Nano Dimension announced the sale of two of their key technologies.
The technologies were their AME (Additively Manufactured Electronics) and Fabrica lines. The Fabrica line had been shut down about a year ago.
This is quite curious because the company entered the additive space years ago with the AME technology, and now it’s gone. Both technologies were sold to Inspira Technologies OXY B.H.N. Ltd.
If you haven’t heard about them, that’s not surprising because they are not an AM company. Inspira is in fact a small Israeli-listed medtech company that makes respiratory-care systems, and it has now unexpectedly become the buyer of Nano Dimension’s original AME and Fabrica lines. That makes it an unusual new owner for that tech, because its core identity has been medical devices (respiratory support tools) rather than industrial additive manufacturing.
If we now look at Nano Dimension’s products page under “additive”, we see both Fabrica and AME listed. But they are now gone as per the sale announcement.
Previously, the company had divested several AM technologies that had been scooped up by the previous management team, including Admatec, Deepcube, and Formatec.
Does that mean Nano Dimension has exited the AM business? Not at all.
Readers may recall the corporate collisions that happened last year when Nano Dimension was forced to buy both Desktop Metal and Markforged during a corporate management change.
However, last September, Nano Dimension sold off the Desktop Metal assets to Arc Impact Acquisition Corporation. That, combined with this week’s sale, leaves Nano Dimension with a single additive line: Markforged.
This is an amazing corporate switcheroo: Nano Dimension went from an AME company to a conglomerate holding multiple 3D printing technologies, to now … Markforged. In a sense, Nano Dimension has become Markforged.
Is this a positive move? The company said the sale removes around US$10M per year in annual “burn” (that’s the loss from operating those assets). The markets have reacted positively, boosting Nano Dimension’s stock somewhat.
It seems this could be the final stage in the long-running Nano Dimension acquisition saga.
Via Nano Dimension
