Nano Dimension Ltd · NASDAQ:NNDM

Nano Dimension — Investor Presentation (June 2021)

113 slides from Nano Dimension's investor presentation, Jun 9, 2021

Slide 1: 3D-Printed Electronics Corporate Presentation
3D-PRINTED ELECTRONICS A D D I T I V E LY M A N U FA C T U R E D E L E C T R O N I C S ( A M E ) Corporate Presentation I Nasdaq: NNDM I June 9th, 2021 Intelligent Machines, Consumable Conductive & Dielectric Ink Materials Nasdaq: NNDM I www.nano-di.com | © 2021 Nano Dimension. All rights reserved.
Slide 2: Forward Looking Statements
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. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “es
Slide 3: Table of Contents
TA B L E O F C O N T E N T S • Nano Dimension at a Glance • The Opportunity • The Technology and Product Offering • Financial Highlights • Appendix Nasdaq: NNDM I www.nano-di.com | © 2021 Nano Dimension. All rights reserved. 3
Slide 4: Nano Dimension at a Glance
N A N O D I M E N S I O N AT A G L A N C E • Over $1.47 billion cash* and no debt (as of March • >$50 million invested in R&D over 6 years 2021) • Planned to be increased by order of magnitude In market with over 60 systems deployed. SMARTER CLEANER FASTER Fabrica: 3 systems deployed Micro-Printing
Slide 5: Produce Complex PCB and Hi-PEDs
PRODUCE COMPLEX PCB AND Hi-PEDS™ Hi-PEDs™  Fast prototyping, HIGH hours vs weeks AME with WITH Side PERFORMANCE AME Circuit with AME CIRCUIT IOT Access IOT/WIFI ACCESS POINT AME CIRCUIT SIDEMounted Vertically INTEGRATED Stacked VERTICALLY STACKED Integrated Circuits  Tens of layers WITH INTEGRATED
Slide 8: Evolution of the Printing Industry (1)
EVOLUTION OF THE PRINTING INDUSTRY(1) 1907 1950 1965 1970 1970………………………………………………………………………………………………………………………………………..1990 Nasdaq: NNDM I www.nano-di.com | © 2021 Nano Dimension. All rights reserved. 8
Slide 9: Evolution of the Printing Industry (2)
EVOLUTION OF THE PRINTING INDUSTRY(2) 2000 2001 KBA Cortina, a waterless web press for newspapers and semi- Among the digital presses the NexPress (JV - Heidelberg & Kodak), and the commercials. Manroland DICOweb The DICOweb is, however, a short-lived commercial failure. 2001 – Market consolidation
Slide 10: Evolution of the Printing Industry (3)
EVOLUTION OF THE PRINTING INDUSTRY(3) 2007 - Short run on-demand book printing 2008 2009 2012 - nanographic printing presses Nasdaq: NNDM I www.nano-di.com | © 2021 Nano Dimension. All rights reserved. 10
Slide 11: Evolution of the Printing Industry (4)
EVOLUTION OF THE PRINTING INDUSTRY(4) 2014 2015 - Digital label printing 2016 - inkjet Nasdaq: NNDM I www.nano-di.com | © 2021 Nano Dimension. All rights reserved. 11
Slide 12: AME Simplifies a Complex Process
A D D I T I V E M A N T U FA C T U R E D E L E C T R O N I C S ( A M E ) S I M P L I F I E S A COMPLEX PROCESS • Traditional PCB manufacturing is a complex, multistep process, including layering, photolithography, drilling, plating. • Over 70 steps are required to make the PCB, and this does not inc
Slide 13: How It Works
HOW IT WORKS 110 Just one manufacturing step: No need for etching, pressing, electroplating. TWO PRINTHEADS INKJET BOTH THE OBJECT IS BUILT UP, LAYER BY MATERIALS SIMULTANEOUSLY: LAYER, THROUGH FULL STACK THICKNESS: • Both conductor & insulator substrates are printed • Conductive layers & dielectric
Slide 14: Example of Hi-PEDs: Functional Capacitors
EXAMPLE OF Hi-PEDs™: F U N C T I O N A L C A PA C I T O R S B Y A D D I T I V E M A N U FA C T U R I N G • Produced simultaneously during the additive manufacturing of PCBs • Reduce the total size of the PCB • Freeing surface area for mounting other PCB components Design Actual Nasdaq: NNDM I www.na
Slide 15: Example of Hi-PEDs: DC-DC Up Converter Transformer
EXAMPLE OF Hi-PEDs™: IN PCB PLANAR DC-DC UP CONVERTER TRANSFORMER • The most common DC-DC Up Converters are units mounted on a PCB • By producing the device as an integrated part of the PCB, surface area usage, assembly time, and other overhead costs are reduced. Nasdaq: NNDM I www.nano-di.com | © 2
Slide 16: AME Allows New Designs
AME ALLOWS NEW DESIGNS Traditional design of printed High Performance Electronic Devices™ circuit boards (Hi-PEDs™) not otherwise possible Nasdaq: NNDM I www.nano-di.com | © 2021 Nano Dimension. All rights reserved. 16
Slide 17: Example of Hi-PEDs: Vertically Stacked ICs
EXAMPLE OF Hi-PEDs™: V E R T I C A L LY S TA C K E D I N T E G R AT E D C I R C U I T S ( I C S ) Stacked ICs have a higher circuitry density than traditional PCBs by allowing ICs to be mounted and interconnected on top of each other. Nasdaq: NNDM I www.nano-di.com | © 2021 Nano Dimension. All right
Slide 18: Key Capabilities with Hi-PEDs
