Nano Dimension Ltd · NASDAQ:NNDM
Nano Dimension — Investor Presentation (July 2020)
45 slides from Nano Dimension's investor presentation, Jul 13, 2020
Slide 1: Nano Dimension corporate presentation July 2020
1 NASDAQ : NNDM www.nano - di.com | © 2020 Nano Dimension. All rights reserved. Nano Dimension is a Developer & Provider of Intelligent Machines and Consumable Conductive & Dielectric Materials (Inks) for the Fabrication of A dditively M anufactured E lectronics ( AME ), a/k/a P rinted E lectronics
Slide 2: Forward Looking Statements
2 NASDAQ : NNDM www.nano - di.com | © 2020 Nano Dimension. All rights reserved. Forward Looking Statements This presentation of Nano Dimension Ltd . (the “Company”) contains “forward - looking statements” within the meaning of the Private Securities Litigation Reform Act and other securities laws .
Slide 3: AME Machines and Consumable Materials
3 NASDAQ : NNDM www.nano - di.com | © 2020 Nano Dimension. All rights reserved. AME Machines and Consumable Materials ( Polymers & Silver ) H igh P erformance E lectronic D evices: Hi - PEDs https://www.youtube.com/watch?v=UFaWb0aUjPk&list=PLW7Y0iWnWhTShewSmy657p - 0GnD2lotVr • Growth Play, Protecte
Slide 4: A Rapidly Growing Market for High Performance Electronic Devices
4 NASDAQ : NNDM www.nano - di.com | © 2020 Nano Dimension. All rights reserved. A Rapidly Growing Market for H igh P erformance E lectronic D evices ( Hi - PEDs ) High Performance Electronic Devices (Hi - PEDs) are integral enablers of: INDUSTRY VERTICALS • Defense • Aerospace • Intelligent drones •
Slide 5: Nano Dimension's Solutions
5 NASDAQ : NNDM www.nano - di.com | © 2020 Nano Dimension. All rights reserved. 5 NASDAQ : NNDM www.nano - di.com | © 2019 Nano Dimension. All rights reserved. Nano Dimension’s Solutions AME/PE Machines (controlled by AI algorithms ) produce electronic devices by simultaneous 3D - injection of polym
Slide 6: Business Model: Recurring Revenue Model that Scales
6 NASDAQ : NNDM www.nano - di.com | © 2020 Nano Dimension. All rights reserved. BUSINESS MODEL : Recurring Revenue Model that Scales Razor - Razorblade Model: As the installed base of systems grows, the recurring revenues from consumables increases . Positive trend of increased ink consumption by cu
Slide 7: Nano Dimension: Financial Data
7 NASDAQ : NNDM www.nano - di.com | © 2020 Nano Dimension. All rights reserved. NASDAQ NNDM ADS ratio: 1:1 Stock Outstanding: ~46.4M ADS * Nano Dimension: Financial Data * As of June 30 th , 2020 , $70M invested mostly in R&D, over 5 years As of June 30th, 2020: • Cash: $49.5 M • Debt : $0.22 M (Cor
Slide 8: New US Management for Nano Dimension
8 NASDAQ : NNDM www.nano - di.com | © 2020 Nano Dimension. All rights reserved. New US Management for Nano Dimension • Yoav Stern – President & CEO (Joined January 2020 ) – Investor and Chairman Cyber, Fintech and Mobile/Visual Tech (USA) . President & CEO DVTEL Inc . (Sold to FLIR Systems ) ( NJ, L
Slide 9: Ziki Peled – COO, CRO
9 NASDAQ : NNDM www.nano - di.com | © 2020 Nano Dimension. All rights reserved. • Ziki Peled – COO, CRO (Joined 05 / 2020 ) – Seasoned turn around executive from FLIR Systems, Inc . (Nasdaq : FLIR), which develops, manufactures, markets, and distributes thermal imaging systems, visible - light imagi
Slide 10: First Mover, Advantage and Timing
10 NASDAQ : NNDM www.nano - di.com | © 2020 Nano Dimension. All rights reserved. Nano Dimension: First Mover, Advantage and Timing Analysts predict 3 D printed electronics will be the next high - growth application for product innovation: 2017 3 D printed electronics market size is estimated at $ 17
Slide 11: Post Corona World: Moving Supply Chain In House
11 NASDAQ : NNDM www.nano - di.com | © 2020 Nano Dimension. All rights reserved. “Even as China comes back online, we are beginning to wonder if Covid - 19 will impact other supply - oriented geographies…While China is improving, the supply chain for the electronics industry may yet see substantial
Slide 12: Post Corona World: Moving Supply Chain In House
12 NASDAQ : NNDM www.nano - di.com | © 2020 Nano Dimension. All rights reserved. Post Corona World: Moving Supply Chain ‘In House’ • "The global supply chain right now is disrupted; we are seeing disruptions across the board... the high - tech industry is heavily reliant on China and parts of Asia."
