This week $NNDM announced yet another capital raise. They print new shares almost weekly. Despite the stock soars again and again. So why did I buy more $NNDM?

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Nano Dimension produces 3D printers to print PCBs (Printed Circuit Board). The difference is, they are the technology leader by far when it comes to PCB manufacturing through #3Dprinting, or additive manufacturing. Up to today almost all PCBs are produced by substractive methods.
The old tech was slow, think days or even weeks, depending on how much you wanted to pay. But it was cheap, except when you wanted to buy in low or very low volume.
Nano's printers are fast, think hours, but expensive. They are competitive on price on very low volumes.
This makes these ideal for rapid prototyping and areas where you only need a low number of PCBs total.
Think medical, military, spaceflight.
My thesis here however is, by increasing numbers of machines sold, they will bring down the cost. Once cost of these 3D printers goes down, volume production becomes more interesting.
Also Nano's 3D printers allow for structure sizes much smaller than old tech. They are enabling new things, like directly printing an antenna or capacitor on the board. That was never before possible.
The double technological increment of printing much faster and doing before impossible prints will lead to the success of this technology.

I'm very long $NNDM
I'll leave you with a video I just found on the web, there have been many in the recent days.
You can follow @hendrikinvestor.
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