ul class=\"dpsp-networks-btns-wrapper dpsp-networks-btns-content dpsp-networks-btns-share dpsp-column-auto\">\n<li><span class=\"dpsp-network-icon\"><\/span><span class=\"dpsp-network-label-wrapper\"><\/span><\/li>\n<li><span class=\"dpsp-network-icon\"><\/span><span class=\"dpsp-network-label-wrapper\"><\/span><\/li>\n<li><span class=\"dpsp-network-icon\"><\/span><span class=\"dpsp-network-label-wrapper\"><\/span><\/li>\n<li><span class=\"dpsp-network-icon\"><\/span><span class=\"dpsp-network-label-wrapper\"><\/span><\/li>\n<\/ul>\n<\/div>\n<p><span style=\"font-weight: 400;\">Nano Dimension<\/span><span style=\"font-weight: 400;\">, an I<\/span><span style=\"font-weight: 400;\">sraeli 3D printed electronics company, has released preliminary financial results for 2018. Highlights of 2018 include the sale of 30 DragonFly Pro 3D printers the year.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&#8220;We are very pleased with our commercial and operational results for 2018, meeting our targets and placing the company firmly on a multi-year growth trajectory,&#8221; said Amit Dror, CEO of Nano Dimension.<\/span><\/p>\n<blockquote>\n<p><span style=\"font-weight: 400;\">&#8220;2018 was a year of nailing and scaling our product, use cases and go to market channel and we believe that our results demonstrate that we have successfully laid a robust foundation for accelerated customer adoption and growth.&#8221;<\/span><\/p>\n<\/blockquote>\n<p><b>Expanding geographical presence<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Last year saw a rapid growth in partnerships announced by Nano Dimension. According to preliminary results, the company doubled its reseller channel from 10 to 20 value-added resellers. The report also states that Nano Dimension has successfully expanded its geographical presence with additional resellers in the Asia Pacific and Europe.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This included a <\/span><span style=\"font-weight: 400;\">strategic partnership<\/span><span style=\"font-weight: 400;\"> with <\/span><span style=\"font-weight: 400;\">the AURORA Group<\/span><span style=\"font-weight: 400;\">, a Taiwanese distributor of additive manufacturing systems. T<\/span><span style=\"font-weight: 400;\">hrough this partnership, AURORA Group is to market and sell Nano Dimension\u2019s <\/span><span style=\"font-weight: 400;\">DragonFly 2020 Pro<\/span><span style=\"font-weight: 400;\"> 3D printer to customers in China. <\/span><span style=\"font-weight: 400;\">Nano Dimension also established its <\/span><span style=\"font-weight: 400;\">third channel partnership in North America<\/span><span style=\"font-weight: 400;\"> with <\/span><span style=\"font-weight: 400;\">Fisher Unitech<\/span><span style=\"font-weight: 400;\">, a U.S. 3D printing technologies provider.<\/span><\/p>\n<figure id=\"attachment_139781\" style=\"width: 2048px\" class=\"wp-caption aligncenter\"><img fetchpriority=\"high\" decoding=\"async\" class=\"size-full wp-image-139781\" src=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2018\/09\/DragonFly-Pro-1.jpg\" alt=\"\" width=\"2048\" height=\"2048\" srcset=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2018\/09\/DragonFly-Pro-1.jpg 2048w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2018\/09\/DragonFly-Pro-1-300x300.jpg 300w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2018\/09\/DragonFly-Pro-1-1024x1024.jpg 1024w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2018\/09\/DragonFly-Pro-1-770x770.jpg 770w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2018\/09\/DragonFly-Pro-1-200x200.jpg 200w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2018\/09\/DragonFly-Pro-1-500x500.jpg 500w\" sizes=\"(max-width: 2048px) 100vw, 2048px\" \/><figcaption class=\"wp-caption-text\">The DragonFly 2020 Pro system. Image via Nano Dimension.<\/figcaption><\/figure>\n<p><b>Supplying defense forces<\/b><\/p>\n<p><span style=\"font-weight: 400;\">The preliminary report goes on to state that Nano Dimension has received repeat orders from industry leaders including <\/span><span style=\"font-weight: 400;\">TTM Technologies<\/span><span style=\"font-weight: 400;\">, a Fortune 500 company <\/span><span style=\"font-weight: 400;\">supplying time-critical circuit boards,<\/span><span style=\"font-weight: 400;\"> as well as a global top 10 U.S. defense company.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Following this announcement, Nano Dimension\u2019s U.S subsidiary achieved <\/span><span style=\"font-weight: 400;\">United States Government Certified Vendor status<\/span><span style=\"font-weight: 400;\"> from the United States Department of Defense\u2019s Defense Logistics Agency after receiving a Commercial and Government Entity (CAGE) Code.