K E Y C A PA B I L I T I E S W I T H H i - P E D S ™ Advanced RF Advanced Packaging Advanced Sensor Solutions Solutions Solutions Nasdaq: NNDM I www.nano-di.com | © 2021 Nano Dimension. All rights reserved. 18
Slide 19: Nano Dimension Evolution: Lights-Out Digital Manufacturing
NANO DIMENSION EVOLUTION: L I G H T S - O U T D I G I TA L M A N U FA C T U R I N G ( L D M ) Best in class 3D printer for electronics  24/7 printing in a compact system DragonFly® LDM 2.0  Integrated AI Software Fast Prototyping & Sample  Special Ink Solutions Production  Smart management for p
Slide 20: Fabrica – Since April
FA B R I C A – S I N C E A P R I L 2 0 2 1 Fabrica / TERA 250 3 Machines already w/paying customers • 2nd Generation • 3rd Generation AME AME Code: ”BF Code: ”HB” 2022/3 and on 2023/4 and on Development is on Development is on the way the way Nasdaq: NNDM I www.nano-di.com | © 2021 Nano Dimension. A
Slide 21: Fabrica – Tera Stitching
FA B R I C A – T E R A 2 5 0 S T I T C H I N G Stitching between tiles enables large build volume printing Nasdaq: NNDM I www.nano-di.com | © 2021 Nano Dimension. All rights reserved. 21
Slide 23: Fabrica – Complex Microelectronic Device
FA B R I C A – C O M P L E X M I C R O E L E C T R O N I C D E V I C E 5 mm Nasdaq: NNDM I www.nano-di.com | © 2021 Nano Dimension. All rights reserved. 23
Slide 27: DeepCube: Acquisition Since April 2021
DEEPCUBE: ACQUISITION SINCE APRIL 2021 Hardware agnostic, Deep Learning software acceleration designed based on breakthrough research for both training and inference frameworks NASDAQ: NNDM I www.nano-di.com | © 2021 Nano Dimension. All rights reserved. 27
Slide 28: Deep Learning Free of Traditional Constraints
DEEP LEARNING (DL) FREE OF TRADITIONAL CONSRAINTS CONSTRAINTS Edge Computing Compute Cloud Memory Power 1.1B Latency Enterprise/Carriers/Government Data Centers $32.8 $24.5 $7.2 k80 V100 A100 GPU Instance Cost MNIST Resnet Model Complexity BERT GPT-3 Performance * 8 GPUs, on- demand/hour * Number of
Slide 29: Deploying Optimized Models in the Real World
DEPLOYING OPTIMIZED MODELS IN THE REAL WORLD Edge Computing Cloud DEEPCUBE The change needed: Training production models 1.1B Enterprise/Carriers/Government Data Centers $32.8 CONNECTED WITH $24.5 $7.2 k80 V100 A100 MNIST Resnet BERT GPT-3 High performance model GPU Instance Cost Model Complexity *
Slide 30: DL Models Are Usually Inefficient & Jittery
D L M O D E L S A R E U S U A L LY I N E F F I C I E N T & J I T T E R Y Constraints such as latency, performance, power, memory are impeding mass ML deployment Models are developed in a synthetic environment, unrelated to real world constraints AI CPU ASIC ARM GPU NASDAQ: NNDM I www.nano-di.com | ©
Slide 31: Fusing Together Training and Inference
FUSING TOGETHER TRAINING AND INFERENCE CNN DEEP RNN CUBE Transformer MLP Driving a 10X ML Economics AI CPU ASIC ARM GPU NASDAQ: NNDM I www.nano-di.com | © 2021 Nano Dimension. All rights reserved. 31 Confidential and proprietary
Slide 32: Alan Kay quote: make their own hardware
“People who are really serious about software should make their own hardware” - Alan Kay “People who are really serious about manufacturing should develop their own Deep Learning” Nasdaq: NNDM I www.nano-di.com | © 2021 Nano Dimension. All rights reserved. 32
Slide 33: Optimize Capex, Revenue, Design Spaces, and Use Cases
O P T I M I Z E C A P E X , R E V E N U E , D E S I G N S PA C E S , A N D U S E C A S E S Fleet of DragonFly IV / BF [Design House] Materials quality • Prototype factory monitoring • Defect detection Variance management • Yield optimization Including • Up time optimization IN • Process Optimization
Slide 34: Continuous Collection and Refinement of Learning Models
C O N T I N U O U S C O L L E C T I O N G L O B A L LY A N D C R E AT I O N A N D R E F I N E M E N T O F M U LT I - P U R P O S E L E A R N I N G M O D E L S Models to optimize yield Mechanical metrics Temperature sensor Models to optimize throughput Sounds sensor Models to optimize quality % Humid
Slide 35: Cloud Based DL Framework for Self Learning Machines
CLOUD BASED DL FRAMEWORK FOR SELF LEARNING MACHINES Design and Prototype customers and eco system players CUSTOMER A: OPTIMIZE OPEX Sensor Fusion 11010011101010011001010011101010011 110101001100101001110101001110010 01111100101010011001010011101 1101001010100110010100101 110110010011001010 CUSTOMER
Slide 36: Industry 4.0 – Growth Opportunity for Deep Learning
INDUSTRY 4.0 – GROWTH OPPORTUNITY FOR INDUSTRY WIDE D E E P L E A R N I N G F O R M A N U FA C T U R I N G Hi-PEDs = High Performance Electronic Devices NANODIMENSION Nano Dimension Customers: Premium Hi-PEDs PCB factories or OEM producers Customers, Suppliers & Partners assets Med-PEDs = Medium Per
Slide 37: Table of Contents
