Israeli 3D printing organization Nano Dimension (Nasdaq: NNDM) has documented a 12.1% holding in Rehovot-dependent 3D printing company Stratasys (Nasdaq: SSYS). The stake is now really worth $152 million on the industry.

The purchase of the shares, with some of the nearly $1.5 billion, which it raised, in a sequence of community choices on Wall Road in late 2020 and early 2021, will make Nano Dimension the major shareholder in Stratasys – an even greater holding than Cathie Wood’s Ark Fund, which retains shares in both of those businesses.




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

Nano Dimension has a marketplace cap of $860 million, down 80% from its peak final 12 months, though Stratasys has a marketplace cap of $1.26 billion, following its share price has fallen only 5% around the earlier year.

Nano Dimension stated, “With $521 million and $607 million of revenue in 2020 and 2021, respectively, Stratasys is a chief in the international shift to AM via intelligent and connected 3D printers, polymer resources, a computer software ecosystem and sections on desire. Stratasys serves prospects throughout the world by transforming item layout, bringing agility to producing and source chains, and bettering patient treatment.”

Nano Dimension chairman and CEO Yoav Stern explained, “The intent of Nano Dimension in shopping for Stratasys shares is the formation of a strategic expense in a sector-chief which is perfectly proven in a somewhat seasoned industry section, though Nano Dimension’s disruptive systems in AME and 3D metallic printing provide its shareholders with price produced by accelerated expansion and enlargement curves. Consequently, an trader in Nano Dimension will acquire from its worth creation in “blue ocean” kind AM sectors moreover acquiring strategic upside from investment decision in Stratasys, which enjoys a commanding presence in large, steady much more experienced, mainly polymer-dependent AM systems. In contrast, Nano Dimension’s substance development thrusts and enterprise product strategy are centered close to metals with electro-mechanical conductive parameters, metals with remarkable mechanical features, dielectric material, and printing of multi-dimensional-digital units and mechanical components.”

Released by Globes, Israel company information – en.globes.co.il – on July 18 2022.

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