The company was founded by Amit Dror and Simon Fried in 2012 and headquartered in Ness Ziona, Israel.

The Company intends to allocate more funds to R&D, in order to be ready with new technology as Covid-19 subsides. U.S. Dial-in Number: 1-844-695-5517, International Dial-in Number: 1-412-902-6751, Israel Toll Free Dial-in Number: 1-80-9212373. 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. Asian markets muted as traders warily await U.S. stimulus deal

Investors interested in participating are invited to register for the conference call here: http://dpregister.com/10146541.

The Company ended the quarter with a cash and deposits balance of $49,525,000, while total operating loss for the second quarter was $3,812,000.“As projected by our President & CEO in our last investors conference call in mid-May, the global effects of the Covid-19 pandemic have caused a material decrease to our revenues, since companies and organizations around the world are not releasing budgets for purchases of capital equipment,” said Yael Sandler, Chief Financial Officer of Nano Dimension. The stock market hasn’t seen a 100-day gain this strong since 1933

The following factors, among others, could cause actual results to differ materially from those described in the forward-looking statements: Nano Dimension’s ability to increase sales and revenue, its burn rate, and its ability to continue as a going concern. Nano Dimension said the gross proceeds from the stock offering was $35.9 million. * General and administrative (G&A) expenses for the second quarter of 2020 were $908,000, compared to $1,035,000 in the first quarter of 2020, and $1,023,000 in the second quarter of 2019. The decrease resulted primarily from a decrease in payroll and related expenses and materials expenses.

Nano Dimension (Nasdaq, TASE: NNDM) is a provider of intelligent machines for the fabrication of Additively Manufactured Electronics (AME). * Net loss for the six months ended June 30, 2020 was $10,339,000, or $0.55 per share, compared to $2,664,000, or $0.80 per share, in the six months ended June 30, 2019. As a result, we expect to be better positioned once the electronics landscape is revitalized in a post-Covid-19 resurgence,” concluded Ms. Sandler.Second Quarter 2020 Financial Results * Total revenues for the second quarter of 2020 were $288,000, compared to $702,000 in the first quarter of 2020, and $1,161,000 in the second quarter of 2019. Trading volume surged to 103.6 million shares, enough to make the stock the most actively traded on major U.S. exchanges; the full-day average volume was about 1.7 million shares. * G&A expenses for the six months ended June 30, 2020 were $1,943,000, compared to $1,590,000 in the six months ended June 30, 2019.

The stock has more than doubled (up 141%) over the past three months through Tuesday, while the S&P 500 has lost 13.4%.Shares of Nano Dimension Ltd. were vaulted 173% higher on heavy volume in midday trading Tuesday, after the Israel-based company and Germany-based Hensoldt announced a new way to utilize 3D printing to develop high-performance electronics components. The stock had rocketed 341.7% on massive volume of 331.9 million shares on Tuesday, after the company and Germany's Hensoldt announced a new way to utilize 3D printing to develop high-performance electronics components. Currency in USD The decrease compared to the second quarter of 2019 was mainly attributed to a decrease in payroll and related expenses and marketing and advertising expenses. * Sales and marketing (S&M) expenses for the second quarter of 2020 were $930,000, compared to $819,000 in the first quarter of 2020, and $1,507,000 in the second quarter of 2019. finance.yahoo.com - May 1 at 6:48 AM: Nano Dimension Announces Closing of $13.3 Million Public Offering The decrease is attributed to less sales of DragonFly systems in the first half of 2020, which the Company primarily attributes to Covid-19.


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