{"id":842183,"date":"2025-04-25T08:50:49","date_gmt":"2025-04-25T12:50:49","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/nano-dimension-announces-closing-of-markforged-acquisition\/"},"modified":"2025-04-25T08:50:49","modified_gmt":"2025-04-25T12:50:49","slug":"nano-dimension-announces-closing-of-markforged-acquisition","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/nano-dimension-announces-closing-of-markforged-acquisition\/","title":{"rendered":"Nano Dimension Announces Closing of Markforged Acquisition"},"content":{"rendered":"
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\n Company Gains Strong Foothold in Metal and Composite Manufacturing Solutions for Manufacturing Floors and Takes Leap Forward in AI-Enhanced Manufacturing<\/i>\n <\/p>\n

\n Markforged\u2019s CFO Joins Nano Dimension as Combined Company CFO<\/i>\n <\/p>\n

Waltham, Massachusetts, April 25, 2025 (GLOBE NEWSWIRE) — Nano Dimension Ltd. (Nasdaq: NNDM) (\u201cNano Dimension\u201d or the \u201cCompany\u201d), a leader in Digital Manufacturing solutions, today announced the completion of its acquisition of Markforged Holding Corporation (NYSE: MKFG) (“Markforged”), proving the Company a strong foothold in metal and composite manufacturing solutions and a leap forward in AI-enhanced manufacturing. The transaction, valued at $116 million or $5.00 per share, was finalized following necessary regulatory approvals and satisfaction of customary closing conditions. <\/p>\n

Mr. Ofir Baharav, Chief Executive Officer of Nano Dimension, commented: \u201cNano Dimension remains firmly committed to its vision: building a preeminent digital manufacturing leader. Completing the Markforged acquisition is a major milestone in fulfilling that vision. With proven metal and composite solutions that tightly integrate hardware, cloud-based AI-enhanced software, and materials science, Markforged has played a critical role in manufacturing on factory floors worldwide. Its install base of over 15,000 systems across leading industrial customers can serve as a strong platform for expanding Nano Dimension\u2019s reach. While Markforged solutions have achieved nearly 50% gross margin, we will continue to take clear, decisive steps to drive profitability and strengthen our capital position in the quarters ahead.\u201d<\/p>\n

\n Accelerating Leadership in Production Line Manufacturing<\/b>\n <\/p>\n

With this acquisition, Nano Dimension significantly enhances its position in the design-to-manufacturing of high-performance, high-value metal and composite parts directly where they matter most – on the manufacturing floor. Markforged is a leader not only in exceptional manufacturing systems and materials science, but also in cloud-based services and machine learning based AI manufacturing. AI enhancements uniquely address a critical manufacturing imperative: the precise and consistent replication of designed parts on the production line. Nano Dimension is committed to rapidly integrating and deploying these cutting-edge capabilities across its extensive portfolio of digital manufacturing solutions.<\/p>\n

Markforged\u2019s 15,000+ systems are deployed at global leaders across key industries including aerospace & defense, automotive, consumer electronics, industrial automation, and medical technology, along with government organizations. Their premium solutions have become critical for rapid manufacturing, re-shoring, supply chain resilience, IP security, and sustainability.<\/p>\n

In 2024, Markforged generated over $85 million in annual revenue with non-GAAP gross margins of approximately 50%.\u00a0 <\/p>\n

\n Leadership\u2019s Continued Focus\u00a0<\/b>\n <\/p>\n

As announced on March 26, 2025, Nano Dimension launched a comprehensive strategic assessment, with a particular focus on its core business and recent acquisitions. This effort reflects our commitment to delivering shareholder value through a strategy centered on:<\/p>\n