Nano Dimension Ltd., a leading additive electronics provider (NASDAQ, TASE: NNDM), today announced it has successfully sold 30 DragonFly Pro 3D printers throughout the full year 2018.
The company made this announcement as part of its release of selected preliminary unaudited estimates of financial results and other key accomplishments for the full year 2018:
- The company expects to report estimated revenues of $5.1 million for 2018, compared with $860,000 in 2017.
- The company doubled its reseller channel from 10 to 20 value-added resellers.
- The company successfully expanded its geographical presence with additional resellers in the Asia Pacific area including China, Taiwan and Korea, as well as additional countries in Europe, including Belgium, the Netherlands and Turkey, joining other company resellers in France and the United Kingdom.
- The company received repeat orders from industry leaders including TTM, a Fortune 500 company and one of the top 10 largest defense company in the world.
- The company achieved United States Government Certified Vendor status, having received a Commercial and Government Entity (CAGE) Code from the United States Department of Defense’s Defense Logistics Agency.
- The company sold several systems to different branches of the United States Armed Forces.
“We are very pleased with our commercial and operational results for 2018, meeting our targets and placing the company firmly on a multi-year growth trajectory,” said Amit Dror, CEO of Nano Dimension. “2018 was a year of nailing and scaling our product, use cases and go to market channel and we believe that our results demonstrate that we have successfully laid a robust foundation for accelerated customer adoption and growth.”
The preliminary results and estimates presented in this release are based on current expectations and are subject to period-end closing adjustments and completion of audit procedures. Actual results may differ.
