Nano Dimension’s 3D printing process in action.

Nano Dimension

New 3D-printed materials are going to space thanks to a recently funded partnership between Israel’s NanoDimension and Florida’s Harris Corp.

The companies plan to create new materials to reduce the manufacturing of small satellites, an exceedingly popular market right now for applications ranging from weather observations to remote surveillance.

They aim to fly their materials on an external platform of the International Space Station for a year. The goal is to better understand how 3D-printed components (such as circuits and materials) withstand the space environment, which includes extreme temperature swings and high radiation. The launch date of the project was not disclosed.

Small satellites are largely made up of tiny and lightweight components, which tend to be manufactured at high cost, said Israeli co-founder and CEO Amit Dror. “We believe we can actually save half a million dollars [per launch], something around that, by changing the methods of manufacturing those,” he said.

Space Florida, the aerospace economic development agency for the state, will provide $250,000 to Harris Corp., and the Israeli Innovation Authority will finance about $166,000 for the project’s Israeli portion. Nano Dimension will pay royalties on future sales of this product, up to the full Israeli grant amount.

On Nano Dimension’s side, the company’s PCB printer manufacturing allows it to create 3D-printed materials that are both conductive and dielectric — properties that are useful for the electronic industry. Nano Dimension can also combine several components into a single item, such as a PCB with an antenna and a sensor. “This isn’t a common shape,” Dror said, explaining that PCBs tend to be flat.

The Nano Dimension team accepts funding from Space Florida and the Israeli Innovation Agency for 3D printing. From left: Ron DeSantis (governor of Florida), Aharon Aharon (CEO of the Israeli Innovation Authority), Jaim Nulman (chief technology officer of Nano Dimension), Amit Dror (CEO and cofounder of Nano Dimension), and Frank DiBello (president and CEO of Space Florida).

Nano Dimension

Four people co-founded Nano Dimension in 2013, back when 3D printing in space materials was really taking off, Dror said. They began by licensing a few patents from a university in Jerusalem; today, starting through a pilot program established about three years ago, one of their largest segments is the U.S. aerospace and defense industry.

Nano Dimension is traded on the Nasdaq. In March, it reported revenues of $1.7 million in the fourth quarter in 2018 and $5.1 million for the full year (both an increase over 2017). Its net loss for 2018 was $15.5 million, or $0.17 per share, compared to $17.5 million, or $0.31 per share, in 2017.

The company’s workforce is slightly off its peak of 100 people, since they are making the shift from a research and development company to moving into production in the last 18 months. Now standing at 85 employees, the company also has 20 resellers worldwide, including five or six in the United States.

Dror said the company is aiming to improve its operational expenses and revenue margins in the coming year, which will involve attracting customers for repeat sales and driving more customer adoptions in general. He adds that the company is still very much in startup mode, but its customers are eager to try different products and he expects more system adoptions by clients shortly.

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Nano Measurement’s 3D printing procedure in action.

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) Nano Measurement

Brand-new 3D-printed products are going to area thanks to a just recently moneyed collaboration in between Israel’s NanoDimension and Florida’s Harris Corp.

(************* )The business prepare to produce brand-new products to decrease the production of little satellites, an extremely popular market today for applications varying from weather condition observations to remote security.

They intend to fly their products on an external platform of the International Spaceport Station for a year. The objective is to much better comprehend how 3D-printed parts (such as circuits and products) endure the area environment, that includes severe temperature level swings and high radiation. The launch date of the job was not divulged.

Little satellites are mainly comprised of small and light-weight parts, which tend to be made at high expense, stated Israeli co-founder and CEO Amit Dror. “Our company believe we can in fact conserve half a million dollars [per launch], something around that, by altering the techniques of making those,” he stated.

Area Florida, the aerospace financial advancement firm for the state, will supply $250,000 to Harris Corp., and the Israeli Development Authority will fund about $166,000 for the job’s Israeli part. Nano Measurement will pay royalties on future sales of this item, approximately the complete Israeli grant quantity.

On Nano Measurement’s side, the business’s PCB printer production enables it to produce 3D-printed products that are both conductive and dielectric– residential or commercial properties that work for the electronic market. Nano Measurement can likewise integrate a number of parts into a single product, such as a PCB with an antenna and a sensing unit. “This isn’t a typical shape,” Dror stated, discussing that PCBs tend to be flat.

