News & Events zu Markforged Holding Corp (MKFG)MKFGMarkforged Holding Corp

Nano Dimension appoints Assaf Zipori as CFO

Assaf Zipori, who has been CFO of Markforged (MKFG), was appointed as Nano Dimension's (NNDM) new CFO.

Nano Dimension announces closing of Markforged acquisition

Nano Dimension (NNDM) announced the completion of its acquisition of Markforged Holding Corporation (MKFG). The transaction, valued at $116M or $5.00 per share, was finalized following necessary regulatory approvals and satisfaction of customary closing conditions. The company said, "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. Markforged's 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. In 2024, Markforged generated over $85M in annual revenue with non-GAAP gross margins of approximately 50%." 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: Maintaining Financial Strength: Ensure a robust capital base. Driving Profitable Growth: Focus on products and services based on innovative technology with a growth outlook that can deliver financial results. Growing Margins: Achieve economic efficiencies in manufacturing, operations, supply chains and information systems. Building Indispensable Customer Partnerships: Deliver solutions that make Nano Dimension a critical manufacturing partner.

Nano Dimension completes acquisition of Desktop Metal

Nano Dimension (NNDM) announced the completion of its acquisition of Desktop Metal (DM), establishing a global leader in innovative disruptive systems, software, and materials for high-value, high-performance electronics, mechanical, and medical applications. The transaction, valued at $179.3M or $5.295 per share, was finalized following receipt of all necessary regulatory approvals and satisfaction of customary closing conditions. The combined company is expected to have annual revenue for the year ended December 31, 2024 of over $200 million, based on preliminary and unaudited full year 2024 results. The expanded enterprise will have global operations designing and delivering a complementary portfolio of advanced manufacturing solutions, including capital equipment, materials, and software, for design-to-manufacturing of sophisticated electronics, mechanical, and medical applications. The expanded diverse customer base will include Fortune 500 companies and industry leaders across aerospace & defense, automotive, consumer, electronics, industrial automation, medical technology, along with research & development, academic, and government organizations. This acquisition was completed under the stewardship of a new board of directors and management team from when the merger agreement was signed in July 2024. This refreshed group is concentrated on addressing the realities of a combined company with an unwavering focus on establishing a sustainable business model. Since Nano Dimension's new leadership assumed responsibility in December 2024, Nano Dimension has been undergoing a strategic review and has undertaken notable improvements in its operating model to reduce expenses of the core business. Building on these early successes, the leadership team will now expand these optimization initiatives across the combined organization with increased scope and urgency. The new leadership's accelerated transformation plan centers on: Maintaining Financial Strength: Ensure a robust capital base. Driving Profitable Growth: Focus on products and services where there is innovative technology with a growth outlook that can deliver financial results. Growing Margins: Achieve economic efficiencies in manufacturing, operations, supply chains and information systems. Building Indispensable Customer Partnerships: Deliver solutions that make Nano Dimension a critical manufacturing partner. Nano Dimension will provide additional details regarding integration plans and financial outlook for the combined company following a comprehensive strategic review. Nano Dimension will also address potential synergies with its pending merger with Markforged (MKFG) in future communications.