Nano Dimension Receives Budget for Ceramic Development

This winter, while Nano Dimension was still in the middle of delivering its DragonFly 2020 3D printer to multitudes of beta customers, it announced that it would also begin to develop 3D printed ceramic components for the aerospace and aviation sectors. This new area of development was made possible after the company received a grant from the Israel Innovation Authority. Today, Nano Dimension announced that it received a budget of NIS 585,000 (roughly $165,000) from the Israel Innovation Authority in order to finance a project that centers around the development of new 3D ceramic materials, and the project will be completed in collaboration with Semplastics LLC, one of the leading suppliers of engineered components for multiple industries. Nano Dimension has also signed private placement agreements with several Israeli investors this week, raising NIS 17.1 million (about $4.8 million). Read more at 3DPrint.com: http://3dprint.com/178151/nano-dimension-ceramics/

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