Slide 13: A Rapidly Growing Market for High Performance Electronic Devices
13 NASDAQ : NNDM www.nano - di.com | © 2020 Nano Dimension. All rights reserved. A Rapidly Growing Market for H igh P erformance E lectronic D evices ( Hi - PEDs ) High Performance Electronic Devices (Hi - PEDs) are integral enablers of: INDUSTRY VERTICALS • Defense • Aerospace • Intelligent drones
Slide 14: Hi-PEDs Necessitate
14 NASDAQ : NNDM www.nano - di.com | © 2020 Nano Dimension. All rights reserved. 14 NASDAQ : NNDM www.nano - di.com | © 2019 Nano Dimension. All rights reserved. Hi - PEDs Necessitate • Fast time - to - market • IP safety (in - house rapid prototyping and production) • Interactive development • Devi
Slide 15: Economic Models of Present Fabrication Technologies Fail to Meet Market Needs
15 NASDAQ : NNDM www.nano - di.com | © 2020 Nano Dimension. All rights reserved. Economic Models of Present Fabrication Technologies Fail to Meet Market Needs Integrated Circuit (“IC”, “Chips”) Fabrication renders high performance devices but at an extreme & often prohibitive cost; development cycle
Slide 16: The Challenge: Bridging The Gap
16 NASDAQ : NNDM www.nano - di.com | © 2020 Nano Dimension. All rights reserved. Traditional Printed Circuit Boards (PCB) Traditional Integrated Circuits ( IC, Chips, CPU, ASICs) The Challenge : Bridging The Gap 16 A dditively M anufactured E lectronics ( AME ) Nano Dimension’s AME Machines & Inks :
Slide 17: DragonFly LDM System
17 NASDAQ : NNDM www.nano - di.com | © 2020 Nano Dimension. All rights reserved. DragonFly LDM™ System – Introduced during Q3/2019 • The only Prototyping & Fabrication Machine • 24 / 7 , 3 D - printing of electronic circuitry ( AME ) • Cost effective for small - medium size quantities 30+ PATENT APP
Slide 18: Diverse Customer Base across Industries and Geographies
18 NASDAQ : NNDM www.nano - di.com | © 2020 Nano Dimension. All rights reserved. 2019 vs. 2018 Sales Breakdown - Industry & Region Defense 30% Health 6% Tech/PCB 7% Research/Univ. 17% Resellers 40 % 2018 In number of systems 2019 Defense 41% Tech/PCB 18% Research/ Univ. 26% Resellers 15% US 53 % APA
Slide 19: Evolution of Nano Dimension
19 NASDAQ : NNDM www.nano - di.com | © 2020 Nano Dimension. All rights reserved. Evolution of Nano Dimension Basic Testing 2013 - 17 DragonFly™ Early Adopters 2018 - 2019 D ragonF l y ™ Pro Fast Prototyping & Low Volume Production Q 3 / 2019 & Since Then: 45 % of Customers upgraded Pro>>>LDM (Up to
Slide 20: Compelling Value Proposition
20 NASDAQ : NNDM www.nano - di.com | © 2020 Nano Dimension. All rights reserved. Compelling Value Proposition 30+ PATENT APPLICATIONS TIME Reduces development cycles times. Enables on - site prototyping in a matter of hours instead of weeks, even for complex designs. COST Eliminates need for large o
Slide 21: Customers: Harris, Hensoldt, IIT
21 NASDAQ : NNDM www.nano - di.com | © 2020 Nano Dimension. All rights reserved. 21 NASDAQ : NNDM www.nano - di.com | © 2019 Nano Dimension. All rights reserved. • Harris Corporation & Space Florida (2019) Defense Contractor; https://www.harris.com/ * • Hensoldt AG, Germany ( $1.3B Defense & Aerospa
Slide 22: Case Study: Harris Corporation: RF Amplifier to Space
22 NASDAQ : NNDM www.nano - di.com | © 2020 Nano Dimension. All rights reserved. Case Study: Harris Corporation : RF Amplifier to Space “Results showed similar RF performance between the 3 D printed version and the baseline amplifier, clearly demonstrating the viability of 3 D printed electronics fo