TA B L E O F C O N T E N T • Nano Dimension at a Glance • The Opportunity • The Technology and Product Offering • Financial Highlights • Appendix Nasdaq: NNDM I www.nano-di.com | © 2021 Nano Dimension. All rights reserved. 37
Slide 38: Vision and Mission
Electronics Sector: Electronics, PCB, PCBA, IH, ATE, NANO DIMENSION Electro Mechanics, Micro-Mechanics, MEMS, etc. Vision To transform the electronics sector into an environmentally friendly & economically efficient additive manufacturing Industry 4.0 – enabling a one- production-step-conversion of
Slide 39: The Problem
THE PROBLEM Designs Traditional manufacturing, especially for prototyping, is slow. There are many steps to the process with days to weeks in-between. This is slow and costly PCBs with a range of Intellectual Property Risk and Environmental Hazards. Nasdaq: NNDM I www.nano-di.com | © 2021 Nano Dimen
Slide 40: Return on Investment – Prototyping
RETURN ON INVESTMENT – PROTOTYPING AME changes what is possible for prototyping. WEEKS DESIGN Proof of Concept (PoC) & TESTING TOOLING PRODUCTION ECAD PROTOTYPING ○ Accelerate Product Development and reduce Time-To-Market (TTM) ○ In-House Rapid Prototyping with Nano Dimension AME Systems DESIGN PoC
Slide 41: Return on Investment – Production
RETURN ON INVESTMENT – PRODUCTION AME changes what is possible for prototyping. MONTHS DESIGN Proof of Concept (PoC) & TESTING TOOLING PRODUCTION ECAD PROTOTYPING ○ Eliminate need for tooling ○ Consolidate Assembly Steps ○ High Mix / Low Volume Production with Nano Dimension AME System PoC DESIGN &P
Slide 42: Traditional PCB Manufacturing Footprint
T R A D I T I O N A L P C B M A N U FA C T U R I N G F O O T P R I N T 1% Around 90% of all PCBs are 1% 1% 2% • China manufactured in the APAC region. • Vietnam 2% China is the largest producer with • South Korea around 43% market share followed by • Taiwan 5% Japan and South Korea with 15% and 13%,
Slide 43: AME / 3D Printed Electronics Market
AME / 3D PRINTED ELECTRONICS MARKET IDTechEX (2019) • The total market for 3D printed electronics will be worth $2.3 billion 3D PRINTED ELECTRONICS MARKET by 2029 and will be dominated by the professional PCB prototyping $M market segment. The educational and industrial production market 4500 segmen
Slide 44: AM / 3D Micro Printing Market
AM / 3D MICRO PRINTING MARKET Top down Bottom up $1.5B* Micro injection molding $300B* Micro CNC • Micro electronics 5%** TAM $3.3B* • Optics • Semi conductors $15B • Sensors CAGR 20% • Medical devices Micro laser cutting $5.8B* CAGR 5% $6B* EDM * By 2025, Market Research Report, Artizon, 2020 ** By
Slide 45: Table of Contents
TA B L E O F C O N T E N T • Nano Dimension at a Glance • The Opportunity • The Technology and Product Offering • Financial Highlights • Appendix Nasdaq: NNDM I www.nano-di.com | © 2021 Nano Dimension. All rights reserved. 45
Slide 46: Nano Dimension: Financial Data
N A N O D I M E N S I O N : F I N A N C I A L D ATA NASDAQ Shares Outstanding: NNDM ~249 million * • Significant trend of Gross Margin ADS ratio: 1:1 improvements More than $50M invested in R&D, over 6 years • Revenue 2018 - 2019 - 2020: $5.1M - $7.1M - $3.4M March 31st, 2021: Cash: $1.47 billion **
Slide 47: Business Model: Recurring Revenue Model That Scales
B U S I N E S S M O D E L : R E C U R R I N G R E V E N U E M O D E L T H AT S C A L E S “Razor-Razorblade” Model: • As the installed base of systems Consumable Revenue Growth grows, the recurring revenues from consumables increases. • Positive trend of increased ink consumption by customers is a va
Slide 48: Business Model: Fabrica
B U S I N E S S M O D E L : FA B R I C A Business model Razor Razor Blade Hardware Materials Purchase price Recurring revenue $350K ~$100K / machine / year Nasdaq: NNDM I www.nano-di.com | © 2021 Nano Dimension. All rights reserved. 48
Slide 49: Failsafe Biotech-Like Investment Model
FA I L S A F E “ B I O T E C H - L I K E ” I N V E S T M E N T M O D E L Since Covid-19’s eruption – it is not about quarterly Revenue curve. We are focused on upside through accelerating Product Technological Edges (Upside like Biotech). BUT we have sold approx. 60 machines already. Contrary to Bio
Slide 50: Table of Contents
TA B L E O F C O N T E N T • Nano Dimension at a Glance • The Opportunity • The Technology and Product Offering • Financial Highlights • Appendix Nasdaq: NNDM I www.nano-di.com | © 2021 Nano Dimension. All rights reserved. 50
Slide 51: Our Customers Are Innovators in Leading Markets
O U R C U S T O M E R S A R E I N N O VAT O R S I N L E A D I N G M A R K E T S AUTOMOTIVE & RESEARCH AEROSPACE DEFENSE MEDICAL INDUSTRIAL The DragonFly LDM AME Technology Keep your IP in your lab Reduce time to market AME optimizes System enables you to enables you to reduce with the DragonFly LDM
