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Section 1: 6-K (REPORT OF FOREIGN PRIVATE ISSUER)

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

Form 6-K

 

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16

under the Securities Exchange Act of 1934

 

For the month of: August 2018 (Report No. 2)

 

Commission file number: 001-37600

 

NANO DIMENSION LTD.

(Translation of registrant’s name into English)

 

2 Ilan Ramon

Ness Ziona 7403635 Israel

(Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F ☒          Form 40-F ☐

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulations S-T Rule 101(b)(1):_____

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulations S-T Rule 101(b)(7):_____

 

 

 

 

 

 

CONTENTS

 

This Report of Foreign Private Issuer on Form 6-K consists of the Registrant’s press release issued on August 6, 2018, announcing the Registrant’s financial results for the second quarter ended June 30, 2018, which is attached hereto as Exhibit 99.1, and the Registrant’s corporate presentation which was posted on its website, which is attached hereto as Exhibit 99.2.

 

The sections titled “Second Quarter 2018 Financial Results,” “Six Months Ended June 30, 2018 Financial Results,” “Balance Sheet Highlights,” and “Forward-Looking Statements,” and the IFRS financial statements in the press release are incorporated by reference into the registration statements on Form F-3 (File No. 333-217173) and Form S-8 (File No. 333-214520) of the Registrant, filed with the Securities and Exchange Commission, to be a part thereof from the date on which this report is submitted, to the extent not superseded by documents or reports subsequently filed or furnished.

 

Exhibit No.

 

99.1   Press Release issued by Nano Dimension Ltd. on August 6, 2018, announcing its financial results for the second quarter ended June 30, 2018.
     
99.2   Corporate Presentation of Nano Dimension Ltd., dated August 2018.

 

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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  Nano Dimension Ltd.
  (Registrant)
     
Date: August 6, 2018 By: /s/ Yael Sandler
  Name:  Yael Sandler
  Title: Chief Financial Officer

 

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Section 2: EX-99.1 (PRESS RELEASE ISSUED BY NANO DIMENSION LTD. ON AUGUST 6, 2018, ANNOUNCING ITS FINANCIAL RESULTS FOR THE SECOND QUARTER ENDED JUNE 30, 2018)

Exhibit 99.1

 

 

Nano Dimension Reports 2018 Second Quarter Financial Results

 

Conference call to be held today at 09:00 a.m. EDT

 

Ness Ziona, Israel, August 6, 2018 – Nano Dimension Ltd., a leading additive electronics provider (Nasdaq, TASE: NNDM), today announced financial results for the second quarter ended June 30, 2018.

 

Nano Dimension reported revenues of $1,088,000 for the second quarter of 2018. The Company ended the quarter with $11,601,000 in cash, while total loss for the second quarter was $3,770,000.

 

“Nano Dimension experienced continued success in the second quarter, as multiple sales to leading companies throughout the world demonstrated growing interest in the DragonFly 2020 Pro 3D printer,” said Amit Dror, Chief Executive Officer of Nano Dimension. “Additionally, Nano Dimension became a U.S. Department of Defense certified vendor, allowing us to pursue new sales and relationships with the U.S. federal government agencies.”

 

“As we continue to expand and strengthen our global reseller network, we are seeing results with key sales in major markets. In the Asia-Pacific region, and specifically in China, we made significant progress during the second quarter. We entered into a strategic agreement with Aurora 3D, a leading reseller in mainland China, and we opened our fourth Customer Experience Center in our new Hong Kong facility, located in the Hong Kong Science and Technology Park. We expect continuous growth with the support of our resellers and strategic partners,” concluded Mr. Dror.

 

Second Quarter 2018 Financial Results

 

Total revenues for the second quarter of 2018 were $1,088,000, compared to $635,000 in the first quarter of 2018 and $142,000 in the second quarter of 2017. The increase was attributed to higher commercial sales of the DragonFly 2020 Pro 3D printer that began in the fourth quarter of 2017.
   