Slide 23: 3D Printed Electronic Components – Next Level of AM Applications
23 NASDAQ : NNDM www.nano - di.com | © 2020 Nano Dimension. All rights reserved. 3D Printed Electronic Components –Next Level ofAM Applications Rolf Baltes, AndreasSalomon, JörgSander 16.03.2020 3D Printed Electronic Components –Next Level ofAM Applications Rolf Baltes, AndreasSalomon, JörgSander 16
Slide 24: The Printer Facts
24 NASDAQ : NNDM www.nano - di.com | © 2020 Nano Dimension. All rights reserved. THE PRINTER -facts • Dragonfly LDM –Printer installed in Feb.2019 • Ink-Jet printer with two print heads: silver andpolymer • Print from scratch: real 3D structurespossible • Duration of prints: up to 80hours • Current
Slide 25: Rapid Prototyping at HENSOLDT
25 NASDAQ : NNDM www.nano - di.com | © 2020 Nano Dimension. All rights reserved. Fewdays Population Example Rapid Prototyping atHENSOLDT Layout Conventional production ACB 60h +8h Print +PP 4months PCB MaterialSample Populated Front Populated Back FinishedBoard March 16,2020 This document and its co
Slide 26: Special Designs, Unique Devices
26 NASDAQ : NNDM www.nano - di.com | © 2020 Nano Dimension. All rights reserved. March 16,2020 This document and its content is the property of HENSOLDT Sensors GmbH. It shall not be communicated to any third party without the owner’s written consent. © Copyright HENSOLDT Sensors GmbH 2019. All righ
Slide 27: MEMS and wearable technologies at CBN and DragonFly
27 NASDAQ : NNDM www.nano - di.com | © 2020 Nano Dimension. All rights reserved. @ UniLe MEMS and wearable technologies at CBN and DragonFly enabled solutions Massimo De Vittorio & Antonio Qualtieri Istituto Italiano di Tecnologia Center for Biomolecular Nanotechnologies Università del Salento, Lecc
Slide 28: CBN Backend Laboratory and the Nano Dimension Dragonfly
28 NASDAQ : NNDM @ UniLe CBN Backend Laboratory and the NanoDimension Dragonfly
Slide 29: Monitoring Biometrics and Physiology
29 NASDAQ : NNDM www.nano - di.com | © 2020 Nano Dimension. All rights reserved. @ UniLe MONITORING BIOMETRICS AND PHYSIOLOGY NEXT GENERATION BODY SENSORS: • COMPLIANCE • BIOCOMPATIBILITY • LOW INTRUSIVENESS • LOW ENERGY • TRANSDUCTION • MECHANICAL • BIOCHEMICAL • ELECTROMAGNETIC • OPTICAL • ELECTRI
Slide 30: Electronic Tattoos Smart Patches
30 NASDAQ : NNDM www.nano - di.com | © 2020 Nano Dimension. All rights reserved. @ UniLe ELECTRONIC TATOOS SMART PATCHES Piezoelectric Wearable biosensors
Slide 31: Piezoelectric technologies for the body
31 NASDAQ : NNDM www.nano - di.com | © 2020 Nano Dimension. All rights reserved. U ni Le @ @ U n i L e Data management Piezoelectric technologies for the body CLOSED LOOP Body Sensing DIRECT PIEZOELECTRIC EFFECT Body control INVERSE PIEZOELECTRIC EFFECT Body energy harvesting
Slide 32: Old Crimping Techniques for Energy Harvesters
32 NASDAQ : NNDM www.nano - di.com | © 2020 Nano Dimension. All rights reserved. @ UniLe Old Crimping Techniques for Energy Harvesters Crimpflex® pins Z - a x i s c o ndu c ti v e tape on PCB board of Loss electrical c o nn e c ti o n due to cracks around the connectors Loss of electrical contact du
Slide 33: Old Assembling and Packaging Design
33 NASDAQ : NNDM @ UniLe Old Assembling and Packaging Design A first prototype of packaging designed and fabricated by 3 D CAD and 3 D Printer made of UV resin
