Nano Dimension's DeepCube Product, First Time Under Commercial Contracts, Generating Revenue Independently Beyond Its Integration Into Nano's 3D Printers
Portfolio Pulse from Happy Mohamed
Nano Dimension Ltd. (NNDM) has announced progress in commercializing its in-house DeepCube Group's industrial AI services. The company has signed an agreement with a multinational electronics company to use DeepCube's deep learning-based AI technology and is in advanced discussions with several other companies. The technology is used to improve the efficacy of processes, which can lead to significant financial benefits. The company's CEO, Yoav Stern, expressed satisfaction with the market's response to the technology.
July 05, 2023 | 12:34 pm
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Nano Dimension's progress in commercializing its DeepCube Group's AI services and the positive market response could potentially boost its revenues and stock price.
The news of Nano Dimension's progress in commercializing its AI services and the positive market response is directly related to the company's business operations and future revenue streams. This could potentially lead to an increase in the company's stock price in the short term.
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