Research and development (R&D) expenses for the second quarter of 2018 were $2,063,000, compared to $2,548,000 in the first quarter of 2018 and $2,955,000 in the second quarter of 2017. The decrease compared to both the first quarter of 2018 and the second quarter of 2017 was mainly attributed to a decrease in payroll and related expenses.

 

Sales and marketing expenses for the second quarter of 2018 were $1,086,000, compared to $786,000 in the first quarter of 2018 and $463,000 in the second quarter of 2017. The increase compared to the first quarter of 2018 was mainly attributed to an increase in payroll and related expenses and marketing and advertising expenses. The increase compared to the second quarter of 2017 was mainly attributed to an increase in payroll and related expenses, marketing and advertising expenses and depreciation expenses.
   
General and administrative (G&A) expenses for the second quarter of 2018 were $609,000, compared to $885,000 in the first quarter of 2018 and $1,040,000 in the second quarter of 2017. The decrease compared to the first quarter of 2018 was mainly attributed to a decrease in professional services expenses. The decrease compared to the second quarter of 2017 was mainly attributed to a decrease in professional services expenses and directors’ fees.
   
Net loss for the second quarter of 2018 was $3,770,000, or $0.04 per share, compared to $4,123,000, or $0.05 per share, in the first quarter of 2018 and $4,737,000, or $0.09 per share, in the second quarter of 2017. The decrease compared to the first quarter of 2018 and the second quarter of 2017 was mainly attributed to a decrease in R&D and G&A expenses, as described above.

 

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Six Months Ended June 30, 2018 Financial Results

 

Total revenues for the six months ended June 30, 2018 were $1,723,000, compared to $260,000 in the six months ended June 30, 2017. The increase was attributed to commercial sales of the DragonFly 2020 Pro 3D printer that began in the fourth quarter of 2017.
   

R&D expenses for the six months ended June 30, 2018 were $4,611,000, compared to $5,370,000 in the six months ended June 30, 2017. The decrease resulted primarily from a decrease in payroll and related expenses and materials expenses.

 

The R&D expenses for the six months ended June 30, 2018 are presented net of government grants in the amount of $21,000.

   
Sales and marketing expenses for the six months ended June 30, 2018 were $1,872,000, compared to $922,000 in the six months ended June 30, 2017. The increase was mainly attributed to an increase in payroll and related expenses, marketing and advertising expenses and depreciation expenses.
   
G&A expenses for the six months ended June 30, 2018 were $1,494,000, compared to $1,944,000 in the six months ended June 30, 2017. The decrease was mainly attributed to a decrease in professional services expenses and directors’ fees.
   
Net loss for the six months ended June 30, 2018 was $7,893,000, or $0.09 per share, compared to $9,226,000, or $0.18 per share, in the six months ended June 30, 2017.

 

Balance Sheet Highlights

 

Cash and cash equivalents totaled $11,601,000 as of June 30, 2018, compared to $6,103,000 on December 31, 2017. The increase compared to December 31, 2017 mainly reflects proceeds received from the sale of American Depositary Shares representing the Company’s ordinary shares in the first quarter of 2018, less cash used in operations during the six months ended June 30, 2018.

 

Shareholders’ equity totaled $23,039,000 as of June 30, 2018, compared to $18,166,000 as of December 31, 2017.

 

Conference call information

 

The Company will host a conference call to discuss these financial results today, August 6, 2018, at 09:00 a.m. EDT (04:00 p.m. IDT). Investors interested in participating are invited to register for the conference call here: http://dpregister.com/10121746. Dial-in numbers, including a local Israeli number and instructions, will be provided upon registration. U.S. Dial-in Number: 1-866-777-2509, International Dial-in Number: 1-412-317-5413, Israel Toll Free Dial-in Number: 1-80-9212373. Please request the “Nano Dimension NNDM call” when prompted by the conference call operator. The conference call will also be webcast live from the Investor Relations section of Nano Dimension’s website at http://investors.nano-di.com/events-and-presentations.

 

For those unable to participate in the conference call, there will be a replay available from a link on Nano Dimension’s website at http://investors.nano-di.com/events-and-presentations.