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In December 2018, the multinational defense corporation <\/span><span style=\"font-weight: 400;\">Hensoldt<\/span><span style=\"font-weight: 400;\"> became the <\/span><span style=\"font-weight: 400;\">latest customer<\/span><span style=\"font-weight: 400;\"> of Nano Dimension\u2019s Dragonfly Pro 3D printer. Prior to this, two DragonFly 2020 Pro systems were sold to <\/span><span style=\"font-weight: 400;\">departments in the U.S. armed forces<\/span><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Moreover, <\/span><span style=\"font-weight: 400;\">Harris Corporation<\/span><span style=\"font-weight: 400;\">, a U.S. technology company specializing in tactical communications, demonstrated the functionality of <\/span><span style=\"font-weight: 400;\">3D printing radio frequency (RF) amplifier circuit boards<\/span><span style=\"font-weight: 400;\"> using a DragonFly 2020 Pro 3D printer.<\/span><\/p>\n<figure id=\"attachment_142817\" style=\"width: 2048px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" class=\"size-full wp-image-142817\" src=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2018\/11\/rfamp.jpg\" alt=\"The 3D printed radio frequency (RF) circuit board. Photo via Nano Dimension.\" width=\"2048\" height=\"1536\" srcset=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2018\/11\/rfamp.jpg 2048w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2018\/11\/rfamp-1024x768.jpg 1024w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2018\/11\/rfamp-770x577.jpg 770w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2018\/11\/rfamp-200x150.jpg 200w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2018\/11\/rfamp-500x375.jpg 500w\" sizes=\"(max-width: 2048px) 100vw, 2048px\" \/><figcaption class=\"wp-caption-text\">A 3D printed radio frequency (RF) circuit board. Photo via Nano Dimension.<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">Considering the sales and reseller partnerships in 2018, Nano Dimension expects to report estimated revenues of $5.1 million for 2018, compared with $860,000 in 2017.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The preliminary results are unaudited and estimations based on current expectations and may be adjusted upon the release of the full report.<\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">Nominations for the <\/span><\/i><i><span style=\"font-weight: 400;\"><a href=\"\/service\/3d-printing\"> Industry Awards 2019<\/span><\/i><i><span style=\"font-weight: 400;\"> are still open. Let us know the businesses, technologies, and individuals leading the additive manufacturing sector.<\/span><\/i><\/p>\n<p><i><span style=\"font-weight: 400;\">Want the latest financial 3D printing news? Subscribe to the <\/span><\/i><i><span style=\"font-weight: 400;\"><a href=\"\/service\/3d-printing\"> Industry newsletter<\/span><\/i><i><span style=\"font-weight: 400;\">, follow us on<\/span><\/i> <i><span style=\"font-weight: 400;\">Twitter<\/span><\/i><i><span style=\"font-weight: 400;\"> and like us on<\/span><\/i> <i><span style=\"font-weight: 400;\">Facebook<\/span><\/i><i><span style=\"font-weight: 400;\">.<\/span><\/i><\/p>\n<p><i><span style=\"font-weight: 400;\">Looking for a fresh start this year? Visit<\/span><\/i> <i><span style=\"font-weight: 400;\"><a href=\"\/service\/3d-printing\"> Jobs<\/span><\/i><i><span style=\"font-weight: 400;\"> to commence your career in additive manufacturing.<\/span><\/i><\/p>\n<p><i><span style=\"font-weight: 400;\">Featured image shows the Nano Dimension facility. Photo via Nano Dimension.<\/span><\/i><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nano Dimension, an Israeli 3D printed electronics company, has released preliminary financial results for 2018. Highlights of 2018 include the sale of 30 DragonFly Pro 3D printers the year. &#8220;We are very pleased with our commercial and operational results for 2018, meeting our targets and placing the company firmly on a multi-year growth trajectory,&#8221; said [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":182426,"comment_status":"open","ping_status":"close","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"fifu_image_url":"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2018\/09\/DragonFly-Pro-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[53],"tags":[169,170,173],"class_list":["post-68235","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-aerospace","tag-3dprint","tag-3dprinting","tag-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.2 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Nano Dimension issues preliminary financial results for 2018, reports 30 sales of 3D printer - FacFox News<\/title>\n<meta name=\"description\" content=\"Nano Dimension, an Israeli 3D printed electronics company, has released preliminary financial results for 2018. 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