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A 3D printing technology that Nano Dimension sold just five months ago is now being installed inside one of Israel’s largest defense companies.
QTREX Quantum (Nasdaq: QTEX) bought Nano Dimension’s Additively Manufactured Electronics (AME) business in April. Now, one of its new customers, an unnamed Israeli aerospace and defense manufacturer, has begun deploying the technology. QTREX said on September 2 that the first AME system is being installed at the customer’s facilities as part of a joint development program.
While the customer’s name has not been disclosed, it is being described as one of Israel’s three largest defense companies and a major global aerospace and defense manufacturer.
QTREX noted that: “The first QTREX AME system is now being installed at the partner’s facilities. T