New Product Will Use Less Ink Overall and Increase 3D Printing Speed
NESS ZIONA, Israel- July 14, 2016 - 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, has filed a patent application with the U.S. Patent and Trademark Office for the development of a new nanometric conductive ink, which is based on a unique synthesis.
The new nanoparticle synthesis further minimizes the size of the silver nanoparticles particles in the company’s ink products. The new process achieves silver nanoparticles as small as 4 nanometers.
We believe that accurate control of nanoparticles' size and surface properties will allow for improved performance of the company's DragonFly 2020 3D printer, currently in development. The innovative ink enables lower melting temperatures and more complete sintering (fusing of particles into solid conductive trace), leading to an even higher level of conductivity.
The innovative ink has the potential to accelerate printing speeds and save ink for the 3D printing of electronics such as printed circuit boards, antennas and others. Furthermore, the ink enhances the capabilities of the company's DragonFly 2020 3D printer, and may improve the conductivity of the printed lines. The company intends to commercialize its ink products as supplementary products to its 3D printers and as separate and independent products.
About Nano Dimension Ltd.
Nano Dimension, 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 dedicated to printing multi-layer PCBs (printed circuit boards) and advanced nanotechnology-based conductive and dielectric inks.
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 Bank of New York Mellon serves as the depositary for Nano Dimension.
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. 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.
For example, we are using forward looking statements in this press release when we when we discuss our Dragonfly 2020 3D printer and the potential of our new ink product. Because such statements deal with future events and are based on Nano Dimension's current expectations, they are subject to various risks and uncertainties and actual results, performance or achievements of Nano Dimension could differ materially from those described in or implied by the statements in this press release.
In addition, we cannot assure that any patent will issue as a result of a pending patent application or, if issued, whether it will issue in a form that will be advantageous to us. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed under the heading “Risk Factors” in Nano Dimension’s Annual Report on Form 20-F filed with the Securities and Exchange Commission (“SEC”) on March 8, 2016, and in any subsequent filings with the SEC. Except as otherwise required by law, Nano Dimension undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
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