 

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About Nano Dimension

 

Nano Dimension (Nasdaq, TASE: NNDM) is a leading electronics provider that is disrupting, reshaping, and defining the future of how cognitive connected products are made. With its unique 3D printing technologies, Nano Dimension is targeting the growing demand for electronic devices that require increasingly sophisticated features. Demand for circuitry, including PCBs - which are the heart of every electronic device - covers a diverse range of industries, including consumer electronics, medical devices, defense, aerospace, automotive, IoT and telecom. These sectors can all benefit greatly from Nano Dimension's products and services for rapid prototyping and short-run 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 such statements deal with future events and are based on Nano Dimension’s current expectations, they are subject to various risks and uncertainties, and actual results, performance or achievements of Nano Dimension could differ materially from those described in or implied by the statements in this press release. For example, Nano Dimension is using forward-looking statements when it discusses pursuing new sales and relationships with U.S. federal government agencies, and expectations regarding continuous growth with the support of resellers and strategic partners. 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 15, 2018, and in any subsequent filings with the SEC. The following factors, among others, could cause actual results to differ materially from those described in the forward-looking statements: Nano Dimension’s ability to increase sales and revenue, its burn rate, and its ability to continue as a going concern. Except as otherwise 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 such websites is not incorporated by reference into this press release. Nano Dimension is not responsible for the contents of third party websites. 

 

CONTACT INVESTOR RELATIONS: 
Miri Segal-Scharia

CEO

MS-IR LLC 
917-607-8654 
msegal@ms-ir.com 

 

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Consolidated Statements of Financial Position as at

 

   June 30,   December 31, 
   2017   2018   2017 
(In thousands of USD)  (Unaudited)   (Unaudited)     
             
Assets            
Cash and cash equivalents   16,495    11,601    6,103 
Restricted deposits   222    20    107 
Trade receivables   --    628    94 
Other receivables   1,181    653    583 
Inventory   175    2,488    2,336 
Total current assets   18,073    15,390    9,223 
                
Restricted deposits   122    329    346 
Property plant and equipment, net   4,404    5,248    5,172 
Intangible assets   7,081    6,369    6,755 
Total non-current assets   11,607    11,946    12,273 
Total assets   29,680    27,336    21,496 
                
Liabilities               
Trade payables   820    1,162    512 
Other payables   2,184    1,929    1,683 
Total current liabilities   3,004    3,091    2,195 
                
Liability in respect of government grants   774    934    833 
Other long-term liabilities   329    272    302 
Total non-current liabilities   1,103    1,206    1,135 
Total liabilities   4,107    4,297    3,330 
                
Equity               
Share capital   2,301    3,291    2,307 
Share premium   44,210    58,613    45,722 
Treasury shares   (1,509)   (1,509)   (1,509)
Warrants   1,204    13    33 
Presentation currency translation reserve   941    1,431    1,431 
Capital reserve from transactions with controlling shareholders   63    63    63 
Capital reserve for share-based payments   5,728    5,152    6,241 
Accumulated loss   (27,365)   (44,015)   (36,122)
Total equity   25,573    23,039    18,166 
Total liabilities and equity   29,680    27,336    21,496 

 

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Consolidated Statements of Profit or Loss and Other Comprehensive Income

(In thousands of USD, except per share amounts) 

  

   For the Six-Month Period Ended
June 30,
   For the Three-Month Period Ended
June 30,
   For the Year ended December 31, 
   2017(*)   2018   2017(*)   2018   2017(*) 
   (Unaudited)   (Unaudited)   (Unaudited)   (Unaudited)     
                     
Revenues   260    1,723    142    1,088    829 
                          
Cost of revenues   82    1,124    40    788    409 
                          
Cost of revenues - amortization of intangible   365    386    181    193    743 
                          
Total cost of revenues   447    1,510    221    981    1,152 
                          
Gross profit (loss)   (187)   213    (79)   107    (323)
                          
Research and development expenses, net   5,370(**)   4,611    2,955(**)   2,063    10,820 
                          
