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Company gains strong foothold in metal and composite manufacturing.
April 25, 2025
By: DAVID SAVASTANO
Contributing Editor, Coatings World and Ink World
Nano Dimension Ltd. announced the completion of its acquisition of Markforged Holding Corporation, providing the company a strong foothold in metal and composite manufacturing solutions and a leap forward in AI-enhanced manufacturing. The transaction, valued at $116 million or $5.00 per share, was finalized following necessary regulatory approvals and satisfaction of customary closing conditions. “Nano Dimension remains firmly committed to its vision: building a preeminent digital manufacturing leader,” said Ofir Baharav, CEO of Nano Dimension. “Completing the Markforged acquisition is a major milestone in fulfilling that vision. 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. “Its install base of over 15,000 systems across leading industrial customers can serve as a strong platform for expanding Nano Dimension’s reach,” Baharav added. “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 significantly enhances its position in the design-to-manufacturing of high-performance, high-value metal and composite parts directly where they matter most – on the manufacturing floor. Markforged is a leader not only in exceptional manufacturing systems and materials science, but also in cloud-based services and machine learning based AI manufacturing. Markforged’s 15,000+ systems are deployed at global leaders across key industries, including aerospace and defense, automotive, consumer electronics, industrial automation, and medical technology, along with government organizations. Their premium solutions have become critical for rapid manufacturing, re-shoring, supply chain resilience, IP security, and sustainability. In 2024, Markforged generated more than $85 million in annual revenue with non-GAAP gross margins of approximately 50%. Assaf Zipori, who has been CFO of Markforged, was appointed as Nano Dimension’s new CFO on April 24, 2025.
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