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. The agreement includes exclusivity provisions that underscore the strategic importance the partner places on QTREX’s technology. It also outlines a potential phased commercial pathway toward broader AME system rollouts, with aggregate revenue for QTREX in the tens of millions of dollars. The partner’s identity is not being disclosed at this stage pursuant to contractual confidentiality obligations.” The announcement also provides a look at what is happening to Nano Dimension’s former AM businesses under their new owner. In April, Nano Dimension sold AME, along with its Fabrica micro-3D printing operation, as part of a broader effort to cut costs and sell assets it no longer considered central to its plans. QTREX bought both businesses. Now, just five months after the sale, one of those technologies is moving into a major defense manufacturer. From Nano Dimension to QTREX QTREX was still called Inspira Technologies when it agreed to buy the AME and Fabrica assets on April 1. The transaction closed on April 6. It paid $2 million upfront, with additional payments that could bring the total purchase price to
QTREX Takes Nano Dimension's AME Technology Into Israeli Defense
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