Sales and marketing expenses   922(**)   1,872    463(**)   1,086    2,183 
                          
General and administrative expenses   1,944(**)   1,494    1,040(**)   609    3,362 
                          
Operating loss   (8,423)   (7,764)   (4,537)   (3,651)   (16,688)
                          
Finance income   55    47    40    23    102 
                          
Finance expense   858    176    240    142    917 
                          
Total comprehensive loss   (9,226)   (7,893)   (4,737)   (3,770)   (17,503)
                          
Basic and diluted loss per share   (0.18)   (0.09)   (0.09)   (0.04)   (0.31)
Basic and diluted loss per ADS   (0.90)   (0.45)   (0.45)   (0.20)   (1.54)

 

* Presented according to the change in our functional and presentation currency from NIS to U.S. dollars, effective January 1, 2018. The change in functional currency is accounted for prospectively from that date. Accordingly, comparative profit or loss figures have been translated into U.S. dollars using average exchange rates for the reporting periods.

 

**   Reclassified 

 

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Consolidated Statements of Changes in Equity (Unaudited)

(In thousands of USD)

 

   Share
capital
   Share premium   Treasury shares   Warrants   Presentation currency translation reserve   Capital reserve from transactions with controlling shareholders   Capital reserve for share- based payments   Accumulated loss   Total
equity
 
                                     
For the six months ended June 30, 2018:                                    
Balance as of January 1, 2018   2,307    45,722    (1,509)   33    1,431    63    6,241    (36,122)   18,166 
Issuance of ordinary shares, net   981    11,490    --    --    --    --    --    --    12,471 
Exercise of options   3    874    --    --    --    --    (877)   --    -- 
Expiration of options   --    527    --    (20)   --    --    (507)   --    -- 
Share-based payments   --    --    --    --    --    --    295    --    295 
Net loss   --    --    --    --    --    --    --    (7,893)   (7,893)
                                              
Balance as of June 30, 2018   3,291    58,613    (1,509)   13    1,431    63    5,152    (44,015)   23,039 
                                              
For the three months ended June 30, 2018:                                             
Balance as of April 1, 2018   3,290    57,815    (1,509)   33    1,431    63    5,860    (40,245)   26,738 
Exercise of options   1    618    --    --    --    --    (619)   --    -- 
Expiration of options   --    180    --    (20)   --    --    (160)   --    -- 
Share-based payments   --    --    --    --    --    --    71    --    71 
Net loss   --    --    --    --    --    --    --    (3,770)   (3,770)
                                              
Balance as of June 30, 2018   3,291    58,613    (1,509)   13    1,431    63    5,152    (44,015)   23,039 

 

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Section 3: EX-99.2 (CORPORATE PRESENTATION OF NANO DIMENSION LTD., DATED AUGUST 2018)

Exhibit 99.2

 

August 2018 NASDAQ/TASE: NNDM Making Additive Manufacturing Intelligent Nano Dimension®

 

 

2 NASDAQ / TASE : NNDM 2 NASDAQ / TASE : NNDM www.nano - di.com | © 2018 Nano Dimension. All rights reserved. Forward Looking Statements This presentation of Nano Dimension Ltd . (the “Company”) contains “forward - looking statements” within the meaning of the Private Securities Litigation Reform Act and other 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 . For example, we are using forward - looking statements when we discuss the potential of our products, our target markets, our strategic growth plan, the size of our total addressable market, expected recurring revenue growth, and our 2018 - 2020 expected target operating model . Forward - looking statements are not historical facts, and are based upon management’s current expectations, beliefs and projections, many of which, by their nature, are inherently uncertain . Such expectations, beliefs and projections are expressed in good faith . However, there can be no assurance that management’s expectations, beliefs and projections will be achieved and actual results may differ materially from what is expressed in or indicated by the forward - looking statements . Forward - looking statements are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in the forward - looking statements . For a more detailed description of the risks and uncertainties affecting the Company, reference is made to the Company’s reports filed from time to time with the Securities and Exchange Commission (“SEC”), including, but not limited to, the risks detailed in the Company’s annual report for the year ended December 31 , 2017 , filed with the SEC . Forward - looking statements speak only as of the date the statements are made . The Company assumes no obligation to update forward - looking statements to reflect actual results, subsequent events or circumstances, changes in assumptions or changes in other factors affecting forward - looking information except to the extent required by applicable securities laws . If the Company does update one or more forward - looking statements, no inference should be drawn that the Company will make additional updates with respect thereto or with respect to other forward - looking statements .

