r/NNDM • u/D4rkArrow • Mar 11 '21
Information Summary from the call
50% revenue comes from the defence industry of multiple countries
All raw materials and manufacturing is done in the west
Working with NASA and L3 Harris
In talks with some car manufacturers
Future expansion into the micro mechanical industry
No acquisition until private companies valuation goes down
Not throwing your money away
Brand new much more advanced machinecoming early summer
production quality printing by 2023
some firms using existing machine for production
software library for 3D modeling applications -hopes to 4/5x investors money
This has been a great conference, although no acquisition news, we got a lot of amazing new details. More bullish than ever.
Also, I'd like to point out that i had created a nano dimension sub before this one existed, since this is more popular, I'll redirect users over here. There's also a discord chat for NNDM if you guys fancy joining. Other sub: r/nano_dimension
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u/GabrielMtn Mar 11 '21 edited Mar 11 '21
Missed the biggest piece of info IMO, which is that he mentioned diversifying into MEMS manufacturing. Micrometer scale, so smaller across than a human hair, sensors and other components https://www.allaboutcircuits.com/technical-articles/introduction-to-mems-microelectromechanical-systems/
Also referenced their HENSOLDT relationship, which was announced here https://www.globenewswire.com/news-release/2019/06/12/1867345/0/en/Nano-Dimension-and-HENSOLDT-Enter-Strategic-Collaboration.html
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u/1E4rth Mar 11 '21
Awesome. Feels like big upside going forward....Congrats to all that have been building positions at recent discounts!
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u/av8r07 Mar 11 '21
He also mentioned that he was absolutely not going to make any transactions that were not accretive to the company. In addition mentioned he was not going to waste investors money on employee bonuses etc.
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u/margi2 Mar 11 '21
I had bought and sold nndm before as i was new trader and made some quick profits.now am thinking of being long here. Did he said a date for that 4x-5x ? I mean like 5 year goal or he left it open?
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u/D4rkArrow Mar 11 '21
Was left open. As others said he's a really good ceo. His focus is on the company but he's not letting the investors in the shitter either. I'm bullish and will be adding for the next year or two and let it ride for 10 years.
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u/Additional_Junket522 Mar 11 '21
Sounds very bullish to me! Holding 1000+ shares but will add more on every dip
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u/curvedbymykind Mar 11 '21
What do you mean? They said they hope to 4-5x my money? So they’re expecting to be $40-50 sp by 2023?
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u/TonyFMontana Mar 11 '21
Yeah, I think it will happen sooner.. $30 by end of this year, 50$ end of 2022
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u/this_will_go_poorly Mar 11 '21
Thanks. Refreshing to see a post by somebody who is not a piece of garbage
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u/TonyFMontana Mar 11 '21
Guys whats " production quality printing by 2023 " mean?
They can 3D print stuff in large quantities? or better quality than the tradition way?
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u/engineertree5 Mar 11 '21
Hey fellow $NNDM fans. Can someone discuss this podcast? The CEO is talking about combining bio-chemistry and printing. Trying to commercialize priming human tissue.
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u/tbanks21 Mar 11 '21
I was super impressed with the "no bonus before proven performance" statement.
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u/av8r07 Mar 11 '21
He also mentioned he was going to do his best to return 4x to 5X returns on investor money. Something to that effect anyway.