Katherine Thompson's questions to Nano Dimension (NNDM) leadership • Q3 2024
Question
Katherine Thompson inquired about customer reactions to the proposed acquisitions, the regulatory timeline for the deals, and the strategy for achieving EBITDA breakeven.
Answer
Executive Yoav Stern reported that customer reaction has been 'extremely excited' at the Formnext trade show. He confirmed the company expects the Desktop Metal deal to close in Q4 and the Markforged deal in Q1 2025, pending final regulatory approvals. Stern clarified that the path to profitability by early 2026 will be driven by dramatic expense cuts and cost synergies following the mergers, rather than revenue synergies.