Q3 was an exciting quarter for Nano Dimension as it delivered its first DragonFly systems to potential customers for evaluation and raised US$13.8m (gross) to provide finance as it moves into the commercial phase of development. The company appears on track to complete the beta testing phase mid-2017 and to deliver 50 printers during FY17. However, we have revised our estimates down to model the impact of moving to a leasing model during the beta test phase while leaving our indicative valuat
21 Nov 2016
Major commercialisation milestones reached
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Major commercialisation milestones reached
Nano Dimension Ltd Sponsored ADR (NNDM:NAS) | 0 0 0.0%
- Published:
21 Nov 2016 -
Author:
Anne Margaret Crow -
Pages:
5
Q3 was an exciting quarter for Nano Dimension as it delivered its first DragonFly systems to potential customers for evaluation and raised US$13.8m (gross) to provide finance as it moves into the commercial phase of development. The company appears on track to complete the beta testing phase mid-2017 and to deliver 50 printers during FY17. However, we have revised our estimates down to model the impact of moving to a leasing model during the beta test phase while leaving our indicative valuat