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Israeli 3D printing business Nano Dimension (Nasdaq: NNDM) has documented a 12.1% holding in Rehovot-based mostly 3D printing organization Stratasys (Nasdaq: SSYS). The stake is at the moment truly worth $152 million on the market place.

The buy of the shares, with some of the almost $1.5 billion, which it raised, in a series of community choices on Wall Road in late 2020 and early 2021, will make Nano Dimension the premier shareholder in Stratasys – an even bigger holding than Cathie Wood’s Ark Fund, which holds shares in equally organizations.




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Sources near to Nano Dimension insist that the business is not launching a hostile takeover. Stratasys focuses on 3D printing of polymers for manufacturing market though Nano Dimension specializes in 3D printing of electronic components.

Nano Dimension has a market cap of $860 million, down 80% from its peak final year, even though Stratasys has a current market cap of $1.26 billion, right after its share selling price has fallen only 5% above the earlier calendar year.

Nano Dimension claimed, “With $521 million and $607 million of profits in 2020 and 2021, respectively, Stratasys is a leader in the global change to AM as a result of sensible and linked 3D printers, polymer components, a program ecosystem and areas on need. Stratasys serves shoppers globally by reworking merchandise design and style, bringing agility to production and provide chains, and enhancing affected person care.”

Nano Dimension chairman and CEO Yoav Stern explained, “The intent of Nano Dimension in purchasing Stratasys shares is the development of a strategic financial investment in a sector-chief which is well proven in a relatively seasoned industry section, when Nano Dimension’s disruptive systems in AME and 3D metallic printing provide its shareholders with worth developed by accelerated development and expansion curves. Hence, an investor in Nano Dimension will achieve from its worth creation in “blue ocean” variety AM sectors moreover acquiring strategic upside from expense in Stratasys, which enjoys a commanding presence in significant, stable extra mature, typically polymer-centered AM technologies. In distinction, Nano Dimension’s materials improvement thrusts and business model method are centered all around metals with electro-mechanical conductive parameters, metals with superior mechanical features, dielectric substance, and printing of multi-dimensional-digital products and mechanical sections.”

Revealed by Globes, Israel business information – en.globes.co.il – on July 18 2022.

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