Nano Dimension, Ltd
CEO: Amit Dror
WSA: Good day from Wall Street. This is Juan Costello, Senior Analyst with the Wall Street Analyzer. Joining us today is Amit Dror, CEO for Nano Dimension Limited. The company trades on the Tel Aviv stock exchange, NNDM and on the OTCQX NNDMY. Thanks for joining us today Amit.
Amit Dror: Hi Juan. How are you? Thank you.
WSA: Great, so starting off please give us a history and overview of the company?
Amit Dror: Well, Nano Dimension was founded in 2012. It focuses on development of advanced 3D printers and electronic systems. Nano Dimension’s unique products combine three advanced technologies, it’s 3D inkjet, 3D software and nanomaterials. The company’s primary product includes the first 3D printers dedicated to printing multilayer PCBs, Printed Circuit Boards and advanced nanotechnology based conductive and dielectric inks. As you mentioned we trade on the OTCQX and on Tel Aviv stock exchange. By the way we also applied to be listed on the NASDAQ. Nano Dimension is focused on the development and manufacture of technologies for professional printers, electronics application and that includes the 3D printers and materials, printers and materials for rapid prototyping of PCBs. So, the first 3D printer is dedicated to manufacturing PCBs, I mean DragonFly 2020 3D printer, is a revolutionary system dedicated to onsite production of professional multilayer PCBs.
WSA: And can you talk about some recent news there?
Amit Dror: Well, recent news, we applied for several patents in the fields of software, mechanics and nano materials. Actually two of the patents received recently a Notice of Allowance within less than a year, which is exceptional. We started working with beta customers on testing the 3D printer. Some of them were Fortune 100 companies and we recently closed another funding round of $13 million. That’s probably the recent news.
WSA: Right. So, what key trends that you are starting to focus on right now in the sector and how is the company positioned to capitalize?
Amit Dror: The overall PCB market is showing constant growth even in the more stable parts of the market such as telecom, the need to develop the next product is always growing with greater time and innovation pressure than ever. So, this is constant theme across verticals such as consumer products, automotive, inherent of things I think defense and even aerospace. So, in order to stay competitive, our potential customers require shortening the development cycle. They’re looking for faster time to market and they have to answer to the need of shorter product lifecycles and broader product ranges. So, Nano Dimension is positioning itself to provide a solution to those specific needs. Without 3D printer and nano inks we enable the electronics industry faster time to market, shorter development cycles and the fee that we receive from hundreds of potential customers is very positive.
WSA: So what are some of the key factors that you feel make you and your product unique from some of the other players in the sector?
Amit Dror: Well, as far as being there Nano Dimension is the only company that offers a dedicated solution for 3D printing of multilayer professional PCBs. That is electronic circuits like motherboards for example. Nano Dimension is also unique with its multidisciplinary approach. It developed – we have development teams focused on nano chemistry, advanced hardware engineering and smart software and those teams work together to achieve one applicable solution that is conforming the way electronics are designed and made and that’s a pretty unique selling point.
WSA: Certainly, what are some of the key goals and milestones that you’re hoping to accomplish over the course of the next year?
Amit Dror: 2016 is the year when we plan to complete the hot listing to the NASDAQ. We’re going to launch our first commercial 3D printer, the DragonFly 2020 and of course moving the company from being a pre-revenue to revenue. Those are the main milestones.
WSA: And perhaps you can walk us through your background and experience Amit and talk about the management there at Nano Dimension?
Amit Dror: Right. We are four founders who started the company, we are all working first in the company. I’m the CEO. We have the Chief Technology, the Chief of Operation and Chief of Marketing. We all come from being startup nation environment you could say, you know working for different Israeli and international tech companies. Our Chief Technology Officer, he brings 15 years of experience in digital printing, working for HP and others. I have led several companies as CEO and entrepreneur, while fundraising over $20 million dollars in some of them, building business plans and leading the management teams, so we have a strong technical and experienced management team in Nano Dimension.
WSA: So, as far as investors in the financial community what are some of the value drivers there that you wish perhaps, you know they better understood about the company?
Amit Dror: Well, I guess Nano Dimension is a promising tech company, soon to be a NASDAQ company, combining 3D printing and nanotechnology we present disruptive applicable solutions to the electronics market. So, I believe that Nano Dimension offers a very positive profile that appeals to most investors and in specific to investors who understand the near future index of 3D printing on the world’s high tech and electronics industry.
WSA: Certainly and so once again joining us today is Amit Dror, the CEO of Nano Dimension Limited, which trades on the Tel Aviv stock exchange, ticker symbol NNDM, as well as on the OTCQX NNDMY. Currently trading at $8.75 a share US and market cap is about $57 million US, and before we conclude here Amit to recap some of your key points, why do believe investors should consider the company as a good investment opportunity today?
Amit Dror: Well, as said what we bring is different. I think looking at it from an investor perspective, this is a new story. Investors who met with us understand that Nano Dimension is the first to bring the 3D printing revolution to the electronics industry. Currently we provide an applicable solution, but we also bring forward technology with implications for the whole $100 billion PCB industry and that’s sort of a game changer that I would love for investors to take into consideration.
WSA: Well, we certainly look forward to continue to track the company’s growth and report on the upcoming progress and we would like to thank you for taking the time to join us today Amit and update our investor audience on Nano Dimension Limited. It was great to have you on.
Amit Dror: Thank you Juan, thank you. It was great being here.