Nano Dimension buys 12% Stratasys stake
Israeli 3D printing organization Nano Dimension (Nasdaq: NNDM) has documented a 12.1% holding in Rehovot-based 3D printing company Stratasys (Nasdaq: SSYS). The stake is presently well worth $152 million on the marketplace.

The buy of the shares, with some of the approximately $1.5 billion, which it elevated, in a collection of public offerings on Wall Road in late 2020 and early 2021, helps make Nano Dimension the largest shareholder in Stratasys – an even bigger keeping than Cathie Wood’s Ark Fund, which retains shares in the two corporations.




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Resources close to Nano Dimension insist that the enterprise is not launching a hostile takeover. Stratasys focuses on 3D printing of polymers for production industry when Nano Dimension specializes in 3D printing of digital elements.

Nano Dimension has a sector cap of $860 million, down 80% from its peak previous year, when Stratasys has a market cap of $1.26 billion, just after its share cost has fallen only 5% in excess of the earlier yr.

Nano Dimension mentioned, “With $521 million and $607 million of revenue in 2020 and 2021, respectively, Stratasys is a chief in the world wide shift to AM by means of smart and related 3D printers, polymer resources, a software package ecosystem and elements on demand. Stratasys serves prospects worldwide by transforming merchandise design and style, bringing agility to manufacturing and source chains, and enhancing affected person treatment.”

Nano Dimension chairman and CEO Yoav Stern mentioned, “The purpose of Nano Dimension in purchasing Stratasys shares is the development of a strategic expense in a market place-chief which is properly founded in a rather seasoned current market section, whilst Nano Dimension’s disruptive technologies in AME and 3D steel printing offer its shareholders with price developed by accelerated expansion and growth curves. As a result, an trader in Nano Dimension will achieve from its price development in “blue ocean” form AM sectors furthermore possessing strategic upside from investment in Stratasys, which enjoys a commanding presence in substantial, secure far more experienced, mostly polymer-primarily based AM systems. In distinction, Nano Dimension’s materials improvement thrusts and organization design tactic are centered close to metals with electro-mechanical conductive parameters, metals with superior mechanical qualities, dielectric materials, and printing of multi-dimensional-digital products and mechanical parts.”

Printed by Globes, Israel small business news – en.globes.co.il – on July 18 2022.

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