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Nano Dimension, Hensoldt Invest $6M In 3D Electronic Printing Joint Venture

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  • 3D-Printed Electronics provider Nano Dimension Ltd (NASDAQ: NNDM) collaborated with defense and security electronics and sensor solutions provider Hensoldt AG (OTC: HAGHY) in a $6 million joint venture entity named J.A.M.E.S. GmbH (Jetted Additively Manufactures Electronics Sources or J.A.M.E.S.).

  • The JV aims to develop the most advanced technology in 3D printing.

  • Hensoldt unit Hensoldt Ventures will lead the joint venture.

  • Taufkirchen, Germany-based J.A.M.E.S., will combine the strengths of both companies and further advance the development of 3D-printed electronic components.

  • J.A.M.E.S. will also house an operating fabrication laboratory to experiment and support designs and technologies.

  • Nano Dimension Chair and CEO will serve as the Chair for J.A.M.E.S.

  • Price action: NNDM shares traded lower by 3.58% at $7.95 on the last check Thursday.

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