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Nano Dimension, in Collaboration with the Israeli Ministry of Defense, Receives Grant to Develop 3D Printing of Ceramic Materials, Designated for the Aerospace and Aviation Sectors

 

NESS ZIONA, Israel- February 6, 2017 - Nano Dimension Ltd., a leader in the field of 3D printed electronics (NASDAQ, TASE: NNDM), 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.  The total approved budget for this project is NIS 1.4 million (approximately $372,000), of which the Israel Innovation Authority will finance 50%. 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.

 

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Topics: Materials, Aerospace & Defense

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Nano Dimension Ltd. (NASDAQ, TASE: NNDM), 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 in development, dedicated to printing multi-layer PCBs (printed circuit boards) and advanced nanotechnology-based conductive and dielectric inks. Nano Dimension trades on the NASDAQ and TASE under the symbol NNDM. The Bank of New York Mellon serves as the depositary for Nano Dimension

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