Slide 52: Revenue Drivers
REVENUE DRIVERS Emerging Technologies AME drives: • Communication 5G/RF • Fast time-to-market • Heterogeneous Integrations • IP safety  in-house rapid prototyping and production • Aerospace (i.e., micro-satellites) • Interactive development • Defense • Device performance gains • Medical (i.e., in-v
Slide 53: Case Studies & Cooperation Details
C A S E S T U D I E S & C O O P E R AT I O N DETAILS: APPENDIX 1 I. Research Institutes: CBN-IIT II. Aerospace: HARRIS III. Defense: HENSOLDT IV. Medical: PIEZOSKIN V. Automotive: REHAU Nasdaq: NNDM I www.nano-di.com | © 2021 Nano Dimension. All rights reserved. 53
Slide 54: Global Customers
GLOBAL CUSTOMERS Nano Dimension Customers: • 3 Multi-billion US$ defense manufacturers • 2 European defense companies and multiple Secret Service Agencies • 1 Multi-billion US$ valued technology conglomerate • Multiple leading research institutions around the world Nasdaq: NNDM I www.nano-di.com | ©
Slide 55: Investment Highlights
INVESTMENT HIGHLIGHTS Growth company with significant technology and first mover advantage. • ~60 3D Printing Machines in market with leading defense & research organizations. • Shortening prototyping time while creating multi-layer Hi-PEDs™ in house. • R&D of unique, miniaturized, lower weight solu
Slide 56: Fabrication Services: NaNoS Shop
FA B R I C AT I O N S E R V I C E S : N a N o S ® S H O P • Nano Services (NaNoS®) is an offering for customers who need to get their hands- on complex, multilayered high-performance electronics with a quick turnaround time. • Provide 3 different services to customers around the globe with its fabri
Slide 57: Why Additive Manufacturing for Electronics?
W H Y A D D I T I V E M A N U FA C T U R I N G F O R E L E C T R O N I C S ? AME provides important value drivers that are critical for technological progress. ACCELERATE PROTECT time to market IP INCREASE IMPROVE design possibilities efficiency Nasdaq: NNDM I www.nano-di.com | © 2021 Nano Dimension
Slide 58: Table of Contents
TA B L E O F C O N T E N T • Nano Dimension at a Glance • The Opportunity • The Technology and Product Offering • Financial Highlights • Customer Cases Nasdaq: NNDM I www.nano-di.com | © 2021 Nano Dimension. All rights reserved. 58
Slide 59: Thank You
THANK YOU NASDAQ: NNDM Follow us: @nanodimensiontech @3Dpcb www.nano-di.com Nasdaq: NNDM I www.nano-di.com | © 2021 Nano Dimension. All rights reserved. 59 Nano Dimension® Copyright © 2021 Nano Dimension Ltd. Nano Dimension, DragonFly, AgCite and the DragonFly logo are trademarks of Nano Dimension.
Slide 60: Appendix 1
APPENDIX 1 NASDAQ: NNDM Follow us: @nanodimensiontech @3Dpcb www.nano-di.com Nasdaq: NNDM I www.nano-di.com | © 2021 Nano Dimension. All rights reserved. 60 Nano Dimension® Copyright © 2021 Nano Dimension Ltd. Nano Dimension, DragonFly, AgCite and the DragonFly logo are trademarks of Nano Dimension.
Slide 61: Customer Case I: CBN-IIT, Italy
C U S T O M E R C A S E I : C B N - I I T, I TA LY The suitability of the DragonFly system to rapidly and affordably manufacture functional prototypes, combined with the broad ecosystem of applications for health and energy harvesting, makes it an ideal choice for our team to achieve higher performa
Slide 62: Cooperation Case II: Harris, USA
C O O P E R AT I O N C A S E I I : H A R R I S , U S A The ability to manu- facture RF systems in- house offers an exciting new means for rapid and affordable prototyping and volume manufacturing. The results of the study provide substantial motivation to develop this technology further. Dr. Arthur
Slide 63: Customer Case III: Hensoldt, Germany
C U S T O M E R C A S E I I I : H E N S O L D T, G E R M A N Y Military sensor solutions require performance and reliability levels far above those of commercial HENSOLDT and Nano components. To have Dimension Achieve high-density components Breakthrough in quickly available with Electronics 3D Prin
Slide 64: Customer Case IV: Piezoskin, Italy
C U S T O M E R C A S E I V : P I E Z O S K I N , I TA LY Nano Dimension’s AME technology helped us to achieve an original product prototype, in which wires and connectors were eliminated and the package was minimized, to obtain an optimal user experience. It simplified the manufacturing process, as
Slide 65: Customer Case V: REHAU, Germany
CUSTOMER CASE V: REHAU, GERMANY With the DragonFly LDM Smartification is no longer we will drive forward just a vision for us. REHAU’s “Electronics into REHAU is developing Polymers” strategy to improved products for the speed up in-house smart home and IoT electronics development environment, and N
Slide 66: Nano Dimension Management
