Nano Dimension Limited, a first additive electronics announced on 23rd October 2019 that it has attained a significant milestone of selling over 50 systems globally. This comes two years after the company launched its business sales in the last quarter of 2017.
While 50 sales might be nothing to brag about, it is a huge deal. Nano Dimension’s DragonFly is not just for anyone to purchase. The rate for one DragonFly starts from $50,000 upwards. Getting one depends on the capability of a customer.
According to figures reported since its commercial sales launch in 2017’s last quarter, the manufacturer states that the milestone confirms the demand for its DragonFly technology. The technology enables designers and engineers to rapidly prototype multi-layer PCBs, printed circuit boards.
Announcing the sale, Nano Dimension CEO had this to say, “we are excited to announce the sale of our 50th DragonFly system for additive manufacturing of electronics. Nano Dimension started with a breakthrough idea to change the way the electronics are made and to offer new solutions to develop innovative smart products.”
“I’m proud that our dream has become a reality, as our global customers from various industries validate our unique technology by adopting our solutions and using them to develop and manufacture never-seen-before applications. We celebrate this important milestone as we continue to focus on increasing our global reach and our customer base,” said Amit Dror.
Up to date, the company has sold 51 systems in total to top companies globally. The machines sold also include LDM systems and the DragonFly 2020 Pro. The devices have been sold to different industries. The wide range of sectors includes tech, defense, research, and electronics. The sales were carried directly and by the resellers of Nano Dimension in three major geographies;
- EMEA which includes Germany, Italy, UK, France, Belgium, Czech Republic, Turkey, and Russia
- The Asia Pacific also consists of the following countries, China, Taiwan, Korea, Hong-Kong, Japan, Australia
Two of its recent sales were sales to top customers in Europe. Reports indicate that one of them is a state authority of one of Europe’s main tech-leading countries in the defense industry. The other one is a leading tech corporation. 21 of the 51 sales were made in 2019.
At the beginning of 2019, the United Kingdom’s Manufacturing Technology Centre was the first facility to buy new LDM (Lights-Out Digital Manufacturing Systems) from Nano Dimension. The LDM systems are created for all-day electronic circuitry 3D printing.
On 10/24/2019, the company published picked preliminary unaudited calculations for the third quarter of 2019. It also reported a record of 2.2 million quarterly revenues. This represents a 32 percent increase year over year.
Nano Dimension has unique 3D printing technologies, and it targets the growing need for electronic gadgets that need more sophisticated features.
The need for circuitry as well as PCBs that are the backbone of all electronic devices comprises a wide range of industries. All the industries can benefit from products from Nano Dimension.