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Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates” and similar expressions or variations of such words are intended to identify forward-looking statements. This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. The Bank of New York Mellon serves as the depositary for Nano Dimension. In addition to the trading of the company’s American Depositary Shares on NASDAQ, the company’s ordinary shares are also traded on the TASE in Israel. 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. Nano Dimension’s unique products combine three advanced technologies: 3D inkjet, 3D software, and nanomaterials. Nano Dimension, founded in 2012, focuses on development of advanced 3D printed electronics systems and advanced additive manufacturing. The goal of the program is to promote military, defense, and commercial R&D of dual use technologies, which will contribute to national security, yet possess financial potential. MEIMAD is a joint venture of the Innovation Authority, Ministry of Finance and the Administration for the Development of Weapons and Technological Infrastructure of the Ministry of Defense. These properties include elasticity, plasticity, tensile strength, compressive strength, shear strength, and more.

The mechanical properties of ceramic materials are crucial in structural and building materials, as well as textile fabrics. This usage is potentially revolutionary, since the insulation and mechanical strength properties of the ceramic material are infinitely better than the properties of the materials currently used in the PCB industry.Ī ceramic material is a solid material that is neither organic nor metallic. Nano Dimension’s technology has the potential to create the next generation of ceramic elements for the aerospace and aviation sectors.Īn example of one of the many applications of 3D printed ceramic materials, is using the ceramic material as the dielectric material used to print PCBs. The combination of a fast manufacturing process together with high printing resolution and multi materials, results in the ability to manufacture elements with advanced properties. Nano Dimension’s novel 3D printing technology enables the creation of precise 3D manufacturing, while using a variety of different materials through a single manufacturing process. The technologies available today to create ceramic elements are expensive, time consuming from the design stage until final assembly, and do not support the creation of complex structures. The mechanical strength and thermal resistance properties of the ceramic materials make them a crucial element used for a variety of needs in the aerospace and aviation sectors.

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The terms of the grant provide that the company will pay royalties on future sales of any funded technology up to the full grant amount.

The total approved budget for this project is NIS 1.4 million (approximately $372,000), of which the Israel Innovation Authority will finance 50%. NESS ZIONA, ISRAEL / ACCESSWIRE / Febru/ Nano Dimension (TASE: NNDM,NASDAQ: NNDM), a leader in the field of 3D printed electronics, announced today that its wholly owned subsidiary, Nano Dimension Technologies Ltd., has received a budget from MEIMAD committee of the Israel Innovation Authority which will be used to finance a project to develop 3D printing of advanced ceramic materials in inkjet technology.

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