Nano Dimension Announces Preliminary Results for the Second Quarter of 2024

Revenue of approximately $14.8 million, up 11% from the previous quarter

Strong sales despite industry headwinds

Waltham, Mass., July 03, 2024 (GLOBE NEWSWIRE) — Nano Dimension Ltd. (Nasdaq: NNDM) (“Nano Dimension” or the “Company”), a leading provider of 3D printing solutions for electronic additive manufacturing (“AME”) and additive manufacturing of multidimensional polymers, metals and ceramics (“AM”), today announced a preview of its financial results on a preliminary basis for the second quarter ended June 30, 2020.^th2024.

Nano Dimension reported unaudited consolidated revenue of approximately $14.8 million for the second quarter of 2024, up 11% from the prior quarter, demonstrating strong sales in a market environment where most are experiencing declines.

The Company also highlighted the continued improvement in its performance through the Reshaping Nano initiative, the results of which are expected to be presented when it publishes its full results as of June 30, 2024 and for the quarter ended June 30, 2024.

The above information reflects preliminary estimates regarding certain results of Nano Dimension for the second quarter ended June 30.^th2024, based on currently available information. Actual second quarter results may differ from preliminary estimates.

About Nano Dimension

Nano Dimension’s (Nasdaq: NNDM) vision is to transform existing electronic and mechanical manufacturing into environmentally friendly and economically efficient Industry 4.0 precision additive electronics by providing solutions that convert digital designs into electronic or mechanical devices, on-demand, anytime, anywhere.

Nano Dimension’s strategy is based on applying deep learning-based AI to enhance manufacturing capabilities using self-learning and self-improving systems, as well as managing a distributed manufacturing network via the cloud.

Nano Dimension has served over 2,000 customers in vertical target markets such as aerospace and defense, advanced automotive, high-tech industrial, specialty medical technology, R&D and academia. The company designs and manufactures 3D printing machines and consumables for additive electronics and additive manufacturing. Additive electronics consists of manufacturing machines that enable the design and development of high-performance electronic devices (Hi-PED®). Additive manufacturing includes manufacturing solutions for the production of metal, ceramic and specialty polymer applications – from a few millimeters to several centimeters with micron-level accuracy.

Through the integration of its product portfolio, Nano Dimension delivers the benefits of rapid prototyping, high-mix, low-volume production, IP security, minimal environmental footprint, and design-for-manufacturing capabilities, all unleashed by the limitless possibilities of additive manufacturing.

For more information, please visit www.nano-di.com.

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. Because these statements address future events and are based on Nano Dimension’s current expectations, they are subject to various risks and uncertainties, and Nano Dimension’s actual results, performance or achievements could differ materially from those described or implied by the statements contained in this press release. For example, Nano Dimension uses forward-looking statements when discussing its preliminary unaudited financial results for the second quarter ended June 30, 2024 and expected performance based on the Reshaping Nano Initiative. 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 21, 2024, and in any subsequent filings with the SEC. Except as 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. References and links to websites have been provided as a convenience, and the information contained on these websites is not incorporated by reference into this press release. Nano Dimension is not responsible for the content of third-party websites.

CONTACT INVESTOR RELATIONS NANO DIMENSION
Investor Relations | [email protected]