NANO DIMENSION MANAGEMENT Yoav Stern, Chairman & CEO Zivi Nedivi, President • President & CEO, DVTEL, Video Software company. • CEO Cyalume Technologies Inc., chemical-lighting solutions • Chairman, Bogen Corporation • COO of Lumenis Ltd., Laser & Light energy-based technologies, • Executive Chairma
Slide 67: Nano Dimension Management
NANO DIMENSION MANAGEMENT Dr. Jon Donner, General Manager, Tamir Margalit, VP R&D • VP R&D at Kitov.ai, a 3D inspection, robotics NanoFabrica Division and AI, and before that as the • Founder of NanoFabrica • FPD Division President and as Chief Product • PhD in nano optics in the group of Romain Qui
Slide 68: Appendix 2
APPENDIX 2 NASDAQ: NNDM Follow us: @nanodimensiontech @3Dpcb www.nano-di.com Nasdaq: NNDM I www.nano-di.com | © 2021 Nano Dimension. All rights reserved. 68 Nano Dimension® Copyright © 2021 Nano Dimension Ltd. Nano Dimension, DragonFly, AgCite and the DragonFly logo are trademarks of Nano Dimension.
Slide 69: Multi-Dimensional Business Development Strategy
M U LT I - D I M E N S I O N A L B U S I N S S D E V E L O P M E N T S T R AT E G Y R&D Product Go- Development To- Market Synergetic M&A Nasdaq: NNDM I www.nano-di.com | © 2021 Nano Dimension. All rights reserved. 69
Slide 70: Multi-Dimensional Business Development Strategy
M U LT I - D I M E N S I O N A L B U S I N S S D E V E L O P M E N T S T R AT E G Y R&D Product Go- Development To- Market Synergetic M&A Nasdaq: NNDM I www.nano-di.com | © 2021 Nano Dimension. All rights reserved. 70
Slide 71: Multi-Dimensional Business Development Strategy
M U LT I - D I M E N S I O N A L B U S I N S S D E V E L O P M E N T S T R AT E G Y R&D Product Go- Development To- Market Synergetic M&A Nasdaq: NNDM I www.nano-di.com | © 2021 Nano Dimension. All rights reserved. 71
Slide 72: Multi-Dimensional Business Development Strategy
M U LT I - D I M E N S I O N A L B U S I N S S D E V E L O P M E N T S T R AT E G Y R&D Product Go- Development To- Market Synergetic M&A Nasdaq: NNDM I www.nano-di.com | © 2021 Nano Dimension. All rights reserved. 72
Slide 73: Multi-Dimensional Business Development Strategy
M U LT I - D I M E N S I O N A L B U S I N S S D E V E L O P M E N T S T R AT E G Y R&D Product Go- Development To- Market Synergetic M&A Nasdaq: NNDM I www.nano-di.com | © 2021 Nano Dimension. All rights reserved. 73
Slide 74: Multi-Dimensional Business Development Strategy
M U LT I - D I M E N S I O N A L B U S I N S S D E V E L O P M E N T S T R AT E G Y R&D Product Go- Development To- Market Synergetic M&A Nasdaq: NNDM I www.nano-di.com | © 2021 Nano Dimension. All rights reserved. 74
Slide 75: Multi-Dimensional Business Development Strategy
M U LT I - D I M E N S I O N A L B U S I N S S D E V E L O P M E N T S T R AT E G Y R&D Product Go- Development To- Market Synergetic M&A Nasdaq: NNDM I www.nano-di.com | © 2021 Nano Dimension. All rights reserved. 75
Slide 76: Multi-Dimensional Business Development Strategy
M U LT I - D I M E N S I O N A L B U S I N S S D E V E L O P M E N T S T R AT E G Y R&D Product Go- Development To- Market Synergetic M&A Nasdaq: NNDM I www.nano-di.com | © 2021 Nano Dimension. All rights reserved. 76
Slide 77: Multi-Dimensional Business Development Strategy
M U LT I - D I M E N S I O N A L BUSINSS DEVELOPMENT S T R AT E G Y R&D Product Go- Development To- Market Synergetic M&A Nasdaq: NNDM I www.nano-di.com | © 2021 Nano Dimension. All rights reserved. 77
Slide 78: Multi-Dimensional Business Development Strategy
M U LT I - D I M E N S I O N A L B U S I N S S D E V E L O P M E N T S T R AT E G Y R&D Product Go- Development To- Market Synergetic M&A Nasdaq: NNDM I www.nano-di.com | © 2021 Nano Dimension. All rights reserved. 78
Slide 79: Appendix 3
APPENDIX 3 NASDAQ: NNDM Follow us: @nanodimensiontech @3Dpcb www.nano-di.com Nasdaq: NNDM I www.nano-di.com | © 2021 Nano Dimension. All rights reserved. 79 Nano Dimension® Copyright © 2021 Nano Dimension Ltd. Nano Dimension, DragonFly, AgCite and the DragonFly logo are trademarks of Nano Dimension.
Slide 80: Certifications
C E R T I F I C AT I O N S In-house DragonFly system In-house nano ink manufacturing Top quality certified manufacturing – ISO14001 and OHSAS18001 FCC, CE, UL, CSA, EAC capacity to meet future demand ISO 45001 and RoHS Nasdaq: NNDM I www.nano-di.com | © 2021 Nano Dimension. All rights reserved. 80
Slide 81: New Manufacturing Possibilities with the DragonFly LDM
N E W M A N U F A C T U R I N G P O S S I B I L I T I E S W I T H T H E D R A G O N F LY L D M High-Performance Electronic Devices™ : Hi-PEDs™ RF AMPLIFIER FOR SPACE PRINTED CAPACITORS ○ Light weight ○ High Accuracy Capacitors ○ Integrated design Integrated in the board ○ < 1db gain difference ○ 50
Slide 82: Vision: Bridging the Gap
