Quick Summary
• Nano Dimension has sold its Additively Manufactured Electronics business to Inspira. The sale ¨includes intellectual property, proprietary high-precision 3D electronic printing systems, patented software, engineering know-how, manufacturing equipment, inventory, customer-related assets,...
Additional Context
Nano Dimension has sold its Additively Manufactured Electronics business to Inspira. The sale ¨includes intellectual property, proprietary high-precision 3D electronic printing systems, patented software, engineering know-how, manufacturing equipment, inventory, customer-related assets, and fully equipped facilities, including physics and chemistry laboratories and an ink manufacturing plant. Inspira has assumed control of the acquired assets and operations effective immediately.¨
Inspira is paying $2 million now and may pay another $10.5 million in deferred performance related fees over the next year. The AME business is the core of the Nano Dimension offering and includes the Dragon Fly 3D printer, the Conductive Ink Dielectric Ink and other ink formulations, the dielectric and other po