Nano Dimension Buys a Chunk of 3D Printing Stalwart Stratasys –

Nano Dimension (Nasdaq: NNDM) has been on an acquisition spree over the previous yr, choosing up smaller companies that may strengthen its portfolio. Its most up-to-date purchase, nevertheless, isn’t so small. The U.S.-Israeli electronics 3D printing agency has bought 12.12% of the excellent bizarre shares of 3D printing stalwart Stratasys Ltd. (Nasdaq: SSYS).

With its DragonFly IV 3D printer, Nano Dimension allows clients the power to supply printed circuit boards (PCBs) with advanced geometries. This has given it the power to accumulate a number of companies that can make up an more and more superior additively manufactured electronics (AME) platform.

Nano Dimensions’ electronics 3D printing course of. Picture courtesy of Nano Dimension.

The buy of Nanofabrica brings micro additive manufacturing (AM) capabilities to the corporate, whereas its acquisition of Deep Dice powers machine studying for improved high quality management. Shopping for Essemtec provides electronics meeting. Most not too long ago, Nano Dimension grabbed Admatec and Formtec, the precise implications of which for AME remains to be unknown. Nevertheless, it’s attainable that these open up the power to 3D print metallic and ceramic elements for PCBs. Furthermore, they supply extra income streams for Nano Dimension.

Now, Nano Dimension has taken out a piece of Stratasys shares, which may give it a say within the agency’s enterprise choices, enable the 2 corporations to develop each other mutually, and provides it extra funds going ahead. That is notably vital since, as one of the crucial established authentic tools producers (OEM) within the 3D printing house, Stratasys has the biggest market share of any AM OEM.

Stratasys sintered elements processed with DyeMansion coloring know-how. Picture courtesy of Stratasys.

Stratasys’s market share, nevertheless, has additionally been declining yr over yr, in accordance with the newest Wohlers Report. It has swapped out CEOs recurrently because the shopper 3D printing bubble of 2014. In Q1 of 2021, it did have its strongest quarter in six years, and generated $521 million in income in 2020 and $607 million in 2021. Stratasys has made its personal purchases, together with that of Xaar 3D to energy its new polymer sintering know-how, in addition to Origin and RPS to provide it vat photopolymerization applied sciences. Curiously, Stratasys additionally offered MakerBot to Ultimaker, whereas additionally investing within the latter firm. Altogether, it has one of many widest know-how portfolios after 3D Programs, together with its materials extrusion course of and inkjet. Inkjet, specifically, ought to complement the inkjet strategy of Nano Dimension’s personal Dragon Fly IV system, which noticed in individual earlier this yr.

Yoav Stern, Chairman and Chief Government Officer of Nano Dimension, commented: “The aim of Nano Dimension in shopping for Stratasys shares is the formation of a strategic funding in a market-leader which is nicely established in a comparatively seasoned market phase, whereas Nano Dimension’s disruptive applied sciences in AME and 3D metallic printing provide its shareholders with worth created by accelerated development and enlargement curves. Therefore, an investor in Nano Dimension will acquire from its worth creation in ‘blue ocean’ sort AM sectors plus having strategic upside from funding in Stratasys, which enjoys a commanding presence in massive, steady extra mature, principally polymer-based AM applied sciences. In distinction, Nano Dimension’s materials improvement thrusts and enterprise mannequin technique are centered round metals with electro-mechanical conductive parameters, metals with superior mechanical qualities, dielectric materials, and printing of multi-dimensional-electronic units and mechanical elements.

“By the way,” Mr. Stern concluded, “We might improve or lower our funding in Stratasys, topic to market circumstances and different financial elements, whereas protecting it beneath the framework and envelop which is able to evolve from the outline above.”

On condition that, by way of its 2012 merger with Objet, Stratasys can be partially Israeli, the synergies with Nano Dimension are robust. If the 2 had been to kind a single entity, it might create the one main OEM able to electronics 3D printing. Although that is nonetheless an rising sector, it’s apparent that corporations ranging from Google to Apple, in addition to each main navy, is researching electronics 3D printing. So, the prospect of a whole merger could be an attractive one.’s Matt Kremenetsky advised {that a} main 3D printer OEM buy an AME agency and it’s attainable that that would play out, although not precisely as envisioned.