 

 

3 NASDAQ / TASE : NNDM 3 NASDAQ / TASE : NNDM www.nano - di.com | © 2018 Nano Dimension. All rights reserved. DISRUPT. SHAPE. DEFINE. How Smart Products are Made 3 NASDAQ / TASE : NNDM Nano Dimension is the world’s leading additive electronics provider, targeting the growing demand for increasingly sophisticated electronic devices that rely on encapsulated sensors, antennas and PCBs. With its unique 3 D printing technology the company is disrupting, shaping, and defining how electronics are made. www.nano - di.com | © 2018 Nano Dimension. All rights reserved.

 

 

4 NASDAQ / TASE : NNDM 4 NASDAQ / TASE : NNDM www.nano - di.com | © 2018 Nano Dimension. All rights reserved. At the Heart of Industry 4.0 Convergence 4 NASDAQ / TASE : NNDM Over 20 billion IoT connected devices today Doubles every 5 years Mechanical design Additive manufacturing Electronics design manufacturing Digital production : cloud, big data, AI 20 27 36 51 75 2017 2019 2021 2023 2025 IoT connected devices (billions) * * Source: statista.com

 

 

5 NASDAQ / TASE : NNDM 5 NASDAQ / TASE : NNDM www.nano - di.com | © 2018 Nano Dimension. All rights reserved. Company Overview Listed on the TASE in 2014 and on the Nasdaq in 2016 Since 2014 : - Developed printer - Developed materials - Established manufacturing - Built organization Since 2016 : Conducted comprehensive early access trials with Fortune 500 companies Opened 4 Customer Experience Centers Recruited 12 value - added resellers world - wide 2018 Execution: - Opened U.S. headquarters - Opened HK Office, expanding reach in Asia Pacific Started generating revenues: Q 4 2017 - $ 440 k Q 1 2018 - $ 635 k Q 2 2018 - $ 1,088 k

 

 

6 NASDAQ / TASE : NNDM 6 NASDAQ / TASE : NNDM www.nano - di.com | © 2018 Nano Dimension. All rights reserved. Expanded into Asia - Pacific markets with 3D printer sales, new resellers and Regional Office in Hong Kong Recent Highlights Marked U.S. growth with additional printer sales, U.S. Headquarters and Customer Experience Center Certified U.S. Department of Defense vendor and Sold 3D printers to one of world’s 10 largest defense companies Dr. Jaim Nulman appointed Chief Technology Officer Awards: IDTechEx Award for Technical Development Materials & NPI 2018 award at the IPC APEX CEO demonstrated personal confidence in company success, voluntarily committed six month’s salary to buy NNDM stock Partnered with AURORA Group, China’s leading distributor of additive manufacturing systems and sold a second 3 D printer to the Group

 

 

7 NASDAQ / TASE : NNDM 7 NASDAQ / TASE : NNDM www.nano - di.com | © 2018 Nano Dimension. All rights reserved. Growth Plan: Customer - Centric Approach x Commenced global sales in EU, USA, APAC x Opened multiple Customer Experience Centers in the US, Israel and Hong Kong x Initiated sales and technical training programs for resellers & customers x Formed strategic partnerships with Solidworks , Zuken, Space Florida, Harris x Converted beta clients to commercial customers QUARTER BY QUARTER GROWTH IN SALES AND REVENUES Expanded client base, including Fortune 500 and leading defense companies EXPANDED GEOGRAPHICAL REACH Established sales and service presence in US and Hong Kong ENHANCED CHANNEL TO SUPPORT GROWTH Recruited 12 value - added resellers & continue to increase The company is well positioned to increase revenue growth

 

 

