Nano Dimension Closes Markforged Acquisition

Nano Dimension Ltd. reports the completion of its acquisition of Markforged Holding Corp. The transaction, valued at $116 million or $5 per share, was finalized after necessary regulatory approvals and satisfaction of customary closing conditions.

“With proven metal and composite solutions that tightly integrate hardware, cloud-based AI-enhanced software, and materials science, Markforged has played a critical role in manufacturing on factory floors worldwide," says Ofir Baharav, chief executive officer of Nano Dimension. Its install base of over 15,000 systems across leading industrial customers can serve as a strong platform for expanding Nano Dimension’s reach. While Markforged solutions have achieved nearly 50% gross margin, we will continue to take clear, decisive steps to drive profitability and strengthen our capital position in the quarters ahead.”

With this acquisition, Nano Dimension says it enhances its position in the design-to-manufacturing of metal and composite parts directly on the manufacturing floor. Markforged is a provider of manufacturing systems and materials science, and also cloud-based services and machine learning based AI manufacturing. AI enhancements address a manufacturing imperative: precise, consistent replication of designed parts on the production line. Nano Dimension is committed to integrating and deploying thesecapabilities across its portfolio of digital manufacturing solutions.

Markforged’s 15,000+ systems are deployed at global leaders across key industries including aerospace & defense, automotive, consumer electronics, industrial automation and medical technology, along with government organizations. These are solutions for rapid manufacturing, re-shoring, supply chain resilience, IP security and sustainability.

In 2024, Markforged generated over $85 million in annual revenue with non-GAAP gross margins of approximately 50%.

As announced on March 26, 2025, Nano Dimension launched a strategic assessment, with a focus on its core business and recent acquisitions. Nano Dimension's strategy is centered on:

• Maintaining financial strength: Ensure a capital base.
• Driving growth: Focus on products and services based on technology with a growth outlook that can deliver financial results.
• Growing margins: Achieve economic efficiencies in manufacturing, operations, supply chains and information systems.
• Building indispensable customer partnerships: Deliver solutions that make Nano Dimension a manufacturing partner.
• Appointment of new chief financial officer.

Assaf Zipori, who has been chief financial officer of Markforged, was appointed as Nano Dimension’s new chief financial officer on April 24, 2025, Nano Dimension reports.

Sources: Press materials received from the company and additional information gleaned from the company’s website.