VISION: BRIDGING THE GAP DragonFly LDM & Ink Materials AME TECHNOLOGY Design  Proof of Concepts  Prototype & Early Fabrication of HiPEDs™(High Performance Electronic Devices) TRADITIONAL TRADITIONAL PRINTED INTEGRATED CIRCUITS CIRCUIT BOARDS (PCB) (IC, Chips, CPU, ASICs) Nasdaq: NNDM I www.nano-di
Slide 83: Nano Dimension Offering
NANO DIMENSION OFFERING AME 3D-PRINTING SYSTEMS NaNoS® DRAGONFLY LDM, DRAGONFLY LDM 2.0 3D FABRICATION SERVICE ○ System ○ Co-creation / Design ○ Training and Support ○ Prototyping ○ Leasing Options ○ Low Volume Production Nasdaq: NNDM I www.nano-di.com | © 2021 Nano Dimension. All rights reserved. 8
Slide 84: Product Possibilities with 3D Electronics
PRODUCT POSSIBILITIES WITH 3D ELECTRONICS Electronics integration (MEMS, Real 3D Embedded Electronics for Sensors, Transistors, ICs, Opto, Piezo, Heterogenous Integration Chem-Electro, Magnetics, Motion) 3D Printed Electronics Components AME Hi-PEDs™ Multi Stacking ICs, Packages, (Capacitor, Inducto
Slide 85: Moving Into the Future
MOVING INTO THE FUTURE ADVANCED PRODUCTS: RAPID PROTOTYPING DIGITAL INVENTORY HiPED FABRICATION Benefits: Shorten your Time-to- Benefits: Produce better, lighter, Benefits: The future will allow Market, reduce cost and increase cost-effective products by business models based on part innovation with
Slide 86: Strategic Acquisitions – April
S T R AT E G I C A C Q U I S I T I O N S – A P R I L 2 0 2 1 • Nano will leverage its strong financial position for even greater success through a strategic investments program. • Recent investments include: • DeepCube - a world leader in Machine Learning/Deep Learning (ML/DL) technology. • Nanofabr
Slide 87: Medical Devices – Neuralink; Injection Molding – Optical Connectors
MEDICAL DEVICES – NEURALINK (ELON MUSK) “Part arrived and it looks awesome” INJECTION MOLDING – OPTICAL CONNECTORS “ (Nanofabrica’s tech) could be a game changer for us Reducing lead time from 4 months to 1 day” Sr. Director HW Nasdaq: NNDM I www.nano-di.com | © 2021 Nano Dimension. All rights reser
Slide 88: Injection Molding - Electronic Connectors
INJECTION MOLDING - ELECTRONIC CONNECTORS “ A mold for a large connector with micron precision elements can cost $500K! Your mold can eliminate this cost” “I looked at the parts you had shipped… they look fantastic” Principle Eng. Advance tech (TE is a Swiss / US listed company, $12Bn revenue, senso
Slide 89: Medical Devices Miniaturization
M E D I C A L D E V I C E S M I N I AT U R I Z AT I O N • working with principal scientist Phillips innovative technologies • 3 projects: 1. “miniature factory” 2. Optical connectors 3. High performance X-ray element Nasdaq: NNDM I www.nano-di.com | © 2021 Nano Dimension. All rights reserved. 89
Slide 90: Injection Molding – Agriculture
I N J E C T I O N M O L D I N G – A G R I C U LT U R E Setting up a new manufacturing line cost $3M …Nanofabrica can remove this risk” Esteban R. VP R&D Customer: INJECTION MOLDING – PRECISION MANUFACTURING (BETA #3) “I have been following precision AM market for years, and am (Israeli, recently sol
Slide 91: Injection Molding – Polymer Engineering
I N J E C T I O N M O L D I N G – P O LY M E R E N G I N E E R I N G ““it's astonishing how good your mold is..totally crazy how detailed” “a mold within 1 hour that has a 1µm resolution is a game- changer” Lead of AM molding project (Swedish, traded, $3Bn, leader in polymer and specifically rubber
Slide 93: Optics – SICK Sensors IoT
OPTICS – SICK SENSORS IOT “we have many sensors a year but in short runs of 1000 each. NF can make this much more cost effective” “Head of portfolio management” MECHANICAL PARTS “…The gears are working, and lifetime looks also good.” / Head of AM Nasdaq: NNDM I www.nano-di.com | © 2021 Nano Dimensio
Slide 96: Synergies
SYNERGIES Commercial • GTM / Sales – Customer overlap, up sale, distributors • Miniaturization – High performance industry leadership • Manufacturing center – Full solution, multi-knowhow Technological • Joining tech to enable miniature Hi-PEDs • Industrial speed AME by local sintering based on Nano
Slide 97: There Is an Elephant in the Room: Corona
THERE IS AN ELEPHANT IN THE ROOM CORONA IS AFFECTING BUSINESSES IN 2020-21 W O R K I N G A S S U M P T I O N : AT L E A S T U N T I L Q 3 / 2 0 2 1 All present customers were out-of-office until July 2020. Some until now. (Mostly USA) • Chinese companies returned on 10/2020 but still delaying all pu
Slide 98: Present Investment Thesis: Plan for 2021
PRESENT INVESTMENT THESIS IS NEW PLAN FOR 2021: RIDING THE ELEPHANT • Started a Prototyping/Fabrication Services Business: NaNoS (Nano Services) • Expand NaNoS as revenue generator, but mainly as a route for DragonFly purchases once CapEx are released post Corona • M&A search directed at targets tha
Slide 99: Appendix 4