8 NASDAQ / TASE : NNDM 8 NASDAQ / TASE : NNDM www.nano - di.com | © 2018 Nano Dimension. All rights reserved. 8 NASDAQ / TASE : NNDM PRINTED ANTENNAS MINIATURIZING MODULES EMBEDDING ELECTRONIC COMPONENTS WITHIN CIRCUIT BOARDS ENCAPSULATING SENSORS Making Additive Intelligent and Connected Printed with the DragonFly Pro 3 D Printer

 

 

9 NASDAQ / TASE : NNDM 9 NASDAQ / TASE : NNDM www.nano - di.com | © 2018 Nano Dimension. All rights reserved. High precision inkjet technology Multi - material 3 D printing Combining conductive nano - metals & polymers First additive manufacturing for functional 3 D electronics + = Revolutionizing Development & Manufacturing Breaking Electronics Design Barriers

 

 

10 NASDAQ / TASE : NNDM 10 NASDAQ / TASE : NNDM www.nano - di.com | © 2018 Nano Dimension. All rights reserved. WHAT OUR CUSTOMERS SAY Adopted by Leading Fortune 500 Companies “We were so impressed with Nano Dimension’s 3 D printers that we quickly moved to make them central to our entire digital infrastructure.” - Bodo Huber, CEO of PHYTEC “Demonstrate double - sided, multi - layer circuits, with no - touch manufacturing labor. Such development is planned to lead to cost reductions of $ 400 K per small satellite, thus providing enormous market capabilities for both entities.” - Space Florida, Harris Corporation collaboration with Nano Dimension “There is a lot of enthusiasm around the DragonFly 2020 Pro 3D Printer in terms of technological breakthrough, and how it can radically change development processes. Our objective is to use the system to simplify workflows and design increasingly complex parts – which will include PCBs and embedded circuits – with many more functions than are possible with traditional manufacturing techniques.” - Olivier Vancauwenberghe , Sensor Research Manager at Safran Tech “The Nano Dimension DragonFly 2020 Pro is a groundbreaking technology that opens unimagined possibilities for electronics designers & manufacturers,” - Daniel Chi, GM of 3 D Business Unit, AURORA Group

 

 

11 NASDAQ / TASE : NNDM 11 NASDAQ / TASE : NNDM www.nano - di.com | © 2018 Nano Dimension. All rights reserved. Continue to Expand our Global Coverage Resellers Customers Headquarters August 2018 Footprint

 

 

12 NASDAQ / TASE : NNDM 12 NASDAQ / TASE : NNDM www.nano - di.com | © 2018 Nano Dimension. All rights reserved. Total Addressable Market • Additive Manufacturing analysts predict 3 D printed electronics will be the next high - growth application for product innovation • 2018 3 D printed electronics market size is estimated at ~$ 118 million, expected to reach $ 2.8 billion by 2025 * 0 500 1000 1500 2000 2500 3000 2018 2019 2020 2021 2022 2023 2024 2025 Revenues Forecast - 3 D Printed Electronics * (USD Millions) * Source: SmarTech Publishing, 2016

 

 

13 NASDAQ / TASE : NNDM 13 NASDAQ / TASE : NNDM www.nano - di.com | © 2018 Nano Dimension. All rights reserved. Open - Ended Growth Potential INDUSTRY VERTICALS • Defense • Automotive • Industrial • Aerospace • Consumer electronics & IoT • Telecom • Medical devices RESEARCH INSTITUTES • Academic institutions and universities • Research & innovation centers ADDITIVE SERVICES • Additive service bureaus • PCB service bureaus • In - house print services

 

 

14 NASDAQ / TASE : NNDM 14 NASDAQ / TASE : NNDM www.nano - di.com | © 2018 Nano Dimension. All rights reserved. We Built Comprehensive Manufacturing Capabilities In - house 3 D printer manufacturing In - house nano ink manufacturing - Capacity to meet future demand Top quality certified ISO 14001 and OHSAS 18001

 

 