The Nano Measurement group accepts financing from Area Florida and the Israeli Development Company for 3D printing. From left: Ron DeSantis( guv of Florida), Aharon Aharon (CEO of the Israeli Development Authority), Jaim Nulman (primary innovation officer of Nano Measurement), Amit Dror (CEO and cofounder of Nano Measurement), and Frank DiBello (president and CEO of Area Florida).

Nano Measurement

4 individuals co-founded Nano Measurement in 2013, back when 3D printing in area products was truly removing, Dror stated. They started by certifying a couple of patents from a university in Jerusalem; today, beginning through a pilot program developed about 3 years earlier, among their biggest sectors is the U.S. aerospace and defense market.

Nano Measurement is traded on the Nasdaq. In March, it reported profits of $1.7 million in the 4th quarter in 2018 and $5.1 million for the complete year (both a boost over 2017). Its bottom line for 2018 was $155 million, or $0.17 per share, compared to $175 million, or $0.31 per share, in 2017.

The business’s labor force is a little off its peak of 100 individuals, given that they are making the shift from a research study and advancement business to moving into production in the last 18 months. Now standing at 85 staff members, the business likewise has 20 resellers worldwide, consisting of 5 or 6 in the United States.

Dror stated the business is intending to enhance its functional expenditures and income margins in the coming year, which will include drawing in consumers for repeat sales and driving more consumer adoptions in basic. He includes that the business is still quite in start-up mode, however its consumers aspire to attempt various items and he anticipates more system adoptions by customers soon.

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Nano Measurement’s 3D printing procedure in action.

Nano Measurement

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Brand-new 3D-printed products are going to area thanks to a just recently moneyed collaboration in between Israel’s NanoDimension and Florida’s Harris Corp.

The business prepare to produce brand-new products to decrease the production of little satellites, an extremely popular market today for applications varying from weather condition observations to remote security.

They intend to fly their products on an external platform of the International Spaceport Station for a year. The objective is to much better comprehend how 3D-printed parts (such as circuits and products) endure the area environment, that includes severe temperature level swings and high radiation. The launch date of the job was not divulged.

Little satellites are mainly comprised of small and light-weight parts, which tend to be made at high expense, stated Israeli co-founder and CEO Amit Dror. “Our company believe we can in fact conserve half a million dollars [per launch], something around that, by altering the techniques of making those,” he stated.

Area Florida, the aerospace financial advancement firm for the state, will supply $ 250, 000 to Harris Corp., and the Israeli Development Authority will fund about $ 166, 000 for the job’s Israeli part. Nano Measurement will pay royalties on future sales of this item, approximately the complete Israeli grant quantity.

On Nano Measurement’s side, the business’s PCB printer production enables it to produce 3D-printed products that are both conductive and dielectric– residential or commercial properties that work for the electronic market. Nano Measurement can likewise integrate a number of parts into a single product, such as a PCB with an antenna and a sensing unit. “This isn’t a typical shape,” Dror stated, discussing that PCBs tend to be flat.

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The Nano Measurement group accepts financing from Area Florida and the Israeli Development Company for 3D printing. From left: Ron DeSantis (guv of Florida), Aharon Aharon (CEO of the Israeli Development Authority), Jaim Nulman (primary innovation officer of Nano Measurement), Amit Dror (CEO and cofounder of Nano Measurement), and Frank DiBello (president and CEO of Area Florida).

Nano Measurement

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.

4 individuals co-founded Nano Measurement in 2013, back when 3D printing in area products was truly removing, Dror stated. They started by certifying a couple of patents from a university in Jerusalem; today, beginning through a pilot program developed about 3 years earlier, among their biggest sectors is the U.S. aerospace and defense market.

Nano Measurement is traded on the Nasdaq. In March, it reported profits of $ 1.7 million in the 4th quarter in 2018 and $ 5.1 million for the complete year (both a boost over 2017). Its bottom line for 2018 was $ 15.5 million, or $ 0. 17 per share, compared to $ 17.5 million, or $ 0. 31 per share, in2017

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The business’s labor force is a little off its peak of 100 individuals, given that they are making the shift from a research study and advancement business to moving into production in the last 18 months. Now standing at 85 staff members, the business likewise has 20 resellers worldwide, consisting of 5 or 6 in the United States.

Dror stated the business is intending to enhance its functional expenditures and income margins in the coming year, which will include drawing in consumers for repeat sales and driving more consumer adoptions in basic. He includes that the business is still quite in start-up mode, however its consumers aspire to attempt various items and he anticipates more system adoptions by customers soon.