APPENDIX 4 NASDAQ: NNDM Follow us: @nanodimensiontech @3Dpcb www.nano-di.com Nasdaq: NNDM I www.nano-di.com | © 2021 Nano Dimension. All rights reserved. 99 Nano Dimension® Copyright © 2021 Nano Dimension Ltd. Nano Dimension, DragonFly, AgCite and the DragonFly logo are trademarks of Nano Dimension.
Slide 100: Post Corona World: Moving Supply Chain In-House
P O S T C O R O N A W O R L D : M O V I N G S U P P LY C H A I N ‘ I N H O U S E ’ “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 101: Post Corona World: Moving Supply Chain In-House
P O S T C O R O N A W O R L D : M O V I N G S U P P LY C H A I N ‘ I N H O U S E ’ OCTOBER 12th, 2020: The American Dream: Bringing Factories Back to the U.S.(1) A report from the McKinsey Global Institute found “180 products across value chains for which one country accounts for 70% or more of expo
Slide 102: Post Corona World: Moving Supply Chain In-House
P O S T C O R O N A W O R L D : M O V I N G S U P P LY C H A I N ‘ I N H O U S E ’ • "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." (Bloomberg)² • “ ...heat from the Trump administr
Slide 103: Traditional PCB History
TRADITIONAL PCB HISTORY Pre-PCB electronic circuit with rat's nest wiring. Before the 1950s, electronic circuits were assembled using individual wires to connect each of the components (Pic 1). The components were then mounted on what were known as tag strips and sockets. The first circuit boards we
Slide 104: Traditional PCB Mounting
TRADITIONAL PCB MOUNTING Through-Hole Electronics Surface Mount Electronics The vast majority of electronic circuits are now made using Printed Circuit Boards (PCBs). These are copper-clad fiberglass or epoxy boards that have the copper selectively etched away to leave conductive traces. Components
Slide 105: PCB vs. AME
PCB VS. AME • Single-sided PCBs are very limiting in terms of connection topology. With single-sided PCBs, most circuits require the ability to join two conductive tracks using a wire. • Double-sided PCBs alleviate this problem by allowing connections through holes from one side of Double PCB Layer
Slide 106: Traditional PCB Layers
T R A D I T I O N A L P C B L AY E R S World PCB production by type 5% 16% Single sided 2-6 layers 8-16 layers 15% 37% 18+ layers Microvia Substrate Flex & R-Flex 12% Many PCB designs, particularly analog or high- frequency digital circuits, employ a ground Source: TTMTechnologies 13% plane. This is
Slide 107: Traditional PCBs: Mechanics
TRADITIONAL PCBs: MECHANICS The physical strength of fiberglass board makes it possible to use a traditional PCB as a mechanical component in a device as well as an electrical one. This is a crude form of structural electronics. Rigid PCBs can be connected together The CrazyFlie quadcopter using fle
Slide 108: Traditional PCBs: Heat
T R A D I T I O N A L P C B s : H E AT Components such as power semiconductors can generate a lot of heat thatmust be dissipated in order to keep the device running within temperature tolerances. Temperature is responsible for 55% of all electronic circuit failures. Specifically, the failure rate of
Slide 109: PCBs SWOT Analysis
P C B s S W O T A N A LY S I S Strengths Weaknesses • Established technology: ~$60bn industry. • Either expensive to prototype locally or slow to prototype • Physically strong. remotely (7 to 21 day turnaround from China). • High electrical conductivity (σ =5.96×107S/m) from • Cost single unit cost
Slide 110: Example of Hi-PEDs: Low Pass Filter
E X A M P L E O F H i - P E D s ™ : L O W PA S S F I LT E R ( L P F ) LPF uses AME capacitors fabricated simultaneously inside the AME board together with strip lines. The AME capacitor and the strip line can be placed on any AME layer or on different layers in the AME board With Commercial Capacito
Slide 111: Example of Hi-PEDs: Side Mount/Contact and Inserted Components
EXAMPLE OF Hi-PEDs™: S I D E M O U N T / C O N TA C T A N D I N S E R T E D C O M P O N E N T S • Enables the use of an area not common for PCB components • Enables the creation of customized small PCBs that can be inserted into a socket a) b) Figure 1 X-ray view of a) inserted, and b) side mounted
Slide 112: Example of Hi-PEDs: Built-in Power Transformers
E X A M P L E O F H i - P E D s ™ : B U I LT I N P O W E R T R A N S F O R M E R S In Board Power DC–DC Up Voltage AC-AC AC-AC Up Converter Transformer with Converter (x10) ferrite core Nasdaq: NNDM I www.nano-di.com | © 2021 Nano Dimension. All rights reserved. 112
Slide 113: End
End NASDAQ: NNDM Follow us: @nanodimensiontech @3Dpcb www.nano-di.com Nasdaq: NNDM I www.nano-di.com | © 2021 Nano Dimension. All rights reserved. 113 Nano Dimension® Copyright © 2021 Nano Dimension Ltd. Nano Dimension, DragonFly, AgCite and the DragonFly logo are trademarks of Nano Dimension. Print