Slide 34: New Packaging Design by Dragonfly
34 NASDAQ : NNDM www.nano - di.com | © 2020 Nano Dimension. All rights reserved. @ UniLe New Packaging Design by Dragonfly® Part 1 : base plate 400 μm (conductive and dielectric inks) Part 2 : sticking of the IIT energy harvester Part 3 : encapsulation with dielectric ink 400 μm Final result: - Comp
Slide 35: Customized PCBs with integrated piezoelectric sensor
35 NASDAQ : NNDM @ UniLe Customized PCBs with integrated piezoelectric sensor … and integrable into PCBs
Slide 36: Smart patches for monitoring cardiovascular parameters
36 NASDAQ : NNDM www.nano - di.com | © 2020 Nano Dimension. All rights reserved. @ UniLe Mastronardi et al. APL 2015 . Calcagnile et al. RSC Advances 2017 Carotid Smart patches for monitoring cardiovascular parameters, dysphagia … Physical sensors: Flexible wearable/tattooable/edible sensors
Slide 37: All-in-one step package on flexible substrate
37 NASDAQ : NNDM @ UniLe All - in - one step package on flexible substrate
Slide 38: Dragonfly for Packaging of Unconventional Silicon Dies
38 NASDAQ : NNDM www.nano - di.com | © 2020 Nano Dimension. All rights reserved. @ UniLe DRAGONFLY for Packaging of Unconventional Silicon Dies EMBEDDING FLOW SENSORS IN SEALED PACKAGE AND IN PCB BOARDS
Slide 39: Most compliant piezoelectric transducers for health and energy
39 NASDAQ : NNDM www.nano - di.com | © 2020 Nano Dimension. All rights reserved. U ni Le @ The most compliant piezoelectric transducers for health and energy Parylene - C Piezoelectric Aluminum Nitride Top and Bottom Electrodes Polyimide Parylene - C www.piezoskin.com
Slide 40: Nano's Growth Plan
40 NASDAQ : NNDM www.nano - di.com | © 2020 Nano Dimension. All rights reserved. NASDAQ: NNDM Nano’s Growth Plan
Slide 41: Plan for 2020: Riding the Elephant
41 NASDAQ : NNDM www.nano - di.com | © 2020 Nano Dimension. All rights reserved. There is an Elephant in the Room: i. Mitigate: April – September / 2020 ii. Leverage: June – December / 2020 iii. Growth: Q 4 / 2020 – 2021 Plan for 2020: Riding the Elephant
Slide 42: Mitigate and Leverage Plan 2020
42 NASDAQ : NNDM www.nano - di.com | © 2020 Nano Dimension. All rights reserved. i . Mitigate : June – September 2020 : A - Expand NaNoS (Printing Electronic Design Services ) - until Corporations’ Capex are ‘released’. Build USA Sales Force & GTM & NaNoS Fabrication Facility (DragonFly Machines) -
Slide 43: Footprint and Growth Plan 2020-21
43 NASDAQ : NNDM www.nano - di.com | © 2020 Nano Dimension. All rights reserved. Footprint As of January 2020 Resellers – continued Nano Dimension’s New HQ iii. Growth : 2021 Continue Growth Plan Plan for 2020 - 21 : Growth * Continue Product Engineering improvements to fit production scale machines
Slide 44: Key Highlights
44 NASDAQ : NNDM www.nano - di.com | © 2020 Nano Dimension. All rights reserved. Key Highlights: Growth company with significant technology and first mover advantage. Successfully transitioned from an R&D company to commercial sales . Rapidly increasing customer base and establishing global presence
Slide 45: Thank You
45 NASDAQ : NNDM www.nano - di.com | © 2020 Nano Dimension. All rights reserved. Nano Dimension® Copyright © 20 20 Nano Dimension Ltd. Nano Dimension, DragonFly, AgCite and the DragonFly logo are trademarks of Nano Dimension. Printed July 2020 DragonFly™ NASDAQ: NNDM THANK YOU Follow us: @ nanodimen