15 NASDAQ / TASE : NNDM 15 NASDAQ / TASE : NNDM www.nano - di.com | © 2018 Nano Dimension. All rights reserved. We Deliver Tangible Customer Value Increase design power Protect IP Accelerate time to market Improve efficiency

 

 

16 NASDAQ / TASE : NNDM 16 NASDAQ / TASE : NNDM www.nano - di.com | © 2018 Nano Dimension. All rights reserved. The Nano Dimension Difference DOMAIN EXPERTISE CHANNEL ACCESS TECHNOLOGY PLATFORM QUALITY EXPERIENCE HARDWARE CONSUMABLES SOFTWARE SERVICES

 

 

17 NASDAQ / TASE : NNDM 17 NASDAQ / TASE : NNDM www.nano - di.com | © 2018 Nano Dimension. All rights reserved. NASDAQ / TASE NNDM ADR Ratio: 1:5 Revenues: Q 4 2017 : $ 440 k Q 1 2018 : $ 635 k Q 2 2018 : $ 1,088 k Total funding to date $ 59 M Market Cap $ 41 M * Shares outstanding 96.5 M ** (equivalent to 19.3 M ADS) Public float ≈ 93 % ** Cash $11.6M ** no debt Select Financial Data * As of August 3, 2018 ** As of June 30, 2018 *** Officers, Directors and over 5% shareholders 93 % 7 % Public float 93 % Interested parties’ holdings *** 7 % **

 

 

18 NASDAQ / TASE : NNDM 18 NASDAQ / TASE : NNDM www.nano - di.com | © 2018 Nano Dimension. All rights reserved. Recurring Revenue Model Razor and blades model: As the install base of printers grows, the portion of recurring revenues from consumables increases significantly yr 1 yr 2 yr 3 yr 4 yr 5 Consumable revenues Printer revenues 100 % 100% 100% 100% 100%

 

 

19 NASDAQ / TASE : NNDM 19 NASDAQ / TASE : NNDM www.nano - di.com | © 2018 Nano Dimension. All rights reserved. Expected Target Operating Model 2018 - 2020 We expect a revenue CAGR of at least 100 % We expect a gross profit margin of 50 % * We expect cash used in operations to decline by approximately 50 % by 2020 *Excluding cost of revenues derived from amortization of intangible assets

 

 

20 NASDAQ / TASE : NNDM 20 NASDAQ / TASE : NNDM www.nano - di.com | © 2018 Nano Dimension. All rights reserved. Strategic Growth Plan Horizon 2 Monetize commercially available products and services for additive electronics design Horizon 1 Deliver higher speed production - grade additive electronics systems and more materials Current State Deliver hybridized capabilities that combine mechanical functionality within electrified geometries www.nano - di.com | © 2018 Nano Dimension. All rights reserved.

 

 

21 NASDAQ / TASE : NNDM 21 NASDAQ / TASE : NNDM www.nano - di.com | © 2018 Nano Dimension. All rights reserved. Experienced Leadership Team Ofir Baharav Director Shlomo Magdassi Advisory Board Avi Reichental Chairman of the Board Amit Dror CEO and Co - Founder Simon Fried US President, CBO and Co - Founder Yael Sandler CFO Jaim Nulman CTO

 

 

22 NASDAQ / TASE : NNDM 22 NASDAQ / TASE : NNDM www.nano - di.com | © 2018 Nano Dimension. All rights reserved. Summary Unmatched product portfolio Innovative business model Significant technology strength Focused growth initiatives Open - ended growth opportunities Experienced management team www.nano - di.com | © 2018 Nano Dimension. All rights reserved.

 

 

23 NASDAQ / TASE : NNDM 23 NASDAQ / TASE : NNDM www.nano - di.com |

 

 

 

 

© 2018 Nano Dimension. All rights reserved. Nano Dimension® Copyright © 20 ϭϴ Nano Dimension Ltd. Nano Dimension, DragonFly, AgCite and the DragonFly logo are trademarks of Nano Dimension. Printed August 2018 DragonFly™ Follow us: @nanodimensiontech @3Dpcb www.nano - di.com NASDAQ: NNDM THANK YOU

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