Nano Dimension — Investor Presentation (June 2021) on 6ix

Nano Dimension — Investor Presentation (June 2021)

Slide 1: 3D-Printed Electronics Corporate Presentation

Slide 2: Forward Looking Statements

Slide 3: Table of Contents

Slide 4: Nano Dimension at a Glance

Slide 5: Produce Complex PCB and Hi-PEDs

Slide 6: A Factory in a Box

Slide 7: Times Are Changing

Slide 8: Evolution of the Printing Industry (1)

Slide 9: Evolution of the Printing Industry (2)

Slide 10: Evolution of the Printing Industry (3)

Slide 11: Evolution of the Printing Industry (4)

Slide 12: AME Simplifies a Complex Process

Slide 13: How It Works

Slide 14: Example of Hi-PEDs: Functional Capacitors

Slide 15: Example of Hi-PEDs: DC-DC Up Converter Transformer

Slide 16: AME Allows New Designs

Slide 17: Example of Hi-PEDs: Vertically Stacked ICs

Slide 18: Key Capabilities with Hi-PEDs

Slide 19: Nano Dimension Evolution: Lights-Out Digital Manufacturing

Slide 20: Fabrica – Since April

Slide 21: Fabrica – Tera Stitching

Slide 22: Fabrica – Tera Patents

Slide 23: Fabrica – Complex Microelectronic Device

Slide 24: Complex Micro Electronic Devices

Slide 25: Complex Micro Mechanical Devices

Slide 26: Micro Mechanical Parts

Slide 27: DeepCube: Acquisition Since April 2021

Slide 28: Deep Learning Free of Traditional Constraints

Slide 29: Deploying Optimized Models in the Real World

Slide 30: DL Models Are Usually Inefficient & Jittery

Slide 31: Fusing Together Training and Inference

Slide 32: Alan Kay quote: make their own hardware

Slide 33: Optimize Capex, Revenue, Design Spaces, and Use Cases

Slide 34: Continuous Collection and Refinement of Learning Models

Slide 35: Cloud Based DL Framework for Self Learning Machines

Slide 36: Industry 4.0 – Growth Opportunity for Deep Learning

Slide 37: Table of Contents

Slide 38: Vision and Mission

Slide 39: The Problem

Slide 40: Return on Investment – Prototyping

Slide 41: Return on Investment – Production

Slide 42: Traditional PCB Manufacturing Footprint

Slide 43: AME / 3D Printed Electronics Market

Slide 44: AM / 3D Micro Printing Market

Slide 45: Table of Contents

Slide 46: Nano Dimension: Financial Data

Slide 47: Business Model: Recurring Revenue Model That Scales

Slide 48: Business Model: Fabrica

Slide 49: Failsafe Biotech-Like Investment Model

Slide 50: Table of Contents

Slide 51: Our Customers Are Innovators in Leading Markets

Slide 52: Revenue Drivers

Slide 53: Case Studies & Cooperation Details

Slide 54: Global Customers

Slide 55: Investment Highlights

Slide 56: Fabrication Services: NaNoS Shop

Slide 57: Why Additive Manufacturing for Electronics?

Slide 58: Table of Contents

Slide 59: Thank You

Slide 60: Appendix 1

Slide 61: Customer Case I: CBN-IIT, Italy

Slide 62: Cooperation Case II: Harris, USA

Slide 63: Customer Case III: Hensoldt, Germany

Slide 64: Customer Case IV: Piezoskin, Italy

Slide 65: Customer Case V: REHAU, Germany

Slide 66: Nano Dimension Management

Slide 67: Nano Dimension Management

Slide 68: Appendix 2

Slide 69: Multi-Dimensional Business Development Strategy

Slide 70: Multi-Dimensional Business Development Strategy

Slide 71: Multi-Dimensional Business Development Strategy

Slide 72: Multi-Dimensional Business Development Strategy

Slide 73: Multi-Dimensional Business Development Strategy

Slide 74: Multi-Dimensional Business Development Strategy

Slide 75: Multi-Dimensional Business Development Strategy

Slide 76: Multi-Dimensional Business Development Strategy

Slide 77: Multi-Dimensional Business Development Strategy

Slide 78: Multi-Dimensional Business Development Strategy

Slide 79: Appendix 3